Marcus Parks, Phd

Marcus Parks, Phd Email and Phone Number

Minimizing Risk and Ensuring Compliance to Drive Growth @ Oregon Health Care Association
Marcus Parks, Phd's Location
Dallas, Texas, United States, United States
Marcus Parks, Phd's Contact Details

Marcus Parks, Phd personal email

Marcus Parks, Phd phone numbers

About Marcus Parks, Phd

With a strong background in regulatory affairs, I bring a wealth of expertise and leadership experience to any project I take on. I am known for my empathetic management style, and for fostering a collaborative work environment, founded upon open and honest communication among colleagues. With vast knowledge of the rapidly transforming financial services sector, I am particularly adept at understanding the major factors affecting the industry—constantly changing regulation, globalization, and heightened competition. In my current role with Comerica Bank, I serve as the internal subject matter expert (SME) for validation of all of the bank’s risk models. Charged with oversight of the bank’s compliance with state, federal, and global regulations, I cultivate working relationships with both internal teams and external regulators. My career history includes experience in both banking and consulting, which enables me to identify problems before they arise, and to create workable solutions. If you would like to connect to discuss how we might work together to take your organization to its next level of excellence, please contact me at marcus_parks@hotmail.com.Additional Areas of Expertise:Regulatory CompliancePerformance EvaluationEconometric Modeling Change Management Testing & MonitoringTraining & MentoringMarket & Credit RiskContract NegotiationExecutive Coaching Financial AnalysisStrategic PlanningBudget OversightTeam LeadershipData Simulation Risk Assessment Due Diligence

Marcus Parks, Phd's Current Company Details
Oregon Health Care Association

Oregon Health Care Association

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Minimizing Risk and Ensuring Compliance to Drive Growth
Marcus Parks, Phd Work Experience Details
  • Oregon Health Care Association
    Home Care Provider
    Oregon Health Care Association May 2021 - Present
    Portland, Or, Us
  • Comerica Bank
    Vice President, Senior Model Validation Officer
    Comerica Bank 2015 - Present
    Dallas, Tx, Us
    Provide model validation guidance and leadership for team. Act as subject matter expert for the validation process and all risk models, including quarterly credit risk, commercial and consumer ALLL, loan pricing and exception, global macroeconomic, and the deposit beta models. Evaluate models’ performance and issue findings for continued compliance. Recommend solutions to address federal matters requiring immediate attention (MRIAs) and ensure alignment with OCC 2006 – 47 and SR11-7. Recruit, hire, and mentor junior analysts and assist with leadership recruitment.• Provided second line of defense leadership for 2015 CCAR submission. • Selected to participate in the model risk oversight and model risk management committees from 2017-2018.
  • Genpact
    Senior Manager And Consultant, Us Regulatory And Risk Practices
    Genpact 2014 - 2015
    New York, Ny, Us
    Provided consulting services to clients in the financial services and banking industries. Drafted proposals, contracts, and statements of work for presentation to the client. Selected, assigned, and delegated tasks to the project team, overseeing activities to ensure timely completion of work. • Provided onshore leadership for the third line of defense model validation for a $40B Midwest regional bank. • Led MRIA resolution validating the models used to fulfill the 2015 DFAST submission for a major financial services company• Designed the end-to-end reporting template used for ALLL quarterly report for a $20B Midwest regional bank.
  • Flagstar Bank
    Assistant Vice President, Counterparty Risk And Model Validation
    Flagstar Bank 2013 - 2014
    Hicksville, Ny , Us
    Oversaw ALLL model validation and market risk activities with team. Wrote policies and procedures for multiple departments in collaboration with legal teams and the board of directors. Drove transparency and visibility of risks from contract to trading floor processes. Analyzed and reviewed the model, inventory, procedures, and write-ups• Grew mortgage-backed securities portfolio 100% through new businesses, contracts, and volume of new trades. • Developed bond trading for excess cash on the balance sheet for 100% growth. • Streamlined processes to reduce errors and improved the time to address defaults on contracts from 15 to 10 days.
  • Fifth Third Bank
    Senior Credit Risk Analyst (Alll)
    Fifth Third Bank 2008 - 2013
    Cincinnati, Ohio, Us
    Analyzed and prepared the quarterly ALLL provision for a $100B commercial loan portfolio, including FAS 114 and FAS 5, and 5/3 acquired loans. Monitored troubled debt restructurings and off-balance-sheet accounts. Built, tested, and sustained a variety of models to assist with loss calculations, testing, and standardized documentation. • Developed the annual loss emergence period model to clear a regulatory finding.• Built the point in time portion of the dual rating model (PD/LGD).• Streamlined the loss calculation process from 30 to 3 days through automation.

Marcus Parks, Phd Skills

Financial Analysis Risk Analytics Econometric Modeling Risk Management Quantitative Risk Modeling Portfolio Management Leadership Credit Analysis Finance Credit Risk Financial Risk Banking Management Analysis Credit Loans Financial Modeling Strategy Financial Services

Marcus Parks, Phd Education Details

  • Southern Illinois University, Carbondale
    Southern Illinois University, Carbondale
    Economics
  • Southern Illinois University Edwardsville
    Southern Illinois University Edwardsville
    Economics
  • Southern Illinois University Edwardsville
    Southern Illinois University Edwardsville
    Economics
  • Sas Institute
    Sas Institute
  • Sas Institute
    Sas Institute

Frequently Asked Questions about Marcus Parks, Phd

What company does Marcus Parks, Phd work for?

Marcus Parks, Phd works for Oregon Health Care Association

What is Marcus Parks, Phd's role at the current company?

Marcus Parks, Phd's current role is Minimizing Risk and Ensuring Compliance to Drive Growth.

What is Marcus Parks, Phd's email address?

Marcus Parks, Phd's email address is ma****@****ail.com

What is Marcus Parks, Phd's direct phone number?

Marcus Parks, Phd's direct phone number is (412)-365*****

What schools did Marcus Parks, Phd attend?

Marcus Parks, Phd attended Southern Illinois University, Carbondale, Southern Illinois University Edwardsville, Southern Illinois University Edwardsville, Sas Institute, Sas Institute.

What skills is Marcus Parks, Phd known for?

Marcus Parks, Phd has skills like Financial Analysis, Risk Analytics, Econometric Modeling, Risk Management, Quantitative Risk Modeling, Portfolio Management, Leadership, Credit Analysis, Finance, Credit Risk, Financial Risk, Banking.

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