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Citi

Counsel 3 - Legal (Product ) - Officer , Hybrid

Posted Yesterday
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Hybrid
Mumbai, Maharashtra, IND
Mid level
Hybrid
Mumbai, Maharashtra, IND
Mid level
Provides legal counsel to financial-services business partners, advising on banking regulations, legal and reputational risk, strategic initiatives, and complex trading documentation. Negotiates ISDA, GMRA, GMSLA, CDEA, and related agreements; conducts enforceability due diligence; manages documentation data, approvals, regulatory remediation, and contract-management initiatives. Requires a licensed attorney with a Juris Doctorate, financial-services experience, strong negotiation skills, and knowledge of international legal and regulatory frameworks.
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The Counsel III is an intermediate level position responsible for providing legal guidance and thought leadership to the Business. The overall objective of this role is to provide legal support, advice, and guidance to the Business.


This role requires a pragmatic, proactive attorney with thorough understanding of the Business, combined with a solid conceptual / practical grounding in the laws and regulations for the geographies in which we operate. Provides input into strategic decisions, exercising sound legal judgement to develop proactive, risk-appropriate, and commercially practical business-oriented solutions.


Responsibilities:
  • 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
  • Supports legal peers in the evaluation of business proposals by analyzing and producing documentation while 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; coordinates closely with the Legal team on a regional and global basis
  • Assists team in identifying, evaluating and contributing to the 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 in area of responsibility and provide advisory services to business partners as applicable
  • 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.
  • Participation in global documentation regulatory and remediation projects.
  • Assist in the coordination and support of AP Markets Legal Contract Management processes and initiatives.Liaise with other control and functional business in support of the initiatives that the AP MLCM is involved in.
  • 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

Qualifications:
  • 2-5 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
Education:
  • Juris Doctorate or equivalent law degree

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Job Family Group: Legal

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Job Family:Legal - Product

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Time Type:Full time

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Most Relevant Skills Please see the requirements listed above.

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Other Relevant Skills For complementary skills, please see above and/or contact the recruiter.

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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.

Citi Mumbai, Maharashtra, IND Office

Bandra Kurla Complex Road, Mumbai, Maharashtra, India, 400051

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