Kris Walters Email & Phone Number

Los Angeles, California, Us

Chiyoda-Ku, Tokyo, Jp

• Successfully transitioned capital-related CCAR processes from evolving state to business-as-usual; no increase to headcount, achieved annual expense reductions for four consecutive years, no adverse regulatory or audit findings in areas owned• Member of Culture & Employee Engagement Council & Mentoring Program; created new initiatives to improve satisfaction and promote training & development opportunities; mentor to Finance, Risk, and Audit personnel• Lead CCAR contact for regulators and internal audit, for Horizontal Capital Review exams, interfacing with FRB, OCC, & FDIC and all internal stakeholders on Capital Planning regulatory efforts• Represented the institution with industry advocacy groups' Capital committees• Lead CCAR contact for regulators/internal audit, for Horizontal Capital Review exams, interfacing with FRB, OCC, & FDIC and all internal stakeholders on Capital Planning regulatory efforts• 2017 Culture of Excellence award recipient for Enhanced Prudential Standards and IHC formation• 2016 Culture of Excellence award recipient for Agile implementation of RWA & Capital forecasting system• Own delivery of Executive Summary, Stress Testing Results, and Capital Adequacy sections of Annual Capital Plan related to capital actions, RWA and Capital forecasts• Member of Capital Management Committee and Capital Rule Interpretation Subcommittee; regular presenter at ALCO and Board of Directors• Expertise in Regulation Y / 12 CFR 225 (Capital Planning), 12 CFR 252 / Reg YY (Enhanced Prudential Standards), 12 CFR 217 / Reg Q (Capital Adequacy)• Managed team of 4-8 direct reports & subcontractors remotely across geographies, including areas of RWA & Capital, Capital Planning, SR 15-19, Quarterly CAP Reporting, CCAR/DFAST Stress Testing Review & Challenge, industry-wide DFAST results analysis• Led execution of subordinated debt redemptions, trust preferred redemption, dividends, and share repurchases after securing FRB approval

San Francisco, Ca, Us

• Managed engagement to upgrade the Bank's Basel III RWA & Capital forecast tool to accommodate changes to FR Y-14A schedules• Responsible for forecasting and reporting of Basel III RWA & Capital results for CCAR submission across Baseline and Stress scenarios, including Standardized RWA & Capital Summary schedules, Standardized & Advanced RWA & Capital Transition schedules

San Francisco, Ca, Us

• Design and implement a bank-wide RWA & Capital Consumption framework and capability - allowed top-of-house holding company Basel III RWA & Capital levels to be attributed to individual Lines of Business to facilitate Return on Allocable Capital results at the LOB level• Delivered RWA reduction initiatives for several products by securing unconditionally cancelable treatment for off-balance amounts• Provide RWA & Capital impact analysis for "New & Complex Products & Transactions" and report results to CFO and CAO - including, for example, total return swap, renewable energy tax equity transactions, commercial credit card exposures, synthetic leases, etc.• Authored Capital Contingency Plan for the Bank's 2014-2021 CCAR submissions - identifying potential capital remediation actions to address stress testing results, drafting capital plan content, preparing Board of Directors materials• Transformed the CCAR Capital Contingency plan from a one-page qualitative discussion to a more data-driven “Capital Contingency Toolkit,” providing a basket of potential capital remediation actions aligned with Regulatory “Range of Practice”• Prepare quarterly Available Capital to Economic Capital (AvC:EC) reporting for the Internal Capital Adequacy Assessment Process (ICAAP)• Improved bank capital ratios by replacing non-bank subsidiary equity with debt, providing the holding company with additional capital to contribute to the bank subsidiary

San Francisco, Ca, Us

• Determine, report, and forecast the bank's capital ratios at the enterprise level: - Under Basel I, II, & III - Including both risk-weighted assets & regulatory capital - Under baseline, stress testing, and acquisition scenarios• Presented Basel II Quarterly Results and FFIEC 101 analysis to the bank’s executive team, including the Treasurer & CFO• Perform ad-hoc financial analysis on all aspects of the bank’s financials, including capital levels, commercial lending, residential lending, ALM investments, derivatives, leveraged lease, tax equity, equity, and communicate results to SVP level and above• Forecasted 4-year baseline capital ratios across the bank under Basel II for annual capital plan submission (CapPR & CCAR)• Modeled financial impact of wholesale downgrade scenarios, stress testing scenarios, and double-default scenarios on Letters of Credit (LCs) and syndications• Managed acquisition integration projects to bring six acquired target firms into the bank’s existing Basel II AIRB processes, and authored Finance’s “Basel Acquisition Playbook” deliverable, encompassing all accounting, finance, & technology activities• Performed ROA, regulatory capital breakeven & sensitivity analysis on new Credit Default Swap (CDS) program under both Banking book (qualified CRM) and Trading book (OTC Derivative) Basel II provisions• Built an Excel-based model for projecting RWA & Capital impact of Annual LGD Re-Calibration process across all C&I lending• Owned and implemented all Basel II aspects of the bank’s new Credit Default Swap (CDS) and Total Return Swap (TRS) programs and authored Finance’s “Basel New Product Playbook” deliverable, encompassing all accounting, finance, & technology activities• Developed and deployed new analytical tools & supporting processes for New Product rollouts and Acquisition Integration • Owned & implemented all Basel aspects of the bank’s new Supply Chain Finance/Reverse Factoring offering

