Hao Luo, PhD (PNC)

Abstract

In the past decades models and applications of them in the banking industry have grown exponentially. Overall models, playing an important role in helping banks to make informed decisions, manage risk, and increase efficiency, have become an integral part of the financial business, within both larger and smaller banks. This presentation will give an overview of different models and tools across banking business lines and functions, statistical techniques used, model risk, and other related topics such as regulatory requirements.

Bio

Hao Luo is a Senior Vice President at PNC, responsible for independent model risk oversight and model validation across business lines and functions. His coverage has included wholesale and retail commercial products, for scorecards, Comprehensive Capital Analysis and Review (CCAR), Current Expected Credit Losses (CECL), and market risk related models. He sits in various committees and working groups for the overall model and risk system development and validation.

Before joining PNC in 2012, Hao worked at Moody’s covering commercial real estate risk rating and stress testing, and economic capital.