Howard Hao Wang

Experience

1. Managing Director, Head of Credit Risk Modeling and Analytics

   State Street

   Nov 2023 — Present · New York, NY, US

   Lead quant modeling team to develop PD/LGD/EL models and to provide quantitative support to credit risk analytical processes including CCAR, CECL/IFRS9, BASEL and ICAAP- Lead quant modeling team to develop credit portfolio risk models for economic capital- Lead quant modeling team to develop models to meet the model use requirements; Review and verify key model assumptions with model owners; Review model outputs with properly justified opinions and judgments by experts from credit risk managers to capture forward-looking financial market and macro-economic outlooks- Implement internally developed models on risk analytical library platform; Streamline the existing modeling and analytical process; Increasing the pace of execution to meet the needs of the business- Effectively manage a quant modeling team of mid-level managers in a hybrid environment to deliver results- Work in close partnership with the three lines of defense functions, including model governance, Corporate Audit and Financial Regulatory Assurance to ensure appropriate governance and control infrastructure for credit risk analytics- Review and enhance credit risk analytical methodology including modeling choices in line with expanding business and regulatory requirements. Prepare and present required reports/reviews to model risk management, senior management and global regulators

Education

• Columbia Business School

  Master of Business Administration - MBA

  2019 — 2021

• Xi'an Jiaotong University

  Master's degree, Set-Valued Stochastic Processes

  1989 — 1992

• NYU Stern School of Business

  Accounting and Finance

  2009 — 2009

• University of Illinois Chicago

  Doctor of Philosophy (Ph.D.), Generalized Linear and Non-linear Mixed-Effects Models, Generalized Estimating Equations (GEE)

  1992 — 1998

• Shaanxi Normal University

  Bachelor's degree, Mathematics

  1983 — 1987