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Jason_Scruggs_Resume

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Jason_Scruggs_Resume

  1. 1. JASON SCRUGGS 1140 Ridgeview Ln Bishop, GA 30621 w_scruggs@hotmail.com 601.307.2932 QUALIFICATIONS PROFILE Result-oriented professional with extensive experience in team leading, treasury functions, financial modeling, funding, liquidity, risk management, accounting and regulatory reporting in both intermediate regional and large international financial companies; excellent multi-tasking, organizational aptitude and cross-functional project leadership; proven ability to hire and train colleagues. PROFESSIONAL EXPERIENCE BBVA Compass – Remote August 2014 to Present Senior Risk Associate – BBVA USA, Senior Vice President • Relinquished managerial role to support physician wife’s career opportunities. • Developed processes to address recently released regulatory reporting processes focused on scenario-based valuation and profitability impacts; performed numerous ad-hoc analyses related to profit forecasting, financial planning, regulatory compliance. • Served as the line of business expert contact for models, tools and applications; implemented significant back-testing and benchmarking improvements for these same models. BBVA Compass – Birmingham, AL August 2012 to August 2014 Structural Risk Manager – BBVA USA, Senior Vice President • Lead Structural Risk team of seven responsible for market and liquidity risks; authored policies and wrote policy measures for interest rate, liquidity, FX and equity risks. • Voting member for the Secondary Marketing Committee, Liquidity Working Group, Technical Liquidity Working Group, U.S. Market Risk Oversight Committee, Risk Management Working Group and the bank’s new product/line of business approval process; regularly presented to senior management, U.S. Operation and Board of Director level committees. • Owned back-testing, bench marking and documentation for various models, including residential loan prepay speeds, deposit decay, interest rate risk model, Economic Capital for Interest Rate Risk, Margin at Risk, CMO cash flows and liquidity stress within the Model Validation and Governance framework. • Collaborated with European parent company and other subsidiaries to develop best practices; held quarterly meetings with federal and state regulators covering department-related topics; satisfied general and topic-specific regulatory and Internal Audit examinations; lead multifunctional groups to determine the bank’s compliance with regulatory guidance. BBVA Compass – Birmingham, AL October 2010 to August 2012 Risk Associate, Vice President
  2. 2. • Developed, documented, implemented and calibrated models associated with interest rate risk inputs; designed and implemented interest rate risk scenarios covering the bank’s interest rate risk profile. • Prepared interest rate risk analyses for monthly senior management meetings; created reports governing for U.S. Operations, Board meetings and various working groups. • Designed risk appetite policies and procedures for interest rate risk, loans held for sale, MSRs, the investment portfolio, multi-currency loans and FX; performed effectiveness analyses on swaps designated as cash-flow and market value hedges in accordance with FAS133. • Voted by senior management to participate in all top talent programs; interviewed, selected and trained junior personnel. R2Metrics – Birmingham, AL November 2009 to October 2010 Vice President • Designed, marketed and installed financial risk software, including asset-liability, investment portfolio and valuation models. • Devised investment portfolio and product pricing strategies to improve bank financial performance under numerous scenarios. Colonial Bank – Montgomery, AL May 2005 to November 2009 Quantitative Analyst • Operated a market-leading asset-liability model analyzing interest rate risk, optionality within balance sheet categories and income valuation projections. • Implemented and operated an Economic Capital model to project bank holding company capital requirements for credit, interest rate and operational risks; interpreted variances in projected capital requirements to senior management and regulatory authorities; updated the model to reflect risk reporting updates. • Worked closely with regulatory reporting to interpret and provide supporting documents for capital held for first risk of loss on a securitization conduit, debt maturity, debt re-pricing and loans held for sale valuation. • Created numerous analytical tools related to deposit pricing analysis, FHLB advance optimization, loan prepayments, defaulted loans, funding, cash optimization and branch sale/leaseback transactions. • Performed internal audits on collateral positions, investor/customer concentrations and yields on a $2 billion securitization funded by an asset backed commercial paper conduit; interpreted and adapted legal documents and reporting procedures governing the securitization to attain business strategies. EDUCATION AND CREDENTIALS M.A., Finance –Financial Risk Strategy (May 2005) University of Alabama M.B.A (May 2002) University of Southern Mississippi B.S, Biology (May 1999) University of Southern Mississippi CERTIFICATIONS, HONORS, SKILLS AND SOFTWARE
  3. 3. Passed CFA Exam Level II, ERisk Abacus, BancWare, YieldBook, Summit, AnSer, Bloomberg, MS Office, VBA, SQL

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