Michael Kaufman Email & Phone Number

Toronto, Ontario, CA

• Manage regulatory relationship between the Capital Markets Bank and U.S. regulators including coordinating examinations and managing findings
• Represent the data office in meetings with the U.S. operating, risk and executive committees
• Implement data risk mitigation strategies across U.S. businesses, corporate functions, Risk Management, Compliance, AML/BSA, operational resilience and Technology
• Lead delivery of data controls and centralized data architecture across bank businesses and corporate functions to improve data accuracy and completeness at a reduced cost

Teaneck, NJ, US

• Partnered with business leaders to develop successful strategies for growing their businesses by building effective enterprise risk management frameworks
• Provided guidance on risk management, data governance and analytics, and business management to financial institutions and FinTechs
• Developed risk frameworks and risk tools for banks (of all sizes), credit unions, FinTechs and asset managers
• Provided risk management implementations to meet regulatory requirements

New York, NY, US

• Created a centralized Risk and Compliance Reporting team by moving separate teams into a global team of over 60 professionals
• Realized 27% reduction in costs by identifying efficiencies, improving processes and instituting rigorous KPIs to improve performance
• Implemented an Enterprise Risk reporting framework to replace manual processes
• Designed and implemented a strategic Compliance reporting system
• Developed Risk data strategy by creating a BCBS 239 compliant data environment, and achieved significant increase in on-time, accurate Risk reporting
• Expanded Risk platform use across first and second lines of defense. Grew users by 75%, with annual report use of over 300k per year

New York, New York, US

• Brought market risk systems into regulatory compliance. Implemented FRTB, CCAR, Resolution Planning and other regulations into VAR and IRE models
• Integrated trading risk and accrual risk processes with Risk systems.
• Aligned data and analytics of Risk and Finance systems. Designed and implemented reconciliation process between Risk and Finance data sets.
• Developed model risk management system

New York, New York, US

• Managed risk of Citi hedge funds. Partnered with portfolio managers to manage fund strategy and market and liquidity risks
• Managed risk across asset classes (rates, credit, MBS/ABS, FX, equities) and strategies (delta1 and options). Implemented risk limits and oversight to help maintain stable asset value for funds with $100B AUM
• Created tools to manage fund risk. Established tools and systems to calculate and provide the ongoing reporting of the alternative investments’ Basel, internal risk capital and CCAR results

New York, New York, US

Managed 11-person team responsible for designing and implementing tools to reduce credit losses, provide risk early warning alerts and portfolio stress testing

Munich, Bavaria, DE

Head of Risk Management, Risk Technology and Quantitative Research at Munich Re's Asset Management division in North America

New York, NY, US

Oversaw all enterprise risk of the virtual broker/dealer including market, credit, operational and technology risk

New York, NY, US

Managed complex transaction approval team, reviewing trades on all derivative desks. Personally reviewed and approved/rejected over 2000 deals

New York, NY, US

New York, NY, US

Master'S Degree, International Economics

Ba, Biology