Stephen Hayes Email & Phone Number

Wilmington, Nc, Us

Spearhead the development and implementation of innovative data and AI strategies for 140+ financial institutions across the United States. Lead the creation of advanced analytics and AI solutions, including custom predictive models and AI-driven customer segmentation tools.Enhance model risk management solutions, ensuring robust governance and validation processes for financial institutions' analytical models. Drive the integration of data intelligence with Lenders Cooperative's Loan Origination System (LOS) and Loan Service Provider (LSP) platform, creating a unified environment for comprehensive insights.Key Objectives:• Develop and deploy custom AI and machine learning solutions to enhance lending decisions, risk assessment, and customer segmentation.• Design and implement model risk management and validation frameworks to ensure regulatory compliance and optimize model performance.• Create data-driven strategies for lending optimization, portfolio growth, and risk management.Implement analytics solutions for regulatory compliance, including CECL, stress testing, and fair lending requirements.• Provide strategic advisory services, including data-driven business strategy development and M&A support.• Position Lenders Cooperative as an industry leader in data-driven banking innovation and fintech solutions.• Drive operational efficiency and cost reduction through data-driven insights and process optimization.

Provide strategic guidance and oversight as a member of the Board of Directors. Contribute to long-term business strategy, leveraging expertise in financial services and data analytics. Helped successfully raise over $5 million in funding to support the growth and development of Lumos Data enabling continued company growth and innovation in small business lending analytics.

Co-founded Lumos Data to help financial institutions grow and diversify their small business loan portfolios with innovative data analytics and advisory services. Developed cutting-edge solutions to address critical challenges in small business lending, leveraging advanced data analytics and AI technologies with robust Model Risk Management.Key Accomplishments:• Developed the industry-leading PRIME+ small business credit score, enhancing underwriting efficiency and risk assessment accuracy for loans under $500,000.• Led the development of the Lumos Business Report, Qualification Grade and Portfolio Insights, leveraging Generative AI and Machine Learning to accelerate loan growth and improve operational efficiency.• Launched the Lumos Portal, a centralized cloud-based platform providing actionable insights for strategic decision-making in SBA loan portfolios.

Provided ongoing strategic guidance and oversight as a member of the Board of Directors. Contributed to long-term vision and growth strategies for the company, focusing on the evolution of decentralized peer-to-peer technologies for private, encrypted data sharing.

Founded and led a SaaS technology startup focused on decentralized peer-to-peer technologies for private, encrypted data sharing.Key Accomplishments:• Successfully raised $367,000 in capital to fund company growth and product development. • Established and managed all aspects of the Delaware C-Corporation, including compliance with various government entities.• Implemented Xero Accounting system, building a 160+ account SaaS chart of accounts and processing 250+ journal entries. • Developed the Financial Model, Investor Pitch decks, managed the cap table, and issued SAFE notes to investors.

Wilmington, North Carolina Area

Led a dedicated analytics team of data scientists and financial analysts, driving corporate-wide strategic decisions through in-depth business data knowledge. Developed strategic plans and financial scenarios for 50+ business units, enhancing overall bank performance.Key Accomplishments:• Created the Data Insights Platform utilizing Tableau, Python, and AWS Redshift, featuring over 100 unique dashboards with 4,000 monthly email subscriptions and 50%+ active employee engagement. • Designed the PPP Loan Process in Salesforce, facilitating $1.7 Billion in funding for 11,000 customers during the Covid pandemic.• Developed PriceAI, a machine learning loan pricing model assessing the financial profitability and risks of 4,000+ loans daily using 50+ inputs.• Prepared strategic analysis and financial materials for the company's successful 2015 IPO.• Served on the Model Risk Management Committee and implemented comprehensive model validation processes, significantly reducing model risk and improving regulatory compliance.

Chapel Hill, Nc

Designed the "Integrated Financial Model" in Excel to forecast over 35 financial scenarios, crucial for executive and board strategic planning for Health Care Reform. Developed a comprehensive membership model combining 33 disparate sources to analyze market share, demographics, and competitive landscape. Key Achievement: Received Spot Award for Strategic Work on Health Care Reform.