Senior Lead Counsel II, Finance and Markets Treasury Americas (Hybrid)

Senior Lead Counsel II, Finance and Markets Treasury Americas (Hybrid)

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Job Overview

To provide legal advisory support to the Rates and Markets Treasury businesses within Markets business.

The Markets Legal Department is a global team organized around product groups and associated business lines. The Markets Business provides world-class products and financing solutions for corporations, governments, and institutional investors through Citi's market leading underwriting, sales and trading, and distribution capabilities. A key part of the coverage of this critical and core Citi global business is centered within the Markets Legal Team.

Comprising around approximately 330 permanent legal staff located across different parts of the world, the Markets Legal team working in tandem with global and country cluster legal colleagues, provides a wide range of services, support and advice to multiple global and country Markets business and related functional areas, including general advice, transaction negotiation, document drafting and execution, as well as oversight of regulatory developments and requirements. The Markets business areas covered include the core product groups of Equities, Rates, Markets Treasury, FX, Global Spread Products and Commodities.

In addition, the Markets Legal Team provides advice and support to product, legal and functional colleagues and to Citi's governance forums and entity management with respect to different global booking vehicles.

The role resides within the Rates and Markets Treasury Legal team. The role holder will be one of the senior dedicated coverage lawyer for the structured Rates and Markets Treasury businesses in North America and Latin America. The role holder will be required to have a good knowledge of structured derivatives and securities financing transactions including relevant regulations which may be applicable and entered into by the Rates and Markets Treasury businesses in North America and Latin America.

The role holder will also be required to develop and guide junior lawyers on transactions for the businesses the role holder has primary responsibility for.

Key responsibilities will include:

• Providing legal risk management, legal advice and transaction management with supervision to support the relevant businesses including management of the day-to-day legal work and the legal risk decisions on transactions for the relevant businesses.
• Manages and develops relationships with outside counsel to ensure the provision of suitable regulatory and transactional advice on a cost-effective basis including responsibility for ensuring achieving value for money on external legal spend.
• Act as a trusted partner to business seniors and functional partners on strategic projects, new regulatory requirement and legal developments relevant to the Covered Business.
• Participates with business seniors and internal stakeholders in planning the pipeline of new business initiatives
• Providing senior leadership guidance to the more junior team members in Rates and Markets Treasury legal team.
• Supporting the people managers within the Rates and Markets Treasury Legal team with respect to performance and career development of the more junior members of the Rates and Markets Treasury legal team.

This is an exciting opportunity for a senior lawyer with experience in derivatives and securities financing to work in a dynamic and quickly evolving area on novel, complex transactions with the Covered Business to problem solve for specific issues on trade ideas. This role sits within a wider Legal team who supports a number of flow and structured products including flow rates cash, derivatives, credit derivatives, securities financing as well as capital recycling ideas globally and provides an opportunity for additional development into the work supported by other senior lawyers within the legal team.

Knowledge/Experience:

• Preference for a candidate with between 8 to 10 years post-qualification experience in finance, restructuring or derivatives and securities financing experience obtained at a top tier US law firm or other equivalent financial institutions. It will be useful for the candidate to demonstrate experience on leading large, complex or novel bespoke complex structured transactions.
• Knowledge and expertise in regulations and law for flow and bespoke derivatives and securities financing transactions.
• Some knowledge of flow and bespoke derivatives products, complex financing security transactions (including TRS, repo and securities lending under an ISDA) as well as basic understanding of credit derivatives transactions and other credit risk mitigation products such as financial guarantees and risk participation agreements will be useful.

Skills:

• Excellent technical skills and analytical ability.
• Excellent written and oral communication skills.
• Attention to details.