Senior Legal Counsel

Stake is looking for a Senior Legal Counsel to join our Legal, Risk and Compliance team here at our brand new CBD office, within a flexible hybrid working model!

We’re an Australian investing platform that helps ambitious people confidently grow their wealth. By offering seamless, immersive access to the share markets, we’ve empowered a new wave of investors. Stake has grown fast from a fintech startup into a robust financial services company. Today we have 750,000+ customers and more than A$5 billion under administration.

At Stake, we break barriers in everything we do. Just like our customers, we’re driven by ambition. Our desire for continuous growth is what creates the collaborative and high-performance environment we work in. Though we’re spread around the world, we’re a unified team moving towards a shared vision: to unleash the investor in everyone.

Join us as we continue to reshape the financial industry, inspiring investor confidence and celebrating our wins along the way.

About this role

The Senior Legal Counsel at Stake is an experienced corporate lawyer who will be deeply embedded within our business units, acting as a trusted legal partner to guide complex decisions and enable our rapid growth. This role is highly internally focused, requiring you to deeply understand our products and operations and provide practical, solution-oriented legal advice.

You will play a pivotal role in ensuring our innovative products and services are legally sound, and compliant with Australia's evolving financial services regulatory landscape.

Further responsibilities include:

• Collaborative trusted adviser: Be a collaborative and trusted legal advisor for our Product, Engineering, Customer Success, Operations, People, Marketing and Finance teams. This means translating complex legal requirements into practical, actionable advice for non-legal stakeholders.
• Financial Services and Corporate Focus:
  • Provide robust legal advice on the introduction of new products and any changes to current products.
  • Continuously monitor and advise on relevant Australian financial services laws, consumer law, privacy and other applicable regulatory changes and how they impact Stake’s products and services.
  • Advise on general corporate matters including corporate secretarial work.

A bit about you

• 8-10 years Post-Admission Experience (PQE) primarily gained in a top tier law firm with a strong financial services (including funds management and/or markets regulation) background as well as general corporate experience.
• In-house experience in a similarly fast paced environment is also desirable.
• Demonstrated expertise in Australian financial services regulation, particularly the Corporations Act (eg ASFL obligations, Disclosure regimes - PDS, FSG, TMDs under DDO, Market misconduct, Client Money rules) and ASIC Act (eg consumer protection provisions and relevant ASIC Regulatory Guides).
• Experience in contract negotiation and privacy is essential.
• Cosec, intellectual property and litigation experience is preferred.
• Strong commercial acumen and a proven ability to provide pragmatic, business-enabling legal advice in a rapid-growth environment.
• Exceptional communication skills, capable of explaining complex legal concepts clearly and concisely to diverse non-legal audiences.
• Proactive, autonomous, and highly organised, with the ability to manage a varied workload and competing priorities effectively.
• A collaborative team player who thrives on building strong internal relationships and contributing to a positive company culture.

At Stake, we’re more interested in your attitude than your resume. If you believe this is a role you want to jump into head first and be part of our mission, please apply and let us know why in your cover letter!

Benefits of working at Stake

You’ll have the opportunity to work with autonomy while learning from some of the best talent in the industry, playing a meaningful role in building a company that has loads of positive momentum and excitement around it.

But we also have perks. Not long ago, we proudly introduced new benefits under the Grow with Stake program. Please see the whole list on our Careers website, including:

• Career relevant development and training with professional development allowance
• Up to 16 weeks of paid parental leave
• Childcare allowance
• Sonder - healthcare, safety support and EAP for you and your immediate family
• Additional leave types (Swap days, Bear Days, TOIL, Compassionate, Sorry Business)
• Employee Share Options scheme for senior leaders
• Stake products: SMSF 30% discount on yearly membership fee, $295 AUD annual trading credit and Stake Black account
• Recognition awards and team celebrations
• Discretionary performance bonus and talent referral bonus

Stake is an equal opportunity employer that values diversity. We’re proactive about providing an inclusive work environment and do not discriminate based on race, religion, nationality, gender, sexual orientation, age or disability status. We’re also endorsed by WORK180 as a great employer for women.

So what happens next?

Once we've received your application, we'll give it the attention it deserves and you'll hear from us either way. If we think you’d be a good addition to our team, we’ll give you a call and from there, you'll cruise through our recruitment process.

To all recruitment agencies: Stake does not accept agency resumes. Please do not forward resumes to our jobs alias or directly to Stake employees. Stake is not responsible for any fees related to unsolicited resumes.