Moderators and Panelists 
David Biegel, HSBC North America Holdings, Inc.
David Biegel is the head of US Stress Testing at HSBC. He joined HSBC in 2016 from the Bank of England where he headed the Risk Infrastructure, Liquidity and Capital Division and later the Traded Risk Division. He also led the design and implementation the BoE's first concurrent stress testing exercise in 2014.
Before joining the BoE, Mr. Biegel was a consultant at Oliver Wyman in the firm's Finance and Risk area and an economist at UBS.
Mr. Biegel has an MSc in economics from the London School of Economics and a BA in economics from Columbia University.
Jeremy Caldwell, Federal Reserve Bank of Richmond
Jeremy Caldwell is a Co-Chair of the LISCC Capital Program for the Federal Reserve System. In this role, he co-leads the Federal Reserve's supervision of LISCC financial institutions' capital planning practices and financial risk management and controls. In addition, he oversees the Comprehensive Capital Analysis and Review's qualitative assessment of LISCC and large and complex bank holding companies' capital plans. Mr. Caldwell has served in a number of roles during his career at the Federal Reserve beginning in 2000. In addition to Mr. Caldwell's experiences at the Federal Reserve, he also spent time working in Internal Audit and as an equity research analyst at BB&T. Mr. Caldwell holds a Bachelor of Science from Virginia Tech.
Jeff Colson, Wells Fargo & Company
Jeff’s current responsibilities at Wells Fargo include overall management of the company’s capital; including ownership of the ICAAP framework, capital planning and forecasting, capital policy, company-wide stress testing and related policies for governance and estimation approaches, legal entity capital management, Basel qualification, resolution and recovery capital planning, setting targets and triggers, recommending capital actions, overseeing the common stock repurchase program and administration of the Capital Adequacy Process Committee and Capital Management Committee. Additionally, Jeff’s team oversees the execution and regulatory filing of CCAR and board reporting of the annual Capital Plan. Prior to joining Wells Fargo in June 2015, Jeff spent 10 years at Bank of America where he held positions as the Enterprise and Business Capital Planning & Strategy Executive in the Finance organization, and was the Enterprise Financial Risk Management Strategy Executive and Enterprise Stress Testing Executive in Global Risk. Jeff has also held management positions in Asset Liability Management, Financial Planning & Analysis, Investor Relations, Internal Audit, and spent 3 years as Controller for Group Treasury for AEGON N.V. in the Netherlands.
Jeff graduated with degrees in Accounting and Finance from Florida State University and became a CPA in 1997. Jeff lives in Charlotte, North Carolina with his wife and three daughters and was a member of the Advisory Board for Teach for America Charlotte for several years.
Raymond Conover, Bank of America Corporation
Raymond Conover is a Senior Vice President in Credit Risk at Bank of America. Based in Charlotte, his current responsibilities are primarily focused on the Banks’ Allowance for Loan and Lease Losses, CECL and IFRS 9 implementation and execution, CCAR and DFAST stress testing and documentation as well as Board and Management Committee reporting. With 19 years of financial services experience, Raymond previously held CFO roles at Bank of America & Merrill Lynch in New York and Hong Kong focused primarily in Corporate Treasury Funding and Liquidity management. Prior to that, he was with PricewaterhouseCoopers in New York where his client focus was in the Capital Markets Assurance practice. Raymond is a graduate from Rutgers Business School with a B.S. in accounting and is a New York State Certified Public Accountant (Inactive).
Filippo Curti, Federal Reserve Bank of Richmond
Filippo is a financial economist in the Quantitative Supervision and Research (QSR) unit of the Federal Reserve Bank of Richmond. Filippo joined the Richmond Fed in 2014 after earning his doctorate in Finance at the University of Arizona. Prior to moving to the US, Filippo worked one year for Toro Assicurazioni S.p.a. (now Assicurazioni Generali S.p.a.) and obtained his master degree in Actuarial and Statistical Science from the University of Turin. Since he started working for the Richmond Fed he has been heavily involved in Operational Risk as both modeler and examiner and currently leads the Operational Risk Supervisory Modeling Team.
