Philip B. Preiss (Phil) is Manager – Consulting & Analytics at Preiss&Associates, LLC. Phil directs the company’s application of statistical procedures to perform fair lending analyses, including assessing fair lending risks in underwriting, pricing, and redlining of various credit products. During his employment at Preiss&Associates, Philip has enhanced our clients’ understanding of analysis results, through report debriefing sessions, as well as through the use of data mapping.
Before joining Preiss&Associates in 2015, Phil was responsible for developing logistics efficiency models for the transportation industry at Coyote Logistics. He was also actively engaged in presenting cost savings analyses to clients and prospective clients with marketing managers during the retention and sales process. During his tenure at Coyote, 2011 – 2015, the startup company grew to over $1 billion in revenue and was purchased by UPS. Phil’s work in estimating models continues at Preiss&Associates, as he applies his statistical and modeling acumen to fair lending analyses for financial institution clients.
During his three years at Preiss&Associates, Philip has co-authored several articles and white papers with Rick Preiss, President and Founder of the firm. Some of these have been published in state and national compliance journals and relate to current issues in the field of compliance regulation, such as redlining, mapping, and model validation.
Philip’s interest in statistical modeling increased while earning his Bachelor of Arts Degree from Hamilton College in Clinton, NY, with a major in Mathematics and a minor in Economics. His senior thesis presented benefits of using the deleted studentized residual technique in statistical analyses. During the summers of his high school and college years, Phil worked at Preiss&Associates contributing research for articles, creating presentations, staffing Preiss exhibits at national and regional conferences, and evaluating applicable statistical methods for the firm.
In his free time, Philip enjoys the game of golf. He played competitively through high school and college, participating on both the Lake Forest Academy and Hamilton College golf teams. At Hamilton he captained the team his senior year and was named New England Small College Athletic Conference (NESCAC) Player of the Year, after medaling at the Conference Championship. Though not able now to spend as much time on the golf course as during his college summers, Philip maintains his game and relationships with college teammates by participating in golf trips several times a year.