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Custody Legal Counsel – Securities Services

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Citi

12d ago

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

AI generated summary

  • You need experience in corporate legal, financial services or related industry with strong analytical, organisational, and communication skills. Must have knowledge of relevant laws and practices, ability to manage workload efficiently, and a high-quality academic record.
  • You will advise on legal risks, negotiate custody agreements, monitor regulatory changes, collaborate with internal stakeholders, and provide legal support for Custody Services across multiple regions.

Requirements

  • Experience working in a fast-paced corporate legal department, law firm, financial services or related industry.
  • Proven analytical and organisational skills.
  • Exceptional attention to detail and high levels of accuracy.
  • Consistently demonstrates clear and concise written and verbal communication skills, as well as has the ability to seek and understand instructions from the relevant business stakeholder.
  • Comprehensive knowledge of applicable laws and practices relevant to the product areas and banking/financial services industry.
  • Exhibit 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 Securities Services negotiation guidelines as applicable.
  • 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. Partnering with the said internal stakeholders to assess and implement new regulatory requirements, new initiatives/product offerings including assistance with the product approval process.
  • Coordinate external counsel and provide assistance in budgeting.
  • Facilitate 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.

FAQs

What kind of experience is required for this role?

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

What skills are necessary for this position?

Analytical and organizational skills, attention to detail, clear communication skills, knowledge of relevant laws and practices in the financial services industry, ability to manage a busy workload, and time management skills are necessary for this position.

What qualifications are needed for this job?

A high-quality academic record including a Bachelors/ University degree qualification in the relevant discipline of law or equivalent is required. Post Qualification experience will be advantageous.

What responsibilities does this role entail?

The responsibilities of this role include advising the Custody business on legal risk, negotiating custody legal documentation, providing legal support on regulatory requirements, managing day-to-day legal activities, building relationships with internal stakeholders, and facilitating legal guidance and expertise to Custody Services business lines.

How should I apply for this position?

You can apply for this position by submitting your application through the company's official website or job portal. Make sure to include your resume and any relevant qualifications or experience.

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

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  • 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

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