Treasury & ALM USA

Ralph Axel is a Director and U.S. Rates Strategist at BofA Global Research.
Axel, who joined the firm in June 2010, focuses on the analysis of U.S. rates markets, including treasuries, futures, swaps and agency markets. Regular Research publications include the Global Rates Weekly, Liquid Insight and World at a Glance. He was a #1 ranked analyst in the 2020 Institutional Investor Survey.
Previously, Axel was an interest rate strategist at Deutsche Bank Securities, where he specialized in dollar-denominated U.S. and European Agency bonds. Before that, Axel served as proprietary bond trader at Lehman Brothers and previously was the lead domestic U.S. rates strategist at HSBC Securities.
Axel received a bachelor’s degree in mathematics from the University of Massachusetts Amherst and an M.S. and Ph.D. in mathematics from the University of Illinois at Urbana-Champaign.

Thomas Braun is the Head of Market and Treasury Risk for UBS Bank USA where he oversees the risk management infrastructure and risk profile across the bank’s businesses. Previously at UBS, he was head of the CUSO Liquidity and Funding Risk team, overseeing a team monitoring the complex risk profile of the UBS entities in the CUSO.

Prior to joining UBS in 2019, Thomas was Head of Liquidity Analysis at Societe Generale, where he developed the company’s liquidity and interest risk infrastructure, leading the implementation of the company’s liquidity risk framework including the firm’s liquidity stress testing covering a $200 billion sheet.

Previously, Thomas worked at Lehman Brothers within their ALM team and within AT&T Corp. Treasury, where he worked across Capital Market functions. He holds a BS in Finance and Accounting from New York University.

Bill has travelled extensively, working with banks in more than 20 countries globally. In his product management capacity, he managed several product suites and teams, across product lifecycles, including the launch of products focused on Balance Sheet management, Risk (Interest Rate, Liquidity, and Credit) and Financial performance.

Bill has worked in the financial services space for over 20 years in several senior roles, specifically within Product Management for more than 10 years. Bill is focused on delivering integrated finance, risk and regulatory compliance and reporting solutions to support regulated financial institutions in meeting their obligations to external regulators and their own board of directors.

Peter Dehaan has many years of experience within the banking sector. Prior to joining SmartStream he was at Lloyds Bank for over 8 years managing treasury and liquidity services for various sectors in the Commercial Bank, under the Global Transaction Banking umbrella. Previous to this, he was at Citibank for almost 16 years in a number of roles as a correspondent banker responsible for Financial Institutions, along with product management within Global Transaction Services.

Peter is the Global Head of Business Development for TLM Cash & Liquidity Management. Focussed on engaging with Banks to explore how SmartStream’s TLM Cash & Liquidity proposition can complement both new and existing clients. Partnership with Treasuries and Operations along with other significant stakeholders is key; and working with new technology innovations enables us help financial institutions to achieve improved operational efficiencies along with meeting regulatory requirements and stress testing obligations.

Maria currently works as a Product Manager for Liquidity Risk Solutions at Wolters Kluwer Financial Services. She started her career 9 years ago as a functional consultant working primarily on various liquidity implementation projects for Liquidity Coverage Ratio, Net Stable Funding Ratio and FR2052a for Category III & IV Banks and Foreign Bank Organizations.

Her early work also included the initial regulatory analysis and assistance in the development process for an automated liquidity solution for the American market. Maria is focused on delivering integrated finance, risk and reporting solutions to support financial institutions in meeting their regulatory compliance obligations.

Willy is the Director of Consulting for Wolters Kluwer’s Finance Risk and Reporting business, based in Toronto Canada. He has been with Wolters Kluwer for over 9 years and in the financial services industry for over 15.  Willy holds a master’s degree in International Economics and Business from the University of Utrecht, The Netherlands. Willy and his team have extensive experience in implementing complex financial solutions in banking environments helping financial institutions find ways to manage every aspect of Risk including ALM and FTP.

