Ziwei Peng
Financial Services Consultant
Summary
Sebastian Peng is a New York-based Staff in the Business Advisor Program (BAP) as part of the Advisory Services practice of Ernst & Young LLP. He graduated from University of Michigan – Ann Arbor with a Bachelor’s degree in Economics with a concentration in Quantitative Econometrics, Financial Mathematics and Financial Accounting. He has less than 2 years of experience in Financial Service Risk Management delivering enterprise risk management, quantitative analytics, large scale regulatory implementation, financial analysis and project management.
Prior to joining Ernst & Young in March 2015, Sebastian has professional experience working in Enterprise Risk Management and Credit Risk Analytics as an intern at AIG Asset Management (AMG)
Experience
Financial Services Consultant
EY / New York Mills, NY
• Designed and implemented enhancement on certain Basel credit models used to generate inputs for CCAR/DFAST 2016 projections and their related model development analyses and documentation for a top-tier global financial services provider
• Assisted a American multinational financial services corporation with reviewing and validating its proposed new modified Economic Capital methodology and top-down capital allocation process
• Supported a top-tier global financial services provider to conduct assessment of its Advanced Internal Rating Based (“A-IRB”) methodologies for wholesale and retail credit exposures, based on the U.S. Basel III Final Rule and related regulatory bulletins, guidance and expectations
• Engaged to redevelop the Allowance for Loan and Lease Losses (ALLL) models (including quantitative and Q&E) for all client portfolios and support the implementation (e.g., parallel run) for a top-tier global financial services provider
• Performed requirements analysis (FR Y-14A, FR Y-14Q and 2015 CCAR General Instructions) and developed detailed traceability matrix to map requirements to Global Market Shock (GMS) components, owners and sections of the table of contents for Trading and Counterparty Credit for a top US investment bank
• Tasked with performing testing related to verification of the design and operating effectiveness of the controls throughout the end-to-end Basel Independence Verification process across business, operations and technology functions for a American multinational financial services corporation
Education
University of Michigan, Ann Arbor
Bachelor's of Arts / Economics , Financial Mathematics , Accounting
