Banco Popular de Puerto Rico

Jessica Giroux is General Counsel and Managing Director, Federal Regulatory Affairs for the Bond Dealers of America. She is responsible for member engagement, outreach to regulators and staff on Capitol Hill, research, analysis and information collection regarding regulatory initiatives derived from efforts at FINRA, the MSRB and the SEC as well as overseeing legislation on Capitol Hill.Prior to joining the BDA, Jessica served as Chief of Staff and Counsel to New York State Senator James Alesi where she led the office’s legislative initiatives, including drafting bills for consideration by the full Senate. �Jessica also spent four years in the DC offices of former NYC Mayor Michael Bloomberg where she was senior legislative staff focusing on issues related to transportation, energy, environment, census and immigration.Jessica obtained a bachelor’s degree in Political Science from the State University of New York at Albany a law degree from Albany Law School of Union University.� She is admitted to the New York State and U.S. Supreme Court Bar.

Bradley Wendt is a senior consultant at Charles River Associates specializing in fixed income securities, capital markets, regulatory compliance, wealth management, and securities markets customs and practices.�Mr. Wendt started his career at Merrill Lynch.� He subsequently joined Goldman Sachs to create and run the Municipal Capital Markets Group, earning promotion to managing director.� Mr. Wendt was the co-founder and president of BondDesk Group, the leading execution platform for retail fixed income securities.Mr. Wendt earned a BS from the United States Air Force Academy, and MBAs from Dartmouth College and the University of Colorado.

Victor joined Citi's Los Angeles Public Finance Department in July 2002 after receiving a Bachelor of Arts degree and graduating as an Edward J. Sexton Fellow in Philosophy, Politics, and Economics from Claremont McKenna College in May 2002. He has senior managed experience with nearly all financing types relevant to cities, counties and school districts including GO Bonds, Lease Revenue Bonds, COPs, Pension Obligation Bonds, TRANs, Tax Allocation Bonds and Teeter Commercial Paper. Victor leads Citigroup’s California K-14 education finance practice where his experience includes 163 transactions totaling $40 billion on behalf of school districts such as Los Angeles USD, San Diego USD, Fresno USD, Long Beach USD, Sacramento USD, Hayward USD, Beverly Hills USD, Anaheim ESD, Los Angeles CCD, San Diego CCD, Peralta CCD and Coast CCD.�

Mr. Cavanaugh started his career in Public Finance in 1991 as a financial analyst and has over fifteen years of senior management banking and placement experience.Mr. Cavanaugh and his peer Todd Smith are very active with private placements, having completed 92 private placements totaling over $1 billion in California since 2013.� This team has privately placed more deals in CA than any other.� Deals include the first post dissolution redevelopment refunding, CFD, AD, Enterprise System, General Fund, General Obligation, COP, Leases, School finance and healthcare.� On many financings, HilltopSecurities was hired to serve as underwriter on a public offering, however, HilltopSecurities was able to demonstrate that a lower cost of� borrowing could be obtained with a private placement. HilltopSecurities and its team are unique in this ability and will strive to find our clients the most efficient form of borrowing regardless the ramfications to our fees.� We put our clients goals first and have the track record and ability to prove it.�Mr. Cavanaugh holds a Bachelor of Science Degree in Business Administration from the University of Southern California. He is a Registered Representative with the NASD (Series 7).� Mr. Cavanaugh is an active member of the Committee on Assessments, Special Taxes and Other Financing Facilities (CASTOFF), California Society of Municipal Finance Officers (Statewide and the San Diego Chapter), Independent Cities Association, and the former California Redevelopment Association.

