Clifford Rossi

Clifford Rossi is an expert in financial risk. Rossi worked for about 25 years in banking and government, holding senior executive roles in risk management at several of the largest financial services companies. His most recent position was Managing Director and Chief Risk Officer for Citigroup’s Consumer Lending Group, where he oversaw a $300+B global portfolio of mortgage, home equity, student loans and auto loans with 700 employees under his direction. He was intimately involved in Citi’s TARP and stress test activities. He also served as Chief Credit Officer at Washington Mutual (WaMu) and as Managing Director and Chief Risk Officer at Countrywide Bank.

Rossi also held senior risk management positions at Freddie Mac and Fannie Mae. He started his career during the thrift crisis at the U.S. Treasury’s Office of Domestic Finance and later at the Office of Thrift Supervision working on key policy issues. Rossi is frequently quoted on financial policy issues and has appeared on such programs as C-SPAN’s Washington Journal and CNN’s Situation Room. He is writing a book, "Fundamentals of Risk Management," for John Wiley & Sons. His interests include GSE reform, housing finance reform, bank capital issues and implications of Dodd-Frank on banking.