Tao Xiang International Finance Lectures (No. 1): Building Good Models for Credit Risk Management—Learning from US Banking Industry
2015-11-14 IMI
On November 14, the first Tao Xiang International Finance Lectures, which is jointly organized by the School of Finance of RenminUniversity of China and International Monetary Institute (IMI), was held in Qiushi Building of Renmin University. Dr. Chen Weiping, Senior Vice President of Wells Fargo, delivered a speech “Building Good Models for Credit Risk Management—Learning from US Banking Industry”. The lecture was chaired by Prof. He Qing, research fellow of IMI and professor of School of Finance of Renmin University of China.
Dr. Chen Weiping obtained her bachelor and master’s degree in international finance in Renmin University of China and graduated in University of Wisconsin-Madison with CFA and FRM qualified. Dr. Chen, who is now serving as Senior Vice President in Wells Fargo, used to work in FleetBoston Financial, Freddie Mac as well as Capital One. She is well experienced in credit analysis and model building, credit risk expectation, stress testing as well as different types of credit risk analysis under Basel III.
Dr. Chen mentioned in the speech that financial risk management received serious attention after the financial crisis in 2008, and risk qualification model would play a key role in risk management success. An excellent risk model analyst should be qualified with honest and good thinking, understanding in financial trade and good communication and professional skills. Dr. Chen also highlighted the importance of data digging, literature composing and simplicity after analyzing the process of a successful risk model.
According to Professor TuYonghong, deputy director of IMI, Tao Xiang International Finance Lectures was initiated by the School of Finance of Renmin University of China and International Monetary Institute (IMI) proposed by graduates majored in finance of Renmin University of China to commemorate Prof. Tao at the 10th anniversary of hispass-away. Tao Xiang International Finance Lecturesis planned to be held for 12 times annually. The contents of the lectures are based on Macro Finance, centered on international economic policy, international finance organizations, international banking supervision, RMB internationalization, the development strategy of international banks, international financial risk management, cross-border mergers and acquisitions, international funds operation, transactions of derivatives, international finance and lease, multinational syndication, asset securitization, internet finance, etc. The lectures are designed to deliver professional knowledge and analyze classical cases. The lectures invite experts and scholars in international financeaiming to cultivate outstanding talents who possess profound theoretical knowledge and excellent management skills of international finance.
