Michael Ratner Email and Phone Number
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A results-oriented Senior Transformation Leader with over 25 years of experience in the financial markets working with top-tier firms, developing and executing global strategic business and technology initiatives across their entire lifecycle within budget and timelines. Focused on defining clear and measurable business outcomes, developing a change strategy, prioritizing investments for maximum value and managing execution and delivery for rapid results.• Strong record of achievement in delivery of business strategy and process optimization, technology systems development and integration, risk & regulatory compliance initiatives• Demonstrated experience in quickly standing up governance structures, performance metrics, and communication feedback mechanisms ensuring that business goals and requirements are translated into cost-effective, industry-leading business and technology solutions• Deep domain knowledge of derivatives and risk management, as well as best practices in business analysis, testing, and project/program management• Responsible for global roadmap programs ranging from 5-20 million dollars of capital investment and high-performing cross-functional teams comprising up to 200 professionals• Strength in building close relationships with key business and technology stakeholders at all levels of the organization• Excellent communication and presentation skillsProject Management | Change Management | Market Risk | Credit Risk | Derivatives | Trading Systems | CCAR | Regulatory | FRTB | Basel
Bank Of America
View- Website:
- bankofamerica.com
- Employees:
- 232061
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Bank Of AmericaNew York, Ny, Us -
Program DirectorMizuho Oct 2023 - PresentTokyo, Japan, JpImagineers Group / Program Director, Americas Program Management Office -
Program DirectorBny Mellon Feb 2020 - Jun 2023New York, Ny, UsPrideOne / Program Director, Risk and Compliance Transformation StrategyManaged the Risk & Compliance workstream of the enterprise LIBOR Transition Program. Coordinated models’ remediation, validation, and IT implementation (in multiple vendor systems) for 100+ affected models across all lines of business. Administered program governance and budget, managed RFPs, navigated the program through audits, prepared communications for the regulators. Constructed a Dashboard with success metrics, published to senior business stakeholders. -
Program ManagerBgc Partners May 2019 - Feb 2020Managed the NextGen initiative, focused on increasing electronic trading revenue through streamlining and automation of trading and operations. -
Program ManagerBank Of America Apr 2018 - Feb 2019Charlotte, Nc, UsAs a senior member of Program PMO, worked with workstream project managers on moving the legacy risk and finance data warehouse to a new IT data platform. -
Program DirectorCredit Suisse May 2017 - Feb 2018Zurich, ChRatnerMI Corporation / Director-level Consultant, IHC Delivery Management • As a Program Director, managed all aspects of delivery for the CCAR Market Risk Workstream. Directly supervised a team of project managers and business analysts. Set up program governance, including a Steering Committee with senior business stakeholders. Oversaw successful delivery of the 2017 book of work, implementing CCAR Market Risk – related process, control, methodology and data enhancements across the IHC. Planned and managed the program budget. -
Senior Program MgrBarclays Investment Bank Jun 2015 - May 2017New York, Ny, UsRatnerMI Corporation / Director-level Consultant, Strategic and Regulatory Change • Worked on a strategic regulatory Program facilitating Trading Book Management and Control.• As a Program Manager for Strategic and Regulatory Change, working with senior executives (e.g. US COO, US Chief Risk Officer, US Head of Treasury, US Head of CCAR) and functions across the bank, put together the program budget, team and governance for creating the HedgeCo derivatives entity in the US, driven by creation of the IHC under Dodd-Frank. Initiated program execution (put on hold because of a change in regulatory landscape). -
Svp / Director, Program Management, Risk ItBank Of America May 2011 - Jun 2015Program-managed the portfolio of Market Risk Technology projects in the Analytics & Reporting space.Headed up the PMO for Market Risk Technology, overseeing budgeting, planning, and program management reporting for the entire Market Risk Tech portfolio of projectsAs a senior program manager in Risk Technology, was responsible for execution of large cross-functional initiatives such as the Basel 2.5 implementation across Front Office, Risk, and Enterprise Capital Mgmt systems.
