Summary
Overview
Work History
Education
Skills
Languages
Timeline
Felipe Garcia

Felipe Garcia

Miami,FL

Summary

As a key contributor at Amerant Bank, led the development and implementation of sophisticated credit risk models, leveraging in-depth knowledge of the regulatory environment. Utilized extensive expertise in Excel, SQL, Python, and R-Studio to analyze complex data sets, identifying potential risks and opportunities. Collaborated seamlessly with cross-functional teams, ensuring project success and demonstrating strong communication skills. My achievements include developing the Bank’s CECL model and establishing a robust credit risk reporting framework, significantly enhancing the bank's risk management capabilities.

Overview

18
18
years of professional experience

Work History

Senior Credit Risk Modeling Lead

Amerant Bank
09.2013 - Current
  • Steward of the Bank's Credit Risk models, including risk rating, stress testing, and CECL, among others. Ensure model documentation is up-to-date and in compliance with model risk management regulatory guidance (SR 11-7, OCC 2011-12, FDIC FIL-22-2017).
  • Regularly reviewed existing credit models for accuracy, reliability, and relevance in changing market conditions and regulatory requirements.
  • Coordinated external model validation, selecting vendors, providing required documentation and data, addressing inquiries, reviewing final reports, and resolving findings and recommendations.
  • Developed the Bank's CECL model framework, incorporating external Moody's Models (CMM, RiskCalc, GCorr, and economic forecasts) and internally developed models (LGD, vintage, prepayments, WARM, qualitative framework, and credit conversion factor). Key accomplishments include:
  • Developed the end-to-end process to calculate the Allowance for Credit Losses (ACL)
  • Developed internal models with corresponding worksheets to perform periodic factor updates
  • Established a control and performance monitoring framework
  • Collaborated with internal and external auditors, and model validators to ensure adequacy, accuracy, and proper approval of the model during implementation
  • During implementation, coordinated a multi-functional group including operations, accounting, financial reporting, external and internal auditors, and model validators to ensure adequacy, accuracy, and proper approval of the model
  • Authored a 170-page CECL model documentation covering model development, implementation, use, performance monitoring, and governance and controls
  • Demonstrated in-depth knowledge of the Bank's risk rating models, including Moody's CMM and RiskCalc
  • Led an analytics team in the development of the CCAR stress test model.
  • Reported regularly to upper management and the Board Risk Committee on the Bank's loan portfolio credit risk quality, concentrations, emerging risks, and model validation results
  • Directly interacted with external and internal auditors, regulators, and model validators, consistently fostering positive partnerships.

Credit Risk Portfolio Analyst

Amerant Bank
12.2006 - 09.2013
  • Monitored the Bank's loan portfolio credit risk, including delinquencies, concentrations, and policy exceptions.
  • Calculated the Allowance for Loan and Lease Losses (ALLL) under the incurred loss model.
  • Developed the Bank's Credit Risk reporting and monitoring framework, providing insights into key performance indicators and trends.
  • Created the Bank's Credit Risk summary report workbook, a comprehensive resource containing the loan portfolio and all other relevant data to calculate credit quality, allowance, and capital adequacy ratios. This report became the Bank's primary source for all loan portfolio-related data.
  • Collaborated with the data team to create a table for storing the loan portfolio in the data warehouse. Developed the SQL code to generate the loan portfolio, which was essential for developing the CECL model as it included over 10 years of data.
  • Developed an MS Access-based application for the Loan Review team to perform their reviews, featuring entry forms for creating and conducting reviews and a data repository to store review results.


Education

Master of Science - Finance

Florida International University, Miami, FL
12.2004
  • 3.8 GPA
  • Ranked in Top 5% of class

Bachelor of Science - Industrial Engineering

Universidad De Los Andes, Bogota, Colombia
  • Completed AP course in Statistics and Actuary Science

Skills

  • Credit Risk Modeling
  • Data and Statistical Analysis
  • Proficient in Microsoft Excel and Power BI (power queries and VBA coding)
  • SQL Programming
  • Proficient in Python and R-Studio
  • Verbal and written communication
  • Team player

Languages

English
Native or Bilingual
Spanish
Native or Bilingual

Timeline

Senior Credit Risk Modeling Lead - Amerant Bank
09.2013 - Current
Credit Risk Portfolio Analyst - Amerant Bank
12.2006 - 09.2013
Florida International University - Master of Science, Finance
Universidad De Los Andes - Bachelor of Science, Industrial Engineering

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Felipe Garcia