Banamex Director Legal Crédito - C15 - CIUDAD DE MEXICO

The Country Counsel 5 manages multiple teams through other managers. In-depth understanding of how own sub-function contributes to achieving the objectives of the function. A good understanding of the industry, direct competitors' products and services, is also necessary in order to contribute to the commercial objectives of the business. Requires thorough understanding of strategic direction of the function within the relevant part of the business, combined with a solid conceptual/practical grounding in both the function and/or area of expertise and related subject areas. Excellent communication skills required in order to negotiate internally, often at a senior level. Some external communication/negotiation may be necessary. Responsible for executing functional strategy in area managed. Defines approach to implementing functional strategy. Accountable for end results, budgeting, planning, policy formulation and contribution to future strategy of the area(s). Impact reflects size of team managed, strategic influence on the business and interaction with other functions or businesses. Full management responsibility for multiple teams, including management of people, budget and planning, to include duties such as performance evaluation, compensation, hiring, disciplinary actions and terminations and budget approval. May be doing involved or responsible for diverse (cross-discipline) activities. Typically, a direct report to a C16 role and function as an integral member of the functional leadership team within a country/site location, job family, or line of business.

Responsibilities:

1. Country Counsel for a Multi-business Country
2. Manages & supports the Legal function providing support and guidance to the local businesses and to all Citi functions on all aspects of local & Citigroup Legal related matters
3. Ensures full compliance of all local Citigroup products and structures with local Law, as in force, and where applicable with international standards
4. Ensures continuity and management of legal operations of Citigroup in the region as it pertains to local licenses and all other types of Corporate Governance, including company secretarial roles, as well as compliance with local regulatory requirements
5. Advises the CCO on business and Franchise Legal issues
6. Ensures consistency of Citigroup policies with local legal requirements
7. Escalates all issues to designated Division Counsel that are of importance within the role
8. Participate in the local Management committees
9. Management and coordination of the provision of external legal services
10. Liaise with compliance in the development, updating and presentation of training materials related to local laws and regulations
11. Assists overseas colleagues engaged in projects and deals involving local laws and regulations
12. Manages and organizes the handling of litigation cases in which Citigroup entities are involved as defendants or claimants
13. Manage the functioning of the Legal Department
14. Drafts and implements local legal policies and procedures
15. Drafts, amend and approve the list of external legal counsels used by Citigroup locally
16. Manages several relationships with external legal counsels and regulators
17. Reviews customer complaints that could develop into legal actions or have regulatory implications
18. Provide solution-oriented legal support and assistance to the local businesses in accordance with strategic business needs and applicable regulatory and legal requirements
19. 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 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:

• 15+ years of experience, including 8-10+ years' managerial experience
• Excellent command of local languages
• Excellent leadership, interpersonal, relationship management skills
• Excellent written, verbal, problem solving and analytical skills
• Effective negotiation skills and ability to maintain effective relationships
• Membership of local Bar/ Lawyers Association

Education:

• Bachelors/University degree, Master’s degree preferred

This job description provides a high-level review of the types of work performed. Other job-related duties may be assigned as required.

Key Accountabilities:

1. Collaborate with the traditional business, design legal strategies to simplify, facilitate and drive the evolution of the strategic agenda (modernization and digital initiatives) for Banamex with the focus of work with the business to participate actively in the vision of achieving the “Bank of the Future” by generating the ideas and viable approaches to help adopting new products and services and solving old ones.
2. Support, inspire and drive a culture of change and transformation to adapt to the changes that are occurring from a consumer and business perspective.
3. Encourage internal and external partnerships that can facilitate these developments.

Responsible for:

1. Responding to moderate/complex legal queries, including those of a sensitive and confidential nature, typically for functional areas or specific lines of business
2. Providing legal advice and legal counsel on moderate/complex legal queries with little or no supervision
3. Directing legal actions in which the organization is involved, directly or through outside counsel, including oversight of outside counsel.
4. Interprets legislation affecting the organization or client groups. Exercises judgment on moderate to complex legal issues.
5. Identifying and independently resolving moderate to complex legal issues. Escalates issues with recommendations.
6. Conducting research into legal issues.
7. Provide technical or functional guidance to team members
8. Managing legal or regulatory risk exposure within the scope of responsibilities
9. Overseeing outside counsel (managing file-specific legal expenses) on moderate/complex legal issues

The scope to which the responsibilities relate to, include:

1. Manage delivery of legal services related to the consumer teams in investments, affluent and high net worth clients, including managing legal topics with BlackRock and Casa de Bolsa Citibanamex.
2. Provide legal advisory in relation to the cards business, which covers partner relationship, clients, regulatory change, and product enhancements and marketing and advertisement.
3. Provide advisory and guidance regarding consumer loans (PILs, overdrafts, Payroll loans, SME)
4. Advise on existing legal issues as well as proactively advise on potential risks; spot legal and regulatory trends and advise business on how to pursue business goals in a way that avoids potential legal/regulatory issues.
5. Play a key leadership role in building relationships with business leaders, team members and other departments through an open and collaborative style.
6. Provide advice on the development and implementation of consumer related products or service offerings, including digital (e.g. mobile banking applications, wallets, money movement)
7. Provide advice on relevant regulatory matters, including new guidelines and initiatives.
8. In addition to supporting business managers, the attorney will work closely with other business lawyers in Mexico and other regions as well as key functional partners, including compliance and risk management.

Job Family Group: Legal

Job Family: Legal - Country

Time Type: Full time

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.