Kevin D Oden

Title: Kevin D Oden: Innovator in Credit Risk Management

Introduction

Kevin D Oden is a notable inventor based in Charlotte, NC (US), recognized for his contributions to the field of credit risk management. He holds 4 patents that showcase his innovative approach to model validation and management systems. His work is particularly relevant in today's data-driven financial landscape.

Latest Patents

One of Kevin's latest patents is focused on model validation of credit risk. This innovation involves systems and methods that utilize machine learning algorithms to validate risk models. The process begins by receiving a risk model for validation, which includes multiple data sets. A first data set is selected as input, and various outputs are generated for validation. These outputs include generating analysis results using a comparable algorithm, creating variables and transformations with machine learning, and assessing selected variables through extended feature sets. The results are then compared to generate a comprehensive report.

Another significant patent is the model management system, which receives data for an inventory of models, including issues related to each model. This system determines a model risk score based on the identified issues and updates it in real-time as issues are resolved. The model management system also encompasses various functions such as model development, validation, integration, use, maintenance, and retirement.

Career Highlights

Kevin D Oden is currently employed at Wells Fargo Bank, N.A., where he applies his expertise in credit risk management. His innovative contributions have significantly impacted the bank's approach to risk assessment and model management.

Collaborations

Throughout his career, Kevin has collaborated with talented professionals, including Tapan Shah and Steve Cardinale. These collaborations have fostered a creative environment that encourages the development of cutting-edge solutions in the financial sector.

Conclusion

Kevin D Oden is a distinguished inventor whose work in credit risk management has led to significant advancements in model validation and management systems. His innovative patents reflect a commitment to improving financial risk assessment methodologies.