Forecasted consumer credit losses associated with two portfolios of Home Equity loans with balances of $100B+. Performed quantitative analysis to assess credit risk effects of rapidly evolving loan modification programs. Delivered analysis to Finance & Accounting as primary input into the allowance for loan & lease losses (ALLL). Managed and maintained multiple Home Equity models used to forecast probability of default (PD) and loss given default (LGD). Represented department during strategic financial planning process. Increased forecast accuracy by 15%+ by expanding the scope of quantitative models to provide loss forecasts tailored to multiple loan modification programs Created KPI’s & constructed “Executive Credit Quality Metrics” flash report for three mortgage portfolios (totaling $400B) Collaborated with senior management to effectively prepare for a two-week FDIC special examination of Bank of America’s second lien reserving, loss recognition, and loss mitigation practices Managed monthly forecast model to deliver probability of default (PD) & loss given default (LGD) to allowance for loan & lease losses (ALLL) Led extensive effort to obtain approval for four improved quantitative models from Corporate Model Governance group

Delivered strategic recommendations to Consumer Real Estate Executive team, with a focus on fact-based issue analysis and “telling the story” for an Executive audience. Delivered quantitative impact analysis of Basel III capital requirements’ treatment of mortgage servicing rights (MSR’s) on industry balance sheets. Conducted valuation of a strategic partnership with $10B annual revenues, including development of net present value (NPV) model for 25,000 annual loan originations and associated servicing rights; presented exit and restructuring alternatives to executive team.  Armed senior executive team with near real-time information & estimates about the impact of Basel III capital constraints on the firm’s balance sheet, as the industry received changing information about the new requirements Enhanced the firm’s advantage in negotiating the extension of a strategic partnership by developing a new, and significantly more accurate, financial model for evaluating the net present value (NPV) of the deal Sized markets & presented recommendations for potential mortgage joint ventures within the financial services industry Equipped senior executive team with competitive analysis on the threat of mortgage REITs, private equity, & other new entrants to the mortgage servicing industry Partnered with Home Equity executive to craft long-term product strategy, incl. opportunity analysis, critical success factors, channel financials, & initiative prioritization Assessed impacts of a range of GSE reform scenarios on lender balance sheets, secondary market liquidity, & market size

Austin, Tx, Us

GMAT 750; Hicks, Muse, Tate & Furst Private Equity Finance ScholarshipGPA 3.6Completed all requirements for 3 concentrations 1. Private Equity Finance 2. Corporate Finance 3. EntrepreneurshipDelivered 2 projects: 1. "Capital Strategy" to CFO/Treasury, American Eagle Outfitters 2. "Injury Prediction Models" to GM, San Diego Padres

Armonk, New York, Ny, Us

• Responsible for staffs of 12-75, and overall P&L ownership for consulting engagements from $4M to $25M, including budget, P&L forecasts, client executive relationships, project team, and vendor selection • Orchestrated the largest project P&L turnaround in 90,000 employee division in 2007; recorded 19.7% gross profit at year-end • Unified a 100+ person project team in first 90 days; restored customer confidence, and increased project revenue from $0 to $1.4M• Noted in annual review for "delivering the single most important accomplishment of the division" by VP of Services, North America• Earned first IBM customer reference after acquisition of new product by delivering $4.5M first-of-kind project on-time & on-budget• Sold $2.4M in follow-on business, a 109% increase in contract value, by partnering with client COO to create custom solution• Managed two engagement direct reports that received national award recognition for their project contributions• Received 2007 "Outstanding Services" award (3 in 90,000); identified as 2008 "Top Talent" for global executive pipeline (<2% empl.)• Built & executed on financial estimates, project plans, & financial milestone-driven contracts• Tasked with reviewing proposed contracts up to $5M for projected profitability

Armonk, New York, Ny, Us

• Served as team lead on client-facing services engagements. Designed & implemented process solutions, collaborated with field sales to author and present RFP responses, solutions, and contracts. • Pioneered delivery method to increase project profitability by creating & evangelizing new solution of 35+ knowledge capital assets• Reduced annual telecom costs by $228K, a 25% reduction, by leading design and adoption of new workflow process for Toyota Motor• Led an assessment of IT operational processes and presented findings to client CIO, resulting in $15M increase in services• Received "Service Excellence Award" for contributions to an $800M outsourcing contract win, largest signing for division in 2006

Founded corporation, negotiated services contracts, and oversaw billing, payroll, & tax processes. Provided process architecture, technology architecture, and dashboard reporting services for service level agreements associated with outsourcing & off-shoring operationsExceeded first year revenue goals by 15% in first nine months of operations; oversaw contracts, billing, payroll, & taxes Created new set of IT Metrics for recently outsourced international call center; partnered with management to implement

Provided client-facing consulting services, charged with maximizing utilization and identifying new business. Received 1 of 3 "Top Billable" awards in 2003. Upgraded & maintained IT Service Management systems, creating business intelligence reporting suites for IT operations and IT Asset Management processes. Created reports to forecast total cost of ownership of hardware investments.

Improved client’s ROI on Technology resources with process optimization & technology consulting

Us

Created & maintained project management documentation. Gathered business requirements, created testing & training materials and led user groups in training and testing exercises.

Mba, Finance & Private Equity Finance

Ba, Math/Statistics

Education record