Matthew Messinger
Palatine,Cook
Summary
With over two decades at the forefront of risk management, notably at Morgan Stanley and the Federal Home Loan Bank of Chicago, I've mastered both the art of transparent, strategic board reporting and the science of financial instrument valuation. My leadership in model and market risk management is marked by robust regulatory compliance and innovative risk framework development, showcasing my analytical prowess and team-building expertise.
Overview
28
28
years of professional experience
1
1
Certification
Work History
Sole Proprietor
MAM Consulting Services LLC
Chicago, IL
01.2024 - Current
- Review and assessment of Model Risk Practices which includes inventory management, model validation reporting, related policies and procedures, board reporting, model risk rating and issue managment.
SVP Head of Model Risk Management
Federal Home Loan Bank of Chicago
Chicago , IL
01.2012 - 11.2023
- Board/Management reporting of model risk-related issues.
- Ongoing management and training of the Model Risk Team.
- Maintaining a robust and transparent Model Risk Framework.
- Ensure regulatory compliance (e.g., FHFA, IAD)
- Periodic review and validation of the Bank's inventoried model.
SVP Head of Market Risk Managment
Federal Home Loan Bank of Chicago
Chicago, Illinios
01.2006 - 12.2011
- Market Risk Reporting to Management and the Board.
- Assessment of the Bank's market risks with respect to different market risk metrics (e.g., volatility, DOE, mortgage prepayment, hedging practices, key rate duration, yield curve movements).
- New product modeling and assessment.
- Review and assessment of model risk management tools supporting hedging, valuations and forecasting.
VP Mortgage Risk Research
Federal Home Loan Bank of Chicago
Chicago, Ilinois
01.2004 - 12.2005
- Provided analysis and research with respect to the Bank's mortgage loan portfolio (MPF).
- Identified risks associated with the Bank's loan portfolio, which included prepayment, concentration, and valuation risks.
- Provided extensive reporting to management and the board.
VP
Morgan Stanley
New York, New York
01.1997 - 12.2000
- Derivative Technology, specializing in MBS/CMO relative value and trading analytics
Education
Master of Science - Applied Mathematics
New York University (School of Engineering)
New York, NY06-1981
Bachelor of Arts - Mathematics
Queens Collage
New York, NY06-1980
Skills
- Over 20 years of experience in valuing financial instruments
- Over 20 years of experience in instrument-level and portfolio-level risk reporting to management and the Board
- Implementation and assessment of risk management frameworks related to model and market risk
- Adherence to regulatory requirements related to the modeling of financial instruments
- Management and training of model and market risk professionals
- Varied experience in statistical analysis related to financial forecasting and assessment
- Transparent reporting to the Board related to current and potential model-related risks
Affiliations
- Teaching experience at college and high school level
- Distance running
Accomplishments
- Sergeant, United States Marine Corps
Certification
- Certificates related to: programming C++, Derivative Valuations, Management Principles, and use of statistical valuation tools
Languages
English
Professional
Timeline
Sole Proprietor
MAM Consulting Services LLC
01.2024 - Current
SVP Head of Model Risk Management
Federal Home Loan Bank of Chicago
01.2012 - 11.2023
SVP Head of Market Risk Managment
Federal Home Loan Bank of Chicago
01.2006 - 12.2011
VP Mortgage Risk Research
Federal Home Loan Bank of Chicago
01.2004 - 12.2005
VP
Morgan Stanley
01.1997 - 12.2000
Master of Science - Applied Mathematics
New York University (School of Engineering)
Bachelor of Arts - Mathematics
Queens Collage
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