Steve Allen is a Managing Director of JPMorgan Chase & Co., in charge of Risk Methodology. The Risk Methodology group is responsible for developing risk measurement and risk capital methodology for both credit risk and market risk, for research on risk issues, and for reviewing the firm’s valuation models. He began his career in 1967 with Chase, where his assignments included Deputy Director of Management Science and Manager of Modeling and Systems for the Asset-Liability Committee. From 1981 through 1991, he was Director of Research for Chase’s trading activities, in charge of the development of models and analytics. His risk management career began in 1991 with the North American Division of Union Bank of Switzerland, where he was Market Risk Manager for Fixed Income Products.

In 1995 he joined Chemical Bank as head of Market Risk for Derivative Products.
Steve studied mathematics as an undergraduate at Columbia College and as a graduate student at New York University’s Courant Institute of Mathematical Sciences. He currently teaches Risk Management in and is Deputy Director of the Masters in Financial Mathematics program at Courant. He is co-chairman of the Credit and Risk Committee of the Bond Market Association. He is the author of Financial Risk Management, recently published by John Wiley, and co-author of Valuing Fixed Income Investments and Derivative Securities.