James Davendonis
About James Davendonis
James Davendonis is a Credit Risk Senior Associate at the Federal Reserve Bank of New York, where he has worked since 2010. He has extensive experience in credit risk management, particularly in project finance and structured finance.
Current Role at Federal Reserve Bank of New York
James Davendonis currently serves as a Credit Risk Senior Associate at the Federal Reserve Bank of New York. He has held this position since 2010, contributing to the management of credit risk within the organization. His responsibilities include overseeing a team of eight analysts who administer intraday credit and operational risk. This role allows him to apply his extensive experience in credit risk management and structured finance.
Previous Experience at Federal Reserve Bank of New York
Before his current role, James Davendonis worked at the Federal Reserve Bank of New York as a Senior Financial Analyst and Project Manager from 1992 to 1998. During his six years in this position, he gained valuable insights into financial analysis and project management, which have informed his subsequent career in credit risk management.
Education and Academic Achievements
James Davendonis has a strong educational background in finance and economics. He earned a Bachelor of Science and Bachelor of Arts degree, cum laude, from Alfred University in 1992. He later achieved an MBA from the Fordham Gabelli School of Business in 2004, focusing on Finance and Strategic Management. Additionally, he obtained a Diploma in Credit Analysis from New York University in 1995.
Expertise in Credit Risk Management
James Davendonis possesses expertise in managing credit risk, particularly in project finance across various sectors, including wind, solar, hydroelectric, thermal, and infrastructure. He specializes in analyzing non-traditional commercial loans, focusing on loan structure, documentation, covenant compliance, and payment history. His knowledge extends to structured finance and asset securitization, encompassing student loans, asset-backed securities (ABS), collateralized debt obligations (CDOs), and collateralized mortgage obligations (CMOs).
Contributions to Socially Responsible Lending
James Davendonis participated in a United Nations task force aimed at promoting socially responsible lending. This involvement reflects his commitment to ethical financial practices and his interest in fostering responsible lending initiatives within the financial sector.