Featuring industry leading expert speakers, including:
MD, regulatory affairs
Gaurav Shukla is a Managing Director of Morgan Stanley and currently leads the Regulatory Affairs Strategy Implementation team which overseas capital, liquidity, and markets related industry reforms as well as regulations; the current list of key programs is as follows:
- IBOR Transition
- Uncleared Margin Rule
- SEC Securities-based Swap Dealer Rule
- Qualified Financial Contract Remediation
- Single Counterparty Credit Limit
Gaurav joined Morgan Stanley in June 2008 and has been in a number of different positions over the last 10 years:
- During 2014-16, Gaurav had relocated to Tokyo to join the Board and Management Committee of “Mitsubishi UFJ Morgan Stanley PB Securities”, a Wealth Management joint venture between Morgan Stanley and MUFG for high net worth clients.
- During 2010-14, Gaurav ran strategy for International Wealth Management (“IWM”) and his key contributions were negotiating and executing four different sale processes for sub-scale IWM businesses across the UK, UAE, Italy, Switzerland, and India.
- During 2008-10, Gaurav ran global Private Wealth Management (“PWM”) strategy and led creation of banking capabilities for PWM Asia (PWM Asia business has been retained under Institutional Equities as of Jan 2013).
Prior to joining Morgan Stanley, Gaurav has worked in corporate strategy and execution roles across McKinsey, Merrill Lynch, and Citi Private Bank. Gaurav earned a Master’s degree in Mechanical Engineering, graduating in 2001 from MIT.
head of group treasury
Senior Executive practiced in leveraging internal Assets & Liabilities structure/management and product skills to drive productivity and revenue across diverse platforms. Optimize internal assets and liabilities to deliver maximum client return/value.
principal, fixed income structured product team
Gary Horbacz, CFA,is a Principal on PGIM Fixed Income’s Structured Product Team. His area of credit research specialization is Commercial Mortgage Backed Securities (CMBS). Mr. Horbacz joined the team in 2000 following five years in the Firm’s Portfolio Management Group. Mr. Horbacz currently serves as a member of the Alternative Reference Rates Committee and is also a member of the Structured Finance Association’s Board of Directors. Mr. Horbacz earned a BS in Management Information Systems and an MBA in Finance from Seton Hall University. He holds the Chartered Financial Analyst (CFA) designation.
associate general counsel & senior vice president, public policy
LSTA (Loan Syndications & Trading Association)
managing director corporate and investment bank strategy
J.P. Morgan Chase
Alice has been with the Firm for 34 years, working across trading and sales businesses within the CIB, focusing on risk, operations, technology, business development, business strategy, sales, and structuring.
She is currently in the CIB Strategy Group, working on crypto and blockchain initiatives, digital initiatives, and benchmark reform. Alice is a member of the Alternative Reference Rate Committee and sits on the Firm’s internal steering committee overseeing Libor transition. Until recently, she was also the Chair of the North American Reputation Risk Committee in the CIB, a role she held for over a decade.
Prior to her strategy role, Alice originated and ran the Operational Risk Management function for the global CIB for 4 years. Before that she was a senior sales manager in Global Fixed Income, where she specialized in strategic and special situations across sales, trading, and coverage banking. Alice also globally managed structural risks associated with many of the Firm’s flow derivatives clients and activities.
She is on the executive committee of the CIB women’s diversity network, and is the senior sponsor for several junior women initiatives. She was the head of Diversity and Inclusion for CIB Risk, and was the Culture and Conduct Head for Firm Wide Risk. She is also part of the Asian Executive Forum.
Alice has won numerous awards, and has been profiled in publications ranging from Top Women in Retail and Finance to The New York Times to Elle Magazine. She has also been active in the industry, having served on a number private and public sector working committees and task forces, focused on structural changes to capital markets. She has also spoken on numerous industry panels.
assistant general counsel
managing director, global head of derivatives trading
Chris is Managing Director, Global Head of Derivatives Trading for Prudential Financial. His responsibilities include global fixed income and equity derivatives as well as foreign exchange. Chris began his career with Prudential in 1989, and has worked within Prudential’s derivatives subsidiary since 1993. He has been in his current role since 2002.
Chris holds a BA in Economics from Macalester College and an MBA with Distinction in Finance with an International Concentration from NYU. Chris has earned both the CFA and CLU designations.
senior vice president of financial engineering
managing director, securitization and credit markets
Chris manages for SIFMA's securitization and corporate credit advocacy and other activities.
SIFMA has a special focus on agency MBS markets and maintains a collection of market standards and trading practices governing the TBA market. For the last few years, primary mandates in this area have been regulatory reform, the implementation of a single security for TBA trading, FINRA 4210 margin requirements, securitization capital requirements, and the world of GSE/housing finance reform.
