Job Description

Centralized Legal & Regulatory Team , in short called as CLRT is a centralized unit that manages highly critical and sensitive notices, complaints, queries from various regulatory bodies, statutory authorities, Law Enforcement Agencies & courts.

Roles & Responsibilities:

Business/ Department Objectives:

• To effectively manage & respond to notices received from various regulatory bodies in India , handle Legal cases , Notices & summons in co-ordination with Central Legal , Tax , business teams and empanelled counsels the Regulatory Channel /Legal Channel to mitigate franchise risk and customers issues

Core Responsibilities:

• To be a one point contact for effectively handling & responding to regulatory/Legal notices received from across Pan India against GCG & ICG vertical by coordinating with branches across India and Central Legal / Compliance & tax team.

Day-to-Day Responsibilities:

• To ensure all Regulatory notices received are appropriately handled and reverted within the stipulated timeline by effectively coordinating with various departments.
• To ensure sensitive regulatory notices are highlighted real-time to senior management.
• To circulate MIS to the senior management to update them of the notices received and status of the same.
• To ensure zero defect in handling of attachment / revocation notices issued by Regulatory bodies and courts in terms timely compliance.
• Handle and respond to Regulatory notices received from various regulators
• To highlight process improvement based on root cause analysis & trend of notices received.
• To speak to regulatory officers to update /seek clarity on notices received whenever need arises.

On March 30, 2022 , Citi reached an agreement with Axis Bank for the sale of Citi\xe2\x80\x99s consumer businesses in India. The transaction comprises the sale of the consumer banking businesses of Citibank India, which includes credit cards, retail banking, wealth management and consumer loans. The transaction also includes the sale of the consumer business of Citi\xe2\x80\x99s non-banking financial company, Citicorp Finance (India) Limited, comprising the asset-backed financing business, which includes commercial vehicle and construction equipment loans, as well as the personal loans portfolio. It excludes Citi\xe2\x80\x99s institutional client businesses in India. Citi remains committed and focused on serving institutional clients in India and globally. The transaction is expected to close in the first half of 2023 subject to requisite regulatory approvals. As this particular role operates within the scope of Citi\xe2\x80\x99s consumer businesses, the successful candidate will initially be employed by Citi, but on sale completion, her/his employment will transfer to Axis Bank.



Job Family Group: Operations - Core



Job Family: Operations Support



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.

Citigroup Inc. and its subsidiaries ("Citi\xe2\x80\x9d) 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 .

View the " " poster. View the .

View the .

View the

Citigroup