Buy-Side Risk USA
Buy-Side Risk USA is the leading conference for investment strategy and risk professionals from across the North American buy-side industry.
Fabio M. Natalucci
Deputy Director, Monetary and Capital Markets Department
International Monetary Fund
Fabio M. Natalucci is a Deputy Director of the Monetary and Capital Markets Department with responsibility for the IMF’s global financial markets monitoring and systemic risk assessment functions. He is responsible for the Global Financial Stability Report that gives the IMF’s assessment of global financial stability risks. Prior to joining the IMF, Fabio was a Senior Associate Director in the Division of Monetary Affairs at the Federal Reserve Board, where he conducted research and current analysis on the relationship between monetary policy, financial regulatory policy, and financial stability. Between October 2016 and June 2017, Mr. Natalucci was Deputy Assistant Secretary for International Financial Stability and Regulation at the U.S. Department of Treasury. His responsibilities included leading U.S. engagement on financial regulatory cooperation in the G-20, representing the U.S. Treasury at the Financial Stability Board, coordinating between domestic and international post-crisis regulatory reforms, and monitoring developments and vulnerabilities in global financial markets. Fabio holds a PhD in Economics from New York University.
President and Chief Investment Officer
Weiss Multi-Strategy Advisers
Jordi Visser is the President and Chief Investment Officer for Weiss Multi-Strategy Advisers. He joined the firm in 2005. Prior to that, he was the founding managing partner of Anchor Point Asset Management, a global macro fund, where he was responsible for the investment process, investment decisions and risk management. A former managing director at Morgan Stanley, Mr. Visser traded various global equity derivative books for nine years after spending two initial years as a controller. He opened the Morgan Stanley office in Sao Paulo, Brazil, and managed the derivative sales and trading effort there during the 1997–1998 emerging market crisis. Upon his return to New York in 1999, he managed a multi-billion dollar notional index option portfolio and was a member of the Equity Division Risk Committee. He is a magna cum laude graduate of Manhattan College and a board member of the School of Business at Manhattan College.
Global Chief Investment Officer
AXA INVESTMENT MANAGERS
- Kathleen is the Global CIO & Head of Research for Rosenberg Equities, a role she has held since 2017.
- Kathleen joined Rosenberg Equities in 1999 and has held a number of positions within the firm including Portfolio Manager, Head of Investment Modelling and Deputy Chief Investment Officer for the Americas and most recently, Head of Research and Investment.
- Kathleen obtained her Bachelor’s degree from Harvard University in 1999 and earned her MBA from Duke University in 2006. She has earned an Investment Management Certificate and is a CFA charterholder.
Chief Risk Officer and Head of Quantitative Research
Head of Risk, Americas
Since March 2016, Head of Risk Management - Americas at Schroders with responsibilities for the Firm's business activities in North America (US, Mexico, Canada), and Latin America (Brazil, Argentina and Chile).
From 2011 to January 2016, Head of Investment Risk Management and Performance Analytics at JP Morgan Asset Management- Americas with responsibilities for public equities, fixed income and alternatives assets representing more than $1 trillion in AUM.
From 2007 to 2010, Chief Risk Officer and member of the Executive Committee at Primus, a $25+ billion NYSE-listed credit asset manager. Prior to Primus, was Managing Director and Head of Risk Management for private finance at TIAA-CREF between 2005 and 2007.
Began career in finance in 1994 at Natixis Bank, a global banking institution headquartered in Paris; held several front office positions in leveraged finance, oil and gas lending, structured credit products origination and investing, and during his last five years with the institution, as head of the US Loan Portfolio Management Group.
BS in Applied Mathematics and MBA in Finance from the University of Houston.
Director, Portfolio Management & Asset Allocation
Mike is a member of the team that manages the TIAA General Account Investment Portfolio. His responsibilities include Investment Strategy, Asset Allocation/ALM, Portfolio Hedging and Yield Enhancement.
Before joining TIAA, Mike was a Director of Investment Risk Management at Genworth Financial where he was responsible for Asset/Liability Management, derivatives risk oversight and counterparty credit risk. Mike was also a Senior Derivative Trader at Genworth where he managed and traded the derivatives portfolio and developed hedging strategies. Prior to joining Genworth, Mike worked at Principal Financial Group where he managed a portfolio of structured products and derivatives. Earlier in his Career, Mike worked in treasury and corporate finance at BBVA/Compass Bank.
