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DiCom Software , a provider of credit risk management technology solutions for financial institutions, announced today that it has hired Brad Saegesser as Senior Director of Product Management and Strategy.

Saegesser will bring his 18 years experience in credit risk management working with both U.S. and international financial organizations to set and develop the product strategy for DiCom’s Credit Quality Solution (CQS), the company’s integrated suite of credit risk management solutions.

Prior to joining DiCom Software, Saegesser was the Director of Operations at Balenz Software, as well as Senior Credit Risk Specialist at Moody’s Analytics. A certified public accountant, Saegesser gained experience at Ernst and Young providing audit and tax services to financial institutions and insurance companies. His extensive expertise with credit risk management has been instrumental in helping banks in the U.S. and abroad identify problem loans within their portfolio and quantify the credit risk associated with those loans. This results in significant process improvements and cost reductions for these organizations. Saegesser earned his B.A. degree in accounting and MBA in professional accounting from Michigan State University.

"Brad brings extensive experience working directly with global financial institutions to help them effectively identify and manage credit risk, and is familiar with the nuances and complexities involved in these initiatives, from default probability models and portfolio economic capital analysis, to helping financial institutions design, validate and implement Basel II-compliant internal risk rating models. We look forward to leveraging Brad’s knowledge to expertly guide our product vision, as well as to continually develop powerful strategies to help our clients manage credit risk and improve profitability," said DiCom President and CEO Carolyn Nobles.

For more than 20 years, DiCom Software has been providing credit risk management systems and solutions to financial institutions throughout the United States. Through the firm's innovative Credit Quality Solution (CQS), it is able to effectively deliver superior loan review, portfolio management and analysis to improve credit quality and minimize credit risk. The preferred choice among leading financial institutions, DiCom CQS provides measurable results to allow banks to make informed decisions and increase productivity.

Source: Online PR News

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