Below are just a few of the speakers who presented at RiskMinds Americas 2015
Philip J. Lofts became a GEB member in 2008, and was re-appointed as Group Chief Risk Officer in December 2011 after serving in the same role from 2008 to 2010. He was CEO of UBS Group Americas from January to November 2011. Mr. Lofts, who began his career with UBS over 25 years ago, became Group Risk Chief Operating Officer in 2008 after three years serving as Group Chief Credit Officer. Prior to this, Mr. Lofts worked for the Investment Bank in a number of business and risk control positions in Europe, Asia Pacific and the US. Mr. Lofts joined Union Bank of Switzerland in 1984 as a credit analyst and was appointed Head of Structured Finance in Japan in 1996.
Charles Taylor represents the Office of the Comptroller of the Currency on the Basel Committee where he chairs the Supervision and Implementation Group; he also oversees formulation of OCC policy on bank capital issues. Prior to joining the OCC in 2011, he served as Director of the Financial Reform Project at the Pew Charitable Trusts. Previously, Mr. Taylor was Director, Operational Risk at the Risk Management Association, Managing Director Strategy Development at the Depository Trust & Clearing Corporation, and head of the global risk management practice at Andersen Consulting. As Executive Director of the Group of Thirty in the first half of the 1990s, he authored several studies and advised government and industry on issues of public policy and private practice in financial services. Mr. Taylor started his career at the World Bank in 1973. He has degrees from Oxford and Cambridge in economics and mathematics and from the University of Pennsylvania in business. He is a Fellow at the Financial Institutions Center at the Wharton School of the University of Pennsylvania.
Tim P. Clark is a Senior Associate Director in the Division of Banking Supervision and Regulation at the Board of Governors. His responsibilities include the supervision of the largest domestic and foreign banking organizations operating in the US, the Federal Reserve's annual Comprehensive Capital Analysis and Review, and the Federal Reserve's supervisory stress testing program.
Brian Gunn was named chief risk officer for Ally Financial in November 2011. In this role, Gunn has overall responsibility for achieving an appropriate balance between risk and return, mitigating unnecessary risk and protecting the company’s financial returns. Gunn joined Ally Financial in 2008 as chief risk officer for the Global Automotive Services business where he was responsible for overseeing disciplined risk processes, governance and analytics in support of Ally’s efforts to diversify and grow its automotive product lines. In this role, Gunn established a global auto risk management framework for all product lines across North America, Latin America, Europe and China. Prior to joining Ally, Gunn served in a number of senior leadership positions with GE Money, most recently as chief risk officer for GE Money Canada.
Surjit Rajpal joined BMO Financial Group in 1982 and has since held a number of positions in various parts of the organisation. In 1995, as Senior Vice President of Global Distribution, he set up an integrated platform for BMO and Harris for Loan Syndication, Sales and Trading. Mr. Rajpal was also responsible for establishing the distressed trading and emerging market trading desks. In 2006, he was appointed Executive Managing Director and Global Head of Loan Products and Merchant Banking and was responsible for all aspects of the loan product business including origination, structuring, syndications, sales, trading and portfolio management. He was also responsible for all merchant banking activities including third-party investments and a mezzanine/ equity fund. He was appointed to his current position in March 2011. The early part of Mr. Rajpal’s career was spent in India and Hong Kong at Bank of America. In 2012, Mr. Rajpal was appointed Chair of the Risk Committee of the Canadian Bankers Association.
Gary Mandelblatt is a Managing Director and Chief Risk Officer for the Americas, Nomura Holding America Inc., and is a member of the firm’s Executive Management Committee in the Americas. He is responsible for managing all credit, market and operational risk, and new product approvals, for the Americas businesses. Previously, Gary was a senior manager at the Lehman Brothers Estate where he was responsible for building the transaction valuation capabilities, hedging the open transactions and designing the processes for unwinding OTC derivatives contracts. Prior to that, Gary was the Head of Global Fixed Income Strategy at Lehman where he helped build the Commodities and Emerging Markets businesses. Prior to joining Lehman, Gary was a Managing Director in Fixed Income Risk Management at Smith Barney, Salomon Smith Barney and Citigroup. Before joining Smith Barney, Gary was a management consultant with Coopers & Lybrand and First Manhattan Consulting Group.
Debra Stabile is a Managing Director and Chief Risk Officer for Citi Retail Services, a leading provider of private label and co-branded consumer and commercial credit card products across the U.S. Ms. Stabile is responsible for all credit and fraud management activities across the customer lifecycle, including risk policy management and capability development, loss forecasting, and regulatory control and compliance. Prior to Citi, Ms. Stabile held various positions at D&B, the commercial information services company, as well as American Express. Ms. Stabile earned a graduate degree from the Massachusetts Institute of Technology, and an undergraduate degree from SUNY Stony Brook.
As PayPal’s Chief Risk Officer, Tomer Barel is responsible for every aspect of risk management, including regulatory, credit and financial risk. He leads teams dedicated to continually refining and improving PayPal’s industry-leading risk management systems. Tomer joined PayPal in 2009 to manage the integration of Fraud Sciences, an Israeli start-up acquired by eBay Inc. that developed innovations in online fraud detection. Prior to PayPal, he held roles at McKinsey & Company and 3DV Systems. Tomer has also served in the Israeli military intelligence in various technology, product management and data collection roles.
Steve Cunningham is a member of Discover’s Executive Committee. In addition to overseeing enterprise-wide risk management programs, including compliance, he is also responsible for Discover's Comprehensive Capital Analysis and Review and Resolution Planning program offices and is chair of the company’s Risk Committee. Previously, he served as Senior Vice President and Corporate Treasurer. Prior to joining Discover, Steve was the Chief Financial Officer for Harley-Davidson Financial Services. He spent eight years with Capital One Financial Corporation where he held several finance and treasury roles, including Chief Financial Officer of the company’s payments business, banking segment, and auto finance segment. Steve also spent nine years with the FDIC. He holds a MBA from The George Washington University, and is a Chartered Financial Analyst.
Marvin Zonis is now an Emeritus Professor at Booth where he has taught courses on the International Political Economy, Political Risk, and Business Leadership. He was given the Norman Maclean Award in 2013 for outstanding contributions to teaching. He also consults to corporations and professional asset management firms throughout the world, helping them to identify, assess, and manage their political risks in the changing global environment. He is a member of the Board of Advisers for the Comptroller General of the United States at the GAO, the Board of Directors of CNA Financial, a Fellow of PWC Advisory Services. Zonis has written extensively on globalization, digital technologies, emerging markets, Middle Eastern politics, the oil industry, Russia, and U.S. foreign policy. He is a leading authority on the Middle East and is the former director of the Center for Middle Eastern Studies at the University of Chicago and former president of the American Institute of Iranian Studies. He has published numerous articles and books. His most recent book is Risk Rules: How Local Politics Threaten the Global Economy (May 2011). He holds a Ph.D. in Political Science from the Massachusetts Institute of Technology.
Edward I. Altman is the Director of Research in Credit and Debt Markets at the NYU Salomon Center for the Study of Financial Institutions. Prior to serving in his present position, Prof. Altman chaired the Stern School's MBA Program for 12 years. He has an international reputation as an expert on corporate bankruptcy, high yield bonds, distressed debt and credit risk analysis and acts as an advisor to several central banks. Prof. Altman was inducted into the Fixed Income Analysts Society Hall of Fame in 2001, acted as President of the Financial Management Association in 2003 and was named one of the “100 Most Influential People in Finance” by the Treasury & Risk Management magazine in 2005. He was one of the founders and an Executive Editor of the Journal of Banking and Finance. He has published or edited over 150 articles and two-dozen books including his most recent works on Bankruptcy, Credit Risk and High Yield Junk Bonds (2002), Recovery Risk (2005), Corporate Financial Distress & Bankruptcy (3rd ed., 2006) and Managing Credit Risk (2nd ed. 2008).
Jamie taught himself to hack aged 9 and now at the age of 21 works with large corporations, testing their security systems and highlighting any vulnerabilities. He was recognized as a penetration testing engineer by IT Security Experts (ITSE) and travels the world teaching people the importance of system and network security. He is well known for identifying exploits/ vulnerabilities within the security applications of leading companies such as, Facebook, YouTube, Twitter, Apple, Google and Microsoft.
Attilio Meucci is the founder of SYMMYS, under whose umbrella he designed and teaches the six-day “Advanced Risk and Portfolio Management (ARPM) Bootcamp”. Prior to joining KKR, Mr. Meucci was the chief risk officer and director of portfolio construction at Kepos Capital. He was also the global head of research for Bloomberg’s risk and portfolio analytics platform; a researcher at Lehman POINT; a trader at the hedge fund Relative Value International; and a consultant at Bain & Co. Concurrently, he taught at Columbia-IEOR, NYU-Courant, Baruch College-CUNY, and Bocconi University. Mr Meucci is the author of “Risk and Asset Allocation” - Springer and numerous publications in practitioners and academic journals. Mr. Meucci earned a PhD in Mathematics from the University of Milan and is a CFA charterholder.
James M. Costa oversees TCF’s enterprise risk management function. He joined TCF in 2013, bringing with him 25 years of financial services experience, with 15 years in risk management. He most recently served as Executive Vice President of Risk and Head of Enterprise Portfolio Management at PNC Financial Services Group, Inc. Prior to PNC, Mr. Costa led enterprise credit strategy for Wachovia Corporation. A graduate of Ohio State University, Mr. Costa holds a BSBA degree in Economics. He further conducted his doctoral studies at the University of Minnesota where he was an adjunct professor of finance and economics.