Yuwei Chen

Lead company’s Intelligent Automation and Data Analytics offerings in Boston market. Oversee Current Expected Credit Loss (CECL) modeling practice including model implementation and model risk management.

• Validated and enhanced the P&L forecasting and budgeting model for an industry leading container lessor.
• Reviewed and challenged the credit loss forecasting methodologies and assumptions for a global financial services company in accordance with new international financial reporting standards (IFRS 9 and CECL) and Model Risk Management guidance (SR 11-7/OCC 2011-12).
• Led the implementation of a third-party CECL modeling solutions for a regional commercial bank and automated Allowance for Credit Losses (ACL) reporting and analytics processes.

In charge of financial forecast analytics, standardized reporting and data management within the Corporate Development and Planning team, which oversees Stress Testing (CCAR/HCR) and Financial Planning & Analysis (FP&A).

• Led the alignment between CCAR/HCR process and Strategic Planning within the holding company.
• Designed, developed, and implemented macro sensitivity analysis framework in the capital planning process to address an MRA from the regulator.
• Supported Credit Loss, Pre-Provision Net Revenue (PPNR) and Business Finance teams with data, analytics, and methodology development.
• Built offline processes and tools that are compatible to the cash flow engine used for SHUSA financial forecasting in support of key strategic initiatives.
• Standardized, automated, and maintained CCAR/HCR reporting processes. Improved consistency, speed, coverage and simplicity.
• Developed reconciliation process between financial forecasting data marts and key regulatory reports.
• Tracked, troubleshot, and resolved any issues with data marts used for financial reporting and forecasting.
• Worked with Technology & Operation team to improve data architecture as needed.

Responsible for model operations within the Economic Capital team, which oversaw the Economic Capital and ICAAP Analytics.

• Operated and maintained the primary Credit Economic Capital model to assess the credit risk capital for the entire banking book including loans, leases as well as securities (ABS, RMBS, CMBS, Muni bonds, etc.).
• Led the annual counterparty asset correlation model update. Over 20% impact on total Economic Capital.
• Oversaw the Credit Economic Capital feeder model inventory which contains over 60 credit risk models.