I actively manage all hard currency rates & FX exposures for the EBRDs €70bn balance sheet. As well as duration, this crucially includes all term / discount / xccy basis risks, as well as non-linear exposures. Currencies covered include G7 + Scandies; KRW + CNY/CNH forthcoming. Sit on ALCOM to advise on and help shape broader balance sheet approach to more structural risks. I am active across the "macro" product spectrum: government bonds, interest rate swaps, asset swap spreads, xccy basis swaps (a particular focus), term basis, exchange traded futures and options (mainly G3), swaptions, caps & floors; FX spot, forwards, fx swaps and fx options. Also lead complex and long term strategic initiatives for the business, including: RFR IBOR transition work, being involved in 5 working groups (across US/EU/UK/ISDA); leading complex CSA renegotiations with all the associated xVA and value impacts; and frequent introductions of new products. On the IT side I represent Treasury at all the highest levels internally, but more importantly have helped drive the creation of a Market Database & XVA engine with our Quant team. I work closely with the Risk Dept to define our risk appetite and envelope at the top level. An active member of multiple trade associations, including but not limited to: ISDA, ICMA, AFME, CSFI, EMTA, Q15.

Highly experienced derivative risk manager, with extensive experience trading large complex derivative books, combined with unrivalled experience of managing the contingent derivative risks (XVAs), amassed in the industry’s largest derivative franchise.

I have extensive experience in driving the “re-engineering” of a large derivative franchise to compute and risk-manage the new suite of contingent risks (i.e. CVA, FVA, KVA) and respond to regulatory changes affecting capital, liquidity and the requirement to clear. 

As an industry expert I am active in various global forums (i.e. ISDA, FIA, and Risk Committees of various CCPs), on issues regarding the rapidly evolving risk-management and regulatory requirements for capital, liquidity, funding, margin and the clearing requirements as well as the risk of being a member on an exchange.

Interests:

• Aviation: Licensed fixed-wing pilot (military and civilian).
• Tennis: LTA-qualified coach. Competitive ITF Masters player. Won 8 ranking tournaments in 2025, ranked #1 nationally and top-25 globally.