Clifford Rossi


Dr. Clifford Rossi is an Executive-in-Residence and Professor of the Practice at the Robert H. Smith School of Business, University of Maryland. Prior to entering academia, Rossi had nearly 25 years' experience in banking and government, having held 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 was responsible for overseeing the risk of a $300+B global portfolio of mortgage, home equity, student loans and auto loans with 700 employees under his direction. While there 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.

Will You Friend Facebook's Cryptocurrency?

SMITH BRAIN TRUST – Who will “friend” the new Facebook cryptocurrency? Maryland Smith experts weighed in, after the social media giant’s announcement that it would launch a new blockchain-based payment service, called Libra.

They questioned the timing of the decision, forecast how Facebook might change the cryptocurrency marketplace with the strength of its 2.4 billion monthly active users worldwide, and explored what the move means for traditional banks.

Echoes of the Financial Crisis, in Drug Manufacturing

SMITH BRAIN TRUST  The crisis over tainted heart drugs made in China and sold in the United States had an oddly familiar ring to it for Maryland Smith’s Clifford Rossi.

But it wasn’t a previous medical drug crisis that crept to mind for him. “No,” he says, “my mind immediately went to, ‘Well, it’s not just about banks, this whole risk management thing.’”

Post-Crisis and Below Average: A Financial Sector Report Card

SMITH BRAIN TRUST – The Smith School's Clifford Rossi remembers pacing his office in a 41-story office tower in Midtown Manhattan, watching Citi’s stock price plunge again below $4 per share and thinking that it appeared to be teetering on the brink. The stock had lost nearly 70 percent of its value that week, nearly 90 percent since the start of the year.


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