Speakers List - Risk USA

Keynote Speakers

Mark Carawan

Chief Compliance Officer


Mark Carawan is the Chief Compliance Officer for Citigroup. Mark is responsible for independent compliance risk management across Citi, reporting to the Citigroup CEO.

Mark was formerly the Chief Auditor and Managing Director responsible for the Internal Audit (IA) Department. Reporting to the Citigroup Audit Committee Chairman, Mark was responsible for IA's delivery of audit assurance on governance, risk management and control across Citigroup globally to the Board and Executive Management.
Prior to joining Citi, Mark was the Chief Internal Auditor for Barclays Group where he led a major transformation of Barclays Internal Audit. Previously, Mark was Managing Partner responsible for Enterprise-wide Assurance to wholesale financial services institutions at Deloitte (UK), where he was engaged in various assignments involving risk management and internal control transformation, particularly as a result of regulatory requirements. Prior to joining Deloitte, Mark was Managing Partner for Andersen's global Privatisation and Emerging Markets practice with responsibility for overseeing business activities in over fifty non-OECD countries, while also being the lead partner on a number of financial sector restructuring and individual bank rehabilitation assignments around the world.

Mark began his professional career within the London Office of Andersen's accountancy practice before moving into consultancy after qualification as a Chartered Accountant. Mark's academic background includes a B.A. from Rutgers University in the USA and a Ph.D. from St. Andrews University in the UK. He has also received the CFIIA, CIA and QIAL qualifications. Mark is on the Board of the Chartered Institute of Internal Auditors, the Board of the global Institute of Internal Auditors (IIA), is Chairman of the global IIA's Financial Services Guidance Committee and is a member of the Board of Directors of the Greater New York Council of the Boy Scouts of America.



Jeanmarie Davis

Senior Vice President, Supervision Division


Jeanmarie Davis is senior vice president and head of the Enterprise Risk Supervision function in the Supervision Group at the Federal Reserve Bank of New York. Ms. Davis is responsible for the oversight of risks faced by financial institutions in the Second District, including the systemically important firms designated by the Financial Stability Oversight Council, large foreign financial institutions and large regional banking organizations.

Ms. Davis leads a team of risk professionals responsible for the full range of enterprise risks including credit, market, liquidity, compliance, operational and model risk. The work of this group is carried out within the regulatory framework established by the Board of Governors and forms the basis for an overall assessment of the firms supervised. Previously, Ms. Davis was head of the Financial Markets Infrastructure function.

Ms. Davis joined the New York Fed as an application analyst in June 1985. In March 1993, she was named an officer of the Bank and assigned to operational risk department in the risk management function. In January 2003, Ms. Davis was promoted to assistant vice president and was promoted to vice president in January 2005. In September 2005 she was given responsibility for large complex banking organizations and subsequently had oversight for the supervisory programs for several portfolios.

Ms. Davis holds a bachelor's degree from Colgate University and a master's degree from Baruch College.


Stefano Pasquali

‎Managing Director, Head of Liquidity Research


Stefano Pasquali Managing Director, is the Head of Liquidity Research Group at BlackRock Solutions. As Head of Liquidity Research, Mr. Pasquali is responsible for market liquidity modelling both at the security and portfolio level, as well as estimating portfolio liquidity risk profiles. His responsibilities include defining cross asset class models, leveraging available trade data and developing innovative machine learning based approaches to better estimate market liquidity. Mr. Pasquali is heavily involved in developing methodologies to estimate funding liquidity and better estimate funds flows. These models include: the cost of position or portfolio liquidation, time to liquidation, redemption estimation, and investor behavior modelling utilizing a big data approach. Stefano is a member of the Government Relations Steering Committee within BlackRock.

Previous to Blackrock, Mr. Pasquali oversaw product development and research for Bloomberg's liquidity solution, introducing a big data approach to their financial analytics. His team designed and implemented models to estimate liquidity and risk across different asset classes with a particular focus on OTC markets. Before this he lead business development and research for fixed income evaluated pricing.

Mr. Pasquali has more than 15 years of experience examining and implementing innovative approaches to calculating risk and market impact. He regularly speaks at industry events about the complexity and challenges of liquidity evaluation ̶ particularly in the OTC marketplace. His approach to risk and liquidity evaluation is strongly influenced by over 20 years of experience working with big data, data mining, machine learning and data base management.

Prior to moving to New York in 2010, Mr. Pasquali held senior positions at several European banks and asset management firms where he oversaw risk management, portfolio risk analysis, model development and risk management committees. These accomplishments include the construction of a risk management process for a global asset management firm with over 100 Billion AUM. This involved driving projects from data acquisition and normalization to model development and portfolio management support.
Mr. Pasquali, a strong believer in academic contribution to the industry, has engaged in various conversations and collaborations with universities from the US, UK, and Italy. He also participates as a supervisor in the Experiential Learning Program and Masters of Quantitative Finance Program based at Rutgers University, along with tutoring students in research activities.

Before his career in finance, Mr. Pasquali was a researcher in Theoretical and Computational Physics (in particular Monte Carlo Simulation, Solid State physics, Environment Science, Acoustic Optimization). Originally from Carrara (Tuscany, Italy), he grew up in Parma. Mr. Pasquali is a graduate of Parma University and holds a master's degree in Theoretical Physics, as well as research fellowships in Computational Physics at Parma University and Reading University (UK).


Main Speakers

Saad P Aslam

Credit Risk Review, Independent Risk Management


Andrew Auslander

Head of Risk Governance and Disclosure, Enterprise Risk Management


Andrew Auslander has over 20 years of experience in the global financial markets. He has spent half his career as an enterprise risk manager experienced in developing risk frameworks to support overall business strategy for asset management, private banking, and investment banking. During this time, he managed market, traded credit, counterparty credit, liquidity, operational, vendor, and model risks. He has taught the benefits of risk culture in various countries. He is effective at communicating risks and mitigators to senior management, internal audit, and regulators. Currently, Andrew is Head of Risk Governance and Disclosure at AIG. Previously, he led the risk management and trading teams at international banks and asset managers.

Andrew earned a Bachelor of Science degree from the United States Merchant Marine Academy. He holds a Master of Science degree in Computer Science and Information Systems from Rensselaer Polytechnic Institute and studied Finance at New York University's Stern School of Business. Andrew is a CFA Charterholder and a Financial Risk Manager (FRM) certified by the Global Association of Risk Professionals. Mr. Auslander holds FINRA Series 7, 24, and 63 licenses.


Alex Baghdjian

Financial Services Strategy Lead


Alex has a deep knowledge of the financial services industry. He has experiences in both the regulatory and front office spaces, focusing on such areas as anti-money laundering and customer intelligence. He is currently the Financial Services Strategy Lead at Ayasdi, leading the effort to leverage Ayasdi's platform to build intelligent applications for the financial services industry. Prior to his role at Ayasdi, Alex was an Offering Manager at IBM's Watson Financial Services.

Alex Beigelman

‎Managing Director, Technology Operational Risk Officer


Alex is the Operational Risk Officer for Global Technology. Alex re-joined JPMC in 2015 after an absence of 8 years during which he led Information Security at UBS Americas.

Through his 30+ year career, Alex has had hands on and leadership roles across a wide variety of technology and business areas including application development, infrastructure management, technology architecture, business resilience, operations and security.

Among a number of activities in his prior roles with JPMC, he brought Linux into the bank as a standard platform, and together with partners in the Investment Bank built the Compute Backbone (CBB). Alex has also had leadership roles at Deutsche Bank and Sun Microsystems and led a hedge-fund services startup. He has also started his own marine navigation software company.

Alex is a graduate of Polytechnic University in Brooklyn, NY with a Masters Degree in Computer Science.


Terry Benzschawel

Managing Director, Cedit Quantitative Analysis and Data Science, Citi Fixed Income, Currency and Commodities


Terry Benzschawel is a Managing Director in Citigroup's Institutional Clients Business. Terry heads the Quantitative Credit Trading & Data Science group which develops and implements quantitative tools and strategies for credit market trading and risk management, both for Citi's clients and for in-house applications. Some sample tools include models of corporate default and recovery values, relative value of corporate bonds, loans, and credit default swaps, credit portfolio optimization, credit derivative trades, capital structure arbitrage, measuring and hedging liquidity risk, and cross-credit-sector asset allocation.
Terry received his Ph.D. in Experimental Psychology from Indiana University (1980) and his B.A. (with Distinction) from the University of Wisconsin (1975). His Ph.D. thesis concerned development of a neural model of the human visual system. Terry has done post-doctoral fellowships in Optometry at the University of California at Berkeley and in Ophthalmology at the Johns Hopkins University School of Medicine and was a visiting scientist at the IBM Thomas J. Watson Research Center prior to embarking on a career in finance. He currently serves on the steering committees of the Masters of Financial Engineering Programs at the University of California at Berkeley and the University of California at Los Angeles and Carnegie Mellon University's Computational Finance Program.
In 1988, Terry began his financial career at Chase Manhattan Bank, building genetic algorithms to predict corporate bankruptcy. In 1990, he was hired by Citibank to build the first neural networks to detect fraud on their credit card portfolios and to predict credit card attrition. In 1992 he moved to investment banking at Salomon
Brothers where he built models for proprietary trading in bonds, currencies and derivative securities in Salomon's Fixed Income Arbitrage Group. In 1998, he moved to the Fixed Income Strategy department as a credit strategist with a focus on client-oriented solutions across all credit markets and has worked in related roles since then. Terry was promoted to Managing Director at Citi in 2008.
Terry is a frequent speaker at industry conferences and events and has lectured on credit modelling at major universities. In addition, he has published over a dozen articles in refereed journals and is author of two books: CREDIT MODELING: FACTS, THEORIES AND APPLICATIONS and CREDIT MODELING: ADVANCED TOPICS. In addition, Terry has been the instructor for courses in credit modelling for Incisive Media and the Centre for Finance Professionals. Finally, Terry has taught a course on credit modelling at Russia's Sberbank in Moscow.

Charles Bragg

Managing Director, Americas Head of Risk Control and Global Head of Credit Risk Control


Charles Bragg is the Regional Head of Risk Control of UBS Asset Management, Americas, and AM Global Head of Credit Risk Control, based in Stamford, Connecticut. He is a member of the UBS Americas Risk Committee and UBS AM Americas Regional Governance Committee. 
Prior to his current role, Charles worked in the UBS Investment Bank Market Risk Control group based in Stamford, Connecticut, where he covered equity derivatives, interest rate derivatives and foreign exchange products. He also worked in the Equity Derivatives Business Unit Control group of UBS Investment Bank in Chicago, London and Stamford.
Prior to joining UBS, Charles worked at the Chicago Board of Trade and for the Financial Services group of KPMG as a senior auditor.

