Citi, the leading global bank, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. Citi provides 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. Our core activities are safeguarding assets, lending money, making payments and accessing the capital markets on behalf of our clients.
Citi’s Mission and Value Proposition explains what we do and Citi Leadership Standards explain how we do it. Our mission is to serve as a trusted partner to our clients by responsibly providing financial services that enable growth and economic progress. We strive to earn and maintain our clients’ and the public’s trust by constantly adhering to the highest ethical standards and making a positive impact on the communities we serve. Our Leadership Standards is a common set of skills and expected behaviors that illustrate how our employees should work every day to be successful and strengthens our ability to execute against our strategic priorities.
Diversity is a key business imperative and a source of strength at Citi. We serve clients from every walk of life, every background and every origin. Our goal is to have our workforce reflect this same diversity at all levels. Citi has made it a priority to foster a culture where the best people want to work, where individuals are promoted based on merit, where we value and demand respect for others and where opportunities to develop are widely available to all.
This position supports the firm’s global derivatives business by providing essential negotiation and contract administration support for the firm’s ISDA contracts and other OTC derivatives and clearing documentation. The Negotiator is responsible for all stages of the contract process from the initial drafting through execution. In a complex and high volume business negotiations need be conducted in a timely, thorough and efficient manner. The responsibilities will also include review of constitutional documentation an netting opinions, consistent follow up with internal business stakeholders and external customers, maintaining detailed records of negotiations in legal technology systems, along with a committed effort to stay apprised of new and changing regulatory and legal issues and industry initiatives. The function requires extensive interaction with the firm’s institutional clients and their internal/external counsel as well as coordination with the firm’s trading/sales, legal, credit and tax areas.
The ideal candidate will have a BA/BS, a JD, an active Bar license from the contiguous US and at least 5 years of experience reviewing, drafting, and negotiating industry trading agreements in a large institutional setting. Experience and familiarity with the ISDA or other OTC documentation preferred. A proven record of completing complex documentation within very tight time deadlines is essential. A strong grasp of the relevant legal and credit concepts is required as is experience with complex corporate structures including hedge funds, structures involving third party lenders, Special Purpose Vehicles, mutual funds and the like.
The individual must be detail and team-oriented with excellent interpersonal, written and oral communication skills as well as strong reading and analytical skills. The ability to exercise mature judgment and adhere to policy guidelines is necessary as well as a self-motivated character that is capable of working autonomously. Comprehensive proficiency in MS Word and Excel is also required.