Derek Smith

Derek Smith is a seasoned professional in credit risk management with extensive experience in financial services. Currently serving as Senior Manager of Credit Risk Models at Flagstar Bank since October 2023, Derek leads the governance and lifecycle routines for all credit risk models and oversees the integration of risk rating models from three legacy institutions. Prior to this role, Derek was a Lead Risk Analytics Consultant at Wells Fargo from August 2019 to October 2023, where responsibilities included collaborating with senior leaders to implement Business Process Management and Risk Control Self-Assessment programs. Derek's career began at PwC, where from August 2011 to August 2019, roles included managing audit teams and serving major clients within financial services. Educational credentials include a Master of Accounting from the University of Michigan's Stephen M. Ross School of Business and a B.B.A. in Financial Accounting/Reporting & Finance from the University of Michigan-Dearborn.