John Briggs

Head of Strategy, Americas

NatWest Markets RBS

Mr. Briggs is Head of Strategy, Americas, with a focus on determining and effectively delivering NatWest Markets' macro cross-asset view, as well as leading and coordinating NatWest Markets' strategy efforts in the Americas. In this role and as Head of Treasury Strategy, he publishes the US Strategy Focus flagship publication, as well as the Treasury Morning Call and NatWest Markets Closing Note, and in this capacity, assists the global sales and trading desks with both internal and external client interactions. Formerly, John was the Head of Cross-Asset Strategy and also Head of Asset-Backed Products Strategy, managing and coordinating our strategic views in MBS, ABS, and Structured Products.

Joined the company
In current position
Previous position at the company
Head of Cross-Asset Strategy, Americas and Head of Asset-Backed Products Strategy, Americas
Mr. Briggs holds a BSBA from Bucknell University and a Masters of Science in Financial Risk Management from the University of Connecticut.
Additional background
Mr. Briggs held the position of Proprietary Trader at BWT Professional Trading, Inc. and was a Senior Portfolio Manager at Prologue Capital LLC. In addition, Mr. Briggs spent 11 years serving in a variety of roles at Capra Asset Management, including Head Trader for more than seven years.

Murilo Brizzotti

Principal Industry Consultant


Murilo Brizzotti, Principal Industry Consultant, SAS

Murilo M. Brizzotti is a Principal Industry Consultant at Risk & Quantitative Solutions Division at SAS. Murilo has been working with SAS for 11 years and has extensive experience implementing SAS Solutions with focus on Risk Analysis, Data Mining, Forecasting, Optimization and Statistics. He has implemented SAS Risk Management Solutions (SAS Credit Risk Management, SAS Risk Management for Banking, SAS Operational Risk, SAS Risk Dimensions/ HPRISK, and Credit Scoring) in several financial institutions including Retail Banks in US, outside of US, Asset Managers and Insurance companies.

Murilo holds a Bachelor Degree with Honors in Computer Science from University of Sao Paulo - Brazil and a Master Degree with Honors in Statistics from North Carolina State University - USA. Murilo is Certified Financial Risk Manager (FRM) from Global Association of Risk Professionals (GARP).

Nehalkumar (Nehal) Bharodia


Senior Analytical Consultant

Nehalkumar (Nehal) Bharodia, Senior Analytical Consultant, SAS

Nehal specializes in business capabilities and risk technology for Stress Test, Liquidity Risk, and IFRS9/CECL. More recently he is leading CCAR initiatives. He has been in the industry for 10+ years serving both global and regional banks delivering end to end risk infrastructure for large scale risk and finance transformations. Nehal holds MBA from Indiana University of Pennsylvania.

Ted Carter

Business Line Risk Officer, Investments and Trading, Enterprise Risk Management Office


Ted Carter is the Business Risk Officer for Global Trading & Investments at T. Rowe Price. Ted supports the Chief Risk Office through the implementation of the firms Enterprise Risk Management program. Ted's territories include US, London, Singapore, Australia and Tokyo. Ted actively works with the business to identify, assess and monitor different aspects of corporate risk including but not limited to (strategic, operational, regulatory, emerging & business performance risk)
Prior to joining T. Rowe Price Ted was the Chief Risk Officer for PHH Corporation as well as head of Operational Risk Management for Fannie Mae.
Ted has a Master of Science from Carnegie Mellon School of Public Policy and Management; a Bachelor of Science in Communication from Howard University.

Jose Canals-Cerda

Special Advisor in Supervision, Regulation and Credit


José J. Canals-Cerdá is a Senior Special Advisor at the Federal Reserve Bank of Philadelphia in the Supervision, Regulation, and Credit Department. His areas of expertise are Financial Risk Management, Financial Econometrics, Retail Credit Risk and Loss Modeling. He has participated as a lead expert in SCAP, CCAR and DFAST stress tests. He has made significant contributions to the development of systems and databases at the Federal Reserve for the analysis of regulatory stress tests. He was the principal developer of the Federal Reserve System methodology for Stress Testing of cards portfolios during the CCAR and DFAST stress test exercises, leading a group of Ph. D. economists and analysts. He is a lead quantitative expert in credit risk, securitization, ALLL, Economic Capital, Stress Testing, Basel, Credit Scoring and Model Risk Management. He has lead quantitative benchmark studies in several areas of interest to the Federal Reserve System related to Stress Test, Basel II and ALLL/CECL. He is a regular contributor to Basel II working groups within the Federal Reserve System. He is also an advisor to the Large Institution Supervision Coordination Committee (LISCC) in the area of credit risk.

Qingqing Chen

Senior Financial Economist in the Credit Risk Analysis Division


At the OCC, Dr. Chen serves as a credit-risk modeling expert to conduct on-site and off-site bank-specific exams of quantitative models and methods for valuation and risk measurement in the areas of Basel III/II risk parameters (PD, LGD and EAD), retail acquisition, account management and pricing models, and DFAST/CCAR stress testing models. She has represented the Risk Analysis Division on inter-agency, intra-agency and international policy working groups, conducted bank-specific analyses of quantitative credit risk measurement and models, advised on quantitative modeling issues to bank examiners and policy makers in the OCC. She also serves as an Instructor for Consumer Credit Risk Model course for OCC examiners.

Dr. Chen's current research projects focus on credit risk modeling, forecasting, banking and financial institutions, and uncertainty. Dr. Chen received her doctorate in economics from Cornell University and an undergraduate degree from Peking University in China.


Robert Cranmer

FRTB US and Canada


Robert Cranmer is a Director in the Canadian Practice responsible for Capital Markets and FRTB. He has extensive experience in running large scale Risk and Technology implementation programmes and is currently managing delivery of FRTB at a large Canadian bank.

Hakan Danis

Director, Economic Stress Test Manager, Credit Strategies Group


Hakan Danis is currently Director in MUFG Union Bank where he is responsible for the BHC stress scenario design, expansion of supervisory scenarios and projecting 150+economic series under each scenario for use in CCAR, Mid-cycle DFAST, ICAAP, RRP, JFSA and monthly budget baseline scenarios. He has developed two challenger models (C&I and CRE credit loss) and a model that has been used to rank scenarios based on their severity. He actively participates in Review & Challenge and represents the Risk group in Overlay Committee meetings. Prior to joining MUFG Union Bank, he was Senior Economist in the Research Department at BBVA, where his forecasts were accepted one of the most accurate forecasts of U.S. economic trends in 2010 and 2011 by Bloomberg. He holds a PhD in Economics from Terry College of Business, UGA and is expert in time series econometrics and monetary policy. He has published several academic papers and worked as editor and guest editor in academic journals.

Nikhil Dighe

Vice President, Quantitative Analyst


Nikhil Dighe is a Model Validation Lead at State Street. In this role, Nikhil is responsible for supervising and conducting validation of credit risk, market risk and asset management models at State Street. He designed and developed a novel approach of quantifying risk of interconnected models and quantified this risk for CCAR models at State Street Corporation.
Prior to joining State Street, Nikhil worked at Options Clearing Corporation, world's largest equity derivatives clearing organization. Prior to that, Nikhil worked at various proprietary algorithmic trading firms designing and developing models and algorithms for pricing, risk management and automated trading of equity and index derivatives.

Alok Dutt

Director, Markets Quantitative Analysis and Data Science


Alok Dutt, Director, Markets Quantitative Analysis and Data Science, CITIGROUP

Alok Dutt is a Director in the Markets Quantitative Analysis group at Citigroup. He is an architect and manager responsible for a variety of advanced projects in data analytics, trading algorithms and automation, spanning multiple business lines and asset classes.

The common theme throughout Alok's career has been the application of advanced modeling techniques and technology to create new business lines or automate existing ones. He began his career at Bank of America in London, in several roles including interest rate derivatives modeler/structurer, and head trader for FX exotic options. Alok utilized his experience in both markets to establish their first multi-asset hybrid trading desk and guided the development of a state-of-the-art pricing and risk management system that allowed the business to scale in a flexible and controllable way. Observing that much of the trading process was manual and repetitive, Alok became interested in automation and algorithmic trading and took up an opportunity to develop the trading models and algorithms for a new automated options market making group in Morgan Stanley's Equity division. This group became one of the early pioneers in the field and was the subject of a HBS case study on how a large institution can engage in disruptive innovation by incubating small and nimble teams. After 10 years at Morgan Stanley, Alok joined Citi to manage the Systematic Trading initiative in Equity Derivatives. With the growing interest in big data analytics and machine learning, Alok's role has expanded to cover the full lifecycle of automated data-driven business including data curation, analysis and visualization. Alok has a PhD in Computer Science from Yale University and a BA in Mathematics from Cambridge University.


Mike Dvilyanski

Supervisory Special Agent at the Cyber Branch

FBI New York

Mike Dvilyanski, Supervisory Special Agent at the Cyber Branch, FBI New York

Mike Dvilyanski is Supervisory Special Agent at the Cyber Branch at the FBI's New York office. The Cyber Branch investigates national security and criminal computer intrusion matters and responds to cyber incidents in the New York City metropolitan area. In his role as Supervisory Special Agent, Mike leads an investigative team focused on sophisticated state-sponsored computer intrusions against U.S. interests. Prior to his current position, Mike was Coordinating Supervisor for the Cyber Branch in New York, where he oversaw coordination, resource, and outreach matters across national security and criminal computer intrusion programs and led the development and implementation of a cyber incident response framework for the FBI's New York office. Mike graduated from the FBI Academy in 2005. He was assigned to the New York Field Office of the FBI, where he investigated Counterintelligence and Cyber matters and was later promoted to serve as Supervisory Special Agent in the Cyber Division at FBI Headquarters in Washington, D.C., where he oversaw investigations of state-sponsored cyber threats.



