Nisso Bucay
About Nisso Bucay
Nisso Bucay serves as the Assistant Vice President of Risk Analytics at the Federal Reserve Bank of New York, where he has worked since 2013. With 19 years of experience in finance and risk management, he has held significant roles at major financial institutions and has a strong academic background in economics.
Work at Federal Reserve Bank of New York
Nisso Bucay has served as Assistant Vice President of Risk Analytics at the Federal Reserve Bank of New York since 2013. In this role, he is responsible for overseeing risk analytics initiatives, contributing to the bank's mission to promote a sound financial system. His tenure at the Federal Reserve Bank spans over 11 years, during which he has played a significant role in enhancing risk assessment methodologies and frameworks.
Previous Experience in Banking
Before joining the Federal Reserve Bank of New York, Bucay worked at Bank of America as Senior Vice President, CFO Risk - Model Validation from 2009 to 2013. He also held the position of Vice President, Risk Models at Wachovia Corporation from 2005 to 2009. His extensive experience in these roles has contributed to his expertise in risk management and financial modeling.
Education and Expertise
Bucay studied at the Instituto Tecnológico Autónomo de México, where he earned a Bachelor of Arts in Economics from 1977 to 1982. He furthered his education at Harvard University, achieving a PhD (ABD) and a Master's degree in Economics from 1982 to 1986. His academic background supports his professional skills in risk management, strategic planning, and economic analysis.
Role in Basel II Program
Bucay played a key role in the Basel II program, focusing on the estimation of underlying risk parameters for financial institutions in both the U.S. and Canada. His involvement in this significant regulatory framework highlights his expertise in risk assessment and regulatory compliance within the banking sector.
Technical Proficiencies
Bucay is proficient in various analytical tools essential for financial and risk analysis, including MATLAB, SAS, Microsoft Access, and Microsoft Excel. His technical skills enable him to implement enterprise-wide economic capital and performance measurement frameworks, further enhancing his contributions to risk analytics.