Nicolas Fries

Experience

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  J.P. Morgan

  Sept 1986 - Jul 2000

  Vice President

  Various positions in IR Option trading, Derivatives structuring, Prop Trading, and Market Risk Management for Credit Trading, Securitized Products, Emerging Markets, and CVA

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  Deutsche Bank

  Sept 2000 - Jun 2008

  Managing Director

  Market CRO for the Americas. Global oversight for Credit Trading and Securitization, as well as team of 25 quants reviewing model risk and developing stress testing for model intensive trading activities. Global responsibility (2006-2008) for Investment Risk Management of DB’s portfolio of direct private equity and alternative investments

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  Citi

  Sept 2008 - Oct 2020

  Head of Trading Book Risk Management

  2013 -2020 Head of Trading Book Risk Management for the ICG:Managed team of circa 100 market risk managers overseeing all positions with price risk without the investment bank, across FXLM, Rates, Equities, Commodities, Credit, Munis, Securitized Products, and CVA;Member of ICG Risk Management Committee and CVA Steering Committee, Co-chair of FRTB Steering Committee;CCAR lead work stream for Market Risk since 2009;From 2008 to 2018, oversight responsibility for market and counterparts risk analytics team;2008-2013 Head of Trading Book Portfolio Risk Management:Overall responsibility for implementing consistent metrics, risk management practices for the Trading Book;Specific focus on stress testing, internal Risk and CCAR Capital, Volcker Rule;Direct risk management responsibility for Credit Trading, Muni Trading , Securitized Products and CVA;From 2008 to 2011, oversight responsibility for the Model Validation team approving trading valuation, and market and counterparts risk models; Show less

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  BNY

  Jan 2021 - now

  CRO, Investment Risk

  • CRO, Investment Management, Wealth Management, Clearing&Collateral Management, Markets and Pershing

    Jul 2022 - now

  • CRO, Investment Risk

    Jan 2021 - Jul 2022