Eileen Murphy, the former global head of CDOs at Chase Securities, has set up a consulting shop providing crisis management and structuring advice to both collateral managers and bankers. Murphy, who resigned from Chase in January after its merger with J.P. Morgan, is running CDOs Unlimited as she pursues a possible return to the Street. In addition to her client work, Murphy is, as she puts it, wrestling with technology: "I just about have my web site completed." Prior to her stint at Chase, Murphy was a managing director and co-head of the credit derivative products group at Moody's Investors Service. She began her career at Seward & Kissel in New York as a bankruptcy attorney.
Murphy says she has also been interviewing with banks along the Street for senior level positions. She notes that she is open to a potential opportunity on the buyside, preferably with larger collateral managers, as well as with fund-of-funds CDO collateral managers.