Legal Officer – Fixed Term Contract

Location UK / Ulster

Job Type Fixed term contract

Salary Not disclosed

Updated 5 days ago

Reference 1416816

 Job Description

A temporary fixed term opportunity has arisen in the Belfast Markets Legal Department to support certain key businesses within Citi’s Institutional Client Group.


Job Purpose:

 

A temporary fixed term opportunity has arisen in the Belfast Markets Legal Department to support certain key businesses within Citi’s Institutional Client Group. This role will involve working closely with Citi’s external clients as well as Sales, EMEA and Global Product Heads and Citi Product Legal Counsel in negotiating, reviewing and analysing legal documentation for the key businesses in which we support.  

 

The role includes drafting and negotiation for a variety of trading agreements, such as ISDA Master Agreements, Credit Support Annexes, Account Control Agreements, Termination Agreements, Cleared Swap Documentation, FX/PB Agreements including Give-up Agreements across a wide range of counterparty types, and in compliance with Citi’s policies and procedures. The candidate must also participate in the implementation of key processes and controls when documenting new clients, addressing governance / control issues when they arise and escalating where appropriate.

 

Job Background/context:

 

Citi’s Legal Department in Belfast is a team of approximately 110 staff, covering a range of products and services across Citi’s Europe Middle East and Africa region (known as “EMEA”).  
  

The Belfast Legal Department provides a range of services, support and advice to many business areas with a particular focus on Citi’s Institutional Client Group; incorporating transaction negotiation, master agreement negotiation, and oversight of compliance and regulatory requirements.

 

Key Responsibilities:

  • Negotiating/reviewing legal agreements with internal/external customers to reach agreement on the contents of the Bank’s legal documentation, through telephonic or electronic negotiation.
  • Close liaison with internal businesses/London Product 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. 
  • Work closely with Sales and Relationship Managers and Product heads to manage customer expectations and ensure documentation is in place ahead of regulatory or business deadlines, where required.
  • 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, Termination Agreements, Cleared Swap Documentation, FX/PB Agreements including Give-up Agreements and incorporate into EMEA specific documentation, accounting for the necessary regulatory and/or jurisdictional changes where required.
  • Ensure Citi’s internal and regulatory policies are maintained, and where deviations are necessary, ensuring appropriate risk and / or business approvals are obtained.
  • Understand impact of applicable regulations on the documentation and associated business area and ensure that agreements meet with such regulatory requirements.   

 

Development Value:

  • Graduate /entry level opportunity
  • Opportunity to develop legal drafting and negotiation skills and understanding of group structures.
  • Opportunity to develop an understanding of OTC derivatives documentation.
  • Strong international focus
  • Comprehensive training on Citi’s businesses and policies will be provided.

 

Knowledge/Experience:

  

  • Experience of working in a legal/financial service organisation is advantageous but not essential.
  • Experience of conducting legal research is advantageous but not essential.

 

Skills:

 

  • Excellent interpersonal communication skills.
  • Working knowledge of PC operating systems.
  • Ability to communicate effectively (written  and  verbal) at all organisational levels with internal business partners and external customers.
  • Ability to effectively project manage and organise own workload meeting key milestones
  • Strong attention to detail and high levels of accuracy.
  • True self-starter
  • Ability to provide continuous feedback and to regularly follow up on all outstanding issues.
  • The workload is high volume and will require the candidate to work quickly and efficiently. 

 

 

Qualifications:

  • The successful candidate must have a high quality academic record including a degree qualification in the relevant discipline of law or business studies. 

 

Competencies:

 

  • Exceptional communication and negotiation skills
  • Proactive  and  show initiative
  • Confidence
  • Customer service orientation
  • Team-working
  • Effective planning  and  organisation
  • Attention to detail  and  accuracy

 

 

Exceptional candidates who do not meet these criteria may be considered for the role provided they have the necessary skills and experience.

 

 

 

Valuing Diversity:

 

Demonstrates an appreciation of a diverse workforce. Appreciates differences in style or perspective and uses differences to add value to decisions or actions and organisational success.

 

 

Citi is an Equal Opportunities Employer