Emmanuel Cheret has over 17 years of experience in the finance sector, currently serving as a senior market operator specializing in derivatives at CREDIT FONCIER since October 2006. In this role, Emmanuel is responsible for optimizing the group's swap portfolio in preparation for Basel III and reducing the value-at-risk associated with Credit Valuation Adjustment (CVA) and margin calls, while also executing hedges for loans to local authorities and public-private partnerships. Prior to this position, Emmanuel worked as a marketing project manager for structured loans at Caisse Nationale des Caisses d'Epargne from September 2004 to September 2006, where focus was placed on marketing innovative products such as inflation-indexed loans and curve slope rate loans. Emmanuel holds a degree from ESCP Business School, obtained between 1999 and 2004.