Primary Location: United States,Delaware,Wilmington
Education: Bachelor's Degree
Job Function: Risk Management
Shift: Day Job
Employee Status: Regular
Travel Time: Yes, 10 % of the Time
Job ID: 19035503
About Citi Citi, the leading global bank, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. Citi provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth management. Our core activities are safeguarding assets, lending money, making payments and accessing the capital markets on behalf of our clients.
Citi's Mission and Value Proposition explains what we do and Citi Leadership Standards explain how we do it. Our mission is to serve as a trusted partner to our clients by responsibly providing financial services that enable growth and economic progress. We strive to earn and maintain our clients' and the public's trust by constantly adhering to the highest ethical standards and making a positive impact on the communities we serve. Our Leadership Standards is a common set of skills and expected behaviors that illustrate how our employees should work every day to be successful and strengthens our ability to execute against our strategic priorities.
Diversity is a key business imperative and a source of strength at Citi. We serve clients from every walk of life, every background and every origin. Our goal is to have our workforce reflect this same diversity at all levels. Citi has made it a priority to foster a culture where the best people want to work, where individuals are promoted based on merit, where we value and demand respect for others and where opportunities to develop to are widely available to all.
The Collections and Recovery Risk team's mission is to assist customers who need to bring their accounts current or fairly resolve their debt. The team owns strategy and policy and partners closely with the Operations and Technology teams on implementation and execution. Through this partnership, members of our strategy team have a great opportunity to put new strategies in place and see tangible impacts of their work to assist customers.
This position is within the Branded Cards Collections and Recoveries Strategy team. The person in this role will be responsible for leading risk management for the Personal Installment Loans (PIL) portfolio which recently moved from Citi's Retail Bank to Branded Cards. The leader will be responsible for managing and monitoring existing strategies and tests, leading work to ensure our business is well-managed, and developing and launching new strategies to reduce losses and expenses while improving the client experience. The role provides a very exciting intersection of analytical and consumer behavior strategy.
Recommend strategies that will reduce delinquency roll rates and losses
Optimize treatments applied to accounts across stages of delinquency to ensure that business objectives are realized while maintaining strict adherence with regulatory guidance and policy
Hypothesis development, analysis, test design, champion challenger analysis to improve strategy effectiveness
Identify new opportunities to improve efficiency in Collections and Recovery
Responsible to track performance and communicate results to management
Analyze tests and performance using SAS/SQL, Teradata. Conduct P&L analysis
Identify areas to reduce cost of Collections and Recovery business areas without negatively impacting performance
Collaborate with Operations to execute strategies, validate execution and report status
Partnering with others (both inside & outside the team) to implement and assess strategy changes
Provide simple, concise and clear communications of complex data trends and analyses to senior management
Provide support for regulatory exams, internal audits &
4 year degree in Statistics, Economics, Engineering, Finance, Mathematics, or a related quantitative field. Graduate degree is highly desirable
Minimum 5+ years of Credit Cards related experience or 6+ years related analytic experience using quantitative analysis, preferably in a risk context
Minimum 5+ years' experience in statistical analysis with working knowledge of at least one of the following statistical software packages: SAS (preferred), SPSS, Statistica, S+ or equivalent
Experience with Teradata, SQL programming in a UNIX environment
Ability to establish solid cross-functional partnerships and networks to contribute and execute cross-functional and business initiatives
Outstanding communication and presentation skills, excellent interpersonal skills, thought leadership and should be comfortable working with ambiguity
The successful candidate will have demonstrable analytic and project management skills
Internal Number: 6092074
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