1. Emmanuel Gaffet
 :
emmanuel_gaffet@yahoo.fr
Born 6th of may 1972
French
HEC Paris alumni ; varied experien c e s in Capital Markets and Asset
Manage m e n t
Expertises in Risk Manage m e n t , Audit, Project Manage m e n t and Equity &
Fund Derivatives.
PROFESSIONAL EXPERIENCE
Since
July
2014
Amundi Asset Manage m e nt (Paris) |Head of Insurance, Private
Debt and Dealing Risk Management
 Chief Risk Officer of Amundi Intermédiation (subsidiary dedicated to orders
negotiation for Amundi group and external clients)
 Investment guidelines monitoring & risk management (risk analysis &
guidelines) for Insurers and Private Debts portfolios (~ 350 B€, ~ 500
portfolios, all asset classes)
 Relationship management on risk topics for main Insurer clients -
coordination of Insurers clients risk topics within the Group.
 Group risk policies ownership (counterparty risk, buy & watch credit
investment, private debt, …) - Supervision of BFT IM risk team
Since
Feb.
2009
Amundi Asset Manage m e nt (Paris) |Deputy Global Head of
Equities, Balanced and Specialised Portfolios Risk Management
 Direct Management of a 6 Balanced Risk Managers team, supervision of
other teams in Milan, Madrid, Luxembourg and New York. Acting as a
deputy on the other areas of the risk management pole (equities, real
estate, alternative, private equity).
 Teams role : establishing the control framework, monitoring of the various
risks (external and internal investment guidelines - operational,
credit/counterparty, valuation risks) ; client meetings.
 Senior Risk Manager for Balanced portfolios, supervising balanced
portfolios monitoring across the Risks Business Line
 Risk projects coordination : EMIR/Dodd implementation, internal
organisation projects, launch of a real estate open ended fund.
From
Sep.
2007
to Jan.
2008
Amundi Investm e nt Solutions (ex CASAM – Paris)
Structurer for Crédit Agricole-CIB, Equity and Fund derivatives.
1 - Deal structurer: responsible for complex deal execution, coordinating with
Sales, Traders, Legal and other support functions and distribution partners.
2 – Wrappers development for the UK market: set- up of a SPV (closed ended
Jersey fund platform - “PCC”) and structured deposits, adaptation of warrants.
3 - Responsible for the relationship with external asset managers on which
Amundi IS or CA-CIB had invested in (distribution & rebate agreements).
4 - Transversal topics: review of the subscription process of Amundi IS funds
(e.g: FundSettle), review of legal/regulatory frame of some MENA countries…
 Products dealt : structured investment products, financing solutions, …
 Underlyings : equities, indices, commodities, funds and hedge funds
(including custom made created funds).
From
Nov.
2004
to Sep.
2007
BNP Paribas , Equities & Derivatives (Paris)
Business Manager (“COO”) for the EQD Sales teams. Partly focused on the
development of BNP Paribas business with hedge funds.
1 - Development of new products/activities: project coordination with other
Trading, Operations, IT, Legal, Compliance and Risks functions. Examples:

2. Synthetic CBs, Prime Brokerage /Synthetic Prime Brokerage, Delta one
certificates, Variance swaps and Certificates, …
2 - Streamline organisation and systems sponsorship. E.g: standardise and
automate Flow products term sheets, CRM system design, OTC confirmation
or collateral management process smoothing…
3 - Revenues and Costs analysis, set up of various management reporting
4 - Crisis management: e.g supervision of unwinds when the Amaranth hedge
fund collapsed.
 Product range : Structured Products, OTC Flow offer, Financing solutions,
Strategic Equity, Exchange traded Warrants /Certificates, .. .
 Teams locations : Tokyo, Hong Kong, Paris, London & New York.
 Clients : Hedge Funds, Funds, Private Banks, Insurance Companies, Bank’s
Propietary desks, Corporates.
From
Feb.
2001
to Nov
2004
Senior business analyst . Worldwide front to back coverage on the whole
range of equity derivative products.
 New products structuration and process .
New business set up: Project Management in coordination with Front,
Legal, Risk, and Operations teams. Examples: creation of Harewood
Asset Manage m e n t company (trackers, formula funds and alternative
funds) /ADR market making and arbitrage in Tokyo and Brazil.
New products validation : member of the committee reviewing the
transactions: front to back process, IT requirements, Tax, Legal and
Compliance issues.
 Post merger organisation of the foreign desks (stayed 8 months
abroad in New York, Hong-Kong and Tokyo…).
Systems and process analysis, change management , in site (abroad) and
from Paris.
Ensure processes coherence between the foreign desks and the main Paris
one.
From
Feb.
1999
to Feb.
2001
CCF/HSBC , General Inspection (Paris) |Inspector : audit and
consulting missions in France and Benelux.
 Capital Markets . Review of front to back procedures of several equities,
bonds and forex trading rooms of the Group.
 Asset Management . Focus on operational and regulatory risks of salary
savings and private banking subsidiaries.
 Retail Banking . Credit reviews and procedures control.
From
Aug.
1996
to Feb.
1999)
Banques Populaires, General Inspection (Paris) | Inspector :
audits of the French Group Banks and subsidiaries.
 Leasing subsidiaries . Review of profitability and commercial
organisation.
 Retail Banking . Credit review. Procedures and organisation audits.
Military
Service
Cavalry Officer (10 months, Saumur & Lure) : responsible for training and
managing a 20 conscript’s combat section equipped with armoured vehicles.
Intern-
ships
Price Waterhous e (3 months, Paris): accounting audits in various
industrial firms.
Sepic- Modulo (3 months, Paris): analysis of the European faked bricks
market.
Caisse d’Epargn e (2 months, Amiens): trainee in a retail agency.
EDUCATION

3. 1992/199
6
HEC (Jouy-en-Josas) : leading French “Grande Ecole” (Master in
Management).
Specialisation in Finance and Accounting.
1990/199
2
Lycée Sainte Geneviève (Versailles) : preparatory class for French
business schools. Admitted to HEC, ESSEC, ESCP-EAP, …
FOREIGN LANGUAGES
English Fluent (working language).
Spanish Very good level ; several stays in Spain and Cuba.
HOBBIES
Sports Martial arts, running, treks ...
Sci-Fi Science fiction novels, pictures, mangas, …
Music Playing the guitar