Manuel Cardoso
San Diego,CA
Summary
Manuel Cardoso, Chief Risk Officer
Experienced results-driven professional with over 27 years of solid experience in leadership roles. Adept at implementing strategic business plans, driving growth, risk adjusted strategies, developing talent, and improving operations. Skilled in financial and risk management, and stakeholder relations. Collaborative and adept communicator, dedicated to building and leading talented and motivated individuals. Skilled in supporting decision making and resolving complex problems with data, and securing funding in for-profit and nonprofit organizations. Strong expertise in regulatory compliance, risk management, financial analytics, and strategic planning, making significant contributions to organizational growth, profitability, and stability.
Overview
20
20
years of professional experience
1
1
Certification
Work History
Board Director
Valley Family Center
01.2022 - Current
- Spearheaded the development and implementation of comprehensive and advanced risk frameworks in organization in the US, Europe, Asia, and South America, ensuring regulatory compliance, driving risk quantification approaches, creating organizational consensus, and enhancing overall enterprise risk management
- Implemented in two organizations, economic and financial early warning indicators, and related mitigation strategies
- Leveraged international experience to bring a global multinational enterprise perspective and adaptability to risk management and financial strategies
- Co-Founded own Business Intelligence company in 2004, using OCR technology to digitalize paper-based data, transform data into databases, cleanse OCR scanned data, cross reference data across and databases and create marketing leads
- Winner of the 2023 Alfredo deHaas Excellence in Data Analytics Award at the 27th Annual CRA & Fair Lending Colloquium
- The award recognizes a banking professional who excels nationwide in leveraging data to help foster transformative change in fair lending and community reinvestment compliance
- Pioneered advanced analytics and automation to enhance fundraising activities in nonprofits and in bank community reinvestment programs, resulting in increased funding and new grant opportunities
- Spearhead fundraising efforts, professionalizing activities, and refining pitch decks to attract new sponsors
- Integrate automation and advanced analytics into fundraising processes
- Identify and secure new grant opportunities, boosting funding for counselling and educational services
- Member of the Fundraising Board Committee to strategize and implement innovative approaches for donor engagement and retention
- Professionalized fundraising activities, donor pitch presentations, enhancing automation and analytics, and discovering new grant opportunities to increase funding.
SVP, Compliance Officer
Axos Bank
01.2022 - Current
- Analytics)
- Promoted in the organization, through increasing scope and responsibilities by demonstrating leadership, driving innovation in enhancements to risk management capabilities, talent development and providing strategic vision
- Spearhead analytics, and modelling initiatives and process improvement within the Compliance Management System (CMS) using FL/CRA Wiz, SQL, Python, R-Studio, and Excel, enhancing the Fair Lending risk assessment program
- Craft and execute cross-team cooperation, mentoring team members to uphold an effective Fair Lending Program, ensuring organizational adherence to Fair Lending laws, regulations, and guidelines
- Led engagements with external auditors and regulatory agencies including OCC, supporting reviews, and closing findings
- Conduct Fair Lending monitoring of the bank’s lending portfolios across the entire loan lifecycle, from prospecting to underwriting, pricing, servicing and collections, pinpointing risk issues and implementing mitigation strategies
- Design and deploy automated API queries for website data tables, Census Bureau, FDIC and NCUA call report data
- Perform regular Fair Lending reviews and monitoring, including comparative file reviews and statistical analysis of disparities in underwriting, pricing steering, and redlining
- Drive the Community Reinvestment Act (CRA) program, data initiatives, encompassing CRA tests and monitoring
- Drove the closure of regulatory findings opened before taking the role, leading regulatory examiners to conclude that the bank’s Fair Lending program had evolved for needing improvements to being best in class nationwide
- Realized a 10% reduction in the team’s costs through process automation and vendor contract renegotiation
- Vastly enhanced the Bank’s fair lending risk assessment program, expanding the volume and quality of reporting, deepening the statistical analysis used, and driving automation of Compliance Committee reporting for the Bank
- Developed junior analysts in a Bank rotation program, during their rotation in the Fair Lending team, after which three of them decided to stay in the team as permanent employees due to the learning and growth experience they received.
REACH Homeownership, OCC
01.2022 - Current
Turnaround Management Association
01.2018 - Current
GARP Membership / PRMIA Membership
01.2011 - Current
- Languages
- English | Spanish | Portuguese
- Page 1 | 1
Board Member
Plastic Beach
01.2022 - 01.2023
SVP Enterprise Risk
01.2017 - 01.2022
- Headed a team of risk and data analysts to formulate portfolio risk assessment and monitoring strategies, enhancing Model, Vendor, Operational, and Product risk frameworks under regulatory heightened standards
- Monitored key risk indicators against established limits or thresholds
- Evaluated risks and controls for vendors and products, covering InfoSec, Cyber Security, Business Continuity (BCP), Compliance, Contractual/Legal, Fraud, Physical Security, and Systems
- Led engagements with regulatory agencies including OCC, CFPB, and Federal Reserve examiners, supporting reviews and closing findings
- Documented Asset and Liability Management (ALM) models, including EVE, RII, Deposit Betas, and Lending prepayment rates, to close model risk regulatory finding
- Developed PD (Probability of Default) and LGD (Loss Given Default) estimates for commercial lending portfolios, including CRE, C&I, and Leases
- Facilitated communication with organizational leaders to conduct risk assessments for new products, third parties, or vendors, supporting approval and ongoing monitoring programs
- Reported results and highlighted key themes to the Board of Directors, Executive Management, and CEO
- Created statistical BSA/ALM transactional test alerts for payments using SQL, Excel, and Python
- Headed the Independent Credit Review function
- Assessed $12B lending portfolio, including Consumer, Real Estate, CRE, and Structured Commercial lending
- Developed PD and LGD estimates for commercial lending portfolios, supporting CECL and ALLL compliance.
