ATLANTA--(BUSINESS WIRE)--Angel Oak Consulting, a risk management consultancy providing a wide range of specialized services to financial institutions, announced today that it has hired Nathaniel Eidt as Director of Production. Eidt will be responsible for assisting the firm’s financial institution clients with risk management modelling issues, including the development and assessment of modeling frameworks for asset/liability management (“ALM”) and Dodd-Frank Act stress testing (“DFAST”).
Eidt has over nine years of relevant experience from which to draw on for his role in assisting clients’ expanding and diverse banking needs. His focus on ALM led him to Scottrade Bank, where he served as the lead ALM analyst in the Treasury Division. He managed the ALCO reporting process and developed numerous ad-hoc modelling improvements, including the addition of DFAST capabilities to Scottrade’s ALM model. Prior to Scottrade, he worked at Fiserv, where he consulted with their Sendero ALM model clients having total assets ranging from $500 million to over $30 billion. Eidt’s client solutions included everything from assistance with basic ALM concepts to complete overhauls of their modelling infrastructure. He also trained clients on the proper use of sophisticated financial valuation and earnings simulation techniques and taught classes on ALM concepts.
“We think Nate’s unique background in ALM and stress testing are a perfect fit for the team and will complement our already robust consultant roster,” said Rob McDonough, Senior Consulting Manager for Angel Oak Consulting. “Bringing Nate on board enhances our ability to help our clients develop the necessary risk management capabilities to stay ahead of heightened regulatory requirements and thrive in a very challenging interest rate environment.”
In his new role at Angel Oak Consulting, Eidt will report to McDonough.
About Angel Oak Consulting
Angel Oak Consulting provides a wide range of specialized consulting services to financial institutions requiring enhanced risk management capabilities. Leveraging our unique expertise and deep understanding of the evolving regulatory and competitive environment, we provide an innovative practitioner’s approach to balance sheet and risk model development and deployment.
Our team of risk management consultants collaborates with financial management teams, bringing thoughtful solutions based on practical, real-world experience underscored by extensive theoretical knowledge. Angel Oak Consulting delivers actionable strategies for balance sheet risk management, portfolio optimization and regulatory preparedness. For more information, please call 404-844-5731 or visit: www.angeloakconsulting.com.