Jeffrey Nikitin
About Jeffrey Nikitin
Jeffrey Nikitin is a Risk Analytics Senior Associate at the Federal Reserve Bank of New York, where he has worked since 2014. He has extensive experience in risk analytics, having previously held positions at Credit Suisse and Barclays Investment Bank, and holds multiple master's degrees in Physics, Financial Engineering, and Statistics.
Current Role at Federal Reserve Bank of New York
Jeffrey Nikitin serves as a Risk Analytics Senior Associate at the Federal Reserve Bank of New York, a position he has held since 2014. In this role, he focuses on translating trading and counterparty risks into potential loss scenarios. His responsibilities include engaging in regulatory reporting and governance for market and credit risk models. He specializes in the Standard Initial Margin Model (SIMM) for risk analytics, which is crucial for managing financial risks in the banking sector.
Previous Experience at Credit Suisse
Prior to his current position, Jeffrey Nikitin worked at Credit Suisse for a total of four years, first as an Analyst from 2000 to 2005 and then as a Vice President from 2007 to 2011. During his tenure in Zurich, Switzerland, he gained experience in reviewing GMS CVA and counterparty default loss models. His work contributed to the bank's risk management strategies and compliance efforts.
Experience at Barclays Investment Bank
Jeffrey Nikitin held the position of Vice President at Barclays Investment Bank from 2011 to 2014 in New York, New York. In this role, he further developed his expertise in risk analytics and financial risk management. His work involved implementing strategies that aligned with regulatory requirements and enhancing the bank's risk assessment frameworks.
Educational Background in Physics and Financial Engineering
Jeffrey Nikitin has a strong educational foundation in both physics and financial engineering. He earned a Bachelor of Science in Physics from the Moscow Institute of Physics and Technology (MIPT) from 1990 to 1994 and later obtained a Master of Science in Physics from the same institution from 1990 to 1996. He also holds a Master of Science in Financial Engineering from Columbia University, where he studied from 2002 to 2004. Additionally, he completed a Master of Science in Statistics and Applied Mathematics at the State University of New York from 1997 to 1999.
Expertise in Risk Management and Model Validation
Jeffrey Nikitin possesses extensive expertise in financial risk management, particularly in designing stress scenarios and conducting stress testing. He conducts model validation reviews and manages model risk, ensuring compliance with SR 11-07 guidelines. His involvement in the implementation and compliance of the Swap Margin Rule further highlights his commitment to maintaining regulatory standards in the financial industry.