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Custody Legal Counsel – Investor Services

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Citi

26d ago

  • Job
    Full-time
    Mid & Senior Level
  • Legal
  • Belfast

AI generated summary

  • You need legal experience in financial services, strong analytical skills, attention to detail, effective communication, time management, and a relevant law degree. Post-qualifying experience is a plus.
  • You will advise on legal risks, negotiate custody agreements, provide legal support for product development, maintain documentation, and coordinate with internal and external stakeholders.

Requirements

  • Experience working in a fast-paced corporate legal department, law firm, financial services or related industry.
  • Comprehensive knowledge of applicable laws and practices relevant to the product areas and banking/ financial services industry.
  • Proven analytical and organisational skills.
  • Exceptional attention to detail and high levels of accuracy.
  • Clear and concise written and verbal communication skills, as well as has the ability to seek and understand instructions from the relevant business stakeholder.
  • Confidence and agility in challenging times, and can effectively manage a busy workload comprising work from different financial product areas.
  • Ability to efficiently manage time and competing priorities.
  • You must have a high-quality academic record including a Bachelors/ University degree qualification in the relevant discipline of law or equivalent. Post Qualification experience will be advantageous.

Responsibilities

  • Advise the Custody business, on all aspects of legal risk as it pertains to their business – with respect to (i) negotiations with key platinum clients; (ii) risk issues which materialize in the business; and (iii) regulatory change implementation and associated issues relating to key regulations relevant to the Custody business.
  • Review and negotiate a wide variety of custody legal documentation with internal and external customers to reach agreement on the contents of same, through telephonic or electronic negotiation, and in line with the Investor Services negotiation guidelines as applicable.
  • Provide legal guidance and expertise to the Custody Services business lines throughout Europe, UK, Middle East and Africa on relevant Custody product and product development matters including general advice and negotiation and drafting of transaction documentation, contracts and development of relevant templates.
  • Maintain accurate status reports on negotiation developments within the team and exercise best practice in documentation management, negotiation and execution.
  • Understand the various legal and regulatory requirements of the Custody business and providing legal support in respect of same.
  • Manage day-to-day legal activities, serving as a subject matter expert in area of responsibility and provide advisory services to business partners.
  • Build relationships with various internal stakeholders such as local legal counsels, product, risk, relationship managers and implementation contacts and partner with the said internal stakeholders to assess and implement new regulatory requirements, new initiatives/product offerings including assistance with the product approval process.
  • Coordinate the external counsel and provide assistance in budgeting.

FAQs

What is the role of Custody Legal Counsel in Citi's Investor Services Legal Team?

The Custody Legal Counsel advises the Custody business on legal risks, handles negotiation of custody legal documentation, provides legal guidance on custody product matters, and manages day-to-day legal activities within the team.

What qualifications are required for this position?

A Bachelor's degree in law or equivalent is required, and post-qualification experience is advantageous.

What type of experience is preferred for applicants?

Experience working in a fast-paced corporate legal department, law firm, financial services, or a related industry is preferred.

Is there an opportunity for career development in this role?

Yes, this position offers opportunities to gain experience in product documentation across multiple jurisdictions and access to various learning and development resources.

What benefits does Citi offer to its employees?

Citi offers a competitive salary, generous holiday allowance, annual performance-related bonuses, private medical insurance, employee assistance programs, pension plans, paid parental leave, and special discounts for employees and their families.

Will I have the flexibility to work from home?

Yes, Citi supports a hybrid working model, allowing employees to work from home up to 2 days a week.

How does Citi ensure a supportive work environment?

Citi is committed to creating a workplace where everyone feels comfortable coming to work as their whole self and strives to retain talented, motivated employees.

What is the location of this job?

The position is based in Belfast, Northern Ireland.

What kind of work will I be doing daily?

You will be providing legal advice on custody business matters, negotiating legal documentation, managing compliance issues, and building relationships with internal stakeholders.

Does Citi have a policy for equal opportunity employment?

Yes, Citi is an equal opportunity and affirmative action employer, ensuring that qualified applicants receive consideration without discrimination.

Finance
Industry
10,001+
Employees
1998
Founded Year

Mission & Purpose

Citigroup Inc. or Citi is an American multinational investment bank and financial services corporation headquartered in New York City. Citi's operation is to provide financial services that enable growth and economic progress. Core activities are safeguarding assets, lending money, making payments and accessing the capital markets.

Benefits

  • Live Well, Stay Healthy

    Citi provides programs and services for your physical and mental well-being including access to telehealth options, health advocates, confidential counseling and more. Coverage varies by country.

  • Paid parental leave

    We believe all parents deserve time to adjust to parenthood and bond with the newest members of their families. That’s why in early 2020 we began rolling out our expanded Paid Parental Leave Policy to include Citi employees around the world.

  • Save well, for now and your future

    We empower our employees to manage their financial well-being and help them plan for the future.

  • Keep learning

    Citi provides access to an array of learning and development resources to help broaden and deepen your skills and knowledge as your career progresses.

  • Be well, take time off

    We have a variety of programs that help employees balance their work and life, including generous paid time off packages.

  • Support Your Community

    We offer our employees resources and tools to volunteer in the communities in which they live and work. In 2019, Citi employee volunteers contributed more than 1 million volunteer hours around the world.