Thomas Herold Email & Phone Number

Minneapolis, Minnesota

Model Risk Management & Risk Modeling Group (RMG)Currently manage a team of model risk professionals responsible for the following in regards to Model Development and Production:• Fostering effective working relationships with senior management and key stakeholders, maintain timely, consistent and professional communications, model a collaborative work approach, and leverage my knowledge of model development and production• Support the entire lifecycle of a model• Primary liaison with internal and external audit and financial oversight teams• Work with risk professionals to ensure proper execution and completion of all production/submission processes• Own the design and execution of all controls• Support the company’s model risk management policy

Phoenix, Arizona

• Built loss forecast models for ALLL/CCAR/DFAST based on a competing risk framework: Probability of Default (PD), Loss Given Default (LGD), and Exposure at Default (EAD)• Developed monthly vintage based Age Period Cohort (APC) and Econometric Models• Responsibilities also included presenting models to the Federal Reserve and OCC• Built credit risk origination scorecard models• Model Validation

• Developed predictive models for acquisition/customer retention• Developed risk models to accurately calculate pricing rates for new/current customers• Developed sales/revenue projections for various product lines• Developed marketing strategies to target profitable segments• Created monthly/quarterly performance reports

• Developed predictive models for sales acquisition/customer retention• Performed revenue forecasts and unit analysis• Used customer segmentation techniques to identify sales leads/opportunities• Coordinated with external list rental clients to develop predictive models for direct mail/online/catalog campaigns• Created and updated monthly/quarterly performance reports• Proposed recommendations to assist strategic sales decision-making• Assisted in on-going development of overall marketing database

• Corresponded with external clients to gather business requirements for research and developed corresponding project plans• Analyzed product and service programs in regards to customer satisfaction and customer retention• Performed competitive analysis and identified potential areas of growth• Provided recommendations for business strategy improvements based on findings of primary research

Ms-Management, Quantitative Analytics

Education record