The Transaction Management Specialist III is a non-attorney role, responsible for representing the Legal Function in providing Transaction Management advice and support to Citi's businesses and functions. The Transaction Management area is responsible for supporting the negotiation, transaction processes, documentation, and execution of business transactions (e.g., establishing a trading or banking relationship, entering transactions or services with Citi, documenting trading in securities between two or more parties).
This role requires a pragmatic, proactive professional with a thorough understanding of the business covered by the team and its products and services. This role also requires a thorough understanding of the contractual terms and legal implications of Citi's documentation. Excellent communication and diplomacy skills are required as this role also provides direction to Citi businesses in discussions on the various contractual provisions, including on the risks of modifying or amending such terms and provisions.
Responsibilities:
Reviews, drafts, and negotiates contracts and required documentation for the relevant Citi business
Conduct business negotiations in a timely, thorough, and efficient manner
Engages with the firm's institutional clients and their internal/external counsel and collaborates with Citi's first line, legal, second line, and other internal constituents during negotiations
Integrates in-depth knowledge of an area to address queries from Citi businesses and clients regarding the contractual documentation and escalates to senior attorneys as required
Actively initiates communication with unresponsive customers, maintaining detailed records of the negotiations
Stays abreast of new and changing regulatory and legal issues and industry initiatives and ensures compliance with regulatory requirements
Identifies opportunities for the development and implementation of projects relating to implementation of regulation, process improvements or development of new products and services
Advises the Risk function and business partners on risks and associated documentation requirements based on product and relevant jurisdiction(s) Appropriately assesses 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.
Qualifications:
3-5 years of relevant industry experience, preferably with some experience working in an in-house legal role within financial services
Contractual and documentation negotiation experience in a large institutional setting.
Proven record of completing complex documentation within very tight time deadlines
Ability to manage complex documentation with organization and detail
Must possess excellent interpersonal and project management skills, as well as the ability to interact and communicate effectively with Senior management
Proficient in Microsoft Office: Word, PowerPoint, Excel, Outlook
In-depth knowledge of legal customs and practices
Knowledge and understanding of the financial services industry
Education:
Bachelors/University degree, Master's degree preferred
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------------------------------------------------------
Job Family:
Legal Professionals------------------------------------------------------
Time Type:
Full time------------------------------------------------------
Primary Location:
Tampa Florida United States------------------------------------------------------
Primary Location Full Time Salary Range:
$69,050.00 - $96,350.00
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 18, 2024------------------------------------------------------
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 reviewAccessibility at Citi.
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