Daniel Grantham Email & Phone Number

Washington, District Of Columbia, United States

Washington D.C. Metro Area

Washington D.C. Metro Area

● Led the identification and assessment of retail credit risk at the Board while coordinating supervisory and regulatory activities with multiple Board Divisions, other regulatory agencies, and Reserve Banks. Directed special studies and projects relating to retail credit risk, including: analyzing impacts on credit losses for home-equity lines of credit nearing their end-of-draw; quantifying risks from loosening auto lending standards on U.S. banks; and, an evaluation of Non-Qualified Mortgage originations.● Managed a team of analysts for the retail credit evaluation of two firms during the 2014 Comprehensive Capital Analysis and Review (CCAR), an annual stress test conducted by the Federal Reserve, as mandated by Dodd-Frank. The review required evaluating each firm's: modeling, and model validation (PD, LGD, EAD estimation); credit risk management framework; credit policies and procedures; and, risk appetite. Made supervisory recommendations, wrote supervisory actions, and presented results to senior management.● Member of the Federal Reserve’s Risk Council, which is responsible for identifying and evaluating risk issues, as well as developing actions for remediation. Author of the Risk Council’s semiannual report to senior Federal Reserve leadership.

Washington D.C. Metro Area

● Identify and monitor trends and developments in the U.S. mortgage market through high quality, data-driven analysis. As the product manager for the Mortgage Markets’ Bureau-wide quarterly report, I produce analytical analyses and informative articles on an ongoing basis. During the first production cycle, I overhauled the report format, which Bureau leadership adopted and applied across all market business lines. ● Represent the Bureau on various working groups and interagency teams. For example, I served on the Financial Stability Oversight Council’s working group for the 2013 Annual Report. Performed analyses and wrote several sections concerning the mortgage market, while working with agency principals to advance Bureau objectives.● Serve on the Mortgage Servicing Major Complex Policy Working Group, supporting the development and implementation of mortgage servicing rules. Using large, loan-level datasets from a variety of commercial and supervisory sources, I routinely analyze the impact of various policy implications on the mortgage market. For example, I recently identified the methodology and breakpoints to quantify a small servicer exemption. ● Implement strategies to meet Bureau information and data needs. For example, I recently devised a short-term data strategy to obtain mission critical information needed to further rulemaking initiatives. I worked with commercial data vendors to bring loan-level mortgage files in house, as well as inter-agency supervisory data by finalizing MOU agreements.● Routinely present analysis to Bureau leadership. For example, I analyzed the impact to U.S. mortgage borrowers from the LIBOR manipulation scandal for senior leadership. Using confidential supervisory data, I quantified the impact and briefed the Deputy Director in preparation for a Congressional hearing.

Washington D.C. Metro Area

● Develops and leads special studies and projects related to financial institution supervision and regulation, often involving sensitive information and risk analysis● Led development of Agency forecast models for large bank credit card loss rates. Development effort focused initially on Citigroup, analyzing portfolio loss risk across foreign and domestic, regional, and sub-portfolio product types. Presented findings to Agency's on-site supervision management team● Developed statistical model to estimate changes in the value of the Available for Sale (AFS) portfolios at the four largest national banks and all U.S. commercial banks, incorporating individualized VAR measures for main securities types. Routinely modeled results used by Agency staff and senior management in Economics, Large Bank Supervision, and Capital Market Risk groups

Masters Of Public Policy

B.S., Economics