Patrick deFontnouvelle, Federal Reserve Bank of Boston
Patrick de Fontnouvelle is a Vice President in the Supervision, Regulation and Credit Department at the Federal Reserve Bank of Boston. Patrick oversees the Supervisory Research and Analysis Unit, which makes substantial System contributions to both the CCAR and DFAST exercises. Previously, Patrick held positions as a Financial Economist with the U.S. Securities and Exchange Commission and with General Electric Corporation. He has also taught economics as an Assistant Professor at Iowa State University. Patrick received his B.A. in mathematics from Princeton University, and his Ph.D. in economics from the University of Wisconsin — Madison.
Jeff Donarksi, Federal Reserve Bank of Chicago
Jeff Donarski is currently an Assistant Vice President in FRB Chicago’s Risk Specialist Division and is the Horizontal Team Lead for the LISCC Program’s Capital Planning Team. Jeff has led and coordinated capital planning reviews since 2011. Prior to joining the Federal Reserve, Jeff was a government relations professional in the financial services industry and a senior legislative advisor in Washington, D.C. He has degrees from the University of Notre Dame and the Kellogg Graduate School of Management.
Heather Espinosa, Citigroup Inc.
Heather is the Head of Citi’s CCAR/DFAST Central Coordination Team. In her role, she is responsible for managing the overall CCAR/DFAST program and regulatory interactions. Heather works closely with multiple workstreams, including Risk Identification, Scenario Design, PPNR, Loss Forecasting, RWA, and Capital to continuously enhance practices.
Heather is also responsible for establishing and enhancing control standards, facilitating interactions with Model Risk Management and Internal Audit, and defining and monitoring capital planning related remediation actions and enhancements.
Prior to her role in CCAR, Heather led an effort to enhance Risk Management practices related to investment product sales and suitability.
Prior to joining Citi, Heather worked at Accenture. She holds an MBA from the Tuck School of Business at Dartmouth College, and a B.A. from Williams College. She is the proud mom of 13 year old twins and enjoys reading a good book.
Matt Frame, Federal Reserve Bank of Philadelphia
Matt Frame is a member of the Capital Program Leadership Group, which is responsible for the oversight of the day-to-day execution of the LISCC Capital Program, the year-round supervisory program that assesses the capital adequacy, capital planning, and financial risks and controls of the largest bank and intermediate holding companies. In this capacity, Matt is responsible for providing oversight and strategic direction related to the assessments of capital planning and financial risk management and controls as part of the annual CCAR exercise and other supervisory activities. In addition, Matt oversees a horizontal team focused on developing a horizontal perspective and supporting the assessments of several areas of capital planning including risk identification, scenario design, capital policy, internal controls, and governance.
Since joining the Federal Reserve in 2010, Matt has held various roles in the CCAR program and bank supervision. Matt has significant leadership experience relating to the Capital Program having served as a member of the CCAR Oversight Group prior to assuming his current role. In addition, Matt served as the deputy central point of contact for a large, foreign banking organization and is a commissioned bank examiner. Prior to joining the Fed, Matt worked at a large public accounting firm and is a CPA.
Yaniv Gershon, Federal Reserve Bank of Boston
Yaniv is a Vice President in the Supervision, Regulation, and Credit Department at the Federal Reserve Bank of Boston. Yaniv leads the day-to-day execution of the Federal Reserve’s oversight of capital – including capital adequacy, planning, and financial risks and controls – at the largest U.S. banks. Prior to his current role, Yaniv was a member of the group overseeing the Federal Reserve’s annual Comprehensive Capital Analysis and Review (CCAR) exercise, directing the Federal Reserve System teams responsible assessing firms’ counterparty credit and trading and securities risks.
Prior to his work at the Federal Reserve Bank of Boston, Yaniv led the credit risk economic capital team at State Street Corporation. In that capacity, he was responsible for developing and implementing advanced credit risk capital modeling methodologies for the firm’s wholesales and securitized assets portfolios. He obtained his Master’s Degree in Applied Mathematics from Wayne State University and an Accounting Degree from Ramat-Gan College in Israel.
