David LE CLOIREC

En résumé

Entreprises

• Crédit Suisse - Director - Head of Fund Onboarding Luxembourg & Member of the Authorised Management of CSFSL

  Paris 2019 - maintenant

• Crédit Suisse Luxembourg - Vice President - Head of Fund Onboarding Luxembourg

  Paris 2015 - 2018 - Responsible for the Luxembourg Fund Onboarding Portfolio and as such for ensuring the timely and successful implementation of the various client facing fund projects of new and existing clients in the Luxembourg Onboarding Team.
  - Team management: allocating and prioritising projects, training and supporting the Onboarding Managers of the team through their assigned projects, conducting yearly appraisals and regular touch points.
  - Leading the implementation of Top Tier Client projects
  - Reviewing Fund legal documentation (prospectus, AoI, agreements…) and assisting clients in the structuring of their product.
  - Supporting sales/products in the analysis of new business opportunities and feasibility assessment.
  - Leading and/or participating to transversal projects such as processes enhancements, new products development or regulatory changes.
  - Fund Directorship: holding Board mandates for Funds (AIFs / UCITs) serviced by Credit Suisse.
  - Representing Credit Suisse in industry events.

• Citibank Luxembourg - Vice President - Head of Business Implementation & Change Management

  New York 2010 - 2015 - Responsible for the on-boarding of large clients and complex projects, involving resources located across multiple locations.
  - Team management: allocating projects, training and supporting the BI Managers of the team through their assigned projects, conducting yearly appraisals and regular touch points.
  - Leading the implementation of Top Tier Client projects, coordination of all operational teams involved, action log and project plan design and maintenance, in compliance with Citibank Risk Management procedures and guidelines.
  - Reviewing Fund legal documentation (prospectus, AoI, agreements…) and assisting clients in the design of their product and the drafting of specific wordings to match their needs.
  - Designed and Implemented the Change Management Process and introduced it to all clients in 2011. Retained full responsibility for it since, for all Luxembourg clients: analysis of clients’ change requests; cost, resources and timeline assessment; prioritization and implementation of the new service/product and monitoring of the associated invoicing.
  - Supporting sales and products in the analysis of new business opportunities and design of new services and products.
  - Acting as a recognised SME and escalation point on various matters such as Share Class Hedging, RMB Products, Performance fees, Fund liquidations etc…

• CACEIS Luxembourg - Senior Business Implementation Manager

  Paris 2008 - 2010 - Project management in fund servicing, including both Fund Administration and Custody streams, wide range of projects such as launch of new funds for new or existing clients, migrations (in or out), mergers, liquidations, re-domiciliations …
  - Central point of contact for internal departments as well as for clients until project completion and handover to assigned relationship managers and operational managers.
  - Analysis of clients’ needs and conversion into implementation of existing and/or new processes or IT developments requests.
  - Preparation and management of the internal “Project Committee”: presentation of ongoing projects to the senior management for milestones validation and allocation of resources.
  - In charge of the design and enhancement of the in-house project management tool.
  - Creation of operating memorandum, pricing policies, migration plans and SLAs.
  - Working closely with CRM teams to assist and guide platinum clients in the pre-project analysis.

• Caceis (Ireland) - Fund Accounting Section Manager - Hedge Funds

  Paris 2005 - 2008 - Management of fund accounting staff (staff under management reached 15).
  - Relationship Manager for assigned clients. Responsible for the take-on of new business: launch and set up of funds, NAV calculation and processes implementation.
  - Conception of an access database to automate the production of KPI reports.
  - Creation of checklists and procedures to enhance the Fund Accounting processes.
  - Development and implementation of accounting methods for new products.
  - Creation of Excel spreadsheets for complex performance fees calculation.
  - Training of new staff and senior fund accountants (in groups or individually), NAV reviews, drafting of presentations on new products and NAV process.
  - Development of automated cash and stocks reconciliation Excel files.
  - Review and sign-off of financial statements.

• Société Générale Securities Services (Ireland) - Hedge Funds Supervisor

  Colombes 2003 - 2005 - Responsible of the relationship with the Fund Accounting system vendor.
  - Training of new staff, NAV reviewing, cash/P&L/holdings reconciliation within a team of 8.
  - Calculation of daily, weekly, monthly and quarterly NAVs.
  - Involved in the entire life of funds, from inception to termination audit, for a large variety of funds investing in a wide range of products (CDS, CFD, IRS, ETFs, Futures, bonds, equities, options…).
  - Working closely with auditors to answer queries, and prepare financial statements.
  - Dealing with IFSRA, data vendors (FT, BBG...), prime brokers, custodian, lawyers and numerous counterparties or other third party service providers.

Formations

• IGR-IAE De Rennes

  Rennes 2001 - 2002 Master Finance Trésorerie
  
  2001-2002 MASTER OF SCIENCE IN FINANCE AND TREASURY - with honours
  Master Finance Trésorerie, IGR-IAE de Rennes.
  Wrote a dissertation about the use of indices in portfolio management.

• IAE Poitiers

  Poitiers 1999 - 2001 MSG
  
  1999-2001 BACHELOR HONOURS IN BUSINESS ADMINISTRATION
  MSG (Maîtrise en Sciences de Gestion), IAE de Poitiers.
  ERASMUS exchange program: studied 6 months in Linköping, Sweden.

• IUT GEA Rennes

  Rennes 1997 - 1999 IUT GEA
  
  1997-1999 DIPLOMA OF HIGHER EDUCATION IN BUSINESS ADMINISTRATION
  DUT de Gestion des Entreprises et des Administrations, IUT de Rennes.
  Wrote a dissertation and shot a video clip on client acquisition, conversion and loyalty programs.

Réseau

• Adeline VAVASSEUR

• Arnaud HURTARD

• Brice LE ROUX

• Dominique MARCHAL

• Emilie GAUTIER

• Frédéric LEFEBVRE

• Hubert FRESNEAU

• Médéric WEICKERT

• Stéphanie COMPAIN KUCH

• Typhaine MILIN VALLIÈRE