RUSSELL E. LONG
* ******** ***** ****: 201-***-****
Old Tappan, New Jersey 07675 Mobile: 201-***-****
*******.****@*****.***
SUMMARY
Senior Financial Services Executive with significant credit market,
focusing on credit performance and oversight, securitization, portfolio
risk analysis, and credit standards compliance and reporting. North
American Chief Credit officer at Standard & Poor's, designing and
implementing rating criteria methodology and tracking systems, and
interacting with regulatory bodies, as well as manager of mutual fund and
pension fund analysis in U.S., Latin America, and Europe.
AREAS OF EXPERTISE
. Portfolio Risk Analysis . Credit Research/Compliance .
Counterparty Risk Analysis
. Credit Risk Mitigation . Portfolio Management Assessment .
Rule 2a-7
. Structured Finance . Latin American Markets .
Client Relations
PROFESSIONAL EXPERIENCE
STANDARD & POOR'S, New York, NY 1987 - 2008
Managing Director, Ratings Services (2005 - 2008)
Primary rating analyst for 50+ Collateralized Debt Obligations backed by
corporate loans (broadly syndicated and middle market) and mortgage and
asset backed securities. Rated approximately 30 RMBS transactions. Rating
Committee Chair. Managed research staff of seven analysts.
. Conducted capital structure analysis on transactions
. Analyzed projections of defaults and losses
. Reviewed trust indentures and other pertinent legal documents and
negotiated with underwriters and deal counsel
. Met with collateral managers to review investment philosophies and
policies and procedures
North America Chief Credit Officer (2000 - 2005)
Member of Ratings Policy Board and Senior Analytical Committee for all of
Rating Services.
. Implemented Ratings Criteria consistency procedures throughout the
different analytical disciplines including financial institutions, public
finance, corporate finance, and structured finance
. Reviewed new analytical methodology and changes to existing methodology
. Project manager for Analytical Resource Center (database of analytics)
and SCSR (management reporting system) and developed and taught training
programs for each
. Directed annual Quantitative Models Symposium bringing together the best
quantitative analytics throughout the firm
. Established Academic Council and spearheaded academic outreach program to
independent academic research on credit issues
Director/Managing Director, Fund Ratings Group (1992 - 1999)
Manager of Money Market Fund Ratings in US and Europe, managing staff of 15
based in New York, London and Paris. Established and managed Latin America
fund ratings (1995 - 1999). Managed staff in Mexico City, Sao Paulo, and
Buenos Aires.
. Established first mutual fund ratings in Mexico and Brazil
. Developed methodology for assigning ratings to Mexican private pension
funds
. Supervised integration of fund rating activities after acquisition of
Risk Analysis in Argentina
. Supervised integration after acquisition of Fund Research (UK mutual fund
analytic service)
. Served as Rating Committee Chair for mutual fund ratings
. Headed criteria committee for money market funds
. Developed criteria for rating local government investment pools
Assistant Vice President/Vice President, Fund Ratings Group (1989 - 1992)
. Founding member of S&P Fund Ratings Group
. Lead analyst on over 100 bond and money market funds
. Developed criteria for fund ratings and made enhancements to existing
criteria
Rating Specialist/Rating Officer, Structured Finance (1987 - 1989)
. Lead analyst for state housing revenue bonds and collateralized letters
of credit transactions issued by savings and loans
OTHER
Mentor in McGraw-Hill Mentoring Program
Founding member Standard & Poor's Customer Service Council
GOLDMAN SACHS & CO., New York, NY 1984 - 1986
Purchase and Sales Department (1984-1985)
Control Department (1986)
DEAN WITTER REYNOLDS INC., New York, NY 1981 - 1984
Purchase and Sales Department (1981 - 1983)
Customer Service Department (1983 - 1984)
EDUCATION/PROFESSIONAL DEVELOPMENT
MBA, Finance, New York University Stern School of Business, New York, NY,
1987
B.A., Summa cum Laude, Criminal Justice, Minor in Economics,
Long Island University, C.W. Post Center, 1981
University of Virginia, Darden School of Business
Executive Development Program customized for Standard & Poor's, 1996
Executive Education Program in Power and Leadership, 2002
BOARDS OF DIRECTORS
Financial Management Association, 2006 - 2008
Northern Valley Soccer Club (Treasurer), 2007 - Present