At a Glance
- Tasks: Provide senior legal advice and support for Futures and Derivatives Clearing activities.
- Company: Join Citi, a leading global financial services company with a collaborative culture.
- Benefits: Generous holiday allowance, private medical insurance, and performance-related bonuses.
- Why this job: Be a strategic partner in a dynamic environment, shaping the future of financial services.
- Qualifications: Significant industry experience and strong leadership skills required.
- Other info: Inclusive workplace committed to personal and professional growth.
The predicted salary is between 36000 - 60000 £ per year.
To provide senior legal advice and support in relation to Citi's Futures and Derivatives Clearing (FDC) activity in EMEA. The Senior Lead Counsel is a senior level position, serving as strategic business partner and subject matter expert by providing legal counsel and thought leadership to the FDC Business. This role requires a pragmatic, proactive attorney with thorough understanding of the strategic direction of the FDC Business, combined with a solid conceptual and practical grounding in the laws and regulations of the geographies in which we operate, providing input into strategic decisions and exercising sound legal judgement to develop proactive, risk-appropriate and commercially practical business-oriented solutions.
The successful candidate will join an established team of lawyers providing legal support to the FDC Business as well as other business units that clear their house positions. The wider team also supports Prime Finance (including Equity Finance and Prime Brokerage); experience in these fields is welcome/advantageous.
Responsibilities
- Acting as lead legal advisor to the FDC business and related operational teams, 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.
- Objectively evaluating business proposals by applying institutional knowledge and risk appetite against industry standards, widely accepted business practices, laws, rules, and regulatory guidelines, escalating as appropriate.
- Collaborating across internal lines of business and control/support functions to achieve coordinated and efficient outcomes on matters of common interest; coordinate closely with the Legal team on a regional and global basis.
- Participating in business planning and development initiatives; contribute to business objectives by providing thought leadership using knowledge of industry, laws, and regulations.
- Proactively identifying, evaluating, and contributing to the appropriate management of legal, regulatory, and reputational risk by collaborating with Independent Compliance Risk Management, following relevant legal developments, participating in internal projects, escalating as appropriate.
- Managing day-to-day legal activities as a subject matter expert in area of responsibility and provide advisory services to business partners.
- Monitoring management of complex legal issues and transactions, escalating when necessary.
- Acknowledging the importance of risk management and safeguarding the firm's reputation 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, as well as effectively supervising the activity of others and creating accountability.
Qualifications
- Significant relevant industry experience, with some experience working in an in-house legal role in financial services.
- Excellent leadership, interpersonal, organizational and relationship management skills.
- Experience in working with regulators/regulatory bodies is preferred.
- Proven ability to apply sound judgement while managing multiple assignments simultaneously in a demanding, fast-paced environment.
- Comprehensive knowledge of international, multi-jurisdictional 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.
- Practising certificate in good standing to practice law; the successful candidate will be educated to degree level and will have obtained a legal qualification in a relevant jurisdiction.
Benefits
- Generous holiday allowance starting at 27 days plus bank holidays; increasing with tenure.
- A discretionary 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.
- Commitment to an inclusive workplace where everyone can be themselves.
Lead Counsel - Futures and Derivatives Clearing - Director in City of Westminster employer: Citigroup Inc.
Contact Detail:
Citigroup Inc. Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Lead Counsel - Futures and Derivatives Clearing - Director in City of Westminster
✨Tip Number 1
Network like a pro! Reach out to connections in the legal and financial services sectors. Attend industry events or webinars, and don’t be shy about introducing yourself. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Prepare for interviews by researching the company and its FDC business. Understand their recent projects and challenges. This will help you tailor your responses and show that you're genuinely interested in contributing to their success.
✨Tip Number 3
Practice your legal scenarios! Think about how you would handle specific legal issues related to futures and derivatives. Being able to discuss these confidently can set you apart from other candidates.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets seen. Plus, we love seeing candidates who take the initiative to engage directly with us. Don’t miss out on this opportunity!
We think you need these skills to ace Lead Counsel - Futures and Derivatives Clearing - Director in City of Westminster
Some tips for your application 🫡
Tailor Your Application: Make sure to customise your CV and cover letter for the Lead Counsel position. Highlight your relevant experience in financial services and any specific knowledge of futures and derivatives clearing. We want to see how your background aligns with our needs!
Showcase Your Legal Expertise: In your application, emphasise your understanding of international laws and regulations that impact the FDC business. We’re looking for someone who can demonstrate their ability to provide sound legal judgement and practical solutions, so don’t hold back on sharing your insights!
Highlight Collaboration Skills: Since this role involves working closely with various teams, make sure to mention your experience in collaborating across departments. We value teamwork, so share examples of how you’ve successfully partnered with others to achieve common goals.
Apply Through Our Website: We encourage you to submit your application through our website for the best chance of being noticed. It’s the easiest way for us to keep track of your application and ensure it gets to the right people. Good luck!
How to prepare for a job interview at Citigroup Inc.
✨Know Your Stuff
Make sure you have a solid grasp of the laws and regulations relevant to Futures and Derivatives Clearing. Brush up on recent legal developments and be ready to discuss how they impact the business. This shows you're not just knowledgeable but also proactive in staying updated.
✨Show Your Strategic Thinking
Prepare to demonstrate your ability to evaluate business proposals and provide sound legal judgement. Think about examples from your past experience where you've successfully navigated complex legal issues or contributed to strategic initiatives. This will highlight your role as a strategic partner.
✨Build Relationships
Emphasise your interpersonal skills during the interview. Be ready to discuss how you've collaborated with different teams and managed relationships with regulators. This is crucial for a role that requires coordination across various business units.
✨Be Ready for Scenario Questions
Expect questions that put you in hypothetical situations related to risk management and compliance. Prepare to articulate your thought process and decision-making strategies. This will showcase your ability to handle real-world challenges effectively.
