Michael Duane is a Partner in Oliver Wyman’s Finance and Risk Management practice based in New York. Mike serves North American financial institutions and has broad expertise across a range of finance and risk themes, including risk measurement and management, regulatory response, stress testing, capital planning, risk organization / governance, and strategic planning / business management
Selected project experience includes
- For multiple US BHCs, led CCAR development/remediation across the full spectrum of activities, including scenario design, analytical modeling, governance, organizational structure and capital plan development
- For a major US financial institution, led a review of current ALM and liquidity practices/capabilities within the Corporate Treasury, developed target state capabilities and resultant infrastructure needs, developed a comprehensive set of recommendations focused on process, governance, analytics, and infrastructure
- For a major US financial institution, led a collaborative effort to create an overall strategic plan, including several proposed organizational changes, and supported senior management in converging on plan specifics and communicating to the rest of the institution
- For a major US financial institution, led an evaluation of the institution’s capital allocation framework (regulatory, economic, CCAR post-stress) and devised potential approaches for allocation of post-stress capital
- For a US regional bank, led pro-forma analysis of LCR position under the proposed rule and identified potential strategic moves to improve positioning
Mike is also the co-author of several industry publications on the topics of liquidity risk, strategic planning, and stress test analytics (PPNR)
Mike joined Oliver Wyman in 2007. He graduated with Highest Honors from Princeton University