Andrew Eisen

Managing Director, EDM Product Management and Cloud Strategy


Andrew Eisen, Managing Director, EDM Product Management and Cloud Strategy, IHS MARKIT

Andrew Eisen is managing director and heads product management for Enterprise Data Management (EDM) and Cloud Strategy at IHS Markit. Mr. Eisen is responsible for products, including EDM, EDM Warehouse, EDM Reporting, hosted software and managed services. Additionally, he heads cloud strategy for the organization. Mr. Eisen has nearly 20 years of experience creating leading-edge software products for the financial services community. During his 8+ year tenure at the firm, he has held multiple roles, including leading the Collaboration Services, Desktop and Parsing businesses. Prior to joining Markit, now IHS Markit, in 2009, he was responsible for designing and building a proprietary investment research platform at Telsey Advisory Group (TAG). He has also had strategic consulting and product management roles at Morgan Stanley, Visible Path, Oracle and Accenture. Mr. Eisen holds an Honors Business Administration (HBA) degree from the Richard Ivey School of Business in London, Canada.

Lori M. Evangel

Executive Vice President and Chief Risk Officer


Lori M. Evangel is Executive Vice President and Chief Risk Officer for Genworth. Lori joined Genworth in January of 2014. Prior to Genworth she was Managing Director and Chief Risk Officer at Aflac's Global Investment Division. Prior to Aflac Lori served as Enterprise Risk Officer at MetLife with responsibility for global enterprise risk management leading a cross-functional team in more than 50 countries. Lori also served in key risk management roles at MBIA Insurance and Moody's Investor Services. At Genworth Lori is responsible for leading all aspects of enterprise risk management including creating, implementing, and leading global risk management systems and strategies.
Lori holds a BA in Political Science from Middlebury College in Vermont and an MBA in Finance from the State University of New York at Albany. She resides in Richmond, Virginia with her family.

Bart Everaert

Market Manager Risk & Finance – Americas


Bart Everaert, Market Manager Risk & Finance - Americas, WOLTERS KLUWER

Bart Everaert is responsible for the vision and strategic outline of Wolters Kluwer's Risk and Finance solutions and services for the Americas market. Everaert started his career in 2005 with the firm's Professional Services team, where he led various projects in the U.S., Europe and Middle East on capital adequacy, liquidity, stress testing, IFRS 9 and regulatory reporting initiatives. This experience has made him a big believer in the need for an integrated framework across an organization's finance, risk and reporting areas.

Everaert obtained a MSc in Economics and an advanced MSc in Banking and Finance from Ghent University. He is also a certified FRM holder obtained from the Global Association of Risk Professionals (GARP).



Hany Farag

Senior Director and Head of Risk Methodology and Analytics


Hany Farag is Senior Director and Head of Risk Modelling and Methodology at CIBC. Prior to his current position he was a partner at Eastmoor Capital Partners, LLP; Managing Director and Head of FX Statistical Arbitrage at CIBC; and Head of Quantitative Research at OANDA Corporation. Prior to his industry positions he was a Postdoctoral Fellow at Caltech and at Rice University. He holds a PhD in Mathematical Analysis from Yale, a MS in Theoretical Physics from Yale, and a BSC in Electronics and Communication Engineering from Ain Shams.

Meaghan Fine

FVP - Risk Research, Enterprise Risk Services


Meaghan Fine is an FVP of Enterprise Risk Services at SunTrust Bank in Atlanta, Georgia. In this role, Meaghan is responsible for in-house macroeconomic forecasting related to CCAR / DFAST and CECL. She has an extensive background in capital management and stress testing. Prior to joining SunTrust Meaghan worked in macroeconomic research at Comerica Incorporated. She holds degrees from Millsaps College (B.B.A.) and Georgia Institute of Technology (Executive M.B.A.)./

Rayne Gaisford

Founding Partner


Rayne Gaisford is the founding partner of Olive Street
Advisers. Rayne is a strategic and systems-oriented thinker with over a decade of experience in hedge fund management. He has designed, managed and overseen the build-out and ongoing improvement of multiple data, risk and portfolio management infrastructures, providing
information delivery solutions for fund principals, investment teams, IR teams and middle/back-office functions. Rayne has worked with more than a hundred portfolio management teams across regions, asset
classes, sectors, trading styles and specializations.
By optimizing systems and introducing operational efficiency throughout the chain, Rayne successfully creates timely, accurate and actionable tools and reports, giving key decision-makers the information they need to act.
Prior to founding Olive Street Advisers, Rayne was the Director of Risk Management and a member of the management committee at Folger Hill Asset Management, a multi-manager, long/short equity fund with broad industry and geographic diversification. Rayne helped launch the fund, managed the development and risk teams, and directly designed and oversaw implementation of a complete real-time risk and portfolio management platform, inclusive of style factor risks, exposure bucketing, stress testing, portfolio volatility and correlations.
Prior to Folger Hill, he was a senior member of the risk management team at Balyasny Asset Management, a multi-manager institutional investment firm. At Balyasny he helped lead a global team of risk professionals advising, overseeing and monitoring risk across all asset classes, geographies and portfolio teams. Additionally, he oversaw the risk development/infrastructure team and championed the firm-wide adoption of a central security master and data warehouse.
Prior to Balyasny, Rayne was the Chief Risk Officer at Plural Investments, where he oversaw the build-out and evolution of the risk and portfolio management functions from fund launch to close. Prior to Plural, he was the Head of Risk Management at One East Partners and also spent time on the risk teams at Pequot Capital and Credit Suisse. Rayne began his career at Goldman Sachs on an options-specific research team and holds a B.S. in business and finance from the University of Oregon.
He lives in New York with his wife and two children.

Sunil Gangwani



Sunil Gangwani, Co-founder, PLOOTUS

Co-Founder of the fintech Start-up, Plootus. The company is developing an easy to use & integrated financial planning tool for retirement, focused especially on 401(k) market. Strategic business partner with 17 years of diverse experience in risk and finance roles with GE Capital, ING & PwC. Developed a risk appetite framework for a SIFI covering liquidity, credit and various other risk categories. Drafted liquidity stress framework for an FBO. Finance graduate from Shri Ram College of Commerce Delhi, India, Chartered Accountant from The Institute of Chartered Accountants of India and MBA from NYU Stern School of business.

Steven Geovanis

Managing Director and Chief Risk Officer


Steven is responsible for Hedge Fund Due Diligence, Risk Management of Hedge Fund Portfolios, and covers equities, fixed income and FX at Lyxor Asset Management. At the end of last year Steven did extensive analysis of Lyxor's flagship multi asset portfolio made up of $2.5 billion (after record performance in 2013). This resulted in redemption of Lyxor's systematic CTA's, and investment in discretionary macro managers, as well as the movement of their equity books towards market neutral managers and redemption from traditional credit managers. The moves were controversial at the time but are working well in the current environment.

Dmitry Green

Managing Director, Chief Risk Officer


Mr. Green is the Chief Risk Officer of Mariner Investment Group. Mariner is a New York-based hedge fund manager founded in 1992. Mariner and its associated advisers have approximately $11 billion in assets under management, covering single and multi-strategy hedge funds and other alternative investment products. Mr. Green serves on the Investment Committee and is involved in all aspects of the investment process, including asset allocation, portfolio construction, hedge management and trading. Mr. Green started his career at McKinsey & Co. and earned his Ph.D. in Theoretical Physics from Yale University in 2001.

Amit Gupta

Managing Director of Capital Markets


Amit Gupta, Partner, Capital Markets, ACCENTURE

Amit is a partner with Accenture in the capital markets practice. He has previously led Accenture's financial risk management practice in North America. He has over 18 years of consulting experience for many of the major global banks and financial institutions. His experience has predominately been in executing on large, complex risk and regulatory transformation programs.

His expertise is in regulatory requirements interpretation, designing target operating models, functional solution design, data architecture, business process modeling, and project management for Business and IT transformation programs.
Amit has authored a number of Accenture publications on responding to regulation and tackling risk management challenges in an efficient and effective manner.


Nitin Gupta

Global Head, Financial Services Partners


Nitin Gupta, Global Head, Financial Services Partners, AMAZON WEB SERVICES

Nitin Gupta is the Global Head of Financial Services Partners at AWS. In this role, he is responsible for strategy, solution development, go to market, and sales with financial services technology and consulting companies worldwide.

Nitin Gupta is a seasoned executive with over 15 years of product strategy, business development, and technology innovation experience involving fintech and financial services consulting firms. Over the course of his career, Nitin has worked with firms like Envestnet Yodlee, Capgemini Financial Services, and Headstrong Genpact. At Envestnet Yodlee, Nitin led the wealth management, credit analytics, and business banking practices.

Nitin holds an MBA from Indian Institute of Management Calcutta and undergraduate degree in Economics from Delhi University, India.


Said Haidar

President and CEO


Said N. Haidar: Managing Member and President
Said N. Haidar is the Managing Member at Haidar Capital. A graduate of Harvard University (B.A. in Economics with Honors, 1983), Mr. Haidar also received an M.A. degree in Economics from Harvard University in 1983. He undertook further graduate study in economics at the University of Chicago from 1983 to 1986 where he completed all course work in furtherance of a Ph.D. in Economics except for his dissertation. He was the Valedictorian of the prestigious Central High School of Philadelphia.
Mr. Haidar was appointed Vice President and Director of Quantitative Research in the Institutional Futures and Options division of Drexel Burnham Lambert in 1986. During the time he spent at Drexel, Mr. Haidar became a leading expert in the field of portfolio insurance. His research there led to the development of Modern Option Replication, a method of using exchange-traded options to implement portfolio insurance as opposed to dynamic trading strategies.
In 1989, Mr. Haidar joined Lehman Brothers, where he was named Senior Vice President and Director of the Quantitative Strategies Group. At Lehman, he was responsible for quantitative research modeling involving the relative value of futures and options. Finding imperfections in the Black-Scholes model for option pricing, he built new models to calculate more realistic values of options that accounted for the term structure of volatility and the thick-tailed distributions encountered in financial markets. He also derived models that accounted for the difference in pricing of Eurodollar futures and Forward Rate Agreements and that calculated the option-adjusted fair value of the bond futures basis. He regularly advised institutional portfolio managers on relative value issues. While at Lehman, Mr. Haidar also managed a foreign exchange trading strategy, which sought to profit from differences in yields among currencies, as well as advising the foreign exchange and commodity desks on risk management and exotic options pricing. He subsequently joined the Financial Products Department of Lehman Brothers as the Director of Derivative Strategies. He was responsible for devising pricing and hedging models for a wide range of structured products, including CMS and CMT-based swaps and options, Guaranteed Exchange Rate products and interest rate amortizing swaps. Mr. Haidar was also responsible for technical pricing and risk management issues, such as alternative methods of stripping yield curves and calculating hedge ratios.
In March 1994, Mr. Haidar moved to Credit Suisse First Boston ("CSFB") as Director of Proprietary Trading Research. There, he built a large number of analytical trading tools, including a sophisticated Value-at-Risk calculator. Mr. Haidar was involved in trading strategies on the proprietary fixed income trading desk in New York including global macro, US Treasury arbitrage, mortgage arbitrage and basis trading. He managed a portfolio of futures positions as well.
Mr. Haidar left CSFB in April 1997 and founded Haidar Capital Management. Haidar Capital initially focused on managed futures strategies. In September 2000, Haidar Capital made its foray into hedge funds, with the advent of its flagship hedge fund product, Haidar Jupiter Fund. Today, the firm continues to manage its flagship fund and trades in global fixed income markets (including interest rate swap and credit derivative markets), futures products, foreign exchange products (including non-deliverable forwards), and equity securities (including total return swaps on equity baskets). Mr. Haidar's approach to investment management is to look for trading strategies, which generate excess returns over long periods. To that end, Mr. Haidar and his investment team look for systematic and discretionary trading opportunities, sourced from known market anomalies documented in financial journals and major investment bank research reports, as well as from predictions regarding growth, central bank policy, etc.

