Senior Vice President - Head of Counterparty Credit Risk and Insurance. I report directly to Wintrust's Chief Risk Officer and responsible for the independent 2nd line of defense function for counterparty credit risk as well as the management of the Company’s expansive insurance program. The fundamental goal of the Counterparty Credit Risk Oversight function is to ensure Wintrust’s credit assessment practices for non-lending counterparties (e.g. Treasury, Investment, Mortgage, Hedging as well as critical third-party vendors) remains appropriate for the size and scope of the organization and in line with supervisory guidance. Responsibilities related to Insurance Program Management include the coordination and day to day management of Wintrust’s insurance risk management program including coordination of the Management Liability, Cyber and Property & Casualty annual renewals as well as the day-to-day management of the insurance program activities.

Responsibilities include the development of a Third Party Risk Management framework of the Credit Risk and Vendor Risk Management departments to advance appropriate risk identification, assessment, monitoring, management and reporting, as well as providing guidance and assistance to these departments regarding their processes, risks, controls and related activities. Oversight of Banks, Clearing Members, Financial Market Utilities (FMU), Exchanges and Liquidity Providers. Reporting directly to the Chief Risk Officer (CRO).This position encompasses responsibilities for developing and assessing credit risk metrics, KRIs, and reporting, challenging credit-related data and internal risk ratings, providing overall guidance to the business for remediation of any regulatory or internal audit findings, developing/updating Enterprise Risk Management (ERM) procedures and policies related to credit risk and vendor risk management, issue tracking, scenario planning and analysis as it relates to credit/default risk, and other second line of defense activities.Additionally, I have been responsible for departmental hiring, budgeting, developing the monthly Enterprise Risk Management Committee (ERMC) dashboard and risk reports, as well as chair the Model Governance Committee while managing a growing staff of 12 employees.

Hired to assist the Director-Counterparty Credit to develop the newly-formed group in DFS' Corporate Risk Management department. Assisted in creating and implementing an independent oversight framework for enterprise-wide counterparty credit risk. Establish standards and metrics for the management, measurement, monitoring and reporting of counterparty risk across the entire organization. Oversee development of risk policies and procedures and ensure compliance. Develop and communicate risk appetite and key risk metrics; establish risk escalation criteria and delegated limit-setting authorities. Support company's investment strategy by analyzing Treasury counterparties, assigning internal credit ratings and investment limits, monitoring exposures, identifying policy exceptions, addressing documentation needs.Responsible for credit risk oversight of over 100 global financial institutions. Co-lead of a cross-departmental project to develop an online enterprise-wide counterparty credit risk management system (CRMS) by working closely with Discover’s Business Technology group. Provide thought leadership and analytical resources to support new corporate initiatives and special projects.Implemented the use of S&P’s Market Derived Ratings (MDRs) for nearly all of our publicly traded counterparties and developed a systematic process for monitoring MDR and share prices changes. Promoted in 2011 and directly manage one manager, a senior credit analyst and one business consultant supporting both Treasury and Non-Treasury activities and development of the CRMS system.

Responsible for the credit risk management of over 70 member financial institutions with total outstanding credit exposure of over $1.1 billion.Accurately identified and managed all assigned high-risk members which were placed into FDIC receivership within our district during 2009. Each failed member’s borrowing and collateral arrangement was structured in such a way that resulted in zero credit loss to the Federal Home Loan Bank. Developed and launched a new credit scoring model in 2008 for our member banks and credit unions which has resulted in highly accurate and timely credit risk ratings. Proactively developed and launched a weekly failed financial institutions report which highlights the effectiveness of our current credit risk management program across all failed U.S. financial institution including banks, credit unions and insurance companies. Implemented the use of Moody’s Market Implied Credit Ratings (MIRs) for nearly all of our publicly traded derivatives counterparties and member banks and developed a systematic process for monitoring MIR changes.Developed the Bank’s first insurance company credit policy and procedures which will provide the Credit Department with a structured methodology to analyze, risk rate and monitor insurance company credit risk.Involved in various strategic credit projects which have the sole purpose of increasing operational efficiency, improving and centralizing the credit risk management function, as well as the development of a warehouse lending product.Developed excellent inter-departmental working relationships that have resulted in responsive, member-centric credit risk solutions that have been instrumental in protecting the Bank from credit losses. Extensive knowledge of both FDIC and OCC bank regulatory examination and bank resolution processes.

