Financial Engineer of the Year:
Leif Andersen
IAQF Innovation Award:
Rachel Schutt
Award Dinner Information
Wednesday, June 5, 2024
The Yale Club
New York City
6:30pm Cocktails 7:30pm Dinner
Corporate sponsorships including tables of ten are available
Individual seats are available for $600
For more information please contact the
IAQF office at 646-736-0705 or info@iaqf.org
About This Year's Award Recipients:
IAQF congratulates Leif Andersen, the Global Co-Head of the Quantitative Strategies & Data Group (QSDG) at Bank of America, and an Adjunct Professor at NYU’s Courant Institute for Mathematical Sciences and at Carnegie Mellon University’s Department of Mathematical Services, as the 2023 IAQF/Northfield Financial Engineer of the Year (FEOY). A Managing Director and head of Bank of America’s quant team for nearly 22 years, Andersen has grown the team from a small group of mathematical modelers to hundreds of quants, strats, data scientists, and software engineers. Prior to joining BofA, he worked for 9 years at General Re Financial Products (GRFP), an innovative AAA-rated derivatives dealer based in NYC, where he collaborated with luminaries such as Jesper Andreasen, Rupert Brotherton-Ratcliffe, and Antoine Savine.
IAQF congratulates Dr. Rachel Schutt, Managing Director and Co-Head of BlackRock AI Labs, as the winner of the 2023 IAQF Innovation Award sponsored by Berkeley SkyDeck Fund. Dr. Rachel Schutt, Managing Director and Tech Fellow, is the Co-Head of BlackRock AI Labs along with Professor Stephen Boyd. AI Labs is a central hub to formalize data science efforts and leverage artificial intelligence to solve high priority problems across the firm while driving consistent standards, best practices, and expanding BlackRock's data science community. Previously Rachel was the Chief Data Scientist of News Corp. There she established the company's first data science team for Dow Jones, the Wall Street Journal, and other media brands. Rachel was named a World Economic Forum Young Global Leader in 2015 and is on the 2014 Crain's New York Business 40 under 40 list.
The annual IAQF/Northfield FEOY Award, established in 1993, recognizes individual contributions to the advancement of quantitative finance. A nominating committee of approximately 60 people consisting of all the IAQF governing boards submits nominations, which are reviewed in a two-step process by a selection committee of 25 members. The selection committee includes the IAQF board of directors and senior fellows and was chaired by Dilip Madan, an IAQF senior fellow and 2021 FEOY award winner.
