Marcelo Cruz

Editor-in-chief: Marcelo Cruz

JOP is the single best source of quality papers in the area anywhere in the world. It is a must-read for anyone working in operational risk.

Marcelo Cruz is the Editor-in-Chief of The Journal of Operational Risk and adjunct professor at the New York University. He is also Managing Partner of Yacamy Advisors, a global consulting firm.

Previously he was the Executive Vice President and CRO at several financial institutions like Ocwen Financial Corporation,  E*Trade and Aviva. He was the global leader of Operational Risk for Morgan Stanley, Lehman Brothers and UBS. He was an associate Partner at McKinsey & Co. Before that he was the Managing Partner and founder of RiskMaths a boutique consultancy focused on risk management and strategy. 

Early in his career Marcelo worked as a chief economist/strategist for an investment bank and as a derivatives trader for JP Morgan where he was in charge of structuring and trading OTC products. He is the author of several books in Risk Management and Operational Risk. 

Marcelo Cruz is recognized worldwide in the financial industry as a leader in operational risk and one of the top names in risk management. He is a member of the board of many publications and industry associations. He is a sought after speaker in many seminars and conferences in several countries. He wrote the first academic article on operational risk in 1998 and has published many articles on the subject since then. He wrote the best seller book on operational risk (“Modeling, Measuring and Hedging Operational Risk, Wiley 2002). He wrote/ edited other books in risk management.

He also participates in other books with other top names in risk management. He was a member of the Industry Technical Working Group that helped to develop the new Basel Accord. He was also a Trustee of the Board of GARP and currently sits on the Research Committee of PRMIA.

He holds a PhD in Mathematics by the Imperial College in London, a M.Sc. in Financial Mathematics, an MBA and a B.Sc. in Economics.

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Marcelo Cruz




















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