Joe Wang

Joe Wang

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Chief Risk Officer (CRO)
United States

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Résumé


Jobs verified_user 0% verified
  • Kafene
    Chief Risk Officer (CRO)
    Kafene
    Jan 2021 - Current (5 years 10 months)
    I spearhead the development and execution of scalable, data-driven, innovative solutions across key areas, including credit, fraud, collections, pricing, and targeting. My responsibilities span consumer and merchant modeling, strategies, manual reviews, operations (customer service & collections), and reporting.
    With a track record of significantly reducing loss rates and boosting profitability, I leverage machine learning, big data, and industry-leading innovations to drive rapid business growth and continuously improved performance.
  • OneMain Financial
    Senior Managing Director/ Risk Officer
    OneMain Financial
    Jan 2019 - Jan 2021 (2 years 1 month)
    Risk Management and Pricing Optimization for unsecured and secured(auto/powersport) personal loans across subprime and mid-prime consumers
  • JPMorgan Chase  Co
    Risk Executive- Head of Acquisition/Portfolio/Auth Risk @ Small Business card and Biz Banking Loans
    JPMorgan Chase Co
    Jan 2014 - Jan 2019 (5 years 1 month)
    As heads of the following functions across two lines of businesses, I was responsible for end-to-end credit risk strategy, process management and regulatory mitigation in business card and business banking loans to drive profitable growth with full credit-cycle view:
    --- Small Business credit card portfolio risk management
    --- Business Banking portfolio risk management
    --- Business banking graded acquisition risk
    --- Small Business credit card acquisition risk management

    Acquisition risk includes (but not limited to) approval/decline (default probability, loss given default), line assignment, pricing and loan renewal.
    Portfolio risk includes (but not limited to) line increases, line decrease, authoriza
  • JPMorgan Chase  Co
    Vice President
    JPMorgan Chase Co
    Jan 2012 - Jan 2014 (2 years 1 month)
    Vice President, Modeling/Decision Insights, JP Morgan Chase, Wilmington, DE

    Leading two highly skilled analytic & Modeling teams, I was responsible for credit Card CCAR Models (Loss, PPNR), and underwriting line optimization strategy/sensitivity models across Chase consumer and small business customers
  • JPMorgan Chase  Co
    Manager
    JPMorgan Chase Co
    Jan 2010 - Jan 2012 (2 years 1 month)
    Fraud Risk Strategy, JP Morgan Chase, Wilmington, DE

    led fraud risk analytical team, responsible for customer-based(online and keyed transactions) fraud risk strategy and high-risk merchant fraud risk control via developing brand-new automated merchant risk rules, pattern-based fraud control rules, systemic rule optimization analytical framework and second-stage approvals, etc.
    Improved payfloat strategy via developing high-risk merchant rules and fraud ring/synthetic ID rules by linkage & KNN analyses
  • American Express
    Senior Manager, ICS Credit Risk Underwriting
    American Express
    Jan 2007 - Jan 2010 (3 years 1 month)
    I am responsible for end-to-end line management model & strategies (acquisition initial line, portfolio line management): risk segment, line sensitivity model development and risk model validation, profit-driven line optimization algorithm, execution, platform design and development, performance tracking, acquisition risk break-even analysis, financial forecast and MIS design and QC .
  • American Express
    Manager, Marketing Analytics
    American Express
    Jan 2006 - Jan 2007 (1 year 1 month)
    Focus on quantitative analysis and modeling to improve marketing strategies that segments the customers by preferences, potential and engagement characteristics to optimize ROI (return on investment) for multiple marketing offers (companion, supplement, upgrade, term loan, balance transfer, insurance, etc) to maximize profit
Education verified_user 0% verified
  • University of Pittsburgh
    PhD
    University of Pittsburgh
    Jan 2001 - Jan 2006 (5 years 1 month)
  • Shanghai Jiao Tong University
    Master of Business Administration - MBA
    Shanghai Jiao Tong University
    Jan 1998 - Jan 2001 (3 years 1 month)
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