Brian Krum

Responsible for the credit analysis, documentation, and ongoing monitoring of asset-backed commercial paper (ABCP) programs and consumer asset-backed securities (ABS), as well as a select number of investment-grade retail, aerospace, pharmaceutical, and automotive corporate credits. ABS analysis focused on transactions secured by credit card, auto-related, equipment, and student loan collateral. Review process includes fundamental and relative value analysis as well as base and stress case breakeven modeling.

• Responsible for the credit review, documentation, and ongoing monitoring of asset-backed commercial paper (ABCP) and asset-backed securities (ABS).

• Senior member of team that managed Bank of America’s asset-backed commercial paper (ABCP) program. Responsible for monitoring collateral performance, financial stability of the seller/servicers, and compliance with transaction terms of an asset-backed portfolio. Ensured all necessary internal approvals were obtained and that closing documentation reflected agreed-upon terms. Served as primary contact between all parties for amendments, modifications, and renewals. Prepared monthly transaction statistics for senior management, ABCP investors, and rating agencies.

Member of the original team that developed and implemented procedures for newly formed Counterparty Credit Group. This group managed the underwriting, documentation, and approval of trading limits to counterparties which include broker/dealers, mortgage companies, insurance companies, mutual funds, and investment advisors. The Counterparty Credit Group also analyzed securities for risks related to the deterioration of an issuer’s market value.