Binbin Shao

Binbin Shao currently serves as the Director of Model Risk Governance at Caliber Financial Services, a position held since October 2022. Prior to this role, Binbin Shao spent 16 years at CIT Group, where responsibilities included serving as the Chief Model Risk Officer in Risk Management and leading the Model Risk Management program, focusing on model lifecycle management and governance. Binbin Shao also held the position of Director of Quantitative Strategies, developing credit risk scorecards and automated solutions for commercial and consumer sectors. Earlier experience includes serving as VP of Risk and Information Management at 1st Financial Funding & Investment, where Binbin Shao developed consumer scorecard models and provided analytics for credit portfolio management. Additional roles include statistical analysis at Hanover Direct and research scientist/statistician at the Nather Kline Institute. Binbin Shao holds a Ph.D. from the University at Albany, SUNY, and a B.Sc. from Peking University.