He holds a Bachelors in Industrial Engineering from University of Michigan and an MBA in Finance from University of Illinois. Mike is a CFA Charterholder and a Professional Risk Manager (PRM).
Managing Director, Head of Multi-Asset Research
MELLON CAPITAL MANAGEMENT CORPORATION
Anjun Zhou, Ph.D.
Managing Director, Head of Multi-Asset Research
Mellon Capital Management
Anjun Zhou has over 17 years of investment experience. She is currently responsible for leading the Multi-Asset Research Group at Mellon Capital for the design and development of investment strategies and innovative solutions across asset classes.
Prior to Mellon Capital, Anjun was Executive Director at Morgan Stanley, responsible for research, portfolio management and product development for its asset allocation clients. Prior to Morgan Stanley, she was Vice President at Deutsche Asset Management and Principal at State Street Global Advisors.
Anjun has authored publications on real asset investing, volatility modeling and innovative approach to stock selection. Anjun is quoted for her asset allocation expertise in professional publications and on media. She also speaks at industry and academic conferences.
Anjun earned her Ph.D. in Finance from the University of Illinois at Urbana-Champaign, and a B.A. in Business Administration from Peking University.
Anjun currently serves as a Board Member of Opera Parallèle. Her other affiliations include Q-Group and 100 Women in Finance.
Managing Director, Risk & Quantitative Analysis
Kristen has 25+ years of experience in risk management and analytics at large buy- and sell-side firms. She has been the Chief Operating Officer of BlackRock's Risk and Quantitative Analysis (RQA) Group since 2012. Kristen reports to the firm's Chief Risk Officer (CRO) and is a member of RQA's EXCO. Her current responsibilities include ensuring RQA effectively manages market, counterparty credit, liquidity and operational risk on behalf of BlackRock and fiduciary clients. She is also responsible for RQA’s strategic technology, analytics and reporting initiatives partnering with BlackRock’s financial modeling and application development teams. Kristen has been a member of the Commodities Futures Trading Commission’s (CFTC) Market Risk Advisory Committee since 2014 and works closely with BlackRock’s Vice Chairman / Head of Government Relations on risk-related regulatory issues.
Kristen previously worked for BlackRock’s CRO when he was co-heading BlackRock Solutions and focused on developing analytics for fixed income bonds and derivatives as well as portfolio risk analytics, such as VaR and stress testing. She also worked with BlackRock’s Institutional Client Business and Sovereign Wealth clients on risk measurement for AUM managed by BlackRock.
Kristen has also held senior positions in risk management at Goldman Sachs, PIMCO and Barclays Capital. Many of her risk roles have also involved addressing regulatory issues pertaining to risk management, including managing the Federal Reserve's initial stress testing exercise for Goldman Sachs during 2009. She has also done significant work developing analytics for market, credit and liquidity risk across cash and derivatives markets.
Kristen started her career in Supervision and Regulation at the Federal Reserve Bank of Boston and holds a MBA from Babson College and an undergraduate degree in accounting from the University of Massachusetts at Amherst.
Director Model Risk Management
Davis Edwards is a professional quant – a combination of mathematician, computer programmer, and financial professional. He has worked with many of the biggest Wall-Street investment banks, commodity traders, and asset managers to improve the quality of their financial models. His 25 years of experience includes managing a trading desk, building credit risk, market risk, and deal valuation teams, and working as a model risk management consultant. He is the author of several books including Risk Management in Trading and Energy Trading & Investing. Currently, he is a director of model risk management at TIAA where he coordinates model risk management for their investment-management subsidiary, Nuveen Investments.
Managing Director, Fixed Income Strategist
Stephen Laipply, Managing Director, is the Head of U.S. iShares Fixed Income Strategy and a member of BlackRock's Systematic Fixed Income Product Strategy Team.
Mr. Laipply's team is responsible for supporting client engagement, creating thought leadership on fixed income markets and fixed income ETFs, and working to develop new fixed income ETF products and applications across both institutional and retail channels. Mr. Laipply is also a member of BlackRock's Investment Strategies and Insights team and has authored and co-authored articles on fixed income markets and investing that have been published in the Journal of Portfolio Management, the Journal of Index Investing, and the Journal of Trading. Prior to joining BlackRock in 2009, Mr. Laipply was a senior member of the Interest Rate Structuring and Strategic Solutions groups at Bank of America Merrill Lynch where he helped to develop investment and risk management solutions for institutional clients across interest rate, credit and securitized exposures.
