Susan Kulakowski (susan.kulakowski@me.com)

Past

SVP, Chief Knowledge Officer at DBRS
Sr Director at Fitch Ratings
Director at Duff & Phelps Credit Rating Company

Financial Analyst at Moody's Investor Service

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Education

New York University - Leonard N. Stern School of Business
State University of New York at Binghamton

Recommended

2 people have recommended Susan

Connections

318 connections

Industry

Financial Services

Susan Kulakowski (susan.kulakowski@me.com)’s Summary

Senior Executive with fifteen years experience in the mortgage securitization market and rating industry. Skills include the ability to work with and analyze large data sets, including economic, delinquency performance, and home prices. Experience includes the design, development and distribution of residential mortgage credit models. Projects include independent analysis of military housing, impact of natural disasters on mortgagor behavior, effect of automated property valuation model use on credit losses, among others. Uniquely able to formulate reasonable questions and test outcomes.

Susan Kulakowski (susan.kulakowski@me.com)’s Specialties:

Structured finance, residential mortgage-backed securities (RMBS), statistical analysis, statistical process control, large data sets, database design, reporting, rating agencies

Susan Kulakowski (susan.kulakowski@me.com)’s Experience

SVP, Chief Knowledge Officer

DBRS

(Privately Held; 51-200 employees; Financial Services industry)

March 2004 — December 2008 (4 years 10 months)

Work performed for three major rating agencies, 1993-2008

Residential Mortgage Credit Models
Designed and maintained credit models to evaluate the credit risk of residential mortgages. The three primary estimates are 1) the likelihood of default by mortgagors; 2) the likely loss in the event of default; and 3) a reasonable value for the defaulted property.

Independent Research Projects
Examples include Military Housing Privatization Bond analysis (2008) (scope and status of the housing projects, military capabilities of the bases and strategic importance to the DoD).

Analysis of home price changes over decades (2007). Approximately three dozen metro areas were reviewed from 1989 through 2007. Published by DBRS as Real Estate Cycles of the 1990s and 2000s in Major U.S. Metro Areas.

1994 Northridge Earthquake and its impact on mortgage defaults (1995). Performance of mortgagors was analyzed using statistical process control techniques.
Sr Director

Fitch Ratings

(Public Company; 501-1000 employees; FIMALAC; Financial Services industry)

March 2000 — March 2004 (4 years 1 month)
Director

Duff & Phelps Credit Rating Company

(Public Company; 201-500 employees; Financial Services industry)

June 1993 — March 2000 (6 years 10 months)
Financial Analyst

Moody's Investor Service

(Public Company; 501-1000 employees; MCO; Financial Services industry)

January 1988 — June 1993 (5 years 6 months)

Corporate bond default studies.

Susan Kulakowski (susan.kulakowski@me.com)’s Education

New York University - Leonard N. Stern School of Business

MBA/MS , Statistics & Operations Research , 1988 — 1991
State University of New York at Binghamton

BA , Sociology, Political Science , 1978 — 1983

Additional Information

Susan Kulakowski (susan.kulakowski@me.com)’s Groups:

Ideas

NYU Stern School of Business
Bright Ideas & Entrepreneurs
Structured Finance
Mortgage Professional's World Wide (MPWW)
Credit Risk Group
Credit Rating Agency Alumni + Friends
Quant Finance
Mortgage Servicing Network
Spin Strategy™ - Tools for Intelligent Job Search
Property Derivatives
Financial Services Open Connections USA
Global Quants (Quant Analysts, Developers, Risk - Systematic, Electronic, Algo Trading)
Quant Linked Group (QLG: Wall Street Quants)
Fitch Alumni