Jun 2017 – Present · 8 yrs 9 mos · Singapore and Shanghai, China

• Consultant to start-ups and established players in insurance and asset management. I help them navigate the uncharted waters associated with the latest cognitive, AI, blockchain and analytic technologies. Great at cutting through the hype to establish valid use cases with calculable ROI and long term business impact. As an long-term China and Asia expert am also happy to help you explore how to bring your business to the East.
• Always looking for new clients and opportunities where I can make a difference. If you have any recommendations, feel free to drop me a message on LinkedIn or email me at: richard_turrin@yahoo.com

Apr 2016 – Jun 2017 · 1 yr 2 mos

• IBM’s Cognitive Studios Singapore is the regional hub that hosts more than 150 designers and digital experts that provides next-generation services dedicated to digital reinvention and transformational outcomes.
• My role is to bring paradigm-shifting FinTech to the banking industry in Asia. From Blockchain to AI Robo-Advisors, I applied the latest IBM technologies to real world problems faced by our banking clients. I also use the same vision to provide strategic direction to our sales teams throughout APAC so that they can better understand their banking client’s needs. I am a tireless evangelist for using technology to democratize access to financial markets.
• I served as the banking industry head at IBM Studios to reimagine banking, create a FinTech ecosystem, managed a team of 8 data scientists, and sell analytic financial solutions bringing in $50million in related sales.

Mar 2013 – Apr 2016 · 3 yrs 1 mo

• IBM risk analytics solutions enable the world’s most successful companies to make risk-aware decisions through smarter enterprise risk management programs and methodologies—driving business performance and better outcomes.
• I was a Senior Executive responsible for IBM’s risk management and FinTech business and specifically staffing, strategies, product development, legal and marketing. I revolutionized the risk business by originating and structuring a partnership with Shanghai Wind Information to use IBM risk FinTech on Wind Info trading terminals throughout China.
• I was also the winner of the “Risk Technology Product of the Year” in the 2015 Risk Awards based on the unique hybrid cloud based system deployed at Wind that fully complies with China’s stringent data security laws. I also organized and spoke (in Mandarin) at multiple conferences including IBM’s first ever risk conference at Shanghai Advanced Institute of Finance.

Mar 2011 – Jul 2014 · 3 yrs 4 mos · Shanghai City, China

• Hult International Business School is a global business school with campus locations in San Francisco, Boston, London, Dubai, Shanghai, Hertfordshire, and New York City.
• I served as a professor bringing math and business analytics to life by using real world examples. At Hult, I taught MBA Mathematics and Applied Finance to 115 students and delivered a special lecture series in applied finance. I really enjoyed mentoring students and matching them up for jobs.

Nov 2007 – Mar 2013 · 5 yrs 4 mos · New York and Shanghai

• Advisor on outbound private equity transactions and capital markets consultant.
• Sit on the advisory board of a China based Series-B smarter cities thought leader

Aug 2007 – Nov 2007 · 3 mos

• Performed “damage control” with 50 major issuers during the worst of the global financial crisis in a newly formed team.
• Sold synthetic CDO pricing software, participated in beta testing and worked with the coding team.

Dec 2003 – Aug 2004 · 8 mos

• Founded team of 5 and originated $16 million in new credit risk management transactions.
• Developed new credit intermediation products for banks and insurers to monetize CBA’s AA rating.
• Evaluated new deals, managed legal team, and assisted in the quantification of the bank’s risk
• exposures.

Mar 2001 – May 2002 · 1 yr 2 mos

• Founded a team of 5 to bring new risk management products and technology to the bank.
• Designed and built a Bermuda based reinsurer that generated $5 million in annual reduced capital
• charges.
• Introduced weather derivative and tax efficiency trades to modernize the bank and bolster trading
• revenue.
• Responsible for development and testing of proprietary trading computer codes.

Jan 1996 – May 2000 · 4 yrs 4 mos

• Started new team of 7 while generating profitability of $2.5 million annually on new transactions.
• Formed a joint venture company with strategic partner AXA, to bring insurance linked securities to
• market.
• Originated a $3 mil. risk management consulting IT project with PEMEX and supervised coding teams.
• Responsible for the negotiation and sale of $80 mil. in insurance linked securities.

Aug 1991 – Jan 1996 · 4 yrs 5 mos

• Lead new international team of 12 professionals generating $10 mil in sales and the first ever sold in Japan.
• Represented AIG in special testimony at the House of Lords.