Chief Credit Officer
American Express
01.2013 - 01.2017
- Global Corporate Payments LatAm
- Managed $12B portfolios encompassing LatAm Corporate Lending and Global US Currency Trade Finance, ensuring robust risk management and compliance
- Coordinated underwriting processes and collaborated with Sales teams to drive profitable growth in new accounts, leveraging machine learning models for underwriting scores
- Developed methodology to assess financial statement fraud with ratios indicative of too-good-to-be-true scenarios
- Conducted risk assessments and analytics using SAS and SQL, developing risk-adjusted return and loss provision strategies
- Supported Fintech and SaaS vendors, talent development, growth initiatives, and merchant acquiring pricing
- Reported results and highlighted key themes to Executive Management, and the business General Manager and Country Head
- Enhanced underwriting and exposure controls, driving profitable growth in 2015/2016 with a bottom-line P&L impact of US$10M from credit loss reduction and profitable revenue growth
- Supported $300M in lending volume growth at above budget target risk adjusted returns, working collaboratively with business leaders.
Sr. Manager
Standard Chartered Bank
01.2012 - 01.2013
- Credit Risk Analytics
- Coordinated the integration of risk tools in credit approval, limit setting, pricing, provisioning for loss, and economic capital assessments
- Conducted unsecured consumer lending risk monitoring and analytics, optimizing financial performance through RoRWA, vintage review, and review of PD and LGD credit models
- Executed ARIMA stress testing models in SAS, providing comprehensive risk analysis and mitigation strategies
- Reported results and highlighted key themes to Head of Consumer Credit Risk, the Chief Risk Officer, the Head of Consumer Lending, and the Holding Company Credit Analytics Group team
- Improved Risk Adjusted Return for Personal Loans and Credit Cards by over 7% by optimizing credit risk and risk adjusted pricing.
Senior Credit Risk Analytics Manager
HSBC
01.2010 - 01.2011
Senior Risk Manager
HSBC Europe
01.2009 - 01.2010
Collections Strategy Manager
HSBC
01.2006 - 01.2008
Financial MIS Manager
Bradford & Bingley
01.2005 - 01.2006
Co-Founder, Head of Data and Analytics
BI Consulting S.A
01.2004 - 01.2005
Education
Fair Lending Expert (FLE) - Compliance
Tuscan Club University
05.2022
Certified Blockchain Expert (CBE) - Blockchain
Blockchain Council
12.2021
Certified Fraud Specialist (CFS) - Banking And Financial Support Services
BankersCollege
12.2021
MBA - Business Administration
Warwick Business School, University of Warwick
Coventry, UK07.2007
Master's - Finance
ESEADE
07.1998
Bachelor Of Applied Arts And Science - Economics
Universidad Católica Argentina
07.1997
Skills
- Operational Efficiency
- Digital Transformation
- Strategic leadership
- Executive Leadership
Certification
Enterprise and Operational Risk
Credit Risk Management
Compliance Management and BSA
Financial Analytics
Strategic Planning
Training and Development
Data Analysis and Advanced Modelling
InfoSec and Business Continuity (BCP)
Languages
English
Native or Bilingual
Spanish
Native or Bilingual
Portuguese
Native or Bilingual
Timeline
Board Director
Valley Family Center
01.2022 - Current
SVP, Compliance Officer
Axos Bank
01.2022 - Current
REACH Homeownership, OCC
01.2022 - Current
Board Member
Plastic Beach
01.2022 - 01.2023
Turnaround Management Association
01.2018 - Current
SVP Enterprise Risk
01.2017 - 01.2022
Chief Credit Officer
American Express
01.2013 - 01.2017
Sr. Manager
Standard Chartered Bank
01.2012 - 01.2013
GARP Membership / PRMIA Membership
01.2011 - Current
Senior Credit Risk Analytics Manager
HSBC
01.2010 - 01.2011
Senior Risk Manager
HSBC Europe
01.2009 - 01.2010
Collections Strategy Manager
HSBC
01.2006 - 01.2008
Financial MIS Manager
Bradford & Bingley
01.2005 - 01.2006
Co-Founder, Head of Data and Analytics
BI Consulting S.A
01.2004 - 01.2005
Fair Lending Expert (FLE) - Compliance
Tuscan Club University
Certified Blockchain Expert (CBE) - Blockchain
Blockchain Council
Certified Fraud Specialist (CFS) - Banking And Financial Support Services
BankersCollege
MBA - Business Administration
Warwick Business School, University of Warwick
Master's - Finance
ESEADE
Bachelor Of Applied Arts And Science - Economics
Universidad Católica Argentina
Enterprise and Operational Risk
Credit Risk Management
Compliance Management and BSA
Financial Analytics
Strategic Planning
Training and Development
Data Analysis and Advanced Modelling
InfoSec and Business Continuity (BCP)
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