Michael Kaufman

Michael Kaufman Email and Phone Number

Managing the intersection of data and risk @ Scotiabank
Michael Kaufman's Location
New York City Metropolitan Area, United States, United States
Michael Kaufman's Contact Details

Michael Kaufman personal email

Michael Kaufman phone numbers

About Michael Kaufman

Michael Kaufman is a Managing the intersection of data and risk at Scotiabank. He possess expertise in risk management, financial risk, fixed income, capital markets, market risk and 18 more skills. Colleagues describe him as "Michael is very knowledgeable about market risk reporting processes , systems and tools, as well as the regulatory requirements which drive them in large part. He is able to clearly articulate risk system architecture issues and solutions to achieve the desired target operating model." and "Michael is thoughtful, analytical, super smart, and a great person to work with. He cuts through issues, and has a strong risk and control mindset. I cannot say enough wonderful things about Michael. Any firm would be very fortunate to have him work there."

Michael Kaufman's Current Company Details
Scotiabank

Scotiabank

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Managing the intersection of data and risk
Michael Kaufman Work Experience Details
  • Scotiabank
    U.S. Chief Data Officer
    Scotiabank 2023 - Present
    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
  • Lone Oak Partners
    Partner / Founder
    Lone Oak Partners 2022 - 2023
    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
  • Bny Mellon
    Head Of Risk & Compliance Data And Reporting
    Bny Mellon 2018 - 2022
    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
  • Citi
    Head Of Market Risk Strategy
    Citi 2013 - 2018
    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
  • Citi
    Senior Risk Manager, Alternative Investments
    Citi 2006 - 2013
    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
  • Citi
    Credit Risk Tools And Analytics Strategy Head
    Citi 2004 - 2006
    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 Re Capital Management
    Head Of Risk Management, Americas
    Munich Re Capital Management 2001 - 2004
    Munich, Bavaria, De
    Head of Risk Management, Risk Technology and Quantitative Research at Munich Re's Asset Management division in North America
  • Merrill Lynch
    Head Of E-Commerce Risk Management
    Merrill Lynch 1999 - 2001
    New York, Ny, Us
    Oversaw all enterprise risk of the virtual broker/dealer including market, credit, operational and technology risk
  • Merrill Lynch
    Senior Risk Officer, Credit Risk Management
    Merrill Lynch 1992 - 1999
    New York, Ny, Us
    Managed complex transaction approval team, reviewing trades on all derivative desks. Personally reviewed and approved/rejected over 2000 deals
  • Federal Reserve Bank Of New York
    Senior Credit Analyst, Credit And Discount Department
    Federal Reserve Bank Of New York 1991 - 1992
    New York, Ny, Us
  • Federal Reserve Bank Of New York
    Economist
    Federal Reserve Bank Of New York 1989 - 1991
    New York, Ny, Us

Michael Kaufman Skills

Risk Management Financial Risk Fixed Income Capital Markets Market Risk Derivatives Alternative Investments Credit Risk Asset Managment Bonds Hedge Funds Basel Ii Banking Investment Banking Portfolio Management Equities Bloomberg Financial Services Investments Credit Analysis Structured Finance Securities Credit

Michael Kaufman Education Details

  • Columbia | Sipa
    Columbia | Sipa
    International Economics
  • Temple University
    Temple University
    Biology

Frequently Asked Questions about Michael Kaufman

What company does Michael Kaufman work for?

Michael Kaufman works for Scotiabank

What is Michael Kaufman's role at the current company?

Michael Kaufman's current role is Managing the intersection of data and risk.

What is Michael Kaufman's email address?

Michael Kaufman's email address is mi****@****lon.com

What is Michael Kaufman's direct phone number?

Michael Kaufman's direct phone number is (908)-928*****

What schools did Michael Kaufman attend?

Michael Kaufman attended Columbia | Sipa, Temple University.

What skills is Michael Kaufman known for?

Michael Kaufman has skills like Risk Management, Financial Risk, Fixed Income, Capital Markets, Market Risk, Derivatives, Alternative Investments, Credit Risk, Asset Managment, Bonds, Hedge Funds, Basel Ii.

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