With over 30 years of experience in strategic risk management, Mike Guglielmo has provided technical and strategic consulting to a diverse group of financial institutions. Mike is also a frequent author and top-rated speaker on a variety of balance sheet and model risk management and operational risk management topics. He is the Immediate Past Chairman for the Financial Managers Society and is a faculty member for the FMS Institute.

During his tenure at DCG, Mike has served in various capacities, including director of financial analytics. In addition, he is a technical resource for the ongoing development of many of DCG’s quantitative and strategic risk management products and services. Prior to joining DCG, Mike managed the ALCO and strategic planning processes for a regional bank in the northeast. Mike is a graduate of Fairfield University with a degree in economics.

Vineet has 20+ years of experience with the Financial Institutions and had the privilege of working on newer and challenging opportunities across geographies, risk types (Market, counterparty, ALM and Liquidity) and asset classes. Vineet is currently Head of Business Strategy for IBOR transition at Rabobank working closely with Product Heads, CRO team and Control in delivery of Rabo’s Libor Transition activities and plan in accordance with USD Libor cessation timeframes.

Carles Herrero is Global Head of Solutions Sales at Mirai Advisory.

Carles and his team focus on helping banks modernize their ALM, Liquidity Risk, Balance Sheet Management, FP&A, Budgeting & Planning, and Regulatory Reporting functions.

Previously, Carles held several sales, business development, account management and presales positions in different vendors. Carles also worked for start-up companies in the areas of ALM and AI/ML applied to Credit Modeling.
He has worked in risk management for the last 19 years, serving banks and other financial institutions in 40+ countries around the globe.

Carles holds a bachelor’s degree in Telecommunications Engineering from UPC, Barcelona, and a Specialized MBA degree, with honors, from SDA Bocconi, Milan

Julian oversees Berenberg Capital Markets’ risk management program as the Head of Risk Controlling. Berenberg is a multinational full-service investment bank founded in 1590 with a significant presence in New York. Prior to returning to the industry, he consulted large financial institutions around the globe with a focus on Western Europe and North America. His financial and tech skills made him a trusted advisor across treasury, finance, ALM, and risk departments and a frequent speaker at industry events.

Rajesh currently leads the Regulatory Reporting and CCAR initiative. He also has the oversight of some of Corp Treasury programs. Prior to this, Rajesh led many projects including Enterprise Data Services at BNY Mellon. Rajesh has over 20 years of experience in financial sector. Rajesh is fully hands on with strong interest in applying data science to different areas.
Rajesh is a constant learner and enjoys taking University level classes to expand his learning. He has Masters in Computer Science from University from Massachusetts, Boston. Recently his interests has shifted into Data Science area.

Gautam Jha will be speaking at CeFPro’s Treasury and ALM Congress

Shahab Khan currently works for HSBC USA in New York in Capital & Liquidity Policy Group as Head of Liquidity Policy. Prior to this, he was at JP Morgan Chase & Co. as subject matter expert. Before this, he worked for various financial institutions and was associated with one of the big four accounting firms in the financial advisory group at the beginning of his career. During his professional career, he has held various positions in Treasury and M&A groups. For the last several years, he has been dealing with regulations related to Capital, Liquidity, RWA, Market Risk etc. that are applicable in the U.S. In addition to MBA, he is also a Certified Treasury Professional. He is an avid reader and loves to travel.

Ty Lambert joined BancorpSouth in 2006 and has held a variety of management positions with responsibilities contributing to balance sheet management, credit risk management, corporate planning, and modeling and forecasting. In his current role as Chief Risk Officer, his team is responsible for data analytics, regulatory compliance, enterprise risk management, vendor management, and Bank Secrecy Act/ Anti-Money Laundering efforts. Prior to joining BancorpSouth, Ty was an investment portfolio manager.

