The Senior Markets Legal Negotiator - Vice President is a senior level, non-attorney role, responsible for representing the Legal Function in providing Transaction Management expertise to Citi’s businesses and functions. The Transaction Management area is responsible for the negotiation, transaction processes, documentation, and execution of business transactions ( working closely with internal clients as well as Sales and Relationship Managers and Citi Product Legal Counsel  in negotiating, reviewing and analysing legal documentation for the key businesses in which we support).   

The successful individual will work on drafting and negotiating a broad range of both standard and complex derivatives documentation for primarily the Corporate Social Governance, Local Markets, Limited Risk Distributor, Foreign Exchange and Rates businesses.

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 and diplomacy skills are required as this role also advises Citi businesses in discussions on the various contractual provisions, including on the risks of modifying or amending such terms and provisions

Responsibilities:

• Negotiating/reviewing legal agreements with internal/external customers to reach agreement on the contents of the Bank’s legal documentation, through telephonic or electronic negotiation and legal lock in sessions / client meetings (where required).
• Close liaison with internal businesses/London Legal in connection with the negotiation of legal agreements in the relevant business area. Convey strong commercial awareness and understanding of the desk’s priorities by ensuring prioritisation of file load is aligned with overall desk goals. 
• Interpret key commercial concepts from an array of trading agreements (Credit Support Annexes, Termination Agreements, Counterparty Guarantees and ancillary documentation and incorporate into EMEA specific documentation, accounting for the necessary regulatory and/or jurisdictional changes where required.
• Apply in-depth understanding of how associated risks differ depending on product and documentation envisaged in relevant jurisdiction(s) and advise Risk and Business accordingly.
• Ensure Citi’s internal and regulatory policies are maintained, and where deviations are necessary, ensuring appropriate risk and / or business approvals are obtained.
• Contribute to the development and implementation of process improvements, through liaising with internal stakeholders such as Technology, Risk, Client Risk Facilitation, Client Onboarding, Regulatory Reform, Operations and Legal.
• Ensure key governance and control checks are implemented during documentation process; proactively identify and escalate issues within the relevant business.
• Understand impact of applicable regulations on the business area and ensure that agreements meet with such regulatory requirements.  
• Problem solve in order to facilitate solutions to ensure technology systems and legal documentation can support client offerings in order to drive forward the client experience.  Involvement with technology development discussions as and when potential solutions are being requested from or offered to clients which may have systems and/or documentation implications.
• Assist with knowledge sharing and preparation of know-how manuals. Provide support and/or training to team members as required.
• Comply with internal and external audits requests to include supplying client documentation and other relevant information as requested by auditors in accordance with specified timeframes.

Qualifications:

• Relevant industry experience, preferably with some experience working in an in-house legal role within financial services
• Transaction Management and/or 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
• Experience with complex corporate structures including hedge funds, structures involving third party lenders, Special Purpose Vehicles, mutual funds and the like

Education:

• Bachelors/University degree or equivalent, 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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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.

 

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