John Jordan is a managing director and senior member of the Risk Management group at National Public Finance Guarantee Corporation. His primary responsibilities include identifying and managing emerging risks in the municipal market as well as trends in the utility sector specifically, supporting surveillance and new business underwriting activities. Mr. Jordan also supports remediation efforts in National’s portfolio. Prior to his current position, Mr. Jordan was a senior member of National’s Portfolio Surveillance Group and previously was the Utilities Sector Manager responsible for National’s relationships with utility credits.
Previously, Mr. Jordan was a managing director and senior transactor in the Corporate and Municipal Utilities Group of MBIA Insurance Corporation. Mr. Jordan joined MBIA in 2002 as a new business transactor and subject matter expert for U.S. Investor Owned Utilities. His initial contribution was setting forth an acceptable new business strategy for IOUs following the credit downturn in that sector. Subsequently, he expanded his activities to include U.S. municipal, public power and prepay transactions as well as utility and energy project finance globally. Mr. Jordan also has significant experience with rating agency capital models, pricing strategy and was very active in the 2008 restructuring of MBIA’s insured variable rate debt portfolio.
His energy experience includes ten years of corporate and investment banking at Bank of America which was preceded by eight years of general corporate lending experience at The Bank of New York. He received his formal credit training at The Bank of New York and held a variety of finance positions at predecessor companies of J.P. Morgan Chase.
Mr. Jordan has an undergraduate degree in business administration from the University of Notre Dame and holds an M.B.A. from Fordham University.