President of Securities Asset Management
Mitchel Daner joined us in 1989 . he spent the next five years within the Enterprise Risk Management (ERM) unit and subsequently, 19 (initial) years within the Securities Lending Division. During his tenurein the Securities Lending Division, ultimately assumed the role of global head of the Agency Securities Lending Program in 2015. Chief among his responsibilities was the advancement of customized client solutions with oversight of all requisite risk-return characteristics inherent in the securities lending program and the global prioritization, coordination and execution of key business and strategic initiatives. These efforts were accelerated in 2019 when Mitchel Daner was tasked with consolidating and transitioning the bank’s collateral efforts from essentially a service orientation into a commercially viable, product construct. In the aggregate, these initiatives entailed the strategic advancement of a centrally cleared, sponsored member repo financing product as well as the development of a variety of collateral and funding advisory and optimization strategies and tools. The convergence, integration and totality of these services comes together under the central theme of Financing and Collateral Solutions.