Primary credit risk analyst within the CME’s clearinghouse. Involved in monitoring and assessing our current $1.7 billion of daily credit risk exposure across our 90 plus different counter-parties including, brokerage houses, clearing members, and settlement banks.Analysis includes a financial statement review, collateral valuation, trading volume review, and portfolio volatility assessment. Additionally we utilize various credit risk measurement tools such as Moody’s Market Implied Ratings model, a quantitative S&P Equivalency model, Credit Default Swap model and other in-house credit scoring models as part of a comprehensive risk management program.Prepare written analytical reports detailing specific account recommendations to senior level management for requests up to $1 billion in proposed credit risk exposure.Implemented a comprehensive and structured credit risk monitoring system along with specific policies and procedures to ensure complete and appropriate risk coverage from the smallest clearing firm up to the largest money center bank. Lead administrator of the CME’s self-administered $1 billion credit line facility including the reporting of all debt covenant requirements.Clearing House lead for all financial data being provided for the purposes of publishing the 10K reports.Actively involved in various senior level committees focusing on possible futures strategic acquisitions and joint business ventures. Supervised up to six risk management analysts on specific credit related projects.

Analyzed the financial risk profiles of potential new accounts utilizing proprietary debt rating and credit scoring models on companies ranging in size from Fortune 500 to Middle Market.Responsible for the management of a portfolio of assigned accounts which total in excess of $895 million in outstanding bond liability.Analyzed the financial statements of new business clients and conducted quarterly reviews of high-risk and high-exposure accounts in addition to monitoring current collateral positions and ratings trigger indemnity agreements to ensure compliance with Travelers portfolio strategies.Prepared written analytical reports detailing specific account recommendations to senior level management when requests exceed my individual authority level of $2.5 million.Experienced in the strategic turnaround of acquired bond portfolios from both Aetna and Reliance, in preparation for the acquisition of the St. Paul portfolio.Responsible for the training of new hires as well as providing for continuing education to those on our team seeking further advancement opportunities or increased authority.

Analyzed business unit performance data and assisted in the preparation of the quarterly financial Operating Review and Board Reports.Was responsible for developing monthly CNA financial summary reports which were provided to CNA's Parent Company, Loews Corporation.Assisted in the preparation of quarterly budget/forecasting reports and contributed to the Company's annual planning process.Prepared analytical reports for senior management on various financially-related issues, such as expense tracking and trend analysis and outside consultant usage.Was involved in a focus group aimed at improving the quarterly Board report process to reduce error rates and eliminate process inefficiencies.

Promoted March 1998 from Underwriter/Financial Analyst II and given a $2M authority level.Promoted December 1996 from Underwriter/Financial Analyst I and given a $1M authority level.Bound coverage for 131 accounts resulting in excess of $6M in premium for 1998 & 1999.Analyzed and assessed the financial risk profiles for the following business categories: Financial Institutions, Fortune 500, Bio-Technology, High-Tech, Initial Public Offerings, Mergers & Acquisitions, Development-Stage, Bankruptcy, Financially Distressed, Canadian Corporations, and Non-Profit Organizations.Trained both new and reassigned analysts in our Standard and Specialty Underwriting Groups.

Promoted April 1995 from OC-Level 9.Conducted examinations of nationally chartered banks to ensure safety and soundness of the financial institution and compliance with banking laws and regulations.Performed and supervised asset quality assessments and loan portfolio management reviews.Analyzed investment portfolio quality, composition, including derivative instruments.Analyzed earnings performance and capital adequacy.Prepared written Reports of Examination and presented results to the Board of Directors.Developed recommendations for future supervisory activity including the development of plans to effect corrective action.

Analyzed the financial statements of new business clients and conducted monthly reviews of high risk and high exposure accounts in addition to monitoring collateral positions and payment performance.Frequent use of domestic and international letters of credit, filing of UCC's, and commercial credit rating services.Supervised a staff of three Credit Assistants.

Retail Credit Loan Officer

Assistant Branch Manager and Retail Credit Loan Officer

Gathered and analyzed local business and economic data to help improve the City's land use utilization.

Utilized government census data to confirm and verify the statistical viewership samples used in what is more commonly known as Nielsen Ratings.