• SVP, Mortgage Portfolio Manager - Hybrid

    CitigroupElk Grove Village, IL 60007

    Job #2591276808

  • Senior VP of Mortgage Portfolio Manager in The Risk Appetite, Capital, & Analytics (RACA) unit seeks to catalyze transformational risk analytics for US Mortgage business . The team resides in the CRO (Chief Risk Officer)'s organization within the Citigroup's North America US Mortgage business. It was designed to integrate all USRB's Mortgage existing risk appetite, capital (Economic and Regulatory Capital) related analytics into one centralized unit, provide oversight control on internal reporting processes that drive results and liaise with the key business stakeholders.

    The missions of RACA are

    • Developing cutting-edge analytics that drive returns optimization and portfolio growth

    • Establishing and driving process rigor for risk appetite / CreditRisk analytics

    • Ensuring the appropriateness of top-down model results for the US Mortgage portfolios

    • Integrating quantitative and qualitative standards to fast-track problem solving and innovation

    KEY RESPONSIBILITIES:

    This role reports into the Director, Portfolio Manager for Retail Banking, and manages a team of highly skilled analyst providing thought leadership in driving the best practice in mortgage portfolio management. Specific roles and responsibilities include:

    Drive RAF execution, evolution, and accountability for mortgage products:

    • Oversee the credit risk analytics processes to ensure accurate and credible risk appetite / capital ratios that can support USRB's capital management and allocation efforts

    • Perform trend analysis on RAF drivers, provide explanations of any notable shift, and assist the teams in escalating the corrections if the shift is due to data quality issues

    • Develop state-of-the-art stochastic analytical capabilities that allow sustainable growth through multiple channels

    Catalyze quantitative and qualitative innovation in the analytics space:

    • Leverage programming/quantitative tools (SAS, Python, SQL) to mine and review big-data environments

    • Turn data into actionable insights through visual storytelling (Tableau, etc.)

    Build and manage stakeholder network across functional and business lines:

    • Establish and maintain on-going transparent communications with various control partners including global independent risk, (internal/external reviewers) to achieve in-depth full understanding of the Citi-wide RAF , capital reporting process and key driver of portfolio performance

    • Provide business feedback and opinion to drive appropriate practices in credit risk capital modeling for US Mortgage

    • Create cross-functional exchanges that promote RACA's ability and proposition in in-business strategic management

    Manage a high-performing team of quantitative analysts

    • Help team members build their careers while meeting business objective

    • Plan and prioritize workflow for complex, cross-departmental projects

    • Provide stretch goals, development opportunities and mentorship in career development

    Qualifications:

    • 10+ years of relevant mortgage experience

    • Demonstrated ability to synthesize, prioritize and drive results with a sense of urgency

    • Ability to leverage visual story-telling to share compelling stories for stakeholders at multiple executive levels

    • 3+ years of experience in Risk Appetite Framework analytics

    • Experience in wholesale or retail Basel and economic capital analytics or reporting

    • 3+ years of people management experience

    • Proficiency in data/quantitative tools such as SAS, SQL, Python, and Tableau

    • Proven ability to remain organized in a fast-paced environment, managing multiple projects

    • Proven interpersonal, organizational, and analytic skills

    Education:

    • Bachelor's degree/University degree or equivalent experience

    • Master's degree with quantitative or business focus strongly preferred

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    Job Family Group:

    Risk Management

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    Job Family:

    Credit & Portfolio Risk Management

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    Time Type:

    Full time

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    Primary Location:

    Elk Grove Village Illinois United States

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    Primary Location Salary Range:

    $139,690.00 - $209,530.00

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