Exciting Opportunity! Apply Now: Deputy Counsel Legal Position at Citi India (2–5 Years PQE)

The Deputy Counsel Legal Position at Citi India offers an unparalleled opportunity for lawyers to grow their career in one of the world’s most prestigious financial institutions. Citi, a global banking giant, is actively seeking qualified legal professionals for the role of Deputy Counsel (Counsel III) at its Mumbai office. This full-time in-house legal role is ideal for candidates with 2 to 5 years of experience, particularly those with a background in banking, finance, or regulatory advisory.

For motivated legal professionals, this is a high-impact opportunity to work directly with senior management and provide critical legal support for strategic financial operations. If you are looking for a challenging, fast-paced, and intellectually stimulating legal role, read on.

Why Citi?

Citi is one of the most trusted names in global finance, operating in over 160 countries and serving millions of clients, including corporations, governments, institutions, and individuals. At Citi, legal counsel plays a vital role in ensuring compliance, navigating complex regulations, and helping the business adapt to global legal landscapes.

By joining Citi’s legal team, you’ll be working at the intersection of law, finance, and international policy—contributing not just to compliance, but to shaping the way banking is conducted around the world.

Key Responsibilities

In the Deputy Counsel Legal Position at Citi India, you will:

  • Advise internal stakeholders on Indian banking laws, global regulations, and risk mitigation strategies
  • Assist in structuring complex financial transactions, mergers, and regulatory submissions
  • Draft, review, and negotiate contracts, agreements, affidavits, and other legal documentation
  • Evaluate legal and reputational risks in new and ongoing business operations
  • Work closely with risk, compliance, and audit teams to implement a sound legal framework
  • Contribute to regulatory change management by tracking trends and legislative developments
  • Liaise with regulators, external counsel, and law enforcement agencies as needed
  • Provide training and awareness on legal issues to internal departments

This role combines legal advisory and risk management with a practical understanding of banking operations, offering you a holistic in-house legal experience.

Who Should Apply?

This role is best suited for legal professionals who meet the following criteria:

  • A degree in Law (LL.B. or Juris Doctorate) from a recognized university
  • 2–5 years of PQE, preferably in a bank, NBFC, law firm, or regulatory body
  • Strong command over RBI regulations, FEMA, SEBI guidelines, and other financial sector norms
  • Proven experience in contract negotiation, stakeholder engagement, and regulatory advisory
  • Excellent written and verbal communication skills
  • Ability to work under pressure, manage multiple tasks, and meet strict deadlines
  • An active bar license in good standing

Location and Nature of Work

  • Location: Mumbai, Maharashtra
  • Mode: Full-time, In-office
  • Team: Legal (Counsel III Level)
  • Reporting: You will work directly with senior counsel and interact with global legal teams as required.

How to Apply

If you’re interested in the Deputy Counsel Legal Position at Citi India, apply using the official application link:

Apply Here: https://lnkd.in/gq5-F9he

Make sure your resume clearly reflects your legal experience and highlights relevant exposure to financial and regulatory matters.

Why This Role Matters

In today’s complex legal environment, especially within banking and finance, in-house legal counsel must go beyond basic compliance. They must anticipate regulatory changes, proactively mitigate risk, and act as strategic business partners. At Citi, you’ll do all that and more.

This position isn’t just a job—it’s a chance to build a long-term, high-impact legal career within an elite international financial institution. You’ll gain insights into global markets, collaborate with experienced professionals worldwide, and contribute to legal innovation in banking.

Final Word

If you’re a legal professional looking to elevate your career, the Deputy Counsel Legal Position at Citi India is your gateway to excellence. Apply today to become part of Citi’s legacy of legal leadership and financial innovation.

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Borrower’s Right of Redemption Ends with Publication of Auction Notice

On September 23, 2025, the Supreme Court upheld the rights of the auction purchasers under the SARFAESI Act, holding that the borrowers’s right of redemption ends with publication of auction notice. This decision overturned the Madras High Court’s ruling quashing the auction sale certificate in the case of M. Rajendran vs M/S Kpk Oils And Proteins India Pvt. Ltd.

A Bench of Justices J.B. Pardiwala and R. Mahadevan dealt with the issue of borrowers’ right of redemption under Section 13(8) of the SARFAESI Act, 2002, in light of the 2016 amendment. The Court clarified that the borrower’s right to redeem the secured asset is extinguished upon the publication of the auction notice, and any payments made thereafter cannot revive this right.

First, the Court had to decide whether the notices issued under SARFAESI Rules 8(6), 8(7), and 9(1) were part of a single composite “notice of sale” or separate notices. Second, the question of whether Section 13(8)’s phrase “before the date of publication” refer to the composite notice of sale, in which case the borrower’s right of redemption would be terminated once the notice is duly published also lies before the Court. Third, if the revised Section 13(8), which went into effect on September 1, 2016, applied retroactively to loans taken out before then but for which enforcement action was later commenced.

The Court determined that the 30-day timeframe under Rule 9(1) is calculated from the date of such publication and that all notifications issued under the SARFAESI Rules constitute a single composite “notice of sale.” It decided that the revised Section 13(8), which is procedural and remedial in nature, applies retroactively to claims that already exist. This means that when the auction notice was published on January 22, 2021, the borrower’s right of redemption was terminated.

The Supreme Court observed that attempts by borrowers to create third-party rights over the secured property after auction would be void. While allowing the appeals, the Court urged the Ministry of Finance to revisit Section 13(8) and related Rules to resolve ambiguities that continue to generate avoidable litigation.

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