Risk Manager, Default- 12001128

Details: Office Location / Address:  Irving, TX 75063 / 4000 Regent Blvd. Education Level:  Bachelor's Degree Shift:  Day Job Employee Status:  Regular Mortgage Operational Risk Assessment Organization; Operations Risk Manager This Risk Manager role will be part of the Mortgage Operational Risk Assessment Organization reporting to the Director of Operational Risk, Servicing. The Risk Manager must have knowledge in areas of default servicing process requirements including early/late collection practices, modification processing, and FC/BK regulations This Risk Manager role will be part of the Mortgage Operational Risk Assessment Organization reporting to the Director of Operational Risk, Servicing. The Risk Manager must have knowledge in areas of default servicing process requirements including early/late collection practices, modification processing, and FC/BK regulationsJob ResponsibilitiesManages projects, analyzes processes & controls, and manages data quality.  Evaluates risk and return measures/reports and interprets results.Possesses strong institutional knowledge.  Knowledgeable about different markets, products, strategies, analytical tools, financial and risk databases and associated risks. Assesses the spectrum of risks and how those risks arise from all new product offerings for respective coverage groupsIdentifies reputational risk and its operational /financial cause/effects.  Manages situations that create risk and legal liabilities for Citi.Knowledgeable about risk systems infrastructure including key processes, coverage and data flows in order to identify risk effectively. Anticipates and responds to client needs.Leads and coordinates focused or allocated resources for analyts/specialist groupsUses tools and techniques to effectively identify and assess trends and risks.Makes decisions in a timely manner, balancing a need for action with a need for analysis.Identifies issues and outlines scope.  Probes beyond symptoms to determine the underlying causes of problems.Develops goals and executes strategies within a department.Oversees and reviews credit recommendations (consumer, issuer, acquirer and vendor) and proposed by analysts' recommendations to ensure appropriate risk managementIn a manager role, effectively manages and develops others; provides candid and honest feedback on an on-going basis.In an individual contributor role, functions as a lead contributor with significant knowledge of area of specialization and significant exposure to broad department activities.Understands and reviews risk processes to ensure the execution of the documentation needed to protect the bank's reputation and economic capitalUnderstands what constitutes events of defaultUnderstands applicable US and local regulations, guidelines and practicesInstitutes measures for strong control environment for business/product group.Takes a proactive approach in managing risk as appropriateManages control structure through effective use of the Risk Control Self AssessmentUnderstands businesses processes, risks and can identify control issuesUnderstands the ARR processSupports diversity by actively building and cultivating strong connections and partnerships across the business/region.'

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