In the fall of 2018 Chris took over SIFMA’s corporate credit activities in addition to the securitization responsibilities. This includes issues such as fixed income market structure, TRACE, and execution of SIFMA’s Insurance and Risk-Linked Securities Conference.
He is also the primary staffer for SIFMA's activities related to LIBOR and the transition to alternative reference rates in the US and participates on the Federal Reserve’s Alternative Reference Rates Committee along with a number of subcommittees.
He also helps to coordinate SIFMA's activities related to fintech.
Chris joined the Bond Market Association (predecessor to SIFMA) in 2005 as the analyst for the MBS and Securitized Products Division. He became head of the securitization group in 2013. Prior to joining SIFMA, he was an accountant in the Retail Securitization Accounting and Investor Reporting group at JPMorgan Chase & Co., and was responsible for investor reporting and other administration of auto, student loan, and mortgage securitization transactions.
Chris holds Bachelor’s Degrees in Economics and Government from Franklin and Marshall College.
senior company counsel
managing director and head of LIBOR transition office
US rates strategist
managing director, head of policy
Structured Finance Association
Sairah Burki is a Managing Director and Head of Policy at the Structured Finance Association (SFA). Sairah develops and leads the strategic response to new policy initiatives on behalf of the structured finance market, including regulatory requirements related to capital and liquidity, the LIBOR transition, risk retention, the Volcker Rule, marketplace lending, blockchain technology, and disclosure requirements. Sairah also speaks frequently on panels covering a wide range of financial regulations and policy initiatives.
Prior to joining SFA, Sairah was the Director of Treasury Policy Affairs at Capital One, leading the company's response to policy initiatives with significant capital markets and corporate finance implications. She also was a Director in the Capital Markets team at Capital One, where she managed a team responsible for raising financing via key securitization markets, including auto and credit card asset-backed securities. Sairah previously held positions with Xerox where she ran its derivatives portfolio and share buyback program, UBS Investment Bank, and the Federal Reserve Bank of New York.
Ms. Burki holds a Bachelor of Arts from Princeton University and a Masters in Business Administration from the University of Pennsylvania's Wharton School.
Chris is a Partner in KPMG in the US’ Capital Markets group serving financial services companies both as a risk practitioner and strategic advisor. Chris is an accomplished professional with 25 years of international experience in financial markets. Chris has extensive hands-on trading and risk management experience in foreign exchange and fixed income products. He also has cross-functional experience dealing with capital, liquidity and regulatory issues. Chris has been able to help banks and other financial services firms prepare and adapt to changing regulation and market challenges. Chris has focused his most recent efforts helping financial institutions think through the strategic implications on their business and operating models as they relate to regulatory change from a governance, efficiency and optimization perspective.
head of Libor transition
Rachel Bryant leads the enterprise-wide LIBOR Transition at Regions Bank, directing all work streams, communications, and activities related to the transition. Prior to this role, she was Head of Market, Liquidity, Capital, and Strategic Risk Management managing several risk teams. During her four years with Regions, she has led capital planning (CCAR), Resolution Planning, and Regions’ Volcker Program. Before joining Regions, Rachel held several roles with the Federal Reserve Bank, including leadership and examiner roles at the Richmond Fed and Atlanta Fed. She began her career in trading and corporate finance.
Rachel is active in the industry and was recently honored as one of the fifteen Most Powerful Women in Banking under 40 by the American Bankers Association. She serves as a board member with the Professional Risk Managers’ International Association (PRMIA) and volunteers with the Financial Services Roundtable where she lives in Charlotte, North Carolina. Last year, she founded the Quantitative Women’s Networking Group at Regions Bank to mentor women in quantitative roles.
Rachel holds a Bachelor’s in Business Management from Georgia Tech, and is currently pursuing an Executive MBA with Kenan-Flagler Business School at UNC Chapel Hill. She also holds the Chartered Financial Analyst (CFA) and Professional Risk Manager (PRM) designations. Rachel has been published on several financial topics, including authoring a book on how to pass the CFA Program titled Direct Path to the CFA Charter.
director in US rates research
Bank of America Merrill Lynch
Ralph Axel is a Director in US Rates Research. Regular Research publications include the Global Rates Weekly, Liquid Insight, and World at a Glance. Previously, he worked as a Rates Strategist at Lehman Brothers, HSBC and Deutsche Bank. He has a BS in mathematics from University of Massachusetts Amherst and an M.S and PhD in mathematics from University of Illinois at Urbana-Champaign.
Robert Mackenzie Smith
editor, US asset management
executive in residence and adjunct professor
NYU Stern School of Business
non-resident, senior fellow
Peterson Institute for International Economics