Charles Gates is a Managing Director at eDelta Consulting, and has over 30 years experience in investment and commercial banking, derivatives, foreign exchange, capital markets, hedge funds, and credit, market and operational risk management consulting. He focuses on credit and market risk management, derivatives and capital markets consulting, and learning & development, for financial institutions and private companies. Illustrative projects include reviews of high-risk credit approval process for a government export agency, market and treasury risk reporting for a foreign bank, review of treasury and capital markets policies and procedures for the NY branch of a foreign bank, pre-IPO analysis of foreign exchange discrepancies for a UK fund of funds, risk analysis of swap driven ETFs for a private equity firm, identification of embedded options in a convertible bond issue with OTC equity options for a US energy company, and review of equity linked note investments for a family owned business. He wrote and researched “Building the Organization to Support the 130/30 Opportunity”, for the prime brokerage consultancy of a major US investment bank; published in the Journal of Investing. As a consultant and trainer, he has served clients such as JPMorgan Chase, Morgan Stanley, Goldman Sachs, Citi, Bank of America Merrill Lynch, Alliance Bernstein, Wells Fargo, Barclays, Citadel, Prudential, Suisse Re, Banco Itau, CICC, Nordea, Bank Leumi, First Gulf Bank, SEC, FFIEC, SIFMA, FINRA, FCA and NYSSA.
Mr. Gates began his career as a credit officer for Citibank, after which he became a founder of Citi’s derivatives business. He completed many “first time” derivatives transactions for Citi, including its first interest rate swap in the United States, its first interest rate swap option, and helped the World Bank develop its swap program. Subsequently, he was global head and founder of First Chicago’s currency swap business, SG Warburg’s international private placement and gold advisory, and Rabobank’s credit derivatives business, completing over $12 billion in credit derivative transactions. Mr. Gates served as Co-Head of the Credit Risk Management practice of Deloitte & Touche, was a Senior Vice President at Financial Risk Management, (a premier global fund of hedge funds), and a Managing Director at Grammer and Co..
Mr. Gates’ work while at eDelta has included credit process consulting, training for regulatory agencies, audits of counterparty credit risk, credit reserve and capital adequacy, operational risk management and expert witness assignments. He is a member of GARP, FIASI, ASP and ASTD. He holds an MBA from Columbia Business School, and a BA from Yale University.