Adam Ashcraft

Adam Ashcraft Email and Phone Number

Managing Director - Head of Financial Risk Analytics, Enterprise Financial Risk, Global Risk Management @ Bank of America
About Adam Ashcraft

Thought leadership in finance/banking-PhD in Economics (Macroeconomics and Econometrics), Massachusetts Institute of Technology (MIT)-Authored, presented, and published extensive, respected research in top academic and policy journals-Extensive public speaking and teaching on the financial crisis, shadow banking, risk management, and regulationExpertise and experience in risk management-Experience in prior position responsible for all credit risk management at FRBNY-Significant involvement and influence in FRBNY and Federal Reserve System Risk Governance-Publication of widely-read and highly-cited academic work on risk issuesTrack record of execution-During the financial crisis, deployed onto the front lines when the stakes were highest-Significant role in design, execution, and risk management of Bank’s crisis response-Significant contributions to System’s post-crisis regulatory policy, financial stability, and risk management initiativesManagement experience-Built critical risk management and control group from scratch for the Bank in the depth of the financial crisis-Accountable for execution of staff with broad range of skills and experience to identify, measure, mitigate, and report on Bank credit risk-Track record of successfully coaching and developing staff

Adam Ashcraft's Current Company Details
Bank of America

Bank Of America

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Managing Director - Head of Financial Risk Analytics, Enterprise Financial Risk, Global Risk Management
Adam Ashcraft Work Experience Details
  • Bank Of America
    Head Of Financial Risk Analytics, Enterprise Financial Risk
    Bank Of America Jun 2023 - Present
    Charlotte, Nc, Us
    The Financial Risk Analytics Team is part of the the Enterprise Financial Risk Group in Global Risk Management, and is responsible for risk reporting and analytics to support the Enterprise Risk Program focused on horizontal risks around liquidity, interest rate risk, and capital, as well as the vertical risk of Chief Financial Officer group
  • Bank Of America
    Head Of Enterprise Scenario Generation, Global Risk Analytics
    Bank Of America May 2020 - Jun 2023
    Charlotte, Nc, Us
  • Bank Of America
    Head Of Alternative Modelling Group - Wholesale Credit, Global Risk Analytics
    Bank Of America Sep 2018 - May 2020
    Charlotte, Nc, Us
    Head of Alternative Modeling Group for Wholesale Credit
  • Federal Reserve System
    Co-Chair Of Liscc Liquidity Program
    Federal Reserve System Jan 2016 - Aug 2018
    Washington, Dc, Us
    Responsible for executive oversight of all planning, execution, vetting, and messaging related to supervisory activities around liquidity position and risk management of LISCC firms through the Liquidity Program. Member of System LISCC Operating Committee, responsible for executive oversight of all supervisory activities around Liquidity, Capital, Recovery and Resolution, and Governance and Controls of LISCC firms. Department Head at FRBNY for all examiners and leadership part of the LISCC Liquidity Program.
  • Federal Reserve Bank Of New York
    Head Of Credit Risk Management, Risk Group
    Federal Reserve Bank Of New York Nov 2012 - Jan 2016
    New York, Ny, Us
    Responsible for management and oversight of team of 35 staff which monitors, measures, mitigates, and reports on all credit risk faced by the Bank. Scope of responsibility includes credit exposure to all Bank counterparties, including large complex banking organizations, primary dealers, foreign banking organizations, financial market utilities, regional and community banks, credit unions, and vendors. Types of credit exposure include intraday and overnight credit, replacement risk from unsettled transactions, and the credit and replacement risk of vendor contracts.Represents the Bank on System Risk Management Committees.
  • Federal Reserve Bank Of New York
    Head Of Structured Product, Risk Group
    Federal Reserve Bank Of New York Jun 2009 - Nov 2012
    New York, Ny, Us
    Responsible for risk oversight of 13-3 lending facilities, and financial risk reporting for the Bank.Led team of six senior staff, each with at least 20 years of experience in credit, charged with the timely and accurate measurement of the credit risk of actual and potential exposure of collateral. Team built data, infrastructure, and analytics in order to measure credit risk of securities collateral independent of the credit rating agency views. Actively involved in regulatory issues focused on securitization reform, including but not limited to risk retention, trust governance, and loan underwriting.
  • Federal Reserve Bank Of New York
    Research Economist, Research And Statistics Group
    Federal Reserve Bank Of New York Jun 2001 - Jun 2009
    New York, Ny, Us
    Academic research focused on the macro importance of financial intermediaries, including the role of banks in the transmission mechanism of monetary policy and the macro impact of bank failures on economic activity. Most recent work focused on the incentive problems inherent in securitization, as well as an overview of the shadow banking system.
  • University Of Chicago Booth School Of Business
    Visiting Professor
    University Of Chicago Booth School Of Business Sep 2002 - Aug 2003
    Chicago, Illinois, Us
    Taught MBA courses in Macroeconomics and Money & Banking
  • New York University Stern School Of Business
    Adjunct Professor
    New York University Stern School Of Business Jun 2002 - Aug 2002
    New York, Ny, Us
    Taught MBA course in Firms and Markets

Adam Ashcraft Skills

Credit Risk Risk Management Financial Risk Banking Financial Institutions Economics Finance Econometrics Credit Fixed Income Public Speaking Statistical Programming Securities Investment Banking Macroeconomics Structured Products Monetary Policy Derivatives Capital Markets Published Author Trading Loans Financial Modeling Securitization Management Financial Analysis Structured Finance Valuation Corporate Finance Investments Financial Markets Analysis

Adam Ashcraft Education Details

  • Massachusetts Institute Of Technology
    Massachusetts Institute Of Technology
    Economics
  • Miami University
    Miami University
    Mathematics & Statistics
  • Jackson High School
    Jackson High School
    College Prep

Frequently Asked Questions about Adam Ashcraft

What company does Adam Ashcraft work for?

Adam Ashcraft works for Bank Of America

What is Adam Ashcraft's role at the current company?

Adam Ashcraft's current role is Managing Director - Head of Financial Risk Analytics, Enterprise Financial Risk, Global Risk Management.

What is Adam Ashcraft's email address?

Adam Ashcraft's email address is ad****@****ail.com

What is Adam Ashcraft's direct phone number?

Adam Ashcraft's direct phone number is +197330*****

What schools did Adam Ashcraft attend?

Adam Ashcraft attended Massachusetts Institute Of Technology, Miami University, Jackson High School.

What are some of Adam Ashcraft's interests?

Adam Ashcraft has interest in Children, Education, Science And Technology, Animal Welfare, Health.

What skills is Adam Ashcraft known for?

Adam Ashcraft has skills like Credit Risk, Risk Management, Financial Risk, Banking, Financial Institutions, Economics, Finance, Econometrics, Credit, Fixed Income, Public Speaking, Statistical Programming.

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