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Citi · 3 days ago

Senior Lead Counsel - Director - Citi Retail Services (Hybrid)

Irving, TX

Contract

Hybrid

Senior Level, Lead/Staff

$170K/yr - $300K/yr

10+ years exp

Citi is a leading global bank, and they are seeking a Senior Lead Counsel II to provide legal counsel and thought leadership to their Retail Services business. This role involves supporting strategic initiatives related to private label and co-branded credit cards, ensuring compliance with relevant laws and regulations, and managing legal risks associated with the credit card industry.

BankingFinanceFinancial Services

H1B Sponsor Likely

Responsibilities

Legal counsel to the Citi Retail Services business, supporting strategic retail partner initiatives for private label and co-branded credit cards, providing subject matter expertise and interpretations of relevant laws, rules, regulations, and industry practices, and advising management on all manner of legal matters and risks impacting the business

Providing advisory services in respect of business decisions by applying institutional knowledge against credit card industry standards, widely accepted business practices, laws, rules, and regulatory guidelines, escalating where appropriate

Collaborating across internal lines of business and control/support functions to achieve coordinated and efficient outcomes on matters of common interest; coordinates closely with the other consumer Legal teams

Serving as business partner and advisor to business stakeholders and functional partners (e.g., Risk, Finance, Compliance) by participating in planning and development initiatives; contributing to business objectives by using knowledge of credit card industry, laws, and regulations

Actively participating in various risk reviews, governance and control forums while demonstrating keen awareness of issues that could cause financial, reputational, or legal consequences

Proactively identifying, evaluating and contributing to the appropriate management of legal, regulatory, and reputational risk through cross-function collaboration, following relevant legal developments, participating in internal projects, and escalating as appropriate

Managing day-to-day legal activities as a subject matter expert in area of responsibility and provide senior advisory services to business partners regarding retail partner credit card programs

Negotiating, coordinating, and monitoring management of complex legal issues and making key decisions within area of responsibility, escalating where necessary

Appropriately assessing 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, as well as effectively supervise the activity of others and create accountability with those who fail to maintain these standards

Qualification

Credit card industry expertiseFederalState consumer credit lawsNegotiating complex agreementsDigital lending experienceRegulatory body interactionRelationship managementSound judgementRisk managementLeadership skillsCommunication skills

Required

10+ years of relevant industry experience in financial services with extensive experience in the credit card industry

Excellent leadership, communication and relationship management skills

Proven ability to apply sound judgement while managing multiple assignments simultaneously in a demanding, fast-paced environment

Comprehensive knowledge of federal and state consumer credit laws affecting the credit card industry, including Truth-in-Lending Act, Equal Credit Opportunity Act, Fair Credit Reporting Act, Electronic Funds Transfer Act, Privacy laws and UDAAP

Extensive experience advising on credit card matters, including: credit card account origination and issuance; marketing materials and consumer disclosures and collateral; rewards programs; digital applications, interfaces and wallets; issue identification and remediation; credit bureau reporting; data security and privacy; fair lending; general credit card operations

Experience with negotiating and drafting complex credit card program related agreements and vendor contracts

Significant experience with digital lending and electronic commerce within the credit card industry

Bar license in good standing to practice law

Juris Doctorate or equivalent law degree

Preferred

Experience in working with regulators/regulatory bodies

Benefits

Medical, dental & vision coverage

401(k)

Life, accident, and disability insurance

Wellness programs

Paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays

Company

Citi

Glassdoor3.8

Citi's mission is to serve as a trusted partner to our clients by responsibly providing financial services that enable growth and economic progress.

Founded in 1812

San Antonio, Texas, USA

10001+ employees

https://www.citi.com

H1B Sponsorship

Citi has a track record of offering H1B sponsorships. Please note that this does not guarantee sponsorship for this specific role. Below presents additional info for your reference. (Data Powered by US Department of Labor)

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