DBRS has named Chuck Weilamann to the role of chief credit officer. He assumes this role after serving as managing director, head of U.S. ABS at the credit rating agency. In his new position, Weilamann, who has been with DBRS for more than eight years, will report to Steve Joynt, the CEO.
“Chuck has a strong background building analytical tools and developing and implementing new methodologies across a diversified mix of consumer and commercial asset classes,” Joynt said. “His legal and accounting background, his conservative judgment, and experience with DBRS’s credit thinking equip him to be a strong leader of our credit practices and internal review functions.”
Weilamann has 20 years of experience in the financial industry. Before joining DBRS, he was a partner at WoodLake Advisors, providing advisory services for infrastructure, securitization, leasing and project finance. He has also served as vice president at Credit Suisse Securities, where he was responsible for the underwriting of products collateralized by commercial and esoteric assets, including first time structured finance transactions for public utilities in Florida and Louisiana. Weilamann also spent time as an attorney at Thacher Proffitt & Wood and as a tax consultant with Deloitte & Touche.
Weilamann takes over as chief credit officer from Luis Reyna, who will help transition the role through year-end and then return to academia. Chris D’Onofrio, managing director, U.S. ABS at DBRS, will assume the role of head of U.S. consumer ABS, reporting to Claire Mezzanotte, group managing director and head of global structured finance.
Weilamann holds a Juris Doctor from Hofstra University and a BA in accounting from Hofstra’s Frank G. Zarb School of Business. He is a member of the New York State Bar Association and the American Bar Association and is an active member of the Structured Finance Industry Group.
