Legal Negotiator - Belfast, United Kingdom - Citi

Citi

Verified Company

Belfast, United Kingdom

2 weeks ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

Overview of Citi
Citi is a world-leading global bank. We have approximately 200 million customer accounts and a presence in more than 160 countries and jurisdictions worldwide.

We provide consumers, corporations, governments, and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth management.

We enable clients to achieve their strategic financial objectives by providing them with cutting-edge ideas, best-in-class products and solutions, and unparalleled access to capital and liquidity.

Citi Belfast is one of the largest employers in Northern Ireland with a diverse and talented team of over 3000 people from over 40 different nationalities across our four Belfast offices.

We are the only global investment bank operating in Northern Ireland.

Every day, our local experts interact with global teams in over 100 countries developing and supporting next-generation technology solutions for the enterprise and delivering critical services to the bank and its customers, to make sure we are a stronger and safer organization for our clients.

You will have a truly global reach, which will provide you with new experiences and development opportunities right here in Belfast's iconic Titanic Quarter.

Role / Position Overview

An opportunity has arisen in the Belfast Markets Legal Department for a prominent negotiator role supporting certain businesses within Citi's Institutional Client Group.

This role will involve working closely with Citi's external clients as well as the Sales, EMEA and Global Product Heads for the respective business line and Citi Product Legal Counsel in negotiating, reviewing and analysing legal documentation and drafting, negotiating, co-ordinating, implementing and execution of a variety of Master Trading Documentation including, but not limited to, ISDA Master Agreements, Credit Support Annexes, GMRA, GMSLA, amendments and various ancillary documentation (e.g. guarantees and NDAs) across a wide range of counterparty types, and in compliance with Citi's policies and procedures.

The position will require an awareness of the impact of core regulation on the derivatives markets and underlying documentation. The successful individual will work closely with the team on reviewing/negotiating a broad range of standard legal agreements.

Key Responsibilities:

Negotiating/reviewing legal agreements with internal/external customers to reach agreement on the contents of the Bank's legal documentation.
Close liaison with internal businesses/London Legal in connection with the negotiation of legal agreements in the relevant business area. Convey strong commercial awareness and understanding of the desk's priorities by ensuring prioritisation of file load is aligned with overall desk goals.
Understand and learn the documentation requirements for different products.
Interpret key commercial concepts from an array of trading agreements (including ISDA Master Agreements, Credit Support Annexes, GMRA, GMSLA, Termination Agreements), accounting for the necessary regulatory and/or jurisdictional changes where required.
Understand how associated risks differ depending on product and documentation envisaged in relevant jurisdiction(s).
Ensure Citi's internal and regulatory policies are maintained, and where deviations are necessary, ensuring appropriate legal, risk and / or business approvals are obtained.
Understand impact of applicable regulations on the business area and ensure that agreements meet with such regulatory requirements.

Qualifications

Relevant experience
Experience working in corporate legal department, law firm, financial services, consulting, technology firm or related industry
Must have effective organizational skills, attention to detail, exceptional verbal communication and listening skills
Knowledge of legal customs and practices
Project management skills
Knowledge and understanding of the financial services industry

Education

Bachelors/University degree or equivalent experience

What we Offer
We work hard to have a positive financial and social impact on the communities we serve.

In turn, we put our employees first and provide the best-in-class benefits they need to be well, live well and save well.

We'll provide you with the resources to meet your unique needs, empower you to make healthy decisions, and allow you to choose which benefits suit you and your personal life best.

Visit our Global Benefits page to learn more.

Highlights to our core benefits include:

Award winning pension
Onsite health services
Private medical insurance packages to suit your personal circumstances
Paid parental leave
Generous holiday allowance starting at 27 Days plus bank holidays; increasing with tenure

Citi Belfast also champions diversity within our workforce, which helps us be well