Citi is seeking a seasoned lawyer to work with its industry-leading foreign exchange business to develop, deploy and manage innovative systems used for trading, settling, clearing, confirming, and collateralizing foreign exchange and related transactions and services (“FX Platforms”).  As Senior Lead Counsel 1 - Foreign Exchange, this role will provide leadership and cohesiveness to Citi FX Legal’s global management of legal and regulatory risks relating to FX Platforms.

The FX Platforms Senior Attorney will be responsible for:

• Working in close partnership with the business product team on all aspects of legal and regulatory risk assessment of proposed new FX Platform relationships;
• Negotiating and/or drafting essential legal documentation associated with FX Platforms;
• Building partnerships and on-going engagement with cross-functional teams, including, Risk, Compliance, Operations, IT Legal, Network Management, Privacy and Data Legal leads to ensure an on-going and resilient end-to-end legal risk and control framework;
• Designing and leading a legal strategy and partnership with the business for on-going inventorying, monitoring, managing, and mitigating of legal and regulatory risks presented by existing and new FX Platforms;
• Maintaining an on-going collaboration and engagement with relevant industry groups to stay current on FX Platforms industry best practices, emerging risks, proposed rules, regulations, regulatory guidance, regulatory developments (such as enforcement actions).

Successful candidates should have: 

• 7+ years of relevant industry experience, preferably in capital markets/financial services
• Knowledge of standards and principles recommended for banking organizations by prudential regulators or global standard setting bodies on managing risks relating to third party service providers such as FX Platform vendors.
• Demonstrated strength and skill in establishing effective working relationships across the business and support functions is required.
• Proven ability to apply sound judgement while managing assignments in a demanding, fast-paced environment
• Knowledge of US, UK, and EU swap dealer regulations
• Bar license in good standing to practice law

Education:

• Juris Doctorate or equivalent law degree

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Job Family Group:

Legal

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Job Family:

Legal - Product

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Time Type:

Full time

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Primary Location:

New York New York United States

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Primary Location Full Time Salary Range:

$211,280.00 - $316,920.00

In addition to salary, Citi’s offerings may also include, for eligible employees, discretionary and formulaic incentive and retention awards. Citi offers competitive employee benefits, including: medical, dental & vision coverage; 401(k); life, accident, and disability insurance; and wellness programs. Citi also offers paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays. For additional information regarding Citi employee benefits, please visit citibenefits.com. Available offerings may vary by jurisdiction, job level, and date of hire.

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Anticipated Posting Close Date:

Jan 19, 2025

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Citi is an equal opportunity and affirmative action employer.

Qualified applicants will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

Citigroup Inc. and its subsidiaries ("Citi”) invite all qualified interested applicants to apply for career opportunities. If you are a person with a disability and need a reasonable accommodation to use our search tools and/or apply for a career opportunity review Accessibility at Citi.

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