The Arditti Center is pleased to announce that Michelle McCarthy will be the September 24th keynote speaker for the Risk Leadership Program. Michelle will discuss how risk management developed in banks, and how it differs when applied to other industries, particularly investment management. She will also highlight elements which derive from strong vs weak risk leadership, eg. risk-aware culture, healthy challenge, transparency, accountability, and reputation risk.
The keynote lunch is free and part of the larger Risk Leadership Series. Find out more on the Arditti website, and RSVP for lunch on the Registration Page.
Michelle McCarthy is a Managing Director and heads the Risk Management function at Nuveen Investments.
Before joining Nuveen in 2010, she served as Chief Risk Officer at Russell Investments. From 2003 to 2009 she was the Chief Market and Operational Risk Officer at Washington Mutual Bank, responsible for measuring and monitoring interest rate risk limits on the bank’s balance sheet, on its mortgage pipeline and warehouse, and its mortgage servicing rights asset, in addition to model validation function for market and operational risk models. She began her career in 1986 at Bankers Trust which was acquired in 1999 by Deutsche Bank. At Bankers Trust, Michelle marketed and traded interest rate, equity and currency derivatives. From 1991-95, she headed the market risk function for Bankers Trust’s European offices in London, then headed the risk function for the bank’s investment management division in New York. From 1996 to 2003 she provided market risk software and measurement for the bank’s customers, including asset managers, hedge funds and pension funds.
Michelle holds a bachelor’s degree from the University of Washington and a master’s degree in Government from Harvard University. She is a trustee of the Global Association of Risk Professionals (“GARP”) and heads Chicago’s GARP chapter. She is a member of the Buy Side Risk Managers Forum, and the Investment Company Institute’s Risk Management Committee and Derivatives Advisory Committee. In addition, she serves on an advisory committee for DePaul University’s Arditti Center for Risk Management, and the Working Group on Financial Markets at the Federal Reserve Bank of Chicago. Michelle serves on the board of trustees for the Maya Health Alliance, which provides health care for rural populations in Guatemala.
