Faculty

Stanley Dash, CMT began his career on Wall Street with E. F. Hutton & Co. in 1975. His experience includes institutional and retail trading, management, operations and compliance with Hutton and with other firms. Dash also was an active floor trader at COMEX, one of the leading U.S. futures and options exchanges. For many years he was the Vice-president, Applied Technical Analysis, at TradeStation Securities.

In the fields of training and public speaking, Dash has had a long affiliation with the New York Institute of Finance, in addition to his work as an instructor for the IFM. He also was on the IFM team that developed the joint NASD (now FINRA) and NFA security futures training program.

He is registered as an associated person (futures) and general securities principal. Dash is a Chartered Market Technician CMT) and a member of the Market Technicians Association. He also is on the Editorial Board of the Association's Journal of Technical Analysis.

Neil J. McKenzie has been involved in financial markets technology and trading for more than 20 years in the U.K, Gibraltar, and the U.S. He currently serves as part-time instructor and options trader for The Arb Group, a proprietary trading firm. Previously he spent seven years as a trader with Dragon Worldwide Holdings Ltd., in Gibraltar, and five years as an options market maker and trader for Denali Trading in Chicago.

McKenzie was a managing director for RTS Realtime Systems, where he was responsible for providing technology for trading and risk management on 35 global exchanges, and coordinated the implementation of the firm's first US-based exchanges. Prior joining RTS, McKenzie served as the electronic trading manager for ABN AMRO (MeesPierson) where he implemented and managed the firm's move into screen-based trading, and grew the trading arcade from 3 to 100 traders on four exchanges. During his tenure, he also was responsible for managing relations between traders, risk, back office, software vendors and exchanges. His responsibilities also included serving as risk officer where he was responsible for the management of a portfolio of stocks, futures, and options clients, including stock and index market makers, arbitrage firms and locals. His earliest industry experience also includes positions with the Bank of England in their Wholesale Markets Supervision Division and Markets, and Systems Division of the Derivatives Market Group.

McKenzie has been an adjunct professor at the Illinois Institute of Technology and Northwestern University Kellogg School of Management. He holds a Master of Science degree in Economics from the University of Bristol, and a Masters of Arts degree in Economics from St. Andrews University, Scotland.

John Sanaghan is an ethics and professional conduct training expert whose diverse background provides a range of practical and academic experience in the exploration of ethics, professional conduct and education, not found in programs provided by commercial vendors. Before joining the Institute, Sanaghan worked as a floor trader on the MidAmerica Exchange of the Chicago Board of Trade, and served as the executive director of the Calvert Center at the University of Chicago, where his responsibilities included the conduct of seminars on business and professional ethics. He also spent over 10 years teaching and studying ethics education at Northwestern and Yale and previously served many years as a Catholic Priest.

Sanaghan served full-time as the IFM’s Director of Ethics and Professional Conduct Training from 1991 to 2006, prior to returning to the priesthood and the Integritas Institute for Business and Professional Ethics at the John Paul II Newman Center at the University of Illinois - Chicago. He continues to serve as an IFM Associate on a part-time basis and provides specialized professional conduct, ethics and regulatory training content for IFM clients such as New York Stock Exchange and global financial services firms, as well as authors IFM multi-media and computer-based ethics and AML training programs.

Charlotte M. Scott is a broadly accomplished financial services professional with over 25 years of comprehensive experience in Operations and Technology, supporting Global Capital Markets and Investment Banking business lines. Her successful career as a senior-level manager at Credit Suisse, Drexel Burnham Lambert, Paine Webber and Bankers Trust provides the industry expertise and background that has made her a recognized subject matter expert for Operations in financial services firms.

Scott has since built a flourishing management consulting practice that supplies major Wall Street firms with advisory services in the disciplines of business development and analysis, and strategic process re-engineering, with a focus on Middle and Back Office processing. She has directed business projects as a client manager for equities and fixed income cash and derivatives trade support and operations. Her experience in securities services includes process improvement and cost analysis for both prime brokers and custodian banks. She also has overseen software development and implementation projects for her clients, and offers service provider identification, assessment, selection and customization.

With extensive experience as a financial writer, lecturer and instructor, Scott has conducted hundreds of training seminars for banks, brokerage firms, depositories, federal and state agencies, investment management companies, and other organizations. Scott is a graduate of the College of the Holy Cross, and holds a Master's degree from Rutgers University.

