Ruizhi Xie
About Ruizhi Xie
Ruizhi Xie serves as the Vice President and Quantitative Credit Risk Manager at City National Bank, where he has worked since 2017. He holds a Ph.D. in Economics from the University of Delaware and has extensive experience in quantitative analysis and credit risk modeling.
Work at City National Bank
Ruizhi Xie has been serving as the Vice President and Quantitative Credit Risk Manager at City National Bank since 2017. In this role, he is responsible for developing and managing quantitative credit risk models that assess the Probability of Default (PD), Exposure at Default (EAD), and Loss Given Default (LGD). His expertise in quantitative analysis contributes to the bank's risk management strategies and decision-making processes.
Previous Experience at PNC
Prior to his current position, Ruizhi Xie worked at PNC for a total of three years. He began as a Statistical Modeling Intern in the Decision Analytics Modeling Team in 2013 for three months. He later advanced to the role of Senior Quantitative Analytics and Model Development Analyst from 2014 to 2017, where he focused on quantitative analytics and model development.
Education and Expertise
Ruizhi Xie holds multiple degrees from the University of Delaware, including a Doctor of Philosophy (Ph.D.) in Economics, a Master of Science (M.S.) in Statistics, and another Master of Science (M.S.) in Agricultural and Resource Economics. He also earned a Bachelor of Arts (B.A.) in Business/Managerial Economics from Renmin University of China. His educational background supports his advanced skills in econometric modeling techniques, including Time Series Analysis and Dynamic Stochastic General Equilibrium Modeling.
Research and Analytical Skills
Ruizhi Xie has a strong foundation in empirical research, particularly in corporate finance, financial modeling, and valuation. He possesses advanced skills in various programming languages and software, including Python, SAS, R, STATA, Eviews, LIMDEP, and MATLAB, which he utilizes for quantitative analysis. His experience includes developing credit risk models that are essential for effective risk assessment.
Background in Academia
Before entering the banking sector, Ruizhi Xie worked as a Research Assistant at the University of Delaware from 2009 to 2014. This role allowed him to deepen his knowledge in economic research and quantitative methods, contributing to his expertise in the field of quantitative credit risk management.