Senior Regulatory Investigations Counsel

Location: New York

For additional information, please review .Citi Legal is seeking a mid-level attorney to join the Regulatory Investigations Legal team.  Regulatory Investigations Legal supports Citi’s Banking, Markets, Services and Wealth businesses including corporate and investment banking, the commercial bank, the private bank, liquidity management and payments, trade finance, securities services, as well as Citi’s broker-dealer and swap-dealer businesses.

Regulatory Investigations Legal provides legal advice on a broad range of regulatory and law enforcement inquiries and related investigations, sweeps, and enforcement proceedings, as well as litigation related to regulatory matters, initiated by federal and state regulators and agencies, criminal law enforcement authorities and other self-regulatory organizations including, for example, the U.S. Department of Justice (DOJ), the U.S. Securities and Exchange Commission (SEC), the U.S. Commodity Futures Trade Commission (CFTC), and the Financial Industry Regulatory Authority (FINRA).  

Regulatory Investigations Legal also handles internal investigations, particularly in connection with ethics complaints, whistle blower escalations, and potential violations of Citi’s internal policies and procedures.  Finally, Regulatory Investigations Legal provides pre-investigation and enforcement advice to business and control function stakeholders and other Citi Legal attorneys.  Regulatory Investigations Legal may also provide advice on remediation and control enhancements.

Attorneys in Regulatory Investigations Legal work closely with colleagues in Product Litigation – Banking, Markets, Services and Wealth, as well as lawyers from around the globe on cross-border and cross-affiliate regulatory enforcement matters and internal investigations that require international coordination.  The role requires collaborative work habits, acting in the interest of a common cause, and being a true team player.

This role requires a pragmatic, self-motivated attorney with an understanding of the legal issues arising in internal investigations and regulatory enforcement matters.  This role provides input into strategic decisions, exercising sound legal judgment to develop proactive, risk-appropriate, and commercially business-oriented solutions.  This role is not a manager.
** Responsibilities:
*** Provide legal advice to senior business and control function managers on a range of internal investigations, regulatory and law enforcement inquiries and related investigations, sweeps, and enforcement proceedings.
* Handle a range of regulatory inquiries, investigations, and enforcement matters initiated by a variety of federal and state regulators and agencies, criminal law enforcement authorities and other self-regulatory organizations with minimal oversight.
* Independently handle complex and sensitive internal investigations involving senior management, evaluate regulatory implications, and navigate potential disciplinary actions.
* Manage investigations and regulatory enforcement matters through preventative and proactive legal advice and identifying and mitigating risk.
* Identify and monitor management of complex issues arising in internal investigations and regulatory enforcement matters that impact Citi Legal or Citi’s Markets, Banking, Services and Wealth businesses and escalating issues, as necessary and appropriate.
* Retain and supervise external counsel, including managing external legal spend and maintaining budgets.
* As a subject matter expert, substantially influence the management of regulatory enforcement matters and internal investigations with primary accountability for end results.
* Participate in forums, committees, councils, and working groups covering strategy, risk and compliance management, legal entity governance, regulatory interactions, investigations management, franchise reputation and other complex or risk-related issues arising as part of job remit.
* Anticipate, evaluate, and appropriately respond to developments in local and international law and regulations related to investigations and regulatory enforcement matters that impact Citi’s Markets, Banking,…