User:JulianaCheung/sandbox

1988-2009
In 1988, Dr. Golub was one of the eight founding partners of Blackstone Financial Management LP which evolved into BlackRock Inc., a company that he has been working for almost 30 years till now. He served as a Senior Managing Director until 2008. Golub also served as a co-head of Risk & Quantitative Analysis Group and was a co-founder of BlackRock Solutions, which is the analytics and risk management division business of BlackRock, Inc., beginning in 1995. As a co-head of Risk & Quantitative Analysis Group in BlackRock Solutions until 2009, Golub had led the team to ensure portfolio risks are consistent across mandates, reflect current investment themes within particular strategies, and comply with client-specific risk guideline. Also, by leveraging Aladdin Platform, industry-leading operating system within BlackRock Solutions, to integrating risk, investment and client management to assess and process manager investment, market and liquidity risk.

2009-present
Dr. Golub is the chair of BlackRock’s Enterprise Risk Management Committee and served as the Chief Risk Officer at BlackRock Inc. since 2009. He has ensured that the BlackRock remains true to its legacy and keeping risk management as a core piece of its fiduciary culture. Golub is responsible for the investment, counterparty, technology and operational risk of all assets managed by BlackRock. Being a Chief Risk Officer, Golub insisted on a research and development project to study data from the bottom, understand the underlying assumptions, and refine the model as needed. Even though it was expensive and unpopular, Golub still pushed hard because of the considerable exposure. And this push led to pulling back some of the investments, refining the strategies and enabling BlackRock to navigate the storms better than just about anyone else during the ensuing financial crisis. Golub made his reputation through his critical thinking and analytical skills in risk management. He helped BlackRock to grow $4.72 trillion assets under management in 2015. In the post-crisis period alone, the company have almost quadrupled and now represent roughly 13% of total assets under management in the US. It showed Dr. Ben Golub as a CRO has been playing a critical role in BlackRock's success.

Reference List

 * 1) ^ "Bennett Golub Awarded Risk Magazine’s Lifetime Achievement Award." BusinessWire. January 28, 2016. Retrieved December 5, 2018
 * 2) ^ "Ben Golub-Chief Risk Officer". BlackRock.com. Retrieved December 5, 2018
 * 3) ^ "Executive Profile: Bennett W. Golub". Bloomberg. Retrieved December 5, 2018
 * 4) ^ "Lifetime achievement award: Bennett W Golub".Rick.net. January 27 2016. Retrieved December 5, 2018