Senior Lead Counsel l - C14- Mumbai-Hybrid

Posted:
10/7/2024, 5:00:00 PM

Location(s):
Maharashtra, India ⋅ Mumbai, Maharashtra, India

Experience Level(s):
Senior

Field(s):
Legal & Compliance

Whether you’re at the start of your career or looking to discover your next adventure, your story begins here.  At Citi, you’ll have the opportunity to expand your skills and make a difference at one of the world’s most global banks.  We’re fully committed to supporting your growth and development from the start with extensive on-the-job training and exposure to senior leaders, as well as more traditional learning.  You’ll also have the chance to give back and make a positive impact where we live and work through volunteerism.

Shape your Career with Citi

Citi’s Global Legal Affairs and Compliance (GLAC) empowers and protects Citi by providing legal, compliance, investigative, and security services to our firm.  We manage compliance risk, provide legal analysis and advice, protect Citi’s people and businesses, advocate for legal and regulatory outcomes that benefit our firm and our clients, and ultimately promote behavior that is consistent with Citi’s mission and culture.

The Senior Lead Counsel 1 is a senior level position responsible for providing Citi businesses and functions with legal counsel and thought leadership on all matters related to Operations and Technology, with a focus on the vendor procurement and commercial transactions space. The overall objective of this role is to provide commercial legal support, advice, and guidance across a broad range of practice areas and businesses in the bank.

We’re currently looking for a high caliber professional to join our team as Senior Lead Counsel l - C14- Mumbai-Hybrid (Internal Job Title: Senior Vice President- C14) based in Mumbai. Being part of our team means that we’ll provide you with the resources to meet your unique needs, empower you to make healthy decision and manage your financial well-being to help plan for your future.  For instance:

  • 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.
  • We empower our employees to manage their financial well-being and help them plan for the future.
  • We have a variety of programs that help employees balance their work and life, including generous paid time off packages

This role requires a pragmatic, proactive lawyer with a thorough understanding of Citi’s Operations and Technology business, and in particular of vendor procurement and commercial transactions, combined with a solid conceptual / practical grounding in the laws and regulations of the geographies in which we operate throughout Asia.  He/She will need to provide input into strategic decisions, and exercise sound legal judgement to develop proactive, risk-appropriate, and commercially business-oriented solutions.

In this role, you’re expected to:

  • Responsible for providing Citi businesses and functions with legal counsel on all matters pertaining to operations and technology; supporting strategic initiatives and product/service launches, providing subject matter expertise and interpretations of relevant laws, rules, regulations, and industry practices, and advising business management/leadership on all types of legal matters related to Citi’s Operations and Technology business, in particular vendor procurement and commercial transactions.
  • Objectively evaluate Operations and Technology business decisions by applying institutional knowledge against industry standard, widely accepted business practices, laws, rules, and regulatory guidelines, escalating as appropriate.
  • Collaborate across internal lines of business and control/support functions to achieve coordinated and efficient outcomes on matters related to Citi’s Operations and Technology business; coordinate closely with legal peers aligned to associated businesses.
  • Participate in planning and development initiatives; contribute to 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 other control functions like Compliance and Risk, following relevant legal developments, participating in internal projects, and performing other related tasks.
  • Manage day-to-day legal activities such as providing commercial legal support, in particular reviewing and advising on a wide range of general commercial contracts (for e.g. MSAs, service agreements, hosting services agreements, licensing agreements, SOWs, Work Orders, NDAs etc), as a subject matter expert in area of responsibility and provide legal advisory services to business partners or internal stakeholders.
  • Monitor management of complex legal issues, escalating when necessary.
  • Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding Citigroup, its clients and assets, by driving compliance with applicable laws, rules and regulations, adhering to Policy, applying sound ethical judgment regarding personal behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency, as well as effectively supervise the activity of others and create accountability with those who fail to maintain these standards.

As a successful candidate, you’d ideally have the following skills and exposure:

  • A skilled commercial lawyer and negotiator who can actively work with a wide range of teams and functions in helping them to achieve pragmatic, commercial solutions to a wide range of challenges, while also identifying and addressing key risks given the need to comply with many and often potentially conflicting legal, regulatory and internal policy requirements.
  • Ability to work independently and with initiative on complex transactions, with a focus on applicable Asia Pac legal and regulatory requirements.
  • An enthusiastic team player who can actively work with colleagues in different countries or regions while managing a diverse and significant range of transactional work
  • 15+ years PQE, preferably in practice or in-house at a global or regional bank / financial institution or Information Technology company.
  • Substantial experience with general commercial/contractual/transactional work essential.
  • Knowledge and understanding of relevant laws, regulations (including but not limited to Outsourcing, Data Privacy, Banking Secrecy, Operational Resilience, Technology Risk Management, Cybersecurity) and practices as well as industry trends that impact the Operations and Technology business of a financial institution essential.
  • Regional (Asia), multi-jurisdictional experience or cross border experience preferred.
  • 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 leadership, interpersonal, organizational and relationship management skills
  • Strong time and project management skills - ability to prioritize and manage multiple tasks effectively.
  • Team player and with positive attitude.
  • Proven ability to apply sound judgement while managing assignments in a demanding, fast-paced environment.
  • Bar license in good standing to practice law.

Education:

  •  LL.B. (Bachelor of Law) or equivalent

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Job Family Group:

Legal

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Job Family:

Legal - Enterprise

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Time Type:

Full time

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Qualified applicants will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

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