Derek Brummer

Derek Brummer is the chief risk officer of Radian Group Inc. In this role, Mr. Brummer is responsible for all aspects of the credit risk management strategy and framework, as well as evaluating credit policy, for Radian and its subsidiaries. Mr. Brummer joined Radian in 2002 and has served as chief risk officer and general counsel for Radian Asset Assurance Inc., where he managed all risk and legal matters for the financial guaranty company and its insured portfolio. Mr. Brummer led all risk management strategy, overseeing portfolio surveillance, reserving, quantitative analytics and modeling, and directing restructurings and workouts. He also played a key role in developing and structuring new product lines and overseeing various underwriting committees. Prior to joining Radian, Mr. Brummer was a corporate associate at Allen & Overy; and Cravath, Swaine & Moore, both in New York. Mr. Brummer holds a bachelor’s degree from the University of Nebraska at Lincoln and a J.D. from New York University School of Law.