Senior Vice President & Chief Risk Officer
Apr 2007 - Jan 2014
Genworth Financial Wealth Management, Los Angeles, CA
- Headed the risk management function for a $25 billion AUM investment management organization, reporting directly to the firm’s Executive Committee.
- Simultaneously served as Chief Risk Officer reporting directly to an independent mutual fund Board of Trustees overseeing more than two dozen proprietary mutual funds.
- Directed the firm’s risk oversight function covering more than 100 managed programs involving more than 2,000 different securities across all major traditional and alternative asset classes.
- Directed the installation and use of the firm-wide risk analysis and reporting system (iQuantum).
- Provided risk analysis and guidance across multiple functional areas including portfolio management, product development, new vehicle launch and acquisitions. Reports included reviews of VaR, marginal volatility, tracking error, correlation drifts, concentration analysis, etc.
- Chief architect for all corporate governance of enterprise risks, including establishment of the firm’s first-ever risk management committee. Restructured all existing investment committees to ensure proper fiduciary oversight. Developed investment product guidelines, forensic testing programs, counterparty risk monitoring, leverage control and management of exotic/derivative exposures.