At a Glance
- Tasks: Provide expert legal advice on financial regulations and ensure compliance across multiple jurisdictions.
- Company: Join Citi, a leading global financial services company with a commitment to community impact.
- Benefits: Enjoy competitive salary, generous holidays, private medical insurance, and a hybrid working model.
- Why this job: Make a real difference in the financial sector while developing your legal expertise.
- Qualifications: Juris Doctorate or equivalent law degree with relevant industry experience.
- Other info: Be part of a diverse workplace that values your individuality and growth.
The predicted salary is between 43200 - 72000 £ per year.
The Lead Counsel - Regulatory - Vice President is a senior level position responsible for serving as subject matter expert and key legal advisor to business stakeholders, functional partners, and the Legal Management Committee by providing counsel and thought leadership on all aspects of legal matters related to Regulations. The overall objective of this role is to provide legal support, advice, and guidance across Regulations and Citi Businesses and Functions. This role requires a pragmatic, proactive attorney with thorough understanding of Regulations, combined with a solid conceptual / practical grounding in the laws and regulations for the geographies in which we operate as it relates to Regulations.
Provides input into strategic decisions, exercising sound legal judgement to develop proactive, risk-appropriate, and commercially business-oriented solutions. This is not a manager.
What you’ll do:
- 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 (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 (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 (Trading, Sales), Operations, and Finance teams to seamlessly integrate enforceability determinations into capital calculation methodologies and operational processes.
- 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 behaviour, conduct and business practices, and escalating, managing and reporting control issues with transparency.
What we’ll need from you:
- 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.
What we can offer you:
We work hard to have a positive financial and social impact on the communities we serve. In turn, we put our employees first and provide the best-in-class benefits they need to be well, live well and save well. By joining Citi, you will not only be part of a business casual workplace with a hybrid working model (up to 2 days working at home per week), but also receive a competitive base salary (which is annually reviewed), and enjoy a whole host of additional benefits such as:
- Generous holiday allowance starting at 27 days plus bank holidays; increasing with tenure.
- A discretional annual performance related bonus.
- Private medical insurance packages to suit your personal circumstances.
- Employee Assistance Program.
- Pension Plan.
- Paid Parental Leave.
- Special discounts for employees, family, and friends.
- Access to an array of learning and development resources.
Alongside these benefits, Citi is committed to ensuring our workplace is where everyone feels comfortable coming to work as their whole self every day. We want the best talent around the world to be energized to join us, motivated to stay, and empowered to thrive.
Lead Counsel - Regulatory - Vice President in Belfast employer: 11037 Citibank, N.A. United Kingdom
Contact Detail:
11037 Citibank, N.A. United Kingdom Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Lead Counsel - Regulatory - Vice President in Belfast
✨Tip Number 1
Network like a pro! Reach out to your connections in the legal and financial sectors. Attend industry events, webinars, or even casual meet-ups. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching the company and its regulatory challenges. Be ready to discuss how your expertise aligns with their needs. Practise common interview questions and think about how you can showcase your problem-solving skills in real-world scenarios.
✨Tip Number 3
Don’t underestimate the power of follow-ups! After an interview, send a thank-you email to express your appreciation and reiterate your interest in the role. It’s a simple gesture that can keep you top of mind for the hiring team.
✨Tip Number 4
Apply through our website for the best chance at landing that Lead Counsel position. We want to see your application directly, and it shows you're serious about joining our team. Plus, you’ll get updates on your application status!
We think you need these skills to ace Lead Counsel - Regulatory - Vice President in Belfast
Some tips for your application 🫡
Know Your Stuff: Make sure you really understand the role and the regulations involved. Brush up on your knowledge of financial services regulations, as this will show us you're serious about the position.
Tailor Your Application: Don’t just send a generic application! Tailor your CV and cover letter to highlight your relevant experience and skills that match the job description. We want to see how you can bring value to our team.
Showcase Your Communication Skills: As a Lead Counsel, effective communication is key. Use your application to demonstrate your ability to convey complex legal concepts clearly and concisely. This will help us see how you can engage with stakeholders.
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it’s super easy!
How to prepare for a job interview at 11037 Citibank, N.A. United Kingdom
✨Know Your Regulations Inside Out
Make sure you have a solid grasp of the key regulations relevant to the role, such as Basel III/IV and Dodd-Frank. Brush up on how these regulations impact netting and collateral arrangements, as you'll need to demonstrate your expertise during the interview.
✨Prepare Real-World Examples
Think of specific instances where you've successfully navigated complex legal issues or provided strategic guidance on regulatory matters. Being able to share these experiences will showcase your practical knowledge and problem-solving skills.
✨Showcase Your Communication Skills
As a Lead Counsel, effective communication is crucial. Practice articulating complex legal concepts in a clear and concise manner. You might be asked to explain how you would advise stakeholders on regulatory compliance, so be ready to demonstrate your ability to simplify intricate topics.
✨Build Relationships with Stakeholders
Highlight your experience in fostering cross-functional partnerships. Be prepared to discuss how you've collaborated with teams like Risk Management and Finance to integrate legal advice into business operations. This will show that you understand the importance of teamwork in achieving compliance and risk mitigation.