Kristopher Petitt, CFA

Experience

• 

  BMO Harris Bank

  Aug 1998 - now

  Manage the structural market risk reporting function, which involves measuring the firm's interest rate risk position and developing strategies to mitigate that risk. Key participant in the CCAR / DFAST process. Team's responsibilities include reporting results to senior management, developing and backtesting behavioral models (prepayment model for loans and MBS / CMOs, non maturity deposit pricing / decay models), running sensitivity analyses, and stress testing. Also involved in developing funds transfer pricing theory and other corporate treasury initiatives. Member of the Asset Liability Commitee (ALCO). Team currently consists of 10 direct reports. Show less Led Asset & Liablility Management (ALM) integration efforts related to the BMO and M&I merger, which included a thorough review of assumptions and combining of pre-acquisition models. Analyzed balance sheet to measure and manage the interest rate risk position of a $95 billion bank holding company. Developed strategies to mitigate those risks, such as investment portfolio restructuring, the use of interest rate derivatives, and deposit promotions. Managed team responsible for producing monthly results. Show less Production manager for the corporation’s ALM process, which involved managing the workflow of several professionals and ensuring that key deadlines were met. Analyzed balance sheet to measure and manage the interest rate risk position of a $52 billion bank holding company. Implemented a stochastic modeling approach for the corporation’s economic value of equity measure, which improved the ability to quantify the impact of embedded optionality within the balance sheet. Integral member of team that was responsible for implementing a new robust ALM system (QRM Enterprise Risk Framework V14). Participated in funds transfer pricing and budgeting functions. Show less

  • Director, Vice President

    Apr 2013 - now

  • Senior Manager, Vice President

    Jul 2011 - Apr 2013

  • Treasury Manager, Vice President

    Aug 2009 - Jul 2011

  • Senior Capital Markets Analyst / AVP

    May 2006 - Aug 2009

  • Financial Analyst / Treasury Officer

    May 2004 - May 2006

  • Investment Operations Supervisor / Officer

    Aug 1998 - May 2004