Common Securitization Solutions
Asad Kerai has extensive experience in risk management and enterprise risk management. Asad currently works as a Senior Director of Enterprise Risk Management at Common Securitization Solutions, overseeing operational risk management and driving strategic initiatives for improved efficiency.
Prior to their current role, Asad held the position of VP of Enterprise Risk & Quality Assurance at Bank Aljazira, where they played a key role in proactive risk management and the implementation of best practices. Asad also led the restructuring of risk management divisions and established the Enterprise Risk function at Faysal Bank Limited, where they managed credit risk and facilitated the build-up of the commercial and SME portfolio.
Asad's expertise in operational risk and capital management can be seen from their role as SVP of Operational Risk & Capital Management at United Bank Limited, where they implemented robust risk management programs and achieved regulatory compliance. Earlier in their career, Asad worked in risk consulting roles at Deloitte and Arthur Andersen Business Consulting.
Overall, Asad Kerai's work experience demonstrates their proficiency in enterprise risk management, risk strategy consulting, and business process risk consulting.
Asad Kerai has pursued studies in Business Administration and Management at Bryant University. Additionally, they have obtained a Bachelor of Business Administration (BBA) degree with a focus on Banking and Finance from Hofstra University.
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Common Securitization Solutions
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Common Securitization Solutions (CSS) enables the issuance of the largest segment of mortgage backed securities – the Uniform Mortgage Backed Security from Fannie Mae and Freddie Mac which helps support liquidity in the nation's housing finance markets. We do this through the Common Securitization Platform, the largest and most advanced securitization operation in the nation, which processes more than $200 billion in mortgage securities each month. CSS is a joint venture owned by Fannie Mae and Freddie Mac.