Expert Witness in Financial Services Litigations; NASD Arbitrations; Extensive knowledge of People Process, and Technology in Financial Institutions; Detailed understanding of Investment Management; Expert in all aspects of Financial Risk Management – including Market, Credit and Operations Risk. Extensive Trading and Industry Consulting background, Joel has played a key role in many large and complex financial services litigations including: Enron Litigation; Procter & Gamble vs. Bankers Trust; Diawa Bank; Metallgesellschaft; Gibson Greetings vs. Bankers Trust.
Over seven years as Partner in charge of Deloitte & Touche's Capital Markets Consulting Practice serving Banks and Securities Dealers where he was engaged in Litigation Consulting, Financial Risk Management, and Trading Infrastructure. Additional experiences include: Trading Securities at HongKong Bank; Managing a Large Investment and Derivatives Portfolio at Travelers Insurance Company; and Teaching Economics at Columbia Graduate School of Business.
Background
Q: Please list your professional accreditations, degrees, licenses, and certificates granted:A: CFA (Chartered Financial Analyst) 1992
COLUMBIA UNIVERSITY,
MA Economics 1983
MPhil Economics 1985
Specialization: Macroeconomics, International Trade and Finance, and Economic Development.
Certification: Mathematical Economics, Econometrics, Statistics, Microeconomics and Macroeconomics.
UNIVERSITY OF MASS AT AMHERST,
BA - Economics, Magna Cum Laude 1981
Q: Please list your affiliations or memberships in any professional and/or industry organizations:
A: ï International Association of Financial Engineers (Chaired NY Chapter)
ï GARP - Global Association of Risk Professionals
ï New York Society of Security Analysts (NYSSA)
ï Association for Investment Management and Research
Q: Please list any teaching or speaking experience you have had, including subject matter:
A:
Teaching Experience
COLUMBIA GRADUATE SCHOOL OF BUSINESS, NY, NY 1984 - 1987
ADJUNCT FACULTY OF ECONOMICS
ï Top Rated Professor - Consistently ranked by students in the top 20% of all Business School professors
NEW YORK UNIVERSITY, New York, NY 1985 - 1986
ADJUNCT PROFESSOR OF ECONOMICS
Professional Seminars - Chaired
Topic:
Liability Management a Consultants Perspective
Conference:
World Class Use and Management of Derivatives
Sponsor: Executive Enterprises
Dates: 6/94
Topic:
Avoiding the Pitfalls, Successfully Valuing and Pricing Derivative Instruments
Conference:
Derivative Pricing & Valuation
Sponsor: International Business Communications
Dates: 6/94
Featured Speaker
Topic: Annual Meeting & Management Conference Federal Home Loan Bank
Conference: Accounting and Financial Reporting for Derivatives
Sponsor: Institute for International Research
Dates: 2/95 Seattle
Topic: Practical Applications and Recent Market Developments
Conference: Valuing, Pricing & Using Capital Markets Instruments
Sponsor: Euromoney Institute of Finance
Dates: 9/93; 6/94; 9/94 New York City
Topic: Hedging Pitfalls and Effective Liability Management
Conference: Financial Risk Management in the 90ís
Sponsor: Executive Enterprises
Dates: 10/93; 10/94 New York City
Topic: Corporate Liability Management and the Role of Derivatives
Conference: Accounting for Derivatives
Sponsor: Institute for International Research
Dates: 12/93; 9/94; 2/95; New York City
Topic: Treasury Risk Management Structure and Liability Management
Conference: Derivative Products: from A to Z
Sponsor: Bank Administration Institute
Dates: 12/93; 12/93 Chicago & New York;
Topic: Derivative Products Risks and Valuation
Conference: Fundamentals of Derivative Products
Sponsor: Bank Administration Institute
Dates: 12/94; New York City
Topic: Strategic Corporate Debt Management and the Role of Derivatives
Conference: Hedge Accounting and Financial Risk Management
Sponsor: Executive Enterprises
Dates: 9/94 New York City
Topic: Strategic Corporate Debt Management and the role of Derivatives
Conference: Corporate Derivative Risk Management Policy
Sponsor: Financial Advisory Council
Dates: 10/94; New York City
Topic: New Frontiers in Strategic Corporate Debt Management
Conference: World Class Financial Management
Sponsor: International Business Consulting Slip
Dates: 10/94 Greenwich CT; 11/94 Boston MA
Topic: Value at Risk: The Corporate Perspective
Conference: Quantifying & Disclosing Market Risk - Using Value at Risk
Sponsor: Institute for International Research
Dates: 2/95 New York City
Topic: Derivatives Risks and Valuation: Navigating the Minified
Conference: Accounting and Financial Reporting for Derivatives
Sponsor: Institute for International Research
Dates: 2/95 New York City
Topic: Valuing, Pricing and Using Capital Markets Instruments
Conference: Capital Markets Seminar
Sponsor: Euromoney Institute of Finance
Dates: 2/97 New York City
Topic: Risk Management at Financial Institutions
Conference: Private Seminar for Securities Exchange Commission
Sponsor: Deloitte and Touche
Dates: 1997 Washington DC
Q: Have any of your accreditations ever been investigated, suspended or removed? (if yes, explain)
A: No
Q: On how many occasions have you been retained as an expert?
A: Between 10 - 20
Q: For what area(s) of expertise have you been retained as an expert?
A: Market Risk Management
Financial Risk Management
Credit Risk Management
Operations Risk Management
Trading and Trading Infrastructure
Quantitative Valuation
Derivatives and Derivative Securities
Structured Products
Interest Rate Products
Capital Markets Instruments - Bonds, Securities, Financial Futures, Commodities, FX
Trading Infrastructure
