David Kogan

David Kogan Email and Phone Number

Credit Risk Officer @ Fortitude Re
New York, NY, US
David Kogan's Location
New York City Metropolitan Area, United States
David Kogan's Contact Details

David Kogan personal email

n/a
About David Kogan

As a seasoned risk executive and dynamic leader, I have a history of success building vibrant credit risk teams from the ground up to optimize performance in Insurance, Investments, and Banking organizations.Throughout my career I have designed and built risk management operating models and risk management teams that outperformed competitors for portfolios up to $400B at AIG, Credit Suisse, JPMorgan. As an expert in credit risk, I design and implement bespoke risk management business models that fit the unique needs of each company, especially rapidly growing or complex well-established financial institutions. That involves assessing financial risk across broad markets and products while separating vital insights from background noise.After building a new credit risk framework and team at AIG Investments from the ground up in 2011, I was promoted to the most senior credit risk role, managing $400B in risk across a complex portfolio for one of the largest financial institutions in the world. My expanded responsibilities included the insurance side of AIG’s business. Later I was recruited internally for chief risk officer of investments when AIG spun off its $200B life insurance line of business to form Corebridge Financial. Attaining buy-in and building consensus in complex matrixed organizations is one of my strengths. My reputation as a loyal, insightful, trusted, exacting leader and influential business partner with exceptional technical skills who gets things done is well deserved. Strengths: Organizational Transformation – Strategic Leadership – Credit Risk Management – Investment Risk Management – Enterprise Risk – Operational Risk – Risk Frameworks – Risk Mitigation and Hedging – Credit Limits, Policies and Governance Credit Underwriting – Counterparty Risk – Credit Risk Ratings – Financial Analysis – Risk Measurement – Risk Analytics – Quantitative Models – Economic Capital – Stress Testing – Regulatory Frameworks – Fixed Income – Structured Products – Private Placements – Commercial and Residential Real Estate – Alternatives and Equities – Derivatives – Insurance Credit Products – Recruiting, Leading, Coaching & Mentoring High-Performing Teams -------Focus: Credit Risk & Investment Risk Executive | MBA | Strategic Leadership | Organizational Transformation | Risk Framework, Management, Mitigation | Qualitative Models | Counterparty and Portfolio Risk | Credit Analysis | Hedging Strategies | Recruiting | Collaboration

