Frank Burnett Email & Phone Number

Charlotte, North Carolina Area

Support development and maintenance of First Mortgage credit origination strategies. Partner with Risk, Policy, and Product teams to promote responsible growth by optimizing credit guidelines.1: Leading development of a market health framework that will substantially improve the Bank’s ability to mitigate elevated credit risk caused by weak economic factors within metropolitan statistical areas.2: Manage process to estimate expected credit performance associated with changes in credit origination guidelines. This process enables senior management to prioritize opportunities within the Bank’s risk appetite. 3: Identify opportunities to simplify First Mortgage credit origination guidelines without materially increasing credit risk exposure. Simplifying guidelines reduces underwriting errors and improves customer satisfaction.

Charlotte Nc

Provided governance and business expertise on the use of Allowance for Credit Loss and Stress Test models across the Bank. 1: Promoted consistency in model development practices and ensured Stress Test models have adequate economic sensitivity.2: Delivered regulator feedback and shared best practices with all modeling teams.3: Assessed model structure, assumptions, and explanatory variables from a business perspective.

Charlotte, North Carolina Area

Managed a team within Consumer Real Estate responsible for model development and maintenance, monthly asset quality routines, collateral risk assessment, credit risk measurement, database development and maintenance, program and procedure management, and ad-hoc analysis. 1: Directed the design, development, and implementation of an acquisition scorecard model for the First Mortgage product. The new scorecard remediated potential regulatory issues and provided the business an improved tool to rank order the credit risk associated with First Mortgage applicants.2: Used business knowledge and statistical tools to measure the incremental credit risk of proposed buy box expansions. Risk assessments enabled increased revenue opportunities by allowing the business to expand allowable loan-to-value limits while mitigating additional credit risk with tighter debt-to-income requirements.3: Managed the monthly origination asset quality routine for the First Mortgage and Home Equity products. This routine ensured that application and funded loan credit quality were within the Bank’s risk appetite.4: Developed and maintained data infrastructure to support business analytics. One of the databases had over 250 end users and supported the loan loss allowance process. 5: Built productive relationships across the First Mortgage and Home Equity businesses. The effective use of communication ensured analytic resources were aligned with business strategies and objectives.

Charlotte, North Carolina Area

Managed team responsible for estimating credit losses for the First Mortgage Portfolio. Partnered with the Accounting, Finance, and Servicing teams to improve the loss forecast process. Socialized loss forecast results with business and finance partners.1: Improved loss forecast by enhancing data input quality and ensuring the forecast process correctly modeled accounting procedures. Forecast accuracy improved over 80%.2: Reduced loss forecast delivery time over 50% by purchasing new hardware, eliminating manual processes, and working with vendor to optimize forecast tools. Quicker cycle times allowed additional management review and input to improve the loss forecast.3: Created crisp presentations to socialize loss forecast with the business and finance partners. Presentations provided transparency on key drivers of loss in the First Mortgage Portfolio.

Charlotte, North Carolina Area

Managed team that provided ad-hoc analysis, reporting, and data management for First Mortgage, Home Equity, and Small Business. The team supported both originations and portfolio management.1: Conducted application pipeline analysis to monitor approval, pull-through, and decline rates. Underwriting management used results as an input to improve the loan fulfillment process.2: Analyzed loan portfolios to identify high delinquency segments. Servicing management incorporated results into collection strategies in order to reduce portfolio delinquency rates.

Master Of Science (M.S.), Statistics

Bachelor Of Applied Science (B.A.Sc.), Mathematics