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Andrew Auslander, CFA, FRM
  • Complex securities & derivatives
  • Equity finance & Prime
  • Fixed Income
  • Foreign Exchange (FX)
  • Risk management
  • Trading & portf. management

Andrew Auslander, CFA, FRM

Andrew Auslander, CFA, FRM, is a financial expert with decades of experience in Finance and Risk Management with global financial institutions. He was a fixed income trader for twelve years and traded bonds, repo, securities lending, interest rate and FX options. He is an expert in the valuation of corporate bonds and loans with extensive experience in Latin American and Eastern European bonds. For 12 years he was responsible for managing customer credit risk, interest rate risk and funding risk. He has negotiated and reviewed hundreds of Global Master Repurchase Agreements, Global Master Securities Lending Agreements, ISDA Master Agreements and Credit Support Annexes. He held senior risk management positions for fifteen years including Chief Risk Officer. At Itau Private Bank, Adrew co-chaired the Credit Risk Committee at an $11 billion private bank where he approved $1 billion of credit lines. He reviewed and approved billions of dollars of structured bonds as head of Asset-Liability Committee. He also led a project to update the entire suitability process.
Mr. Auslander has extensive policy and procedure experience. He has written or revised over one-hundred risk management policies and procedures. He has experience responding to the SEC as he was Chief Risk Officer at Itau (USA) Asset Management when we went through a 6-month SEC examination. He has also been the main risk management contact during three US Federal Reserve and FINRA examinations.

Industry Experience
Education
Areas of Expertise
Registrations and Memberships
Expert Related Engagements
Expert Consulting
Affiliations
Keywords

Industry Experience

Agile Financial LLC/ New Jersey

Citibank - Securities-based lending project

2023

City National Bank - Updated infrastructure of Risk Mgmt area

2022

Udon Labs backed by Atomic Mgmt VC Provided performance analytics to Fintech RIA

2021 - 2022

Shin Han Bank - Update of all risk management policies

2021 - 2022

UBS Wealth Mgt. USA - Credit Risk Mgmt policies updated / QC of loans

2021 - 2022

Hilltop Securities, (remote) - Analysis of risk management area

2021

Several Entities of MUFG - Risk Mgmt policies updated / RCSA performed

2019 - 2020

Atlas Bank, Panama (remote) - Creation of Credit Risk Management Policy

2019

AIG/ NY

Head of Risk Governance

ITAÚ PRIVATE BANK/ Miami

Head of Risk Management

ITAÚ USA ASSET MANAGEMENT/ NY

Chief Risk Officer

CREDIT SUISSE/ NY

Market and Liquidity Risk Management for Credit FI

GALTERE INTERNATIONAL FUND/ NY

Portfolio Manager, Global Macro Hedge Fund

Prudential Securities/ NY

Head of Repo Desk for International Securities

BNP Paribas/ NY and London

Head of Repo Desk for International Securities

Chase Manhattan Intl Ltd/ London

Head of Repo for Eastern Europe

ANZ Investment Bank/ London

Head of Repo Desk

Salomon Brothers/ NY and London

Repo / Securities Lending / Options / Futures Trader

Education

New York University, Stern School of Business

Advanced Professional Certificate, Finance

Rensselaer Polytechnic Institute

M.S. Computer Science & Information Systems

US Merchant Maritime Academy

B.S. Marine Engineering Systems

Areas of Expertise

Risk identification, assessment, advisory, reporting

Policies, procedures, governance, AML/BSA

SEC, US Federal Reserve & FINRA examinations

US Liquidity stress tests (SR 10-6)

Basel - Liquidity Coverage Ratio, Net Stable Funding Ratio

Market, credit, operational, liquidity, interest rate, liquidity risks

Asset & liability management (ALM)

Corporate bonds & loans, structured bonds

Latin American and Eastern European bonds

Repo, securities lending, margins calls, Cum-Ex

Futures & options, Greeks

Registrations and Memberships

CFA Institute

Chartered Financial Analyst

GARP

Certified Financial Risk Manager

FINRA

Series 7, 63, 24 (expired)

