Weigang Bao serves as the Director of Treasury Quantitative Model Development at First Citizens Bank, where he leverages his extensive expertise in financial modeling and valuation analysis to drive strategic initiatives within the treasury function. With a robust background in Mortgage Servicing Rights (MSR), Residential...
Weigang Bao serves as the Director of Treasury Quantitative Model Development at First Citizens Bank, where he leverages his extensive expertise in financial modeling and valuation analysis to drive strategic initiatives within the treasury function. With a robust background in Mortgage Servicing Rights (MSR), Residential Mortgage-Backed Securities (RMSR), and Asset-Backed Securities (ABS) valuation, Weigang plays a pivotal role in enhancing the bank's risk management frameworks and optimizing asset-liability management.
In his current role, Weigang is instrumental in developing and refining models for Pre-Provision Net Revenue (PPNR), loan performance, and deposit attrition rates. His proficiency in advanced statistical techniques, including probability and regression analysis, allows him to provide deep insights into the bank's financial performance and risk exposure. Weigang’s adeptness with valuation and pricing software such as MIAC, QRM, and BlackRock Aladdin ensures accurate and reliable assessments that inform critical decision-making processes.
Moreover, Weigang's technical skills in programming languages like VBA, C/C#, and Transact SQL, combined with his experience in data management tools such as MS SQL Server and SAP, empower him to create innovative solutions that streamline model development and enhance analytical capabilities. His collaborative approach and proficiency in tools like Microsoft Office SharePoint and Visio facilitate effective communication and project management across teams. As a thought leader in the treasury space, Weigang Bao continues to drive excellence at First Citizens Bank, positioning the institution for sustainable growth in an ever-evolving financial landscape.
