What are the responsibilities and job description for the Senior Contract Negotiator position at Citigroup Inc?
The Transaction Management Officer II is a senior level, non-attorney role, responsible for representing the Legal Function in providing Transaction Management expertise to Citi’s businesses and functions. The Transaction Management area is responsible for the negotiation, transaction processes, documentation, and execution of business transactions (e.g., establishing a trading or banking relationship, entering into 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 advises 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
Conducts business negotiations of high complexity in a timely, thorough, and efficient manner
Collaborates with the firm's institutional clients and their internal / external counsel as well as Citi’s first line, legal, second line and other internal constituents during negotiations
Acts as a subject matter expert to address queries from Citi businesses and clients regarding the contractual documentation and escalates to senior attorneys as required
Engages with unresponsive customers, maintaining detailed records of the negotiations
Develop and implement of projects relating to implementation of regulation, process improvements or development of new products and services
Stays abreast of new and changing regulatory and legal issues and industry initiatives and ensures compliance with regulatory requirements
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 :
6-10 years of relevant industry experience, preferably with some experience working in an in-house legal role within financial services
Transaction Management and / or 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
Experience with complex corporate structures including hedge funds, structures involving third party lenders, Special Purpose Vehicles, mutual funds and the like
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.
Job Family Group : Legal
Job Family : Legal Professionals
Time Type : Full time
Primary Location :
Tampa Florida United States
Primary Location Full Time Salary Range :
113,840.00 - $170,760.00
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 :
Nov 27, 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 review Accessibility at Citi () .
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Citi is an equal opportunity and affirmative action employer.
Minority / Female / Veteran / Individuals with Disabilities / Sexual Orientation / Gender Identity.
Salary : $113,840 - $170,760
