Director, Capital Resolution Unit

• Sep 2022 - Present

Derisk legacy winddown and investment banking positions ensuring balance sheet and risk weighted assets are in line with the firm’s transitional targets. Optimize capital, credit risk, and liquidity for the division.Improve capital requirements stemming from a portfolio of loans, derivatives, repo, and structured products. Engage with other divisions of the bank to manage the accuracy of the firm’s capital footprint versus forecasted pipeline to maximize return on capital.

Director, Fixed Income Structuring and Marketing

• Jun 2013 - Aug 2022

• Sold the CS Strategic Resolution Unit (SRU) legacy wind down business. Developed and executed a pipeline of deals with a particular focus on financials, pensions, and insurance. Closely collaborated with clients, multiple trading desks, credit, and legal. Hedged overnight discount curve risk between the OIS swaps desk and clients. Traded dozens of portfolios of Rates, EM, credit, and longevity swaps and options.• Accelerated a strategic business plan envisioned by our new incoming CEO and board to reinvest over $40bn of balance sheet into more efficient product lines generating significant economic capital benefit. Generated revenue from release of liquidity reserves and CVA/FVA credit and funding adjustments. Produced a consistent stream of annual sales credit and revenue contribution.• Executed derivatives novations and compressions using an optimization algorithm for portfolio selection. Designed a tool which minimizes an objective function tied to the firm’s exposure models improving economic benefit by 18%. Developed and refined a multi factor approach for valuing Basel III and Basel IV forward capital costs used to guide portfolio selection. Partnered with risk and quant teams to explore and fine tune new trade ideas.• Drove a collateral optimization initiative by partnering with our repo desk, collateral team, and clients to improve the quality and shorten the maturity of non-cash collateral posted to Pensions and Insurers in SRU reducing regulatory haircuts to mitigate CCR exposure and $600m of risk weighted assets. Freed up credit lines to bring in new business. Show less

Vice President, FID Portfolio Management, Structuring and Marketing

• Jun 2008 - Jun 2013

• Sold multiple portfolios of currency swaps away from non netting legal jurisdictions to US and European banks. Novated blocks of EURUSD and CHFUSD currency swaps from covered bond issuers (excluded from posting collateral given ratings) to dealers with clean CSA’s. Unwound fx coupon swaps and illiquid exotic options in legacy APAC books.• Optimized the firm’s 20 largest dealer netting sets generating substantial capital benefit. Migrated thousands of IR and CDS swaps to clearing houses to flatten down risk profiles and free up initial margin and balance sheet. Reduced bilateral MTM by restructuring deep in the money swaptions and currency swaps. Unwound multiple portfolios of zero coupon inflation swaps. Restructured cross currency swaps as MTM resetters. Embedded termination options into long dated IR and inflation swaps. • Improved sources of imperfect collateral margining. Renegotiated and amended ISDA and CSA facing banks, mortgage lenders, and insurers to improve collateral terms and exclude illiquid or undesirable collateral. Improve trade structures facing bankruptcy remote entities using extinguisher swaps and gap options. Show less

Associate, Fixed Income Trading, Insurance Linked Products

• Jun 2007 - Jun 2008

• Originated IR, credit, and longevity risk trading life settlements in secondary and tertiary markets. • Placed winning bid on the 2008 Ritchie II bankruptcy portfolio auction taking down ~$1bn of paper in a single transaction, marking the single largest tertiary markets deal in insurance linked products for the bank. • Focused on daily PnL, risk management, price testing, and design of exits via structured synthetic solutions. • Conducted stressed analysis of various positions and risk buckets in the trading book. Applied the results to the pricing of illiquid risk exits conservatively. Show less

Associate, Management Consultant

• May 2004 - Jul 2007