Expert Details

Expert in Treasury Management, Asset Management, Risk Management, Financial Markets, Derivatives, and Fiduciary Topics

Expert ID: 732115 Connecticut, USA

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Expert has held senior positions managing risk in line positions and in oversight positions. Particular areas of risk management have included risk management in the areas of market risk, credit risk, operational risk and fiduciary risk involving treasury, asset management, derivative usage and financial markets in general.

Treasury Management:
Expert has managed Treasury organizations in the U.S. and two other countries and has undertaken management oversight responsibility for Treasury organizations in 13 countries.

Asset Management:
A registered investment advisor, Expert has headed a division within a large Asset Management organization responsible for development of derivative-based risk/return management strategies.

Risk Management:
Expert currently runs a Risk Management consultancy firm. He was also Market, Credit and Operational Risk Management Executive for a large Asset Management organization.

Financial Markets:
He has managed financial market trading and sale organizations in the U.S. and overseas and has had management oversight responsibility for financial market investment activities in 7 countries.

Derivatives:
Expert has advised on the use of derivatives in a large asset management organization and currently advises on derivatives usage and derivative- based investments.

Fiduciary:
He was head of Fiduciary Risk Management at the corporate level for JP Morgan Chase Bank.

Expert is the founder of an Advisory Services and serves as the principal consultant on many of the firm’s consultancy mandates.

Expert has been a banking and finance industry professional for 43 years with 34 years serving in a variety of senior Treasury, financial market and risk management roles at JP Morgan Chase & Co. In his early career, he managed Chase Manhattan Bank’s euro and other offshore funding activities and was the bank’s first Asia/Pacific Area Treasury and Financial Markets Executive located in Hong Kong. There for five years, he had overall functional management responsibility for the treasury, currency trading/sales activities and securities portfolios of Chase’s branches in nine countries in the region that included the major centers of Japan, Hong Kong and Singapore. He later in his career served for three years as Western Hemisphere Area Treasury and Financial Markets Executive with similar responsibilities for Chase’s branches in South America, Canada, Panama and Puerto Rico. Other financial market line positions held were that of National Sales Manager for Chase Securities, Treasury and Financial Markets General Manager for Chase AMP Bank in Australia and Risk Management and Treasury Executive for Chase’s Asset Management and Private Bank organizations. This latter was a position to head a new organization with responsibility for educating portfolio managers and private bankers in the use of derivatives as well as to design derivative-based strategies and structured products for major private banking clients and for portfolios under discretionary management.
For the last 6 years of his career with JP Morgan Chase, he had undertaken risk management oversight roles that have included Head of Market, Credit and Operational Risk Management for Chase Asset Management and being Managing Director of Fiduciary Risk Management across the firm.
During his career he has served on the Board of Directors of Chase Manhattan Overseas Banking Corporation as well as serving on numerous senior committees that included Chase’s Portfolio and Investment Strategy Committee, Tax Committee, International Asset/Liability Management Committee, Chase Investment Policy Committee, and Capital Markets & FX Risk Management Committee.
Prior to joining Chase, he held positions at Chemical Bank, Chrysler Financial Corporation and National Bank of North America.
Expert holds a BA degree in Economics from Pace University and did graduate studies in finance at New York University Graduate School of Business. He is also currently a member of the Executive Advisory Board of St. John’s University Department of Accounting and Taxation.


He produced and presented a two-day Risk Management Symposium in Thailand sponsored by the Central Bank of Thailand.He gave two presentations on foreign exchange in Seoul, Korea to the Korean banking community sponsored by the Foreign Bankers Association of Korea. He gave a presentation on foreign exchange in Mumbai, India to the Indian banking community sponsored by the Foreign Exchange Association of India. He provided a governance framework for a new bank starting up in New York City.He generated a large white paper addressing the development of investment advisory services for a Massachusetts-based bank.He is currently commissioned to produce 10 to 15 webinars on various risk management related subjects. He has already conducted two webinars.

Expert may consult nationally and internationally, and is also local to the following cities: New York, New York - Yonkers, New York - Newark, New Jersey - Jersey City, New Jersey - Paterson, New Jersey - Elizabeth, New Jersey - Bridgeport, Connecticut - New Haven, Connecticut - Hartford, Connecticut - Springfield, Massachusetts

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Education

Year Degree Subject Institution
Year: 1965 Degree: BA Subject: Economics Institution: Pace University
Year: 1972 Degree: Subject: Graduate Business Studies Institution: NYU Graduate School of Buisness

Work History

Years Employer Title Department Responsibilities
Years: 2006 to Present Employer: Undisclosed Title: Managing Director Department: Risk Management Consultancy Responsibilities: Provides risk management consultancy and educational services in the areas of Treasury Management, Investments and Asset Management, Interest Rates, Equity and Currency Markets, Risk Management in general, Corporate Governance and Fiduciary Roles and Responsibilities.
Years: 2007 to 2017 Employer: TARP Asset Management LLC Title: Managing Director Department: Investment Advisory Responsibilities: Overall investment responsibility for highly customized portfolios under management.
Years: 1972 to 2006 Employer: JP Morgan Chase Title: Managing Director Department: Treasury, Global Markets, Asset Management, Risk Management Services, Market/Credit/Operating Risk Management Oversight, Fiduciary Risk Management Responsibilities: Held various senior management roles in Treasury Management, Financial Markets, Asset Management and Risk Management organizations in the bank both in the U.S. and overseas. Was Head of Fiduciary Risk Management for the Corporation.

International Experience

Years Country / Region Summary
Years: 1978 to 1983 Country / Region: Asia/Pacific Summary: He was Treasury and Financial Markets Asia/Pacific Area Executive for Chase Manhattan Bank residing in Hong Kong. Under his management were Chase's Treasury and Financial Markets organizations in: Japan, Singapore, Hong Kong, Thailand, Indonesia, Korea, Taiwan, Phillipines and Pakistan.
Years: 1984 to 1987 Country / Region: Western Hemispere Summary: He was Treasury and Financial Markets Western Hemisphere Area Executive for Chase Manhattan Bank residing in New York Under his management were Chase's Treasury and Financial Markets organizations in: Brazil, Argentina, Chile, Peru, Panama and Canada.
Years: 1989 to 1993 Country / Region: Australia Summary: He was General Manager of Treasury and Financial Markets in Chase Manhattan's affiliate bank in Sydney Australia. Organization involved in Treasury Management, foreign exchange trading and sales, securities trading and sales and creation and distribution of derivative based products and strategies

Career Accomplishments

Licenses / Certifications
Series 65
Certified FINRA Arbitrator

Retired registrations:
Series 7
Series 24
Series 63
Professional Appointments
Member of Executive Advisory Board of a respected American University's Graduate School of Accounting and Taxation

Additional Experience

Expert Witness Experience
He is a FINRA Arbitrator

He was deposed in State of West Virginia's suit against Chase Securities and effectively addressed Chase's position in a transaction involving an option
Training / Seminars
Have developed and delivered presentations on:
- Market Risk and Market Risk Management; - Treasury Management, - Fiduciary Risk; -
- Investment Performance Risk; - Risk Metrics; Corporate Governance, - Client/Product Suitability Evaluation, - Disclosure Responsibilities, - Option Strategies,- Identity and Use of Leverage, - Project Financing Risks; - Real Estate lending Risks

Fields of Expertise

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