Full-Time

Recovery Manager

Confirmed live in the last 24 hours

Citigroup

Citigroup

10,001+ employees

Global financial services and banking solutions

Compensation Overview

$72.9k - $109.3k/yr

+ Incentive Awards + Retention Awards

Senior

Florence, KY, USA + 1 more

More locations: Tucson, AZ, USA

Primary location is Florence, Kentucky; secondary location is Tucson, Arizona.

Category
Generalist Operations
Inventory Management
Operations & Logistics
Requirements
  • 5-8 years experience in a related role with commensurate people management experience
  • Collections/Recovery/Bankruptcy experience strongly preferred
  • Bachelor’s/University degree or equivalent experience
Responsibilities
  • Manages a team including Team Leads and agents who are responsible for Aged Debt
  • Assigns projects and ensures team deliverables
  • Typically supervises multiple post-charge-off stages of Default Operations
  • Unit may be responsible for managing a large segment of "bad debt" portfolios (i.e. probate & bankruptcy accounts)
  • Serves as backup to Senior Manager
  • Responsible for developing and implementing policies and procedures to provide for more efficient Recovery processes
  • New work procedures, analyzes complex and variable issues with significant departmental impact
  • Maintains appropriate staffing requirements to meet operational needs
  • Applies in-depth disciplinary knowledge of concepts and procedures within own area to resolve issues
  • Evaluates subordinates' performance and makes recommendations for pay increases, hiring, terminations and other personnel actions
  • Demonstrates a comprehensive understanding of how own area collectively integrates to contribute to achieving overall business goals
  • Provides evaluative judgment based on analysis of factual information in complicated and unique situations
  • Directly impacts the area through shared responsibility for delivery of end results and contribution to planning, budget management and formulation of procedures; influences resource planning
  • Persuades and influences others through effective communication and diplomacy skills; may negotiate with external parties
  • 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.
Desired Qualifications
  • Collections/Recovery/Bankruptcy experience strongly preferred

Citigroup provides a variety of financial services to individuals, businesses, and governments around the world. Its main offerings include consumer banking, credit services, corporate and investment banking, securities brokerage, and wealth management. The company operates in over 160 countries, allowing it to facilitate cross-border transactions and serve a diverse clientele. Citigroup's products work by providing loans, managing investments, and offering banking services that help clients manage their finances effectively. What sets Citigroup apart from its competitors is its extensive global network and focus on technological advancements that enhance the banking experience. The company's goal is to create a positive impact on society while achieving growth and profitability through its commitment to sustainability and social responsibility.

Company Size

10,001+

Company Stage

IPO

Headquarters

New York City, New York

Founded

1812

Simplify Jobs

Simplify's Take

What believers are saying

  • Strategic investment in Supra boosts Citi's influence in Colombian fintech market.
  • Citi's participation in Omnidian's funding supports growth in clean energy and EV infrastructure.
  • Proxymity investment enhances transparency and efficiency in investor communications globally.

What critics are saying

  • Competition from fintechs like Wagestream challenges Citi's consumer banking segment.
  • Supra's growth projections may not materialize, impacting Citi's investment returns.
  • Clean energy market volatility poses risks to Citi's investments in Omnidian.

What makes Citigroup unique

  • Citi's global presence spans over 160 countries, offering unmatched financial services reach.
  • Investment in Supra enhances SME foreign trade through advanced tech infrastructure in Colombia.
  • Citi Impact Fund supports clean energy initiatives, aligning with ESG goals and innovation.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

401(k) Retirement Plan

401(k) Company Match

Wellness Program

Paid Vacation

Paid Sick Leave

Paid Holidays

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

-5%

2 year growth

-5%
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