Chris Knudsen

Chris Knudsen Email and Phone Number

Senior Vice President, Credit Strategies and Controls at Bank of America @ Bank of America
charlotte, north carolina, united states
Chris Knudsen's Location
Germantown, Maryland, United States, United States
Chris Knudsen's Contact Details

Chris Knudsen personal email

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About Chris Knudsen

Chris Knudsen is a Senior Vice President, Credit Strategies and Controls at Bank of America at Bank of America. They possess expertise in mortgage lending, portfolio management, analytics, risk management, banking and 18 more skills. Colleagues describe them as " I have had the pleasure to work with Chris over a span of about 4 years on several significant projects impacting our ability to accurately analyze and manage a large and highly delinquent mortgage portfolio services by third parties.  Chris's in-depth knowledge of mortgage credit risk allows him to provide solid solutions to complex issues. Chris is a strong leader and developer of talent who always advocates for his people.  He is a professional day in and day out and a master at managing competing priorities.  He has developed over his career the strong blocking and tackling techniques needed to ensure all efforts he is involved with are successful.  " and "I've had the pleasure of working with Chris Knudsen as one of his direct reports for the past 10 years at Bank of America. Chris is skilled at not only building and managing a team of qualified analysts that work well together, but also synthesizing information from his team and working with executives. He has a unique ability to delve into the weeds of an analysis, but also effectively communicate the results and strategic implications. I've worked with Chris on a wide range of financial risk analytics and initiatives; he is a critical thinker, able to glean insights from analysis and formulate strategies to achieve goals. In addition to his analytical skills, he is an excellent manager and develops strong, professional relationships with his team and colleagues. Chris would be an asset to any company, and I would be happy to elaborate on my experiences working with him."

Chris Knudsen's Current Company Details
Bank of America

Bank Of America

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Senior Vice President, Credit Strategies and Controls at Bank of America
charlotte, north carolina, united states
Employees:
250057
Chris Knudsen Work Experience Details
  • Bank Of America
    Senior Vice President, Credit Strategies And Controls
    Bank Of America 2019 - Present
  • Bank Of America
    Senior Vice President, Mortgage Risk Analytics And Reporting
    Bank Of America 2010 - 2018
    Lead a forward-thinking analytics and reporting groups in support of Home Equity, Reverse Mortgage, and Third-Party Serviced businesses encompassing financial, credit, and portfolio performance. Recruit, train, mentor, and manage a team of eight senior analysts.  Developed executive-level, end-to-end credit performance and operational analytics and reporting for high-risk, subserviced residential mortgage portfolios with balances of $46 billion in first Liens, $10 billion in second Liens, $3 billion in Reverse Mortgages, and $1 billion in Manufacturing Housing.  Created integrated data processes to collect, validate, and store data fields for monitoring the operational effectiveness of the bank’s multiple mortgage sub-servicers.  Resolved regulatory audit findings by designing and implementing data and reporting infrastructures to ensure compliance with Fair Lending, NMS, and SCRA regulations. Implemented comparative analyses resulting in the recovery of $80+ million in uncollected proceeds. Established a formalized data governance and change control framework. Ensured seamless data integration from multiple platforms for system integrity. Consistently ensured strict compliance with contractual terms and regulatory requirements. Created new KPIs and reporting tools to evaluate subservicers’ loss mitigation and liquidation strategies, resulting in shorter resolution timelines and lower loss severities.
  • Bank Of America
    Vice President - Credit Risk Strategies
    Bank Of America 2006 - 2010
    Developed a credit analytics group to monitor, analyze, and manage the credit performance of an $80-billion residential mortgage portfolio. Assessed business and technical needs and defined business goals. Recruited, trained, mentored, and managed a top-performing team of professionals.  Led development of credit performance benchmarks, investment policies and decisions, credit enhancement strategy, and economic capital allocation strategies and limits.  Generated management reports to allow Board and Executive teams to integrate analytics into business decisions by linking comprehensive changes in credit performance to economic and business drivers. Presented in-depth analysis to limit the bank’s exposure to high-risk “A minus” and subprime loans. Improved insight by increasing accuracy and depth of bank’s credit analytics and reporting infrastructure.
  • Freddie Mac
    Director, Financial Analysis
    Freddie Mac 1995 - 2005
    Developed and refined business intelligence capabilities for the Single-Family Credit Guarantee Business that informed internal performance management and external investor communications. Developed analytics to identify and explain changes in ex-ante portfolio valuations and profitability.  Implemented processes to surface performance drivers, including comparisons between realized and modeled cash flows and value changes due to interest rate movements, and created tools used by senior management to support the earnings disclosures to equity analysts.  Developed and managed requirements for the models underlying internal business management and external financial reporting.  Proactively exhibited advanced analytical talents. Communicated and explained model results to diverse business partners. Continually identified emerging portfolio risks and new business opportunities. Created user-friendly business management reporting and ad-hoc analytics tools. Profitably produced desired business intelligence via understanding of the technical infrastructure.
  • Watkins Consulting, Inc.
    Manager - Real Estate And Litigation Support Services
    Watkins Consulting, Inc. 1990 - 1995

Chris Knudsen Skills

Mortgage Lending Portfolio Management Analytics Risk Management Banking Management Credit Risk Financial Analysis Loans Fixed Income Credit Analysis Process Improvement Credit Capital Markets Financial Risk Financial Modeling Finance Business Process Improvement Business Analysis Strategic Planning Valuation Strategy Leadership

Chris Knudsen Education Details

Frequently Asked Questions about Chris Knudsen

What company does Chris Knudsen work for?

Chris Knudsen works for Bank Of America

What is Chris Knudsen's role at the current company?

Chris Knudsen's current role is Senior Vice President, Credit Strategies and Controls at Bank of America.

What is Chris Knudsen's email address?

Chris Knudsen's email address is ch****@****mac.com

What schools did Chris Knudsen attend?

Chris Knudsen attended The George Washington University, Bucknell University, The George Washington University.

What skills is Chris Knudsen known for?

Chris Knudsen has skills like Mortgage Lending, Portfolio Management, Analytics, Risk Management, Banking, Management, Credit Risk, Financial Analysis, Loans, Fixed Income, Credit Analysis, Process Improvement.

Who are Chris Knudsen's colleagues?

Chris Knudsen's colleagues are Bhavesh Parmar, Mohammed Hossain, Eleanor Harmon, Emily Kenny, Nikita Parashar, Sadullo Omonullaev, Mike Van Hook.

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