State Street Adds to Derivatives Team

State Street Corporation announced that Charles Cooper has joined the company as senior managing director of State Street’s eExchange derivatives program.

Cooper will lead eExchange’s efforts to respond to market changes stemming from the Dodd-Frank financial reform bill. He will work with clients to ensure the continued success of existing products and build new trading and settlement offerings to comply with the evolving regulatory landscape.   

He is based in New York and reports to Clifford Lewis, executive vice president and head of State Street’s eExchange business, a division of State Street Global Markets.   

According to the announcement, Cooper most recently worked at Deutsche Bank AG in London, where he served as global head of Legal Operations in the risk management division. Prior to joining Deutsche, Cooper spent more than two years as chief operating officer and chief of staff for the US Commodity Futures Trading Commission (CFTC), the federal regulator charged with overseeing the futures and options industries in the United States.  In that capacity, he served as the Commission’s senior staff representative on the President’s Working Group on Financial markets.  From January 2004 through August 2005, Cooper served as special assistant and chief spokesman to Deputy Secretary of Defense Paul Wolfowitz at the Pentagon. 

Cooper earned both a bachelor’s degree (government) and a juris doctor degree from Georgetown University in Washington, DC.

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