Jared Forman FSA, CERA, FRM
Principal, Advisory Services, Dixon Hughes Goodman, LLP
Industry Experience
Jared is a Principal with extensive risk practitioner and consulting experience with large global financial institutions. Jared began his career as an actuary advising clients on pension asset and liability risk issues. Now he consults with clients on risk and capital management topics, including governance and organization, Federal Reserve Comprehensive Capital Analysis & Review (CCAR), Dodd-Frank Act compliance and risk strategy.
Jareds experience includes:
Documented the end-to-end process for CCAR at a global bank including comprehensive process flows, inputs and outputs, key dependencies, timeline and methodology for the Pre-Provision Net Revenue (PPNR) or business forecasting process and several stress calculation processes
Developed a comprehensive control framework for a large global financial services firm's CCAR processes including governance, process and data controls, model risk management, model validation and documentation requirements
Assisted global financial services firm in implementing the requirements of CCAR including the review of pro-forma income statements and balance sheets under three stress scenarios and analysis of strategic capital and liquidity planning actions.
Provided guidance, practical considerations and draft governance framework to a Non-Bank Systemically Important Financial Institution (SIFI) for their business forecasting process in relation to the Comprehensive Capital Analysis and Review (CCAR) requirement
Provided direction on documentation standards and expectations from the Federal Reserve across many areas of the CCAR process including effective challenge, process documentation, results presentation, scenario design and capital plan
Assisted global bank in implementing the Resolution Plan (Living Will") requirement of the Dodd-Frank Act including working closely with senior management to develop operational continuity strategies, developing detailed business descriptions and consulting on the approach for the orderly wind-down of financial contracts in bankruptcy
Jared is a Chartered Enterprise Risk Analyst and Fellow of the Society of Actuaries, and a Financial Risk Manager.
Jared is a Principal with extensive risk practitioner and consulting experience with large global financial institutions. Jared began his career as an actuary advising clients on pension asset and liability risk issues. Now he consults with clients on risk and capital management topics, including governance and organization, Federal Reserve Comprehensive Capital Analysis & Review (CCAR), Dodd-Frank Act compliance and risk strategy.
Jareds experience includes:
Documented the end-to-end process for CCAR at a global bank including comprehensive process flows, inputs and outputs, key dependencies, timeline and methodology for the Pre-Provision Net Revenue (PPNR) or business forecasting process and several stress calculation processes
Developed a comprehensive control framework for a large global financial services firm's CCAR processes including governance, process and data controls, model risk management, model validation and documentation requirements
Assisted global financial services firm in implementing the requirements of CCAR including the review of pro-forma income statements and balance sheets under three stress scenarios and analysis of strategic capital and liquidity planning actions.
Provided guidance, practical considerations and draft governance framework to a Non-Bank Systemically Important Financial Institution (SIFI) for their business forecasting process in relation to the Comprehensive Capital Analysis and Review (CCAR) requirement
Provided direction on documentation standards and expectations from the Federal Reserve across many areas of the CCAR process including effective challenge, process documentation, results presentation, scenario design and capital plan
Assisted global bank in implementing the Resolution Plan (Living Will") requirement of the Dodd-Frank Act including working closely with senior management to develop operational continuity strategies, developing detailed business descriptions and consulting on the approach for the orderly wind-down of financial contracts in bankruptcy
Jared is a Chartered Enterprise Risk Analyst and Fellow of the Society of Actuaries, and a Financial Risk Manager.