Wilfred Edwards

About Wilfred Edwards

A Residential Lending Business Development Officer for the past 15 years, but with a strong background in Credit Risk Management. Specialties includes: Credit Risk Management, Portfolio Risk, Credit Loss Forecasting Experience with quantitative analysis including Delinquency and Loss Forecasting, Credit Scoring, Behavioral Scoring Model Development, Scorecard Validation, Risk based Underwriting, Portfolio Management, Line Strategies (increases and decreases), Retention Eligibility, Authorization Strategies, Reissue Policies, Risk Based Pricing and Collection Strategies. Performed analytics and Senior Management level reporting on the Total Asset Quality of the bank’s Credit Card Portfolio. Developed and presented quarterly reports to senior management and regulatory reports for OCC examinations. Used Regression, Dynamic Delinquency, Roll-Rate, Migration, Vintage, Segmentation and Trend analyses to evaluate performance of bank’s consumer loans portfolio (Home Equity Lines & Loans, Installment Loans, Direct Auto, Cash Reserves, Student Loans, Home Mortgages). Coordinated with Product Development and portfolio teams to ensure that risk appetite and business objectives are properly aligned. Liaise with Product Development team in the implementation of Direct Mail acquisition programs. Developed Quantitative Loss Forecasting Models e.g. Vintage Forecasting Model to accurately predict the effects of marketing programs, credit lifecycle, seasonality, and other trends. Roll Rate Model as a comparative tool to Vintage Forecasting to forecast financial results and developed Annual Budget and Loss Forecasts. Performed quarterly evaluations of Actual to Plan, Actual to Forecast, Forecast to Plan, making appropriate changes to Corporate Loan Loss Reserves recommendations. Performed analytics and co-managed the bank’s Consumer Lending Community Reinvestment Act (CRA) Program across the bank footprint. Co-Managed bank’s Consumer Lending Low-to-Moderate (LMI) program.

Experience

1. VP Cra Residential Lending

   Needham Bank

   Feb 2018 — Present

Education

• UMass Boston

  Bachelor of Science (B.S.), Finance & Economics

  1984 — 1990

• The University of the West Indies Cave Hill Campus

  Bachelor's degree, Sociology with Education