Zachary Brown
Chicago,IL
Summary
Dynamic financial leader with comprehensive expertise across public and private sectors, specializing in investment strategy, risk management, and macroeconomic analysis. Proven track record in strategic planning and team leadership, driving initiatives that enhanced market efficiency and supported client outcomes. Adept at presenting complex financial strategies to C-suite executives and stakeholders.
Overview
17
17
years of professional experience
Work History
Lecturer – Corporate Finance
University of Chicago Harris School of Public Policy
01.2025 - Current
- Teach an 80-student course covering corporate structure, capital budgeting, evaluation of projects, financial planning, securities valuation, mergers and acquisitions, risk management, and governance.
- Perspectives include those of debt and equity holders as well as key management members, including the Chief Executive Officer, Chief Financial Officer, and Treasurer.
Capital Markets Trading Principal
Federal Reserve Bank of New York
01.2022 - Current
- Lead a team to monitor and analyze short-term funding markets, with a focus on Treasury bills, commercial paper, repurchase agreements (repos), and money market mutual funds.
- Serve as the designated responsibility manager for the Federal Reserve’s Overnight Reverse Repo (ON RRP) operations with primary dealers, banks, money market mutual funds, and government sponsored enterprises to support monetary policy implementation and smooth market functioning.
Supervisory Financial Analyst, GS-15
U.S. Department of the Treasury
01.2021 - 01.2022
- Oversaw the implementation of the Emergency Capital Investment Program (ECIP), a $9 billion stimulus program promoting economic recovery by boosting lending among Community Development Financial Institutions (CDFIs) and Minority Depository Institutions (MDIs).
Principal & Partner
Milliman, Inc.
01.2016 - 01.2019
- Led Milliman’s Portfolio Management group to implement investment and risk management strategies on over $50 billion for pension plans, banks, insurance companies, and asset managers.
- Developed the systems, processes, and procedures to support this large-scale asset management business (which did not exist in 2011) from scratch.
- Supervised and managed twenty employees, including economists, actuaries, analysts, quantitative researchers, software developers, and compliance associates.
- Served as a Senior Advisor to Milliman’s Chairman of the Board. Briefed the Chairman ahead of board meetings, conferences, and client visits. Prepared slide decks and presentation materials for over 250 events. Represented the Chairman at high-level meetings.
- Presented long-term strategic recommendations to senior leaders at client companies through detailed technical explanations, formal meetings with fund boards, and presentations to C-suite executives.
- Frequently presented at major financial conferences in cities around the world, including London, Berlin, and Beijing.
- Member of the following committees for Milliman Financial Risk Management LLC: Investment Oversight, Business Continuity & Disaster Recovery, Diversity & Inclusion.
Director
Milliman, Inc.
01.2013 - 01.2016
- Grew the Portfolio Management group from two people to twenty people.
- Managed and supervised the group by designing staff plans and evaluation methods, setting goals and objectives, providing guidance on career development, and monitoring performance.
- Designed and implemented sophisticated models to evaluate financial risks, calculate portfolio exposures, assess liquidity, and execute hedging strategies by trading complex derivative instruments.
- Oversaw database management and software development efforts, created the reporting infrastructure and dashboards to communicate results to clients, and implemented a framework to ensure compliance with legal and regulatory requirements.
- Supervised software testing to comply with internal controls and audit standards, including annual SSAE-16 process audits. Successfully led the team through a standard SEC examination.
Quantitative Analyst
Milliman, Inc.
01.2009 - 01.2013
- Coordinated strategic firm-wide initiatives, including the creation of a new asset management business unit at Milliman.
- Supported business development efforts that brought in over $10 billion in client assets.
- Prepared presentations and research memos for over 100 prospective client companies by running financial projections, stochastic simulations, and historical analysis to model risk management strategies.
Education
Bachelor of Arts - Economics and History
Northwestern University
Evanston, ILSkills
- Financial analysis
- Risk and portfolio management
- Strategic planning and project management
- Presentation and communication skills
- Team leadership and business development
- Investment strategies
- Economic forecasting
- Market monitoring
- Capital budgeting
Recognition
- Leader of Tomorrow, International Insurance Society, 2017, Received for the best original paper on the insurance industry.
- Emerging Leader, Chicago Council on Global Affairs, 2019, Selected as an Emerging Leader.
Professional Designations
- CFA – Chartered Financial Analyst (CFA Institute)
- FRM – Financial Risk Manager (Global Association of Risk Professionals)
- CAIA – Chartered Alternative Investment Analyst (CAIA Association)
Timeline
Lecturer – Corporate Finance
University of Chicago Harris School of Public Policy
01.2025 - Current
Capital Markets Trading Principal
Federal Reserve Bank of New York
01.2022 - Current
Supervisory Financial Analyst, GS-15
U.S. Department of the Treasury
01.2021 - 01.2022
Principal & Partner
Milliman, Inc.
01.2016 - 01.2019
Director
Milliman, Inc.
01.2013 - 01.2016
Quantitative Analyst
Milliman, Inc.
01.2009 - 01.2013
Bachelor of Arts - Economics and History
Northwestern University