Legal Counsel (Regulatory)

Location: London, United Kingdom

Company

M&G is a long-established savings, investment, and insurance business operating across asset management and life solutions.

What you will do

• Manage legal risk and support regulatory compliance and governance within the Asset Management business.
• Provide strategic legal and regulatory advice on compliance matters, regulatory change projects, and business initiatives.
• Advise on litigation and contentious regulatory matters, providing pragmatic solutions to support the business.
• Support new product launches, including fund launches, investment management agreements, and investment advisory agreements.
• Work closely with compliance, risk, first-line risk and controls teams, internal stakeholders, executive committees, and external counsel.

Requirements

• Qualified lawyer with 7+ years PQE in financial services regulatory, litigation, or contentious regulatory practice within a law firm and/or in-house team.
• Demonstrable experience handling contentious matters, regulatory engagement, and regulatory advice.
• Experience advising or working in UK and/or EU asset management businesses with a strong regulatory background.
• Excellent understanding of the asset management business and value chain, including the regulatory frameworks applicable to asset managers, particularly MiFID II, EMIR, and SFTR.
• Ability to build relationships with internal stakeholders and report to executive committees.
• English proficiency at contract negotiation level is essential.
• Strong academic background, drafting and analytical skills, attention to detail, sound judgment, decisiveness, resilience, and strong organisational skills.
• Ability to challenge and debate constructively, communicate transparently, collaborate across functions, and adapt to changing priorities and fluid deadlines.

Nice to have

• Qualification in a common law jurisdiction.
• Experience in fund structuring and negotiating investment management agreements.
• Understanding of fund structures and fund documentation across jurisdictions, particularly the UK, Luxembourg, and Ireland.
• Experience working with and managing external counsel in a multi-jurisdictional context.

Culture & Benefits

• Permanent position within an in-house Asset Management Legal team with opportunities for professional development.
• Flexible working arrangements and workplace adjustments are available.
• UK pension scheme of up to 18%, including up to 13% employer contributions and 5% employee contributions.
• Share Save and Share Incentive Plan, financial wellbeing support, and 38 days of annual leave including bank holidays, with up to five additional days purchasable.
• Paid parental leave, private healthcare, critical illness cover, and life assurance, with additional family options.
• Inclusive culture with employee-led networks and support for reasonable adjustments during recruitment.