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Legal Senior Group Manager/Director - Commodities Legal

$170,000 - $300,000
Posted Dec 17
Full Time
Houston, Texas

This is a senior management-level position responsible for managing Citi’s Commodities Legal Team in Houston and serving as General Counsel for Citigroup Energy Inc. This role accomplishes results through directing day-to-day legal activities and management of a team of lawyers and legal officers as part of Citi’s Markets Legal Function. This role is responsible for advising Citi’s Commodities Business and key internal stakeholders on the legal and regulatory risks associated with the full spectrum of Citi’s physical and financial activity across all traded commodities.

The overall objective of this role is to provide legal analysis, advice, guidance and decision making within specific areas of expertise related to Citi’s Commodities Business in North America and in partnership with Legal colleagues globally.

Responsibilities:

Oversee legal activities for the Commodities business and serve as General Counsel of Citigroup Energy Inc., the primary legal vehicle for Citi’s North American Commodities Business.Management of a team of 7 lawyers and legal officers based in Houston and New York.Regulatory responsibilities, including direct interaction with FERC and CFTC, resulting from physical and financial commodities trading activities, including trading in energy, metals and agricultural products.Participate in strategic planning and development of the Commodities Business and contribute to business objectives by utilizing knowledge of industry, laws and regulations.Advise on and manage financial hedging transactions, security structures as well as commodity monetization and intermediation structures.Partner with business/functional line management in recommending, developing and executing business initiatives within permissible statutory and regulatory frameworks.Manage day-to-day legal activities in close coordination with the Global Legal Commodities team in London and SingaporeServe as a subject matter expert in areas of responsibility and provide senior advisory services to business partners.Negotiate, coordinate and monitor management of complex legal issues and make key decisions within areas of responsibility.Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding Citi, 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.

Qualifications:

Bar license in good standing to practice law10-15+ years of experienceIn depth commodity industry across a variety of products and market and commodity-focused derivatives experienceComprehensive knowledge of laws and practices; knowledge of trading documentationProven leadership, interpersonal and organizational skillsExcellent written, verbal, presentation, problem solving and analytical skills

Education:

Juris Doctorate or equivalent law degree


Job Family Group:

Legal


Job Family:

Legal - Product


Time Type:

Full time


Primary Location:

Houston Texas United States


Primary Location Full Time Salary Range:

$170,000.00 - $300,000.00

In addition to salary, Citi’s offerings may also include, for eligible employees, discretionary and formulaic incentive and retention awards. Citi offers competitive employee benefits, including: medical, dental & vision coverage; 401(k); life, accident, and disability insurance; and wellness programs. Citi also offers paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays. For additional information regarding Citi employee benefits, please visit citibenefits.com. Available offerings may vary by jurisdiction, job level, and date of hire.


Anticipated Posting Close Date:

Dec 20, 2024


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.

Citigroup Inc. and its subsidiaries ("Citi”) invite all qualified interested applicants to apply for career opportunities. If you are a person with a disability and need a reasonable accommodation to use our search tools and/or apply for a career opportunity review Accessibility at Citi.

View the "EEO is the Law" poster. View the EEO is the Law Supplement.

View the EEO Policy Statement.

View the Pay Transparency Posting