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Director, Chief Risk Office / ItUbs Investment Bank Aug 2006 - May 2011Zurich, ChAs a senior development and program manager for Enterprise Risk, was responsible for building Risk Analytics and Reporting applications used by Market Risk Officers and Risk Quants. Managed large cross-functional initiatives, such as the new Market Risk Stress Framework, which helps increase accuracy of risk calculations for structured products and other complex derivatives in FX, Fixed Income and Equities. Managed a group of developers and business analysts.Negotiated vendor license and consulting contracts. Conducted project budgeting and cost/benefit assessments.Worked on enhancing and re-engineering major components of the FX Options trading systems' infrastructure. -
Senior Manager, Risk Management Consulting PracticeKanbay (Now Cap Gemini) Jan 2006 - Jul 2006Managed market risk-related engagements with major Capital Markets clients.
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Senior Consultant, Interest Rate Derivatives And Risk SystemsCredit Lyonnais Jun 2002 - Dec 2005Villejuif, Île-De-France, FrWas responsible for pricing, risk and P&L - related systems enhancements for the Interest Rate Derivatives trading business. Managed the migration of the Interest Rate Options desk from Infinity to Summit. Participated in merging Interest Rate Derivatives and FX trading activity of Credit Agricole NY with Credit Lyonnais NY. Managed implementation of a Credit Risk feed for NY Treasury products into the centralized bank database. -
Vice President, Equity Swaps ItMorgan Stanley Jul 2000 - Jan 2002New York, Ny, UsAs a manager of a team of software developers and analysts, was responsible for support and development of systems used by the Equity Swaps trading desk, including straight-through trades' processing: from pre-trade checks and trade booking to intra-day risk monitoring tools to end-of-day risk and P&L signoff. Integrated a previously standalone risk system for Equity Swaps (Summit) into the Equity Division's main risk system, allowing traders to view their total consolidated book risk intraday. -
Special Consultant To Global Head Of Trading Risk ManagementIng Barings Aug 1996 - Jul 2000Worked closely with Risk Managers and Quantitative Analysts on design and development of new market risk analyses.Served as bank's technical project manager on Monte Carlo Simulation based VAR implementation done by Summit Systems. Designed and managed implementation of data feeds from various trading systems into the Summit database used for global market risk management reporting.Extended coverage of Front Office systems to include new Fixed Income instruments, as well as pricing model enhancements.
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Development Manager, Risk Management AnalyticsSummit Systems Jan 1995 - Jul 1996UsWas responsible for design, development and technical support of all Market and Credit Risk Management products within the Summit system ( across all supported Fixed Income, FX and Derivatives instruments ) including: hedging, sensitivity analyses, Value-At-Risk ( analytic, scenario-based, and historical simulation solutions ), credit risk, limits management, and various others. Managed a team of developers.Engineered and supervised development of a global Trading Risk Management System for a major international investment bank. The system, delivered on time and within budget, provides a complete Market Risk management solution for bank's Interest Rate Derivatives and Emerging Markets trading desks worldwide. The system incorporates Value At Risk modules, plus position and VAR limits maintenance facilities. -
Product Developer, Financial ToolkitSummit Systems Nov 1993 - Dec 1994UsIntegrated portfolio risk components breakdown analysis, curve generation and pricing functions into a single processing engine. Implemented a cross-sensitivity analysis application allowing to run customized stress tests on several portfolio risk components simultaneously. Developed a market-induced Credit Risk module which analyzed credit exposure by simulating impact of market evolution during the life of a portfolio. -
Programmer/AnalystAns, Inc May 1992 - Nov 1993Developed and supported a network usage reporting system for this major international Internet service provider.
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Computer OperatorVolt Delta Resources 1989 - 1990
Michael Ratner Skills
Michael Ratner Education Details
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Columbia UniversityComputer Science -
239
Frequently Asked Questions about Michael Ratner
What company does Michael Ratner work for?
Michael Ratner works for Bank Of America
What is Michael Ratner's role at the current company?
Michael Ratner's current role is Program Director at Mizuho.
What is Michael Ratner's email address?
Michael Ratner's email address is mm****@****ine.net
What schools did Michael Ratner attend?
Michael Ratner attended Columbia University, 239.
What skills is Michael Ratner known for?
Michael Ratner has skills like Derivatives, Market Risk, Trading Systems, Fixed Income, Risk Management, Capital Markets, Fx Options, Equities, Financial Risk, Management, Options, Interest Rate Derivatives.
Who are Michael Ratner's colleagues?
Michael Ratner's colleagues are Jesus V. Lozania Galaz, Harry Arroyo, Karthi Keyan, Rashed Jaafar, Ashwin S C, David Michalski, Latoyaka Merritt.
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