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 marketing and advertising credit cards. The overall objective of this role is to provide legal support, advice, and guidance across a broad range of practice areas in coordination with the Legal team.
This role requires a pragmatic, proactive attorney with thorough understanding of credit card marketing and advertising, combined with a solid conceptual / practical grounding in the laws and regulations for the geographies in which we operate. Provides input into strategic decisions, exercising sound legal judgement to develop proactive, risk-appropriate, and commercially business-oriented solutions.
Responsibilities: Responsible for providing Citi businesses and functions with legal counsel; 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 manners of legal matters related to credit card advertising, including Reg Z, UDAAP, CAN-SPAM, TCPA, and ECOA.Objectively evaluate credit card 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 credit card marketing and advertising; 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 ICRM & Risk, following relevant legal developments, participating in internal projects, and performing other related tasks.Manage day-to-day legal activities as a subject matter expert in area of responsibility and provide advisory services to business partners.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.Qualifications: 7+ years of relevant industry experience, preferably in financial services.Banking or financial industry experience, including laws related to banking regulations.Comprehensive knowledge of international laws, regulations and practices while staying abreast of regulatory and legal environment, internal policies and industry trends that impact the business.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.Proven ability to apply sound judgement while managing assignments in a demanding, fast-paced environment.Bar license in good standing to practice law.Education: Juris Doctorate or equivalent law degree.Job Family Group: Legal
Job Family: Legal - Enterprise
Time Type: Full time
Primary Location: Wilmington Delaware United States
Primary Location Full Time Salary Range: $186,640.00 - $279,960.00
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.
Anticipated Posting Close Date: Dec 23, 2024
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