Lead Counsel - Regulatory - Vice President at Citi

London, England, United Kingdom -

Full Time

Start Date

Immediate

Expiry Date

14 Apr, 26

Salary

0.0

Posted On

14 Jan, 26

Experience

10 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Legal Review, Risk Management, Regulatory Compliance, Capital Optimization, Stakeholder Engagement, Legal Advisory, Financial Regulations, Negotiation Skills, Leadership Skills, Interpersonal Skills, Organizational Skills, Relationship Management, Judgment, Analysis, Collaboration, Communication Skills

Industry

Financial Services

Description

Provides input into strategic decisions, exercising sound legal judgement to develop proactive, risk-appropriate, and commercially business-oriented solutions. Within the Financial Services Regulatory Legal team, this position will primarily require you to: Perform legal review, analysis, and ongoing maintenance of global netting and collateral enforceability opinions across multiple jurisdictions. Serve as a primary subject matter expert, providing comprehensive legal advisory services to internal stakeholders on the enforceability and robustness of risk mitigation strategies (including close-out netting and collateral arrangements), and offering expert oversight, ensuring consistency, robustness, and regulatory compliance across multiple geographies and exposure types. Continuously monitor, analyze, and anticipate evolving global financial regulations (e.g., Basel III/ IV, derivatives reforms), including those related to netting, collateral, and capital requirements. Provide interpretation and strategic guidance on the impact of complex prudential regulations (e.g., Basel III/IV, CRR/CRD, EMIR, Dodd-Frank) on netting, exposure measurement, and capital adequacy to key internal stakeholders, ensuring robust and compliant application across various business activities. Manage and coordinate engagements with external legal counsel to procure up-to-date analysis aligned with prevailing market practices and evolving regulatory expectations. Proactively identify, assess, and mitigate legal, regulatory, and reputational risks through close collaboration with internal control and risk management teams, continuous monitoring of legal developments, and active participation in strategic internal projects. Drive capital optimization by providing legal guidance on the structuring and support for netting and collateral arrangements, aiming to maximize capital relief and enhance liquidity for business operations under relevant regulatory frameworks. Support other regulatory matters in respect of which the Risk Management function is a key stakeholder, including sovereign immunity assessment and obligor risk weight assessments under applicable capital rules. Foster robust cross-functional partnerships with Legal, Risk Management, Front Office Business Units (e.g., Trading, Sales), Operations, and Finance teams to seamlessly integrate enforceability determinations into capital calculation methodologies and operational processes. Relevant industry experience, preferably in financial services Banking or financial industry experience, including laws related to banking regulations Comprehensive 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 leadership, 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 Then apply to discover the true extent of your capabilities. ------------------------------------------------------ Job Family Group: Legal ------------------------------------------------------ Job Family: Legal - Enterprise ------------------------------------------------------ Time Type: Full time ------------------------------------------------------ ------------------------------------------------------ For complementary skills, please see above and/or contact the recruiter. ------------------------------------------------------

Responsibilities

The Lead Counsel will provide legal review and analysis of global netting and collateral enforceability opinions while serving as a subject matter expert for internal stakeholders. The role involves monitoring evolving financial regulations and providing strategic guidance on their impact on risk mitigation strategies.