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• Lead in producing and delivering learning sessions for the broader Treasury teams to increase understanding of the Collateral function• People leader and development, fostering talent and delivering opportunities for team to further their careersAchievements• 5 years of financial performance, most recently exceeding budget by 300% across security financing and strategic risk taking positions in short end interest rates and fx basis• Inaugurated and developed a A$5b securities finance book with a focus on collateral and balance sheet optimisation. Most recently contributing $A3m of annual revenue while enhancing balance reporting metrics (LCR)• Strategic collateral optimisation project delivery, saving approximately A$5m across global clearing houses• Securities custodian optimisation delivering approximately A$1.5m in savings annually• Successful delivery as project lead of Initial Margin for Phase 4,5 and 6. Including implementation of new exposure monitoring processes, systems development and delivery of a functional control environment, encompassing onboarding procedures , risk and reporting frameworks• IRBR lead for CSA migrations (ESTR, SOFR). Producing tools and workflow processes resulting in an efficient and successful delivery of migrations• Foster team culture. Captaining the GT squash team, riding the Tour de Cure as well as organising team events

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).• Key member of audits including mis-selling, foreign currency funding, Singapore branch, foreign exchange and transfer pricing.

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, FX spot and FX swaps, interest rate futures & cross currency swaps whilst making markets for MSG trading desks• 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 market views.• Administered a non-deliverable forward book of A$500 million, hedging capital in local entities across Asia. In 2014-15 produced revenue vs. our benchmark cost curve of A$3 million.• Travelled to London, assisting during the high volume/high profit European dividend season. I made vital, time sensitive decisions regarding assets deployment to cover material failed trades (often well over A$100 million) which were crucial to overall profitability. • Researched, designed and successfully implemented a restructure of the Asian Cash Equities NDF book, a significant cross divisional project. This involved investigating the capabilities of systems, liaising with senior members of finance, Risk Management, Reconciliations, business management and multiple trade support teams. • Vastly improved the efficiency and capability of all aspects of the desks infrastructure. Leading projects by identifying an area for possible enhancement, analysing the information available from an array of systems/sources and applying a simple and efficient solution. This included enhancement of market tools, position management, P&L and liquidity reporting.

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.• Generated potential trade ideas. For example, took advantage of an arbitrage between European government bonds, US treasuries and variations between the repo and FX swap markets.• Designed and upgraded spreadsheets that significantly improved efficiency and reporting capabilities, including redesigning P&L reports and creating effective transfer pricing reports.

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.• Assisted in the development and implementation of the Stock Lending system (4Sight). • Streamlined the payment of custody fees charged to the SBL desk. This included restructuring the process to ensure custodial fees were booked in a system as well as designing and creating a series of automatic spreadsheets for the allocation of custody fees to various trading desks.