Peter B Vechnak

age ~50

from Charlotte, NC

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Also known as:

Peter Bennett Vechnak
Peter R Vechnak
Peter M Vechnak
Peter E Vechnak
Peterb B Vechnak
Peter B Vachna
Peter Vechan
Peter K
Zana Marie Glover
Zana Glover

Phone and address:: 5703 El Campo Ct, Charlotte, NC 28277
7042467841

Connected to:

Peter Vechnak Phones & Addresses

5703 El Campo Ct, Charlotte, NC 28277 • 7042467841
112 Harrison Rd, Winter Haven, FL 33884 • 8633243751
Lakeland, FL
Brandon, FL
State College, PA
Irving, TX
Westmont, IL
Columbus, OH

Work

Company:

Bank of america
Sep 2010
Position:

Svp - quantitative operations manager

Education

Degree:

Doctor of Philosophy (Ph.D.)
School / High School:

Penn State University
1996 to 2000
Specialities:

Economics

Skills

Financial Risk • Portfolio Management • Credit Risk • Credit Cards • Credit • Risk Management • Analytics • Banking • Analysis • Credit Analysis • Financial Modeling • Retail Banking • Strategy • Mortgage Lending • Financial Services • Loans • Sas • Financial Analysis • Commercial Banking • Relationship Management • Finance • Statistical Modeling • Commercial Lending • Fixed Income • Process Improvement • Valuation • Project Management • Predictive Modeling

Industries

Financial Services

Resumes

Director - Quantitative Finance Manager

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Location:

Charlotte, NC

Industry:

Financial Services

Work:

Bank of America since Sep 2010
SVP - Quantitative Operations Manager
Bank of America Nov 2006 - Sep 2010
VP, Quantitative Operations Manager
HSBC Apr 2003 - Nov 2007
Manager - Credit Policy and Risk
Citigroup 2001 - 2003
Sr Modeler

Education:

Penn State University 1996 - 2000
Doctor of Philosophy (Ph.D.), Economics Florida Southern College 1992 - 1995
Bachelor of Science (B.S.), Economics and Mathematics

Skills:

Financial Risk
Portfolio Management
Credit Risk
Credit Cards
Credit
Risk Management
Analytics
Banking
Analysis
Credit Analysis
Financial Modeling
Retail Banking
Strategy
Mortgage Lending
Financial Services
Loans
Sas
Financial Analysis
Commercial Banking
Relationship Management
Finance
Statistical Modeling
Commercial Lending
Fixed Income
Process Improvement
Valuation
Project Management
Predictive Modeling

Us Patents

Credit-Approval Decision Models
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US Patent:

8396789, Mar 12, 2013
Filed:

Jan 4, 2010
Appl. No.:

12/651666
Inventors:

Agus Sudjianto - Matthews NC, US
Peter B. Vechnak - Charlotte NC, US
Michelle Warholic - Cherry Hill NJ, US
Meghan Alita Steach - Charlotte NC, US
Jie Chen - Chappaqua NY, US
Assignee:

Bank of America Corporation - Charlotte NC
International Classification:

G06Q 40/00
US Classification:

705 38
Abstract:

Embodiments of the present invention evaluate consumer spending and borrowing patterns and, based thereon, forecast changes in consumer failure to repay rates. Embodiments of the present invention then develop macroeconomic variables that reflect the forecasted changes in consumer failure to repay rates and implement those macroeconomic variables into credit-approval decision models. The implemented macroeconomic variables adjust the decision models' credit-approval thresholds to account for the forecasted changes in consumer failure to repay rates. For example, if forecasts indicate decreasing credit failure to repay rates, then macroeconomic variables are developed and implemented in decision models to reduce credit-approval thresholds, thereby reducing qualifying creditworthiness scores and making it easier to get credit. On the other hand, for example, if forecasts indicate increasing credit failure to repay rates, then macroeconomic variables are developed and implemented in decision models to increase credit-approval thresholds, thereby restricting access to credit and reducing future losses from consumer failures to repay.