Lead the ERM team responsible for quantitative risk management oversight and research at BECU. Team contributes regularly to several key management committees. Frequent presenter at Board Finance & Risk committee. Partnered with HR to create the H1B pilot program, providing access to an additional talent pool for the credit union. Expanded scope and strategic vision of the department to encompass several areas as detailed below:• Market Risk Managemento Oversight of firmwide market, interest rate, and liquidity riskso Development and deployment of Economic Capitalo Co-Chair Balance Sheet and Capital Modeling Councilo Coverage of MSR and other fair value portfolios; annual review of modeling assumptionso Support Treasury use of derivatives and hedging strategies• Model Risk/Validation programo Built the program for internally-conducted model risk validations, effectively eliminating reliance on external vendors, increasing cost savings and retaining intellectual capitalo Perform and supervise independent validations of all models, including those related to Capital Planning and Stress Testing (CPST) and Credit Expected Credit Losses (CECL)o Implement governance policies and structures for model risk best practices; incorporate guidance on validation for AI/ML modelso Establish and monitor model performance monitoring guidelines and benchmarkso Manage and track the findings remediation process through Archer• Treasury Counterparty Credit Risk Managemento Establish the framework and maintain governance of the program with a Board-level Policy and Standardo Perform independent onboarding and annual review of counterparties in support of Treasury initiatives, including use of Derivatives (bi-lateral), Broker/Dealers, Clearing Houses, Security Issuers (Investments), and TBAs• Quantitative Research, notable work projects includeo Climate Risk Analysiso Quantify Risk Appetite and Capital Adequacy for the institution

Additional functions include Market Risk, Counterparty Credit Risk, and Quantitative Research

Build and establish enterprise-wide model risk function and oversee ongoing assessment of model risk exposure and best practices.

Co-teach course: Risk in Financial Institutions (graduate-level course)Core topics include:• Market Risk (duration, convexity, VaR, Expected Shortfall)• Operational Risk (establishing Risk Taxonomy, setting Risk Appetite, developing an RCSA program and linking with KPIs and KRIs)• Model and Liquidity Risk Management

Provided technical support and expertise for internal audit review of complex financial models. Worked with senior management to set up a model risk governance working group.

Led and developed bank’s model validation and model risk function. Established risk-related policies and procedures. Chaired model risk oversight subcommittee and served as member of Risk Management Committee and Bank Leadership Team.• Built new model risk function, governance structure, and team which brought model validation capability in-house, with $500k in annual cost savings.• Remediated existing Matters Requiring Attention (MRAs) related to model risk from Federal Housing Finance Agency (government regulator). No additional MRAs or findings related to model risk were identified by regulators during tenure.• Served as FHLB System Chair for model risk/validation, which involved coordinating 12 Federal Home Loan banks and acting as liaison between regulators and senior executives.• Identified previously undetected error in third-party vendor software. Diplomatically engaged with vendor to gain agreement, avoiding subsequent errors.

Provided market risk coverage for equity, fixed income, mortgage, and foreign exchange investments. Performed Value at Risk (VaR) and stress test analyses for Chief Investment Office.• Developed automated MSR VaR and Stress models and risk reports for $8B asset, improving operational efficiency from half-day manual process to 10-minute daily run.• Constructed trading and portfolio analytics and VaR scenario analysis.• Leveraged tools and resources from Investment Bank to improve analytics and risk reporting.

Managed quantitative market risk analytics group. Developed enhanced risk reports. Analyzed daily risk positions, coordinating with traders when appropriate.• Collaborated with multiple business lines to establish daily risk reporting and analytics.• Guided teams (risk and IT) to improve operational processes, new analytics, and QA.• Created new paradigm for overnight batch processing of risk measures, which involved working with IT to test and reconfigure server CPUs, and determining portfolio split for more efficient processing. Resulted in significant infrastructure savings and allowed existing hardware to operate in timely fashion with increasing portfolio size.