Marcelo G. Cruz

Marcelo Cruz is an adjunct professor at the New York University. Formerly he was the Group Chief Risk Officer of Aviva, the largest UK insurer and also an associated partner at McKinsey & Co.

Previously Marcelo was Global Head of Operational Risk Analytic and Quantitative Risk Analytics at Lehman Brothers and was the Managing Director and founder of RiskMaths a boutique consultancy focused on risk management and more specifically operational risk. Marcelo also worked on UBS AG, the Swiss bank, for 3 years as head of operational risk having worked in London and New York. Before UBS he also worked as a chief economist/strategist for an investment bank and as a derivatives trader (fixed income) for JP Morgan where he was involved in structuring, managing and trading fixed income derivatives.

He wrote one of the bestselling books in risk management (“Modeling, Measuring and Hedging Operational Risk”, Wiley 2002), and has written and edited other books in risk management. He is the Editor-in-Chief of the Journal of Operational Risk and sits on the board of other publications. He was also part of the GARP Board of Trustees. He holds a PhD in Mathematics by the Imperial College in London, a M.Sc. In Financial Mathematics, an MBA and a BSc. In Economics.