.Legal Lead Counsel 2 / VP C13 (Mexico City)CitiMXN 600,000 - 800,000The Senior Counsel is a senior level position responsible for providing legal counsel and support to the Treasury/Markets, Custody and Agency and Trust business units.
This position will reside in Mexico.The overall objective of this role is to provide legal support, advice, and guidance across a broad range of the aforesaid practice areas, with respect to the local laws and regulations for which the Country General Counsel Group Manager is responsible ensuring compliance with both U.S. and Mexico regulatory requirements as well as best practices.This role requires thorough understanding of the business needs and expectations, combined with a solid conceptual/practical grounding in the laws and regulations regarding derivative, repo, securities lending, investment transactions; foreign and local custody operations, agency and trust agreements and all sorts of debt and capital issuances programs.Provides input into strategic decisions, exercising sound legal judgement to develop proactive, risk-appropriate, and commercially practical business-oriented solutions.Responsibilities:In coordination with the Country Counsel team, provides legal advice and support to Country Business Management on legal, control function and regulatory matters associated with Citi's business activities and legal entities in the countries covered; ensures that Citi is appropriately addressing legal, regulatory, franchise and reputational risks in these countries.Supports strategic initiatives of the businesses and functions in countries covered by providing Citi Country Officers with guidance and interpretations of relevant laws, rules, regulations, and industry practices, and advising business management on legal matters impacting the business.Coordinates provision of internal and external legal support to Citi's local businesses in Mexico, working closely with the relevant Regional Product Counsel (or his or her designee) to ensure that Citi's legal needs are met in a cost-effective manner.Develops a broad understanding of Citi's businesses in Mexico and of the major legal and regulatory risks facing those businesses.Collaborates across internal lines of business, control/support functions and/or external counsel to achieve coordinated and efficient outcomes on matters of common interest, coordinates closely with Legal team members, as appropriate.Partners with Citi Country Officers and country management to support Citi's maintaining of good relations with local regulators and all other local regulatory bodies that are relevant to Citi business activities.Assures that key legal and regulatory developments that may impact or otherwise be relevant to Citi's businesses in the country, including those involving other financial institutions, are appropriately monitored and that country management is apprised of significant developments