Rongqi Chen

Rongqi Chen is the current Head of Risk for B2B Financial Services at Alibaba. Previously, they worked as an Executive Director and Head of Consumer Lending Analytics for JPMorgan Chase & Co. from April 2014 to August 2021. In this role, they were responsible for product pricing elasticity and optimization of consumer lending products, such as consumer home lending, correspondent home lending, and auto lending. Prior to JPMorgan Chase & Co., Rongqi Chen worked as a Financial Engineer II for Fannie Mae from June 2013 to April 2014. In this role, they worked on the Loss Forecast Models of the single family portfolio and enhanced the AVM (automated valuation models) system. Rongqi Chen began their professional career as an AVP, Quantitative Operations Associate for Bank of America from June 2011 to June 2013. In this role, they built the REO (Real Estate Owned) models to predict the net proceeds of a standard foreclosure process for given loans. Rongqi also applied REO models to various stages of the mortgage portfolio to help mitigate losses and reduce risks. In addition, Rongqi Chen developed loss mitigation strategies for foreclosure bidding, short sale incentive, stop advances services, bulk REO sale, and tax lien auctions while at Bank of America. Rongqi Chen’s academic background includes a Graduate Student Researcher position at the University of California, Davis from September 2007 to June 2011.

Rongqi Chen has a Ph.D. in Statistics from the University of California, Davis and a B.S. in Statistics from the University of Science and Technology of China.

Rongqi Chen reports to Toby Xu, CFO, Head of Strategic Investments. Rongqi Chen works with Michael Yao - SVP, Head of Corporate Finance, Raghav Bahl - Head of Investments, India, and Hao Qian - CFO, Lazada.