Michael is a Managing Partner at Phyton Consulting, a specialized professional services firm that empowers data intensive businesses with subject-matter leadership and execution-focused delivery capabilities. Michael has over a decade of experience in Finance, Risk, Data Management, and Technology in both public and private sectors. His diverse background working across the enterprise and in numerous change management roles for many of the world’s leading financial institutions has helped him develop a unique perspective on how these organizations function and how to navigate a changing business, technical, and regulatory landscape.

Michael received an MS in Finance and an MBA in Risk Management & Insurance from Georgia State University’s J. Mack Robinson College of Business. He earned a Professional Risk Manager (PRM) certification from PRMIA, Basel Compliance Professional designation from BCPA, Project Management Professional (PMP) credential from PMI, and numerous professional industry licenses and data/IT certifications

Avi Lopchinsky is a senior Treasury Risk Professional with extensive leadership in building and leading Treasury(ALM/IRR, Liquidity, CCAR) and market risk teams. He currently works as Head of Liquidity, Interest, and Market Risk at Apple Bank. Avi has an in-depth knowledge of banking practices and drivers from a business and risk viewpoint.

Rob MacPherson will be speaking at Treasury and ALM

Jennifer has over 20+ years in finance and risk management. She has worked for many companies with progressive leadership roles from analyst to CFO including the Federal Reserve Bank of Kansas City, Cerner, DST Output, Pioneer Services, UMB Financial Corp, and National Advisors Trust. Her experience ranges from corporate finance, treasury management, financial planning and analysis, model validation, third-party risk, corporate insurance, and leading teams of varying sizes.

Matthew Michel joined Cadence Bank in 2011. He is a CFA® charterholder and has held several positions within the Credit Department that include commercial underwriting, portfolio reporting, and MIS management. As Director of Quantitative Credit models, he leads a team that is responsible for managing the ACL using portfolio level credit models, developing and maintaining credit risk scorecards, and portfolio level stress models. Before joining Cadence Bank, Matthew worked in Retail Underwriting for Wells Fargo.

Mr. Charlie Peng is currently a Senior Vice President and Head of Treasury at Bank of China USA, primarily responsible for managing the banking book interest rate risk, liquidity risk and funding operations, investment management and other treasury functions .

Prior to that, he was also Head of Market Risk Management at Bank of China USA, and a director in Global Risk Oversight group at American Express, mainly responsible for financial & treasury risk modelling and market risk oversight. He also worked at Bank of America Merrill Lynch and Deloitte.

He is a CFA and holds MS Computer Science from State University of New York at Binghamton, MS Economics at Fudan University and Bachelor at Nankai University in China.

Svilen is currently with RBC as a Managing Director and is responsible for Balance Sheet Risk, Group Risk Management, Enterprise wide ALM, investment portfolios market risk, and liquidity risk governance, oversight, reporting, and model validation.

Prior to RBC, he held progressively senior roles in the Treasury and ALM management functions of large financial institutions in North America and Europe.

Susanne Robinson leads the second line of defense Liquidity Risk Oversight function at First Citizens Bank.  She joined First Citizens earlier this year when it merged with CIT Bank and became a Category IV bank with over $100bn of assets.  Susanne had been with CIT since 2014 where she built the Liquidity Risk Oversight function and held roles in Model Validation, CCAR stress testing, and Resolution Planning.

Susanne has a PhD in Finance from Stanford University.  Earlier in her career she worked in fixed income research and trading and financial analysis for securities litigation.  She has also taught classes in fixed income and options markets at NYU and Columbia Business

Oskar Rogg is Head of Treasury, Americas for Credit Agricole CIB. He joined the bank in 2006 after stints at Ernst & Young/Cap Gemini, a fin-tech boutique and 10 years running a startup consulting firm. Oskar began his career at First Boston (now Credit Suisse) where he developed software, worked in municipal finance and traded repo and municipal GICs. He has authored 15 books and articles, including chapters on repurchase agreements in the Handbook of Fixed Income Securities and the Handbook of Treasury Securities. He is a graduate of Cornell University and holds Series 7, 63, & 24 registrations and a PMP.

