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 VP, Sr Manager - Loss Forecasting and Reporting, Risk Management

Details
Country: USA
Location: NY Long Island City
Total applied: 1

Job Type: Employee
Job Status: Full Time

VP, Sr Manager - Loss Forecasting and Reporting, Risk Management

Citigroup's story is well known - the first financial services company in the United States to bring together banking, insurance, investments and e-commerce, under one-umbrella. Our major brands are Citibank, CitiFinancial, Primerica, and Salomon Smith Barney. Citigroup's 270,000 employees manage 190 million customer accounts across more than 100 countries. As one of the largest financial services companies in the world, Citigroup is diverse and expansive - globally, ethnically and intellectually. We are proud to be recognized as one of the 100 Best Companies for Working Mothers (Working Mother Magazine) and one of the top US Companies for Asians, Blacks and Hispanics (Fortune Magazine). Citigroup is a company for people who want to make a difference, and who thrive in an environment of change, challenge and competition. Citigroup is an Equal Opportunity Employer M/F/D/V.

Senior Manager responsible for tracking, forecasting and reporting delinquencies and Net Credit Losses (NCL) for various portfolios within the Partnership Group.  Individual will be responsible for developing monthly Outlooks as well as long-term budgets based on recent portfolio performance, policy changes, pricing initiatives and collection tactics as well as current and projected economic conditions.  Sponsor monthly reviews with the Business Managers within the Partnership Group and support the monthly reviews with Citi Cards Senior Management and Global Consumer Group.  Develop monthly Bankruptcy forecast based on National Filings, percent share and average balance.  Individual will also maintain a rolling 24 month NCL forecast on all securitized receivables in support of FAS140 valuation purposes.



Excellent quantitative and analytic skills required.  Proficient in Excel, Microsoft Word, PowerPoint and Essbase.  7+ years in consumer lending portfolio accounting or loss forecasting techniques is preferred.  Bachelors degree required, Masters preferred.

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