Mr. Laipply earned a BS degree, in finance from Miami University, and an MBA in finance from the Wharton School of the University of Pennsylvania.
Managing Director of Quantitative Research and Risk Management
Frank Nielsen, CFA
Managing Director of Quantitative Research and Risk Management
Frank Nielsen is managing director of quantitative research and risk management for Strategic Advisers, Inc. (SAI), a registered investment adviser and a Fidelity Investments company. Fidelity Investments is a leading provider of investment management, retirement planning, portfolio guidance, brokerage, benefits outsourcing and other financial products and services to more than 20 million individuals, institutions and financial intermediaries.
In this role, Mr. Nielsen oversees the Quantitative Research and Risk Management team and its partnership with SAI Portfolio Management to advance asset allocation solutions for both retail and institutional clients. His team also contributes to thought leadership and research innovation initiatives.
Prior to joining Fidelity in his current role in 2012, Mr. Nielsen was an executive director and co-head of applied research at MSCI Barra from 2004 to 2012. Previously, he was vice president, head of risk management solutions at Barra from 1993 to 2003. He has been in the investments industry since 1993.
Mr. Nielsen earned his Diplom Kaufmann degree (equivalent to an MBA) from Hamburg University in Hamburg, Germany. He is also a CFA® charterholder.
Senior Risk Manager
Pietro Toscano, PhD, is Senior Risk Manager of OppenheimerFunds' Risk Management Group. In this capacity, he leads the investment risk management and fiduciary risk oversight for the Multi-Asset and Alternatives business. Dr. Toscano is the Founder and Chairman of the OppenheimerFunds Investment and Risk Institute.
Previously, he worked at BlackRock (legacy BGI), where he was Director and Lead Risk Manager for the America's Quantitative Fixed Income business (AUM ~ $37B, including the $7B flagship systematic Fixed Income Global Alpha hedge fund FIGA, and the Capital Structure Investment hedge fund CSI) as well as for the America's Fixed Income ETF and Index Investments business (AUM ~ $500B). At BlackRock, he served as a member of the BlackRock Applied Research Award Committee - a selected group of 20 top quants across the firm - and as the Global Head of Talent Management for the Risk Beta Strategies team. His expertise includes knowledge of the BlackRock's proprietary pricing and risk analytics, and risk methodologies across asset classes.
Dr. Toscano earned a BS in Electrical Engineering and a PhD in Information Engineering from University of Pisa, Italy, as well as a Master's in Financial Engineering from University of California, Berkeley. He published white papers on portfolio construction, risk methodologies, and derivatives pricing techniques in the Journal of Derivatives, in the International Journal of Theoretical and Applied Finance, and in the European Journal of Operational Research. Dr. Toscano is a Financial Risk Manager, Certified by the Global Association of Risk Professionals.
Head of Financial Risk
NEW YORK LIFE
Chief Risk Officer
MARINER INVESTMENT GROUP
Mr. Green is the Chief Risk Officer of Mariner Investment Group. Mariner is a New York-based hedge fund manager founded in 1992. Mariner and its associated advisers have approximately $11 billion in assets under management, covering single and multi-strategy hedge funds and other alternative investment products. Mr. Green serves on the Investment Committee and is involved in all aspects of the investment process, including asset allocation, portfolio construction and hedge management. Mr. Green started his career at McKinsey & Co. and earned his Ph.D. in Theoretical Physics from Yale University in 2001.
Managing Director, Risk Management
TD ASSET MANAGEMENT INC. (TDAM)
Julie Sherratt joined TD Asset Management Inc. (TDAM) in January 2001. As Head of Investment Risk, Julie has responsibility for the Manager Research, Performance Measurement and Risk teams. Manager Research has responsibility for oversight of all mutual fund sub-advisors, Separately Managed Accounts and recommended mutual funds on behalf of TD Wealth in both Canada and the US. The Risk teams are divided by asset class and are responsible for understanding the risks inherent in each portfolio and ensuring those risks align with mandate expectations. Performance Measurement is responsible for calculating, quantifying and understanding the drivers of performance for all investment portfolios. In her previous role as Vice President, TD Harbour Capital, she oversaw the client service, trading and operations for Harbour's high net worth clients. She has also held several positions with leading firms in the Canadian brokerage industry.
Julie completed her Bachelor of Arts in Economics at Simon Fraser University and is a CFA charterholder.