Matthew Halperin

Senior Vice President, Independent Global Risk Officer


Matt Halperin, CFA is Independent Global Risk Officer and Senior Vice President for MFS Investment Management. Mr. Halperin joined MFS in 2014. Has 30 years of experience in the investment industry. At MFS Matt's role is to independently measure, monitor and assess risks in investment activities using VaR, Liquidity risk, stress tests and other risk measurements making sure the tools, people and processes are in place to support the activities. He also manages performance and attribution team. He joined MFS from TIAA-CREF, an $800bn asset manager and life insurance company. At TIAA-CREF, he was Head of Strategic and Product Risk and served on the Board of its subsidiary life insurer TCLife. Mr. Halperin spent seven years at Putnam Investments as Senior Vice President, where he served as Head of Derivative Strategy and Director of Alternative Investments. Mr. Halperin worked six years as a portfolio manager specializing in derivatives and CMOs at Allstate Insurance.
Mr. Halperin holds an MBA in finance and a bachelor's degree in history from the University of Chicago as well as a CFA designation.

Jonathan G. Harris

Vice President, Manager Non-Retail Credit Risk Analytics


Jonathan Harris is an executive leader and experienced quantitative modeler with over 20 years experience in the financial industry. He is currently VP-Manager of Non-Retail Credit Analytics for TD-Bank, leading the modeling of credit risk for TD's Commercial Portfolio. Mr. Harris previously led the modeling function in the balance sheet management group at Capital One, the modeling function for the capital markets and balance sheet modeling activities at Fannie Mae, and the modeling function for an asset manager specializing in fixed income. In these positions he has developed mortgage prepayment models, models of bank deposit behavior, derivatives pricing methodologies, interest rate models, mortgage servicing rights valuation models, economic capital models, and valuation and hedging systems.
Jonathan has a BA in chemistry and mathematics from Johns Hopkins University and a PhD in physical chemistry from the University of Chicago.

Michelle Hubertus

Managing Director, Head of CCAR for Risk


For the past 12 years Michelle Hubertus has been a specialist in all areas related to bank capital management (including economic capital, capital planning, CCAR, Basel III). At present, she is a managing director and Head of Risk Transformation, Americas at Deutsche Bank in NY. She supports the US Chief Risk Officer in shaping, managing, and delivering an interconnected portfolio of regulatory and strategic programs that are meant to ensure compliance with local regulations, cross-bank strategic initiatives, and divisional execution plans.
Prior experience includes roles as a subject matter expert on a variety of systemically important banking issues for a nonpartisan advocacy organization, global head of Capital Interpretation and Analysis team at Citi, and global head of Capital Policy and Implementation at Bank of America. She also spent 14 years at JPMorgan Chase in a variety of roles in Research, Risk and Finance.
Michelle has been an active member of numerous industry groups related to capital, risk, and regulatory reform and is a frequent speaker on risk topics.
Michelle holds an MBA in finance from the Stern School of Business and an AB from Lafayette College in economics and international affairs. She is also National Board Member of Hadassah and is the mother of three children.

John A. Ikard

Board Member and former Chief Executive Officer


Presidernt and CEO of First Bank Holding Company, Lakewood, Colorado and immediate past chairman of the American Bankers Association (ABA).

With total assets of excess $15 billion dollars, FirstBank is the second largest bank in the State of Colorado and one of the largest privately held financial institusions in the country. Despite the financial crisis, FirstBank has posted record profits every year since 2007. John started at FirstBank in 1981, and has been president and CEO of FirstBank Holding Company since 1999.

John has held leadership positions in a wide variety organizations. He formerly served on the Board of Directors of the Federal Reserve Bank of Kansas City, former Vice chair and current board member of both the Colorado Children's Hospital Board. He is past Chairman of the Denver Area Boy Scout Council past chairman of the Denver Metro Chamber of Commerce and past board member of the Colorado State University Board of Governors.

In 2010, John was honored with the prestigious "Community Banker of the Year"  by the American Banker Magazine. First Bank has been awarded the "Ethics Business" award by the Colorado Ethics in Business Alliance and named by the Denver Post as "Best Place to Work" for the last four years.

John is a graduate of the Colorado State University, holds an MBA from St. Edwards University in Austin, Texas, and is a graduate of the Pacific Coast Banking School at the University of Washington.

Cenk Ipeker

Head of NICE


Cenk Ipeker, Head of NICE, ACTIMIZE CLOUD

Cenk Ipeker currently heads the NICE Actimize Cloud business, based in Hoboken, New Jersey, focused on financial crime solutions. Joining NICE in 2013, Cenk initially led the development of NICE Actimize's long term strategy and M&A efforts. Prior to joining NICE, he founded a SaaS business providing payments, billing, and cash flow management applications for SMBs and lenders. He also was the Senior Vice President of Business Development for Fundtech, a leader in transaction banking systems.

Serguei Issakov

Global Head of Quantitative Research and Development & SVP


Serguei Issakov, Global Head of Quantitative Research and Development & SVP, Numerix
Dr. Issakov, as Global Head of Quantitative Research and Development, oversees the company's quantitative research and development globally including pricing, market and counterparty risk as well as valuation adjustments (XVAs) in all asset classes.

Prior to joining Numerix in 1999, Dr. Issakov held research positions in theoretical physics at the Nordic Institute for Theoretical Physics in Copenhagen, the University of Paris (Laboratory of Theoretical Physics and Statistical Models), the University of Oslo and the Center for Advanced Study in Oslo. Before that, he led research on models of brain rhythms at the Medical Radiological Center in Obninsk Russia.

Dr. Issakov has published over 40 papers in mathematics, theoretical physics and quantitative finance. He is a co-author of the Issakov-Ouvry-Wu equations in fundamental quantum statistical mechanics. He holds PhD in Theoretical and Mathematical Physics from Moscow Institute of Physics and Technology, from the Theory Group led by Physics Nobel Laureate Vitaly Ginzburg.


Sahil Kapoor

Vice President


Vice President, Regulatory and Industry Standard Risk Solutions, State Street Corporation
Mr. Kapoor is currently leading the liquidity product development team within State Street Global ExhcnageSM. Sahil has
developed risk solutions and provided advisory services spanning liquidity risk, market risk, and stress testing. Prior to his current
role at State Street, Mr. Kapoor was most recently the Senior Manager of Liquidity modelling and Stress Testing at the Bank of
Mr. Kapoor holds an undergraduate and a graduate degree in Mathematics from the City University of New York and a Masters of
Mathematical Finance degree from the University of Toronto.

Gonzalo Kenny

Managing Director, Head of Portfolio Optimization Desk


Ed Kim

Risk Expert


Ed Kim, Risk Expert

Ed Kim is the Head of Operational Risk Consulting at OpRisk Advisory, U.S. where Ed leads risk advisory teams to corporate clients and provides full range of Operational Risk Framework, Management, Metrics, Policy, and Transformation (TOM) consulting services.

Previously, Ed was the Head of Operational Risk, Americas at Standard Chartered Bank where he built and led the operational risk team in implementing an enhanced Operational Risk Framework, focusing on identifying, mitigating, and managing risks at process levels, especially around regulatory, AML, and Sanction risks. Prior to SCB, Ed was the Head of Operational Risk of .U.S. Wealth Management at RBC where he was responsible for implementing an enhanced AMA compliant Operational Risk Management Framework.

Overall, Ed possesses 20 years of hands-on provides leadership experience and knowledge in all areas of Operational Risk Management, Risk Strategy, Internal Controls, Process Enhancements, and the regulatory environments in which they operate.


Joshua Kotok

Chief Risk and Compliance Officer


Joshua Kotok is the Chief Risk and Compliance Officer at First Savings Mortgage Corporation. Joshua is an accomplished executive with demonstrated performance in leading operational and technology risk management and compliance initiatives. In addition, Joshua has identified and assessed operational and information technology risk from the regulatory and audit perspectives.
Prior to joining First Savings Mortgage Corporation, Joshua was the lead examiner for ongoing monitoring and targeted examinations of Freddie Mac's Operational Risk program for the Federal Housing Finance Agency (FHFA). Joshua also served as the Senior Manager of Operational and Technology Risk for the Making Home Affordable program where he led the development of the ORM framework and all supporting components. Joshua also has prior experience as a Big Four management consultant where he led several engagements for Financial Services clients specializing in operational, technology and compliance risk reviews, governance and supporting technology implementation (GRC).
Joshua holds a Bachelor of Science degree in Information Systems from Florida State University. Joshua is a Certified Fraud Examiner (CFE) as well as a Certified Information Systems Auditor (CISA). In addition, Joshua has held numerous industry association board positions including serving as the President and Education Director of the ISACA South Florida chapter and Vice President of the iCoast CIO council. Joshua is also a past presenter for the Global Association of Risk Professionals (GARP) and the Operational Risk North America conferences.

