Transaction Management Specialist 2 - Credit Administration

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Job Overview

The Transaction Management Specialist 2 is a non-attorney role, responsible for supporting the Credit Admin Function in providing Transaction Management advice and support to Citi’s businesses and functions. The Transaction Management area is responsible for supporting the negotiation, transaction processes, documentation, and execution of business transactions (e.g., establishing a trading or banking relationship, entering transactions or services with Citi, documenting trading in securities between two or more parties).

This role requires a pragmatic, proactive professional with a thorough understanding of the business covered by the team and its products and services. This role also requires a thorough understanding of the contractual terms and legal implications of Citi’s documentation. Excellent communication skills are required as this role also provides direction to Citi businesses in discussions on the various contractual provisions, including on the risks of modifying or amending such terms and provisions.

Responsibilities:

• Facilitates the review, drafting and negotiation of contracts and standard documentation for the relevant Citi business
• Conduct business negotiations with senior peers in a timely, thorough, and efficient manner
• Engages with the firm's institutional clients and their internal/external counsel and collaborates with Citi’s first line, legal, second line and other internal constituents during negotiations
• Integrates specialized knowledge within their area to respond to queries from Citi businesses and clients regarding the contractual documentation and escalates to attorneys as required
• Liaises with unresponsive customers and maintains detailed records of the negotiations.
• Stays abreast of new and changing regulatory and legal issues and industry initiatives and ensures compliance with regulatory requirements
• Advises the Risk function and business partners on risks and associated documentation requirements based  on product and relevant jurisdiction(s) Appropriately assesses risk when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding Citi, 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.

Qualifications:

• 2-4 years of relevant industry experience, preferably with some experience working in an in-house legal role within financial services
• Contractual and documentation negotiation experience in a large institutional setting.
• Proven record of completing complex documentation within very tight time deadlines
• Ability to manage complex documentation with organization and detail
• Must possess excellent interpersonal and project management skills, as well as the ability to interact and communicate effectively with Senior management
• Proficient in Microsoft Office: Word, PowerPoint, Excel, Outlook
• In-depth knowledge of legal customs and practices
• Knowledge and understanding of the financial services industry

Education:

• Bachelors/University degree, Master’s degree preferred

This job description provides a high-level review of the types of work performed. Other job-related duties may be assigned as required.

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Job Family Group:

Legal

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Job Family:

Legal Professionals

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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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