Yichuan (Stanley) Cheng
Charlotte,NC
Overview
11
11
years of professional experience
Work History
Quantitative Analytics Specialist, Risk Modeling Group
Wells Fargo
Charlotte, NC
07.2023 - Current
- Rebuilt the Foreclosed Asset Expense (FAE) model from a fragmented Excel process into a unified Python-based engine, eliminating manual errors and improving auditability for CCAR practice.
- Co-Led the redevelopment of the Estimated Default Frequency (EDF) model, converting legacy Python code to PySpark and updating documentation to meet new regulatory standards.
- Developed functions and ran backtests for the moving average parts in Card Transition System (CARTS) model, covering for both the Wells Fargo's primary and Dillard's credit card portfolios.
- Collaborated with model governance and validation teams to ensure compliance with SR 11-7 and OCC 2011-12 guidelines, reducing audit findings by 30%.
- Enhanced CECL lifetime loss estimation models by integrating macroeconomic scenarios, resulting in a 20% reduction in forecast variance.
- Environment: Jupyter, PySpark, Hadoop
Ph.D Student/Research Assistant/Teaching Assistant
University of Georgia
Athens, GA
08.2019 - 08.2023
- Dissertation: Measuring the Impact of Trade on the United States: An Exposure Rate Construction Method
- Developed an exposure rate map for every County in the United States in their agricultural exports to China
- Performed an instrumental variable (IV) and two-step least squared (2SLS) model to account for endogeneity issues generated from U.S domestic demand increase in R
- Built the first-ever and innovative mapping concordance to connect the U.S. domestic production data from USDA and export data from GATS
- Research Fields: International Trade, Applied Econometrics
- Relevant Courses: Advanced Micro and Macro Economics, Mathematical Economics, Price Analysis, Advanced Econometrics
Business Analyst
U-Play USA, LLC
Virginia Beach, VA
11.2018 - 06.2019
- Developed company internal use stock/production plan/logistics management system
- Coordinated with suppliers in end-to-end supply chain management
- Managed customer accounts including Amazon, Costco and Walmart
Assistant to the Director of Compliance
Commerzbank AG
Shanghai, China
06.2015 - 08.2015
- Managed multiple projects, including an independently led evaluation of compliance programs
- Trained 100+ enumerators in banking law and restrictions
Education
Ph.D. - Agricultural and Applied Economics
University of Georgia
Athens, GA08.2023
M.S. - Statistics
University of Georgia
Athens, GA05.2023
M.S. - Agricultural Economics
Purdue University
West Lafayette, IN05.2023
B.S. - Agricultural Economics
Purdue University
West Lafayette, IN05.2018
B.S. - Economics and Management of Agriculture and Forestry
China Agricultural University
Beijing, China05.2017
Skills
- Statistical modeling
- Data visualization
- Python programming
- Quantitative analysis
- Economic forecasting
- Risk assessment
Conferences And Publications
- U.S. County-Level Impacts of China's Demand for Agricultural Exports, Cheng, Y., Adjemian, M., 08/01/22, 2022 annual meeting of American Agricultural Economics Association, Anaheim
- U.S. County-Level Impacts of China's Demand for Agricultural Exports, Cheng, Y., Hillberry, R., 08/01/18, 2018 annual meeting of American Agricultural Economics Association, Washington, D.C.
- Factors and Strategies that Influence Employment during the New Urbanization Process in China, Cheng, Y., 01/01/13, Reform and Opening, 10, 38-39
Timeline
Quantitative Analytics Specialist, Risk Modeling Group
Wells Fargo
07.2023 - Current
Ph.D Student/Research Assistant/Teaching Assistant
University of Georgia
08.2019 - 08.2023
Business Analyst
U-Play USA, LLC
11.2018 - 06.2019
Assistant to the Director of Compliance
Commerzbank AG
06.2015 - 08.2015
Ph.D. - Agricultural and Applied Economics
University of Georgia
M.S. - Statistics
University of Georgia
M.S. - Agricultural Economics
Purdue University
B.S. - Agricultural Economics
Purdue University
B.S. - Economics and Management of Agriculture and Forestry
China Agricultural University