Eric Palley Email & Phone Number

Greater New York City Area

Head of Portfolio Construction Group & Investment Risk Management Senior leader, working across the organization to set investment procedures, ensure adherence to process, perform performance evaluation, and contribute to formulating investment strategy. Report and advise the CIO on all matters involving investment strategy, portfolio design and.

• Provide investment strategy and general investment consulting to large defined benefit pension plan sponsors, incorporating risk management and LDI concepts, and interactions with operations, financing and business.
• Oversee and deliver results of Asset Liability Modeling studies at the “C-suite” and Board of Directors levels.
• Develop and present intellectual capital.
• Expand firm’s Asset Liability Modeling capabilities to incorporate derivative hedge structures available through banks, asset managers and insurance companies.
• Provide support to clients in negotiations with the PBGC

• Marketing, structuring and product development of derivative-based hedging for defined benefit pension plans in the US and Canada.
• Met with plan sponsors, actuaries, investment consultants and the media to develop market for derivative-based hedging strategies in general and for BNP Paribas product offerings in particular
• Developed internal marketing lead-stream through the Bank’s relationship management structure
• Developed new products designed to meet needs arising from evolving technical requirements of ERISA and accounting rules (FAS/CICA/IAS), and changing capital market conditions – collaborated with fixed income and.
• Oversaw and presented Asset Liability Modeling studies

• Benefit plan financial optimization to support accounting, corporate finance and risk management goals
• Asset Liability Modeling studies and general asset consulting services for pension plans
• Wrote VBA/Excel-based Asset Liability Modeling stochastic forecasting platform
• PBGC (“Early Warning Program” and other) negotiation support, bankruptcy negotiation support
• International benefits/accounting issues

• Provided risk management and employee benefits consulting services to a variety of corporations and public entities.
• Benefits due diligence and negotiation support for merger and acquisition/spin-off/IPO transactions
• PBGC (“Early Warning Program” and other) negotiation support, bankruptcy negotiation support

• Provided actuarial support to agency negotiations and litigation with large companies in financial distress, in the process of financial restructuring or in bankruptcy.
• Actively participated in negotiations with top-level corporate and government officials, explaining actuarial concepts and calculations, proposing settlement structures and drafting definitive documentation for.
• Supervised calculations of pension plan funding level and required contributions, conducted analysis of benefit provisions and other relevant analysis to be used in financial analysis and negotiations. Analyzed.
• Assisted financial analysts in incorporating actuarial results into financial models.

M.Sc., Industrial Relations

B.A., Applied Mathematics