Nicolas

Professional Experience
01/2021- Present BNY Mellon New York, NY
07/ 2022– Present BCRO for Investment Management, Direct Investments, Wealth Management, ClearingCollateralManagement, Pershing, and Markets
Manage team of circa 80 risk managers overseeing all types of risk (market, counterparty, investment, operational); co-chair of respective business Risk Committees
Member of the Risk&Compliance Executive Team; co-chair of Counterparty Credit Risk Management Committee; voting member of Credit Reserve Committee; Voting member of the BNY Mellon Pension Fund Committee
Market CRO for BNY Mellon; co-chair of FRTB Executive Steering Committee
Co-sponsor of multi-year market and counterparty risk architecture reengineering project to eliminate duplicative systems and models across First and Second Lines

01/ 2021– 07/ 2022 B.CRO for Investment Management & Direct Investments,
Tasked to set up a bank level Investment Risk Management function to oversee and enhance risk practices of 8 independent investment management firms with total 2 trillion AUM
Manage team of 10 Bank level risk managers and circa 30 firm-embedded risk managers overseeing all types of risk (market, investment, operational)
Co-chair of Investment Management Risk Committees; member of Risk&Compliance Committees of the largest Investment firms
Set up a small Second line Risk Management function to oversee BNY Mellon direct minority Fintech investments
Member of the Risk & Compliance Executive Team


09/2008-09/2020 Citigroup New York, NY
2013 – 2020 Managing Director/Head of Trading Book Risk Management for the ICG
Manage team of circa 120 market risk managers overseeing all positions with Price Risk within the investment bank, across FXLM, Rates, Equities, Commodities, Credit, Munis, and Securitized Products
Member of the ICG Risk Management Committee and CVA Steering Committee, co-chair of FRTB Executive Steering Committee
CCAR lead for the Market Risk work-stream since 2009
Co-chair of the FRTB Steering Committee
From 2008 to 2018, oversight responsibility for the 140 developers of market and counterparty risk models.
2008 – 2013 Managing Director/Head of Trading Book Portfolio Risk Management for the ICG
Overall responsibility for implementing consistent metrics, risk management practices for the Trading Book
Special focus on stress testing, internal Risk Capital, CCAR, Basel/FRTB and Volcker Rule
Direct risk management responsibility for Credit Trading, Muni Trading, Securitized Products and CVA
From 2008 to 2011, oversight responsibility for a 30 head-strong Model Validation team approving trading valuation and market and counterparty risk models


09/2000 -07/2008 Deutsche Bank New York, NY
Managing Director/Market CRO for the Americas
MRM representative to DB regional governance committee and to US regulators.
Global oversight of Credit Trading and Securitization, as well as a team of 25 quants reviewing model risk and developing stress testing for model intensive trading activities.
Global responsibility (from 2006 to 2008) for Investment Risk Management of DB’s portfolio of direct private equity and alternative investments.

01/1996-7/2000 JPMorgan New York, NY
Vice President/Market Risk Management
Market risk manager overseeing US Prop Trading, credit trading and securitization, LATAM emerging markets trading, and CVA.
01/1994-01/1996 JPMorgan Paris, France
Vice President/FI Prop Trading
Responsible for day-to-day management of large FRF investment book of securities and derivatives.
Oversaw development of comprehensive F/O risk management system for European FI investment books.
07/1990-01/1994 JPMorgan New York, NY
Vice President/Derivatives marketer
Structured and marketed FI derivatives to US and European corporates and investors.
04/1987-07/1990 JPMorgan Paris, France
Vice President/FI Option trader
Option market maker in FRF FI instruments.
09/1986-04/1987 JPMorgan New York, NY
Training Program Analyst

Education
9/1983-3/1985 Ecole de Sciences Politiques Paris, France
Master in Economics
9/1980-6/1983 Ecole HEC Jouy-en-Josas, France
Master in Sciences of Management
9/1980-6/1983 Université de La Sorbonne Paris, France
BA in History.

Personal
Dual French/American citizen
Mountaineering, rock and ice climbing, skiing, contemporary arts