Wealth Legal - Business Strategies & Initiatives Attorney - VP
Citigroup Inc., Tampa, FL, United States
Lead Counsel II is a senior level position in the Wealth Legal – Business Strategy & Initiatives (BS&I) legal team, responsible for providing legal guidance and thought leadership to the Wealth business. The BS&I legal team covers an excitingly wide range of work and often takes on the initiatives that don’t fall clearly within one of the other Wealth Legal product areas. The diverse work includes advising on general regulatory implementation, cross-product initiatives, business strategy projects, global legal services issues, data protection and digital transformation project work, and general projects.
This role requires a pragmatic, proactive attorney with a general grounding of U.S. financial services/private bank/wealth management regulation, combined with a solid conceptual and practical grounding in the laws and regulations for the geographies in which we operate.
As part of this role the attorney would be expected to input into strategic decisions, exercise sound legal judgment to develop proactive, risk‑appropriate, and commercially practical business‑oriented solutions.
Responsibilities
Provide legal counsel to the Wealth business, participate in strategic initiatives, and advise business management on legal matters impacting the business.
Collaborate across internal lines of business and control/support functions to achieve coordinated and efficient outcomes; coordinate closely with the Legal team on a regional and global basis, and with external counsel as necessary.
Work with legal counterparts and other stakeholders to develop best practices across teams and in connection with various initiatives (including transformation, technology, knowledge management, and digitization).
Participate in Wealth planning and development initiatives; contribute to business objectives by providing thought leadership using knowledge of industry, laws, and regulations.
Proactively identify, evaluate, and contribute to the appropriate management of legal, regulatory, and reputational risk by collaborating with Compliance & Risk, following relevant legal developments, participating in internal projects, and escalating as appropriate.
Manage day‑to‑day legal activities as a subject‑matter expert in an area of responsibility and provide advisory services to business partners.
Monitor the management of complex legal issues and transactions, escalating when necessary.
Appropriately assess risk when business decisions are made, demonstrate particular consideration for the firm's reputation and safeguard Citigroup, its clients and assets, drive compliance with applicable laws, rules and regulations, adhere to policy, apply sound ethical judgment regarding personal behavior and conduct, and supervise the activity of others while creating accountability for those who fail to maintain these standards.
Work closely with the Global Legal Service team to manage outside counsel budgeting and selection in alignment with Citi’s new law firm panel structure and other initiatives as needed.
Qualifications
4–6+ years of relevant industry experience, preferably in financial services.
Good knowledge of financial services and experience with private wealth management or investment advisory services for individuals.
A grounding in one or more of the following would be helpful:
SEC regulations, such as the Securities Act of 1933, Securities Exchange Act of 1934, Investment Company Act of 1940, and Investment Advisers Act of 1940.
FINRA rules applicable to SEC‑registered broker‑dealers.
Dodd–Frank, Volcker Rule.
Regulation Best Interest and fiduciary concepts applicable to retail clients in the wealth management industry.
Knowledge of international laws, regulations and practices while staying abreast of regulatory and legal environments, internal policies and industry trends that impact the business.
Experience with complex deals, demonstrated ability to analyze issues and develop legal solutions.Effective communication and negotiation skills and ability to build and maintain trusted relationships.
Excellent interpersonal, organizational and relationship management skills.
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.
Benefits
In 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, and 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.
Employment Information
Primary Location: Tampa, Florida, United States
Time Type: Full time
Full‑time Salary Range: $140,640.00 – $210,960.00
EEO Statement
Citi is an equal opportunity employer, and qualified candidates will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other characteristic protected by law.
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 Accessibility at Citi.
View Citi’s EEO Policy Statement and the Know Your Rights poster.
#J-18808-Ljbffr
This role requires a pragmatic, proactive attorney with a general grounding of U.S. financial services/private bank/wealth management regulation, combined with a solid conceptual and practical grounding in the laws and regulations for the geographies in which we operate.
As part of this role the attorney would be expected to input into strategic decisions, exercise sound legal judgment to develop proactive, risk‑appropriate, and commercially practical business‑oriented solutions.
Responsibilities
Provide legal counsel to the Wealth business, participate in strategic initiatives, and advise business management on legal matters impacting the business.
Collaborate across internal lines of business and control/support functions to achieve coordinated and efficient outcomes; coordinate closely with the Legal team on a regional and global basis, and with external counsel as necessary.
Work with legal counterparts and other stakeholders to develop best practices across teams and in connection with various initiatives (including transformation, technology, knowledge management, and digitization).
Participate in Wealth planning and development initiatives; contribute to business objectives by providing thought leadership using knowledge of industry, laws, and regulations.
Proactively identify, evaluate, and contribute to the appropriate management of legal, regulatory, and reputational risk by collaborating with Compliance & Risk, following relevant legal developments, participating in internal projects, and escalating as appropriate.
Manage day‑to‑day legal activities as a subject‑matter expert in an area of responsibility and provide advisory services to business partners.
Monitor the management of complex legal issues and transactions, escalating when necessary.
Appropriately assess risk when business decisions are made, demonstrate particular consideration for the firm's reputation and safeguard Citigroup, its clients and assets, drive compliance with applicable laws, rules and regulations, adhere to policy, apply sound ethical judgment regarding personal behavior and conduct, and supervise the activity of others while creating accountability for those who fail to maintain these standards.
Work closely with the Global Legal Service team to manage outside counsel budgeting and selection in alignment with Citi’s new law firm panel structure and other initiatives as needed.
Qualifications
4–6+ years of relevant industry experience, preferably in financial services.
Good knowledge of financial services and experience with private wealth management or investment advisory services for individuals.
A grounding in one or more of the following would be helpful:
SEC regulations, such as the Securities Act of 1933, Securities Exchange Act of 1934, Investment Company Act of 1940, and Investment Advisers Act of 1940.
FINRA rules applicable to SEC‑registered broker‑dealers.
Dodd–Frank, Volcker Rule.
Regulation Best Interest and fiduciary concepts applicable to retail clients in the wealth management industry.
Knowledge of international laws, regulations and practices while staying abreast of regulatory and legal environments, internal policies and industry trends that impact the business.
Experience with complex deals, demonstrated ability to analyze issues and develop legal solutions.Effective communication and negotiation skills and ability to build and maintain trusted relationships.
Excellent interpersonal, organizational and relationship management skills.
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.
Benefits
In 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, and 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.
Employment Information
Primary Location: Tampa, Florida, United States
Time Type: Full time
Full‑time Salary Range: $140,640.00 – $210,960.00
EEO Statement
Citi is an equal opportunity employer, and qualified candidates will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other characteristic protected by law.
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 Accessibility at Citi.
View Citi’s EEO Policy Statement and the Know Your Rights poster.
#J-18808-Ljbffr