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INDEPENDENT RESEARCH AND RISK ADVISORY LLC

VALUE PROPOSITION:  OBJECTIVITY -  TRANSPARENCY -  RESULTS

DR. KENNETH GUSTIN, PH.D.

https://www.linkedin.com/in/kengustin


(Available on-remote or for rapid deployment on-site in any major metropolitan region within the US)

                                                                   

                                                              CCAR PROJECT DELIVERY

                                                                            AND

                          LEADERSHIP SUPPORTING THE INTERNAL AUDIT MODELS TEAM



Dr. Gustin's role on the CCAR 2015 with BCG Platinion was two-fold:  Detailed examination and review of quantitative and statistical models in Wholesale Credit and in Trading Counterparty Credit Risk, plus team leadership managing the junior consultants and providing quality assurance over their work before submission.


  • End-to-end review of Model Governance, Model Design, Implementation, Model Validation, and Back-Testing.


  • Review of extensive documentation (1,000+ pp.) provided by the Developers and by the Model Validation Group.


  • Wrote documentation for Corrective Action Plans for Internal Audit's response to the highest priority MRIA (Loan Loss Feeder Models and Umbrella Model for a total Wholesale Loan Portfolio in the range of $600 billion to $1 trillion) and on the highly impactful MRA regarding Counterparty Credit Risk, CVA model risks, and CCP risk.


  • Accompanied the Internal Audit Directors for many meetings with the Developers and with the Validators.


  • Prepared White Papers for Internal Audit regarding potentially sensitive issues that could arise when they are facing the Bank Examiners from the Federal Reserve and from the OCC.


  • Work was often praised by Internal Audit and by Quality Assurance for the high quality of technical writing which became the internal standard in the review of the execution of Corrective Action Plans, which included Design Effectiveness Assessments (DEA) and Operational Effectiveness Testing (OET).





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EXPERIENCE MATTERS.