What are the responsibilities and job description for the SENIOR LEAD COUNSEL I- Artificial Intelligence position at Citi?
This position is responsible for handling legal matters concerning artificial intelligence (AI), together with other emerging technologies and related intellectual property (IP) considerations. Reporting directly to the global head of the IP Law Department—where Citi’s AI legal activities are coordinated–it plays a crucial role in facilitating consistent legal coverage of AI-related initiatives firmwide, including use cases.
As a key legal advisor and subject matter expert, this role supports the head of the IP Law Department in providing legal guidance to various business units, functional partners, and department colleagues involved in the use of AI at Citi. The primary objective is to identify potential legal risks, develop effective strategies to mitigate them, and ensure that Citi’s use of AI is safe and does not violate any relevant laws and regulations, including the extensive body of existing non-AI specific laws.
To excel in this role, the candidate must have a comprehensive understanding and practical knowledge of laws and regulations across multiple legal disciplines such as emerging technologies, digital transformation, data, intellectual property, and artificial intelligence. Additionally, the candidate should demonstrate a strong commitment to continuous learning and staying up-to-date with legal and business developments in these fields.
In achieving its objectives, this role will collaborate internally with colleagues from legal, compliance, risk and controls departments, as well as functional and business partners. External collaboration with outside counsel may also be required.
Responsibilities:
- Support the Head of the IP Law Department to develop and implement legal strategies around Citi’s use of AI and related IP and emerging technologies, in alignment with business objectives.
- Collaborate closely with cross-functional teams, including compliance and risk departments, to evaluate and mitigate legal risks associated with AI initiatives, while ensuring adherence to regulatory requirements.
- Provide comprehensive legal advice and guidance to internal stakeholders, including technology and product teams, data scientists, and business partners, regarding the lawful and secure implementation of AI technologies.
- Keep abreast of and support regulatory engagements, legislative developments, and case law relevant to AI in all jurisdictions where Citi operates, continuously updating Citi's legal position on AI usage and effectively communicating any changes internally.
- Stay up-to-date with legal advancements in the field of AI and facilitate the dissemination of relevant updates to internal stakeholders, fostering awareness of potential legal implications and best practices.
- Support Citi’s legal procurement teams in creating sourcing and licensing templates and guidance, ensuring contractual compliance with Citi's AI risk-mitigation, data, and IP requirements.
- Collaborate with subject matter experts within the Cross Enterprise Legal team, including specialists in IP, privacy, and cybersecurity, as well as in-region legal counsels and product counsels across the organization, and Citi’s AI Center of Excellence, to ensure robust legal reviews of AI projects and use cases.
- Work closely with the IP Law Department's Patent counsel to develop strategies aimed at safeguarding and enforcing Citi's IP rights concerning AI and emerging technologies.
- Foster collaborative relationships with external legal counsel, regulatory bodies, and industry associations, remaining informed about evolving legal trends and actively supporting Citi's advocacy efforts in AI-related matters.
- Assist in the development and delivery of training programs to raise awareness of legal and compliance issues pertaining to IP, emerging technologies, and AI.
Qualifications:
- 7-10 years of relevant legal experience.
- Financial industry experience and strong understanding of its unique legal and regulatory landscape is preferred.
- Proven track record of successfully working in high-pressure, fast-paced environments, handling multiple complex and confidential matters while meeting deadlines.
- Strong interpersonal skills and ability to work effectively within teams.
- Proven ability to apply sound judgement while managing complex subject matters and issues.
- Excellent written, verbal, presentation, problem solving and analytical skills.
- Knowledge of multi-jurisdictional laws and practices.
- Candidate should be comfortable managing risks and controls for emerging technologies, including AI; should understand the importance of data to AI and Citi businesses; and should be familiar with issues arising from cross-border data transfers, PII limitations, outsourcing restrictions, banking regulations, cybersecurity, privacy, and open-source.
- License to practice law in good standing.
Education:
- Juris Doctorate or equivalent law degree.
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Job Family Group:
Legal-------------------------------------------------
Job Family:
Legal - Enterprise and Country------------------------------------------------------
Time Type:
Full time------------------------------------------------------
Primary Location:
New York New York United States------------------------------------------------------
Primary Location Salary Range:
$204,220.00 - $306,340.00------------------------------------------------------
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.
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Salary : $204,220 - $306,340