Overview
Work History
Education
Skills
Languages
Timeline
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David Katsnelson

Needham,MA

Overview

15
15
years of professional experience

Work History

Senior Manager, Financial Services Transfer Pricing

Ernst & Young (EY)
2023.08 - Current
  • Lead complex transfer pricing engagements across financial services, including treasury, insurance, fintech, and cross border structuring.
  • Manage multi-jurisdictional TP documentation aligned with OECD guidelines and IRS regulations; oversee functional interviews, benchmarking, and economic analyses.
  • Direct valuation analyses for financial instruments, intangible assets, and business line carve outs.
  • Advise on intercompany financing structures, interest rate benchmarking, and debt capacity modelling to optimize intercompany loan pricing.
  • Manage insurance-related TP engagements, including pricing of reinsurance transactions, captive insurance arrangements, and risk allocation models.
  • Direct TP planning initiatives, advising on restructuring intercompany transactions and IP migration strategies to align with BEPS actions and local tax authorities' requirements.
  • Support M&A due diligence, assessing TP exposures, integration risks, and operating model redesign.
  • Mentor junior staff and collaborate with cross-functional teams, delivering projects on time and contributing to client retention through insightful economic analyses.
  • Grew book of business to $3 million

Manager, Financial Services Transfer Pricing

Ernst & Young (EY)
2020.12 - 2023.08
  • Supported treasury TP projects by performing interest rate benchmarking studies, analyzing market data to establish arm's length rates for intercompany loans and guarantees.
  • Executed debt capacity assessments, modeling cash flows and solvency metrics to determine sustainable intercompany debt levels in compliance with thin capitalization rules across jurisdictions.
  • Contributed to insurance TP analyses, benchmarking management fees, commissions, and risk transfers for multinational insurers to ensure alignment with arm's length principles.
  • Prepared annual TP documentation reports, conducting comparability searches and economic analyses to substantiate pricing policies for financial transactions.
  • Assisted in TP planning for fintech clients, evaluating pricing for digital services, payment processing, and crypto-related intercompany arrangements.
  • Conducted valuations for fintech assets, including software platforms and data analytics tools, using income and market approaches to support TP positions.
  • Performed TP-focused due diligence in M&A deals, identifying risks in intercompany agreements and recommending remediation strategies.

President

Nominata Consulting
2019.08 - 2020.08
  • Provided high-level economic and financial consulting to clients, focusing on macroeconomic trends, financial modeling, and regulatory advisory services with applications to international tax strategies.

Co-Founder & CFO

Lyste
2018.01 - 2019.08
  • Co-founded a blockchain-enabled real estate technology startup, developing financial models and projections to support pricing strategies.
  • Designed monetary policy for the Lyste ecosystem.
  • Raised capital from high-net-worth individuals and managed financial operations.

Senior Economist

ITR Economics
2017.04 - 2017.11
  • Delivered reliable industry and company forecasts, presentations, and economic consulting to Fortune 500 clients, as well as trade associations and small businesses.

Director, Macroeconomics

RISI
2013.01 - 2017.04
  • Led a team of economists in synthesizing comprehensive global macroeconomic forecasts, tracking developments across multiple countries to inform client strategies.
  • Managed RISI's Macroeconomics Service, generating high-level economic forecasts and authoring monthly commentaries.
  • Presented forecasts at international conferences, consistently rated in the top 10% by attendees.

Senior Economist, Macroeconomics

RISI
2010.07 - 2012.12
  • Drove macroeconomic services, analyzing global developments and contributing to quarterly publications and multi-client studies.
  • Managed data collection and presented analyses at worldwide conferences.

Education

Masters of Business Administration - International Economic Policy

Brandeis International Business School

Bachelor of Arts - Economics, Slavic Languages and Literature

University of Chicago

Skills

  • Financial Transactions
  • Global TP Policy Design
  • Economic Analysis
  • Project Management
  • Market analysis
  • Bloomberg Terminal, Capital IQ, ChatGPT, Copilot

Languages

Russian
Native or Bilingual
French
Limited Working
Hebrew
Limited Working

Timeline

Senior Manager, Financial Services Transfer Pricing

Ernst & Young (EY)
2023.08 - Current

Manager, Financial Services Transfer Pricing

Ernst & Young (EY)
2020.12 - 2023.08

President

Nominata Consulting
2019.08 - 2020.08

Co-Founder & CFO

Lyste
2018.01 - 2019.08

Senior Economist

ITR Economics
2017.04 - 2017.11

Director, Macroeconomics

RISI
2013.01 - 2017.04

Senior Economist, Macroeconomics

RISI
2010.07 - 2012.12

Masters of Business Administration - International Economic Policy

Brandeis International Business School

Bachelor of Arts - Economics, Slavic Languages and Literature

University of Chicago
David Katsnelson