Gus Koutsoumbelas

Director, Model Risk Management


Gus Koutsoumbelas is in the Model Risk Management Dept. at MUFG Union Bank, and is responsible for model validation of enterprise-wide risk models under MUFG's global framework including BTMU NY, MUTB, and MUS (USA), as CUSO & IHC entities responsible for global commercial, trust and securities/broker-dealer banking business. He has validated a wide range of models in the market risk, credit risk and enterprise-wide risk areas including: liquidity risk stress testing frameworks, CCR models, BSA/AML & OFAC sanctions screening, and fraud behavior & detection models, swaptions, tax-leasing, country risk, and initial margin (SIMM) models, as well as, contributor in CLAR & CCAR/DFAST stress testing, and PPNR model validations. Gus has experience in developing and validating models across various facets of model lifecycle including development, implementation, validation and model governance. Previously, he has provided consulting services as Credit Risk Quant at Citizens Bank (RBS) in EC examination of Treasury portfolios; Senior Market Risk Quant at Hudson City Savings Bank in validation of bank's liquidity risk framework; and Lead Credit Risk Model Developer of prepayment model at GE Capital. Additionally, he was Head of a Quant Team for 10 years at Pershing, BNY Mellon providing services in the areas of Portfolio Investment and Risk Management. Gus graduated with an MSc and BSc in Electrical Engineering and Electro-physics with minors in nuclear physics and computer science from Polytechnic University.

Elena Kvochko

CIO - Group Security Division


Elena Kvochko is CIO for the Group Security Division at Barclays Bank. Previously, she served as Head of Global Cyber Security Strategy Implementation at Barclays. Her focus is on enabling the highest degree of security that scales to protect over 48 million customers and 130.000 employees globally. She has worked to develop and introduce a new security model to deliver a holistic end-to-end security bringing together physical, cyber security, intelligence, investigations, resilience, protecting the company from threats regardless of their nature and enabling cross-channel visibility. Elena co-authored books on managing complex security and technology transformations for enterprises and contributed to Forbes, Harvard Business Review, and other media outlets. Elena was named among Top 100 CIOs 2017 by CIO Magazine and was part of Fortune Magazine's Most Powerful Women International.

Jimmie H. Lenz

Head of Predictive Analytics


Dr. Jimmie Lenz is an experienced executive, lecturer and scholar in the field of banking and capital markets.
Starting his career as an equity trader over 25 years ago, Jimmie found he reveled in fast moving atmospheres that required both strategic thought and the ability to take immediate action. His successes propelled him into a number of senior management roles within the finance community including leading an NYSE broker dealer with foreign and domestic operations, where he was able to test both the appetite for and capacity of electronic trading platforms.
Global financial services firms and exchanges have engaged Jimmie to address issues related to strategic and tactical planning, risk mitigation, and business efficiencies. This in-depth understanding of the capital markets industry has allowed him to provide crucial perspectives in foreign and domestic regulatory matters, including extensive work with outside counsels and the presentation of findings to the Security and Exchange Commission.
His passion for developing forward-looking strategies, merge his unique boots-on-the-ground understanding of how the capital markets work with the academic application of new technologies.
Jimmie holds an undergraduate degree from the University of South Carolina, a Master of Science in Finance from Washington University in Saint Louis, and Doctor of Business Administration-Finance from Washington University's Olin Business School. He has a number of pending patents related to his work and frequently speaks at academic and industry events primarily on topics related to innovation, risk, and quantitative analysis.

Julia Litvinova

Head of Model Validation and Analytics, Managing Director


Julia Litvinova is the Head of Model Validation and Analytics at State Street. In this role Julia is responsible for supervising validation of a broad range of models for credit, market, ALM, liquidity risks and asset management at State Street as well as quantifying and managing model risk at the firm-wide level.

Prior to joining State Street Julia worked at the Brattle Group, the economic litigation consulting company. She received her Ph.D. in Economics from Duke University, M.A. in Economics from New Economics School and M.S. in Mathematics from Moscow State University.


Robert Linklater

SVP, Head of Stress Testing


obert Linklater leads the stress testing and Capital Target Setting for the US operations of TD Bank. He previously led the implementation of CCAR, Valuations, Capital reporting and initiatives for the Wholesale Bank of TDBG. He was also responsible for Global Stress testing across the Wholesale Bank and led certain Volcker-related initiatives at the Wholesale Bank and Enterprise level, in addition he was the CFO various subsidiaries related to Private Equity and Asset Securitizations.

Prior to TD Bank, Mr. Linklater held various positions at the Royal Bank of Canada including Head of Corporate Treasury Finance. He was responsible for enterprise derivative and hedge accounting and reporting, accounting and reporting of treasury related activities, including securitization. He led the IFRS transition for these areas. He had also held the position of Head, External Reporting at Royal Bank of Canada where he was responsible for the Annual and Quarterly Report to Shareholders, ensuring compliance with Canadian and US GAAP, securities law and Basel II. He held senior management roles in Group Risk Management leading enterprise credit provisioning and Basel II parameter estimation initiatives. Robert has five years of experience in public accounting, with Coopers & Lybrand in Canada and the United Kingdom working primarily with financial institutions. He holds a Bachelor of Commerce degree in Finance from McGill University and a Masters of Business Administration from the University of Toronto.


Rod Lowe

Risk Management Executive


Rod Lowe is a Risk Management Executive at Vanguard and has been with the firm since 2008. He brings over 20 years of subject matter expertise in Operational Risk Management, Internal Audit, Accounting, and Financial Planning & Analysis. He spent ten years working abroad in Europe, Middle East, and Africa for Ernst & Young, AC Nielsen, and Western Union. Rod holds a Bachelor of Science degree in Finance from Pennsylvania State University and an MBA in Finance from Duquesne University.


Stevan Maglic

Senior Vice President, Risk Analytics


Steve is Senior Vice President and head of Quantitative Risk Analytics at Regions Bank, where his current responsibilities focus on quantitative aspects of forecasting and stress testing, risk rating, valuation, economic capital, credit strategy, reserve methodologies and credit portfolio management.  Steve has 20 years of industry experience in quantitative modeling and risk management and has prior experience building portfolio management and analytics infrastructure at Merrill Lynch, Bank of Montreal and ABN AMRO.  Steve has a Ph.D. in applied physics from Northwestern University, a B.S. in physics from University of Colorado in Boulder, and has held Series 7 and Series 63 certifications.

Ash Majid

Head of Risk Management



Ash Majid is an Executive Director and Head of Risk Management for SMBC Capital Markets, Inc., a wholly owned subsidiary of Sumitomo Mitsui Banking Corporation (SMBC). In his current role he oversees teams responsible for managing the firm's market risk, counterparty credit risk, model risk, operational risk and regularity risk.
Prior to joining SMBC Capital Markets, Ash worked at Ernst and Young, LLP within their Quantitative Advisory Services and SunTrust Banks, Inc. with oversight of their derivatives trading desks' market risk. Ash holds a Doctorate degree in Electrical and Computer Engineering and a Master's degree in Quantitative and Computational Finance from Georgia Institute of Technology.

Sandeep Maira

‎Global Head, Enterprise Risk Technology


Sandeep is responsible for managing Enterprise Risk, Compliance and Financial Regulatory Reporting Technology at BNY Mellon. In this capacity he is responsible for defining and implementing the technology strategy and architecture for these areas. The functions aggregate and report risk, financial and compliance information across the lines of businesses within the firm. He implemented data sourcing, calculation and aggregation platforms across all major risk domains including credit risk, operational risk, market risk and liquidity risk. He also helped define the data architecture for risk and regulatory reporting, with the goal of ensuring that it could be used at the enterprise level.

Sandeep also oversees other risk related platforms including for operational risk monitoring, credit ratings, economic capital and reserves. In addition, he is responsible for the CCAR strategic technology effort.

Prior to BNY Mellon, he was head of risk technology at JP Morgan Asset Management. In earlier roles he worked at Citigroup and Lehman Brothers in derivatives, FX and margining related areas. While at Citigroup, he also worked on an electronic cash initiative that was an early predecessor to Bitcoin. He has Bachelor's and Master's degrees in Computer Science from Cornell University.


Udit Mahajan

Global FRTB lead


Udit Mahajan has been leading the market risk analytics and regulatory space at Deloitte across its portfolio of top tier banks. He specialises in front-to-back implementation of market risk regulations (current focus being FRTB), which includes model development, IT implementation, market data strategy and business capital impact assessment

Daniel Mayer

Global FRTB Lead


Daniel Mayer, Global FRTB Lead, DELOITTE

Daniel Mayer is one of Deloitte's global leads for FRTB. He supports top tier banks with end to end delivery of FRTB and has developed methodologies and applications for analysing the capital impact of the new models.

Andrew McClelland

Director, Quantitative Research


Andrew McClelland, Ph.D., Director, Quantitative Research, Numerix
Andrew McClelland's work at Numerix focuses on counterparty credit risk issues including valuation adjustments and counterparty exposure production for structured products. He also works on numerical methods for efficient production of risk profiles under real-world measures.
Andrew received his Ph.D. in finance at the Queensland University of Technology in financial econometrics. His research involved markets exhibiting crash feedback, option pricing, and parameter estimation using particle filtering methods. His work has been published in the Journal of Banking and Finance, the Journal of Econometrics, and the Journal of Business and Economic Statistics.

Manish Nagar

Principal and Global Head of Investment Risk


Elliott Noma



Dr. Noma teaches machine learning at Columbia University and quantitative risk management in the Masters in Mathematical Finance program at Rutgers University. Earlier in his career, Dr. Noma was a professor in the Psychology Department of Rutgers University, publishing in the areas of statistics, psychometrics, applied decision making and group dynamics.

Dr. Noma is also the founder of Garrett Asset Management, an investment firm that uses behavior models to trade in futures, ETFs, and currencies. Prior to founding Garrett Asset Management, Dr. Noma was a portfolio manager running a fund of hedge funds and was the Chief Risk Officer at Asset Alliance, a seeder of hedge funds.
Dr. Noma currently advises fintech companies in the application of machine learning, natural language processing and blockchain technologies.
Dr. Noma graduated from Dartmouth College with a B.A. in Mathematics. He received an M.A. in Mathematics and a Ph.D. in Mathematical Psychology from The University of Michigan.


