Job Description
Citi manages one of the largest US bank-owned residential real estate portfolios (US RRE) comprising more than $100 billion in receivables. You will be joining the US RRE Servicing Risk team.
The Senior Vice President-Default Risk Management is a senior management-level position that will be responsible for (1) Risk oversight of loans in default inventory including Foreclosure, REO, Bankruptcy, SCRA etc. (2) Business unit’s adherence with Citi policies and applicable supervisory and regulatory guidelines. You will work closely with US colleagues within risk management and policy supporting both US Retail Banking and Wealth divisions on an expansive set of portfolio objectives to deliver performance aligned with Citi’s risk-appetite framework.
The role requires comprehensive knowledge of the US residential real estate industry, mortgage servicing landscape, supervisory guidelines, and applicable regulations. Expertise in the mortgage default domain including Foreclosure, Bankruptcy, SCRA, REO etc., risk management in residential real estate (mortgage, home-equity).



The position involves collaboration with global team members.
The Senior Vice President-Default Risk Management is responsible for assisting in developing and executing functional strategy in Default Risk Management, with end-to-end responsibility for results across the assigned areas. This role carries strategic influence on business operations and requires effective interaction with multiple functions and business units.
Responsibilities:
Assist in the development and management of strategies, analytics, and risk oversight of activities across the Default Servicing lifecycle including pre-foreclosure, foreclosure, bankruptcy, REO and other late-stage default populations (e.g., SCRS, litigation, etc.) for US Residential Real Estate Portfolios
Identify and escalate risk and control issues to the Director of Default Servicing Risk with transparency, in a timely fashion, and in adherence to a

📌 Portfolio Credit Risk (Gurugram)
🏢 Citi
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