SUMMARY:

• A seasoned risk management professional with in depth experience managing credit, operational, litigation, model, and compliance risk quantification.
• Successfully led diverse and results oriented teams that developed and conducted analytics, processes, practices, and policies that are best in class.
• Successful at managing, implementing, and execution of end to end risk sensitive framework quantification processes for large size banks.
• Strong engagement and demonstration skills with businesses, audit, senior management, and regulators - always balancing the business objectives relative to sound practices and techniques.
• Skilled at the integration of portfolio level performance projections, and requisite controls, into a cohesive and manageable enterprise wide risk program.
• Portfolio analytics and loss forecasting across full spectrum of retail and commercial lending
• Credit review, performance monitoring, hardship programs, and loss mitigation
• Economic Capital calculations and sensitivity testing
• Basel PD, LGD, EAD parameterization for capital and Stress Testing
• Confidential modeling for capital and stress testing
• Scenario Analysis and key risk indicator development
• RCSA control testing
• Fraud analytics, testing, and monitoring across all retail level impacted products
• Product level risk profiling
• Compliance Risk - UDAAP, AML, KYC, and Fair Lending monitoring and sensitivity testing on losses and capital
• Model Risk - Full adherence to SR11-17 and OCC 2011-12
• Reputation and Legal Risk- framework and execution
• Risk Identification process
• Managed team of 14 managers and analysts
• Successful regulatory engagement
• Global rollout of retail analytics system across
• Risk Appetite framework and setting and capital assessment

PROFESSIONAL EXPERIENCE:

Confidential

Senior Vice President - Head of Risk Analytics, Cranston, Rhode Island

Responsibilities:

• Positioned in the Operational Risk Management analytics function to lead four diverse teams - analytical development, Scenario Analysis, process implementation, and reporting, production and monitoring. All modeling activities conducted internally without any outsourcing or 3rd party proprietary models.
• Directed and challenged the teams to execute the quantification with practical objectives and minimal complications. Secured Senior Management adoption with clear executive summaries with analytical transparency and trend analysis.
• Key deliverables included an Operational Risk Management Framework and Operational Risk Governance Policy to serve as the basis for stress testing loss estimation; including a baseline for budget. Policy creation and implementation of an operational risk appetite, loss budget targets, scenario planning, new product and process launches, and benchmarking of alternative Confidential techniques. Successful CCAR/DFAST submissions.
• Chairman of the Scenario Analysis Governance and Control Committee, which challenged and enhanced the Scenario Analysis to include RCSAs, Key Risk Indicators, and transparent mitigation and monitoring requirements.
• In-depth independent oversight and QA review and challenge of business unit documented operational risk processes, functions, loan operations, and procedures leading to proactive analysis to mitigate key risk exposures, root cause, and critical facts. Developed analytical capabilities to support the businesses and ensured the effective execution and maintenance of strong governance.

Senior Vice President - Head of Reserves and Impairment

Confidential, Providence, Rhode Island

Responsibilities:

• Positioned in the Risk Architecture department responsible for the wholesale and retail loss forecasting and the reserve setting strategy and process.
• This included mortgage, unsecured, auto, and full spectrum of commercial products.
• Provided senior management with flexible reserve options, insight into FASB developments, and successfully defended the bank’s reserve position with the OCC, Federal Reserve, and FDIC regulators.
• Collaborated across functions to create and implement processes that utilize impairment results; including CCAR, TDR activities, budget planning, stress testing and risk appetite setting. Forecasting processes have successfully been within 1% of actual; leading to greater flexibility and assurance of the reserve setting.

Confidential

Senior Vice President - Risk Strategy, Mettawa, Illinois

Responsibilities:

• Positioned in the Risk Strategy department with the responsibility of economic capital and stress testing.
• Primary focus included capital stress testing across all material risk types; leading to capital planning within the construct of Confidential .
• Stress tests included systematic, idiosyncratic, event based, major counterparty and reverse; requiring high level attention to detail, time management, planning skills and the ability to handle multiple competing priorities.
• Managed enterprise wide stress testing across all business lines and risk types on regular production basis; utilizing both “bottom-up” and “top-down” methods.
• Established methodological and policy governance committees that review and approve all stress testing activities.
• Aligned to the Risk Appetite structure that embeds limits relative to the stress testing results and capital supply.
• Responsible for the implementation an economic capital measurement system that meets with the requirements of Basel and the changing business landscape. Socialized the concepts of economic capital and stress testing to meet with planning requirements. This includes the perpetuation of volatility concepts, its measurements, and its implications. This involved volatility assessments, capital adequacy stress tests and Pillar 1 stress testing, as well as the uses of economic capital.

Director/Senior Manager

Confidential, Illinois

Responsibilities:

• Positioned in Corporate Credit Risk Management Department - Oversight. Key areas of responsibility include portfolio analysis, economic assessment, and loan loss vintage forecasting for each of the eight business units.
• Findings and interpretations were disseminated to senior management, treasury, investment community, and regulators.
• Created the monthly Portfolio Review, an economic and portfolio diagnostic that captures the overarching credit conditions both internally and externally.
• Created the weekly Economic Flash Report.
• Successfully developed and trained a team in Bangalore, India, that executed loss forecast vintage models.

Confidential

Vice President, Hicksville, New York

Responsibilities:

• Positioned in the Risk management department responsible for generating an ongoing outlook of the consumer credit card business.
• This outlook identified the opportunities and risks the business faces under dynamic market shifts, product life cycles, and customer composition.
• The forecast also considered the special terms programs that impact losses.
• Recommendations were made to the senior levels of management to balance business growth against imminent exposure to consumer losses.