SUMMARY:

• Award - winning Credit & Risk executive with extensive hands-on experience in Consumer & Commercial Underwriting, Regulatory Initiatives & accounting changes incl. CECL, IFRS9, FRTB, CCAR & DFAST, Credit Analysis, Risk Ratings, Modeling, Methodology, Credit Operations, Governance & Controls, Structuring, Documentation and Negotiation.
• Executed complex Risk Transformation projects incl. establishing Risk departments, developing Risk Strategy, defining Risk Culture & setting Risk Appetite & Limits in compliance with internal policy & macro-prudential regulations.
• Proven track record of building & leading multi-functional teams at startups & matrixed global organizations.
• Skilled in translating complex regulations into implementable policies & profitable business ideas.
• Extensive experience in Consumer Fair Lending Practices incl. CFPB Reg B, UDAAP and ECOA.
• Ability to develop scalable automated Credit Decisioning platforms for Fintech firms, based on Machine Learning.
• Experienced in making highly effective marketing, analytical and academic presentations on complex quantitative, financial and regulatory topics to Senior Management, Credit Committees, Boards of Directors, Central Banks, Investors and Regulators.
• Industry thought leader: Frequently invited to present at industry events; active member of industry wide advisory boards & committees.

TECHNICAL SKILLS:

• Risk Frameworks
• Consumer & Commercial Credit
• Compliance
• Modelling
• Policy Writing
• Bank Regulation
• Fair Lending Practices
• Fraud
• AML/KYC
• Executive Communication
• Leadership
• Startups
• Innovation
• FinTech
• Structuring
• Documentation
• Business & Product Development
• Negotiation
• Strategic Partnerships
• Stakeholder Engagement
• Project Management
• Data
• Analytics & Machine Learning

PROFESSIONAL EXPERIENCE:

Confidential, New York, NY

Senior Director Credit Operations

• Introduced risk-driven initiatives to mitigate losses, enhance policy, and improve processes & operational efficiency.
• Developed Loan Documentation & enhanced Underwriting Standards & Manual Review processes.
• Negotiated Credit & Operational terms & documents with Strategic Partners.
• Managed & mentored a team of 25 Credit Analysts, Underwriters, Escalation Managers & Fraud Specialists.
• Advised Product Development team on Credit & Market trends & enhanced Product features.
• Provided critical feedback to improve risk-adjusted pricing models and various submodels used to score loan applications.
• Worked directly with Risk & Finance to develop new loss estimation methodologies.
• Worked directly with Board & Executive Committee on strategic initiatives.

Director Credit Methodology - Model Development Center of Excellence

• Executed the $120Bn global Risk Transformation of GE Capital under Project Hubble.
• Developed & standardized underwriting practices. Provided oversight on Underwriting, Transaction Structuring, Overrides, Deal Approval, Limit Setting, Trigger Setting, Exposure Monitoring, Escalation, and Credit Events & Work-Out processes to deal teams .
• Partnered with BUs to identify, assess & mitigate inherent & emerging risks at the product & business level.
• Facilitated internal & external audit processes; designed & implemented governance & controls framework.
• Developed analytical framework & BU-specific SOPs, administered firmwide training on multiple product types and risk topics.
• Leader/Key Member of firm-wide Technical Working Groups focusing on CCAR compliance:
• Scenario Design Framework,
• Scorecard Design & Implementation,
• Credit & Investment Policy Design,
• Loss Given Default (LGD) Family Group - Structured Programs Modeling &
• Commercial Credit Ratings Framework (Point-In-Time/Through-the-Cycle; PD Term Structure).
• Direct interaction with independent Model Validation teams to facilitate Champion & Challenger model reviews.
• Successfully defended & brought several models to “Full Pass” status under FRB’s SR11-07 .

Director Risk Review Credit & Regulatory Risk Management

• Developed, published and implemented the CCP’s Market Risk & Counterparty Credit Risk Frameworks including Methodology, Models, and Governance policies aligned with FRB’s SR 11-10, CRD IV and Basel III standards Responsible for the Default Management process. Managed & traded the CCP’s Default Fund & Guaranty Fund. Established XVA methodology
• Executed the historically significant merger of NYSE-Euronext with Intercontinental Exchange (ICE).

Head of Transaction Structuring & Analytics (Credit Manager)

• Ran PSE&G’s 59MW Solar Loan II and 80MW Solar 4 All programs, incl. pipeline management and deal selection, pursuant to program rules and the State of New Jersey’s Energy Master Plan.
• Developed underwriting standards and reorganized Credit & Transaction Structuring groups achieving:
• Migration of portfolio Credit Quality from Below Investment Grade to Investment Grade.
• Increasing portfolio size by 101% within six months of portfolio acquisition.
• Exceeded revenue targets by more than 37%.
• Transformed Risk Strategy, developed Risk, Analytics & Governance frameworks.
• Assessed project viability incl. Energy Credits (SRECs), Tax Credits (ITCs & PTCs), Tax Equity, 1603 grants.
• Managed all internal and external audit initiatives and inquiries.

Head of Counterparty Credit Risk & Credit Research

• Led Business Development & Product Development efforts for the Community & Regional Banking sector.
• Developed scenario libraries, recommended macro-economic modelling approaches to bank Treasury functions.
• Developed & implemented pricing & valuation strategies for complex & illiquid assets.

Vice President, Credit Analyst & Portfolio Manager

• Built Portfolio Management framework, conducted sensitivity & scenario analysis for multi-asset credit facility.
• Led the development and implementation of the Basel framework for the bank’s securitized portfolios.
• Skilled in driving annual revenues, while effectively managing risk:
• Reduced the bank’s exposure to doubtful assets by 30% through forced amortizations, restructurings and deleveraging while generating structuring fees and competitive pricing.
• Increased group’s P&L by $25.3M by hedging its ABCP conduit portfolio using CDS.

Confidential

Vice President, CDO Origination & Structuring

• Worked directly with Rating Agencies, Auditors, Deal Counsel and Investors to negotiate transaction structure, validate model & methodology and subsequently get structures rated .
• Negotiated competitive pricing with monolines on negative basis trades.
• Negotiated loan documents & credit agreements with investors, accountants, rating agencies & legal counsel.
• Preserved $15M of the bank’s capital through timely liquidation of CDO warehouses and CDS hedging.