Senior Mortgage Risk Analytics & Loss Recognition Leader

Citi; O’Fallon (MO); On-site; USD 115,000 - 172,000; Full time

Benefits offered by this job

Discretionary and formulaic incentive

Medical, dental & vision coverage

401(k)

Life, accident, and disability保险

Wellness programs

Paid time off, vacation and holidays

Job summary

Citi is seeking a VP-level Residential Real Estate Risk - Risk Analytics specialist to oversee loss recognition analytics and controls for US mortgage portfolios. This role drives monitoring, reporting and escalation of risk across Citi's Retail and Wealth divisions.

The candidate will use SAS, SQL, Python or R to extract insights, develop remediation plans and engage with auditors, policy teams and senior leadership.

Qualifications

• Bachelor’s degree in Finance/Accounting or quantitative fields; Statistics, Mathematics, or Engineering preferred.
• 8–12 years of related analytic experience in consumer credit management or finance/accounting for loss recognition in a supervised bank context.
• Residential real estate industry experience highly preferred.
• Proficient in SAS with macro, or SQL/R/Python; UNIX SQL is a plus.

Responsibilities

• Monitor loan loss recognition activities in compliance with Citi policy requirements and supervisory guidelines.
• Analyze credit loss performance trends and identify loss mitigation opportunities throughout the loan life cycle.
• Conduct root cause analyses of auditor or partner concerns and provide corrective recommendations.
• Develop, track and report on initiatives, performance results and emerging trends for senior leadership.
• Use SAS, R, SQL or Python to develop data-driven insights on loss recognition activities.
• Manage audit and control environment, portals, self-assessments, and liaise with auditors.
• Ensure adherence to FFIEC guidelines and policy requirements for write-downs and loss recognition.
• Build cross-functional partnerships to implement loss-mitigation strategies and support cross-functional initiatives.
• Drive compliance with laws and policies and maintain accountability across teams.

Skills

Analytical Thinking

Governance

Policy

Procedure

Portfolio Analysis

Risk Management Lifecycle

Credible Challenge

Escalation Management

Industry Knowledge

Risk Controls and Monitors

Risk Identification and Assessment

Education

Bachelor’s degree in Finance/Accounting or quantitative fields

Advanced degrees

Tools

SAS

R

SQL

Python

Job description

Citi is seeking a VP-level Residential Real Estate Risk - Risk Analytics specialist to oversee loss recognition analytics and controls for US mortgage portfolios. This role drives monitoring, reporting and escalation of risk across Citi's Retail and Wealth divisions.

The candidate will use SAS, SQL, Python or R to extract insights, develop remediation plans and engage with auditors, policy teams and senior leadership.