Citizens Financial Group, Inc.-posted about 2 months ago
Full-time • Mid Level
Hybrid • Glen Allen, VA
5,001-10,000 employees
Management of Companies and Enterprises

The Policy and Procedure Analyst - Mortgage Default is responsible for developing, maintaining, and governing policies, procedures, and knowledge management content that support all facets of Mortgage Default Servicing, including Collections, Loss Mitigation, Foreclosure, Bankruptcy, etc. This role ensures that operational documentation remains current, compliant, and aligned with both Citizens' internal governance standards and external investor/insurer requirements (e.g., Fannie Mae, Freddie Mac, FHA, VA, and USDA). The analyst partners closely with subject matter experts and business leadership to ensure that process documentation accurately reflects business practices and that changes are communicated effectively for adoption across impacted teams. A strong understanding of mortgage servicing, default operations, and regulatory requirementswill enable the analyst to serve as a trusted partner in ensuring compliance and operational readiness.

  • Maintain and update policies, procedures, job aids, and workflow documentation for assigned business lines.
  • Ensure all materials are accurate, timely, and aligned with current operational processes, regulatory requirements, and investor expectations.
  • Collaborate with business owners, subject matter experts, and process managers to assess change impacts and ensure alignment across documentation.
  • Create, revise, distribute, activate, or deactivate documents in accordance with Citizens' policy and procedure governance standards.
  • Partner with SMEs to develop new policies and procedures in support of new product launches, system enhancements, and regulatory and investor updates.
  • Facilitate change control processes, ensuring all materials proceed through review, approval, and publication workflows as required.
  • Partner with risk and control partners to ensure proper evidence of ownership, approval, and version control is maintained.
  • Lead or participate in process mapping and problem-solving sessions to identify efficiency gains, control enhancements, or customer experience improvements.
  • Support communication and change adoption by developing and distributing clear summaries of procedural updates.
  • Facilitate the annual review cycle for assigned procedures and coordinate with business owners and governance teams for timely completion.
  • Serve as a liaison between the Default business line, Risk and Legal to ensure documentation consistency and control alignment.
  • Support internal and external audit, investor, and regulatory exams through the retrieval and validation of applicable procedure/process documentation.
  • Minimum 2 years of experience in policy and procedure management, business process documentation, or operational risk/governance.
  • Bachelor's degree or equivalent experience.
  • Strong writing and editing skills with the ability to translate technical and operational content into clear, user-friendly documentation.
  • Proficiency in Microsoft Office (Word, Excel, PowerPoint, Visio) and other workflow or document management tools.
  • Demonstrated strong organizational and execution skills with the ability to manage competing priorities and timely deliver results in a high-visibility environment.
  • Knowledge of Mortgage Servicing and Default Operations
  • Familiarity with investor/insurer guidelines (Fannie Mae, Freddie Mac, FHA, VA, USDA).
  • Understanding of banking regulations (CFPB, HUD, GSE servicing standards
  • We offer competitive pay, comprehensive medical, dental and vision coverage, retirement benefits, maternity/paternity leave, flexible work arrangements, education reimbursement, wellness programs and more.
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