Mark has worked in asset management and risk since 2003. As a Managing Director level validator for a national consulting company, Mark coded, tested, replicated, and wrote dozens of Model Validation Reports for regional banks, community banks, and community credit unions. Mark’s deep experience in credit model validation has given him exposure to credit unions, community banks, and regional banks across the United States. He has experience with vendor models such as Abrigo and Moody’s, as well as in-house built models. Mark has performed Model Validation and MRA/MRIA response on more than 175 models over the past eight years. Mark has also worked as a capital planner for a major unsecured lending project.
Mark has a unique combination of banking experience and technical background that includes experience as a Model Developer, Model Validator, and Quantitative Auditor. In addition to his experience, Mark is academically qualified to perform work under SR11-7; Mark graduated from an accredited Financial Engineering degree program and has the necessary combination of experience and formal training in Finance, Risk, Accounting, and Computer Programming.
Mark has verifiable credentials. He is a graduate of the ABA Stonier Diploma in Banking with the Wharton Leadership Certificate, graduate of the NYU Financial Engineering program (MS), and graduate of the Yale School of Management (MBA). In his academic career Mark was a top student. After graduating Yale, Mark was retained as an assistant for the former Dean of the School of Management. Mark completed an Engineering MS thesis at NYU plus a separate Computer Science capstone at the NYU Courant Institute of Mathematical Sciences. At NYU Mark was a researcher for Professor Nassim Taleb, and Teaching Assistant for the NYU Financial Engineering Quantitative Methods course under Professor Mirela Ivan. He was Teaching Assistant for the course Risk Management in the Real World under Professor Taleb. Mark served at one point for the US Army as a Captain in the Financial Management Branch and was awarded the Bronze Star for service.
When he is not meeting with Controllers, CFOs, and their staff, Mark enjoys cooking healthy meals for friends and likes to train for triathlons.
Mark Paul Weisenborn
Areas of Practice
Credit models
Stress testing and capital reserving
Derivatives
Trading desk risk
Econometric Forecasting
Consumer Behavior
MBA, Asset Management - Yale
MS, Financial Engineering - NYU
MPA, Finance and Fiscal Policy - Cornell
BS, Industrial and Labor Relations - Cornell
Stonier Banking Diploma - ABA
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