Joseph P. Belanger
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principal emeritus
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Boston
Mr. Belanger provides consulting and litigation support to the financial services industry, including both standard of care and industry custom and practice.
He has provided testimony in a number of financial services litigations relating to both standard of care and industry custom and practice. He has testified on appropriate bank lending practices, the role and responsibility of custodians, administrators and trustees, and risk management due diligence processes. Mr. Belanger has also identified and supported a broad array of expert witnesses in financial services matters including multiple disputes involving broker dealer duties and responsibilities, anti-money laundering obligations, and mortgage banking governance.
He has direct experience creating and growing commercial lending, risk-based and hedge fund administration businesses and implementing effective risk management programs. His capabilities include commercial lending, hedge fund and offshore fund administration, custody, oversight of risk management and compliance programs, trusteeship, and the application of investment portfolio risk tools for traditional and hedge fund asset classes.
Mr. Belanger spent more than 25 years at State Street Corporation, where he was part of the executive management team in Alternative Investment Solutions, a leading service provider to institutional investors, hedge funds, and private equity funds. During that time, he spent 12 years as a Senior Vice President and division head with responsibility for State Street’s commercial lending services, Cayman offshore and alternative fund administration services, and global risk services business units. Earlier in his career, Mr. Belanger was responsible for Investor Services Risk Management with oversight for the documentary, fiduciary, credit counterparty, operational, anti-money laundering, and reputational risk exposures accompanying trustee, custody, accounting, administration, and transfer agency services provided by State Street worldwide.
Washington University, Olin School of Business
MBA in Finance and Accounting
Ripon College
BA in Economics
Personal Interests
Mr. Belanger holds the Chartered Alternative Investment Analyst (CAIA) designation.
Testimony
Weavering Macro Fixed Income Fund Limited (In Liquidation) v PNC Global Investment Servicing (Europe) Limited now known as BNY Mellon Investment Servicing (International) Limited
James W. Bradshaw, et al, v. Stephen E. Maiden, et. al. In the State of North Carolina, County of Mecklenburg, General Court of Justice, Superior Court Division, No.: 14 CVS 1445
Primeo Fund (In Official Liquidation) Plaintiff and 1) Bank of Bermuda (Cayman) Limited, 2) HSBC Securities Services (Luxembourg) SA Defendants in the Grand Court of the Cayman Islands Financial Services Division Case No. FSD 30 of 2013 – AJJ
Regions Bank, et.al., Plaintiffs v. Nexbank Securities, Inc. Defendants and Comerica Bank, Plaintiff in Intervention v. Regions Bank et.al. In the District Court Dallas County, Texas, 101th Judicial District Case No. DC-13-146298