Top
Capital Market Risk Advisors
unsplash-image-ZGjbiukp_-A.jpg

Banks & Broker/Dealers

Your Lifeline in a Risky World

 

Clients - Banks & Broker/Dealers

Home > Clients > Banks & Broker/Dealers

CMRA has consulted to many banks and brokers/dealers around the world on both proactive projects and investigation/litigation support matters. Projects for banks and broker/dealers have ranged from risk management, to governance, to valuation, to capital market strategy. The breadth of our client base (including hedge funds, money managers, funds of funds, investment banks, commercial banks, derivatives companies, institutional investors) as well as geographic diversity (we have clients on 6 continents) gives us a unique cross industry perspective.

CMRA's principals has been involved on the front line of every facet of the banking and broker/dealer business from trading to risk management to new product development to origination to documentation to legal issues.

Selected Assignments for Banks and Broker/Dealers

  • Benchmarked the practices of many investment banks, commercial banks, and derivatives companies

  • Vetted many complex pricing models

  • Assisted clients in building derivatives businesses, selling and exiting derivatives businesses, the creation of derivatives product companies and on the acquisition of a credit derivatives business

  • Advised on all aspects of both OTC and exchange traded derivatives (swaps, options and hybrids)

  • Conducted comprehensive reviews and risk diagnostics for a large cross-section of firms

  • Advised several clients on Chief Risk Officer (CRO) roles, responsibilities and selection.

  • Advised the Board of Directors and Senior Management of several banks on the measurement for all financial transactions including derivatives

  • Drafted and reviewed risk management policies and practices for many banks, investment banks and broker/dealers

  • Advised several clients on a charter for a Risk Committee of the Board

  • Reviewed the CDO and CLO valuation and risk management approaches of several major institutions

  • Assisted several firms in formulating "Risk Appetite Statements"

  • Evaluated risk management practices of sizeable Korean broker/dealer

  • Reviewed the asset/liability management framework and approach of several regional banks

  • Evaluated market, credit, operational and liquidity risk management policies, practices and approach for many banks including an emerging market bank

  • Evaluated risk measurement, limits, policies and procedures and reporting processes of several large banks.

  • Engaged by a Japanese think tank to provide in depth research on risk management practices of major banks and investment banks

  • Advised several firms on the structure of their Risk management Governance Committees

  • Consulted on best practice for credit derivative swaps (CDS)

  • Provided expert testimony on the complex commodity derivatives involved in Sumitomo's trading scandal on behalf of a large bank.

  • Provided expert testimony for a large European bank in an arbitration regarding the valuation and profitability of an unusually long term exotic option

  • Provided an expert report in a inter-dealer dispute over interpretation of asset swap and repo agreements

  • Conducted a comprehensive review of Banker's Trust's derivatives business commissioned by the Federal Reserve, SEC, CFTC and NYS Banking Commission

  • Analyzed by the valuations in a litigation relating to margin calls on an MBS hedge fund for a large broker/dealer

  • Analyzed the issues in a litigation matter relating to margin calls and liquidation of hedge fund with significant mortgage backed and emerging market exposures for a large European bank

  • Analyzed a complex CLO and provided an expert report in a dealer/investor dispute

  • Provided valuation and market practice expert report and testimony in Askin/Granite Funds meltdown

Where the jobs are: Chief Risk Officers - Financial News - May 2005

By Suzanne McGee

"Businesses need to be able to take risk in order to make money, but they need to know how to do so wisely," says Leslie Rahl, founder of Capital Market Risk Advisors, a New York-based consulting firm. Ms. Rahl, who is often consulted by headhunters or chief executives seeking a chief risk officer, says she sees the role as just as important as any other top-level executive position.

May 4, 2005

Corporate Governance The Great American - Institutional Investor - April 2005

Risk Pro for Fannie - American Banker - February 2004

Derivatives Under Fire X - IDD - May 2002

Around Wall Street, the potential for vilification of all derivatives is no small area of concern. “When there’s a car accident, “ asks risk management consultant Leslie Rahl, “do you blame the driver? Or do you blame the car?”

... few doubt that new derivatives abuses will sprout to replace them. Rahl, who runs Capital Markets Risk Advisors, says she’s not a big believer in rigid rules governing derivatives practices. “Those only encourage creative financial engineers to work around them,” she says.

May 20, 2002

New York Newsday - Jan. 1995

In the forbidding corner of the Wall Street jungle known as the derivatives markets, where the locals are known as hard-quants, rocket scientists or just plain nerds…Leslie Rahl is widely considered among the best of native guides for wary travelers.

January 19, 1995

Making a model - Grant’s Interest Rate Observer - August 1994

“What Red Adair is to oil and gas exploration, CMRA is to financial engineering."

August 12, 1994

 
Top