Brooks Brady Email & Phone Number

Greater Salt Lake City Area

Currently manages a team of quantitative analysts, report writers, and credit administrators who build models and tools to estimate credit losses, support sound lending decisions, and identify emerging trends across Zions’s wholesale and retail credit portfolios.Allowance for Credit Losses• Managed ACL/ALLL policies, procedures, and controls.• Developed quantitative credit loss models and qualitative frameworks.• Transitioned allowance to a PD/LGD framework.• Prepared for Current Expected Credit Losses (CECL) accounting.• Developed CCAR provision models.• Interacted frequently with regulators, auditors, and the board of directors.Risk grading• Managed all aspect of risk grading for the corporation.• Instituted regular validation and model risk management procedures.• Partnered with internal subject matter experts to modify and develop risk rating templates.Credit concentration risk• Developed templates and models to perform industry risk rating analysis.• Partnered with internal subject matter experts to assign industry risk ratings.

Greater Salt Lake City Area

Assigned internal risk ratings for large exposure corporate counterparties• Rated hundreds of public and private companies in all industries.• Utilized expert judgment and off-the-shelf risk rating models.Developed automated internal rating models incorporating quantitative and qualitative factors• Directed off-site statistical modeling team.• Coded automated user interface.• Increased efficiency and accuracy of credit analysts through tools and training.

Greater New York City Area

Lead corporate default and rating transition research• Authored S&P’s global corporate default studies (2001-2004).• Collaborated to produce default studies for ten asset classes and regions around the globe.• Trained bank risk managers and regulators to use S&P default statistics for Basel II.Developed internal rating systems for client institutions• Produced internal risk rating systems for banks base on S&P rating methodology.• Trained analysts at client institutions and developed detailed user guides.Managed S&P’s CreditPro product, an application that delivers customized default and rating migration statistics based on S&P’s and banks’ internal ratings• Doubled revenue over four years and reduced costs by over 50%.• Directed the automation of product delivery and data update procedures.• Personally trained and supported over 200 customers on six continents.

Greater Salt Lake City Area

• Consulted banks in North America and Europe, specializing in credit risk management systems, portfolio analytics, and system development.• Directed teams of programmers and mathematicians to fulfill client requests.• Developed user guides and provided training and support to clients on site.

Masters, Finance

• “The Link between Default and Recovery Rates: Implications for Credit Risk Models and Procyclicality” (2002) with Edward Altman, Andrea.

Ba, Mathematics, Economics, German

• President of University Student Senate. • President of Sigma Gamma Chi Social and Service Fraternity.

Education record