C

Citi

Runs banking and payments for global clients

Assistant General Counsel - SVP

Legal Counsel & Legal SupportPosted on Nov 10
Full-timeNew York, NY, USAHybrid

About the Job

Requirements

  • At least 4 years of New York legal post-qualification experience.
  • A good understanding of financial products and how they work and interact, including bonds, loans, derivatives, and securities financing.
  • Derivatives experience within any product group is essential.
  • Knowledge of the derivatives industry body 2006 and 2021 Rates definitions is strongly preferred.
  • Knowledge of technical elements of derivative documentation and products, including close-out provisions, optional and mandatory termination provisions, cash settlement calculations, and non-linear derivatives, particularly swaptions.
  • A bar license in good standing to practice law.
  • Ability to work independently, efficiently, and under pressure.
  • Excellent organization skills.
  • Good diplomatic skills and ability to interact with personnel with different working cultures, levels, and backgrounds.
  • Good written and oral communication skills.
  • Ability to present complex issues simply to senior management.
  • Fluency in English, written and oral.
  • Interest in technology, particularly AI and its application to the candidate’s role and wider department.
  • Intellectual curiosity to learn about new products and new legal structures.
  • Juris Doctorate or equivalent law degree.

Responsibilities

  • Support the Rates corporate solutions business in providing bespoke and structured hedging solutions to corporates.
  • Support other desks within Rates and limited areas of Markets Treasury.
  • Advise on regulations applicable to the supported businesses.
  • Develop experience and understanding of loans, security, the role of a hedge counterparty, derivatives products across the linear and non-linear spectrum, and potentially products used in the structured Markets Treasury business.

Desired Qualifications

  • Knowledge of the derivatives industry body 2006 and 2021 Rates definitions.
  • Knowledge of Dodd-Frank, Volcker, the Investment Company Act, Commodity Exchange Act, U.S. risk retention, bankruptcy, and broker-dealer regulation.
  • Experience with secured hedging structures, such as finance-linked hedging.

About the Company

Citi

Runs banking and payments for global clients

Citi runs banking, investment and payment services for companies, governments and individuals around the world. Its global network connects institutions with local banking systems, while its US consumer business sells credit cards and deposit accounts. Corporate clients use Citi to manage cash, finance trade and raise capital, and investors use its trading, custody and wealth services to hold and manage assets. The bank earns interest on loans and fees from payments, securities transactions, financial advice and account services. Citi traces its banking roots to 1812; the Citigroup holding company was formed in 1998, and its headquarters are in New York City.

Company size
10,001+
Company stage
IPO
Headquarters
New York City, New York
Founded
1812

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