Citi
Senior Lead Counsel 2 - Bank Regulatory Lead
Citi, New York, New York, us, 10261
Citi is seeking a highly motivated attorney to join its Legal Department as a Senior Lead Counsel 2 in the Bank Regulatory Legal (“BRL”) Group. In this role, this attorney will provide U.S. bank regulatory legal advice to Citi’s businesses and control functions, including the Independent Risk Management ("IRM”) and Independent Compliance Risk Management (“ICRM”) functions, Finance/Treasury and the Chief Operating Officer as well as the Markets, Services, Banking and International, Personal Banking & Wealth Management and Legacy Franchises businesses.The BRL Group is a trusted partner, providing legal advice concerning the impact of US banking laws and regulations on all of Citi’s businesses and control functions, both domestic and foreign. This Group provides legal advice regarding Federal Reserve, Office of the Comptroller of the Currency (OCC) and Federal Deposit Insurance (FDIC) regulations and requirements, including but not limited to, the Bank Holding Company Act and Regulation Y, Regulation K, the National Bank Act and related OCC regulations and Sections 23A and 23B of the Federal Reserve Act and Regulation W as well as regulatory capital and Volcker Rule requirements. This Group also serves as one of the relationship managers for legal and policy issues with US bank regulators.The Senior Lead Counsel 2 in Bank Regulatory Legal is a senior level individual contributor position responsible for serving as a subject matter expert and key legal advisor to business stakeholders, functional partners, and the Legal Management Council by providing legal advice, counsel and thought leadership on all aspects of legal matters relating to U.S. banking laws and regulations.The overall objective of this role is to provide US bank regulatory legal support, advice and guidance across U.S. banking laws and regulations, and Citi businesses and functions, on an enterprise level and globally. This role has a significant degree of responsibility and authority, requiring the ability to operate independently with a solid understanding of applicable U.S. banking laws and regulations. This role has authority to make independent decisions on issues and activities that have critical impact on Citi overall and does not have any direct reports.
Responsibilities:Provide legal advice and support to senior stakeholders regarding U.S. bank regulatory legal issues concerning the impact of U.S. banking laws and regulations on all of Citi’s businesses, staff groups and control functions, across the enterprise and globally.Serve as a key strategic partner to senior management or key regional management and/or primary advisor to senior business stakeholders, functional partners (e.g., IRM, ICRM, Finance), and the Legal Management Council.Advise on bank regulatory legal issues in connection with Citi’s acquisitions, divestitures and internal reorganizations.Assist in managing the resolution of violations of U.S. banking law or regulations and other major related compliance issues.Collaborate with other functions by acting as a trusted legal advisor on strategic U.S. bank regulatory issues, and legislative and rulemaking efforts.Collaborate with U.S. banking regulators on issues of authorization and permissibility.Provide U.S. bank regulatory advice and guidance regarding products and services; provide guidance relating to U.S. bank regulatory compliance and institutional and consumer U.S. bank regulatory matters.Represent Citi with clients, government agencies or other organizations.Anticipate, evaluate, and appropriately respond to developments in U.S. banking laws and regulations that impact relevant Citi businesses and functions.Authority to advise, and/or make independent decisions on issues and activities that have critical impact on one or more of: company revenues, expenses, capital, risk and controls, country/cluster, or business/function operations.Identify and assess U.S. bank regulatory risk issues when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding Citi, its clients and assets.
Qualifications:10-15+ years of relevant financial services industry experience, including experience in an in-house legal role or law firm.Excellent leadership, interpersonal, organizational, relationship management skills.Prior relevant work experience at one of the U.S. bank regulatory agencies (Federal Reserve, OCC or FDIC) strongly preferred.Prior work experience at U.S. G-SIB also preferred.Proven ability to apply sound judgment while managing complex subject matter and issues.Excellent written, verbal, presentation, problem solving and analytical skills.Ability to handle multiple complex and confidential matters under time and pressure.Effective negotiation skills and ability to maintain effective relationships at executive levels.License to practice law in good standing.
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:
$170,000.00 - $300,000.00In 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. For additional information regarding Citi employee benefits, please visit citibenefits.com.Anticipated Posting Close Date:
Nov 27, 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.
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Responsibilities:Provide legal advice and support to senior stakeholders regarding U.S. bank regulatory legal issues concerning the impact of U.S. banking laws and regulations on all of Citi’s businesses, staff groups and control functions, across the enterprise and globally.Serve as a key strategic partner to senior management or key regional management and/or primary advisor to senior business stakeholders, functional partners (e.g., IRM, ICRM, Finance), and the Legal Management Council.Advise on bank regulatory legal issues in connection with Citi’s acquisitions, divestitures and internal reorganizations.Assist in managing the resolution of violations of U.S. banking law or regulations and other major related compliance issues.Collaborate with other functions by acting as a trusted legal advisor on strategic U.S. bank regulatory issues, and legislative and rulemaking efforts.Collaborate with U.S. banking regulators on issues of authorization and permissibility.Provide U.S. bank regulatory advice and guidance regarding products and services; provide guidance relating to U.S. bank regulatory compliance and institutional and consumer U.S. bank regulatory matters.Represent Citi with clients, government agencies or other organizations.Anticipate, evaluate, and appropriately respond to developments in U.S. banking laws and regulations that impact relevant Citi businesses and functions.Authority to advise, and/or make independent decisions on issues and activities that have critical impact on one or more of: company revenues, expenses, capital, risk and controls, country/cluster, or business/function operations.Identify and assess U.S. bank regulatory risk issues when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding Citi, its clients and assets.
Qualifications:10-15+ years of relevant financial services industry experience, including experience in an in-house legal role or law firm.Excellent leadership, interpersonal, organizational, relationship management skills.Prior relevant work experience at one of the U.S. bank regulatory agencies (Federal Reserve, OCC or FDIC) strongly preferred.Prior work experience at U.S. G-SIB also preferred.Proven ability to apply sound judgment while managing complex subject matter and issues.Excellent written, verbal, presentation, problem solving and analytical skills.Ability to handle multiple complex and confidential matters under time and pressure.Effective negotiation skills and ability to maintain effective relationships at executive levels.License to practice law in good standing.
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:
$170,000.00 - $300,000.00In 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. For additional information regarding Citi employee benefits, please visit citibenefits.com.Anticipated Posting Close Date:
Nov 27, 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.
#J-18808-Ljbffr