Marc Saidenberg is a Principal in EY’s Financial Services Advisory practice and is the co-lead of EY’s Global Regulatory Network. He focuses on risk- and regulatory-driven transformational change facing global financial institutions. He has worked with clients globally to enhance capital management and stress testing, liquidity risk management, risk governance, model risk management and recovery and resolution planning capabilities. Marc is currently working with clients on initiatives to address emerging challenges related to digital business and risk transformation, privacy and operational resilience.
Marc has over 20 years of banking experience and extensive cross-jurisdictional regulatory and supervisory experience, including more than 15 years with the Federal Reserve Bank of New York where he was a senior vice president and director of supervisory policy. While at the Fed, Marc was a member of the committee that developed the supervisory strategies and standards and oversaw the assessments of the US GSIBs. He was also a member of the Fed’s Comprehensive Capital Analysis and Review (CCAR) and Comprehensive Liquidity Analysis and Review (CLAR) executive committees. In addition to his senior leadership roles in Supervision, Marc also represented the New York Fed on the Basel Committee on Banking Supervision and served as co-chair of the Committee’s Working Group on Liquidity during the development of the Basel III capital and liquidity standards.
Marc was also a Managing Director at Merrill Lynch, working in its Finance and Treasury functions. He received a Ph.D. in Economics from the University of California at Berkeley and a BA in Economics from Vassar College.