Standard & Poor’s has hired Michael Dooley to its Securities Evaluations Interest Rate Swaps pricing team. Dooley is the latest addition to the growing staff of pricing specialists supporting complex and structured asset classes. Dooley has more than 18 years of experience and has worked at such firms as Prudential Securities, Sumitomo Bank Securities and Massachusetts Mutual Life Insurance Company. Dooley will assume his position immediately.
“In recent months, we have been expanding our staff and evolving our services to meet our customers’ increasingly complex mark-to-market needs,” says J.R. Rieger, Standard & Poor’s vice president of Securities Evaluations. “While expanding our pricing capabilities to the taxable asset classes, we added Michael to our Interest Rate Swaps team to support our clients’ growing needs to price complex structures.”
Prior to bringing Dooley on board, Standard & Poor’s Securities Evaluations convened user groups in New York, San Francisco and Boston to help assess customer requirements for independent bond pricing. The next Securities Evaluations user group is being held in Chicago in June 2005.