Dilip K. Patro

Chief, QMA (Quantitative Model Analysis), RMS Complex Financial Institutions


Dilip is the chief of the Quantitative Model Analysis Section for the FDIC where he manages a staff of economists and mathematicians who work on various risk analysis, modeling and model risk management issues for large and complex financial institutions. Dilip also serves as a risk management and modeling expert in bank examinations for derivatives pricing, market risk, counter party credit risk, stress testing, CCAR and Basel/DFA based regulatory requirements. Before joining the FDIC, Dilip was the deputy director of market risk analysis at the OCC where he worked on OCC's supervisory review of market and counter party risk management and quantitative models. Before working at the OCC, Dilip was an Assistant Professor of Finance and has several scholarly and practitioner publications in various journals and books. At the OCC, he also represented the agency in various policy initiatives related to activities of the Basel Committee and FSB. Dilip is also a co-author of OCC 2011-12/FRB SR 11-7 guidance for model risk management. Dilip has a bachelor's degree from IIT, India, a CFA charter, and a Ph.D. in finance from the University of Maryland.

Dilip K. Patro

Chief, QMA (Quantitative Model Analysis), RMS Complex Financial Institutions


Dilip is the chief of the Quantitative Model Analysis Section for the FDIC where he manages a staff of economists and mathematicians who work on various risk analysis, modeling and model risk management issues for large and complex financial institutions. Dilip also serves as a risk management and modeling expert in bank examinations for derivatives pricing, market risk, counter party credit risk, stress testing, CCAR and Basel/DFA based regulatory requirements. Before joining the FDIC, Dilip was the deputy director of market risk analysis at the OCC where he worked on OCC's supervisory review of market and counter party risk management and quantitative models. Before working at the OCC, Dilip was an Assistant Professor of Finance and has several scholarly and practitioner publications in various journals and books. At the OCC, he also represented the agency in various policy initiatives related to activities of the Basel Committee and FSB. Dilip is also a co-author of OCC 2011-12/FRB SR 11-7 guidance for model risk management. Dilip has a bachelor's degree from IIT, India, a CFA charter, and a Ph.D. in finance from the University of Maryland.

Michael Pykhtin

Manager Quantitative Risk Management Section Supervision and Regulation


Michael Pykhtin, Manager Quantitative Risk Management Section Supervision and Regulation, FEDERAL RESERVE BOARD

Michael Pykhtin is a manager in the Quantitative Risk section at the U.S. Federal Reserve Board. Prior to joining the Board in 2009 as a senior economist, he had a successful nine-year career as a quantitative researcher at Bank of America and KeyCorp. Michael has co-edited "Counterparty Risk Management" (Risk Books, 2014), edited "Counterparty Credit Risk Modelling" (Risk Books, 2005) and contributed chapters to several recent edited collections. Michael has published extensively in the leading industry journals. He has been an Associate Editor of the Journal of Credit Risk since 2007. Michael is the recipient of Risk Magazine's Quant of the Year award for 2014. Michael holds a Ph.D. degree in Physics from the University of Pennsylvania and an M.S. degree in Physics and Applied Mathematics from Moscow Institute of Physics and Technology.

Mandar Rege

Enterprise Head of Technology Risk


Currently he is the Enterprise Head of Technology Risk Management at TD Bank Group. Before TD, Mandar was in various practice leadership and client service roles at Accenture LLC, Alvarez & Marsal LLP,  KPMG LLP and Ernst & Young LLP serving clients globally across diverse industry sectors.
Mandar has also previously served in operational roles as a senior executive in security and technology management to transform and operate technology, security and technology risk management programs. This includes serving as the interim CISO at a top-10 bank in North America with a global footprint.
He is an active member of the professional community and has presented at industry forums like the RSA and IAPP Conferences. Additionally, he is an Adjunct Professor at New York University and served as the Chair of the Canadian Banking Association's CIRT (CISO Forum). He holds the CISSP, CIPP, CISA, and PMP certifications.

Jodi L Richard

SVP, Chief Operational Risk Officer

U.S. Bank

Jodi Richard is Senior Vice President and Chief Operational Risk Officer at US Bank. Jodi leads the Operational Risk Management (ORM) function, which includes core Operational Risk Policy and AMA Framework components, Corporate Operational Risk programs and risk oversight functions . These include, Disaster Recovery / Business Continuity, Third Party Risk Management, Business Change and Product Due Diligence, Privacy compliance, Fraud Risk Management, Payments Risk, Enterprise Complaint Management, Physical Security and Executive Protection, Crisis Management, and Fraud investigation operations. The ORM function also is responsible for independent risk oversight of Information Technology Risk, Information Security Risk, and Data Governance which are centrally managed in the Technology and Operations Services support function.
Prior to joining U.S. Bancorp, Jodi was Executive Vice President and Head of Operational Risk and Internal Control for HSBC North America; where she led Operational Risk Management, AMA capital modeling, Risk-Based Incentive Compensation Program, Product Due Diligence, Enterprise Policy, Control Issue Management, Fiduciary Risk Management, and the enterprise risk heightened standards program. Jodi was with HSBC for 11 years, and served in other enterprise Risk roles including Head of Risk Governance and Administration, and Director of Regulatory Compliance. Prior to joining HSBC Jodi spent 12 years with the Office of the Comptroller of the Currency (OCC) where she served as National Bank Examiner specializing in retail credit and credit card bank supervision. Jodi was Chief Compliance Officer for Sears National Bank in between two periods with the OCC.

Jodi is an active member in industry groups, and serves as a member of RMA's Operational Risk Council, Chairman of the AMAG Steering Committee, and is a featured speaker at risk management conferences. Jodi serves on the Board of Directors of the Operational Risk Exchange (ORX). Jodi is a graduate of Leading Women's Executive program and was part of the American Banker's Most Powerful Women in Banking -Top Team Award in 2013 and 2015.

Jodi holds a B.A. in Finance from the University of Northern Iowa.


Gordon Ritter

Senior Portfolio Manager


Gordon Ritter completed his PhD in mathematical physics at Harvard University in 2007, where his published work ranged across the fields of quantum computation, quantum field theory, differential geometry and abstract algebra. Prior to Harvard he earned his BA with honours in Mathematics from the University of Chicago.

Gordon is a senior portfolio manager at GSA Capital, and leader of a team focused on quantitative absolute return strategies. GSA has won the Eurohedge award for Equity Market Neutral & Quantitative Strategies four times, with numerous other awards including in the long-term performance category. Prior to joining GSA, Gordon was a Vice President of Highbridge Capital and a core member of the statistical arbitrage group, which was among the most successful quantitative trading groups in history.

Concurrently with his positions in industry, Gordon teaches courses ranging from portfolio management to econometrics, continuous-time finance, and market microstructure at Rutgers University, Baruch College (CUNY) and New York University. He has published several articles on portfolio theory and machine learning for trading in top journals including Risk, and the European Journal of Operational Research.

Yujush Saksena

Managing Director, Market Risk


Over twenty-five years of experience in global financial institutions in various Risk Management roles at a country, region, and corporate level. In-depth understanding of Bank Risk Governance Regulatory and Compliance requirements for Market Risk, including CCAR PPNR, Model Development, Model Validation and experience in implementing solutions to meet bank regulatory requirements. Demonstrated ability in managing cross-functional teams on large, complex projects and delivering results.

Hilmar Schaumann

Head of Macro Risk Management


Hilmar Schaumann, Head of Macro Risk Management, BANK OF AMERICA

Hilmar Schaumann is responsible for Bank of America's macro risk management (Global Rates, G10 FX, Global Financing & Futures, and Commodities). Previously, Hilmar was the Head of US Risk Management at Brevan Howard and the Chairman of the Executive Committee of Brevan Howard's US entity. Prior to that, Hilmar was the Chief Risk Officer of Fortress Investment Group, a NYSE-listed alternative asset management firm active in structured credit, private equity, and global macro. Previously, Hilmar had been a portfolio manager trading global rates and corporate credits. He started his career at Deutsche Bank trading fixed income arbitrage.

Hilmar studied mathematics at the University of Hannover and graduated from Harvard Business School by completing the Program for Management Development.


Shahed Shafi

Director, Market Risk Group Manager, Global Counterparty Portfolio Optimization


Shahed Shafi, Director, Market Risk Group Manager, Global Counterparty Portfolio Optimization, CITIGROUP

Julie Sherratt

Managing Director


Julie Sherratt joined TD Asset Management Inc. (TDAM) in January 2001. As Head of Investment Risk, Julie has responsibility for the Manager Research, Performance Measurement and Risk teams. Manager Research has responsibility for oversight of all mutual fund sub-advisors, Separately Managed Accounts and recommended mutual funds on behalf of TD Wealth in both Canada and the US. The Risk teams are divided by asset class and are responsible for understanding the risks inherent in each portfolio and ensuring those risks align with mandate expectations. Performance Measurement is responsible for calculating, quantifying and understanding the drivers of performance for all investment portfolios. In her previous role as Vice President, TD Harbour Capital, she oversaw the client service, trading and operations for Harbour's high net worth clients. She has also held several positions with leading firms in the Canadian brokerage industry. Julie completed her Bachelor of Arts in Economics at Simon Fraser University and is a CFA charterholder.

Suhail Shergill

Director, Data Science and Model Innovation


Alexey Smurov

Senior Director


Alexey Smurov is Senior Director and Head of Capital Model Validation at Capital One. Dr. Smurov has over 10 years of experience in the financial services industry. Over the last 5 years, he's been leading Capital One's model risk management team in the areas of Regulatory and Economic Capital across the full spectrum of risk types: Credit, Counterparty, Operational and Market risk. Alexey earned a PhD in Economics from the University of Georgia. He also holds the Chartered Financial Analyst (CFA), Financial Risk Manager (FRM), Energy Risk Professional (ERP) and Professional Risk Manager (PRM) designations.

Jorge R. Sobehart

Managing Director, Risk Architecture


Jorge R. Sobehart is a Managing Director at Citi Risk Architecture (Credit and Operational Risk Analytics) where he is involved in credit risk capital measurement and allocation, stress testing, advanced portfolio loss models for wholesale credit exposures, credit migration and default risk modeling. Previously, he was a member of Moody's Standing Committee on Quantitative Tools and VP senior analyst in Moody's Risk Management Services, where he developed default risk models, early warning tools and model validation metrics and procedures.

During his career, he has worked and acted as a scientific consultant for several prestigious companies and institutions making contributions in different fields, and publishing numerous technical articles and conference papers. He also acted as a referee for many professional journals in risk management, finance, physics, computation and mathematical modeling. Dr. Sobehart has advanced degrees in physics and has postdoctoral experience at the US-Los Alamos National Laboratory.


