David joined Capitolis in 2017 from State Street, where he was a Managing Director and the Global Head of In-business Risk Management for the firm’s Trading and Clearing businesses, including GlobalLink and the FCM. Prior to State Street, he held several senior risk management roles at Morgan Stanley for over a decade, as a quantitative specialist in their Fixed Income Modeling group assigned to the CVA desk and as a risk manager for the OTC clearing business. In 1997, David began his career in finance at Citigroup, where he served in a variety of positions focused on risk management, eventually exiting Citigroup as the Global Head of Risk Analytics managing the group responsible for the analytics necessary to measure counterparty exposure for all derivatives products.
David co-chaired a sub-committee of the New York Federal Payments Risk Committee focused on CCP risk while at Morgan Stanley and State Street and was a member of various CCP risk committees at Morgan Stanley.
He has a background in physics and holds a PhD in Theoretical Physics from the University of Alberta.