Citi Group US Residential Real Estate Servicing Risk 

United States, Delaware 

521532488

Citi’s has one of largest US bank owned residential real estate portfolios (US-RRE)more thanin receivables.  You will be joining the US RRE Servicing Risk team.

Senior Vice President-Default Risk Management is a senior management-level position that willaccountable for (1) Risk oversight of loans in default inventory including Foreclosure, REO, Bankruptcy, SCRA etc. (2)usiness unit’s adherence with Citi policies and applicable supervisory and regulatory guidelines.

You will work closely with the stakeholders in risk management, policy, independent risk, mortgage-servicing legal & compliance areas supporting both US Personal Banking and Wealth divisions on an expansive set of portfolioto deliver performance aligned with Citi’s risk-appetite framework.

The role requires a strong understanding of the US residential real estate industry, mortgage servicing landscape, supervisory guidelines, applicable regulations, and deepin the mortgage default domain including Foreclosure, Bankruptcy, SCRA, REO etc., risk management in residential(mortgage, home-equity). In addition, excellent communication skills areto engage with, influence and persuade key stakeholders internally, often at a senior level. The role may also require some external communication with regulators and sub-

Senior Vice President-Default Risk Managementis responsible forthe approach and executing functional strategy in the Default Risk Management area and accountable for end-to-end results

Responsibilities:

• Oversee the development and management of strategies,analytics, and risk oversightof activitiesacross the Default Servicing lifecycle including pre-foreclosure,foreclosure, bankruptcy,REO and other late-stage default populations (e.g., SCRS,litigation,etc.) for US Residential Real Estate Portfolios

• Identify and escalate risk and control issues tocontrolspartners andsenior leadership within the Risk Organizationwith 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 networksin order tosupport the execution of cross-functional business

• demonstratingconsideration for the firm's reputation and safeguarding Citigroup, itsclients,and assets, by driving compliance with applicable laws,rules,and regulations, adhering to Policy, applying sound ethical judgmentregardingpersonal behavior, conduct and business practices, and escalating,managing,and reporting control issues with

Qualifications:

• years of strategy and/or risk management experience, ideally with a large bank mortgage portfolio or equivalent consumer credit portfolio management experience at a leading consumer financial institution withknowledge of consumer residential real estate market and regulatory management in the U.S.

• Knowledge andexpertisein holistic risk management (identification, measurement, monitoring) risk analytics, risk oversight in addition to default servicing (ex. foreclosure,bankruptcy) domain experience desired.

• 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 toestablishstrong relationships with senior stakeholders and partner effectively with peers across functional areas and lines of business.

• Excellent skills with common Microsoft productivity tools including Outlook, Excel, PowerPoint, Word, Visio. Technical capabilities in SAS/Python/SQL considered a plus.

• Tireless work ethic with ability to work well under pressure, with equanimity while managing a high volume of priorities and deliverables.

Education:

• Bachelor's degree/University degree or equivalent experience

• Master's degree preferred