Ivan Chan
About Ivan Chan
Ivan Chan is the Managing Director and Global Head of Quantitative Risk at Jefferies, with a robust career in risk management and a background in mathematics and statistics.
Managing Director at Jefferies
Ivan Chan currently serves as Managing Director, Global Head of Quantitative Risk at Jefferies. He has been in this role since 2018, where he oversees the firm's quantitative risk strategies in the New York City Metropolitan Area. With extensive experience in risk management, he plays a crucial role in developing and implementing quantitative risk models and frameworks essential for the company’s operations.
Previous Roles at Jefferies
Ivan Chan has held several significant positions at Jefferies before his current role. From 2015 to 2018, he was the Managing Director, Global Head of Risk Infrastructure and Analytics. Previously, he served as SVP, Global Head of Traded Credit Products Market Risk, Global Head of Risk Infrastructure from 2014 to 2015, and as SVP, Global Co-Head of Fixed Income Market Risk Management from 2009 to 2014. Each role demonstrated his increasing responsibilities and expertise in risk management within the firm.
Market Risk Manager Experience
Before joining Jefferies, Ivan Chan worked at Goldman Sachs as a Market Risk Manager from 2008 to 2009 and at the Royal Bank of Scotland Business for seven years from 2001 to 2008 in Stamford, Connecticut, United States. These roles focused on managing market risks, providing him with a strong foundation in financial risk management.
Educational Background
Ivan Chan holds a Bachelor of Science in Mathematics and Statistics from Stony Brook University, where he studied from 1996 to 2000. This educational background laid the foundation for his career in analytics and risk management, equipping him with the quantitative skills necessary for his roles in the financial industry.
Key Initiatives and Leadership
Ivan Chan successfully led the firmwide implementation of the Standard Initial Margin Model (SIMM) program, achieving regulatory approval. He has chaired multiple model governance committees to maintain the firm's model risk appetite. Additionally, he has served as a senior modeling liaison, translating complex technical modeling details into actionable intelligence for executive officers and bank supervisors. He also actively promotes diversity and inclusion within the financial industry.