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M&G

Commercial Legal Counsel

Posted Yesterday
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In-Office
London, England
Senior level
In-Office
London, England
Senior level
The role involves drafting and negotiating commercial contracts, advising on legal risks, supporting strategic projects, and ensuring compliance with regulations in the financial services sector.
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Our purpose is to give everyone real confidence to put their money to work. With a heritage dating back more than 175 years, we have a long history of innovation in savings and investments, combining asset management and insurance expertise to offer a wide range of solutions. 

Our two distinct operating segments, Asset Management and Life, work together to provide access to balanced, long-term investment and savings solutions.

Through telling it like it is, owning it now, and moving it forward together with care and integrity; we are creating an exceptional place to work for exceptional talent.

We will consider flexible working arrangements for any of our roles and also offer work place accommodations to ensure you have what you need to effectively deliver in your role.

Purpose

We are seeking a skilled and commercially astute lawyer to join as a permanent member of our Group Legal team within M&G, supporting the business on a wide range of commercial and  contractual matters. This role is ideal for someone with solid experience in drafting and negotiating commercial contracts within the financial services sector and who is able to provide sound commercial risk assessments on legal issues.

Key Responsibilities

The role encompasses a broad range of legal skills, focused on commercial contracting and encompassing legal advisory, contractual structuring and execution, drafting and negotiating documentation and supporting the company’s strategic commercial projects.

Job & Personal Skills:

Key competencies:

  • Draft, review, and negotiate a variety of commercial contracts including service agreements, procurement contracts, NDAs, technology agreements and outsourcing arrangements.
  • Advise internal stakeholders on legal risks and mitigation strategies related to contractual obligations.
  • Support cross-functional teams including procurement, compliance and operations on contract-related matters.
  • Ensure contracts comply with applicable laws, regulations, and internal policies, particularly those relevant to financial services (e.g., FCA, PRA).
  • Assist with contract lifecycle management and contribute to process improvements.
  • Liaise with external counsel when required and manage legal spend effectively.
  • Provide training and guidance to business teams on contractual best practices and legal awareness.

Personal qualities:

  • Strong drafting and analytical skills and attention to detail
  • Strong commercial judgement and ability to be decisive
  • Intellectually curious with a desire to learn and develop their skills
  • A willingness to challenge/debate and offer own views
  • Tenacious and resilient; willing to go beyond the job description
  • Transparent and a good communicator. Works effectively both independently and when collaborating within the team and across other functions
  • Ability to communicate clearly and effectively with stakeholders and influence and advise at all levels of seniority.
  • Strong organisational skills
  • Flexible with the ability to adapt to changing priorities and fluid deadlines.

Qualifications

Qualified lawyer (there is no requirement that the candidate must be English qualified)

Knowledge & Experience

  • Qualified lawyer with  at least 6 years PQE, with experience in private practice, or in-house, in the financial services space.
  • Strong academic credentials

Experience Level: Manager / Expert

Recruiter: Helen Simons

What we offer:

At M&G, we’re committed to helping you thrive and supporting your wellbeing, both at work and beyond. Our benefits are designed to help you balance your professional and personal life, while planning confidently for your future. Our UK benefits include:

  • As a savings and Investments firm we are proud to offer a valuable pension scheme of 18%, with 13% made up of Employer Contributions and 5% Employee Contributions. We also offer Share Save and our Share Incentive Plan, together with access to financial wellbeing and support services - to help give you real confidence to put your money to work.

  • Enjoy 38 days annual leave including bank holidays, with the opportunity to purchase up to 5 extra days and additional flexibility through our Time Off When You Need It policy – to balance your work and personal commitments.  

  • Our market leading Inspiring Families policy includes comprehensive support and paid parental leave covering maternity, adoption, surrogacy, and paternity leave - as supporting families is a core aspect of our inclusive culture.

  • Health & Protection cover including Private Healthcare, Critical Illness cover and Life Assurance for you, with family options - for peace of mind.

To explore more about life at M&G and our full benefits offering, visit Life at M&G

We have a diverse workforce and an inclusive culture at M&G, underpinned by our policies and our employee-led networks who provide networking opportunities, advice and support for the diverse communities our colleagues represent. Regardless of gender, ethnicity, age, sexual orientation, nationality, disability or long term condition, we are looking to attract, promote and retain exceptional people. We also welcome those who take part in military service and those returning from career breaks.

M&G is also proud to be a Disability Confident Leader, and we welcome applications from candidates with long-term health conditions, disabilities, or neuro-divergent conditions. 

If you need assistance or an alternative means of applying for a role due to a disability or additional need, please let us know by contacting us at: [email protected]

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