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Bin Duan

SVP Head of Model Risk Execution, TD Bank

Bin is currently the Head of Model Risk Execution, managing the global Qualitative Model Validation teams in TD Bank. Before TD, Bin worked for Citi Bank in New York, where he was the Director of the CCAR Model Implementation & Execution, managing a group of quantitative analysts and managers responsible for the model implementation, production, and performance tracking of all loss forecast models in Citigroup's global consumer loan portfolios. Before that, Bin spent about 3 years with Discover Financial in the Chicago area as the Director of Model Risk Management, managing a team in responsible for model risk management framework, including policy and procedure, model risk buffer and sensitivity analysis, and model validation, as well as their final submission to the Fed, of all the CCAR/DFAST models across the company’s whole book of businesses.
Bin's financial industry experience started with Capital One, where he worked as a statistician, senior statistician and statistical modeling manager. In his career since then, Bin had personally built many statistical models in credit card and mortgage marketing, credit underwriting, credit loss forecast using different data mining, statistical and machine learning models, and managed teams of different sizes in these areas in a number of banking and financial services companies. He has profound understanding in how to use data and statistical models to predict customer behavior in order to present the best products to the best customers in the best time.
Bin holds a PhD degree in Quantitative Psychology from Tulane University