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Legal Counsel - Assistant Vice President

Citigroup

Legal Counsel - Assistant Vice President

Citigroup

DAR ES SALAAM, Tanzania

·

On-site

·

Full-time

·

1mo ago

The Legal Counsel is an intermediate level position responsible for providing legal counsel and support to Citibank Tanzania Limited. The overall objective of this role is to provide legal support, advice, and guidance across a broad range of practice areas, with respect to the local laws and regulations of Tanzania, reporting to the Country General Counsel.

This role is responsible for providing guidance, support, and legal advice on Citi's businesses and functions in Tanzania. This role requires thorough understanding of the business needs and expectations, combined with a solid conceptual / practical grounding in the laws and regulations of the geographies in which we operate. Provides input into strategic, exercising sound legal judgement to develop proactive, risk-appropriate, and commercially practical business-oriented solution.

Responsibilities

  • In coordination with the Country Counsel, provides legal advice and support to Country Business Management on legal, control function and regulatory matters associated with Citi’s business activities and legal entities in the countries covered; ensures that Citi is appropriately addressing legal, regulatory, franchise and reputational risks in these countries.
  • Supports strategic initiatives of the businesses and functions in countries covered by providing Citi Country Officer with guidance and interpretations of relevant laws, rules, regulations, and industry practices, and advising business management on legal matters impacting the business.
  • Coordinates provision of internal and external legal support to Citi’s local businesses in Tanzania, working closely with the relevant Regional Product Counsel (or his or her designee) to ensure that Citi’s legal needs are met in a cost-effective manner.
  • Develops a broad understanding of Citi’s businesses in Tanzania and of the major legal and regulatory risks facing those businesses.
  • Collaborates across internal lines of business, control/support functions and/or external counsel to achieve coordinated and efficient outcomes on matters of common interest, coordinates closely with Legal team members, as appropriate.
  • Partners with Citi Country Officer and country management to support Citi’s maintaining of good relations with local regulators and all other local regulatory bodies that are relevant to Citi business activities.
  • Supports efforts to ensure key legal and regulatory developments that may impact or otherwise be relevant to Citi’s businesses in Tanzania, including those involving other financial institutions, are appropriately monitored and that country management is apprised of significant developments.
  • Participates in any relevant country-level governance committees as assigned, e.g., coordinating committee, business risk & controls committee, legal & compliance committee, legal vehicle management committee; act as lawyer providing support to the country in any matter.
  • Manages day-to-day legal activities as a subject matter expert in area of responsibility and provide senior advisory services to business partners.
  • 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 behaviour, 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.
  • Supports the Country General Counsel on company secretary matters as assigned

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About Citigroup

Citigroup

Citigroup

Public

Citigroup Inc. or Citi is an American multinational investment bank and financial services company based in New York City. The company was formed in 1998 by the merger of Citicorp, the bank holding company for Citibank, and Travelers; Travelers was spun off from the company in 2002.

10,001+

Employees

New York City

Headquarters

Reviews

3.3

4 reviews

Work Life Balance

3.0

Compensation

3.2

Culture

2.8

Career

2.5

Management

2.7

35%

Recommend to a Friend

Pros

Compensation increases for investment banking roles

Legitimate investment banking employer

Internship opportunities available

Cons

Unclear career progression paths

Limited meaningful experience in internships

Compensation raises lower than competitors

Salary Ranges

28 data points

Junior/L3

Mid/L4

Senior/L5

Junior/L3 · Investment Banking Analyst

13 reports

$135,050

total / year

Base

$117,500

Stock

-

Bonus

-

$126,500

$143,750

Interview Experience

5 interviews

Difficulty

2.8

/ 5

Duration

14-28 weeks

Experience

Positive 0%

Neutral 40%

Negative 60%

Interview Process

1

Application Review

2

Recruiter Screen

3

Programming Assessment

4

Hiring Manager Interview

5

Panel/Superday Interviews

6

Final Decision

Common Questions

Technical Knowledge

Case Study

Behavioral/STAR

Past Experience

Culture Fit