Fred M. Email & Phone Number

Buffalo, New York, United States

Commercial Credit Risk Oversight Analysis

LIBOR Transition

• Manage team in the balance sheet strategies team; conduct data-driven analytics and modeling for senior and executive management to optimize and improve the bank’s balance sheet, earnings and capital efficiency.
• Examined ways to optimize capital and reduce bank’s credit risk exposure via financial engineering.

Buffalo/Niagara, New York Area

• Designed and collaborated on the implementation of an automated framework for net interest income (NII) forecasting through effective use of SQL and QRM for both the Stress Testing (CCAR) and Asset-Liability Management.
• Co-led a team to assess the Asset-Liability Management (ALM) process for pain points, accuracy, and efficiency and provided recommendations and improvements. Collaborated directly with the Treasurer and the ALM team.
• Led cross-functional change by orchestrating the implementation of Andrew Davidson & Co.’s LoanDynamics (LDM) residential prepayment model for the bank’s CCAR, ALM, and liquidity practices.
• Directed the development of a streamlined process in collaboration with Accounting Policy to measure and manage mark amortization risk from a $25 billion acquired residential mortgage portfolio.

• Managed the NII forecast process for CCAR exercise for both the bank and a pending acquisition.
• Certified that the process was ahead of regulatory guidance and expectations.

Buffalo/Niagara, New York Area

• Oversaw the modeling of an $8 billion discretionary portfolio of credit-sensitive securities (sub-prime RMBS and CMBS) for valuation, CCAR, and OTTI analysis.
• Directly reported to executive management with quarterly results and analysis.
• Collaborated with the team to develop an operational risk model through utilization of an Loss Distribution Approach (LDA) approach.

• Piloted the development of credit risk models, including a stochastic delinquency transition model, Probability of Default (PD), Loss Given Default (LGD), origination scorecards, and deposits overdraft limits.

The Management Development Program (MDP) represents M&T Bank's strong commitment to developing new managers for the M&T of tomorrow. The MDP offers recent college graduates an intensive one-year training program designed to develop technical and leadership skills.

• Streamlined sales process and focused direct marketing efforts to increase sales volume of tutoring courses by 65% in the first year.
• Audited past course sales to find uncollected funds, and improved cash flow timing.
• Initiated and implemented efficient methods to achieve company goals. Implemented student database, setup a customer relationship management solution, created processes to improve other company functions.

• Reviewed loan applications to correct errors, and reduce the number of rejected applications by 90%.
• Followed up with customers to renegotiate applications that would have been rejected.

Master Of Science (Ms), Professional Applied And Computational Mathematics

Bachelor Of Science (Bs), Applied Mathematics

Activities and Societies: HIPERC (High Performance Computing) Club

Electrical Engineering

Activities and Societies: Eta Kappa Nu Zeta Pi Chapter

Associate Of Science (As), Liberal Arts; Math And Science

Activities and Societies: Golden Key Honor Society: Phi Theta Kappa