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Risk Management


​​​​​​U.S. Department of the Treasury 2012-Present
Office of the Comptroller of the Currency
Bank Examiner – Large Bank Division
Commercial Credit Team member overseeing various portfolios of a mega-bank. Such portfolios are Asset Based Lending, Asset Managers, Telecommunications, Media, and Technology, Hedge Funds, Structured Credit, Specialized Finance, Municipal Finance, among others. Lead and co-lead examiner of projects and portfolios and participate in exams at other banks. Work on projects with other regulators, such as the Federal Reserve Bank and Federal Depository Insurance Corporation. Assigned to the college recruiting team for the agency and mentor and train fellow examiners

Molloy College, Rockville Centre, NY 2013-Present
Adjunct Instructor of Corporate Finance

Queens College, City University of New York, Flushing, NY 2012-Present
Adjunct Lecturer of Corporate Finance
Instruct and mentor students on the basics and functions of Corporate Finance, including raising capital,
financial markets, and the deployment of capital. Students are instructed on understanding and calculating time value of money, bond prices and yields, stock valuations, discounting a series of cash flows, annuities and perpetuities, and analyze capital projects.

MJX Asset Management, LLC, New York, NY 2007-2012
Managing Director/Portfolio Manager
Responsible for investing in broadly syndicated leveraged loans and high yield bonds through
Collateralized Loan Obligation (“CLO”) vehicles with total assets under management in excess of $4.4
billion. Managed and optimized the portfolio through regular credit monitoring, relative value arbitrage,
and trading.
Presented and recommended investments in leveraged transactions in the primary market as well
             as identified secondary purchases/sales and trading opportunities based on credit fundamentals     and relative value arbitrage.
Prepared and presented quarterly industry reviews with extensive credit emphasis on individual
assets in the following industries: Aerospace & Defense, Consumer, Containers, Food &
Beverage, General Corporate, Healthcare, and Oil & Gas.
Responsible for determining recovery values in distressed situations and comparing such values
with market levels with a goal to maximize recoveries.

Societe Generale/SG Cowen Securities Corporation, New York, NY 1983-2007
Director, Global Credit Portfolio Management 1998- 2007
Key player in the structuring, start-up, and management of the infrastructure of Societe Generale’s CLO
business. Managed ten global portfolios of $11 billion for the Americas division of SG covering the US
and Latin America using domestic and overseas credit derivatives swap portfolios, asset sales, and first-to default credit default swap portfolios to optimize credit, concentrations, and economic and regulatory
capital.
Responsible for identifying profitable opportunities to optimize and improve the risk profile of the
portfolio, including Relative Value trades, and long and short credit derivative positions on single
name transactions.
As interim Head of Global Credit Portfolio Management between 2001 and 2002
increased the Group’s annual Net Income from $136 thousand to $8.2 million through the
identification of long Credit Default Swap (“CDS”) positions, asset swaps, unwinding
profitable CDS positions, and other opportunities.
Launched and managed SG’s first CLO with $2.7 billion in assets.
CDS positions were initiated and purchased on a company that subsequently defaulted
and filed for Chapter 11 protection. The swap positions resulted in approximately $12
million of net profit to the Bank.
CDS Sold positions of $100 million were executed that diversified the portfolio and
resulted in approximately $1.5 million of net profit to SG.
  Identified an opportunity whereby a CDS was purchased and unwound within one month
resulting in a net profit of $700 thousand on a $10 million position.
Arranged, proactively managed, and monitored the portfolio using KMV and other market
warning signals to identify potential deteriorating credits, improve the EVA and Mark-to-Market,
and reduce Concentrations in the portfolio.
Prepared Market Price Assessments on initial transactions, opining on pricing, concentrations, and credit profiles.
Provided periodic corporate and industry analysis on sectors such as Automotive, Chemicals,
Gaming, Lodging & Leisure, General Corporate, Leveraged Finance, Oil & Gas, Project Finance,
Sports, and Utilities.
Actively managed and provided quarterly analysis of the portfolio, measuring economic capital
requirements, risk adjusted profitability, and business unit performance.