Yujush Saksena is currently a Managing Director in Treasury Risk at BNY Mellon.Prior to this he was the Head of Market Risk, GE Capital covering Interest Rate Risk, FX Risk and Commodities Market risk. Prior to this he was the Managing Director Market Risk for GECA and the Verticals and co-head of Interest Rate Risk oversight at GE Capital where his primary responsibilities included providing Independent Market Risk oversight of GE Capital Americas and GE Capital’s Global Commercial Real Estate, Aviation Financial Services, North American Life and Health and, until full divestiture, Synchrony. Prior to SIFI de-designation he was responsible for strengthening the independent oversight and challenge of IR risk, including evolution of IRR Policy, Standards and Procedures framework

Prior to joining GE Capital Yujush was at Citigroup, where was the Managing Director Interest Rate Risk Oversight and Market Risk Manager for the Retail Asset businesses. In his 23 years at Citi he held a number of roles in Market Risk and Finance, including Market Risk Manager for Latin America Retail bank. While at Citi, he also worked on developing and implementing a standard NII forecast process across Finance, Risk and Treasury at Citi.

Yujush holds an MBA from The Indian Institute of Management, Bangalore India and has an undergraduate degree in Engineering and a Master’s in Economics. He also holds CFA and FRM certifications.

Frank Sansone is Treasurer and SVP of China Construction Bank NY branch. Frank joined CCBNY in 2014, and he is primarily responsible for all branch treasury activities including balance sheet management, interest rate, funding, liquidity and forex risk. Previously, Frank served as Treasurer for Dexia US operations where he was responsible for global USD liquidity & interest rate risk. Prior to Dexia, he was the Treasurer of National Bank of Kuwait US operations.

Visionary problem solver & diplomatic change agent, Frank currently leads the NY branch Libor Transition Working Group. Frank has also led CCB’s effort as co-chair on US RMB Working Group successfully securing the regulatory approvals for the launch of an RMB clearing hub in the US. Frank is a seasoned liquidity stress manager having successfully chaired the US Liquidity Contingency Committees overseeing Dexia’s global USD liquidity management efforts during the crisis of 2008, 10 & 11, National Bank of Kuwait USD operations during the Iraqi invasion of Kuwait and most recently CCB during the 2020 Pandemic systemic liquidity stress.

Frank is a subject matter expert and regular industry speaker on China macroeconomics, managing China risk, and Treasury management best practices, including Liquidity, FTP, Libor transition, interest rate risk and balance sheet management. Frank has spoken at numerous Association of Financial Professional conferences on the benefits of RMB internationalization in RMB trading and corporate risk management and on Liquidity, IRR Risk, Funds Transfer Pricing and Libor-SOFR transition. He launched and is the author of the CCBNY China Update, with the objective of educating and facilitating a better communication and understanding of China’s evolving economic and regulatory framework for our local U.S. corporate and financial clients.

Frank graduated with a Juris Doctor from Fordham University School of Law and a Bachelor of Science in both Economics and Finance at the State University of NY at Albany.

Aaron Sanders is the Liquidity Risk Practice Leader at QRM. His efforts have been central to the firm’s success over the past decade in assisting its clients to navigate through the ever evolving requirements within liquidity risk management.  He has consulted with QRM clients around the world and is frequently asked to present at industry conferences, as well as in front of regulatory bodies and financial firms. He carries a BA in Economics from the University of Chicago.

Jorge is a Senior Director at Santander in the Market Risk department. Mr. Segura oversees Asset Liability Management exposure of all Santander US and as such provides challenge to Treasury department, participates in the ALCO and acts as Secretary in the Market Risk Committee. As Second Line of Defense, he also provides an independent view to ALM functions and is responsible of the European Regulatory reporting. He has experience dealing with dual regulation (US and Europe) and lead the implementation of IRRBB Guidelines in Santander US. Jorge’s experience includes interest rate risk, liquidity risk and trading risk management. Prior to be transferred to Boston, Jorge was Market Risk Head in Puerto Rico and before he worked in Santander Peru and in the Front Office.

