Upcoming Event

CFAA 2017 Summer BBQ

Summer is finally here! BBQ season is in full swing! Time to get out of your home and soak up the sun!

Let us gather in the cool breeze and warm sunshine by Lake Michigan and have some fun time with family and friends. Chinese Finance Association of America (CFAA) cordially invites you, your family and friends to join us for a fun and relaxing BBQ party. You will have the opportunity to meet with CFAA board members, staff, volunteers, advisors, former event speakers and industry experts, as well as network with other finance professionals. You will learn more about the various finance-related industries while enjoying the beauty of Lake Michigan.

Food and beverages will be served. Friends and family are welcome.


Picnic Area D, between Greenwood St. and Lake St.
Dawes Park, Lakefront East of Sheridan Road
Evanston IL 60201, US

Saturday, July 22, 2017
11 am – 3 pm



For those who use a GPS for directions, please enter the following street address: 225 Greenwood Street, Evanston, IL 60201. The picnic area is to the east of this location across Sheridan Road.

Public transportation:

CTA: Take the Red Line to Howard, then take the Purple Line (toward Linden) to Dempster, then walk east for 10 minutes toward Sheridan Road. You will see the picnic area in front of you.

Metra: Take the Metra Union Pacific North line to Evanston – Davis Street (station), then walk east for 12 minutes on Davis Street toward Sheridan Road. You will see the picnic area in front of you.

2017 CFAA Risk Managment Forum: The New Era of Risk Management under Trump

Event Description:

The perception of risk management is fundamentally changing within today’s banking industry. It is no longer purely used as a control mechanism but as a critical input into the daily business question that if the revenues out of this transaction will compensate for the additional risks that banking is taking on? Risk Management is an essential part of helping the bank grow while keeping an eye on the potential consequences if something goes wrong.



Jimmy Yang

Managing Director, Credit and Operational Risk Analytics

BMO Financial Group


Weiping Chen

Director, Operational Risk Management

Discover Financial Services


Alan Zhang

Senior Manager, Risk & Financial Advisory

Deloitte & Touche



Peter Xie

Senior Associate, Underwriting Strategy

Discover Financial Services


Date and Time:

May 4th, 2017, Thursday

5:00 pm – 8:00 pm



Club Quarters Hotel, Central Loop, Room Adams
111 W Adams St
Chicago IL 60603, US


CFAA Chinese New Year Reception – The Future of China-US Relations in the Trump Era

Event Description:

The year 2016 was marked with a series of eventful political developments including the UK’s decision to leave the European Union and Donald Trump’s election to be the US’s 45th President, as well as continued geopolitical risks globally. Despite the relatively volatile political environment and mounting uncertainties on the policy impact across major countries, global capital markets showed increased optimism over a reflationary US economy and an improved China growth in 2017. However, questions remain on what the Trump administration could and will do in the critical areas such as infrastructure spending, tax reform and immigration policies from a domestic perspective, and perhaps more importantly, what the new administration may do related to the trade and foreign policies. The latter would have a profound and direct impact on China economy, US-China relations, and the regional economic prosperity and political stability in Asia Pacific. And what may be sensible ad effective economic policies from the Chinese government and strategies from the private sector to address these uncertainties and changes amid China’s own growing economic and environmental challenges?

We are pleased to invite two global economy and China business experts Mr. Carl R. Tannenbaum, Chief Economist of Northern Trust and Ms. Belinda Deng, Partner of Finance Advisory at PwC to share their insights at our 2017 Chinese New Year Reception. You will also have a great opportunity to network with other finance professionals and enjoy some fun time at the reception to celebrate the year of Rooster.


Featured Speakers:


Consul General of China to Chicago

Carl R. Tannenbaum

Executive Vice President and Chief Economist, Northern Trust

Belinda Deng

Partner – Finance Advisory, PwC

Moderated by Hong Cheng, CFA, Senior Investment Analyst at Morningstar Investment Management LLC


Speakers’ Bio:

Carl Tannenbaum is the Chief Economist for Northern Trust. Prior to joining Northern Trust, Carl led a team at the Federal Reserve Bank of Chicago whose charter was to analyze financial risk, its implication for the broad economy and policy choices to address it. He served as the head of the entire Federal Reserve System’s risk group in Washington for a year, working closely with Federal Reserve System Governors and senior officials. Preceding his work at the Federal Reserve, Carl served as chief economist and head of balance sheet management at LaSalle Bank/ABN AMRO, where he worked for 24 years.

