Lead Counsel - Regulatory Job at Citi (Belfast)

Job Description

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.

Job Responsibility

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 (e.g., 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 (e.g., 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 (e.g., 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, as well as effectively supervise the activity of others and create accountability with those who fail to maintain these standards

Requirements

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 offer

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

Citi - All Job Offers

Select Country

Lead Counsel - Regulatory

Job Description

Job Responsibility

Requirements

What we offer

Looking for more opportunities?

Lead Counsel - Regulatory

Lead Counsel - Regulatory - Vice President

Team Lead, Regulatory Product Counsel - North America

Team Lead, Regulatory Product Counsel - North America

Team Lead, Regulatory Product Counsel - North America

Team Lead, Regulatory Product Counsel - North America

Lead Counsel, NORAM Regulatory Investigations

Regulatory Counsel

Senior Counsel (Regulatory)

Our AI answers in your language