Christopher Haniff, Barclays US LLC
Christopher Haniff is the PPNR lead at Barclays responsible for PPNR and Balance Sheet forecasting for the Investment Bank and consolidation across the Intermediate Holding Company. He joined the Barclays Finance team in 2000 and has been in his current CCAR role since 2014. Prior to this role, Chris has held management positions in Product Control across various asset classes and has led a number of key strategic and regulatory initiatives. He has previously worked at Merrill Lynch and Fuji Capital Markets and holds a B.A. in Finance and Accounting from New York University and the Chartered Financial Analyst (CFA) professional designation.
Sarah Hewitt, Federal Reserve Bank of New York
Sarah Hewitt is an Officer at the Federal Reserve Bank of New York. She leads the LISCC Retail Credit Risk Horizontal Team, which is responsible for assessing and providing subject matter expertise on consumer credit for capital planning and financial risk management. Sarah joined the FRBNY in 2009 and her responsibilities have spanned a number of areas, including retail credit, model risk management, supervisory model development, and stress testing. She holds a B.A. from Hamline University and a Ph.D. in Applied Mathematics from the University of Washington.
Nathanial Hoover, Federal Reserve Bank of Boston
Nathaniel is a Senior Quantitative Analyst who leads a team responsible for evaluating and improving the first-line model risk management framework applied to the Federal Reserve's internal DFAST models. Prior to joining the Federal Reserve Bank of Boston in 2015, Nathaniel worked for four years in model validation at the Federal Home Loan Bank of Cincinnati. In his role at the FHLB, he worked directly with the Chief Risk Officer to design, implement, and oversee the Bank's model risk management program; conducted validation reviews of models used throughout the Bank; and advised senior management on modeling issues. Mr. Hoover has a B.A. in Economics and a B.A. in Mathematics from the University of Colorado and an M.A. in Economics from the University of Virginia.
Bill Hunt, Citibank, N.A
Mr. Hunt is Managing Director, Regulatory Risk and Head of Independent Risk Model Oversight for Citi’s Global Consumer Bank. He is responsible for effective review and challenge of Citi’s consumer loss forecasting models, along with driving continuous improvement of those models, both through leveraging industry best practices and leading internal research efforts. In his role since 2015, Mr. Hunt helped develop the framework for Citi’s Consumer CCAR modeling and for the functional review process, and established a new second line of defense team comprised of seasoned risk modeling and subject matter experts in consumer credit.
Prior to his current role at Citi, Mr. Hunt spent four years with Opera Solutions, where as Head of Fixed Income Research he oversaw the transition of analytical solutions initially tailored to RMBS investors to bank and insurance company real estate loan portfolios, specifically in support of CCAR/DFAST and internal stress testing efforts, while expanding coverage to include commercial real estate. Before that, Mr. Hunt spent 15 years in senior quantitative risk management and modeling roles, including as co-head of the MBS valuation advisory unit at Algorithmics, head of Structured Finance Quantitative Financial Research at Fitch Ratings, head of Portfolio Risk Management at FGIC, and as PLCC Commercial Risk Manager at GE Capital. He holds a B.A. degree in Mathematics from Vanderbilt University and a M.S. degree in Mathematical Sciences from Clemson University.
Stan Ince, Credit Suisse Holdings USA Inc.
Stan Ince is a Director and Head of the Americas Capital & Resolution Projections team for Credit Suisse, based in New York. Stan has led the Projections team since 2014 and is responsible for the financial projections components of the US Capital Plan and US Resolution Plan. Stan joined Credit Suisse in 1995 and worked in the Equity Derivatives business in the UK, Japan and the US. In 2005 Stan moved to the CFO function to run global Equity Derivatives Product Control and Americas Equities Product Control. Stan is a UK chartered accountant and a member of the Association of Corporate Treasurers.
