Hybrid SVP, Head of Recovery Legal and Asset Sales Strategy

at Citi

• Job title: SVP, Head of Recovery Legal and Asset Sales Strategy
• Job type: Full Time
• Experience level: Lead
• Salary: $156,160 - $234,240 per year
• Degree requirement: Bachelor's Degree
• Tech skills: Python
• Location requirements: Hybrid, Wilmington, United States

About the role

• SVP managing Recovery and late stage Collections Strategy at Citi. Responsible for overseeing operations, policy alignment, and team management across multiple locations in the U.S. and India.

Responsibilities

• Manage a team of analysts and senior analysts located throughout the US and India.
• Optimizing existing late stage collections and recovery strategies pertaining to legal treatments, asset sales, external agencies, and internal recovery unit.
• Working across Internal Recovery and Agency risk peer groups to optimize full end-to-end recovery life cycle of accounts from both a lifetime liquidation and Net Present Value perspective.
• Representing Risk Management on inter-departmental Process Teams.
• Participating in creating system requirements for new collections and recovery strategies and represent Risk Management throughout the development life cycle of a new strategy or policy.
• Making recommendations and communicating the results to senior management.
• Evaluating effectiveness of current collections and recovery policies and strategies.
• Making significant contributions in the development of analytical tools used in the assessment of Collections and Recovery risk and policy.
• 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.

Requirements

• Four-year degree in Statistics, Economics, Engineering, Finance, Mathematics, or a related quantitative field, or equivalent work experience; Graduate degree is highly desirable
• Minimum 10 years of related analytic experience in a collections or recovery environment
• Minimum 5+ years of experience in statistical analysis with working knowledge of at least one of the following statistical software packages: SAS, SPSS, Python, Statistica, S+ or some equivalent or R/ R Studio
• Demonstrated ability to synthesize, prioritize and drive results with a high sense of urgency
• Strong project management ability
• Consistently demonstrate clear and concise written and verbal communication
• Previous management experience

Benefits

• medical, dental & vision coverage
• 401(k)
• life, accident, and disability insurance
• wellness programs
• paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays