Are you looking for a seasoned decision-maker who has led a global organization, held positions of high-level technical and managerial influence in large, complex financial and non-financial corporations, managed teams of technical experts and built a long track record of informing and influencing executive level decisions? During the past 30+ years I've been CEO of a worldwide non-profit organization, developed productive working relationships with risk management professionals, business leaders, government officials and academic experts around the world, as well as designed, developed and implemented risk management systems, models and governance across multiple industry sectors. My experience includes approval authority for large and complex risk exposures and responsibility for design, approval and documentation of complex financial structures in highly regulated environments.
My compensation in recent years has ranged from $160,000 to $295,000.
See resume below for career details.
EDUCATION MA, Oxford University, England, 1984 BA, Oxford University, England, 1974
AREAS OF EXPERTISE
ORGANIZATIONAL LEADERSHIP - Design, budget and implement strategic initiatives, mobilize volunteer leaders, develop collaboration with and funding from partners in private, public, academic and non-profit sectors - Define Board and executive management objectives, roles and responsibilities, engage Board members in strategic planning, set Board meeting agendas - Define, develop and communicate professional standards, concepts and culture across multiple industry sectors - Design, develop and manage global education, research and knowledge-sharing programs
RISK MANAGEMENT PRACTICE - Define organizational risk appetite, design and implement risk policies and governance - Design, implement and manage risk systems, statistical models and expert risk teams - Analyze, measure, approve and communicate complex risks to multiple stakeholders
SELECTED ACCOMPLISHMENTS
RISK MANAGEMENT PRACTICE - Independent oversight of risk appetite, measurement and monitoring of liquidity and interest rate risk sensitivity of $115 billion Bancorp balance sheet, including derivatives, investment portfolio, mortgage pipeline, mortgage servicing rights and trading counterparty exposure - Developed economic capital framework, methodology and measurement for $300 billion US and international auto, mortgage and asset-based consumer and commercial loan portfolios, as well as property and casualty insurance lines of business - Designed US fixed-income, equities and derivatives risk measurement system which withstood extreme market stress of 1998 - Evaluated risks and recommended limits for Latin American money market portfolio and structured notes based on emerging market T-bills which earned $200 million profit - Evaluated Mexican banking system risk, recommended limits which earned $12 million profit after devaluation - Evaluated and approved $2 billion international trade finance structures which earned $100 million annual profit, led teams negotiating workouts of $20 million defaulted trade credits in Asia and Eastern Europe
ORGANIZATIONAL LEADERSHIP Community leadership - Worldwide membership growth from 50,000 in 2008 to 70,000 in 2010 - Board of Directors election candidates increased from 5 in 2008 to 9 in 2009 and 11 in 2010 Thought leadership - Presenter and program committee leader for risk management conferences in North America, Europe and Asia - Developed series of summits for private and public-sector risk leaders in New York, London and Amsterdam and global series of expert-led webinars on topical risk management subjects, eg. ERM, systemic risk, economic capital, stress-testing Education - Launch of Associate Risk Manager certification and webinar series and Chinese-language risk management exams, launch of executive risk management education courses at Kellogg School of Management and University College, London
EMPLOYMENT HISTORY
2011-2012 TOP 20 US COMMERCIAL BANK Defined risk appetite, measured and monitored liquidity and interest rate risk sensitivity of Bancorps balance sheet, derivatives, investment portfolio, mortgage pipeline and servicing rights. Provided independent risk assessment to executive management and business leaders. Defined and oversaw trading counterparty credit risk management. Developed regulatory compliance programs, interacted with examiners. Developed risk frameworks, systems and quantitative talent resources. Standing member of Market Risk, Treasury Investments, Liquidity Management, Mortgage Pipeline and MSR Committees. Managed team of 3 risk professionals.
2008-2010 GLOBAL RISK MANAGEMENT ASSOCIATION CEO of non-profit, member-led association dedicated to defining and implementing the best practices of risk management through education, certification, events, networking and online resources, with more than 60 chapters around the world and over 80,000 members from 190 countries
Principal responsibilities: Organizational leadership - Board relations and governance, volunteer engagement, strategic planning, financial oversight - Manage staff of 16 in US, London and China Community development - Continuous contact and relationship development with worldwide network of PRMIA partners and sponsors in financial and non-financial sectors, government, universities and peer associations Program supervision - Educational standards, member services, online communications, marketing, publicity, event management
2006-2008 $300 BILLION GLOBAL FINANCIAL SERVICES COMPANY SPECIALIZING IN CONSUMER AND COMMERCIAL AUTOMOTIVE AND RESIDENTIAL MORTGAGE FINANCING AND PROPERTY-CASUALTY INSURANCE Development of global Economic Capital policy, methodology and measurement systems benchmarked to industry best practices, supporting risk-based performance metrics, product pricing, capital planning, mergers and acquisitions. Managed team of four risk professionals.
19942006 FINANCIAL DIVISION OF $70 BILLION INTERNATIONAL COMMODITY TRADING AND PROCESSING CORPORATION
2005-2006 Loan portfolio business development - Structuring and negotiation of joint venture to purchase and service US government loans and receivables - New markets development and hedge fund vehicle structuring
2005 Member of multi-disciplinary task force responsible for 5-year global technology strategy for financial, energy and commodity trading businesses with combined assets of $6 billion and annual profits of $600 million - Defined standards for information management, IT systems, governance, infrastructure and risk measurement - Strategy approved by Directors in December 2005, rated outstanding
1999-2005 Risk management of $2 billion international structured trade finance portfolio - Approval authority for market, credit, country, industry, systemic, regulatory, operational, tax, legal and reputational risks in over 100 trade finance structures - Designed proprietary risk measurement model which won approval for 50% increase in portfolio limit - Developed and implemented worldwide risk and credit management policies
1997-1999 Risk management of $3 billion US and Latin America fixed income, FX, money market, equities and derivatives hedge fund portfolio - Designed and implemented multi-market correlated stress tests - Implemented option risk metrics for daily VaR measurement - Risk measurement system used by board as benchmark for scaling back positions following 1998 liquidity crisis - Managed team of seven risk and credit professionals
1994-1997 Risk management of $2 billion worldwide emerging market fixed income, FX, money market, equities and derivatives and hedge fund portfolio - Designed and implemented proprietary risk metrics and limit framework - Traveled worldwide, promoting risk/return culture within organization - Gained first-hand experience of market and systemic risks - Managed team of three risk professionals
1985-1994 FIRST NATIONAL BANK OF CHICAGO (now part of JPMorganChase) - Chicago, Madrid, London
1990-1994: Chicago Set up credit and country risk department for emerging market bond trading and trade finance - Developed and implemented market-specific credit policies and procedures - Approved credit limits for 100+ emerging market banks, brokers and fund managers - $10 million credit approval authority - Managed team of two credit professionals
1987-1990: Madrid Established Spain and Portugal corporate finance credit department - Approved credit limits for 50+ Spanish and Portuguese corporations and banks - $10 million credit approval authority - Managed team of four credit professionals
1985-1987: London Analyzed creditworthiness and banking needs, marketed banking services to UK-based multinational corporations - Developed $20 million portfolio of interest rate swap, cash management and FX trading customers
1974-1985 LLOYDS BANK PLC - London, Brazil Analyzed creditworthiness and banking needs, marketed banking services to domestic and multinational corporations - Deputy manager of branch with 50 employees - Negotiated $12 million equipment import financing for Brazilian gold mine - Lived in six Brazilian cities - Made and presented study on banking needs of UK insurance industry to board
LANGUAGES: Fluent Spanish, Portuguese, French and German Basic Russian
NATIONALITY Dual - US and UK
VOLUNTEER ACTIVITIES 2012 Journal of Risk Management in Financial Institutions - Editorial Board member and contributing author 2007-2010 Foundation Board President, 75-year Lutheran Church |