Assistant General Counsel - SVP

This role is dedicated to the global Rates and Markets Treasury businesses with focus in North America and Latin America country clusters. It will primarily support the Rates corporate solutions business in providing bespoke/structured hedging solutions to corporates, but will also support other desks within Rates and some limited areas of Markets Treasury. 

This is an excellent opportunity for a lawyer experienced in, and keen to expand their knowledge of, a wide variety of products across both derivatives and cash. The successful candidate could either come from a general financing or derivatives background, and ultimately will be expected to demonstrate and be willing to develop their experience and understanding of loans, security, and the role of a hedge counterparty thereto, as well as other derivatives products used by the Rates business across both the linear and non-linear derivatives spectrum as well as potentially some products utilised in the structured Markets Treasury business. They will also need to understand and advise on regulations applicable to the business(es) at hand.

Knowledge/Experience:  

• At least 4 years’ NY legal post-qualification experience.
• A good understanding of financial products and how they work and interact (e.g. bonds, loans, derivatives, securities financing).
• Derivatives experience within any product group is essential, with knowledge of the derivatives industry body 2006 and 2021 Rates definitions strongly preferred.
• Technical elements of derivative documentation and products, including close-out provisions, optional and mandatory termination provisions and cash settlement calculations, non-linear derivatives particularly swaptions.
• Knowledge of Dodd-Frank, Volker, Investment Company Act, Commodity Exchange Act, US risk retention, bankruptcy and broker dealer regulation preferred.
• Experience with secured hedging structures (e.g., finance-linked hedging) will be preferred but not mandatory.
• Bar license in good standing to practice law

Skills/Competencies

Candidate must have:

• Ability to work independently, efficiently and under pressure.
• Excellent organization skills.
• Good diplomatic skills and ability to interact with personnel with different working cultures / levels / background.
• Good written and oral communication skills.
• Ability to present complex issues simply to senior management.
• Fluent in English (written and oral).
• Interest in technology, particularly AI and its application to the candidate’s role and wider department.
• Intellectual curiosity to learn about new products and new legal structures.

Education

Juris Doctorate or equivalent law degree

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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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We use automated processing, including artificial intelligence, for our legitimate business interests (or our reasonable and appropriate business purposes) to identify and align the candidate's skills and abilities with a specific job opening. Additionally, if you so choose, or consent, we can match your skills and abilities to other suitable roles at Citi.

Importantly, all our hiring processes and decisions, including determining your suitability for a role, are conducted, checked, and decided by individuals. Our automated processing and AI do not involve relying on automatic or autonomous decision-making. Please refer to any Jurisdictional Considerations, with specific provisions for your country (where relevant) for further details.

Illinois residents – AI Notice and Right

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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.

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View Citi’s EEO Policy Statement and the Know Your Rights poster.