Rafael Silveira, Ph.D., Executive Director, is a Portfolio Strategist in the Global Institutional Solutions and Advisory team. He partners with institutions to design customized solutions and to counsel them in the areas of asset allocation, risk analysis and liability management. Previously, Rafael worked at Bank of America Merrill Lynch’s Chief Investment Officer Group, where he provided expertise on market dislocations and quantitative analysis used for capital commitment and stress testing. He holds a Ph.D. and M.A. in Economics from the University of Pennsylvania - with concentration in macroeconomics, econometrics and computational finance -, a M.A. and B.A. in Economics from the University of Brasilia, and a certification in Advanced Risk and Portfolio Management from Baruch College in New York. Rafael is a member of the American Finance Association and the American Economic Association, and is FINRA Series 7 and 63 licensed.