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Head of Recovery Legal and Asset Sales Strategy Jobs

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Head of Recovery Legal and Asset Sales Strategy
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Lead our Recovery Legal and Asset Sales Strategy team, optimizing the end-to-end collections lifecycle. This senior role requires 10+ years of analytic experience in recovery and 5+ years in statistical analysis using tools like SAS or Python. You will manage a global analyst team, drive strategy...
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United States , Wilmington; O'Fallon; Jacksonville; Schaumburg; Atlanta
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Not provided
https://www.citi.com/ Logo
Citi
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Until further notice
Explore a career in high-stakes financial leadership with Head of Recovery Legal and Asset Sales Strategy jobs. This executive role sits at the critical intersection of risk management, law, and finance, tasked with maximizing value recovery from distressed or non-performing assets. Professionals in this field are strategic leaders responsible for navigating the complex final stages of the credit and collections lifecycle, transforming potential losses into recovered capital for their organization. A Head of Recovery Legal and Asset Sales Strategy typically oversees a multifaceted portfolio. Their primary mission is to develop, implement, and optimize strategies for accounts that have reached advanced stages of delinquency or default. This involves managing the entire recovery ecosystem, which includes internal recovery units, external collection agencies, legal proceedings, and the outright sale of charged-off assets. A significant part of the role is analyzing vast datasets to evaluate the effectiveness of existing policies, using advanced statistical modeling to forecast liquidation outcomes, and determining the optimal path for each account—whether through litigation, settlement, agency placement, or portfolio sale. The goal is always to maximize Net Present Value (NPV) and lifetime liquidation rates across the entire recovery book. Common responsibilities for this profession include leading and mentoring a team of analysts and senior professionals, fostering a culture of analytical rigor and accountability. They are responsible for the end-to-end oversight of recovery operations, ensuring strategies are executed efficiently and in compliance with all regulatory requirements. This role demands heavy cross-functional collaboration, requiring the Head to represent the risk management perspective on inter-departmental projects, contribute to the development of new technical systems, and present data-driven recommendations and performance results to senior management and key stakeholders. The typical skills and requirements for these senior jobs are extensive. Candidates generally possess a bachelor's degree in a quantitative field such as Finance, Economics, Statistics, or Engineering, with a graduate degree like an MBA being highly advantageous. A minimum of 10 years of progressive experience in a collections, recovery, or risk management environment is standard, with at least 5 years dedicated to hands-on statistical analysis and modeling using tools like SAS, Python, or R. Proven leadership and team management capabilities are non-negotiable, as is exceptional project management skill to drive complex initiatives with a high sense of urgency. Superior communication skills are critical for synthesizing complex data into clear, actionable insights for both technical teams and executive audiences. For those seeking a challenging role that leverages deep analytical, legal, and strategic expertise to protect and recapture financial assets, Head of Recovery Legal and Asset Sales Strategy jobs represent a pinnacle career opportunity.

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