Profiles

Nick Krsnich, President & Chief Investment Officer

Mr. Krsnich has 27 years of Financial Service Experience concentrated in investment and risk management.  JMN Financial LLC was formed in 2006 to provide portfolio management and consultation to Financial Institutions and investors.  JMN has a strong track record managing RMBS securities and has consulted for some of the industry’s premier financial services companies and private equity firms.  Mr. Krsnich authored “Residential Mortgage Investment, Valuation and Risk Management”. (See Publications).  Mr. Krsnich served as Chief Investment Officer for Countrywide Financial Corporation and as a Board Member of Countrywide Bank, his last positions in tenure from 1995 to 2005. During that span Countrywide’s market price increased four fold and its investment and risk management functions were considered the industry’s best.  Mr. Krsnich is a Certified Financial Planner and Registered Investment Advisor.

 

Previously Mr. Krsnich was Head of Capital Markets at Bank of America Mortgage.  He was responsible for all fixed income market purchases and sales, risk management activities, and was a member of the investment, credit, and executive committees.

 

Prior to entering the financial services industry Mr. Krsnich was a minor league baseball player in the Baltimore Orioles and Detroit Tigers organizations.  He graduated with a MBA in Finance from the University of Florida in 1983 and was voted to the Southeastern Conference All Academic and Athletic Teams.  Mr. Krsnich and his wife Linda and three children reside in Calabasas, California.

E-mail: NKrsnich@jmnfinancial.com

JMN Financial LLC

E-mail: MMonahan@jmnfinancial.com

Mark Monahan, Partner & Portfolio Manager

Mr. Mark Monahan, CFA, has 20 years of Financial Services experience concentrated in Asset/Liability management, portfolio valuation, and derivative valuation.  Mark has developed all prepayment, default, and investment reporting systems utilized in JMN’s investment management and consulting practices.  Prior to JMN, Mr. Monahan was an Executive Vice President - Asset/Liability Management at Countrywide Financial Corporation (CFC). 

 

Previously, Mr. Monahan spent  8 years as a Vice President/Client Services Manager at Quantitative Risk Management, a financial software engineering firm located  in Chicago, IL where he was dedicated to the development of the Mortgage Servicing Evaluation System.   

 

Mr. Monahan holds a Bachelor of Science Degree - Finance from Bentley College (1991). 

 

Currently, Mr. Monahan resides in Calabasas, California with his wife and two children.

 

Jennifer Jones, Business Manager (BS University of California, Berkeley 2006)

E-mail: JJones@jmnfinancial.com