David Andrukonis has technical and managerial experience in banking, credit risk, and valuation. David leads the development of specialized credit risk models such as structural credit risk models for shipping finance. He performs non-traditional ABS valuations and has validated a wide range of financial forecasting models, including models that estimate return on equity, asset/liability valuations under varying market interest rate scenarios, and loan losses.
Prior to joining RiskSpan, he managed the credit risk department at WashingtonFirst Bank, where he developed underwriting methodologies and stress tolerance models for diverse private firms and commercial real estate. The peer-reviewed RMA Journal has published three of his technical papers, “Pitfalls in Conventional Earnings-Based DSCR Measures—And a Recommended Alternative” in May 2013; “For Accurate Capital Forecasts, Granularity is Key” in October 2015 and “Valuing Non-Maturity Deposits” in March 2016.
Before WashingtonFirst Bank, David co-founded and served as CEO for a university fundraising software startup, AlumniFidelity, which was acquired by Overture Technologies.
He holds a Business Minor and BA in Political Science from UNC-Chapel Hill and is a CFA charterholder.