Job Description

Legal Counsel | London

Monexspecialisesin FX risk management and international payments, helping corporate and institutional clients design tailored FX solutions to navigate currency volatility with confidence. Our team of FX specialists implement well-considered currency strategies, offering dedicated support to help clients manage their payment needs – whether for goods, services, or direct investments.

In 2023, Monex facilitated $309 billion in FX turnover, managed $10.7 billion in assets, and processed 8.5 million transactions. With offices across North America (Canada, the US, and Mexico), Asia (Singapore), and Europe (the UK, Spain, and the Netherlands), we serve over 66,000 clients worldwide.

By combining global reach with deep local marketexpertise, Monex enhances businesses with a suite of financial solutions and FX market analysis to help optimise efficiency, mitigate currency risk, and protect margins in an increasingly complex financial landscape.  Our corporate client experience is further enhanced by our dedicated sectorexpertiseacross a range of industries.

Reporting to the General Counsel, the Legal Counsel’sprimary focus is to providelegalsupport tothe Heads of Legal in UK and SpainHowever, theMonex legal department functions with a global approach, withallmembersrequiredto providelegal supporttoall groupcompaniesMonex group companies arecurrentlylocatedin Europe, NorthAmericaandAsia

The Legal Counsel will work closely with seniormanagement, Finance, HR, Compliance, Sales, Credit Risk, and Treasury teams, as well as external counsel, to deliver strategic initiatives and day-to-day legal services.

Key activities includeall elements of a busy in-house global legal department, includingcontractreview andnegotiation,providinginternallegal advice,representingthe Legal departmentwithinMonex, coordinating with other Monex departments to support Monex’s operational and strategic goals,instructing external legal counsel and vendors

Key Responsibilities & Accountabilities

Commercial Matters

• Drafting,negotiatingand reviewing terms and conditionsforforeign exchange contracts,referral contracts, amendment agreements, novationagreementsand general commercial contracts.

• Drafting,negotiatingand reviewing contracts within the standard ISDA suite of documentation for a variety of entity types, including institutional/ agency/ umbrella structures and related documentation, and credit support documents, with client counterparties and liquidity providers.

• Drafting,negotiatingand reviewingCredit documentation such asmargin agreementsand client guarantees

• Facilitating efficient and business focused solutions for the business when faced with commercial problems andassistingwith providing a superior client experience, within the permissible legal framework.

Corporate Matters

• Assistingcorporate reorganisations,and corporate secretarial duties such ascorporate filings,appointmentandresignation of directors,updating the group structure chart,organizingandattending board meetings.

• Assistingin liaising with regulatory bodies

• Managing KYC requirements with our liquidity providers andvendors.

• Leading on special projects that require legal inputsuch asreal estate matters,lease negotiation,IT and infrastructure changes and newvendor assessments

• Assistingon data protection, informationsecurityand privacy related matters;

• Assisting on IP and trademark matters.

General Matters

• Creating templatesandworkflows to drive efficiencies and reduce internal resource spend.

• Identifyingareas of legal risk or regulatory requirements andprovide solutions

• Drafting legal notices and letters for ad hoc matters including terminations.

• Collating signatures and arranging for execution of documents within the authorised signatory framework.

• Assistingin the creation ofknow-how, drafting guidance and playbooks on specialist legal subject matters andprovide internal training

• Liaising with law firmsandexternal suppliers

• Legal research

• Maintaining document archives and electronic records

• Other related tasks and matters, including administrative whererequired

Business Knowledge / Technical Skills

Required

• Qualified solicitor in England & Wales with training completed at a reputable private practice law firm,regulatoror in-house program.

• Minimum 4yearspost qualificationexperience

• Strong experience working within an in-house legal function of a bank, regulator,financial services firm or in a private corporate commercial legal practice.

• Good working knowledge of relevantUK and EU laws and regulations including MiFID, EMIR, FSMA, GDPR,the Companies Acts, and EU equivalents.

• An interest and strength in corporate governance. Good knowledge of corporate and company law, with experience in company secretarial responsibilities.

• Sound legal drafting skills

Desirable

• International legal experience either through education,trainingor employment. Preference given to EU legal experience.

• Experience of negotiating industry standard trading agreements and ancillary agreements, especially the ISDA Master Agreement and related agreements, across a variety of counterparty types

• An interest and strength in intellectual property.

• Facility in the Spanish language

If you like wild growth and working with happy, enthusiastic over-achievers, you'll enjoy your career with us!