Legal Senior Group Manager/Director - Commodities Legal

Posted:
12/13/2024, 10:00:50 AM

Location(s):
Houston, Texas, United States ⋅ Texas, United States

Experience Level(s):
Expert or higher ⋅ Senior

Field(s):
Legal & Compliance

This is a senior management-level position responsible for managing Citi’s Commodities Legal Team in Houston and serving as General Counsel for Citigroup Energy Inc.  This role accomplishes results through directing day-to-day legal activities and management of a team of lawyers and legal officers as part of Citi’s Markets Legal Function.   This role is responsible for advising Citi’s Commodities Business and key internal stakeholders on the legal and regulatory risks associated with the full spectrum of Citi’s physical and financial activity across all traded commodities.

The overall objective of this role is to provide legal analysis, advice, guidance and decision making within specific areas of expertise related to Citi’s Commodities Business in North America and in partnership with Legal colleagues globally.

Responsibilities:

  • Oversee legal activities for the Commodities business and serve as General Counsel of Citigroup Energy Inc., the primary legal vehicle for Citi’s North American Commodities Business.
  • Management of a team of 7 lawyers and legal officers based in Houston and New York.
  • Regulatory responsibilities, including direct interaction with FERC and CFTC, resulting from physical and financial commodities trading activities, including trading in energy, metals and agricultural products.
  • Participate in strategic planning and development of the Commodities Business and contribute to business objectives by utilizing knowledge of industry, laws and regulations.
  • Advise on and manage financial hedging transactions, security structures as well as commodity monetization and intermediation structures.
  • Partner with business/functional line management in recommending, developing and executing business initiatives within permissible statutory and regulatory frameworks.
  • Manage day-to-day legal activities in close coordination with the Global Legal Commodities team in London and Singapore
  • Serve as a subject matter expert in areas of responsibility and provide senior advisory services to business partners.
  • Negotiate, coordinate and monitor management of complex legal issues and make key decisions within areas of responsibility.
  • Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding Citi, 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.

Qualifications:

  • Bar license in good standing to practice law
  • 10-15+ years of experience
  • In depth commodity industry across a variety of products and market and commodity-focused derivatives experience
  • Comprehensive knowledge of laws and practices; knowledge of trading documentation
  • Proven leadership, interpersonal and organizational skills
  • Excellent written, verbal, presentation, problem solving and analytical skills

Education:

  • Juris Doctorate or equivalent law degree

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Job Family Group:

Legal

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Job Family:

Legal - Product

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Time Type:

Full time

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Primary Location:

Houston Texas United States

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Primary Location Full Time Salary Range:

$170,000.00 - $300,000.00


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 & 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. For additional information regarding Citi employee benefits, please visit citibenefits.com. Available offerings may vary by jurisdiction, job level, and date of hire.

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Anticipated Posting Close Date:

Dec 20, 2024

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Citi is an equal opportunity and affirmative action employer.

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.

Citigroup Inc. and its subsidiaries ("Citi”) invite all qualified interested applicants to apply for career opportunities. 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.

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