Damon Farley Email & Phone Number

Houston, TX, US

Houston, Texas, United States

CFGI is a unique and highly specialized financial consulting firm that is strategically positioned to help companies through a range of routine and complex business scenarios. As an extension of your corporate finance team, CFGI works alongside your internal staff, serving in a variety of roles – from technical accounting advisor to M&A support to.

Houston, Texas Area

• A Managing Director in Ernst & Young's Financial Accounting Advisory Services (FAAS) practice focused on the accounting for Derivatives, Financial Instruments and Foreign Currency. Extensive experience with interest.
• Served as a subject matter expert for 50+ audit teams on matters regarding complex financial instruments including hedge accounting, embedded derivatives, loan modifications, functional currency, net investment hedging.
• Developed and implemented hedging programs at 20+ clients covering interest rate, foreign currency and commodity risk both pre and post ASU 2017-12. Types of commodity risk included metals, natural gas, ethane, diesel.
• Led implementation of the ASC 326 credit loss standard at multiple clients:
• Speaker at 17+ external conferences and CPE sessions for clients, presenting on accounting topics including CECL, Hedge Accounting, Financial Instruments, Foreign Currency and LIBOR reform.
• Leader at EY’s internal Derivative Valuation training and Energy Derivative training sessions for 5 years.

Houston, Texas, United States

Houston, Texas, United States

• A Senior Manager in Ernst & Young's Structured Finance Advisory Services. Specialized in the analysis of arbitrage cash flow CDOs, both domestic and European, with collateral of various types including high yield.
• Supervised team of 15+ people conducting collateral verification procedures, loan due diligence, ongoing compliance testing and Excel based cash flow modeling on over 200+ transactions.
• Served as the cash flow modeling lead in the Houston office responsible for the development of cash models on 100+ transactions.
• Supported 60+ audit teams with the assessment of client valuations of various structured products including, CLOs, CDOs, ABS, trust unit preferred shares, and synthetic CDOs.

Houston, Texas, United States

Houston, Texas, United States

Specialized in the analysis of arbitrage cash flow CDOs, both domestic and European, with collateral of various types including high yield bonds, bank loans, ABS, trust unit preferred shares, and synthetics. Supervised and conducted collateral verification procedures, loan due diligence, ongoing compliance testing and cash flow modeling using internally.