Craig Spielmann

Operational Risk Specialist

Operational Risk Specialist

First Data - Craig is Global Head of Enterprise Risk Management Strategy and is responsible for developing and implementing the ERM Framework Elements, Integrating Risk Management into the Business Strategy, executing Top Risk Assessments, developing and driving the RCSA and Scenario Analysis Programs, ERM Training, Bank Sponsorship Risk Analysis, collecting and reporting External Events and leading the ERM Technology Program's Strategy and Architecture.
RBS - MD - Head of Operational Risk Management for the Americas where he was responsible for driving risk practices and governance to comply with the Federal Reserve's Cease & Desist Order over America's businesses. Craig designed major changes to RBS's risk framework and compensation program to align with the Federal Reserve's Compensation Initiative and Dodd -Frank. He also implemented regional level scenario analysis on major industry exposures such as DDOS, foreclosures practices, and Model Risk Management program. He also co-chaired the Americas Compliance and Operational Risk Committee and was a member of the IT Risk Committee, ORM Capital and Vendor Management Committees. In addition, Craig was also the
RBS - MD - Global Head of ORM's Systems and Analytics where he developed advanced analytical risk systems and ran the Global Risk Data Aggregation Initiative for ORM.
Citigroup - SVP/ CAO and Head of Risk Management for Global Technology Operations. Craig created and developed the firmware IT Risk Management Approach and Culture Initiative, developed a business approach to application risk classification, led the Executive Committee member and key driver of Citi's IT Risk Reengineering Initiative, Chaired the business wide Electronic Communications Committee.
J.P. Morgan - Head of JPM's Horizon Risk & Advisory Business. Craig created JPMorgan's Horizon GDC Solution deployed at J.P. Morgan and throughout the top institutions in the financial industry. Won several risk and technology awards including "Best Operational Risk Assessment Software," Received a Patent on "Measuring and Managing Operational Risk". Closed 26 major deals with top financial companies and regulators such as: The Federal Reserve Bank, Merrill Lynch, Credit Suisse, Prudential, The World Bank, Bank of China, Hong Kong Monetary Authority, Swiss Re, Bank of Tokyo - Mitsubishi, ABSA, Bradford& Bingley, British Petroleum, Kasikorn Bank, Developed an industry standard methodology for operational risk convergence .
J.P. Morgan - Head of Information Technology Risk Management . Craig built J.P. Morgan's first Global IT Risk Department and initiated significate changes such as forming and chairing the Global IT Governance Committee, rolling out RCSA ‘s globally, defining key performance metrics and creating regular dialogue with regulators around the world.
RiskTao, LLC - Craig is the CEO & Founder of RiskTao, LLC which specializes in Enterprise Risk Training and Advisory Services.
Education: Graduated from Iona College with a Double Major in History and Communications

Rodney Sunada-Wong

Chief Risk Officer, U.S. Broker-Dealer and U.S. & Mexican Swaps Dealers


Rodney Sunada-Wong, Chief Risk Officer, U.S. Broker-Dealer and U.S. & Mexican Swaps Dealers, MORGAN STANLEY

Mr. Sunada-Wong is the Chief Risk Officer for Morgan Stanley's U.S. Institutional Broker-Dealer and its U.S. and Mexican Derivatives Swaps Dealers, overseeing Market, Credit, Operational and Liquidity risk for these legal entities. He strategizes with Business Lines and with Treasury on allocating risk-taking to optimize Regulatory Capital, Initial Margin, liquidity requirements across legal entities. Key projects are enhancing governance and risk infrastructure to meet evolving regulatory challenges related to Recovery Resolution Planning ("RRP"), and the Initial and Variation Margin and Capital requirements promulgated by the FRB/FDIC, CFTC and the SEC.

Mr. Sunada-Wong teaches grad-level courses in Corporate Finance at Columbia University's IEOR school, and in Modeling Securitized Products at NYU's Courant Institute.

Previously, he oversaw market risk for Morgan Stanley's deposit-taking banks, and the Wealth Management and Global Treasury divisions, and before that, for Merrill Lynch's deposit-taking banks. Mr. Sunada-Wong began his risk management career at Commodities Corporation (Goldman Sachs Hedge Fund Strategies) and at Bankers Trust. He received his MBA in Finance from Cornell University's Johnson Graduate School of Management, and his AB from Harvard College.



Charles Tao



Charles Tao is a Director in Citi's ICG Risk Analytics Group, where he leads a team responsible for the development and implementation of Basel 2.5 IRC, CCAR trading and counterparty credit risk IDL, and FRTB DRC models. His team is also actively involved in other aspects of Citi's FRTB implementation, particularly for credit and mortgage-related products. Prior to joining Citi, he worked as an investment risk manager at State Street Global Advisors , focusing on risk budgeting, portfolio optimization and asset allocation of the firm's fixed income portfolios; and as a senior data scientist at the Research Department of Novartis, where he developed statistical data mining and machine learning methods to identify patterns in large and complex data sets. He has a doctoral degree in Physics and a master's degree in Computer Science from New York University; and has earned the Chartered Financial Analyst (CFA) and Financial Risk Manager (FRM) designations.

Kevin Walsh

Deputy Comptroller for Market Risk


Kevin P. Walsh is Deputy Comptroller for Market Risk at the Office of the Comptroller of the Currency (OCC).

In this role, Mr. Walsh directs market risk activities including policy formulation and risk monitoring for trading activities, derivatives, structured products, liquidity, interest rate risk, and asset management. He also serves as co-chair of the OCC's National Risk Committee and as a principal advisor on systemic risk facing the banking system. He took on this role in January 2014.

Mr. Walsh joined the OCC in 2012 as a capital markets examiner in Large Bank Supervision and served as Group Leader in the Office of the Chief National Bank Examiner's Financial Market Risk unit before taking on his current duties.

Prior to joining the OCC, Mr. Walsh was the Managing Director for Merchant Data Repository LLC, a start-up company providing solutions for trade reporting, collateral management, and clearing in the derivatives market. His previous positions include Managing Director for Business Development in the Global Markets Group at BNY Mellon, Senior Vice President and Manager for the Derivative Products Group at Mellon Bank, NA, as well as managerial positions with BZW Securities and Smith Barney.

Mr. Walsh earned a master's in business administration from the Columbia University Graduate School of Business and a bachelor of arts from St. Lawrence University.


Cindy Williams

former Chief Risk Officer Regulatory Coordinator for Americas


Cynthia (Cindy) Williams has more than 25 years of experience working as a financial/ banking professional with extensive experience in risk management, examination (from regulatory and bank perspectives), and compliance with Large Financial Institutions (LFIs) rules. She is a results-focused leader with proven success in regulatory supervision/ horizontal examination, capital markets review, model applications, liquidity review, and management of multiple, simultaneous projects. Currently, Ms. Williams provides specialized consulting regarding regulatory, risk, and audit expertise for US and Basel rules. Prior to joining TechPar Group, Ms. Williams was the CRO Regulatory Coordinator for the Americas at Credit Suisse where she acted as the central point of contact for all risk-related regulatory matters in the region covering market, credit, liquidity and operational risks.

Prior to joining Credit Suisse, Cindy spent 14 years in the Federal Reserve System in New York, Charlotte and Atlanta holding positions in enterprise risk management/ risk reporting and Large Financial Institutions supervision in market risk, models and methodology, capital market and liquidity, and relationship management teams.

Ms. Williams began her career performing credit and investment portfolio analysis, and asset/ liability management modeling.

Peter Williams

Global Technology Lead, Financial Services Partners


Peter Williams, Global Technology Lead, Financial Services Partners, AMAZON WEB SERVICES

Peter Williams manages global technical direction for the AWS Financial Services Partner ecosystem. He has extensive experience designing financial cloud solutions for trading and risk management divisions of banks and insurance companies. Prior to AWS, Peter worked at AIG, where he headed the Risk Analytics Technology department, and was responsible for analytics model development and regulatory risk reporting of AIG's $350B investment portfolio, including all CCAR and trading risk calculations. Prior to AIG, he headed US Credit and Syndicate Trading Technology at RBS, responsible for development and support of the US Credit Trading and US Syndication desks. Peter has a BS in Computer Science Engineering from Columbia University.

Leon Xin

Executive Director, Head of Risk, Portfolio Construction and Hedge Fund, EFG,


Leon Xin is the Head of Risk and Portfolio Construction and Hedge Fund Strategist for the CIO team of the Endowments and Foundations Group at JP Morgan. Mr. Xin conducts risk analysis and quantitative research to construct portfolios and improve portfolio efficiency. He is also responsible for research and selection of hedge fund managers. Mr. Xin joined J.P. Morgan in 2016 and has 11 years of investment industry experience.

Prior to J.P. Morgan, Mr. Xin worked for over 10 years as the Head of Alternative Investment Risk team at UBS Asset Management, where he covered UBS O'Connor, an internal multi-strategy hedge fund. As the Head of Risk team, Mr. Xin was responsible for risk analysis and quantitative research on multi-strategy hedge fund investing in equity, credit, risk arb, convertible arb, macro and volatility strategies. Prior to UBS, Mr. Xin worked as an associate in Ping An Insurance of China for two years on strategic planning projects.

Mr. Xin received a M.S. degree in Applied Math from the University of Illinois at Chicago and is a CFA charter holder.


Han Zhang

‎Managing Director, Head of Market Risk Analytics


Wei Zhu

Managing Director


Wei Zhu is a Managing Director in Citi's Institutional Client Group's (ICG) Risk Analytics group, where he heads the global Market Risk Analytics team with oversight on counterparty credit risk modelling. After joining Citi in 2001, he has been focusing on building quantitative models to capture market risk and counterparty credit risk, for the purpose of both internal risk management and regulatory capital calculation. Mr. Zhu received his BS in Physics from Fudan University, and his PhD in Physics from New York University. He is also a CFA charter holder since 2004.

Oscar Zheng

Head of Global Market Risk Model Validations


With 8 year experience in market and counterparty risk model validation, Oscar is a market risk model expert and head of global market risk model validations at BNP Paribas. He is in charge of validating VaR, SVaR, IRC and CRM models for cross-asset products.
Oscar holds a Master's degree in quantitative finance from the ecole Mines ParisTech, France.