Marshall Steeves is a deeply experienced commodities professional with more than 16 years of experience in the futures and energy industries as an analyst, market specialist and consultant. He began his career at a large Futures Commission Merchant as energy analyst, where he focused on physical and future trading in oil, refined products and natural gas. Steeves became a leading authority on energy economics, appearing frequently on CNBC and Bloomberg Television, as well as, in print publications.

Steeves later joined Platts as an Analytics Market Specialist and helped develop a team that led to the sales and marketing of an online platform providing energy market data and analysis. He also has worked for Ventyx Energy as a Business Development Manager. He currently consults for the Energy Management Institute and Atlantic Capital Solutions.

Steeves has a Bachelor's degree in Economics from New York University and a Master's degree in Economics from the London School of Economics.

Marti Tirinnanzi is an expert in financial risk management and hedging strategies using derivatives and swaps contracts. She is skilled at helping market-users understand and navigate new financial regulations related to Title VII of the Dodd-Frank Act. In financial reporting policy circles and in Washington, DC, she is credited for her work for better transparency for derivatives pricing and financial reporting. She also has worked with the Congress, the Commodity Futures Trading Commission and other regulatory agencies and industry groups in addressing the problems of the financial crisis of 2008, chiefly counterparty risk and risk management strategies using derivatives contracts.

During her career, Tirinnanzi served as the senior vice president with TeraExchange, a Swap Execution Facility (SEF) for swaps and other OTC-cleared derivatives. She was appointed Chairman of the Clearinghouse Working Group of the Federal Housing Finance Agency and under her leadership was involved in the Fannie Mae and Freddie Mac transfer of $2 trillion in interest rate swap contracts, the largest derivatives portfolios used for hedging interest rate risk, to central clearing and settlement. Tirinnanzi career experience includes hands on developing and directing a new deal capture and back office operation for national gas and electric commodity arbitrage programs. Tirinnanzi was recognized by Futures Magazine as one of the Top 25 Most Influential People of 2010. She is a nationally acclaimed expert in financial instruments accounting and derivative contracts reporting under U.S. GAAP. Due to her familiarity with fair-value-based accounting standards, she has created the financial reporting compliance protocols for more than 100 highly leveraged public companies.

Tirinnanzi earned her Master's degree from The Johns Hopkins University, and Bachelor's degree in liberal arts from the College of Notre Dame of Maryland. She is an active member of the National Association of Corporate Directors (NACD) and holds a Certificate of Director Education from the NACD Corporate Directors Institute. In addition, she serves as an adjunct professor of banking and finance at The Carey Business School of Johns Hopkins University.

Mayra Rodriguez Valladares has a passion for education and provides training on Basel III, Dodd-Frank, risk management, risk-based supervision, capital markets, and financial derivatives. She has published numerous articles for publications such as American Banker, CME Group, GARP, World Oil, Financial Times Energy, Petroleum Argus, Oxford Economics Forecasting Group, Privatization International, Russian Petroleum Investor, Hispanic Business and Knowledge@Wharton.

Rodriguez Valladares has more than 25 years of financial regulatory and capital, foreign exchange, and energy markets experience. She began her career with the Federal Reserve Bank of New York as a foreign exchange analyst. Subsequently, she was a junior investment banker and later an emerging markets fixed income and equity strategist with JP Morgan in New York and London. Later she joined BTAlex.Brown as a Senior Russian Equity Analyst, where she analyzed Russian oil and electricity companies, along with macro political and economic events in that country.

Rodriguez Valladares has led successful projects in the financial and energy sectors in over twenty countries in English, Russian, and Spanish. She is a graduate of Harvard and Radcliffe Colleges, The Wharton School, and The Lauder Institute of the University of Pennsylvania. Rodriguez Valladares also was a Raoul Wallenberg Fellow at The Hebrew University of Jerusalem.

Mehmet Yanilmaz advises exchanges, OTC platforms, finance software vendors, regulatory bodies, attorneys, economic consultancy firms about markets’ operational, technical and regulatory aspects. He also serves as expert witness on these topics.

He is president of Navus, a business strategy and fintech advisory company; partner at Numéraire Financial, a financial and risk analytics firm; and partner at Myra Trading — all of the firms are based in Chicago. Dr. Yanilmaz also lectures internationally to the financial services community, on a spectrum of topics including Algorithmic Trading, Regulatory Issues and FX Markets. Yanilmaz served as faculty member of engineering and later as business (Kellogg School of Management) at Northwestern University in Chicago, computer science at The University of Chicago and financial engineering at Bogazici University in Istanbul.

He holds a Ph.D. from Syracuse University and B.S from Bogazici University, both in electrical engineering. He speaks French, English and Turkish.