SVP, Head of Recovery Legal and Asset Sales Strategy

SVP, Head Of Recovery Legal And Asset Sales Strategy

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Job Overview

This position is within the Cards Collections and Recovery Risk team. As part of this team, the successful candidate will be responsible for helping manage Recovery and late stage Collections Strategy, Operations Oversight, and daily interaction with the Collections and Recovery policy and operations teams. The role is accountable for supporting cooperative deployment of strategies designed to meet portfolio Risk Appetite goals and the execution of routines to monitor a full spectrum of processes. The individual will work closely with the Collections and Recovery Operations team, Collections and Recovery Policy team and Cards Risk Management leaders to ensure alignment between strategy and operations areas.

Responsibilities :

• Manage a team of analysts and senior analysts located throughout the US and India.
• Optimizing existing late stage collections and recovery strategies pertaining to legal treatments, asset sales, external agencies, and internal recovery unit.
• Working across Internal Recovery and Agency risk peer groups to optimize full end-to-end recovery life cycle of accounts from both a lifetime liquidation and Net Present Value perspective.
• Representing Risk Management on inter-departmental Process Teams.
• Participating in creating system requirements for new collections and recovery strategies and represent Risk Management throughout the development life cycle of a new strategy or policy.
• Making recommendations and communicating the results to senior management.
• Evaluating effectiveness of current collections and recovery policies and strategies.
• Making significant contributions in the development of analytical tools used in the assessment of Collections and Recovery risk and policy.
• Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding Citigroup, its clients and assets, by driving compliance with applicable laws, rules and regulations, adhering to Policy, applying sound ethical judgment regarding personal behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency, as well as effectively supervise the activity of others and create accountability with those who fail to maintain these standards.

Qualifications :

Education :

This job description provides a high-level review of the types of work performed. Other job-related duties may be assigned as required.