David Kogan's Current Company Details
Fortitude Re

Fortitude Re

View
Credit Risk Officer
New York, NY, US
Website:
fortitude-re.com
Employees:
540
David Kogan Work Experience Details
  • Fortitude Re
    Credit Risk Officer
    Fortitude Re
    New York, Ny, Us
  • Marshall Lane Risk Management Consulting
    Risk Management Consultant
    Marshall Lane Risk Management Consulting Jul 2023 - Present
    New York City Metropolitan Area
    Founded a credit risk consulting firm to design and implement bespoke risk management business models to fit the unique needs of each client, with focus on growing or complex financial institutions. ➤ Assess drivers of financial risk across markets and products while separating actionable insights from background noise.➤ Leverage risk management expertise combined with leadership and analytical skills to advise senior executives on risk positioning and improving risk culture in the context of business objectives and risk appetite.Strengths: Organizational Transformation – Strategic Leadership – Credit Risk Management – Investment Risk – Management – Enterprise Risk – Operational Risk – Risk Frameworks – Risk Mitigation and Hedging – Credit Limits, Policies and Governance Credit Underwriting – Counterparty Risk – Credit Risk Ratings – Financial Analysis – Risk Measurement – Risk Analytics – Quantitative Models – Economic Capital – Stress Testing – Regulatory Frameworks – Fixed Income – Structured Products – Private Placements –Commercial and Residential Real Estate – Alternatives and Equities – Derivatives – Insurance Credit Products – Recruiting, Leading, Coaching & Mentoring High-Performing Teams
  • Aig
    Chief Credit Officer – Aig (2016-2022) | Investments Chief Risk Officer – Corebridge (2022-2023)
    Aig 2016 - Oct 2023
    New York City Metropolitan Area
    Promoted to the most senior credit risk role within AIG, managing $400B in risk across a complex portfolio of assets and insurance liabilities for one of the largest financial institutions in the world. Expanded responsibilities to include the insurance side of AIG’s credit business. Later recruited internally for chief risk officer of investments when AIG spun off its $200B life insurance line of business to form Corebridge. Championed people and diversity initiatives as co-chair of ERM Diversity committee. Managed a 45-member risk management team with 7 direct reports.➤ Repositioned diverse credit insurance businesses representing $100B of credit risk to ensure their risk management capabilities were fit for purpose. Wound down several businesses with unfavorable business profiles.➤ Transformed the trade credit business line to generate growth – partnering with top executives and business managers to influence additional investments in people and technology to improve risk framework. ➤ Dramatically reduced the company’s long-tail risks in both Commercial and Life insurance businesses by leading ERM involvement in two transformative reinsurance transactions. ➤ Protected balance sheet from economic loss by leading a comprehensive assessment of credit portfolio risks and subsequent mitigation actions caused by COVID-19 induced global economic and market shocks. ➤ As Investments CRO, led oversight of an industry-first initiative to outsource a majority of the Corebridge investment function for a $200B balance sheet to third party asset managers.➤ Led end-to-end ERM workstream for Blackrock Solutions Aladdin platform implementation, transforming investments, finance, and risk proprietary technology infrastructure.Strengths: Organizational Transformation – Strategic Leadership – Credit Risk Management – Enterprise Risk – Operational Risk – Risk Frameworks – Risk Mitigation and Hedging – Counterparty Risk – Credit Risk Ratings – Financial Analysis
  • Aig
    Investments Chief Credit Officer – Aig
    Aig 2011 - 2016
    New York City Metropolitan Area
    Recruited to transform the credit risk management function at AIG Investments in the wake of the global financial crisis. Leveraged expertise as a bridge between senior executives, technology, quantitative analysts and the risk management team. Attained buy-in from diverse executives to achieve results. Recruited and led a global 15-member team with 4 direct reports.➤ Defined and built a new credit risk management approach, team and framework for a $300B multi-asset class portfolio from the ground up reflecting risk management priorities and operating environment in a post-financial crisis environment.➤ Created innovative new quantitative tools and risk technology platforms essential to the success of AIG’s business model – translated market data into actionable insights to optimize credit risk.➤ Prepared AIG Investments for the complex regulatory requirements associated with Fed supervision as a newly designated SIFI (Systemically Important Financial Institution)Strengths: Organizational Transformation – Strategic Leadership – Credit Risk Management – Investment Risk – Management – Enterprise Risk – Operational Risk – Risk Frameworks – Risk Mitigation and Hedging – Credit Limits, Policies and Governance Credit Underwriting – Counterparty Risk – Credit Risk Ratings – Financial Analysis – Risk Measurement – Risk Analytics – Quantitative Models – Economic Capital – Stress Testing – Regulatory Frameworks – Fixed Income – Structured Products – Private Placements –Commercial and Residential Real Estate – Alternatives and Equities – Derivatives – Insurance Credit Products – Recruiting, Leading, Coaching & Mentoring High-Performing Teams
  • Credit Suisse
    Global Head Of Loan Portfolio Management
    Credit Suisse Jul 2001 - Oct 2009
    New York City Metropolitan Area
    Recruited based on success at JPMorgan to transform the bank’s corporate lending business by creating transparent economic metrics, modernized infrastructure, and active risk management, which resulted in improved governance and consistent profitability. Attained buy-in from diverse senior executives in an environment with high competition for business resources. Managed an international team of 40 with 5 direct reports. ➤ Reengineered the $60B business via robust risk management, making the company more relevant, competitive and profitable. ➤ Outperformed competitors by launching a new market-based approach to evaluating the profitability, risk and capital of the lending business including changes in underwriting and risk management.------Additional experience in risk management with JPMorgan and Standard & Poor’s (S&P).

David Kogan Skills

Credit Risk Risk Management Portfolio Management Capital Markets Loans Credit Financial Risk Hedge Funds Fixed Income

David Kogan Education Details

Frequently Asked Questions about David Kogan

What company does David Kogan work for?

David Kogan works for Fortitude Re

What is David Kogan's role at the current company?

David Kogan's current role is Credit Risk Officer.

What is David Kogan's email address?

David Kogan's email address is da****@****aig.com

What schools did David Kogan attend?

David Kogan attended Pace University - Lubin School Of Business, Binghamton University.

What skills is David Kogan known for?

David Kogan has skills like Credit Risk, Risk Management, Portfolio Management, Capital Markets, Loans, Credit, Financial Risk, Hedge Funds, Fixed Income.

Who are David Kogan's colleagues?

David Kogan's colleagues are Jane Tutoki, Melissa Dandaneau, Jordan Johnson, Maggie Lin, Luke Cechura, Fcas, Katie Botkin, Mba, Shrm-Cp, Christopher Bergen.

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