Result oriented finance professional with 20 years of successful track record in Portfolio Management, Client Advisory, Structuring, Research, Treasury Management, ALM and New Business Development. Recognized by clients, peers and colleagues for innovative solutions, team building skills, ability to take charge, ethical approach and commitment to excellence. Demonstrated ability to consistently identify and generate successful client focused investment ideas that have always led to a strong long-term relationship with clients.

Extensive experience in creating overlay solutions using Interest Rates, FX and Credit derivatives for both fast money and real money accounts Entrepreneurial spirit, extensive management experience leading diverse teams and cross-functional projects

Steve is a Managing Director at Empyrean Solutions focused on introducing Empyrean to some of the largest, most sophisticated banks in North America, the UK, EU, and Asia-Pacific.  In this role, he leverages his experience as a successful financial services industry executive and consultant leading engagements in treasury, liquidity management, balance sheet and capital strategies, finance, regulatory risk compliance, and credit portfolio oversight.

He regularly presents and chairs industry risk conferences.  Steve has published in numerous industry journals including Bank Director, Bank Accounting and Finance, Commercial Lending Review, and American Banker.

Prior to joining Empyrean Solutions, Steve held Managing Director positions at Novantas and First Manhattan Consulting Group.  He started his career leading treasury at Shawmut National Corporation, a leading Northeast regional bank.  He has an undergraduate degree in economics from Allegheny College with honors and an MBA in finance from Tulane University.

Richard Vera will be speaking at our Treasury and ALM Congress

Steve is a Managing Director at Empyrean Solutions focused on introducing Empyrean to some of the largest, most sophisticated banks in North America, the UK, EU, and Asia-Pacific.  In this role, he leverages his experience as a successful financial services industry executive and consultant leading engagements in treasury, liquidity management, balance sheet and capital strategies, finance, regulatory risk compliance, and credit portfolio oversight.

He regularly presents and chairs industry risk conferences.  Steve has published in numerous industry journals including Bank Director, Bank Accounting and Finance, Commercial Lending Review, and American Banker.

Prior to joining Empyrean Solutions, Steve held Managing Director positions at Novantas and First Manhattan Consulting Group.  He started his career leading treasury at Shawmut National Corporation, a leading Northeast regional bank.  He has an undergraduate degree in economics from Allegheny College with honors and an MBA in finance from Tulane University.

Isaac Wheeler is Head of Balance Sheet Strategy at Derivative Path, Inc. where he helps financial institutions structure and execute hedging transactions. Before joining the firm Isaac spent five years at MFS Investment Management supporting execution of fixed income, currency and equity derivatives. He also spent time in MFS’s portfolio risk and technology teams. Isaac has a B.A. in Economics from Boston University.

Allen Whipple is Managing Director and one of the founders of ActiveViam. In his current role, he oversees commercial operations and is focused on expanding ActiveViam’s channel partners, including OEMs, Value Added Resellers (VARs) and integrated software vendors (ISVs). By joining forces with partners, Allen ensures that ActiveViam expands its offering within an ecosystem of integrated solutions to better address customer needs. Previously Allen was a co-founder of Summit Systems and at various times managed development, financial engineering, and the Americas.

Oscar is currently with BNP Paribas, in NY, as a Director, the Head of ALM&T and Asset Management Model Risk Management and the Validation Manager for CCAR, Compliance and Global Markets AI/ML models.

Prior to this role, Oscar enjoyed his 12+ year career in the risk management across different locations: Tokyo, London, Brussels and London, by enhancing risk management practices with local lines of business and supervisors. As the Head of Market and Counterparty Risk Model Validations, BNP Paribas, Americas, he also played a major role as the second line of defense in enhancing these models by leading global teams in Europe and in North America.

Oscar, FRM, holds a Master’s degree in quantitative finance from the École Mines de Paris, France