Jessica, a Senior Director with Public Finance Ratings at S&P Global Rating’s San Francisco office and Sector Lead for the Education group, joined S&P GlobalRatings in 2004. Jessica is the group’s sector expert, providing market leading research and thought leadership on over 1,000 ratings in the not-for-profit higher education, 501c3, and charter school sectors and overseeing the training and development of the nearly 20 analysts assigned to them. Additionally, Jessica’s duties include leadership of the San Francisco office, currently the third largest location for S&P Global Ratings. Jessica follows a portfolio of high profile credits around the country, has spoken at numerous regional and national conferences, and has authored several commentary pieces for the group.Previously, Jessica worked for five years with the Salt Lake Organizing Committee for the 2002 Olympic Winter Games conducting financial analysis for the arts & culture, education, and information services departments and as the finance manager for the Olympic Torch Relay.Jessica has been named to the Smith’s Research Municipal All-Stars second team for Higher Education. She received her masters of business administration from Yale University and holds a bachelor’s degree in Accounting from the University of Utah. She is a member of the California Society of Municipal Analysts (CSMA) and the National Federation of Municipal Analysts (NFMA).

Bill Rizzo is a managing director in Portfolio Surveillance at National Public Finance Guarantee Corporation. Mr. Rizzo is responsible for the monitoring and management of insured credits in the Western Region. Prior to National, from 2008-2010 Mr. Rizzo helped develop a new financial guaranty insurance company, Municipal and Infrastructure Assurance Corporation. Serving as the company’s General Counsel, Mr. Rizzo focused on regulatory matters and the development of risk management capabilities.From 2003 to 2008, Mr. Rizzo was with XL Capital Assurance, Inc., now known as Syncora Guarantee. In the dual roles of Associate General Counsel and Manager of Reinsurance, Mr. Rizzo was lead counsel for XLCA’s US Public Finance and Global Infrastructure businesses and was also responsible for the company’s reinsurance activities across all business lines.In 1993 Mr. Rizzo began his career as an attorney in private practice. From 1996 to 2003, he focused on public finance while an associate with both King & Spalding and Nixon Hargrave Devans & Doyle.Mr. Rizzo holds an A.B. in Government from Georgetown University and a J.D. from Fordham University, School of Law.

Morgan Lewis partner Peter K.M. Chan brings two decades of experience at the US Securities and Exchange Commission (SEC) to his litigation and counseling work. He represents public companies, financial services firms, and other organizations in litigation, investigations, and regulatory actions by federal agencies. Former head of the SEC Chicago office’s Municipal Securities and Public Pensions Unit, Peter also advises clients on compliance and regulatory matters impacting the municipal securities markets and investments by public pensions and other institutions. His tenure at the SEC, as well as a stint as Special Assistant US Attorney in the Northern District of Illinois, have given Peter significant experience with both civil and criminal matters.

Teresa Clune has specialized in providing post-issuance compliance services for over 20 years.� Her career began as a senior analyst in Arthur Andersen LLP’s Arbitrage Services Group.� Ms. Clune manages sophisticated arbitrage compliance engagements and regularly consults with clients regarding post-issuance compliance management.� In 2013, Ms. Clune led development of Avant Strategic Partners LP’s disclosure compliance review services and its client portal, BondIQ. �She has presented compliance training to audiences across the country.� �Ms. Clune graduated from the University of Kansas School of Business and currently serves on the board of Innovative Learning Systems, a non-profit focused on improving literacy and learning proficiency.

Stephanie Scola is Delaware’s Director of Bond Finance reporting to the State’s Secretary of Finance.� Stephanie is responsible for statewide debt issuance activities, investor relations and, of course, ongoing investor disclosure.� In her position, Stephanie maintains a network of resource partners, external as well as internal, that contribute information for the state’s primary and secondary market disclosure.� The content of Delaware’s investor website, designed by Ms. Scola and now linked to EMMA, was honored as a “top pick” among states by MuniNetGuide.com, an independent online resource specializing in municipal matters.����Prior to joining the State, Stephanie was the capital markets manager for Conectiv’s Treasury Department where she managed a $2 billion debt portfolio and reported many types of securities offerings on EDGAR, the private sector version of EMMA.� Stephanie is from New Jersey, graduated from The Richard Stockton State College and Monmouth University and served as an Adjunct Professor in the Business Department of Atlantic Cape Community College.