Risk and Opportunities of Generative Artificial Intelligence (GenAI)

Uzma Wahhab is currently an Associate Director in the Division of Supervision and Regulation’s Policy Planning function. In this role, she oversees S&R staff responsible for AI Policy, identifying, researching, and analyzing strategic policy issues and collaborates with domestic and foreign authorities to facilitate effective supervision and regulation.  

Prior to this role, Uzma supported Vice Chair Quarles in his role as Financial Stability Board Chair. In this role, she helped to develop FSB strategy as well as oversee day-to-day operations.  

Uzma’s career has focused on complex legal issues and global regulatory policy in the financial services sector for over 20 years. Before joining the FRB, she worked for the SEC’s Office of the General Counsel for over a decade and the Financial Stability Board (FSB) in Basel. 

Alvin Huang is a Financial Services Specialist for Worldwide Business Development at Amazon Web Services with a focus on Generative AI and Machine Learning. He has over 20 years of experience in the financial services industry, and prior to joining AWS, he was an Executive Director at J.P. Morgan Chase & Co. where he managed the North America and Latin America market surveillance teams and led the development of global trade surveillance. In his spare time, Alvin is a part-time lecturer for Rutgers University’s Mathematical Finance Master’s program.

Steve Holden leads a team of data science professionals at Fannie Mae, supporting loan underwriting, pricing and acquisition, securitization, loss mitigation, and loan liquidation for the company’s multi-trillion-dollar Single-Family mortgage portfolio. He is also responsible for all Generative AI initiatives across the enterprise. His team provides real-time analytic solutions that guide thousands of daily business decisions necessary to manage this extensive mortgage portfolio. The team comprises experts in econometric models, machine learning, data engineering, data visualization, software engineering, and analytic infrastructure design.

Holden previously served as Vice President of Credit Portfolio Management Analytics at Fannie Mae. Before joining Fannie Mae in 1999, he held several analytic leadership roles and worked on economic issues at the Economic Strategy Institute and the U.S. Bureau of Labor Statistics.

Holden holds a Bachelor of Arts in economics from the University of Toronto, a Master of Arts in economics from Queen's University, and a Doctorate in economics from The Johns Hopkins University.

Timothy W. Judge is Fannie Mae’s Senior Vice President – Head of Modeling. He reports to the Executive Vice President and Chief Financial Officer. Judge leads the Enterprise Modeling & Analytics team that is responsible for the development and maintenance of the enterprise’s core valuation and performance models and the enterprise’s data science efforts. In addition, he is responsible for leading the enterprise’s understanding of natural disaster risk including understanding current and future exposure and working with internal and external stakeholders on opportunities to increase resiliency and sustainability of US housing. 

Previously, Judge held senior positions in the areas of enterprise risk management, capital estimation, innovation, and policy development.