He received a bachelor’s degree in finance and economics and a Masters of Business Administration degree from the University of Chicago. He is a past chairman of the Conference of Business Economists and also a past president of the National Association for Business Economics and the North American Asset/Liability Management Association.


Belinda Deng is a partner with 11 years of experience with PricewaterhouseCoopers’ Finance consulting practice. She serves clients crossing a wide-range of business sectors in China, Hong Kong and USA. Belinda’s primary area of focus is a full value of chain finance management consulting, finance strategy, finance operation transformation and organization. Prior to this, Belinda worked as advisory partner for PricewaterhouseCoopers Hong Kong Office from 2005 to 2016, Assistant CFO for ZTE Corporation, BU Business Controller for Motorola Solutions for 11 years.

Belinda received her bachelor’s degree in Accounting and MBA in Accounting and Finance from the University of Chicago.



5:00 – 6:15 pm Registration & Reception (H’orderves & Beverages Served)
6:15 – 6:30 pm Speech by Chinese Consulate General
6:30 – 7:30 pm Formal speeches by Carl Tannenbaum and Belinda Deng
7:30 – 8:00 pm Q&A and Conclusion


Date and Time:

Monday, Feb 13, 2017

5:00 pm – 8:00 pm



French Room, 7th Floor, Union League Club of Chicago,

65 W Jackson Blvd,

Chicago, IL 60604


CFAA Holiday Happy Hour

Event Description:

Wrap up your year with CFAA! Come out to mix and mingle with finance professionals to celebrate the holidays and meet new friends! All are welcome! The board and the past events’ speakers will be there as well.

Thank you all for your continuous support to the CFAA in the past year and look forward to delivering more events in the coming years!

Hors d’oeuvres will be served and a cash bar will be available.


Date and Time:

5:00 pm – 7:00 pm

December 15, 2016



Buckingham Bar, Elephant and Castle (Basement Level)

111 W Adams St

Chicago, IL 60611


More details please look at the event page

Wealth Management Panel – Global Macroeconomic Outlook and Personal Investment Views from Top Money Managers

Program Description:

What are the effects of divergent central bank policies and fiscal challenges facing both developed and emerging economies? What`s the impact of policy and politics on global markets, particularly in a US presidential election year? How to facilitate the process of asset strategy and risk allocation? Where are investors finding the best values and growth opportunities in developed and emerging markets?

Join us for the Wealth Management Panel on Dec 1, 2016. Offering engaging lectures and discussions, Wealth Management Panel is your opportunity to connect with top investors and peers on the latest trends and thought leadership affecting global capital markets.


Featured Speaker: 

David Qi Tang, Senior Vice President, joined Neuberger Berman in 2011. David is responsible for managing the Investment Grade passive/enhanced portfolios and opportunistic credit portfolios. He is also in charge of the Investment Grade quantitative research functions. David is a member of the firm’s Fixed Income Investment Committee and Business Development Committee. Prior to Neuberger Berman, David held various quantitative/risk management roles at Fannie Mae, Allstate Investments and ABN AMRO. David received his MBA from the University of Chicago and his BA from Renmin University of China.

Christy Pedersen is a financial advisor at Whitnell, an independent Registered Investment Advisor based in Oak Brook, where she works with a wide range of clients to ensure alignment and integration of their financial lives with their values and goals in the context of their unique family & career contexts. Prior to joining Whitnell, Christy spent the majority of her career at UBS Global Asset Management/Brinson Partners where she was a Managing Director and Head of the Consumer Sector in the institutional equities division. She has also served roles as a Wealth Management Advisor at TIAA-CREF, as a Strategy Consultant with Andersen Consulting and Stax, and in mutual fund administration and portfolio administration with Harris Associates, L.P. Christy received her Masters in Management from Northwestern University’s J.L. Kellogg Graduate School of Management and holds a B.A. in Economics from Northwestern University. She is a Chartered Financial Analyst and is a CERTIFIED FINANCIAL PLANNER™ professional. She is a member of the CFA Institute, the CFA Society of Chicago and the Financial Planning Association. Christy serves as a Board Member for Money Savvy Generation Foundation and is a member of the University of Chicago Women’s Board.



