Citi
Gurgaon Haryana India
Job Description
The Mortgage Servicing Credit Risk Strategy & Analytics role will support the development, implementation, and management of default risk, credit losses, collection/loss-mitigation and OREO strategies and policies for consumer mortgage lending portfolios. This includes leading credit analytics in assessing various internal and external data sources for inclusion into policies and default risk strategies to optimize risk-reward tradeoffs for credit portfolios. This role requires a deep level of understanding of statistics, data, modeling, and analytical tools to creatively support the responsible growth and risk management of assigned portfolios.
RESPONSIBILITIES
Assist in developing credit portfolio management strategies across default life cycle (collections, loss-mitigation, foreclosure & REO) internally and with strategic partners by leveraging data analytics inclusive of score-based models, on-us/off-us data, and business rules
Support Portfolio Risk Manager to optimize risk-return dynamics by overseeing credit/default risk and/or collection strategies and developing recommendations for policy optimization throughout the default lifecycle
Develop framework for portfolio risk assessment including evaluation of credit, financial and collections performance across varied segments of mortgage residential portfolios.
Understand applicable credit policies, industry regulations and the requisite impact of those governance items to new initiatives
Utilize Statistical Analysis System (SAS) in a UNIX environment to perform risk, financial and data analyses including profiling, sampling, forecasting and new program due diligence
Prepare risk management presentations for senior management that include analytics on expected portfolio performance and areas of potential risk and/or opportunity
Stay abreast of emerging industry trends in data analytics and perform proactive analytics to assess and support portfolio and origination strategies
Proactively identify emerging risks within the portfolio and gaps that might compromise Credit Policy strategies and increase losses.
Liaise with key stakeholders to advance and support initiatives.
Lead analytics workstreams partnering with stakeholder teams effectively to impart knowledge and rationale for tasks and ensure ownership for assigned responsibilities, lead to successful completion of goals, as an incubator for innovation
Knowledge of Citibank credit policies and practices and regulatory policies, to assist unit in achieving compliance with the above and satisfactory ratings from internal and external auditors.
Education:
Risk Management
Portfolio Credit Risk Management
Full time
Analytical Thinking, Credible Challenge, Governance, Policy, Procedure, and Regulation, Portfolio Analysis, Risk Management Lifecycle.
Constructive Debate, Escalation Management, Industry Knowledge, Policy and Procedure, Policy and Regulation, Process Execution, Product Knowledge, Risk Controls and Monitors, Risk Identification and Assessment.
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