Job Description

The opportunity

We’re looking for a Senior Legal Counsel to support a large, complex retirement solutions business operating in a rapidly evolving regulatory and digital landscape. This is a high‑impact role where you’ll provide pragmatic legal advice across commercial, regulatory and operational matters, while also helping improve how legal processes, documentation and workflows are delivered.

You’ll partner closely with leaders across Operations, Technology, Transformation and Client teams to simplify complexity, enable commercial outcomes, and help design future‑ready contracting and governance frameworks.

Location: Melbourne (this role is Melbourne‑based)

Key responsibilities

In this role, you will:

• Lead the drafting and negotiation of high‑value, strategic contracts (client‑side and vendor/partner‑side), including longer‑term third‑party service arrangements.
• Advise on risk allocation, service levels, performance frameworks, accountability and governance.
• Provide guidance on contract performance, variations, disputes and operational governance.
• Interpret and apply regulatory requirements impacting superannuation administration and outsourcing arrangements (e.g. APRA/ASIC obligations, CPS 230, operational resilience, breach reporting, privacy and AFSL considerations).
• Translate legal and regulatory complexity into clear, practical guidance for non‑legal stakeholders.
• Support incident response, breach assessments, regulatory notifications and resilience activities.
• Build scalable ways of working by developing templates and playbooks, and identifying opportunities for contract automation and process optimisation (including emerging AI‑enabled tools where appropriate).
• Mentor and uplift junior lawyers through coaching on contracting and stakeholder engagement.
• Manage external counsel to ensure efficient, commercially balanced outcomes.

About you

You’re commercially minded, calm under pressure, and confident advising senior stakeholders. You bring:

• Australian legal qualifications and a current practising certificate.
• 7+ years’ PQE with strong experience in superannuation highly favourable and/or regulated financial services (in‑house experience strongly preferred; strong secondment experience also valued).
• Proven capability negotiating complex outsourcing, technology and service delivery arrangements (both customer‑ and vendor‑side).
• Excellent working knowledge of APRA/ASIC frameworks and regulated outsourcing and operational resilience expectations (including CPS 230).
• The ability to translate regulatory change into practical impacts for operations, technology, commercial models and governance.
• A pragmatic, solutions‑focused approach and the ability to influence across a broad stakeholder group.
• Experience supporting large transformation or migration programs.
• Exposure to regulatory engagement or supervisory interactions.
• Experience with legal tech, contract automation or process improvement (or a genuine interest in building capability in this area).

What’s it like to work here?

We’re proud of our supportive culture and inclusive work environment, where diversity, flexibility and blended working are genuinely valued. We operate with openness and transparency and place strong emphasis on the health, wellbeing and development of our people.

Joining MUFG Pension & Market Services means joining an organisation that supports continuous learning and skill development, with a range of benefits including:

• Salary sacrificing via superannuation
• Paid parental leave
• Employee discounts
• Hybrid working model
• Volunteer leave

Apply now

If your background is a mix of private practice and in‑house or secondment experience, we welcome your application. What matters most is your ability to provide commercially focused advice in a regulated environment and lead complex contracting.

Please submit your application with an up‑to‑date CV and cover letter.

MUFG Pension & Market Services is a global, digitally enabled business that empowers a brighter future by connecting millions of people with their assets – safely, securely and responsibly.

Through our two businesses MUFG Retirement Solutions and MUFG Corporate Markets, we partner with a diversified portfolio of global clients to provide robust, efficient and scalable services, purpose-built solutions and modern technology platforms that deliver world class outcomes and experiences.

A member of MUFG, a global financial group, we help manage regulatory complexity, improve data management and connect people with their assets, through exceptional user experience that leverages the expertise of our people combined with scalable technology, digital connectivity and data insights.