Erich Reuter
About Erich Reuter
Erich Reuter serves as the Executive Vice President and Director of Quantitative Analytics & Enterprise Stress Testing at TowneBank, where he has worked since 2018. He has extensive experience in risk analytics and financial strategies, having held various leadership roles at multiple financial institutions over his career.
Work at TowneBank
Erich Reuter has served as the Executive Vice President and Director of Quantitative Analytics & Enterprise Stress Testing at TowneBank since 2018. In this role, he focuses on the implementation of quantitative analytics and stress testing methodologies to enhance the bank's financial resilience. His expertise in CECL modeling contributes to the bank's ability to assess credit risk and manage financial strategies effectively.
Previous Experience at Fulton Financial Corporation
Prior to his current position, Erich Reuter worked at Fulton Financial Corporation for nearly a decade. He held the role of Senior Vice President and Director of Risk, Analytics, & Financial Strategies from 2008 to 2017. He then transitioned to the position of Senior Vice President and Director of Quantitative Analytics and Stress Testing for one year before moving to TowneBank. His tenure at Fulton Financial involved significant contributions to risk management and analytics.
Background in Financial Analysis
Erich Reuter's career in financial analysis began with roles at various institutions, including Zurich North America as a Financial Analyst III and Provident Bank as Vice President of Financial Planning & Analysis. His experience also includes a position at PNC Financial Services Group as Assistant Vice President and Manager of Asset Liability Management. These roles provided him with a solid foundation in financial planning, budgeting, and forecasting.
Education and Expertise
Erich Reuter earned a Bachelor of Arts in Economics from Indiana University of Pennsylvania, completing his studies from 1994 to 1997. His academic background supports his professional expertise in areas such as customer analytics, budgeting, and forecasting. He specializes in analyzing loan prepayments, deposit decay, and early redemptions of certificates of deposit.
Career Progression and Roles
Throughout his career, Erich Reuter has held various positions that demonstrate his growth in the financial sector. He began as an Economist at the Bureau of Economic Analysis from 1997 to 2000, followed by a role as Senior Financial Analyst at Arthur Andersen from 2000 to 2002. His diverse experiences across different financial institutions have equipped him with a comprehensive understanding of quantitative analytics and risk management.