Noam Mendel

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Noam Mendel


Noam advises clients on matters related to model validation, risk management, and regulatory compliance.


Prior to joining Promontory, Noam was a senior air-force procurement manager at the Israeli Ministry of Defense’s mission in New York, where he managed complex deals that complied with U.S. and Israeli rules and regulations. He was also responsible for advising and training new employees in the use of business-management software. Previously, Noam worked in research and development at an electro-optical technology company, where he implemented and tested image-processing algorithms and designed circuit boards. He has experience in financial modeling and computer programming and also served as a teaching assistant for a college course on advanced electronic devices.


  • M.S., financial engineering, Baruch College, City University of New York
  • B.S., electrical and electronics engineering, Tel Aviv University

Affiliations, Awards, and Civic Engagements

  • Financial risk manager, Global Association of Risk Professionals
  • Employee of the Year, Israeli Ministry of Defense, U.S. mission
  • Second place, Weinstein competition for projects in digital-signal processing, Tel Aviv University 

Representative Engagements

  • For a French financial institution, drafted procedures to meet SR 11-7 expectations for model risk management. 
  • Validated structured-finance models for a top credit-rating agency. 
  • Validated Bloomberg models a client used for option-adjusted spread and yield analysis. 
  • Validated a model a bank used for forecasting losses as part of its submission for Dodd-Frank Act stress testing. 
  • Developed DFAST credit-loss models for a bank holding company. 
  • Assisted the U.S. branch of an international bank with a transaction-monitoring review using Promontory’s proprietary system to identify patterns of suspicious and fraudulent transactions. 
  • Helped a market-utility provider develop and implement its information-security program. 
  • Managed the Federal Deposit Insurance Corp. consent-order action plan for a leading provider of financial technology. 

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