Dale Michaels is executive vice president, financial risk management at the OCC. He was appointed to that position in September of 2016, replacing John Fennell, who was promoted to executive vice president and chief risk officer. He is responsible for OCC's market, credit and liquidity risk, default management, customer margin methodologies and model development activities.
Michaels joined OCC in January 2016 to work on the company's securities lending initiatives after a long career in risk management at CME Group, where he led the integration of the risk management and clearing functions involving CME Group, The Chicago Board of Trade, the New York Mercantile Exchange and COMEX. He has more than 30 years of industry experience.
Michaels received a BS in Finance and Economics from Illinois State University and earned his MBA in Finance from DePaul University. He also holds a Chartered Financial Analyst Designation.
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