Piu Banerjee

Piu Banerjee, PhD has a strong background in model risk and supervision within the financial industry. Piu is currently serving as the Head of Model Risk at CLS Group since October 2019. Prior to their current position, Piu worked at the Federal Reserve Bank of New York from March 2012 to September 2019 as a Supervising Examiner and Model Risk Expert. In this role, they led strategic planning sessions, interacted with senior leadership at major financial institutions, and played a quantitative lead role in exams conducted by the Federal Reserve. Piu also led numerous Basel AIRB exams to assess compliance with Basel rules. Before joining the Federal Reserve, Piu worked at the Federal Reserve Bank of Philadelphia from July 2010 to March 2012 as a Special Advisor/Senior Specialist - Retail Risk. In this position, they led reviews of model development and validation practices, assessed compliance with Basel rules, and played a leading role in the design and collection of regulatory reports for stress testing exercises. Piu also has experience working as a Vice President at Citi in early 2010 and as a Senior Economist at LECG from October 2005 to May 2009, where they evaluated antitrust risk for M&A transactions.

Piu Banerjee, PhD earned their doctoral degree in Economics from Rutgers University in 2005. Prior to that, they completed their Master of Arts (M.A.) in Economics from Jawaharlal Nehru Vishvavidyalaya. The specific start and end years for their education at Jawaharlal Nehru Vishvavidyalaya are not provided.