Thimothy Oke, PhD

Summary

Risk Management and financial industry professional with an exceptional quantitative and financial background. Combining rigorous financial engineering and deep understanding of business intelligence, in order to drive superior economics. Design and implementation of complex and integrated enterprise-wide programs on time and on budget.

Extensive interaction with clients/vendors in design, development, implementation and integration, maintenance and management of various quantitative and risk platforms, trading algorithms, transformational strategies, and change management deliverables at franchise level, business line level, portfolio level as well as product level.

Solid industry leadership credentials sustained by hands-on expertise in banking (retail, commercial, investment), payment services (credit cards, online payments), wealth management, supply chain management (media, telecom, avionics, pharma), government, health care economics research, environment, eco system and climate risk research.

Skills: Advanced financial and statistical models (MMM, Customer Cluster/Sampling/Survey analyses and research, PCA, Time Series Predictive Models, Machine Learning/Neural Nets/Pattern Recognition/Forecasting/AI, Survival Analytics, Optimizations). Big Data and ETL. Risk Control and Self-Assessment (RCSA). Programming: SAS MRM/WORKBENCH, SAS CPNM, MINITAB, STATA, EVIEW, IBM SPSS STATISTICS/MODELER, IBM C&DS, ORACLE FINANCIAL SERVICES, R, SQL, Python, C++, Infrastructures, and IT integrations.

Competencies: BHC/IHC Stress Testing; CCAR/DFAST (SR11/12 -7, DFAST-14A, IFRS 9/CECL, FR Y-14A/Q/M.); risk platform and big data governance/integration/lineage and taxonomy (BCBS 239); customer segmentation; credit cards; home/commercial loans/mortgages; structured products; JIRA/Agile; Enterprise Risk Management and RCSA (Credit/Counterparty/Market/Operation/Liquidity) at the major 3 Lines of Defence (Business & Model Dev., Model Validation, Internal Audit); fraud analytics and prevention; Basel III RWA; (BSA/AML/KYC/OFAC); IT governance; PD/LGD/EAD/ALLL, economic capital, Basel II/III; VaR/CVA/FVA; model validation and audit SDLC; business development, budgeting, CRM.

Extensive international collaborative works. Excellent communication skills, fluent in more than 5 languages. Published in prominent industry and scientific journals - https://www.researchgate.net/scientific-contributions/10168701_Thimothy_Oke

Professional Experience

August 2014 – Present

Meganalytics Inc. New York, NY

Clients: Major Financial Institutions: CITI Bank, DTCC, Apple Bank for Savings, BBVA USA, Bank of Montreal USA

Grant Thornton (Oct 2023 – Present): Sr. Consultant MRM Audits – Model Dev., Gov., Compliance, Implementation, Use, Internal Audit and Regulatory Issues, Model Validation. Risk Controls Design/Effectiveness Testing (TOD/TOE), Reporting. Tools: SAS, R, SQL

FORVIS (Oct 2022 – Mar 2023): Sr. Consultant in MRM: Model Validation, Audits, Compliance and Governance. Tools: SAS, R, SQL, Python

Bank of Montreal (BMO) USA (Oct 2021 – Mar 2022): Sr Consultant - Oversight of UAT for BASEL III RWA implementation for Credit Risk, Market Risk and Operational Risk (Standardized and Advanced approach output comparisons and analyses). Oversight of UAT for CECL implementation. Tools: SAS, R, SQL, JIRA/Agile

BBVA USA (Oct 2019 – Jul 2021): Sr. Consultant in MRM: Validation, Audits, Compliance and Governance. Automation of business and risk control processes and define quality assurance metrics for reporting in all financial instruments. Assessment of BASEL III RWA approaches and applicability. Tools: SAS, R, SQL, Python, JIRA/Agile

Apple Bank for Savings (Oct 2017 – Feb 2019): VP ERM – Head of Model Risk Mgmt. Dept. (MRM – Model Validation, Governance and Compliance): SAS, R, SQL.

-Oversight and management of Apple Bank’s Model Risk Management program, consistent with the Bank’s risk appetite, and direct report to the Bank’s Committees, the Board of Directors, Internal Audit and Regulators on MRAs (Fed/SEC/FDIC/OCC).

-RCSA program implementation, as SME in Analytics/Data/KRI. Define standards for risk assessment, control and testing for reporting in all departments. Total exposure: more than $11 Billion. CDE//Industrial/Corporate and Commercial Lending; Aircraft/Lessors; Sovereign and Interbank Credits; ALM, Liquidity, BSA/AML, and Treasury models.

-Change management deliverables assessment and impact analyses

-The Bank’s CECL roadmap, implementation, infrastructures, and IT integrations.

Citi Bank ((Aug 2014 – Jan 2015) / DTCC (Mar 2015 – Dec 2015):

-Implementation of complex enterprise-wide programs (Stress Test, CCAR, Basel II/III, DFAST, Economic Capital, Data/Big Data Solutions and Warehousing, Risk Platforms).

-Model Risk Governance, Policy and Procedures, PMO, company-wide preparedness before various regulators exams and supervision by The Federal Reserve/FDIC and SEC.

-Leads life cycle of key functional areas of various enterprise-wide projects, reporting to enterprise Councils and Sr. Managements (IT, infrastructures, and model methodologies).

Tools: SAS, R, SQL.

October 2013 – August 2014

GE Capital, Norwalk, CT

Sr. Professional Band, Model Validation and Analytics

GE Capital Global Retail/Commercial and Wholesale Models (including more than 30 countries). Model Validation Lead

Model Validation and implementation of third-party solution suites (SAS CPNM, ORACLE FINANCIAL SERVICES, IBM SPSS MODELER and TERADATA). Tools: SAS, R, SQL

November 2011– September 2013

Discover Financials, Stamford, CT, Cablevision, Bethpage, NY

Sr. Principal, Business Process

Liaise between Risk, Tech, Finance and Treasury for assessment and implementation of Risk Governance Framework. Point of Contact for Internal and External Auditors. Tools: SAS, SQL

Enterprise Risk Infrastructure (ERI) assessment and implementation. Validation of multi-layers pricing models, as well as in-house Rating and Share metrics vs Nielsen’s GRP and TRP.

January 2010 – November 2011

The Capital Market (CAPCO), New York, NY,

Clients: Major Financial Institutions, Fannie Mae, BNY and Federal Home Loan Banks

Sr. Consultant, Risk Management and Business Process

Fannie Mae:

-Credit risk, MBS portfolio re-pricing, cash flow and reserve valuation. Data lineage/warehouse/architecture design and implementation. VaR/CVA/FVA.

-Design and implementation of UAT for Guarantee Assets and Guarantee Obligations for Credit Works, representing more than 40% of total US MBS portfolio. Tools: SAS, SQL

Bank of New York Mellon (BNY): Design and Implementation of Risk Assessment and Control system for entire franchise operations.

Others:

Executive Director: Globicus International, NY, NY. Manager: American Express, NY, NY. VP: JPMorgan Chase, Columbus, OH. Product Development: i2 Technologies, USA. Research Fellow: Uppsala University, Stockholm School of Economics, Karolinska Institutet, National Board of Health and Welfare, SWEDEN

Education

- PhD, Statistics – Uppsala University, SWEDEN

- Master of Social Science: Business Administration and Economics

- BSC: Business Administration and Economics

Publications:

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