VP, Banamex Collections Strategy Analytics

Citi - Irving, TX (30+ days ago)3.9


Primary Location: United States,Texas,Irving
Education: Master's Degree
Job Function: Risk Management
Schedule: Full-time
Shift: Day Job
Employee Status: Regular
Travel Time: Yes, 10 % of the Time
Job ID: 18049816

Description

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 are widely available to all.
This position within independent Global Consumer Risk is for an analyst with an advanced degree in a quantitative discipline. The position is responsible for development and implementation of Credit Strategy and Segmentation (Collections Analytics) for Consumer Products that appropriately balances risk and reward within the Risk Appetite targets.
The Segmentation & Strategies are for driving customer collections & recovery management. The development of strategies is fundamental to driving growth in the consumer portfolios and require that policies & strategies make sense from a customer perspective, are within Risk Appetite targets, and maximizes marketing spend.
Experience and/or training required in the development and use of credit scoring models and other risk analytics in consumer lending. Experience in international markets is a plus. Responsibilities will include developing analytics based risk strategies and segmentation to efficiently & effectively utilize credit scoring models, and providing analytic support to consumer and commercial businesses in the US and in International markets (especially Citi Banamex).
Description / Responsibilities
  • Use sophisticated analytical techniques to develop customer risk strategies & segmentation schemes, profiles, and other analytically based tools for driving customer collections & recovery management.
  • Communicate policy changes and test recommendations, program approvals, MIS and performance trends with key stakeholders, senior management and external regulators.
  • Coordinate and collaborate with Policy Execution teams to ensure flawless execution of policy.
  • Understand the impacts of policy changes to operations and closely work with partners to mitigate impact. Design modules for advanced score development and analytical tools.
  • Participate in the implementation of sophisticated financial models in live operating environments within the organization.
  • Train line and operating personnel in experimental design principles, data management, financial tracking practices, and model usage and problem detection.
  • Assist internal businesses in the ongoing management and validation of their scores and score-based strategies.
Qualifications

Qualifications
  • Advanced Degree (Masters) in Statistics, Physics, Applied Mathematics, Operations Research, Econometrics, Engineering or other quantitative discipline
  • 6-8 years of work experience, with 5+ years of experience in an analytical capacity required
  • Extensive coursework / experience in quantitative analysis & statistical modeling in consumer credit risk will be a plus.
  • Understanding of consumer credit risk management preferred
  • Understanding of Consumer Credit Profit & Loss Drivers preferred
  • Excellent written and verbal communication skills, and be able to prepare presentations for executive level audience and familiarity with Power Point, Excel, Visual Basic
  • Experience in international markets will be a plus
  • Detailed-oriented, high level of intellectual curiosity and strong sense of ownership.
  • Demonstrated ability to multi-task effectively and work against tight deadlines
  • Good business acumen and the ability to connect analytics with business decisions
  • Experience with UNIX environment
  • Working knowledge and ability to communicate in Spanish will be a plus
  • Experience with Statistical Tools – SAS, SQL, Model Builder, Xeno, Knowledge Studio
  • Experience in international markets will be a plus