Biwei Chen Email & Phone Number

Chicago, Il, Us

Chicago, Il, Us

Boston, Ma, Us

Data remediation, Analytics/Decision Science

Providence, Rhode Island, Us

▶ Participated in statistical modeling for CCAR purpose, including model testing and recalibration. • Did data cleaning and transformation for macroeconomic indices, internal and vender data using SAS. • Developed PD/LGD/EAD models (multivariate linear or logistic regression) for commercial portfolio. • Participated in the recalibration of existing Basel models.▶ Worked with model validator to go through the model development and complete the required testing. • Explained the model purpose/assumptions/limitations, development steps, and model performance. • Did additional cross-validation, back-testing to test and assure model robustness. ▶ Helped to maintain PPNR models for retail portfolios (HELOC). • Recalibrated the model for stress-testing purpose and prepared the documents. • Used excel or Tableau to do model result visualization.

Boston, Ma, Us

• Collecting data from different resources and using SSIS and SQL to do data transformation, cleaning and database management. • Building pricing models in Excel to evaluate clients’ exposure to different risk factors, such as currency exchange rate, insurance, macroeconomic indices and changing political landscapes.• Building statistical models to predict the risk factors that feed the above pricing models. • Communicating with clients to find best solutions according to their particular situations; writing reports for each client.

Chicago, Illinois, Us

Project with CME Group• Participated in developing programs in Matlab for option pricing using Monte Carlo method.• Participated in building model for index option implied volatility surface. Analyzed the movement of this surface over times.• Responsible for database maintenance and data quality improving. Designed and programmed store procedures in SQL for data cleaning and import, which prevented human error in database by automating the process and increased the efficiency.

• Provided daily data analytics and reporting for pricing models in Excel.• Evaluated fixed income securities and credit risk derivatives using Black Scholes, Monte Carlo simulation, interest rate trees (Lattices) in Excel, in order to support the portfolio manager making decisions. • Communicated with individual investors to understand their investment preferences and risk preferences.• Made presentation to show the investors our PE funds performance and provided suggestion to the clients or potential clients.

Beijing, Cn

• Analyzed the daily foreign exchange market based on daily market data and forecasted the foreign exchange market trend using SQL and statistical tool Stata. • Worked with Bank of China internal model validation team to complete the required model testing, validation and improvement.• Participated in the meeting with one of our corporate-level clients, took the responsibility to introduce our new products and investment forecasting. Obtained millions (Chinese yuan) investment from this client. • Participated in Training Seminars as a speaker to show other staffs about new corporate-level foreign exchange products.

Beijing, China, Cn

• Participated in the United Nations Development Program (UNDP) projects.• Analyzed each corporate financial statement and find the potential risk to made assistance fund authorization.

Central, Hk

• Evalued correlation scenarios for Credit Default Swaps, Credit Default Swaptions and Credit Default Swaption Indices in spread bump and correlation bump by VBA and SQL.• Predicted credit loss curves on a quarterly basis, integrated the data preparation and modeling process.

Master'S Degree, Mathematical Finance

Bachelor'S Degree, Mathematical Economics And Mathematical Finance