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Peter Stavropoulos, Esq.Executive Vice President, Strategy
Mr. Stavropoulos has had a life-long career evaluating risk and formulating strategy from many perspectives. He was originally trained as an economist at Boston University where he achieved his Bachelor of Arts. He also holds an M.B.A. in finance as well as a Juris Doctor from Fordham University, which he earned simultaneously. Mr. Stavropoulos is also a member of the New York State Bar.
Mr. Stavropoulos started trading Eurodollar and Euro-CD deposits where he started to learn credit risk, pricing risk and trading strategy. While undertaking his graduate studies, he was the administrator for the Center for Advanced Management Studies, and he became fully versed in Total Quality Management, Business Process Re-Engineering, Six Sigma, and System Dynamics.
After completing graduate school, he consulted to Morgan Stanley as an Information Technology consultant in the emerging risk area of Internet Security. He contributed to Internet Security for Business, 1996 by Terry Bernstein, Anish Bhimani, Eugene Schultz, and Carol Siegel, Wiley Publications. His project as Global Head of SecureId Rollout finished, whereupon he moved onto other IT consulting projects.
In 1998 his desire to re-enter the financial services sector resulted in a position as an Associate on the acquisitions desk at Franklin Credit Management Corp. where he purchased sub-prime scratch and dent mortgage loan portfolios. He was able to use his strategy, risk, financial and IT skills in order to create far more precise models than had ever been used before in the firm that included a data warehouse and an internal credit and performance suite of applications that resulted in significantly increased portfolio performance. The stock price of the firm due rose from $2.00 per share to over $20.00 per share in large part because of the risk, strategy, and quality management tools he developed for the company.
In 2000 he left Franklin Credit and went on to Standard & Poor’s where during his 6-year tenure he served a variety of positions that included ranking mortgage servicers, rating mortgage-backed securities, and being a member of the Quality Review Board (now Rating Risk Review). He was instrumental in using his IT skills as well as his financial and quality skills to help automate the financial analysis and implement a formal quality process for the entire Structured Finance Department. The focus of servicer evaluations was a quality assessment of the possible operational and financial risk that the ranked servicers faced, and the Quality Review Board was focused on the assessment of the operational and financial risk that Standard & Poor’s faced in the securitized products space. Mr. Stavropoulos then formulated the strategy for the ratings groups to avoid rating risk pitfalls.
In 2006, he left Standard & Poor’s to join Sailfish Capital, a hedge fund where he was Senior Credit Strategist and Portfolio Manager. He managed risk and strategy for the Structured Finance portfolio that his team managed. Furthermore, due to Mr. Stavropoulos’ legal background, he was instrumental in mitigating any contractual risk that the hedge fund investors faced by negotiating several of the agreements with the underwriting syndicate for the securities Sailfish issued.
Mr. Stavropoulos then worked with Kroll Bond Ratings, Inc. where he drafted their legal criteria, and helped formulate their RMBS model. He also worked with Interactive Data Corporation where he was tasked with helping their clients’ boards comply with accounting rule non-compliance risk, as well as mitigating the risk of non-compliance with Dodd-Frank.
Having a desire to exercise his legal skills, Mr. Stavropoulos has been advising clients at Davis & Trotta regarding the legal risk and strategic challenges they face in the matters that they were involved with. These matters included the risk components of, litigation, transactions, corporate governance, real estate, operational, and finance.