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Job Description:

Senior Counsel - 19027284

Description

Job Purpose

The position offers a commercially-minded finance lawyer the opportunity to become part of the legal team supporting the structured products issuance and distribution activity of the Multi Asset Group (MAG) within the Markets & Securities Services division of Citis Institutional Client Group

The MAG structured products business is involved in the development and distribution of structured financial products (including notes, warrants and funds) for institutions, family offices, discretionary wealth managers, private banks and retail distributors The products are linked to a variety of asset classes, including equities, fixed income and commodities

The role involves providing transaction legal support for the MAG structured products business in EMEA, including the maintenance of structured debt issuance programmes, product issuance and distribution, and advising on legal and regulatory requirements

Job Background/context

The EMEA Legal division is a critical part of the Citi organisation and many of the processes within Citi It provides a wide range of services, support and advice to many business areas, including general advice, transaction negotiation, document drafting and execution, as well as oversight of regulatory developments and requirements

Key Responsibilities

The Legal team supporting the MAG structured products business works closely with the product desks in London and sales teams across Europe, acting as an important partner to provide advice and assistance at all stages of the product lifecycle, including assisting in the structuring of transactions, managing the execution process, drafting, reviewing and negotiating documentation of all types

Typical product features include

Private placements and public offers of structured debt securities across EMEA and certain other jurisdictions outside the United States;

Issuance of notes, certificates, warrants, preference shares and Islamic compliant securities;

Products linked to a number of different underlyings (including equities, commodities, fixed income and FX rates);
Products are issued from multiple debt issuance platforms (including Citi funding entities, SPV issuers and non-Citi third party issuers); and

Distribution of funds in the form of UCITS and AIFs

The team is responsible for managing and updating Citis structured debt issuance programmes, negotiating distribution agreements, advising the business on relevant legal and regulatory issues, platform development, website initiatives and marketing materials As the business operates on a global basis, the role will involve direct responsibility for transactions in EMEA and regular contact with colleagues in the US and Asia

The role involves maintaining an awareness of current and developing regulatory requirements applicable to Citis structured products activity, including the Prospectus Directive, PRIIPs, MiFID, EMIR, AIFMD and domestic laws and regulations, to the extent relevant to the supported business activity

The successful candidate will be expected to be involved in the management of Citis legal risk and to consider the appropriateness of products both for investors and for Citi in its capacity as arranger of such transactions Therefore, commercial awareness and good judgment are essential skills As part of the internal control architecture of the firm, the Legal function plays an important role in the approval process for all new and/or innovative structures as well as protecting the Citi franchise through good judgment and compliance with firm-wide policies

Development Value/Goals

The position offers the opportunity to provide legal support for a significant area of Citi business activity which requires a high degree of legal support and expertise

The position will involve extensive contact with product developers, traders, salespeople and front and back office functions

The position offers an opportunity to work on a wide range of structured products linked to a broad range of underlyings (including equities, commodities, fixed income and FX rates)

A technically challenging and highly rewarding role with the opportunity for continuous personal development and collaboration with colleagues across Citis global network

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Qualifications

Knowledge/Experience

General financial law and transaction experience, with an emphasis on capital markets and debt issuance

Experience in private practice and/or in-house of drafting, structuring and negotiating documentation for financial transactions and investments Experience involving debt issuance programmes preferred

Broad knowledge of financial services legal and regulatory issues

Skills

Excellent technical skills (including drafting skills), and analytical ability

Strong business judgement and commercial awareness

Adaptability

Numeracy skills are advantageous but not a pre-requisite

Qualifications

The successful candidate will be educated to degree standard and will have obtained an appropriate legal qualification In addition, the candidate should be well versed in capital markets law and regulation

Competencies

Ability to prioritise and adapt to meet commercial objectives in a dynamic business environment

Good communication skills (both written and oral)

Ability to work collaboratively with others (across different functions and locations) and to proactively take individual responsibility for projects

Planning and organisational skills

Analytical mind with problem solving skills

Attention to detail

Exceptional candidates who do not meet these criteria may be considered for the role provided they have the necessary skills and experience

Valuing Diversity

Demonstrates an appreciation of a diverse workforce Appreciates differences in style or perspective and uses differences to add value to decisions or actions and organisational success

Profile Summary:

Employment Type : Full Time
Eligibility : Any Graduate
Industry : Banking
Functional Area : Legal/Law
Role : Corporate
Salary : As per Industry Standards
Deadline : 12th Feb 2020

Key Skills:

Company Profile:

Company
Citibank Indiaarfix

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