Full-Time
US Residential Real Estate: Servicing Risk Management – Senior Vice President-Servicing Risk Policy
Credit Portfolio Management, Hybrid
Confirmed live in the last 24 hours
Citigroup
10,001+ employees
Global financial services and banking solutions
Compensation Overview
$144.5k - $216.7kAnnually
Senior
O'Fallon, MO, USA + 2 more
More locations: Hoffman Estates, IL, USA | Wilmington, DE, USA
Hybrid role requiring in-office presence.
- 10+ years of consumer credit default risk management experience, ideally with a large bank mortgage portfolio or equivalent consumer credit portfolio management experience at a leading consumer financial institution with knowledge of US consumer residential real estate market and applicable regulations and supervisory guidelines.
- Knowledge and expertise in holistic risk management (identification, measurement, monitoring) risk analytics, risk oversight in addition to domain experience in collections, loss-mitigation, and default servicing (ex. foreclosure, bankruptcy) required.
- Regulatory experience or relevant experience in a similar role. Expertise in credit risk policy management.
- Ability to navigate complex decisions and situations including engagement with various senior stakeholders (CRO, LOB CEOs, senior business representatives and regulators).
- Strong, clear, concise written and verbal communication capabilities. (ex. complex issues in concise executive summaries).
- Experience in leading highly visible, cross line-of-business initiatives across multiple functions. The ability to work with a diverse group of stakeholders to achieve milestones and meet deadlines.
- Demonstrated ability to establish strong relationships with senior stakeholders and partner effectively with peers across functional areas and lines of business.
- Demonstrated ability to synthesize, prioritize and drive results with urgency.
- Excellent skills with common Microsoft productivity tools including Outlook, Excel, PowerPoint, Word, Visio.
- Tireless work ethic with ability to work well under pressure, with equanimity while managing a high volume of priorities and deliverables.
- Bachelor's degree/University degree or equivalent experience.
- Master's degree preferred.
- Oversee the formulation, development, management and maintenance of servicing risk policies across lifecycle of servicing and default activities including collections, loss-mitigation, foreclosure, OREO and loss recognition for US Residential Real Estate bank owned portfolios
- Identify and escalate risk and control issues to control partners and senior leadership within the Risk Organization with transparency, in a timely fashion and in adherence to applicable policies and procedures.
- Interacts with Audit and Risk Review personnel and with external regulators during their periodic reviews of US RRE portfolio.
- Promotes a strong risk management culture and discipline.
- Establish cross-functional partnerships and networks in order to support the execution of cross-functional business initiatives.
- Drive compliance with applicable laws, rules and regulations, adhere to Policy, apply sound ethical judgment regarding personal behavior, conduct and business practices, and escalate, manage and report control issues with transparency, as well as effectively supervise the activity of others and create accountability with those who fail to maintain these standards.
- May lead or manage a complex, critical, multi-disciplinary servicing risk management functional area of responsibility.
Citigroup provides a variety of financial services to a wide range of clients, including individuals, businesses, and governments. Its 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 leveraging its extensive global network and technology to provide efficient banking solutions, generating revenue through interest on loans, service fees, trading, and investment management. What sets Citigroup apart from its competitors is its strong focus on sustainability and social responsibility, demonstrated through its investments in environmental, social, and governance initiatives. The company's goal is to create a positive financial and social impact while ensuring growth and profitability.
Company Stage
N/A
Total Funding
$59.8M
Headquarters
New York City, New York
Founded
N/A
6 month growth
↑ 0%1 year growth
↑ 0%2 year growth
↓ -9%
Simplify's Take
What believers are saying
- Citi's involvement in significant financial deals, such as the $41 million debt facility with Buyerlink, showcases its strong market presence and financial influence.
- The company's focus on ESG initiatives aligns with growing global trends towards sustainability, potentially attracting more clients and investors.
- Citi's technological innovations enhance its service delivery, offering employees opportunities to work with cutting-edge financial technologies.
What critics are saying
- Operating in a highly competitive financial services market, Citi faces constant pressure to innovate and maintain its market share.
- Global economic fluctuations and regulatory changes can impact Citi's operations and profitability, posing challenges for employees.
What makes Citigroup unique
- Citi's extensive global network across 160 countries provides unparalleled access to cross-border financial services, setting it apart from regional competitors.
- The company's commitment to ESG initiatives and technological innovation positions it as a forward-thinking leader in the financial services industry.
- Citi's diverse range of services, from consumer banking to investment banking and wealth management, allows it to cater to a wide array of clients, unlike more specialized financial institutions.
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