Stephen Nurse

Stephen Nurse

Executive Director

ex JPMorgan

  • Highly experienced derivatives risk manager with extensive experience trading large, complex derivative portfolios, combined with unrivalled expertise in managing contingent derivative risks (XVA) within the industry’s largest derivatives franchise.
  • Deep practical experience leading the re-engineering of a global derivatives business to compute, price and risk-manage CVA, FVA and KVA.
  • Played a central role in responding to post-crisis regulatory change affecting capital, liquidity, margining and mandatory clearing.
  • Former global head of first-line risk and capital covering OTC clearing, futures & options and FX prime brokerage at a tier-one investment bank.
  • Widely recognised industry expert on counterparty credit risk, funding risk and derivative valuation methodologies.
  • Active participant in global industry forums including ISDA, FIA and CCP risk committees.
  • Extensive experience advising on clearing membership risk, exchange participation, and the evolving regulatory landscape.