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Country Counsel IV at Citigroup

Citigroup

Full-Time

Not defined

08 Dec → 07 Jan

Expired

Job Description

This senior legal counsel is the primary coverage for the Securities Services and Loans businesses of Citibank (China) Co., Ltd., and the overall objective of this role is to provide to our business legal support and advice across a broad range of practice areas.

Responsibilities:

For Securities Services (SS)
• support all aspects of the SS business that comprises multiple related business lines for different types of clients.
• participate in strategic planning and development and contribute to business objectives by using knowledge of industry, laws and regulations.
• partner with business/functional line management in recommending, developing and executing business initiatives within permissible statutory and regulatory frameworks, including but not limited to those relating to funds services, solutions services, CIBM, QFI, transfer agency/fund administration and QDII related services.
• develop agreement templates, assist in developing internal applicable procedures, and review and update the same from time to the time in accordance with market and regulatory developments.
• provide legal advice for the custody business for different clients, review prospectus/issuance documents of different types of funds and provide the needed legal advice and documentation.
• responsible for drafting, negotiating and reviewing the documentation related to SS services.

For Loans
• provide legal advice for all loan related products and prepare the needed templates for usage.
• review and negotiate documentation in the whole loan transactions, including confidentiality agreements, legal opinions, commitment documents, credit and security agreements.
• gain familiarity with and implement Citis policies and procedures, template documentation and internal knowhow, and complete Citis loans checklist and classification review checklists in line with policy.
• update loan/facility, guarantee and other related legal templates from time to ti in accordance with developments in the applicable laws and regulations.
• provide and negotiate loan and related legal documents with multinational and commercial bank clients.
• provide PRC legal advice on cross border financing, guarantee/security and other legal related issues in cross border transactions.

Others
• collaborate with teams in the country, region and global on the covered business initiatives and transactions (both onshore and cross-border ones) as well as relevant legal matters where appropriate.
• liaise and work together with external law firms on legal issues and projects, and control quality of services provided by the external law firms and manage the related costs.
• organize and provide legal training to the staff when needed, so as to better manage legal risks and improve the legal knowledge awareness.
• monitor (& analyze) developments in laws and regulations, precedent cases and market practices relating to the covered businesses, and update and develop knowhow and track important legal and documentation trends.
• identify legal risks and opportunities presented by transactions and market developments ensuring that Citis policy, legal and regulatory standards are maintained.
• other responsibilities that the legal function may need to assume from time to time.
• appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding the firm, 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:
• Fluency in Mandarin and English are essential (written & spoken) and with PRC Legal Profession Qualification.
• Comprehensive knowledge of Chinese laws and practices and thorough understanding of the SS and Loan industries in China.
• The ability to interact with different lines of defense and strong ability to communicate clearly and concisely to colleagues.
• Experience in coordination of interactions with legal teammates and product management.
• Proven analytical and organizational skills.
• Independent, energetic and customer-focused individual with good team spirit and excellent interpersonal skills.
• Willing to work under pressure, enjoys having a diverse coverage and the challenge of providing practical & commercial legal solutions.
• Ability to identify and escalate issues in a timely and appropriate way.
• Previous solid legal experience with a financial services and/or reputable law firm (involving SS and loan related businesses) of about 10 years will be advantageous for this position.

Education:
• Bachelor's degree or above (preferably in Law with a focus on English) from the premier universities
This job description provides a high-level review of the types of work performed. Other job-related duties may be assigned as required.

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Job Family Group:
Legal

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Job Family:
Legal Management

Time Type:
Full time

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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 ) .

View the "EEO is the Law ) " poster. View the EEO is the Law Supplement \_EEO\_Supplement\_Final\_JRF\_QA\) .

View the EEO Policy Statement \_aa\) .

View the Pay Transparency Posting \_%20English\)

Citi is an equal opportunity and affirmative action employer.

Minority/Female/Veteran/Individuals with Disabilities/Sexual Orientation/Gender Identity.

Job Responsibilities

  • support all aspects of the SS business that comprises multiple related business lines for different types of clients
  • participate in strategic planning and development and contribute to business objectives by using knowledge of industry, laws and regulations
  • partner with business/functional line management in recommending, developing and executing business initiatives within permissible statutory and regulatory frameworks, including but not limited to those relating to funds services, solutions services, CIBM, QFI, transfer agency/fund administration and QDII related services
  • develop agreement templates, assist in developing internal applicable procedures, and review and update the same from time to the time in accordance with market and regulatory developments
  • provide legal advice for the custody business for different clients, review prospectus/issuance documents of different types of funds and provide the needed legal advice and documentation
  • responsible for drafting, negotiating and reviewing the documentation related to SS services
  • provide legal advice for all loan related products and prepare the needed templates for usage
  • review and negotiate documentation in the whole loan transactions, including confidentiality agreements, legal opinions, commitment documents, credit and security agreements
  • gain familiarity with and implement Citis policies and procedures, template documentation and internal knowhow, and complete Citis loans checklist and classification review checklists in line with policy
  • update loan/facility, guarantee and other related legal templates from time to ti in accordance with developments in the applicable laws and regulations
  • provide and negotiate loan and related legal documents with multinational and commercial bank clients
  • provide PRC legal advice on cross border financing, guarantee/security and other legal related issues in cross border transactions
  • collaborate with teams in the country, region and global on the covered business initiatives and transactions (both onshore and cross-border ones) as well as relevant legal matters where appropriate
  • liaise and work together with external law firms on legal issues and projects, and control quality of services provided by the external law firms and manage the related costs
  • organize and provide legal training to the staff when needed, so as to better manage legal risks and improve the legal knowledge awareness
  • monitor (& analyze) developments in laws and regulations, precedent cases and market practices relating to the covered businesses, and update and develop knowhow and track important legal and documentation trends
  • identify legal risks and opportunities presented by transactions and market developments ensuring that Citis policy, legal and regulatory standards are maintained
  • other responsibilities that the legal function may need to assume from time to time
  • appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding the firm, 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

Requirements / Qualifications

  • Fluency in Mandarin and English are essential (written & spoken) and with PRC Legal Profession Qualification

  • Comprehensive knowledge of Chinese laws and practices and thorough understanding of the SS and Loan industries in China

  • The ability to interact with different lines of defense and strong ability to communicate clearly and concisely to colleagues

  • Experience in coordination of interactions with legal teammates and product management

  • Proven analytical and organizational skills

  • Independent, energetic and customer-focused individual with good team spirit and excellent interpersonal skills

  • Willing to work under pressure, enjoys having a diverse coverage and the challenge of providing practical & commercial legal solutions

  • Ability to identify and escalate issues in a timely and appropriate way

  • Previous solid legal experience with a financial services and/or reputable law firm (involving SS and loan related businesses) of about 10 years will be advantageous for this position

  • Bachelor's degree or above (preferably in Law with a focus on English) from the premier universities

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