Advisory Board

Kris Devasabai

New York Bureau Chief


Kris Devasabai is the New York bureau chief for Risk.net. Previously, he was US editor of Risk magazine and now he manages the editorial team in New York. Prior to joining Risk, he covered hedge funds, asset management, cross-border investing and law for several publications.
Kris holds a bachelor's degree in law and government from the University of Manchester, and he completed his legal training at the Inns of Court School of Law in London. He was called to the bar of England and Wales in 2003.

Rick Harper

Head of Fixed Income and Currency


Rick Harper serves as the Head of Fixed Income and Currency for WisdomTree Asset Management, where he oversees fixed income and currency products developed through our collaborations with Mellon Capital Management and Western Asset Management. Rick has over 21 years investment experience in strategy and portfolio management positions at prominent investment firms. Prior to joining WisdomTree in 2007, Rick held senior level strategist roles with RBC Dain Rauscher, Bank One Capital Markets, ETF Advisors, and Nuveen Investments. At ETF Advisors, he was also the portfolio manager for some of the earliest fixed income exchange-traded funds.
His research has been featured in leading periodicals including the Journal of Portfolio Management and the Journal of Indexes. He is a graduate of Emory University and earned his MBA at Indiana University.

Tomo Kodama

‎Managing Director, Counterparty Portfolio Management


Tomo Kodama is currently a Managing Director in the Counterparty Portfolio Management Group at Bank of America Merrill Lynch, which deals with firm wide XVA. The Risk Optimization Desk, which Tomo manages, focuses on MVA and on XVA Optimization.
Tomo chaired the SIMM Risk Classification and Methodology Committee which developed the ISDA SIMM model, a standard initial margin model for the uncleared derivatives market. Currently, Tomo serves as chair for the ISDA SIMM Governance Forum and industry chair for ISDA's WGMR Oversight Committee.
Tomo's previous experience includes derivatives trading and structuring, global head of electronic trading and global head of financing risk at Bank of America Merrill Lynch

Tilak Lal

Head of Risk - Alternatives


Tilak Lal is a managing director of K2 Advisors, L.L.C. and Chief Risk Officer for the firm. In addition, he is responsible for the Performance and Investment Risk function within Franklin Templeton Solutions.
Mr. Lal joined K2 Advisors, L.L.C. in 2009 as Director of Risk Management.
Mr. Lal began his career as a flight controls engineer at the Boeing Aircraft Company. In 1997, Mr. Lal joined PricewaterhouseCoopers in New York as a senior consultant focusing on the Reuters Risk Management system. He later joined Reuters and served as the Product Support and Client Services Manager. He joined Askari Risk Management Systems (a State Street business unit) in New York in 2000 as the Head of Client Services. He was appointed Global Head of Financial Engineering in 2002. In 2006, Mr. Lal joined Pequot Capital, a multi-strategy hedge fund based in Westport, Connecticut as a senior risk analyst. He became Pequot's Chief Risk Officer in 2008.
Mr. Lal has a B.S. in mechanical engineering from Rutgers University, an M.S in electrical engineering from Georgia Institute of Technology, and an M.B.A. in finance from Columbia Business School. Outside K2, Mr. Lal is a member of the Rutgers University Board of Trustees. Mr. Lal chairs the investment committee for the university's endowment. He also serves on the Industry Advisory boards of the Rutgers University School of Engineering and the Rutgers University Masters in Mathematical Finance (MSMF) program. In addition, Mr. Lal sits on the Board of Advisors of the University of Connecticut Masters in Financial Risk Management (MSFRM) program and also teaches in the program as an adjunct professor. Mr. Lal holds a Chartered Financial Analyst (CFA) designation and a Financial Risk Manager (FRM) designation.

Richard O’Connell

‎Global Markets Lead for Risk, Capital, and Regulatory Change


Richard O'Connell has worked at Credit Suisse since 2007. Currently, he is part of the Front-Office Risk Management organization (Chief Trading Risk Office) for Global Markets, and is the lead for Risk, Capital, & Regulatory Change. His mandate covers Basel IV, US IHC RWA methodology, CCAR calculations, and similar areas; issues include capital-efficient trading structures, methodology enhancements, and impact assessment & remediation. Prior to his current role, he was the lead within the Quant Strats group supporting Securitized Products.
Richard has worked in a variety of roles in finance since 1998, spanning programming, quantitative support, research, and trading; many of these roles have focused around Mortgage-Backed Securities and Securitized Products. Prior to Credit Suisse, he was previously employed at Citigroup and RBS.
Richard received his PhD in Mathematics from Georgia Tech in 1998.

Arthur Rabatin

Head of Market Risk Technology


Arthur was leading globally the Front Office Counterparty and Funding Risk Technology group at Deutsche Bank AG. His responsibility covers CVA/FVA calculation, real-time risk monitoring and OTC margining technology. Throughout his career, Arthur specialised in designing technology solutions for Front Office and Regulatory risk management, in Financial and Commodity trading.
Prior to Deutsche Bank he held technology leadership roles at Barclays Capital, EdF Trading and worked as an independent risk and treasury technology consultant.

Manan N. Rawal

Head of Scenarios & Modeling - CCAR & Stress Testing


Manan is currently a Senior Vice President at HSBC where he focuses on
stress testing and enterprise wide risk management. Previously, he was
Regional Manager of OTC Derivatives Pricing and Risk for HSBC's securities services division which involved evaluating client portfolios across multiple asset classes and strategies in the alternative investment space. Manan also worked at Deutsche Bank, Swiss Re and DKR Capital. At DKR, he ran a portfolio focusing on global volatility trading across convertible bonds and equity derivatives. His experience covers portfolio management for derivative products as well. He is also an adjunct faculty member at the New York Institute of Finance. Manan specializes in courses related to the trading and risk management of derivatives across asset classes, including equity, fixed income, foreign exchange and credit. His course offerings have also included stress testing, Asian capital markets, and structured products.
Manan has a B.S. Finance from the Wharton School at the University of
Pennsylvania, M.Sc. in Economics from the London School of Economics
and an executive MBA from the Trium program.

Jeff Samuel

Managing Director, Americas Head Group Regulatory and Governance


Jeff Samuel is a Managing Director at UBS and Americas head of Group Regulatory Relations and Strategic Initiatives. Prior to joining UBS in 2016, Jeff was a Managing Director at Barclays and has held several leadership positions within the organization. He currently serves as head of regulatory strategy, interim head of the US corporate secretariat for Barclays' US intermediate holding company, and is leading the development of Barclays' capital plan. Prior to joining Barclays, Jeff was at the Federal Reserve Bank of New York (FRBNY) from 2005 to 2010, where he led the FRBNY's Basel II implementation, served as Vice Chair for the internal capital adequacy policy group, and represented the FRBNY at the Basel Committee. Earlier in his career, Jeff also worked at the World Economic Forum and the Center for Strategic and International Studies. Jeff has an MBA from Columbia Business School in New York and a BA in Global Economics and Political Science from Duke University.

Sven Sandow

Managing Director, Head of Credit Capital and Ratings Analytics


Sven Sandow is the Global Head of Credit Risk Analytics at Morgan Stanley. During his 20-year career in the financial industry, Sven has worked in various quantitative modeling, risk management, and capital management capacities. Prior to Morgan Stanley, he worked at Merrill Lynch and Standard & Poor's. Before he joined the financial industry Sven worked as a physicist at the Virginia Polytechnic Institute and the Weizmann Institute of Science. He has been an active researcher in physics, finance, and machine learning. His research has been published in academic journals, and he coauthored a book on learning from data. Sven holds a Ph.D. in physics from the Martin-Luther-Universität Halle-Wittenberg in Germany.

Charles Schwartz

Head Of Derivatives


Charles Schwartz is Head of Derivatives at AXA US, a major financial protection company and issuer of variable annuities and other market-linked insurance products. In this role Charles oversees derivatives portfolio management across several asset classes and functions, as well as legal and back-office derivatives operations. Charles has over fifteen years capital markets experience, and a PhD from Northwestern University.

Dimi Stratakis

Head of Enterprise Technology Risk Management, Executive Vice President


Dimi Stratakis is the Head of Technology Risk Management for Enterprise Information Technology, one of the world's largest and most innovative information technology groups with more than 22,000 talented team members who help keep Wells Fargo at the forefront of America's diversified financial services companies.

As the Head of Technology Risk Management, Dimi leads a team responsible for first line of defense risk management - including identifying, assessing, measuring, mitigating, monitoring, controlling, and reporting current and emerging technology risk exposures inside EIT and across the company.

Dimi joined Wells Fargo in 2017 after spending 16 years at UBS, where he held a number of senior risk and audit leadership roles. His last role at UBS was Chief Risk Officer for the Group Chief Operating Officer and Global Head of Cyber Risk and Operational Resilience. Dimi was responsible for enterprise Technology Risk, Cyber and Information Security, business continuity management / crisis management, third-party vendor and outsourcing risk.

Prior to UBS, Dimi was an IT security auditor for Dresdner Kleinwort Benson, a British investment bank now operating as Commerzbank. He also has experience working as an Information Security Analyst for the Greek Ministry of Defense and Macedonia-Thrace Bank in Greece.

Dimi received a Bachelor of Engineering in Computing degree from the Imperial College, University of London. He also earned a Masters of Science in Information Security from the Royal Holloway, University of London.

cience degree in Banking from the University of Minnesota Carlson School of Management.


Roberto Virreira

Lead in Group IRRBB Policy


Roberto Virreira currently leads IRRBB policy at Standard Chartered Bank. Previously, he was in charge of Group HSBC IRRBB reporting and IRRBB stress test methodology. He was Head of ALM and BSM at Bank of America in Chile, and worked in consulting projects for several global and small banking organisations.
Roberto is an industrial engineer, holds a MSc. in Economics and an MBA from Warwick Business School.

Duncan Wood



Duncan Wood is the London-based editor-in-chief of Risk.net. He was promoted to the role at the start of 2015, to lead the editorial reorganisation of the website and its print titles. Duncan had been editor of Risk magazine since July 2011. He rejoined Risk as European editor in October 2009, having originally worked for Risk and Asia Risk in London and Hong Kong as a writer and researcher between 1998 and 2000.
In the intervening years, Duncan was news editor for the Oliver Wyman-founded online start-up ERisk.com. He also worked freelance for six years while living in Germany, with his work appearing in Euromoney, Financial News, IFR, and The Wall Street Journal, as well as Risk magazine and its sister titles.
Duncan has written about derivatives and risk throughout his 17-year career in journalism. He is a Neal Awards finalist, and has also won Incisive Media's journalist and editor of the year awards.