Expert Related Engagements

Nori Holding Limited (In Liquidation), et al v. Bank Otkritie. Case No. 183837. London Court of International Arbitration. Provided expert reports and testified at arbitration.
Shahid R. Khan et al v. BDO Seidman, L.L.P. et al. Case No. 09 L 140 (Circuit Court of the Sixth Judicial Circuit, Champaign County, Illinois). Provided expert report and testified by deposition on FX options.
In Re the Marriage of: Michael Everett Carlson and Cynthia Papiernik, Circuit Court of Cook County, Illinois. Allegation of risky and unwise trading strategy.
Gould v. Bolour et al. Case No. 20STCV05874 (Sup. Court of the State of California, County of Los Angeles).
FINRA Arbitration matter regarding portfolio margin.
United States of America v. Constantinescu, et al. Case No. 4:22-cr-612-S (US District Court for the Southern District of Texas, Houston Division).

Expert Consulting

Expert Consultant to Reynolds Porter Chamberlain (RPC), London (remote). EUR denominated put and call options.
Expert Consultant to a state securities regulator. Performed market and credit risk analysis on thinly traded CMBS tranches.
Expert Consultant to The Brewer Law Offices, Expert Consulting on platinum futures and duty of care for FINRA Arbitration.
Expert Consultant to Gaxiola Law Firm. Expert Consulting on European bond sale.
Expert Consultant to Belton Fund LP v Mint Global Markets, Inc. Expert Consulting on securities lending.
Expert Consultant to client in NFA ARBITRATION. System error of FX electronic trading system.
Expert Consultant to JES FARMS in NGFA ARBITRATION, South Dakota. Case involved corn futures.

Affiliations

Co-Regional Director of New York Chapter of Professional Risk Managers International Association
Co-Chair of Value Investing Group at CFA Society of New York
Treasurer of Board of Directors of CFA Society of New York

Expert Keywords

  • 1934 Act compliance
  • 1940 Act compliance (Form ADV)
  • AML/BSA risk management
  • asset liability Management (ALM)
  • Bank Secrecy Act (BSA)
  • banking
  • Basel - liquidity coverage ratio
  • Basel III
  • best execution
  • broker dealer
  • capital markets
  • Chief Risk Officer (CRO)
  • close out of trading account
  • commodities
  • commodity derivatives
  • controls
  • convertible bonds
  • corporate bonds
  • corporate loans
  • cost of carry
  • credit analysis
  • credit committee
  • credit default derivatives
  • credit default swap (CDS)
  • credit risk
  • cum/cum
  • cum/ex
  • damages
  • debt markets
  • delta
  • derivative valuation
  • derivatives
  • digital and barrier options
  • duty of care
  • Eastern European bonds
  • Federal Reserve Board (FRB)
  • FINRA Series 24 Principal
  • fixed income
  • fixed income trading consulting
  • Fund Transfer Pricing (FTP)
  • futures & options
  • FX
  • FX forwards
  • FX options
  • gamma
  • Greeks
  • hedge fund management
  • interest rate risk
  • ISDAs and CSAs
  • Know-Your-Customer (KYC)
  • Latin America (LatAm)
  • liquidity risk
  • listed derivatives
  • margin calls
  • market risk
  • mortgage-backed securities (MBS)
  • Net Stable Funding Ratio (NSFR)
  • operational risk
  • option valuation
  • OTC derivatives
  • over-the-counter (OTC) derivatives
  • policies
  • portfolio margin
  • procedures
  • Reg 144A
  • Reg BI
  • Reg S
  • reg T
  • repo trading
  • risk management
  • risk management policies
  • SEC/US federal reserve & FINRA examinations
  • securities lending
  • stress testing
  • structured bonds
  • suitability
  • trader
  • trading
  • US liquidity stress tests (SR 10-6)
  • value-at-risk models

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