Senior Legal Counsel - Vice President

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Budapest, HUN
In-Office
17M-29M Annually
Senior level
Fintech • Financial Services
The Role
Senior Legal Counsel supporting Citi’s Hungarian operations through contract drafting and negotiation, legal opinions, product legal frameworks, corporate documentation, customer claims, and representation before courts and authorities. The role requires advising departments on legal requirements, collaborating with internal and external counsel, and leading projects. Candidates need a Hungarian law degree, Bar exam, Hungarian and advanced English proficiency, and at least seven years of financial law experience.
Summary Generated by Built In

Are you looking for a career move that will place you in a global financial organization? Then bring your skills in financial law and other relevant law fields to Citi’s Legal Team.

By joining Citi, you will become part of a global organization whose mission is to serve as a trusted partner to our clients by responsibly providing financial services that enable growth and economic progress.

What you’ll do

  • Prepare and maintain standard precedent contracts.

  • Support preparation, review  of procedures and internal instructions providing for the legal framework of operations, preparing legal opinions on internal procedures prepared by other departments.

  • Set up the legal framework for new products.

  • Represent Citi in licensing, administrative and court proceedings.

  • Prepare documents and submissions relating to the corporate operations of Citi.

  • Assist in the operations of the relevant corporate bodies, preparing proposals and draft resolutions.

  • Prepare legal opinions (e.g. interpretation of legal rules, opining on draft legal rules, opining on existing contracts).

  • Legal handling of customer claims.

  • Negotiate and draft individual, non-standard contracts.

  • Represent Citi before courts and authorities, preparing submission and other documents, supporting preparation of concluding settlements.

  • Co-operate with other legal counsels of Citi and with external lawyers.

  • Help all the Departments in interpreting the legal requirement

What we’ll need from you

  • Hungarian language proficiency

  • University degree, faculty of law (Hungarian law degree)

  • Hungarian Bar exam

  • At least 7 years’ experience most importantly in financial law, other areas of expertise which are a benefit: labour law, general civil law, data privacy

  • In-depth understanding of relevant laws.

  • Advanced level English (verbal and written), to be able to communicate one's legal opinion about an issue with the same depth as in Hungarian and with the same speed. Also being able to fluently communicate with local and/or regional seniors in English.

  • User level computer skills (MS Windows, Office, Excell, CD Jogtár/Cégtár)

  • Excellent communication, influencing and negotiation skills, ability to properly prioritize.

  • Integrity

  • Being a team player, and also being able to lead projects, do individual work.

What we can offer you

By joining Citi Hungary, 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 compensation package and enjoy a whole host of additional benefits that support you (and your family) to be well, live well and save well:

  • Cafeteria Program

  • Home Office Allowance (for colleagues working in hybrid work models)

  • Paid Parental Leave Program (maternity and paternity leave)

  • Private Medical Care Program and onsite medical rooms at our offices

  • Pension Plan Contribution to voluntary pension fund

  • Group Life Insurance

  • Employee Assistance Program

  • Access to a wide variety of learning and development programs, online course libraries and upskilling platforms, such as Udemy and Degreed

  • Flexible work arrangements to support you in managing work - life balance

  • Career progression opportunities across geographies and business lines

  • Socially active employee communities with diverse networking opportunities

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 energized 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. 

#LI-MF1

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Job Family Group: Legal

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Job Family:Legal - Country

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Time Type:Full time

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Primary Location Full Time Salary Range:17 157 800,00 Ft - 28 767 800,00 Ft

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Most Relevant Skills Please see the requirements listed above.

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Other Relevant Skills For complementary skills, please see above and/or contact the recruiter.

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Citi is an equal opportunity employer, and qualified candidates will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other characteristic protected by law.

 

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 Citi’s EEO Policy Statement and the Know Your Rights poster.

Skills Required

  • Hungarian language proficiency
  • University degree in law with a Hungarian law degree
  • Hungarian Bar exam
  • At least 7 years of experience, primarily in financial law
  • In-depth understanding of relevant laws
  • Advanced English proficiency, verbal and written
  • User-level computer skills, including MS Windows, Office, Excel, and CD Jogtar/Cegtar
  • Excellent communication, influencing, negotiation, and prioritization skills
  • Integrity
  • Ability to work as a team player, lead projects, and work independently
  • Experience in labour law, general civil law, or data privacy

Citi Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Citi and has not been reviewed or approved by Citi.

  • Healthcare Strength — Health coverage is presented as comprehensive, including free in-network preventive care, mental-health resources, and the Be Well Program. Materials also state new hires have access to health and insurance benefits from the outset.
  • Retirement Support — The retirement plan offers a $1-for-$1 match up to 6% of eligible pay. New employees are eligible for the plan, with automatic enrollment after 90 days if they do not enroll themselves.
  • Inclusive Benefits Coverage — Benefits highlight fertility treatment coverage, adoption/surrogacy reimbursement up to $30,000, and disability coverage. Coverage extends to spouses and domestic partners regardless of gender identity or sexuality, with gender-affirming care-related support noted.

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The Company
HQ: Kwun Tong, Kowloon
223,850 Employees

What We Do

Citi's mission is to serve as a trusted partner to our clients by responsibly providing financial services that enable growth and economic progress. Our core activities are safeguarding assets, lending money, making payments and accessing the capital markets on behalf of our clients. We have 200 years of experience helping our clients meet the world's toughest challenges and embrace its greatest opportunities. We are Citi, the global bank – an institution connecting millions of people across hundreds of countries and cities.

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