Chief Financial Risk Officer-Elect
Massimo Cutuli is Chief Financial Risk Officer-Elect at OCC, the world’s largest equity derivatives clearing organization.
Mr. Cutuli has more than 25 years of experience in financial services and management consulting. Upon transitioning to CFRO, he will be responsible for OCC's market, credit and liquidity risk, default management, customer margin methodologies, and model development activities.
During his time at Optiver, a derivatives market-making firm, Mr. Cutuli was responsible for all risk oversight of the firm’s U.S. activities including market and operational risk, algorithmic trading controls, principal strategic investment risk due diligence and working with finance on capital optimization. Prior to Optiver, Mr. Cutuli was the Head of Risk for Citadel Securities where he was responsible for risk oversight in North America, EMEA and APAC. Before Citadel, Mr. Cutuli worked in banking at J.P. Morgan and Goldman Sachs, spent some time with PWC's Finance and Risk Advisory practice, and was a quantitative developer for Bloomberg LP.
Mr. Cutuli received a Bachelor of Science in Aerospace Engineering and a Master of Science in Space Science from the University of London, a Master of Science in Aerospace Engineering from Cornell University, and a Master of Science in Operations Research from Columbia University. He has served as a member of the Chicago Mercantile Exchange (CME) and London Clearing House (LCH) risk committees and currently serves on the Board of Trustees of the Astronaut Scholarship Foundation.