Kathleen Johnson, Board of Governors of the Federal Reserve System
Kathleen Johnson is the Assistant Director over stress testing research, modeling, and analysis in the Division of Banking Supervision and Regulation at the Federal Reserve Board. The stress testing section coordinates the system-wide efforts to implement and execute the Federal Reserve’s stress tests. Ms. Johnson also serves as the deputy chair of the Model Oversight Group. Prior to her current position, Ms. Johnson was a Senior Economist in the Division of Research and Statistics at the Federal Reserve Board, where she conducted research and policy analysis on household credit markets. She has published articles on household credit and consumer behavior in journals such as Real Estate Economics and the Journal of Money, Credit, and Banking. Ms. Johnson earned a B.S. in Economics from Binghamton University and a Ph.D. in Economics from the University of Maryland.
Charlie Johnston, Capital One Financial Corporation
Charlie is responsible for managing Regulatory Capital, including quantifying credit and capital resilience at the corporate level for Capital One. He leads the Firm’s enterprise-wide stress-testing program, including oversight of all models, methodologies and reporting for CCAR/DFAST stress tests. Additionally, his team provides modeling support for acquisitions and divestitures and manages the Firm’s economic outlook, producing economic forecasts and developing new analytic approaches that incorporate economics into business line decision making.
Prior to leading Risk Capital Analytics, Charlie worked in Credit Risk Management for ten years, with responsibilities that included assessing Firm-wide credit quality, managing the corporate credit loss outlook and quarterly ALLL calculations, setting credit policy standards and governance requirements, and developing approaches and promoting best practices for credit governance and risk assessment. Charlie joined Capital One in 1997 and spent his first five years developing marketing and product strategies for the subprime credit card business. He received a B.A. from the University of Richmond and an MBA from The College of William and Mary.
Bill Keirstead, The Goldman Sachs Group, Inc.
Bill heads model validation at Goldman Sachs. He joined the firm in 1995 in the Fixed Income Division, and lead various quantitative groups covering Interest Rates and Equities businesses before joining Model Risk Management in 2016. Bill earned a BA in Math and Physics and an MS in Finance from the University of California, Berkeley, and a PhD in Physics from Stanford University.
Jung-Eun Kim, Federal Reserve Bank of Richmond
Jung-Eun is a financial economist in the Quantitative Supervision and Research (QSR) division of the Federal Reserve Bank of Richmond. Jung-Eun joined the Richmond Fed in the summer of 2015. Prior to joining the Fed, Jung-Eun was a visiting professor at the University of Georgia, Finance department in Terry College of Business. She completed her Ph.D. in Finance at the University of Texas at Austin while specializing in Banking and Real Estate research. Since joining the Richmond Fed, Jung-Eun has been working in the Wholesale and the PPNR work streams and she currently leads the CRE group of the Wholesale Supervisory Modeling Team.
Randall King, The PNC Financial Services Group, Inc.
Randall C. King is treasurer and executive vice president for the PNC Financial Services Group. In this position, King is focused on bank and parent company funding, liquidity management and capital management.
King joined PNC in 1983 and has held a number of management positions in the asset and liability management area, including responsibilities relating to the fixed income investment portfolio, financial derivatives, and capital and liquidity management. He was named treasurer in 2018.
King serves on the Investment Center Advisory Council of Duquesne University and the board of the Pine-Richland Opportunities Fund. He earned BA degrees in economics and business administration at Grove City College and an MBA at Duquesne University.
Niko Kruger, Bank of America Corporation
Niko Kruger has been with Bank of America since 2001 and has held roles in trading, risk, treasury and finance.
Currently, as Managing Director, Niko oversees Global Banking and Markets Stress Testing and Recovery & Resolution Planning. Leading a 32-person team, his responsibilities entail quarterly baseline and stress scenario financial forecasts for interest income, non-interest income, expenses and stress losses. These forecasts also support CCAR and DFAST. In addition to that, Niko owns the formulation and assessment of recovery plan options, which the firm can act upon to tactically or strategically raise capital and liquidity. He is also responsible for defining and producing the resolution plan with a focus on unwinding the firm’s Global Markets balance sheet and trading assets in an idiosyncratic event.
