Experience

UK Asset Resolution Limited

• United Kingdom
• Financial Services
• 1 - 100 Employee

• Transaction Lead

  • May 2017 - Jan 2019



UK Asset Resolution Limited (UKAR)

• United Kingdom
• Financial Services
• 1 - 100 Employee

• Corporate Treasurer

  • Dec 2009 - Aug 2012

  Corporate Treasurer for Northern Rock Asset Management, then including Bradford & Bingley on creation of UK Asset Resolution (UKAR) in November 2010. Role was an FSA approved person. Responsible for developing taxpayer value methodology and balance sheet strategies to maximise taxpayer value while repaying Government support. Responsible for setting policy, strategy and management of financial risks of a £105bn balance sheet, including legacy wholesale funding, secured funding (Granite… Show more Corporate Treasurer for Northern Rock Asset Management, then including Bradford & Bingley on creation of UK Asset Resolution (UKAR) in November 2010. Role was an FSA approved person. Responsible for developing taxpayer value methodology and balance sheet strategies to maximise taxpayer value while repaying Government support. Responsible for setting policy, strategy and management of financial risks of a £105bn balance sheet, including legacy wholesale funding, secured funding (Granite, Aire Valley, B&B and NRAM covered bonds), and subordinated debt capital for UKAR. Responsible for managing relationships with HMT, UKFI, FSA, rating agencies, investors in UKAR's listed securities. Managed team of 12 in Corporate Treasury. Show less Corporate Treasurer for Northern Rock Asset Management, then including Bradford & Bingley on creation of UK Asset Resolution (UKAR) in November 2010. Role was an FSA approved person. Responsible for developing taxpayer value methodology and balance sheet strategies to maximise taxpayer value while repaying Government support. Responsible for setting policy, strategy and management of financial risks of a £105bn balance sheet, including legacy wholesale funding, secured funding (Granite… Show more Corporate Treasurer for Northern Rock Asset Management, then including Bradford & Bingley on creation of UK Asset Resolution (UKAR) in November 2010. Role was an FSA approved person. Responsible for developing taxpayer value methodology and balance sheet strategies to maximise taxpayer value while repaying Government support. Responsible for setting policy, strategy and management of financial risks of a £105bn balance sheet, including legacy wholesale funding, secured funding (Granite, Aire Valley, B&B and NRAM covered bonds), and subordinated debt capital for UKAR. Responsible for managing relationships with HMT, UKFI, FSA, rating agencies, investors in UKAR's listed securities. Managed team of 12 in Corporate Treasury. Show less



Liberum

• United Kingdom
• Financial Services
• 100 - 200 Employee

• Financials Analyst

  • Oct 2007 - Dec 2009

  Raised >EUR200m in closed end funds to invest in infrastructure assets / mezzanine lending; evaluated new business opportunities in alternative assets; wrote bespoke research analysis on UK Banks & European investment banks. Raised >EUR200m in closed end funds to invest in infrastructure assets / mezzanine lending; evaluated new business opportunities in alternative assets; wrote bespoke research analysis on UK Banks & European investment banks.



Collins Stewart

• London, United Kingdom

• Executive Director

  • Oct 2005 - Jun 2006

  Part of CEO's management team, managing eight research analysts, responsible for developing MI across the firm, competitor analysis, evaluation of new business opportunities. Part of CEO's management team, managing eight research analysts, responsible for developing MI across the firm, competitor analysis, evaluation of new business opportunities.



Collins Stewart

• London, United Kingdom

• Equity Analyst, UK Banks

  • Jun 1998 - Jul 2005

  Ran UK banks equity research. Modelled banks’ earnings and balance sheets, maintained knowledge of regulatory developments, wrote research reports, communicated with firm’s client base. Built QUEST bank valuation model to integrate into firm's internet-based share valuation model. Ran UK banks equity research. Modelled banks’ earnings and balance sheets, maintained knowledge of regulatory developments, wrote research reports, communicated with firm’s client base. Built QUEST bank valuation model to integrate into firm's internet-based share valuation model.



Barclays

• United Kingdom
• Financial Services
• 700 & Above Employee

• Assistant Director, Group Treasury

  • Sep 1997 - May 1998

  Advised ALCO and EXCO on efficient methods to return capital to shareholders. Responsible for managing a debt capital portfolio of £3bn, raising new capital, intra-group financing and tax planning in respect of capital management.

• Vice President (seconded), BZW

  • Oct 1996 - Sep 1997

  Responsible for executing structured repo trades of >£2bn, including pricing, negotiation with counterparties and issuers, settlement and risk management. Presented to FT100 companies on optimal capital structure, cost of capital and tax efficient capital restructures, as well as shareholder value methodologies such as EVA, CFROI and DCF.

• Manager, Group Treasury

  • Oct 1991 - Oct 1996

  Member of team which managed Barclays’ structural risk positions (interest rate, fx, equity) within benchmark VaR limits. Provided advice to retail and commercial bank on all aspects of Treasury management (e.g. pricing, cost of funds, new product design). Responsible for ad hoc structural risk management projects: developed property derivatives to manage Barclays' exposure to commercial property sector, managed Barclays' exposures in its Sharesave schemes



Abbey

• Banking
• 300 - 400 Employee

• Business Analyst, Finance

  • Oct 1988 - Oct 1991

  Modelled and maintained the management accounting ALM model for the bank. Responsible for the financial modelling and analysis of the Budget/Three Year Plan on a product basis, and ad hoc product analysis. Modelled and maintained the management accounting ALM model for the bank. Responsible for the financial modelling and analysis of the Budget/Three Year Plan on a product basis, and ad hoc product analysis.