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Global Head of Treasury & ALM
Senior Managing Director
January 2017 - March 2021
Growing role & responsibilities due to Coutts International acquisition:
New banking License in HK.
Growing AUM in Asia > USD 10Bio with a USD 4Bio Balance Sheet.
Group Balance Sheet > CHF 30Bio totalling 13 booking centres.
6 direct reports and 5 functional reports (Local Treasurers).
Member of the Bank Risk Committee.
Member of the Moody’s Rating Working Group.
Libor Transition Project Sponsor & Member of the Swiss National Working Group
Sponsor and Chairman of the Collateral Management project Steering Committee.
Strong Knowledge of GDPR and PSD2 regulations due to internal implementation.
UBP Pension Fund Employee representative
Supervision of two trainees working on the Libor Transition
Global Head of Treasury & ALM
Managing Director
June 2012 - December 2016
Manage UBP Group and Local Balance Sheets: Interest Rate Risk, Funding Risk, Liquidity Risk, Capital Planning, Leverage Ratio….
Maximise UBP Net Interest Margin.
Manage the Group ALM Portfolio and supervise local HQLA Portfolios in order to comply with local regulatory requirements & accounting standards (Switzerland, Bahamas, UK, Singapore, Luxembourg, Monaco).
Vice Chairman of Group and Local ALCOs.
5 direct reports and 5 functional reports (Local Treasurers).
Active Participation in the acquisition of Santander, Lloyds and Coutts International Private Banking activities (Asset deals).
Sponsor and Project Leader of OTC Derivatives Regulations implementation (DFA, EMIR, FinFrag).
Speaker & Panellist at the OTC Derivatives Conference, CFA Institute
Panellist at the Swiss Securities Finance & Liquidity Management Forum IV in Zurich focusing on Collateral Management & Liquidity.
Head of ALM Portfolio and Deputy Head of ALM.
Managing Director
August 2011 - May 2012
Assist Head of ALM in managing UBP Group and Local Balance Sheets: Interest Rate Risk, Liquidity Risk, Credit Risk, Market Risk and Operational Risk.
Build a new risk limits framework in line with the new regulatory requirements (Basel III ratios: LCR & NSFR) and maximise UBP Net Interest Margin.
Manage the Group ALM Portfolio complying with UBP Risk Limit framework approved by the Board of Directors
Vice Chairman of Group and Local ALCOs.
1 direct report and 4 functional reports (Local Treasurers)
Active Participation in the acquisition of ABN Private banking activities (Share deal).
Senior Investment Book Manager and Head of Balance Sheet Management Analytics
August 2010 - July 2011
Growing role with additional responsibilities in line with the new position of Head of Balance Sheet Management Analytics:
Liquidity Management for the whole Treasury Department.
Implementation of Basel III Ratios (LCR & NSFR) + OCPs by currency for each HSBC PB Site. Deep Knowledge of Basel III, FSA & FINMA Directives.
Construction of the new Investment Strategy in line with the new regulatory framework (Basel III Level 1 + Level 2 Assets) for each HSBC PB entity.
Responsible for the Liquidity Contingency Plan.
Member of the Treasury Management Committee (MANCOM).
Member of the Liquidity Reporting working group.
Investment Book Manager and Head of Proprietary Trading
August 2006 - June 2010
Management of the $32Bln Group Private Bank Fixed Income Portfolio (Monaco, Luxembourg, Channel Islands, HK, Singapore and Swiss Balance sheets):
Sovereign, Supras/Quasi, Government Guaranteed, Banks (Covered and Unsecured), Corporates & Emerging. Investment Grade and High Yield. CDS.
Collateralized Mortgage Obligations: GNMAs, FNMAs, FHLMC...Front Sequentials, Strip Floaters, PACs, TACs...
Management of the Balance Sheet Interest Rate Exposure:
IRS: Micro and Macro Cash flow Hedges, Fair value Hedges…
Swaptions, Caps, floors & Collars Strategies
Head of Proprietary Trading.
Member of the Group Private Banking Investment Committee.
Co-Chairman of the GPB Treasury Global Credit Selection Committee and in charge of the Credit Analysis and Selection.
Management of Investment Book Managers. Two direct reports.
Member of the HSBC PB Monaco and Paris Asset Liability Committees representing the Treasury Investment Desk.
ALM projects: CSA contracts, Repos, Reverse Repos, NII Projections, MtM, PVBP...
Excellent knowledge of Money Market activity (Fiduciary deposits, FX swaps, MM placements, CDs, CPs, ECPs, Murabahas...).
Long/Short Equity Fund Manager
April 2005 - July 2006
Manager of the Descartes Market Neutral Fund Ltd:
Equity Pairs Trading with Mean Reversal Ideas, Decorrelation Ideas….
Management of the foreign exchange exposure
Manager of the Descartes Croissance Fund Ltd:
Equity Quantitative Model with EuroStoxx50 Benchmark
Management of the foreign exchange exposure
Long/Short Equity Sales Trader
Sep 2003 - Mars 2005
Development of a Sell-Side Long/Short activity:
Morning Mail: “Pair Trading Morning Ideas”, with L/S Ideas.
Formulation of trading strategies for clients.
Basket Trading and L/S Equity Trading (Ratio Trading)