Elizabeth Cates Email & Phone Number

Washington, District Of Columbia, United States

•Reviewed and approved examiner narratives and work papers, presenting examination findings to internal / external constituencies, ranging from $500M in undercapitalized derivatives to $6B in margin defaults. •Performed cause reviews on sensitive, newsworthy, and complex issues, as well as on products with non-linear risk factors such as corporate call spreads, total return swaps, and auto-callable notes / hedging. •Served as a subject matter expert on complex products and derivatives… Show more •Reviewed and approved examiner narratives and work papers, presenting examination findings to internal / external constituencies, ranging from $500M in undercapitalized derivatives to $6B in margin defaults. •Performed cause reviews on sensitive, newsworthy, and complex issues, as well as on products with non-linear risk factors such as corporate call spreads, total return swaps, and auto-callable notes / hedging. •Served as a subject matter expert on complex products and derivatives, providing invaluable insights and guidance to support effective supervision, such as developing exam scopes for governance, derivatives, and regulatory capital. Show less

Pittsburgh, Pa

•Built credit risk department, directing small team of 7 individuals and developing / implementing credit risk policies, procedures, and practices to safeguard organization’s financial health.•Chaired Credit Risk Committee, facilitating productive meetings with auditors, regulators, vendors, and rating agencies. Communicated findings to Chief Risk Officer, ensuring transparency and accountability.•Managed credit risk limits and $100B portfolio, doubling to $200B during Great Financial… Show more •Built credit risk department, directing small team of 7 individuals and developing / implementing credit risk policies, procedures, and practices to safeguard organization’s financial health.•Chaired Credit Risk Committee, facilitating productive meetings with auditors, regulators, vendors, and rating agencies. Communicated findings to Chief Risk Officer, ensuring transparency and accountability.•Managed credit risk limits and $100B portfolio, doubling to $200B during Great Financial Crisis of 2008, resulting in minimal credit losses of no more than 1.1K counterparties, of which 80%+ were unrated. Show less

Santa Fe, Nm

Participated in a project to develop corporate Default, Late Payment, and Confidence models. Collaborated with IBM on the model platform. Presented product to clients.• Managed a small team of PhDs to develop portfolio scoring models. • Wrote the model paper on “Financial Distress” for S&P (published 2003). • Reviewed the data inputs and filters for large, complex datasets.

Minneapolis, Mn

Downsized the financial services portfolio of First Bank after the acquisition by U.S. Bank.

Charlotte, Nc

Managed 21 capital markets credit analysts at First Union. The trading portfolio quadrupled to $40 billion. KMV beta site.

New York, New York, United States

Developed and managed $12 billion capital markets credit portfolio and department. Designed credit monitoring system.

Ba, Art History

Dual Mba, Finance And International Business