Are you looking for a career move that will put you at the heart of a global financial institution? Then bring your skills to Citi’s Financial Services Regulatory Legal team.
By joining Citi, you will become part of a global organisation whose mission is to serve as a trusted partner to our clients by responsibly providing financial services that enable growth and economic progress.
Team/Role Overview
As Senior Regulatory Counsel, you will serve as a trusted legal advisor on the laws and regulations shaping Citi's wholesale markets and trading businesses across the UK, EU, and beyond. Based within Citi's Financial Services Regulatory Legal team ("FSR Legal"), you will partner with senior stakeholders across trading, operations, technology, and compliance to interpret complex regulatory change, including MiFID II/MiFIR, EMIR, and SFTR reforms. This role offers the opportunity to lead high-profile regulatory transformation programs at the intersection of law, policy, and market structure.
What you’ll do
- Act as senior regulatory counsel, advising business stakeholders, trading desks, and legal entity management teams on UK, EU, and cross-border wholesale markets regulations, including MiFID II/MiFIR, EMIR, and SFTR.
- Lead the legal workstream for major regulatory change programs, including the FCA's UK MiFIR transaction reporting reform and the EU MiFIR Review.
- Guide legal readiness for revised Regulatory Technical Standards, including RTS 22, RTS 24, and RTS 25, as well as EMIR Refit requirements.
- Assess the extraterritorial application of US Dodd-Frank rules alongside UK and EU regulatory frameworks.
- Partner with trading, operations, technology, and compliance teams to translate complex regulatory requirements into practical, commercially sound guidance.
- Counsel the business on regulatory considerations tied to acquisitions, divestitures, internal reorganizations, and the structuring of new products and transactions.
- Manage the resolution of regulatory violations and significant compliance issues, escalating matters where necessary.
- Represent Citi in engagements with financial services regulators on authorization, supervisory inquiries, and remediation matters.
What we’ll need from you
Required Qualifications & Skills
- Relevant legal experience in financial services.
- Developed this experience within a leading international law firm, a global investment bank or financial institution, a regulatory authority such as the FCA, ESMA, CBI, AMF, or CFTC, or a leading regulatory consulting practice at Director or Senior Manager level.
- Demonstrates strong understanding of wholesale financial services regulations, including MiFID II/MiFIR, EMIR, Dodd-Frank, and Market Abuse Regulation.
- Advises on complex regulatory implementation projects, multi-stakeholder initiatives, and regulatory inquiries, analyzing technical standards and legislative text to produce clear, practical legal advice.
- Works effectively within a specialised legal team, partnering with peer subject leads and cross-functional stakeholders.
- Communicates and drafts with clarity and confidence, advising senior stakeholders while managing competing priorities across multi-year change projects and daily advisory demands.
- Holds qualification as a solicitor in the Republic of Ireland, England & Wales, or Northern Ireland, or is admitted to practice in the State of New York or another common law or civil law jurisdiction.
Beneficial Skills & Qualifications
- Practical exposure to or strong aptitude for transaction reporting under RTS 22, trade reporting, or market transparency rules.
- A law degree obtained in the Republic of Ireland, the United Kingdom, the United States, or another common law or civil law jurisdiction.
This position is open to regulatory lawyers, derivatives counsel, trading advisory specialists, ex-regulators, or regulatory consulting professionals who have a strong foundation in wholesale markets regulation and a strong interest or background in transaction reporting, transparency, and regulatory implementation.
What we can offer you
By joining Citi, you will not only be part of a business casual workplace with a hybrid working model (up to 2 days working at home per week), but also receive a competitive base salary (which is annually reviewed) and enjoy a whole host of additional benefits that support you (and your family)to be well, live well and save well.
Alongside these benefits Citi is committed to ensuring our workplace is where everyone feels comfortable coming to work as their whole self every day. We want the best talent around the world to be energised to join us, motivated to stay, and empowered to thrive.
Sounds like Citi has everything you need? Then apply to discover the true extent of your capabilities.
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Job Family Group: Legal------------------------------------------------------
Job Family:Legal - Enterprise------------------------------------------------------
Time Type:------------------------------------------------------
Primary Location Full Time Salary Range:Salary shown is for full-time positions and will be prorated for part-time hires based on number of hours worked.
The hourly rate corresponding to the annual range is:$0.00 - $0.00------------------------------------------------------
Most Relevant Skills Please see the requirements listed above.------------------------------------------------------
Other Relevant Skills For complementary skills, please see above and/or contact the recruiter.------------------------------------------------------
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