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Citibank

Senior Lead Counsel 1 - Foreign Exchange (Hybrid)

Citibank, New York, New York, us, 10261


The Senior Lead Counsel 1 - Foreign Exchange will provide senior legal advice to Citi’s Foreign Exchange business in the Americas, focusing on legal issues associated with electronic platforms used for trading, settling, clearing, confirming, or collateralizing foreign exchange and related transactions and services (“FX Platforms”). The successful candidate will bring leadership and cohesiveness to Citi FX Legal’s global management of legal and regulatory risks on FX Platforms.The FX Platforms Senior Attorney will be responsible for:Designing and leading a legal strategy and partnership with the business for ongoing inventorying, monitoring, managing, and mitigating legal and regulatory risks presented by existing and new FX Platforms.Working closely with the business product team on legal and regulatory risk assessment of proposed new FX Platform relationships.Building partnerships and ongoing engagement with cross-functional teams, including Risk, Compliance, Operations, IT Legal, Network Management, Privacy, and Data Legal leads to ensure a resilient end-to-end risk and control framework for managing legal and regulatory risks presented by existing and new FX Platforms.Seeking guidance and input from colleagues and functions throughout the organization to ensure alignment with the risk and control standards set by Citi’s Legal management and Citi’s executive management team.Maintaining ongoing collaboration and engagement with vendors and providers of critical FX Platforms, including staying updated on legal and regulatory risk assessments of new products, features, platform rules, or rule changes.Maintaining ongoing collaboration and engagement with relevant industry groups to stay current on FX Platforms industry best practices, emerging risks, proposed rules, regulations, regulatory guidance, and developments (such as enforcement actions).Serving as a subject matter expert and key resource.Successful candidates should have:Knowledge of CFTC swap dealer regulations, a strong plus.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, a strong plus.Demonstrated strength and skill in establishing effective working relationships across the business and support functions.7+ years of relevant industry experience, preferably in financial services.Banking or financial industry experience, including laws related to banking regulations.Proven ability to apply sound judgment while managing assignments in a demanding, fast-paced environment.Bar license in good standing to practice law.Education:

Juris Doctorate or equivalent law degree.Job Family Group:

LegalJob Family:

Legal - ProductTime Type:

Full timePrimary Location:

New York, New York, United StatesPrimary Location Full Time Salary Range:

$211,280.00 - $316,920.00In addition to salary, Citi’s offerings may also include 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.Anticipated Posting Close Date:

Nov 21, 2024Citi 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

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