Mr.
Wagner is a Senior Advisor in Houlihan Lokey’s Financial and Valuation Advisory business and a senior member of the LIBOR Transition Advisory Services (LTAS)
practice, where he focuses on
the unique industry-wide transformation from the London Interbank Offered Rate
(LIBOR) interest rate benchmark to alternative benchmarks, such
as the Secured Overnight Financing Rate (SOFR). Mr. Wagner has nearly three decades of experience
in underwriting and investment banking as well as structuring, marketing, and
trading complex derivatives. He is based in the firm’s New York office.
Before
joining Houlihan Lokey,
Mr. Wagner held several positions at the Royal Bank of Scotland, including on
the U.S. management team, the Board of RBS Securities Inc., the Board of Tradeweb,
and as the RBS representative to the Federal Reserve’s Alternative Reference
Rates Committee (ARRC). He
served on the ARRC from its inception in 2014 through 2018 and directly
participated in the creation and selection of SOFR and contributed to the Paced
Transition Plan, which has guided the industry as we approach the potential
cessation event.
As
an RBS Markets Senior Manager, he executed strategic transformations;
conversion from a U.S. branch to a U.S. representative office, including all
the systems, operational, risk, regulatory, and funding implications of that
change; hybrid outsourcing and offshoring of securities processing technology
and operations; conversions of local risk engines to global integration; and
upgrading of machine-based electronic trading systems.
Mr.
Wagner is also on the Adjunct Faculty of Fordham University, where
he teaches a course in traded
credit products and
mentors students and early-stage
professionals
in financial markets careers.
Mr.
Wagner holds a B.A. in Economics from Case Western Reserve University and an
MBA in Finance from New York University’s
Stern School
of Business.