Counselor of Global Legal Affairs

3 weeks ago

Singapore Citi Full time
Job Summary

The Counselor of Global Legal Affairs is a senior level position responsible for providing legal guidance and thought leadership to the business. The overall objective of this role is to provide legal support, advice, and guidance to the business.

This role requires a pragmatic, proactive attorney with thorough understanding of the Business, combined with a solid conceptual / practical grounding in the laws and regulations for the geographies in which we operate. Provides input into strategic decisions, exercising sound legal judgement to develop proactive, risk-appropriate, and commercially practical business-oriented solutions.

Main Responsibilities:
  • Partnering with Cross Enterprise Legal and/or Wealth lawyers and business teams to implement regulation, working with Legal product teams and industry working groups to advocate for regulatory change;
  • Serving as a key liaison between BS&I, Global Legal Services, Regulatory Advisory Legal and their respective businesses in connection with various initiatives;
  • Leading on non-regulatory implementation projects, particularly cross-product projects, including the application of financial, ESG, consumer protection, data protection, and digital related regulations;
  • Reviewing the regulatory pipelines with Regulatory Advisory Legal and/or Wealth lawyers and Business teams, including how upcoming regulation applies to Wealth;
  • Implementing new data protection legislation (with extra-territorial impact) and also in relation to changes to existing legislation (such as GDPR);
  • Reviewing all new business initiatives, digital and otherwise (such as data sharing of Wealth client data outside of Wealth, use of Whatsapp or WeChat, new process flows for account opening, prospecting and marketing initiatives);
  • Coordinating Wealth Legal's collaboration and approvals for New Activity Committee and Project Delivery Review/Project Final Engagement meetings, including liaising with business teams and project managers to understand sticking points and escalations, and ultimately what is needed from Legal to get a business project over the line;
  • Reviewing and advising on licensing requirements and updates in Wealth sales offices and booking centres, including regulator engagement and licensing;
  • Review of the implementation of regulation, considering recent enforcements, regulator and industry body guidance, and providing advice on remediating internal policies and processes;
  • Advising the business on the implementation of third-party software/technology provider contracts for Wealth, alongside technology lawyers;
  • Considering third party legal tools, for example considering law firm cross border advice solutions, and working with lawyers and the business to assess feasibility and operational issues to using these tools;
  • Coordinating with Litigation legal team to handle litigation matters and certain regulatory responses;
  • Working with internal IT, business risk, compliance, information security and the business change team to implement digital and regulatory changes;
  • Advising on the validity and enforceability of digital signatures in various jurisdictions;
  • Updating Wealth privacy notices, cookies policies and similar technology and privacy related client documents across multiple jurisdictions; and
  • Working with marketing on new digital initiatives including advising on the global social media policies, marketing and financial promotion procedures.
Key Benefits:
  • A competitive salary of $200,000 per year;
  • Opportunities for professional growth and development;
  • A dynamic and collaborative work environment;
  • A comprehensive benefits package, including health insurance, retirement savings plan, and paid time off;
  • The chance to work with a diverse group of talented professionals;
  • The opportunity to make a meaningful contribution to the company's success.
About Us:
Citi is an equal opportunity employer. We are committed to diversity and inclusion in the workplace. If you are a person with a disability and need a reasonable accommodation to apply for this job, please contact us at Accessibility at Citi.

We are an affirmative action employer and welcome applications from qualified candidates of all backgrounds. All 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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