Before his current role, Niko worked in Treasury leading Capital Management efforts for Global Banking, where he provided strategic advice to the business on its use of financial resources, implemented and served as an expert on Basel 3 capital rules and regulations, managed the allocation and deployment of the capital, and calculated/reported risk-weighted assets and capital metrics for the firm’s wholesale exposure.
Previously to that, Niko led the build-out of the bank’s commercial stress testing framework and models to adhere to newly minted regulatory requirements via Dodd-Frank and CCAR. In this role, he led the development of the bank’s commercial stress testing framework and models, owning the projection the firm’s asset quality and losses for commercial, industrial and commercial real estate wholesale exposure. He also built-out and led portfolio analytics, optimization and business integration related capabilities for Global Banking businesses.
Prior to mid-2009, Niko worked as a senior trader on the firm’s mortgage trading desk as he headed CMBS (Commercial Mortgage Backed Securities) derivatives trading and was also responsible for hedging and managing the CMBS origination pipeline for fixed-rate loans. Niko was instrumental in building out Bank of America’s CMBS index derivatives franchise, which was critical in protecting the firm against losses during the great recession.
Niko holds a Bachelor of Science degree in Finance from the University of South Carolina with summa cum laude honors. He also received FINRA licenses 3, 7 and 63.
Ryan Loftus, JP Morgan Chase & Company
Ryan Loftus is the Firmwide head of Capital Stress Testing responsible for the end-to-end execution of the CCAR, Mid-Cycle and DFAST stress tests as well as shared responsibility for the Risk Appetite processes and pro formas for the Firm’s Resolution and Recovery program.
Prior to his role in Capital Stress Testing, Ryan was the Chief Financial Officer for the Chase Mortgage Origination and Capital Markets business. Ryan was responsible for the profitability, efficiency and customer experience of the $100B+ annual originations franchise across the Chase network
Prior to working in Mortgage Banking, Ryan was the head of Basel Measurement and Analytics, part of the Capital Management & Liquidity organization, responsible for Firmwide risk weighted asset actuals calculations and implementation of new Basel standards.
Prior to Capital Management, Ryan spent approximately six years in J.P. Morgan’s Corporate Finance Advisory FIG Group within the Corporate and Investment Bank, primarily covering North American banking institutions. In this capacity Ryan advised and structured client transactions focusing on M&A, Fixed income products, Asset/Liability Management and Basel capital efficiency.
Prior to joining J.P. Morgan’s Corporate Finance Advisory Group, Ryan worked in J.P. Morgan and a predecessor firm (Bank One Corporation) Corporate Treasury Groups, beginning his career at Bank One in Chicago.
Ryan obtained his undergraduate degree in Business Administration with an emphasis in Finance from Marquette University in Milwaukee, Wisconsin.
Bipasha Majumdar, MD, Barclays US LLC
Bipasha Majumdar is a Managing Director and Head of CCAR for Barclays. Bipasha joined Barclays in September 2017 from GE Capital where she led the Capital Adequacy and Analytics team for 3 years. Prior to GE Capital, Bipasha spent 9 years at JPMorgan Chase in a number of leadership roles in capital management, regulatory reporting and policy, and Basel implementation with her most recent role as Head of Capital Planning & Analysis. Bipasha also worked several years in financial services consulting at both Deloitte and PwC before entering the banking industry.
Bipasha has a B.A. in Economics and East Asian Studies from Harvard University and an M.A. in International Economic Development from the International University of Japan. She is also a Chartered Financial Analyst.
John Manzi, The Goldman Sachs Group, Inc.
John manages the Capital Analysis, Plans and Reporting team, which focuses on regulatory capital calculation, attribution and capital management. Previously, he worked in Product Control supporting the mortgage trading business. John joined Goldman Sachs as an associate in 2006 and was named managing director in 2015. Prior to joining the firm, John specialized in the audit of financial institutions at KPMG. John earned a BS in Accounting from Villanova University in 2003. He is a certified public accountant.
Susan McDonald, State Street Corporation
Susan McDonald is a Managing Director within State Street’s Capital Management function. She joined the Capital team in 2010 and has a broad range of capital management experience and acumen. Her current responsibilities include State Street’s Capital Policy and Plan, as well as global capital oversight, which includes capital related content in recovery and resolution plans.
