Lead Counsel , Markets - Vice President (Hybrid) at Citi

, , Singapore -

Full Time

Start Date

Immediate

Expiry Date

03 Jul, 26

Salary

0.0

Posted On

04 Apr, 26

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Legal counsel, ISDA Master Agreement, Contract negotiation, Financial regulations, Risk management, Banking law, Prime business, Regulatory compliance, Due diligence, Strategic planning, Legal documentation, Stakeholder management, Corporate law, Collateral documentation, Legal advisory

Industry

Financial Services

Description

Whether you’re at the start of your career or looking to discover your next adventure, your story begins here. At Citi, you’ll have the opportunity to expand your skills and make a difference at one of the world’s most global banks. We’re fully committed to supporting your growth and development from the start with extensive on-the-job training and exposure to senior leaders, as well as more traditional learning. You’ll also have the chance to give back and make a positive impact where we live and work through volunteerism. At Citi we’re not just building technology, we’re building the future of banking. Encompassing a broad range of specialties, roles, and cultures, our teams are creating innovations used across the globe. Citi is constantly growing and progressing through our technology, with laser focused on evolving the ways of doing things. As one of the world’s most global banks we’re changing how the world does business. The Lead Counsel II is a senior level position responsible for providing legal guidance and thought leadership to the business. This role will be placed with the Markets Legal Contract Management (MLCM) team. The MLCM team is part of the broader Citi Markets Legal team. The overall objective of this role is to provide legal support, advice, and guidance to the business. This role requires a pragmatic, proactive and experienced attorney with thorough understanding of the Markets business and specifically the Prime Business, combined with a solid conceptual / practical grounding in the laws and regulations for the geographies in which we operate. In particular, this role requires in-depth experience in Markets documentation and a deep understanding of negotiations with hedge fund clients. This candidate will be expected to provide input into strategic decisions, exercise sound legal judgement to develop proactive, risk-appropriate, and commercially practical business-oriented solutions. In this role, you’re expected to: Timely negotiation and preparation of ISDA Master Agreement, Global Master Repurchase Agreement, Global Master Securities Lending Agreement, CDEA and other markets trading documentation; negotiation of ancillary trading documentation, including review of corporate documentation, security and collateral documentation. Conduct due diligence to determine whether agreements are enforceable and meet the well-founded basis standard under applicable capital rules. - Coordination and tracking of deviation approvals including compliance of documentation with legal, regulatory requirements and Citi policies. Legal support, advice, and guidance across a broad range of practice areas whilst appropriately assessing risk of business decisions made by driving compliance with applicable laws, rules and regulations and adhering to Policy, applying sound ethical judgment regarding personal behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency. Management of data inputting for trading documentation and interaction with other regional support teams regarding trading documentation data systems and related queries, amendments. Assist in the coordination and support of MLCM processes and initiatives, with respect to Prime negotiations. Liaise with other control and functional business in support of the initiatives that the AP MLCM is involved in. Provides analysis of matters in support of resolution of complex and variable situations or to formulate an approach. Responsible for providing legal counsel to the Business, participating in strategic initiatives, providing subject matter expertise and interpretations of relevant laws, rules, regulations, and industry practices, and advising business management on legal matters impacting the business Partners with legal peers to objectively evaluate business proposals by applying institutional knowledge and risk appetite against industry standards, widely accepted business practices, laws, rules, and regulatory guidelines, escalating as appropriate Collaborates across internal lines of business, control/support functions and/or external counsel to achieve coordinated and efficient outcomes on matters of common interest; coordinate closely with the Legal team on a regional and global basis Participates in Business planning and development initiatives; contributes to business objectives by providing thought leadership using knowledge of industry, laws, and regulations Proactively identifies, evaluates, and contributes to the appropriate management of legal, regulatory, and reputational risk by collaborating with ICRM & Risk, following relevant legal developments, participating in internal projects, escalating as appropriate Manages day-to-day legal activities as a subject matter expert in area of responsibility and provide advisory services to business partners Monitors management of complex legal issues and transactions, escalating when necessary Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding Citigroup, its clients and assets, by driving compliance with applicable laws, rules and regulations, adhering to Policy, applying sound ethical judgment regarding personal behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency, as well as effectively supervise the activity of others and create accountability with those who fail to maintain these standards. As a successful candidate, you’d ideally have the following skills and exposure: 6-10 years of relevant industry experience, preferably in financial services Banking or financial industry experience, including laws related to banking regulations Knowledge of international laws, regulations and practices while staying abreast of regulatory and legal environment, internal policies and industry trends that impact the business Experience with complex deals, demonstrated ability to analyze issues and develop legal solutions Effective communication and negotiation skills and ability to build and maintain trusted relationships Excellent interpersonal, organizational and relationship management skills Proven ability to apply sound judgement while managing assignments in a demanding, fast-paced environment Bar license in good standing to practice law Juris Doctorate or equivalent law degree Working at Citi is far more than just a job. A career with us means joining a family of more than 230,000 dedicated people from around the globe. At Citi, you’ll have the opportunity to grow your career, give back to your community and make a real impact. Take the next step in your career, apply for this role at Citi today https://jobs.citi.com/dei ------------------------------------------------------ Job Family Group: Legal ------------------------------------------------------ Job Family: Legal - Product ------------------------------------------------------ Time Type: Full time ------------------------------------------------------ Most Relevant Skills Please see the requirements listed above. ------------------------------------------------------ Other Relevant Skills For complementary skills, please see above and/or contact the recruiter. ------------------------------------------------------ Citi is an equal opportunity employer, and qualified candidates will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other characteristic protected by law. If you are a person with a disability and need a reasonable accommodation to use our search tools and/or apply for a career opportunity review Accessibility at Citi. View Citi’s EEO Policy Statement and the Know Your Rights poster.

Responsibilities

The Lead Counsel provides legal guidance and thought leadership to the Markets business, specifically focusing on the Prime Business and contract management. Responsibilities include negotiating complex trading documentation, ensuring regulatory compliance, and advising business management on legal risks.