Lead Counsel 2 - Country - C13 - Mumbai-Hybrid

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.

Shape your Career with Citi

Citi’s Global Legal Affairs and Compliance(GLAC) empowers and protects Citi by providing legal, compliance, investigative, and security services to our firm.  We manage compliance risk, provide legal analysis and advice, protect Citi’s people and businesses, advocate for legal and regulatory outcomes that benefit our firm and our clients, and ultimately promote behavior that is consistent with Citi’s mission and culture.

We’re currently looking for a high caliber professional to join our team as Lead Counsel 2- C13- Country-Mumbai- Hybrid (Internal Job Title: Vice President- C13) based in Mumbai. Being part of our team means that we’ll provide you with the resources to meet your unique needs, empower you to make healthy decision and manage your financial well-being to help plan for your future.  For instance:

• We believe all parents deserve time to adjust to parenthood and bond with the newest members of their families. That’s why in early 2020 we began rolling out our expanded Paid Parental Leave Policy to include Citi employees around the world.
• We empower our employees to manage their financial well-being and help them plan for the future.
• We have a variety of programs that help employees balance their work and life, including generous paid time off packages.

The Lead Counsel 2 is a senior level position responsible for providing legal counsel and support to aligned countries/geographies of responsibility. The overall objective of this role is to provide legal support, advice, and guidance across a broad range of practice areas, with respect to the local laws and regulations of the country or countries for which the Country General Counsel Group Manager is responsible.

This role is responsible for providing guidance, support, and legal advice on Citi's businesses and functions in India. This role requires thorough understanding of the business needs and expectations, combined with a solid conceptual / practical grounding in the laws and regulations of 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.

In this role, you’re expected to:

• The role would involve managing legal aspects for the following businesses in the country:

  ·Custody and DDP services

  ·Issuer services

  ·Fund accounting services

  ·Trade services

  ·Cash services

  ·Corporate and Commercial Banking

  In addition to the above businesses, the attorney would also be expected to support legal aspects of equities (cash, clearing, strategic equities solutions) and spread products business (commercial real estate finance) on a case-to-case basis.

• In coordination with the Country Counsel team, provides legal advice and support to Country Business Management on legal, control function and regulatory matters associated with Citi’s business activities and legal entities in the countries covered; ensures that Citi is appropriately addressing legal, regulatory, franchise and reputational risks in these countries
• Supports strategic initiatives of the businesses and functions in countries covered by providing Citi Country Officers with guidance and interpretations of relevant laws, rules, regulations, and industry practices, and advising business management on legal matters impacting the business
• Coordinates provision of internal and external legal support to Citi’s local businesses in India, working closely with the relevant Regional Product Counsel (or his or her designee) to ensure that Citi’s legal needs are met in a cost-effective manner
• Develops a broad understanding of Citi’s businesses in the India and of the major legal and regulatory risks facing those businesses
• 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 Legal team members, as appropriate
• Partners with Citi Country Officers and country management to support Citi’s maintaining of good relations with local regulators and all other local regulatory bodies that are relevant to Citi business activities
• Assures that key legal and regulatory developments that may impact or otherwise be relevant to Citi’s businesses in the country, including those involving other financial institutions, are appropriately monitored and that country management is apprised of significant developments
• Takes an active role in any relevant country-level governance committees as assigned, e.g., coordinating committee, business risk & controls committee, legal & compliance committee, legal vehicle management committee; act as lawyer providing support to the country in any matter.
• Manages day-to-day legal activities as a subject matter expert in area of responsibility and provide senior advisory services to business partners
• 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
• Excellent leadership, interpersonal, organizational and relationship management skills
• Excellent command of local languages
• Proven ability to manage multiple assignments simultaneously in a demanding, fast-paced environment
• Comprehensive knowledge of international, multi-jurisdictional laws and practices while staying abreast of regulatory and legal environment, internal policies and industry trends that impact the business
• Effective communication and negotiation skills and ability to maintain trusted relationships

Education:

• Degree in Law from an Indian University

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

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