Citi Group US Residential Real Estate Servicing Risk 

United States, Delaware 

828063258

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.

The Senior Vice President-Testing and ValidationRisk ManagementGroup Manageris a senior management-level position that will be accountable forrofessionals responsible forTesting and Validation ofRisk oversightactivities related toloans in default inventory includingCollections, Loss Mitigation,Foreclosure, REO, Bankruptcy, SCRAoss Recognition, Recoveryetc. (2) Business unit’s adherence with Citi policiesrisk oversight proceduresand 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,Quality Assurance,Testing Methodologies,supervisory guidelines, applicable regulations, and deepin the mortgage default domain includingCollections, Loss Mitigation, Recovery,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-Testing and Validation Risk Management Group Manageris responsible forand maintaining a robust risk and control environmentthrough independent testing and validation of the risk strategies and. Impact reflects strategic influence on the business and interaction with other functions or businesses.

Responsibilities:

• and effectiveness of Credit Risk processes and controls to ensure compliance withCiti policies,applicableregulationsandrisk oversight procedures, while responding to regulatory inquiries, otheraudits,and examinations.

• Identify and escalate risk and control issues tocontrolspartners and senior leadership within the Risk Organization with transparency, in a timely fashion and in adherence to applicable policies and procedures.

• Engages in activities to provide independent compliance and operation risk oversight of the Credit Risk performance and any third party/vendor relationships in alignments with Global Policies and Standard Operating Procedures.

• Promotes a strong risk management culture and discipline.

• in the development of independent reporting for respective area(s) of coverage.

• Develop, track and report on key initiatives, performance results, andemergingtrends, analyzing risks, and ensureappropriate escalationand communication is provided to senior leadership.

• Familiar with relevant laws, regulations, and best practices in mortgage servicing.

• Establish cross-functional partnerships and networksin order tosupport the execution of cross-functional business initiatives.

• Drive compliance with applicable laws,rulesand regulations, adhere to Policy, apply sound ethical judgmentregardingpersonal behavior, conduct and business practices, and escalate,manageand report control issues with transparency, as well as effectively supervise the activity of others and create accountability with those whofail tomaintainthese standards.

Qualifications:

• 0years 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 andexpertiseinleading establishing andmaintaininga robustrisk and controlstesting environment, Residential Mortgage ServicingincludingtheDefault Servicing Lifecycle

• 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