Enrico Dallavecchia

In his new role, Dallavecchia will have overall responsibility for credit, market, counterparty and operational risk oversight for all business units within Fannie Mae. Specifically, he will be responsible for measuring, reporting and monitoring Fannie Mae's risk profile, and for formulating risk policies. Dallavecchia joins Fannie Mae from JPMorgan Chase, where he was the head of market risk management for the chief investment office and retail financial services. His responsiblities included oversight of the firm's global investment portfolios and structural FX exposures. He also was responsible for managing market risk for retail, mortgage and small-business banking, as well as auto and student-loan financing. Previously, Dallavecchia also was responsible for managing the market risk of the company's proprietary positioning division on a worldwide basis and co-headed the market risk technology group. From 1997 to 1999, Dallavecchia was based in London, where he was a managing director responsible for the market risk of fixed income and emerging market activities and treasury in Europe and Asia. Dallavecchia's banking career began in 1987, when he joined one of JPMorgan Chase's predecessor institutions, Manufacturers Hanover, in Milan, where he worked on developing derivatives markets in Italy. By 1991, he had assumed the role of risk manager in Milan. Before entering banking, Dallavecchia was a researcher at the University of Venice and served as a lieutenant in the Cadore Alpine Brigade of the Italian army. He holds a degree in econometrics from the University of Venice.