WASHINGTON, D.C.— Peter Rappoport, after 29 years at JP Morgan Chase, including serving as a Managing Director for two decades, has joined Better Markets as a Senior Fellow. At the bank, Mr. Rappoport led quantitative teams in the Investment Bank’s Fixed Income, Credit and Derivatives areas, Asset Management, Model Validation, and most recently, the Analytics Group in Compliance, Conduct and Operational Risk.
“The importance of data in finance and markets cannot be overstated, and Peter’s unparalleled data analytics abilities will strengthen our advocacy across all the agencies,” said Dennis Kelleher, Better Markets President and CEO. “Peter brings invaluable insights and experience to our work on banking, economics, finance, securities, and derivatives. Peter has already had a significant impact on our analytical capacity and strategic positioning of key issues, and we look forward to many years of successfully advancing the public interest.”
At JP Morgan Chase, Mr. Rappoport’s work ranged from quantitative and statistical analysis of financial instruments for the bank’s wholesale and institutional clients to pricing credit risk, reviewing stress test models, and developing statistical frameworks for anti-money laundering, employee conduct, and customer complaints. He previously served an Assistant Professor of Economics at Rutgers and NYU and an Economist at the New York Federal Reserve Bank. Mr. Rappoport is a graduate of Oxford University, England, and received a Ph.D. in Economics from the University of California, Berkeley.
Better Markets is a non-profit, non-partisan, and independent organization founded to promote the public interest in the financial markets, support the financial reform of Wall Street and make our financial system work for all Americans again. Better Markets works with allies—including many in finance—to promote pro-market, pro-business and pro-growth policies that help build a stronger, safer financial system that protects and promotes Americans’ jobs, savings, retirements and more. To learn more, visit www.bettermarkets.org.