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The Senior Lead Counsel II is a senior level position responsible for serving as strategic business partner and subject matter expert by providing legal counsel and thought leadership to the Spread Products business. The overall objective of this role is to provide legal support, advice, and guidance to the Business. Candidates must have experience in structured finance, securitizations, lending facilities and derivatives, have a broad range of asset-backed product experience, and must be NY Bar licensed.
Job Responsibility:
Responsible for providing legal counsel to the Business, supporting strategic initiatives, providing subject matter expertise and interpretations of relevant laws, rules, regulations, and industry practices, and advising business management/leadership on all manner of legal matters and risks impacting the business
Provides advisory services in respect of business decisions by applying institutional knowledge against industry standards, widely accepted business practices, laws, rules, and regulatory guidelines, escalating where appropriate
Collaborates 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
Serves as business partner and advisor to business stakeholders and functional partners (e.g., Risk, Compliance) by participating in planning and development initiatives
contribute to business objectives by using knowledge of industry, laws, and regulations
Actively participates in various risk reviews, governance and control forums while demonstrating keen awareness of issues that could cause financial, reputational, or legal consequences
Proactively identifies, evaluates and contributes to the appropriate management of legal, regulatory, and reputational risk through cross-function collaboration, following relevant legal developments, participating in internal projects, and escalating as appropriate
Manages day-to-day legal activities as a subject matter expert in area of responsibility and provide senior advisory services to business partners
Negotiates, coordinates, and monitors management of complex legal issues and make key decisions within area of responsibility, escalating where necessary
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
Requirements:
Must have experience in structured finance, securitizations, lending facilities and derivatives
Should have experience in a broad range of asset-backed products, including auto loans, consumer loans, credit cards, trade receivables and CLOs, preferably with global exposure
Must be collaborative
10+ years of relevant industry experience with some experience working in an in-house legal role in financial services
NY Bar license in good standing to practice law
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
Experience in working with regulators/regulatory bodies is preferred
Excellent leadership, interpersonal, organizational and relationship management skills
Juris Doctorate or equivalent law degree
Nice to have:
Experience in working with regulators/regulatory bodies
Preferred experience with global exposure in finance products
What we offer:
Medical, dental & vision coverage
401(k)
Life, accident & disability insurance
Wellness programs
Paid time off packages including planned time off, unplanned time off and paid holidays
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