Andrew Marks Email & Phone Number

Sydney, New South Wales, Australia

Sydney, Australia

• Responsibilities
• Functional owner of CPS226 (Margining and Risk Mitigation) regulatory standard, including project delivery to meet regulatory obligations including APS310 attestation
• Presenting to APRA in Market Risk meetings as the groups CPS226 representative
• Short term positioning and risk management relating to collateral exposures
• Present to Senior Management regarding collateral and risk positions including opportunities, views and outcomes
• Ownership of representation of Legal agreements in product system, including signoff of CSA’s for commerciality and regulatory compliance

Sydney, Australia

Sydney, Australia

• Responsibilities
• Identifying key business risks, controls design, and testing operating effectiveness.
• Engagement with key stakeholders during audits.
• Reviews of the Corporate Banking business with focus on global markets trading, market risk, treasury and operations.Achievements/Results
• Mis-selling audit team award in recognition of outstanding performance.
• Designed and built a Risk and Control Matrix (RACM) and test paper program to reduce administration and improve consistency across the team (saving approximately 1 working day per audit per person).

Sydney, Australia

• Responsibilities
• Owner of interest rate and FX risk limits for the division globally. This includes trading deliverable and non-deliverable interest rate swaps, basis swaps, currency options, deliverable and non-deliverable forwards.
• Managing funding for MSG including 0 day funding forecast and liquidity report to bank wide stakeholders
• Ownership of all trading desk related tasks including funding, risk reporting and P&L.
• Central point of escalation for all MSG funding issuesAchievements
• Effectively managed a global funding book of up to A$10 Billion, generating a substantial and consistent annual profit of more than A$ 3 million. This included formulation of trade ideas and positioning with considered.

Sydney, Australia

• Responsibilities
• An interim role during an internal restructure which took on concurrently with the rates trading role above.
• Financing of house inventory in the bilateral and triparty repo markets. Reduced MSG’s reliance on wholesale funding from Treasury and reduced MSG’s transfer pricing charges.
• Match book inventory between clients over Australian and Asian equity assets.
• Negotiated all aspects of deals with clients. Including rates, tenor, securities used as collateral, size and currency. Liaised with internal stakeholders (such as credit & legal) for trade approvals.Achievements/Results
• Increased the presence of Macquarie in the Repo and Reverse Stock Loan markets in Asia. Initiated the first reverse stock loan financing deals in Taiwan and Korea. As a result, Asian repo trading increased 5 fold.

• Operational Duties
• Manage collateral for the Stock Lending business in Australia and Asia on trading books worth several billion in absolute value.
• Liaise with Capital Management, Front Office, Custodians and clients in daily cash management
• Negotiate with clients on the movement of cash, stock and bonds as collateral to cover exposures.
• Maintain client static data for both stock settlement and cash payment and monitor and clear cash and stock reconciliation breaks.Achievements/Results
• Saved the Asian Stock Lending business USD $317,000 by identifying, investigating and quantifying a withholding tax overpayment that went unnoticed, working closely with Tax and front office.