Lead Counsel 1/AVP - Negotiations - Tampa Florida

Company: Citigroup Inc.
Location: Tampa, Florida
Posted On: 01/18/2025

This position supports the firm's global derivatives business by providing essential negotiation and contract administration support for the firm's ISDA contracts and other OTC derivatives and clearing documentation. The Negotiator is responsible for managing all stages of the contract process from the initial drafting, internal escalations, platinum counterparty outreach through to execution. In a complex and high-volume business, negotiations need to be conducted in a timely, thorough, and efficient manner. This position is particularly focused on comprehensive negotiation coverage of ISDA contracts and other OTC derivatives and clearing documentation.The responsibilities will also include review of constitutional documentation and netting opinions, review and summarization of bespoke agreement provisions, offering reliable counsel and guidance to the firm's various internal stakeholders, consistent follow-up with internal business stakeholders and external customers, maintaining detailed records of negotiations in legal technology systems, along with a committed effort to stay apprised of new and changing regulatory and legal issues and industry initiatives. The function requires extensive interaction with the firm's institutional clients and their internal/external counsel as well as coordination with the firm's trading/sales, legal, credit, and tax areas. This role is responsible for coverage of ISDA contracts and other OTC derivatives and clearing documentation negotiations for the firm's global platinum clients.Responsibilities:

• Responsible for all stages of the contract process for the team from the initial draft through execution.
• Handles any internal/external escalations and escalates to senior manager when necessary.
• Acts as an advisor to internal partners including business, credit, and operations teams to ensure that those partners are adequately advised on the terms of agreements being negotiated and the impact of external counterparty's requested terms.
• Serves as a reliable partner to various internal operational and business teams in relation to the support of the firm's global platinum client relationships.
• Continuously stays informed of regulatory changes, new regulations, internal policy changes, and developments in the law.
• Appropriately assesses 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 supervising the activity of others and creating accountability with those who fail to maintain these standards.Qualifications:
  • 2-5 years of relevant industry experience, preferably in financial services.
  • Banking or financial industry experience, including laws related to banking regulations.
  • Knowledge of international laws, regulations, and practices related to derivatives trading documentation.
  • 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.Job Family Group: LegalJob Family: Legal - ProductTime Type: Full timePrimary Location: Tampa, Florida, United StatesPrimary Location Full Time Salary Range: $109,440.00 - $164,160.00In 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.Anticipated Posting Close Date: Jan 19, 2025Citi 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 .View the poster. View the .View the .View the .
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