Head of Recovery Legal and Asset Sales Strategy, Senior Vice President (Hybrid)

Citi • Schaumburg, IL

3d • Hybrid

About The Position

o Manage a team of analysts and senior analysts located throughout the US and India. o Optimizing existing late stage collections and recovery strategies pertaining to legal treatments, asset sales, external agencies, and internal recovery unit. o 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. o Representing Risk Management on inter-departmental Process Teams. o 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. o Making recommendations and communicating the results to senior management. o Evaluating effectiveness of current collections and recovery policies and strategies. o Making significant contributions in the development of analytical tools used in the assessment of Collections and Recovery risk and policy.

Requirements

• Four-year degree in Statistics, Economics, Engineering, Finance, Mathematics, or a related quantitative field, or equivalent work experience; Graduate degree is highly desirable
• Minimum 10 years of related analytic experience in a collections or recovery environment
• Minimum 5+ years of experience in statistical analysis with working knowledge of at least one of the following statistical software packages: SAS, SPSS, Python, Statistica, S+ or some equivalent or R/ R Studio
• Demonstrated ability to synthesize, prioritize and drive results with a high sense of urgency
• Strong project management ability
• Consistently demonstrate clear and concise written and verbal communication
• Bachelors level degree in Business, Statistics, Mathematics, or Engineering, or equivalent work experience.
• Analytical Thinking, Change Management, Communication, Constructive Debate, Escalation Management, Policy and Procedure, Policy and Regulation, Risk Controls and Monitors, Risk Identification and Assessment, Stakeholder Management.

Nice To Haves

• Master's degree preferred

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.

What This Job Offers

• Job Type: Full-time
• Career Level: Executive
• Number of Employees: 5,001-10,000 employees