Group Legal Director – Employment, Incentives & Pensions

Location: London / Cardiff / UK Remote (for all locations).

Salary: circa £190,000–£210,000 plus incentive awards tied to performance.

Key responsibilities

• Providing strategic legal advice and commercial solutions on EIP matters impacting the Monzo Group as a whole and its subsidiary legal entities (in the UK and EU).
• Being a trusted adviser and partner to the Group Chief People Officer, the Executive leadership and People team, including in developing policies, procedures, guidance, and templates for a range of EIP legal matters.
• Working with Monzo’s VP of Reward, the Reward team and the Chair of the Remuneration Committee on compensation arrangements and remuneration policies and practices with a sound understanding of different reward and compensation structures including share options.
• Managing a team of two senior employment lawyers and mentoring and supporting other lawyers across the wider team.
• Providing EIP advisory legal support across the entire employee life cycle—from hiring (including executive service contracts), people processes and departures, and managing contentious EIP legal matters.
• Supporting international EIP projects and matters in the EU and other jurisdictions as the business scales, coordinating with in‑country General Counsels and their teams.
• Working proactively and collaboratively with the wider Legal, People, Reward, Tax, Risk & Compliance, and Finance collectives on a variety of EIP related matters, ensuring coordination across control functions and business teams.
• Developing and implementing internal frameworks, processes and procedures to increase the efficiency and scalability of EIP legal advice across the Monzo Group and its subsidiary entities, empowering people and business teams with appropriate guidance and tools.
• Delivering training, sharing insights from your work, and educating others on EIP matters, providing forward‑looking guidance on key legal and regulatory developments, risks and opportunities.
• Managing relationships with external legal counsel and working with others in the Collective to optimise legal spend on EIP matters and obtain best value.
• Supporting the broader Legal & Board Governance Collective in building a world‑class, scalable, high‑performing legal team, championing technology innovations to streamline workflows and increase scalability.

Candidate qualifications

• Significant post‑qualification experience in employment law, and preferably incentives and defined contribution pension matters (≈15 years PQE+ as a guide).
• Outstanding technical skills and strong knowledge of employment law, incentives and pension matters, ideally from private practice and in‑house experience; experience at a bank or fintech company managing EIP matters is a plus.
• Strategic thinker, strong communicator and keen problem‑solver who can assess risk and recommend solutions that balance business and risk perspectives.
• Comfortable handling a wide range of legal issues, even outside core expertise, and able to assess when to engage external counsel cost‑effectively.
• Comfortable operating at all levels of the organisation up to the Executive and Remuneration Committee, and able to roll up sleeves and get things done.
• Passionate about the intersection of banking and technology and the transformation unfolding in consumer finance and the future world of work practices; excited by what Monzo is doing.

Benefits

• Salary range: circa £190,000–£210,000.
• Incentive awards tied to performance.
• Flexible working hours, with trust to work enough hours to do your job well, at times that suit you and your team.
• Learning budget of £1,000 a year for books, training courses and conferences.
• Additional benefits (see full list of benefits).

Equal Opportunities

We’re an equal opportunity employer. All applicants will be considered for employment without attention to age, ethnicity, religion, sex, sexual orientation, gender identity, family or parental status, national origin, veteran, neurodiversity or disability status. If you have a preferred name, please use it to apply. We don’t need full or birth names at the application stage

We’re embracing diversity by fostering an inclusive environment for all people to do their best work. You can read more in our blog, the 2024 Diversity and Inclusion Report and the 2024 Gender Pay Gap Report.