What are the responsibilities and job description for the Legal Risk Reporting and Data Quality Officer position at Citi?
The Legal Support Officer is an intermediate level, non-attorney role, responsible for providing legal support to the Citi Legal team. This role requires a pragmatic, proactive professional with thorough understanding of the Citi Legal Team. The overall objective of this role is to provide support to the Legal Team.
Responsibilities:
- Responsible for legal support activities related to legal operations, litigation/discovery/settlements or negotiation and contract administration
- Manages the execution, review, processing and tracking of legal documentation, executes transactions and completes varied work requests from multiple sources that may be complex in character and have tight deadlines
- Executes legal programs and projects to achieve coordinated and efficient process improvements and legal support solutions; liaises with other control/functional businesses in support of initiatives
- Conducts independent research and analysis of matters, applying institutional knowledge and knowledge of laws, rules and regulations, to support in the identification of legal solutions situations or to formulate recommendations on approach or strategy
- Applies in-depth understanding of how associated risks differ depending on product and documentation envisaged in relevant jurisdiction(s) and provides advice to the Risk function and business partners accordingly
- Maintains detailed records and documentation while staying abreast of new and changing regulatory and legal issues and industry initiatives
- Interacts with senior leaders, internal and external peers to gather information and works closely with the team’s management to determine legal solutions
- Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding Citigroup, 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:
- 5-8 years of relevant industry experience, preferably with some experience working in an in-house legal role within financial services
- 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
Education:
- Bachelors/University degree, Master’s degree preferred
The Legal Support Officer role independently approves highly confidential and privileged legal settlement payments. Utilizes subject matter expertise to validate and submit legal operational loss events globally into the Citi Risk Loss Capture System that is used for Advanced Measurement Approach (AMA) Capital Model, Standardized Measurement Approach (SMA), and for the Comprehensive Capital Analysis and Review (CCAR).
- This role independently reviews data quality issues related to global legal operational losses to ensure known issues are properly remediated prior to the FR-Y14Q cycle is kicked off in the Citi Risk application and before the Reporting Attested Dataset (RAD) is closed.
- This role also supports the SOX documentation and the MCA framework (Manager Control Assessment) for legal information (reserves and settlements) that is considered highly confidential and critical to CCAR and manages risk by ensuring documentation is complete and guidelines for the department are updated.
This job description provides a high-level review of the types of work performed. Other job-related duties may be assigned as required.
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Job Family Group:
Legal------------------------------------------------------
Job Family:
Legal Professionals------------------------------------------------------
Time Type:
Full time------------------------------------------------------
Primary Location:
Tampa Florida United States------------------------------------------------------
Primary Location Full Time Salary Range:
$79,120.00 - $118,680.00
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.
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Anticipated Posting Close Date:
Sep 20, 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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Salary : $79,120 - $118,680
