Full-Time

Custody Legal Counsel

Investor Services

Posted on 2/25/2025

Citigroup

Citigroup

10,001+ employees

Global financial services and banking provider

No salary listed

Senior

Belfast, UK

Hybrid working model (up to 2 days working at home per week)

Category
Legal
Risk & Compliance
Legal & Compliance
Requirements
  • Experience working in a fast-paced corporate legal department, law firm, financial services or related industry.
  • Comprehensive knowledge of applicable laws and practices relevant to the product areas and banking/ financial services industry.
  • Proven analytical and organisational skills.
  • Exceptional attention to detail and high levels of accuracy.
  • Clear and concise written and verbal communication skills, as well as has the ability to seek and understand instructions from the relevant business stakeholder.
  • Confidence and agility in challenging times, and can effectively manage a busy workload comprising work from different financial product areas.
  • Ability to efficiently manage time and competing priorities.
  • You must have a high-quality academic record including a Bachelors/ University degree qualification in the relevant discipline of law or equivalent. Post Qualification experience will be advantageous.
Responsibilities
  • Advise the Custody business, on all aspects of legal risk as it pertains to their business – with respect to (i) negotiations with key platinum clients; (ii) risk issues which materialize in the business; and (iii) regulatory change implementation and associated issues relating to key regulations relevant to the Custody business.
  • Review and negotiate a wide variety of custody legal documentation with internal and external customers to reach agreement on the contents of same, through telephonic or electronic negotiation, and in line with the Investor Services negotiation guidelines as applicable.
  • Provide legal guidance and expertise to the Custody Services business lines throughout Europe, UK, Middle East and Africa on relevant Custody product and product development matters including general advice and negotiation and drafting of transaction documentation, contracts and development of relevant templates.
  • Maintain accurate status reports on negotiation developments within the team and exercise best practice in documentation management, negotiation and execution.
  • Understand the various legal and regulatory requirements of the Custody business and providing legal support in respect of same.
  • Manage day-to-day legal activities, serving as a subject matter expert in area of responsibility and provide advisory services to business partners.
  • Build relationships with various internal stakeholders such as local legal counsels, product, risk, relationship managers and implementation contacts and partner with the said internal stakeholders to assess and implement new regulatory requirements, new initiatives/product offerings including assistance with the product approval process.
  • Coordinate the external counsel and provide assistance in budgeting.
Desired Qualifications
  • Post Qualification experience will be advantageous.

Citigroup provides a wide range of financial products and services to various clients, including consumers, businesses, and governments, across more than 160 countries. Their offerings include consumer banking, credit, corporate and investment banking, securities brokerage, and wealth management. Citigroup's services work by leveraging a global network and advanced technology to facilitate transactions, manage assets, and provide liquidity in the financial system. Unlike many competitors, Citigroup stands out due to its extensive international presence and commitment to sustainability through environmental, social, and governance (ESG) initiatives. The company's goal is to support global trade and investment while promoting responsible financial practices.

Company Size

10,001+

Company Stage

IPO

Headquarters

Tel Aviv-Yafo, Israel

Founded

1812

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Simplify's Take

What believers are saying

  • Citi's partnership with Mastercard enhances its position in the digital banking sector.
  • 'Green Deposits' align with the growing demand for sustainable banking products.
  • Citi's involvement with Jumia taps into the expanding African e-commerce market.

What critics are saying

  • Increased competition from digital platforms like Versana may challenge Citi's market share.
  • Citi's partnership with Jumia exposes it to risks in the volatile African e-commerce market.
  • Regulatory challenges may arise from Citi's collaboration with Mastercard for Google Pay Plex accounts.

What makes Citigroup unique

  • Citi's global reach spans over 160 countries, offering unmatched international banking services.
  • The company integrates ESG initiatives, appealing to environmentally-conscious investors and customers.
  • Citi's technological infrastructure supports innovative solutions in consumer and corporate banking.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

401(k) Retirement Plan

401(k) Company Match

Wellness Program

Paid Vacation

Paid Sick Leave

Paid Holidays

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