The Federal Reserve's Proposed Liquidity Rule and its Impact on Financial Institutions

Raman Mandapaka is a Director in the Valuations and Financial Risk Management practice and leads the quantitative risk management practice.  Mr. Mandapaka brings extensive experience in the fields of mortgage finance, capital markets, data quality and integrity, data analytics, and econometric and financial modeling applications to financial institution regulatory, accounting and litigation issues.  His experience includes delivering regulatory compliance, risk management, and model validation services.  His quantitative specialization includes  modeling credit risk, counterparty risk, and liquidity risk, structured products and asset liability management. 

He obtained his Ph.D. degree in Economics from the State University of New York at Stony Brook, NY.  

Sean Hussey is a Director at Navigant in the Valuation and Financial Risk Management practice and is based out of Washington, DC. Mr. Hussey brings with him over 25 years of credit risk management experience, primarily with Bank of America, AmSouth and Regions Bank.  Mr. Hussey has extensive experience in the management and modeling of  consumer risk, credit  MIS,  policies  and internal/ regulatory  reporting.

Sean was in charge of Portfolio Management at Bank of America and Regions Bank.  He managed the development of forecasting and stress testing models for the commercial, business banking, residential mortgage, auto, and credit card portfolios and the related factor models used for stress testing.   Regions Bank was one of the select banks that participated in the QIS studies conducted by regulators as Basel was tested and implemented n the US.   Stress test results resulted in several initiatives to lower the Bank’s risk profile including purchasing credit insurance on high LTV residential loans and exiting the subprime market.

 He was also a member of the Corporate Credit Risk Management Committee which monitored risk and reviewed  proposals effecting risk in the portfolio.

Brian Barrett has nearly 25 years of experience as an investment banker and lawyer. Prior to joining Sutherland, he was a Vice President for Global Liquidity Products at Goldman Sachs in New York, where he developed products and executed transactions in which banks, insurance companies, catastrophe (CAT) bond issuers, money market funds and pensions deployed liquidity. Before that, he was Managing Director of Secured Credit Products at HSBC Bank U.S.A., where he developed the insurance-linked securities (ILS) business, including AXXX/XXX securitizations, Embedded Value realization and other transactions executed by insurance companies.

Understanding transactions from the legal and business perspectives, Brian delivers guidance on insurance linked securities, sidecars, secured and unsecured financings, prime brokerage, collateral swaps and derivatives. Brian also advises financial services clients on financial regulations, including Basel III and the Volcker Rule, as well as the evolving business conduct, margin requirements, transaction documentation and reporting responsibilities under the Dodd-Frank Act.