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Macro Risk Advisors creates new training and recruiting program

Wednesday, April 10, 2013
Opalesque Industry Update: Macro Risk Advisors (MRA), a leading provider of risk analysis and derivatives trade structuring for institutional investors, is aggressively expanding its research-intensive recruiting and training program to capitalize on shifts occurring at the nation’s large banks and sell side firms.

The initiative has led to the hire of Pravit Chintawongvanich, who will support MRA’s analytics effort. Mr. Chintawongvanich will report to George Lam, Head of Risk Strategy, and help execute the firm’s ambitious plan to enhance the suite of quantitative models made available to clients. He will focus on building decision-making tools that help MRA’s clients evaluate trade ideas, back test hedges and better understand and manage risk.

Mr. Chintawongvanich was formerly at RBC Capital Markets where he was an associate on the equity derivatives trading desk, assisting in execution and pricing, and building tools to manage volatility data and price option structures. He holds an M.S. in mathematical finance from the University of Toronto and a B.S. in electrical engineering from New Mexico State University.

“In the unsteady aftermath of the financial crisis, institutional investors need a trusted partner who can help them strengthen their portfolios,” said Dean Curnutt, founder and CEO of MRA. “We see a unique opportunity to expand our core expertise of analyzing global market risk on behalf of clients.”

MRA has also hired Evan Karp from BMO as a junior sales trader, working under senior institutional sales trader and principal Drew Forman. Mr. Karp is a graduate of Emory University. Roger Masi has also joined MRA to support the firm’s clearing and operations effort, reporting to John Luttenberger, Head of Compliance and Operations. He was previously with Morgan Stanley and is a graduate of Rutgers College.

Both Mr. Karp and Mr. Masi will participate in MRA’s unique Training and Mentorship Program, a set of modules that teaches financial market theory and how to support institutional clients through hands-on exercises in present-day market conditions.

“MRA is capitalizing on the substantial change afoot in the brokerage industry by expanding our staff in a significant way,” said Mr. Curnutt. “As the industry downsizes, we see a compelling opportunity to invest in today’s young professionals, and we are committed to providing them with an engaging and competitive environment for learning and growth.”

MRA provides conflict-free market strategy and execution services to a client base of institutional and alternative managers, with combined assets under management in excess of $250 billion. Founded in 2008, MRA is a FINRA-registered broker/dealer known for its sophisticated and unique analysis of global macro risks, volatility and equity derivatives.

Macro Risk Advisors

Press Release

BM

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