Michael K. Roseman

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Michael K. Roseman
Occupation Former Chief Risk Officer
Employer MF Global Holdings Ltd
Website www.mfglobal.com

Michael K. Roseman is the former chief risk officer of MF Global Holdings Ltd. He joined the company in September 2008 and was responsible for the overall management of the company’s risk department worldwide including market, credit, and operational risk. Disagreements with top MF Global executives regarding European debt positions led to Roseman's departure from the broker-dealer. He was succeeded by Michael Stockman in January 2011.[1]

On Feb. 2, 2012, Roseman and Stockman testified before the House Committee on Financial Services regarding events leading up to the broker-dealer's collapse.[2][3]

Background

Previously, Roseman was the chief risk officer for the Americas at Newedge Group, the inter-broker dealer formed by the merger of Calyon Financial and Fimat Group. Prior to its merger, Roseman was the chief risk officer at Fimat Group.

From 2001 to 2004, Roseman was the head of U.S. risk oversight for Bank of Montreal, where he also served on the bank’s Global Risk Management Committee and coordinated all U.S. regulatory issues. From 1994 to 2001, he held various positions with Sanwa Financial Products, including head of market risk and product control.[4]

Education

Roseman received a bachelor of science degree from the University of Delaware and a master of business administration degree from the Flagler Graduate School of Business at the University of North Carolina.[5]

References

  1. MF Global Risk Chief Once Saw Euro Bets as ‘Acceptable’. New York Times.
  2. MF Global's Former Risk Officers Defend Their Tenures. New York Times.
  3. Statement of Michael K. Roseman, Chief Risk Officer of MF Global Holdings Ltd. from August 2008 to January 2011 (PDF). U.S. House of Representatives.
  4. MF Global Appoints Michael Roseman as Global Chief Risk Officer. Reuters.
  5. Michael Roseman. LinkedIn.