New York, New York, United States
Risk Management Executive with over 20 years in the financial services industry with experience in product, credit and operational risk. Skilled in Treasury Services, Risk Management, Payments and Structured Finance. Graduated from Columbia Business School in 2013.
• Regional Head of LATAM and Canada Operational Risk across lines of business • Global ORM Head of CIB Risk and Wholesale Credit • Assist in the development of the Firmwide Operational Risk Framework, and other policies documents used to identify, measure, monitor, report, and govern Operational Risk as the Second Line of Defense
• Directly covered the U.S. and Canada and performed the due diligence for acquisitions and new businesses, including Real Time Payments (The Clearing House’s first new core payments infrastructure in the U.S. in more that 40 years), and the introduction to Liink, JPMorgan’s first blockchain based solution, which enabled institutions to exchange payment-related information quickly and securely • Challenge the First Line’s adherence and execution of the risk management framework by leveraging quantitative and qualitative factors (losses, rapid recoveries, payment errors, external media, risk events, KPIs/KRIs) based on the Firm’s operational risk type taxonomy, impact, likelihood, residual risk, and organizational risk assessment structure (RAS) • Promoted to Executive Director in 2018
• Manage the counterparty credit risk of a portfolio of 330 MasterCard licensed financial institutions in the United States and Canada that pose aggregate risk exposure to MasterCard of more than $20 billion, including the top five customers by net exposure • Identify the risks that customers pose to MasterCard by underwriting the financial health of the institutions, quantifying the exposure and implementing credit limits • Present extensive written recommendations on policy changes, customer/country risk events directly to senior management and/or chief financial officer • Responsible for the training and strategic implementation of new underwriting tools, developing the framework and collaborating with regional risk management teams to create efficiencies and adoption of new procedures • Identify potential customer insolvency and take appropriate action, resulting in no losses in the US and Canada region
• Performed credit rating analysis for consumer ABS transactions, including student loan, auto loan, and credit card securities, and evaluated essential quantitative aspects such as loss coverage multiples, parity ratio comparisons, and swap counterparty exposure • Published presale reports highlighting important factors of transactions in the rating process that provided valuable information for potential investors as well as contributed to criteria and quarterly research reports • Presented recommendations on a variety of consumer ABS transactions to the internal credit rating committees and senior management to assign credit ratings on a daily basis
• Monitored and actively processed the monthly bond payments of 38 deals, including sub-prime commercial and residential mortgage backed securities • Evaluated residential mortgage backed securities in Asset Securitization Analysis Pro (ASAP), a reverse engineering tool that facilitated the modeling of detailed aspects of a transaction’s unique payment structure by utilizing code designed for the program • Modeled the payments of each transaction to verify the bond payments prior to approval of payment to the bondholders