Jing Chen
About Jing Chen
Jing Chen is the Director of Model Risk Program at Fannie Mae in the Washington D.C. Metro Area, with extensive experience in risk modeling and financial analysis across multiple major financial institutions.
Professional Title
Jing Chen currently holds the position of Director of Model Risk Program at Fannie Mae in the Washington D.C. Metro Area. In this role, Chen is responsible for overseeing the risk associated with financial models used within the organization.
Career at Fannie Mae
Jing Chen has an extensive career history at Fannie Mae. Presently, Chen is the Director of Model Risk Program. Previously, Chen held the position of Principal Economist from 2008 to 2012, focusing on economic research and modeling within the company.
Experience at Federal Deposit Insurance Corporation (FDIC)
Jing Chen worked at the Federal Deposit Insurance Corporation (FDIC) from 2012 to 2021, serving as a Bank Examiner and Senior Quant Specialist. During this tenure, Chen participated in over 50 supervisory exams, notably the annual Comprehensive Capital Analysis and Review (CCAR) exams, acting as the FDIC CCAR retail lead. Chen also developed and instructed credit risk modeling training programs for examiners and quants within the FDIC and Federal Reserve system.
Previous Roles in Financial Institutions
Jing Chen's career includes roles at various prominent financial institutions. Chen served as a Financial Planning Manager at Bank of America/Countrywide Financial from 2007 to 2008, and as a Senior Economist at Chase Home Finance from 2006 to 2007. Additionally, Chen worked as an Economist at JPMorgan Chase from 2004 to 2006 and as an Economist at California ISO from 2001 to 2004 in Folsom, CA.
Educational Background
Jing Chen holds a Doctor of Philosophy (PhD) in Agricultural Economics from the University of California, Davis, completed between 1996 and 2001. Additionally, Chen earned an M.S. in Agricultural Economics from The Ohio State University from 1994 to 1996.
Expertise in Risk Modeling and Financial Analysis
Jing Chen has over a decade of hands-on experience in risk modeling within major financial institutions. Chen specializes in loss forecasting, stress-testing, underwriting, and acquisition scorecards. Chen's expertise includes a range of modeling techniques such as PD/LGD/EAD, hazard models, rating transition matrices, and AI/ML techniques including decision trees, Gradient Boosting Trees (GBT), and Natural Language Processing (NLP).