Manager Management
Resume:
Randy Chapman
Jersey City NJ *****
*******.*****@*****.***
PROFILE
Seasoned financial professional with deep understanding of risk management, portfolio management, risk governance, multiple assets classes, and capital markets. Well-developed relationship building skills and comfortability facing C-level executives, front-office, and regulators. Demonstrated leadership skills and experience managing cross-functional teams. Ability to think on my feet and strive in face paced environments. Strong commitment to financial markets and banking organizations.
AREAS OF EXPERTISE
Risk Management: Market Risk, Risk Governance, VaR, SVaR, Stress Tests.
Asset Classes: Rate Products, Interest Rate Derivatives, Repo, MBS, ABS, CDOs.
Systems: Bloomberg, ION/MMI, K2, Yield Book, Intex, Trepp,
Computers: Excel, VBA, Access, SQL, Tableau, Qlickview
WORK EXPERIENCE
Scotiabank, New York, NY 11/15 – Present
Senior Risk Manager Trade Floor Risk Management
Market Risk Manager for the USD Rates, STIRT, CMF/Repo, and 3bn USD HQLA Liquidity portfolio consisting of Treasuries and MBS securities.
Monitored capital markets to identify market, macroeconomic, and geopolitical risks and worked closely with desk to mitigate emerging issues
Designed and developed risk reports in Excel and Tableau that monitored the VaR, SVaR, Greeks, DV01, and CS01 for all US operations against limits, and distributed reports to senior management and traders.
Actively involved in risk limit setting on an annual basis and responsible for approving temporary limit increases on an as needed basis.
Created C-level and regulatory presentations for a series of management boards that highlighted the risk for various desks. Highlighted and provided written commentary explaining any material changes in risk and PnL.
Developed stress testing scenarios in conjunction with Economic Capital Analysis, Financial Engineering, and Stress Testing.
Establish model governance framework in accordance with SR 11-7 and performed model validation for Interest Rate Swaps, and CMF/Repo.
ING Financial Markets LLC, New York, NY 11/12 – 11/15
Market Risk Manager
Market Risk Manager for the Global Investment Strategies Portfolio comprised of private label RMBS, Agency-Backed RMBS and interest rate swap hedges.
Calculated the daily Value at Risk, CS01s, and IR01s and analyzed what factors were driving the change, generated and distributed reports to portfolio management and senior management.
Updated all risk metrics for maintenance of the portfolio: WALs, OAS, effective durations, portfolio duration, MBS sensitivities, correlations, and credit spreads.
Conducted quarterly impairment analysis on a portfolio of Subprime and Alt-a securities. Analysis consisted of generating quarter-over quarter changes in delinquencies, CDRs, remaining credit enhancement utilizing Intex and Bloomberg. Actual recommendations for impairment were made by Portfolio Management but approved by Risk.
Bank of America Merrill Lynch, New York, NY 02/09 – 08/12
Risk Analyst – Market Risk Management - Contractor
Provided data quality support and risk analytics for Issuer, CVA and Mortgage Market Risk Management.
Responsible for generating daily risk reports, researched and resolved data quality issues, and provided explanations for changes in VaR calculation for securitized products, structured credit, and ABS.
In conjunction with IT, trading, and risk management, developed a number of automated-reports to identify data quality issues concerning mortgage, ABS and credit positions.
Performed monthly position level reconciliation process between risk and finance sub-ledger to ensure risk and middle office contained all books, positions, and correct notionals, market values/MTMs, DV01s, and CS01s.
MBIA, Armonk, NY 09/07 - 03/08
AVP Portfolio Monitoring and Credit Risk Management
Held portfolio monitoring responsibilities for a portfolio of monoline-wrapped esoteric securitized assets: predominantly Latin American commodity-backed and diversified payment right future flow receivables, financial market transactions, and small business/franchise loans.
Modeled new and existing issue esoteric structured products and stress tested loss assumptions to determine if appropriate in current market environment.
Monitored collateral performance of securitizations, spoke with rating agencies and issuers regarding concerns with deteriorating credit quality of assets and possible structure modifications to prevent early amortization.
Credit Suisse, New York, NY 12/04 - 09/07
AVP Risk Analyst
Prepared daily, monthly, and quarterly reports detailing Basel credit and market risk-weighted assets, researched and provided written commentary for significant variances.
In collaboration with Treasury, Economic Risk Capital, and Market Risk, produced executive level reports containing risk-weighted assets, regulatory capital, market risk, and economic risk capital for quarterly Treasury and Risk Review meetings.
Served as subject matter expert and front office liaison for structured products. Provided advice to structure teams on appropriate capital charge calculation for structured products, and regulatory capital impact of securitizations.
Dresdner RCM Global Investors, San Francisco, CA 09/99 - 12/01
Fixed Income Portfolio Research Assistant
Executed mortgage dollar roll trading strategy, based decision on hold-versus-roll scenario analysis
considering price differential between current and forward months, prepayment speed expectations, and money market yields.
Utilized Principal Component Analysis to determine drivers of performance attribution. Analyzed duration overweight/underweight, yield level changes, spread changes, and roll down.
Monitored performance of underlying collateral to determine credit quality deterioration and made risk assessment based on internal and external credit enhancements.
Assisted portfolio manager in analyzing agency mortgage coupon curve, OAS, Cashflow assumptions, and prepayment speeds to develop coupon and maturity relative value return expectations.
Sized, allocated, and executed MBS and ABS trades for contributions, withdrawals, and account rebalancing; sized and allocated larger shifts in MBS portfolio strategy.
Franklin Templeton, San Mateo, CA 09/97 - 09/99
Management Training Program
Completed management training rotational program consisting of 4-month rotations in Mutual Fund Accounting, Fixed Income Trading, Legal Compliance, Public Relations, and Retirement Plan Services.
EDUCATION
University of Rochester - Rochester, NY
Master of Business Administration - Concentration in Finance, 2004
University of California, Berkeley - Berkeley, CA
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