Mortgage Servicing - Default Risk Management - Vice President

Citi’s has one of largest US bank-owned residential real estate portfolios (US-RRE) comprising more than $120 billion in receivables.  You will be joining the US RRE Servicing Risk team.   The Vice President-Default Risk Management is an individual contributor risk management position that will be responsible for (1) Risk oversight of loans in default inventory including Foreclosure, REO, Bankruptcy, SCRA etc. (2) Business 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 portfolio objectives to 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 deep expertise in the mortgage default domain including Foreclosure, Bankruptcy, SCRA, REO etc., risk management in residential real estate (mortgage, home-equity). In addition, excellent communication skills are required to engage with, influence and persuade key stakeholders internally, often at a senior level. This role may also require some external communication with regulators and sub-servicer.  The Vice President-Default Risk Management is responsible for determining the approach and executing functional strategy in the Default Risk Management area and accountable for end-to-end results of the area(s) under coverage. Impact reflects strategic influence on the business and interaction with other functions or businesses.