Ivanka Yingchu Zhao is a Wealth Management Analyst at Merrill Lynch since 2015. As a member of the Private Banking & Investment Group, Yingchu applies her quantitative and analytical skills to advance the financial goals of ultra high net worth individuals and institutions. Her responsibilities encompass quantitative portfolio development and investment research. Yingchu earned her Master Degree in Computational Finance from DePaul University and her B.A. in Finance from Nankai University. She is a member of the CFA Society of Chicago. Yingchu is a board member of the Chinese Finance Association of America(CFAA), a nonprofit organization that connects finance professionals between the United States and Greater China in the Chicago area.


Date and Time:

Thursday, Dec 1, 2016
5:30 p.m. – 7:30 p.m.



Room Adam (3rd Floor), Club Quarters Chicago,
111 W Adams St,
Chicago Illinois, 60603



5:30 pm -6:00 pm Registration and Networking
6:00 pm -6:30 pm Brief presentation on global macro-economics outlook from each speaker
6:30 pm -7:00 pm Panel discussion on specific topics and investment ideas (see topics below)
7:00 pm -7:30 pm Q&A Session


Please look at the event page for more details


CFAA Event | Job Hunting – Everything You Need to Know About Networking

Program Description:

– Have you been nervous about how to connect with recruiters at recruiting events? No idea how to tell your story or get the information you want?

– After retrieve contact information from a recruiter/business professional you want to connect with, have you ever wonder how to follow up with them?

– When you finally get an interview, have you ever wonder what kind of communication skills you need to ace the interview?

– After interviews, have you ever thought about how to follow up with your potential employer? How to properly ask questions while you are waiting for the final decision?

Most of us have encountered these challenges during job searching, and we realize that communication has always been one of the most difficult parts in this process. For every question you may have during your job searching, we hope that we could help you to find a proper answer. Chinese Finance Association of America (CFAA) invites you to explore these topics together with a panel of outstanding and experienced professionals from various industries in a highly interactive panel discussion. We encourage you to share your stories and questions with us in advance through our social media message boxes, CFAA email or at the event.



Nick Su

Nick Su is a Vice President at WP Global Partners, a private equity firm based in Chicago. He is actively involved in sourcing and investment diligence for direct investments and private equity funds for both equity and debt opportunities. Previously, Nick was an investment banking analyst at Jefferies. He holds a B.A. in Economics and Spanish, magna cum laude, from Wabash College.

Peter Xie

Peter Xie is a Senior Associate at Discover Financial Services. He is mainly responsible for the Credit Bureau Portfolio Reporting, Risk data management and bureau management. He was previously working as an Analyst at Wells Fargo and assumed as the President at Kellstadt Finance Community at DePaul. He holds a master degree in Computational Finance from DePaul University.

Jessica Cheng

Jessica is a senior associate from KPMG Risk Advisory Credit Risk team. She has been working with KPMG for slightly over a year. Before that, she interned at CME Group during school. She graduated from DePaul University last summer, majored in MS Computational Finance.


Date and Time:

5:30 pm – 7:30 pm

Wednesday, October 12th, 2016



DePaul University Loop Campus (more details coming up)


CFAA Event | Lunch Roundtable Discussion: Risk Management Framework (Member-Only)

September Topic: Risk Management Framework



Lesley Cao

Manager at Discover Financial Services


Date and Time:

12:00 pm – 1:00 pm

Friday, September 30th, 2016


RSVP & Location:

No RSVP required. Members will receive separate communication regarding the event location


How to Become a CFAA Member?

Please visit the member section on our official website.

CFAA Event – Principles of Credit Risk Management and Career Options

CFAA Event – Principles of Credit Risk Management and Career Options


Yan Chang, Senior Vice-president, General Manager of Personal Loans in Discover Financial Services

Mr. Yan Chang is SVP and General Manager of Personal Loan business in Discover Financial Services. He is responsible for delivering profitable returns for personal loans. Prior to this, Mr. Chang was VP and Chief Credit Officer of Consumer Banking. Before joining Discover Financial Services in 1999. Mr. Chang worked for GE Capital and First National Bank of Chicago (now JP Morgan).

Mr. Chang holds a MBA from Kellogg School of Management and a MS in Statistics from the University of Cincinnati.

Date and Time:

Thursday, September 1, 2016

5:30 pm – 7:30 pm


Club Quarters Hotel, Room Adams

111 W Adams Street, Chicago, IL 60603


5:30 pm – 6:00 pm Registration and Networking

6:00 pm – 7:00 pm Discussion

7:00 pm – 7:30 pm Q&A


For more event details, please see event page

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