Vice President and Team Leader, Leveraged Finance Group 1990-1998
Sourced, analyzed, structured, negotiated, documented, closed and managed transactions covering bridge financings, mergers and acquisitions, distressed and asset-based situations, debtor-in-possession financings, turnarounds, workouts, refinancings, recapitalizations, subordinated debt, and cross-border transactions. Worked with the Merchant Banking Division in the analysis, recommendation, and management of investments in equity funds that approximated $300 million.
Contributed Leveraged Finance Net Banking Income on an annual basis with an average ROE in
excess of 40%.
Strong ability to evaluate complex financial transactions and determine the appropriate capital
 structure that required senior secured financing, senior notes and mezzanine debt. Analyzed    off-balance sheet needs including documentary and standby letters of credit, financial derivative
products, foreign exchange, and leasing.

Assistant Vice President, Credit Review 1988-1990
Performed credit review functions for the U.S. portfolio. Reviewed the adequacy of the loan loss reserve,
coordinated training for U.S. and overseas personnel in Credit and Corporate Finance, and assigned to
special projects and performed studies on lending to specific industries, such as Insurance and the Mutual Fund industries.

Assistant Treasurer/Credit Analyst 1985-1988

Financial Officer/Financial Analyst 1983-1985
Deputy in the Financial Department of the Controller’s Group. Directly managed several units of the
Financial Department that included Budget, Reports, and Accounts Payable.

Marine Midland Bank, New York, NY 1980-1983
Assistant Financial Planning Officer 1981-1983
Senior Financial Analyst         1980-1981

Manufacturers Hanover Trust Company, New York, NY 1978-1980
Senior Financial Analyst



Iona College, New Rochelle, NY         1977-1978
Assistant Financial Aid Director
Conducted presentations to parents, students, and faculty regarding the benefits of attending Iona College.
Counseled and assisted students to determine financial aid eligibility, including grants.
Member of the Admissions Committee to designate the allocation of financial aid.
Completed applications and worked with the Business Office on federal and state grant programs.

Xaverian High School, Brooklyn, NY             Summer 1976
Mathematics Instructor – Trigonometry

St. Francis Preparatory School, Fresh Meadows, NY 1975-1977
Mathematics Instructor – Algebra, Geometry, Trigonometry
Coach of Female Track & Field Team and Male Freshman Field Event’s Team
Alcohol and Drug Abuse Counselor

St. Thomas Aquinas School, Brooklyn, NY 1973-1975
Health, Religion, Science, and Social Studies Instructor
Alcohol and Drug Abuse Counselor

EDUCATION:

M.B.A. Accounting, Iona College, New Rochelle, NY
B.A. Mathematics, Iona College, New Rochelle, NY
Credit Training Program, JPMorgan Chase & Co., New York, NY
Computer proficiency in Excel, Word, and PowerPoint.

COMMUNITY SERVICE & PROFESSIONAL AFFILIATIONS:
-Board of Director and Finance Committee and Credentialing Committee member of Catholic Health Services of Long Island (2011-Present).
-Board of Director member of the Valley Stream Little League (2000-2012).
-Organized and responsible for local and district level Knights of Columbus Free Throw
Competition for children 10-14 years old (1995-2013).
-Chairperson and member of Holy Name of Mary Pastoral Council (2005-2009).
-Chairperson of a Regional School Board; elected to Holy Name of Mary School Board and
Chairperson of Holy Name of Mary School Board; Chairperson of Holy Name of School Finance
Committee.
-Guest speaker on Corporate Finance topics, including Fordham University.
-Adjunct Professor of Accounting, Corporate Finance, and Public Policy at Long Island University
(Graduate and Undergraduate).
-Adjunct Professor of Accounting, Business Mathematics, and Corporate Finance at the American
Institute of Banking (Undergraduate).
-Manager/ coach of baseball and basketball teams.

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Friday - 10am-6pm
For more information, please contact Elvira Casper at
elvira.casper@qc.cuny.edu


Program Director:

Cara Marshall, PhD
Monday - 9:30pm-10:30pm
Wednesday - 8:00pm-10:00pm
Also available by appointment
Powdermaker Hall, Room 306F
(718) 997-5387

cara.marshall@qc.cuny.edu​


Program Coordinator:

Elvira Casper
Powdermaker Hall, Room 331
(718) 997-5507

elvira.casper@qc.cuny.edu

 

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