Ben Golub

Ben Golub

Senior Managing Director, Co-Head of the Risk & Quantitative Analysis Group

Ben Golub is a member of the Global Executive Committee and co-head of the Risk & Quantitative Analysis Group of BlackRock. Dr. Golub has served as Chief Risk Officer since 2009. Dr. Golub is responsible for the investment, counterparty, technology and operational risk of BlackRock. Dr. Golub is also the chair of BlackRock's Enterprise Risk Management Committee.


Previously at BlackRock, Dr. Golub was co-head and co-founder of BlackRock Solutions, BlackRock's risk advisory business beginning in 1995. Dr. Golub also served as the acting CEO of Trepp, LLC., a former BlackRock affiliate that pioneered the creation and distribution of data and models for collateralized commercial-backed securities beginning in 1996.


In 1988, Dr. Golub was one of the eight founding partners of Blackstone Financial Management LP, which evolved into BlackRock. Prior to the founding of BlackRock, Dr. Golub was a Vice President at The First Boston Corporation beginning in 1985 where he established the Financial Engineering Group. During his tenure, the group structured over $25 billion of bonds, including many innovative collateralized mortgage obligations and asset-backed securities.


Dr. Golub co-authored Risk Management: Approaches for Fixed Income Markets (J. Wiley & Sons, Inc., 2000), which also has Japanese and Chinese editions. He has authored or co-authored many articles, including "Reflections on Buy-Side Risk Management After (or Between) the Storms" (The Journal of Portfolio Management), "Risk Management Lessons Worth Remembering from the Credit Crisis of 2007-2009" (The Journal of Portfolio Management), "Composite Portfolios Present Challenges" (Pension and Investments Magazine), "Mark-to-Market Methodology, Mortgage Servicing Rights, and Hedging Effectiveness" (The Handbook of Mortgage-Backed Securities, 6th Edition), "Approaches for Measuring the Duration of Mortgage-Related Securities" (The Handbook of Mortgage-Backed Securities, 6th Edition), "Measuring Yield Curve Risk Using Principal Components Analysis and Value At Risk" (Journal of Portfolio Management), "New Benchmarks for Debt Instruments: No Room for Nostalgia in Fixed Income" (Risk Magazine), and "Asset Allocation and Risk Management for Sovereign Wealth Funds" (Sovereign Wealth Management).


Risk Magazine honored Dr. Golub in 2016 with its Lifetime Achievement award in recognition of his many contributions promoting effective risk management. The magazine previously had named Dr. Golub and his colleague Charles Hallac Asset Management Risk Manager of the Year in 2001. He was also a member of the Financial Services & Risk Management Subcommittee of the Financial Research Advisory Committee of the U.S. Treasury's Office of Financial Research from 2013 - 2016. He is a board member of the Global Association of Risk Professionals, a member of the MIT Sloan School of Management's North American Executive Board and a member of the MIT Sloan Finance Group Advisory Board. He is also the Chairman of the Advisory Board of the MIT Golub Center for Finance and Policy, and the Chairman of the International Partners Committee of the Asset Management Association of China.


Dr. Golub earned an SB in Management in 1978, an SM in Management in 1982, and a PhD in Applied Economics and Finance in 1984, all from the MIT Sloan School of Management.