Susan joined State Street in 2005. Prior to joining State Street, she held various finance and accounting leadership roles in financial institutions in Massachusetts and California.
Susan is a graduate of the University of Massachusetts and began her banking career at the failed Bank of New England.
Ram Narayan, Capital One Financial Corporation
Ram Narayan leads the Card Divisional Credit Offices, overseeing the credit governance and loss forecasting activities Capital One’s credit card businesses.
Ram joined Capital One in 1997. In his 21 years at the firm, he's held leadership roles in the Credit Card business (Acquisitions and Customer Management), as well as Risk Management positions creating and overseeing credit policy and strategy for Bank Consumer and Financial Services products.
Ram earned an undergraduate degree in engineering from The Johns Hopkins University and a master's degree from Stanford University. He lives in Arlington, Virginia.
Johnbull Okpara, Morgan Stanley
Johnbull is a Managing Director and Global Head of Financial Planning & Analysis and CFO of Infrastructure for Morgan Stanley. He is a member of the Firm’s Finance Management Committee, Firm-wide Technology Committee, Firm’s Capital Adequacy Steering Committee and oversees the Firm’s PPNR Steering Committee.
Prior to joining Morgan Stanley on February 1, 2016, he was a Managing Vice President, Finance at Capital One, where he led corporate valuation, accounting policy, finance process and technology initiatives, firm-wide Sarbanes Oxley compliance, and previously head of Global Card & International Controllers.
From 2003 to 2013, Johnbull held various executive finance roles at American Express, including Global M&A Controller, Global GNMS Controller, & VP of Finance, Card Services.
Between 1992 and 2003, Johnbull held various roles at Ernst & Young and Arthur Andersen progressively from Staff Consultant to Director, with focus on Business Advisory, M&A Advisory, Business Risk Services and Financial Statement Audits.
Johnbull received an MBA in Finance & Management from NYU Stern School of Business, a B.S. in Applied Chemistry from University of Jos, and had a CPA.
Johnbull is a member of the Executive Leadership Council and is a recipient of the Greater Hudson Valley Links Corporate Leadership award. He and his wife have 4 children and reside in Westchester, NY.
David Palmer, Board of Governors of the Federal Reserve System
David Palmer is a senior supervisory financial analyst in the Risk Function of the Division of Banking Supervision and Regulation at the Federal Reserve Board. He focuses on several primary topic areas, including banks' capital planning practices, banks' model risk management practices, banks' and supervisors' stress testing activities, validation of supervisory stress testing models, banks' credit risk capital models, and use of machine learning models. He engages in both policy-related projects as well as on-site examinations.
Mr. Palmer was a key contributor to the Federal Reserve's supervisory guidance on capital planning for large firms issued in December 2015 (SR Letters 15-18 and 15-19), as well as to the Federal Reserve's rules to implement Dodd-Frank stress testing requirements and the Federal Reserve's Capital Plan Rule. In addition, he serves in a leadership position in the Federal Reserve for evaluating firms' capital planning processes for CCAR and Pillar 2. Mr. Palmer was also a primary author of the Federal Reserve's Supervisory Guidance on Model Risk Management (SR 11-7), issued in April 2011 jointly with the OCC, and continues to lead the implementation of that guidance within the Federal Reserve.
Mr. Palmer has a Bachelor's degree from Oberlin College and a Master's degree from Georgetown University.
Matt Plosser, Federal Reserve Bank of New York
Matt Plosser is a Senior Economist in the Financial Intermediation Function at the Federal Reserve Bank of New York and Lead for the PPNR Supervisory Modeling Team. His research interests include banking, corporate finance, private equity and entrepreneurial activity. He received his Ph.D. from the University of Chicago, Booth School of Business in 2012.
