Jorge Cruz Lopez is a Principal Researcher in the Funds Management and Banking Department at the Bank of Canada. He is also a Lecturer at the Sprott School of Business at Carleton University and a Member of the Advisory Board at the New York Institute of Finance. In his role at the Bank of Canada, Jorge conducts and oversees research in the areas of asset pricing, financial risk management, and financial market infrastructures. His most recent work focuses on identifying systemically important market participants, optimizing collateral requirements for payment systems and CCPs, enhancing the efficiency of contingent portfolios, and identifying structural risks in e-money and blockchain systems. Jorge joined the Bank of Canada in 2011 as a Senior Analyst in the Financial Markets Department and in 2014 he became a Principal Researcher. His responsibilities have included serving as the Associate Editor of the Financial System Review and participating in multiple working groups devoted to the analysis of systemic risks and OTC derivatives reforms. Jorge has published in both academic and practitioner journals and has been a speaker at several conferences, universities and policy institutions, including The Bank of England, The Bank of Japan, The Banque de France, The Reserve Bank of Australia, The Bank of Mexico, and the U.S. Commodity Futures Trading Commission (CFTC). He has also been a keynote speaker at The Federal Reserve Bank of Chicago and at the Annual Collateral Management Forum in Europe. Prior to joining the Bank of Canada, Jorge worked as a Finance Lecturer at the Beedie School of Business at Simon Fraser University in Vancouver, Canada. He holds a PhD from the same university and has been a Visiting Scholar at HEC Paris in France and at Queensland University of Technology in Australia.