Dr. Michel Crouhy

crouchyDr. Michel Crouhy is Head of Research and Development at NATIXIS  He has the bankwide oversight on all quantitative research and the development of new products and applications supporting the trading and structuring businesses. He is also responsible for implementing a bankwide RAROC system. He is the founder and President of the IXS Foundation for Quantitative Finance which finances academic research and world class events in the area of quantitative finance.

Formerly he was Senior Vice President, Business Analytic Solutions, in the Risk Management Division, at CIBC (Canadian Imperial Bank of Commerce).  He was responsible for the development of risk measurement methodologies and models for market, credit (corporate and retail), operational risk and economic capital attribution, as well as customer behavior analytics. His responsibilities also included the approval of all pricing, balance sheet, risk and capital related models. He was also in charge of the RAROC (Economic Capital Attribution) and Operational Risk groups.

He is a member of The Professional Risk Managers’ International Association’s (PRMIA) Blue Ribbon Panel, and of the International Association of Financial Engineers (IAFE).

Prior to his career in the industry, Michel Crouhy was a Professor of Finance at the HEC School of Management in Paris, where he was also the founder and director of the M.S. HEC in International Finance, the first M.S. program in Financial Engineering.  He has been a visiting professor at the Wharton School and at UCLA.  Dr. Crouhy holds a Ph.D from the Wharton School and is Doctoris Honoris Causa from the University of Montreal. He is the author and co-author of several books, the most recent ones being “Risk Management” (McGraw-Hill – 2001), “The Essentials of Risk Management” (McGraw-Hill – 2006) and has published extensively in academic journals in the areas of banking, options, risk management and financial markets. He is also Associate Editor of the Journal of Derivatives, the Journal of Credit Risk, Asia-Pacific Financial Markets, the Journal of Operational Risk and is on the editorial board of the Journal of Risk.

Contact Information:
Phone: 925.746.7186
Fax: 925.746.4236
Email: info@blackdiamondrisk.com

Publications