Lisa Ryu, Board of Governors of the Federal Reserve System
Ms. Ryu is an Associate Director in the Division of Banking Supervision and Regulation at the Federal Reserve Board. She is responsible for the Federal Reserve’s supervisory stress test program and chairs the Model Oversight Group responsible for the development and implementation of the models used for the Federal Reserve’s stress test. Ms. Ryu also oversees the supervision of financial risk management and capital planning at the largest and most complex banks, including the Comprehensive Capital Analysis and Review program.
Prior to joining the Federal Reserve Board, she was a chief of the large bank pricing group and senior economist at the Federal Deposit Insurance Corporation. In that capacity, she was involved in a wide range of key crisis management initiatives during the financial crisis and served as FDIC lead on the interagency oversight group for the Supervisory Capital Assessment Program in 2009.
Irene Sanchez, Federal Reserve Bank of New York
Irene is an Officer at the Federal Reserve Bank of New York, and the System-wide Horizontal Evaluation Team Leader for Non-Interest Income PPNR, balances, and market-RWA. In previous roles at FRBNY, Irene led PPNR CCAR assessment teams & portfolios, managed analytical teams focused on capital markets, and served on a Dedicated Supervisory Team. Irene is a commissioned bank examiner, and has participated in FRS stress testing efforts annually since SCAP in 2009. Irene holds an A.B. in Government from Harvard College, and a Masters in Public Affairs and a Masters in Urban and Regional Planning from Princeton University.
Keith Sancton, TD Bank US Holdings LLC
Keith Sancton has been with TD since 2004 beginning with front line customer service positions before moving into Finance where he worked in various roles across multiple departments supporting Retail and Corporate Finance.
In his current role, Keith is responsible for leading and coordinating the business management, governance and documentation related activities which includes CCAR documentation support, regulatory exam management, maintaining the CCAR Governance structure and supporting various business management requirements for the CMG team. Keith has a Bachelor of Commerce (Major in Finance) from Saint Mary's University and holds a CPA designation. On the personal side, Keith enjoys spending time with his wife and two daughters who relocated to New Jersey from Toronto in 2016 for his current role.
Prasoon Saurabh, HSBC North America Holdings, Inc.
Prasoon is a Senior Vice President and head of scenario design and PPNR modeling for HSBC USA. As the head of scenario design, Prasoon leads a team of economists and quantitative modelers to design macroeconomic scenarios for CCAR and CECL programs. Additionally, Prasoon heads the PPNR modeling group leading the development of balance sheet and revenue models used in CCAR.
In his nine years at HSBC, Prasoon worked in different roles, including credit card portfolio management and model risk management. Prior to HSBC, Prasoon worked in Capital One and Progressive Insurance. He has a Masters in Industrial Engineering from Arizona State and Bachelors in Mechanical Engineering from Indian Institute of Technology, Bombay.
Deniz Senturk, State Street Corporation
Deniz is the Chief Risk Officer supporting Global Treasury in State Street Corporation (SSC). Prior to this role, she has been head of Model Risk Management in SSC for three years and before joining SSC, she has been heading Model Risk Management in GE Capital for 3+ years. She has been with GE for 15 years where she led marketing analytics teams and also research teams in GE Global Research Center (where she has published 15+ patents and 20+ research papers on advanced statistical techniques used in risk and finance.) Her areas of functional expertise include compliance and control functions, credit, treasury and model risk management as well as risk analytics, marketing analytics and business strategy management. Deniz also served as an adjunct professor at Graduate School of Business, Fordham University for three years. She has a Ph.D. in Applied Statistics from University of California, Santa Barbara and a B.S. in Physics from Bogazici University (Turkey).
Gopal Sharathchandra, The PNC Financial Services Group, Inc.
Gopal “Sharath” Sharathchandra is a Senior Vice President in the Credit Portfolio Management function at PNC Bank. He is responsible for CCAR credit loss forecasting, CECL implementation, credit risk appetite analytics, economic capital, risk adjusted return measurement as well as development of credit data and analytic infrastructure. He has over 20 years of industry experience in credit risk management and has held leadership positions at Freddie Mac, Capital One and the Asian Development Bank. He has a B.S. in engineering from the Indian Institute of Technology, an M.S. in Statistics from Stanford University and a Ph.D in Finance from the University of California, Berkeley.
