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CREDIT AGRICOLE CORPORATE AND INVESTMENT
- Commodities Back Office Manager
2008 - 2013
Reporting directly to Head of Capital Markets Back Office and managing a team of 15 providing a settlements and confirmations support service across all OTC commodity derivatives products (oil, soft, base and precious metals, emissions, gas, power and coal). Additionally managed a dedicated listed products team (reconciliations exchange vs internal system, margin call payments, LME matching and clearing)
Key responsibilities
* Optimise the processes within the team by increasing the level of straight through processing and adding additional manual controls where appropriate in order to reduce operational risk
Key Achievements
* Co-led a 6-month project to become LME Category 2 (self-clearing on London Metals Exchange): review of business and IT requirements, UAT testing, flow-chats and procedures.
* Participated in a 1-year project resulting in the creation of a joint venture with EDFT to trade financial and physical European gas, power and coal.
* Participated in PRISM project: definition of team's key controls (description, frequency and ownership) and reporting of these controls in PRISM tool. ;
* Implemented a 4 eye process for sending and matching confirmations.
* Automation of various business processes (calculation of OTC brokerage fees in Openlink, semi-automatic client chaser for pending confirmations, removal of manual pending confirmations spreadsheet, drafting of confirmation templates in Scrittura WordML, etc.).
* Carried out risk and control self-assessments for the commodities back office team.
* Created incident reports where financial losses/gains occurred within the team.
* Written Business Continuity Plan and UAT Testing Plan and coordinated UAT testing at disaster recovery site.
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BP / IST (Integrated Supply and Trading)
- Operational Risk Manager
2006 - 2008
BP / IST (Integrated Supply and Trading) GTEL (Gas Trading Europe and LNG)
Managing a small team and reporting to the Head of Middle Office, Operational Risk and Change Management with responsibility and ownership of operational risk framework for GTEL
Key responsibilities
* Co-ordination and chair of the monthly GTEL Risk Committees.
* Ownership and responsibility for co-ordination of the Business Incident policy and processes (reporting of operational losses/gains/misstatements/near misses).
* Ownership and co-ordination of NAI (New Activity Integration), EBC (Existing Business Change) and Deal Pipeline processes.
* Maintenance of the Key Operational Spreadsheets ensuring they were IT compliant.
Key Achievements
* Facilitated risk map assessment for the front office team.
* Designed and implemented the enhanced NAI, EBC and Deal Pipeline processes.
* Ad Hoc Operational Risk reviews of business change initiatives (Complex Contracts Review, SOX Operational Gaps, Origination Checklist, Data Privacy Project, etc.).
* Led integration of Operational Risk Management within business units with no operational risk structure in place.
* Provided training sessions on Operational Risk Management (London, Madrid, Milan).
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LLOYDS TSB
- Senior Business Audit Manager
Monaco Cedex
2005 - 2006
Managing a wide range of audit engagements with responsibility for identifying key weaknesses within processes and controls and to propose suitable solutions
Key Achievements
* Corporate Banking Business Unit Risk Management: Assessed the effectiveness of the Corporate Banking risk management framework by evaluating the system used to identify, manage and report risk.
* Customer Transaction Services - New Products Approval Process: Assessed the effectiveness of the control framework established within the New Products Approval Process in Corporate Transaction Services, Corporate Banking.
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PERICLES CONSULTING
- Senior Consultant
2001 - 2004
Projects included:
* Fastnet France: Developed administration of funds activities (diagnosis and recommendations, market study, benchmarks and targets, commercial development). ;
* CLC Bourse: Evaluated Back Office Cash (SLAB, Clearstream, settlement/delivery control, equity savings plan control) and listed derivatives (M/O, B/O, billing, cash management, accounting) processes
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Key achievements
* Organised and facilitated the Apollo Club which gathered asset management companies which used the Apollo tool (position-keeping tool).
* Conducted seminars and wrote articles on Asset Management (examples included: Marcus Evans conference: `Risks in Asset Management', EFE conference: `Multi-manager investment: investor expectations')
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INTERNET START-UP
- Co-founder
2000 - 2001
VCV - Personal project to create a Virtual Video-Club on Television:
* Creation of full business plan including market study on DVD, high-speed internet and VOD, marketing and product plan, legal and technical aspects as well as financials.
* Negotiations with potential partners and suppliers: venture capitalists, cable-operators, computer suppliers, lawyer, chartered accountant, consulting firm in interactive marketing, ...
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ARTHUR ANDERSEN
- Senior Auditor & Consultant
St. Charles
1995 - 2000
Participated and led teams on a wide range of finance related projects working for a diverse client base:
* Elf Aquitaine: Supervised the accounting department of the Sofax bank, a subsidiary of Elf. ;
* Société Générale: Managed team of 40 in reorganisation of Back Office operations. Resulted in resolution of 60,000 discrepancies and the implementation of a new process. ;
* S.G. Securities: Analysed risks and internal controls by business line. Prepared presentations for Vice President. ;
* Crédit Agricole: Conducted due diligence for merger of the brokers and their subsidiaries (Cheuvreux de Virieu, Dynabourse, Hayaux du Tilly).
