Mr. Clerc received a B.S.B.A with a concentration in Finance from Northeastern University in 2008 and has since worked in municipal structured finance. Mr. Clerc joined Swap Financial Group in May 2016 after spending 8 years at Goldman Sachs where he headed the Municipal Derivatives desk. He has extensive experience within the both the public and private sectors of the fixed income market. Based on his experience working at a major investment bank, Mr. Clerc has a unique inside perspective of the more nuanced concepts of derivative pricing and modeling, including Credit Valuation Adjustment (CVA), Funding Valuation Adjustment (FVA), Basel III Capital Charges, Overnight Index Swap (OIS) discounting, optionality, etc. Historical deal experience includes over 400 swap executions with approximately 125 different clients. Mr. Clerc is primarily located at the Boston Office.