Career moves

Charles Schwab is looking for a managing director who will focus on conducting structured finance analysis on ABCP and non-mortgage ABS, according to job database Fins Finance.

Roughly 33 full-timers will lose their jobs when Ally Financial closes its MBS broker/dealer operation, according to a company spokeswoman.

Newedge has appointed Jeff Pollack as chief financial officer for the Americas based in its New York office.

In prepared remarks today, Acting Federal Housing Finance Agency (FHFA) Director Edward DeMarco said his preliminary thoughts on using Treasury incentives to offer principal forgiveness to underwater borrowers.

Macquarie Investment Management (MIM), which is part of the Macquarie Funds Group, has appointed four senior executives to strengthen its distribution across Europe.

Mayer Brown has hired Stephen Rooney for its New York office as a partner and co-leader of its insurance finance group.

Oak Hill Advisors named its current Chief Operating Officer as its President.

Barclays said today it named John Langley and Joe McGrath co-heads of the global finance and risk solutions business within the firm’s investment banking division.

Carlos Mendez left investment banking firm Sandler O’Neill + Partners in mid-February. He was the firm's head of structured finance at the time of his departure.

Former head of securitized products research at Credit Suisse Dale Westhoff will be shifting his responsibilities at the firm.

Nomura added a leveraged finance banker to its investment banking group in the Americas, the firm said.

CRE Finance Council Europe (CREFC Europe) has appointed Peter Denton as chair-elect of the group.

It is hard to deny Richard Cordray's hiring to run the Consumer Financial Protection Bureau (CFPB) nearly four months ago is a flash point in continuing debates over regulatory appointments and implementing the Dodd-Frank Act.

New York-based commercial real estate (CRE) finance firm Ladder Capital Finance Holdings appointed Michael Mazzei as president.

Delton de Armas, previously CFO of Taylor, Bean & Whitaker (TBW), pleaded guilty today to making false statements and conspiring to commit bank and wire fraud.

Jones Day hired Ilene Froom as a partner in the banking and finance practice based in New York. She previously worked at JPMorgan Chase Bank where she was executive director and assistant general counsel.

The Securities and Exchange Commission (SEC) Tuesday sued the former top executives of now defunct 'super' Jumbo lender Thornburg Mortgage.

Law firm DLA Piper has hired Richard Reilly as a partner in its global investment funds practice. He’ll be based in the firm’s New York office, but will also work with the London branch.

PHH Corp. named Smriti Laxman Popenoe, executive vice president and chief risk officer at the firm, as interim president for PHH Mortgage.

Investment bank North Sea Partners has hired Steve Paras as managing director and head of European capital markets.