Charles Shen, JP Morgan Chase & Company
Charles Shen is a Managing Director and Head of Model Performance Assessment and Ongoing Monitoring at JP Morgan Chase. Prior to this role, Charles was the Head of Model Review Group (Americas) at JP Morgan. Dr. Charles Shen has been working in financial industry for 20 years after receiving his Ph.D. degree.
Michael Szwejbka, U.S. Bancorp
Michael Szwejbka is SVP of Quantitative Model Development at U.S. Bank. He has held positions of increasing responsibility in the credit stress testing area since joining U.S. Bank in 2009. He currently oversees the development, implementation and execution of the loan loss forecasting models used in stress testing. His area is also responsible for Basel credit models and CECL. Prior to U.S. Bank, he worked in various quantitative positions in the financial sector, including hedging variable annuities at Ameriprise Financial, building credit reporting systems and modeling defaults at GMAC-ResCap, and reviewing firms’ operational risk models while at the Federal Reserve Bank of New York. He attended Columbia University where he earned a M.S. in operations research.
Afshin Taber, Federal Reserve Bank of New York
Afshin Taber is a member of the Federal Reserve System’s Program Leadership Group for Capital, with responsibility for overseeing the PPNR, Interest Rate Risk and Securities teams. Prior to joining the Federal Reserve in 2012, Afshin was a Director on ING’s proprietary trading team, focused on distressed credit and special situations investing. Prior to ING, Afshin was a Vice President in JP Morgan’s Mergers & Acquisitions investment banking group. Afshin holds a BS in optical engineering from University of Rochester, an MS in electrical engineering from University of Texas, and an MBA from Columbia University.
James Vickery, Federal Reserve Bank of New York
James Vickery is an Assistant Vice President in the Research and Statistics Group of the Federal Reserve Bank of New York. His research focuses on financial intermediation and banking. Recent research topics include fintech mortgage lending, credit risk transfer, consumer financial protection, and the effects of regulation on bank securities portfolios. Mr. Vickery also serves on the Model Oversight Group that directs the Fed's supervisory stress testing models, and contributes to other Federal Reserve policy responsibilities relating to financial stability, bank regulation, and monetary policy. He also teaches as an Adjunct Associate Professor of Finance at the NYU Stern School of Business. Mr. Vickery joined the Federal Reserve after completing a PhD in Economics from MIT in 2004. Prior to graduate school he was a research analyst at the Reserve Bank of Australia.
Sebastiano Visentini, Morgan Stanley
Sid is the Head of Capital and Head of Firm Strategy & Execution for Morgan Stanley, where he oversees the Firm’s strategic initiatives; execution of Firm-wide acquisitions and divestitures; capital planning and management activities; and stress testing processes, including the annual CCAR submission to the Federal Reserve. Prior to starting his role in May 2016, he was a Managing Director in the Financial Institutions Group within Investment Banking, where he provided strategic advisory services to clients in the U.S. Banking and Specially Finance sectors. Prior to joining Morgan Stanley in 2008 as a Vice President, Sid was a founding member of BESCAP, a private equity firm focused on investing in the financial services sector. From 2000 to 2006, Sid was an analyst and associate at Credit Suisse (formerly Donaldson, Lufkin and Jenrette), where he focused on capital raising and M&A across the financial services sector. He received a B.S. summa cum laude in finance from Boston College. Sid resides with his wife and two children in New Jersey.
Kiran Yalavarthy, Wells Fargo & Company
Kiran Yalavarthy leads the Credit and PPNR Modeling (CaPM) team in the Corporate Credit & Market Risk division of Wells Fargo. The team is responsible for the development of allowance, basel, loss forecasting and Pre Provision Net Revenue (PPNR) models for commercial and retail portfolios.
Prior to joining Corporate Risk, he worked in the Wholesale Banking Credit division where he focused on building the foundational framework for wholesale credit risk modeling and in the Credit Strategies Group as a Portfolio Management Associate. Yalavarthy joined Wells Fargo in 2006.