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Robert McDonough
  • Capital structure
  • Due diligence
  • Equity finance
  • Hedge funds
  • Risk management

Robert McDonough

Robert McDonough has been involved in the securities industry for over 40 years, working for several securities related companies.
His industry expertise evolved in his 23 years at Merrill Lynch where he was promoted several times to the title of Managing Director in the Office of the Chief Credit Risk Officer (CRO). Robert has become the expert within the company for the global Hedge Fund portfolio, establishing a proprietary counterparty rating system and establishing credit risk limits for over 1,000 hedge funds. His staff was located in NY, UK and Hong Kong and cover all aspects of Hedge Fund risk exposure.
In 2007, Robert transitioned to the business side and moved to the Prime Brokerage Group (PBG) within Merrill Lynch. He was responsible for risk integration post the Bank of America (BAC) merger and worked in Risk Management area of the PBG. He was responsible for presenting to BAC Credit Committee for approval all types of transactions with specific risk attributes such as: hedge fund share loans, single stock financing, term financing for PBG clients, subordinated loans etc. In addition, he participated in regular Q & A meetings with external regulatory groups (Federal Reserve Bank, FINRA etc.) to explain risk monitoring of clients within the PBG and work on solutions to recommendations mandated by the external regulatory groups.

Industry Experience
Education
Areas of Expertise
Registrations and Memberships
Keywords

Industry Experience

AURUS ADVISORS

Collateralized Financing Executive

BANK OF AMERICA MERRILL LYNCH

Managing Director Prime Brokerage Risk

MERRILL LYNCH & CO

Senior Credit Officer-Leveraged Financial

Institutions & Global Wealth Management

DILLON READE & COMPANY

Credit Manager

DONALDSON LUFKIN AND JENERETTE

Credit Analyst/Accounting

PAINE WEBBER & CO

Accountant/Audit

Education

PACE UNIVERSITY

MBA, Major Finance

C.W. Post School of Professional Accountancy

B.S., Major Accounting

Areas of Expertise

Prime brokerage credit risk management

W/r to hedge funds, family offices, money managers. Broker dealers:

  • Due diligence
  • Credit quality assessment
  • Credit lines/limits
  • Levels of margin/collateralization for loans

All asset types

  • Stocks, bonds, FX…
  • Swaps, derivatives, options
  • Fund of fund loans

Credit policies and procedures

Prime Brokerage risk management

ISDA negotiations

Registrations and Memberships

CPA
FINRA

Series 79 (Investment Banking)

Series 63

Expert Keywords

  • asset types (stocks)
  • Bank of America (BAC) merger
  • Basel II compliance
  • bonds
  • Chief Credit Officer
  • collateral
  • collateralized financing executive
  • collateralized lending
  • counterparty rating system
  • credit committee
  • credit limits
  • credit policies and procedures
  • credit quality assessment
  • credit risk limits
  • credit risk management
  • credit risk officer
  • derivatives
  • due diligence
  • Federal Reserve Board (FRB)
  • funding transactions
  • FX
  • global risk exposure
  • hedge fund portfolio
  • hedge funds
  • high net worth individuals
  • ISDA negotiations
  • ISDAs and CSAs
  • margins
  • multinational banks
  • Office of the Comptroller of the Currency (OCC)
  • options
  • prime brokerage
  • risk attributes
  • risk integration
  • Securities industry
  • special finance committee (SFC)
  • stock lending & borrowing (SLB)
  • stock loan
  • stocks
  • swaps

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