Consultancy primarily focused on the Change Management agenda for the Fixed Income Rates, Funding & Treasury businesses. Undertook numerous assignments relating to the implementation of new system infrastructure including delivery of a new global stand-alone P&L aggregator capturing P&L and risk based attribution. This replaced an antiquated sub-ledger based PnL delivery platform. Built new and developed pre-existing P&L Excel working files for various desks including Rates Fixed Income and Treasury Funding. Added robust controls, providing greater visibility of key metrics and automating efficiencies to reduce production time and operational risk.Worked closely with FO desks to provide Ad Hoc requests including time series analysis, bespoke MIS packs, and various reconciliations to explain predict variances.Liaised with various support functions including finance, market risk and operations to explain and remediate stubborn breaks across the balance sheet and P&L reporting. Supported junior team member and other stakeholders in understanding the wider business and developing their own processes.

Team responsible for the monitoring of credit derivatives and securities trading of the European and Emerging Markets Credit Flow desks in Fixed Income acting as the primary control function; including the independent validation, attribution & reporting of new trading activity and portfolio valuation. Asset classes included corporate and government bonds, credit default swaps, index swaps and options, interest rate swaps

Team of ~2-3 responsible for the monitoring of asset swaps and securities trading of the European Complex desk in Fixed Income acting as the primary control function; including the independent validation, attribution & reporting of new trading activity and portfolio valuation. Production of daily P&L reports providing timely and accurate information for the Credit Solutions desk. This included analysis and reconciliation of P&L components, including new deal activity at trade level and the ‘Greek’ risk sensitivities; and balance sheet management. Redeveloped and automated pre-existing P&L working files to link all live asset swaps and legacy swaps by package using unique coding reducing production time from a working day to ~2-3 hours. Independent modelling of Asset Swaps to price complex packages to mitigate sub-optimal system valuation architecture. Worked closely with Trader Assistants and Sales to book, reset and amend complex swaps and bonds. Balance sheet maintenance and various reporting requirements and ad hoc desk queries. Month end analysis of trading book MTD P&L versus manual calculations of credit spread moves on complex packages.

Headhunted by an Executive Director who previously worked alongside me in forensic accounting at Calyon. Prime responsibility was the reconciliation, substantiation and management of the bank’s General Ledger (GL) for the Credit Derivatives business in Europe managing a headcount of ~ 2 in London and ~ 3 in Mumbai.

Headhunted by a senior manager at EY representing Calyon in the Royal Courts of Justice who I supported in the below-mentioned litigation. Part of an EY forensic team who undertook an investigation at Deutsche Bank into the root causes of position, cash flow and foreign exchange reconciliation breaks within the structured equity finance business. The role principally involved working alongside the mid-office client representatives to resolve historic cash flow breaks. Managed the prioritisation of cash flow breaks that were to be addressed daily and circulated bespoke MIS, together with a narrative trail that detailed their status, to the client representatives and senior management. Produced various types of MIS to illustrate position summaries and individual break resolution performance.Familiarised myself with the client’s internal system infrastructure and actively assisted the client representatives in both the review and resolution process of cash breaks that related to equity swap business. This entailed identifying the inception of each historic cash breaks and tracing them through the monthly resets to their current status to determine the remedial action required. Identified a number of control improvements that were accepted by the regional head in EY’s final recommendations.

Part of the forensic accounting team that worked on the world’s largest derivatives lawsuit to date, between CLR and Sumitomo. $1.1 billion in damages were sought over a dispute that related to CLR’s role as its largest clearing broker during the 90’s relating to copper futures and options trading by a rogue trader which led to losses in excess of $2.6 billion. Produced master trade databases that reconstructed Sumitomo’s daily credit utilization and account status over a three year period using contemporaneous accounting records. Reconciled these databases to the claimant’s court experts’ schedules and electronically identified erroneous data used by the claimant’s accounting experts.Reconciled the claimant’s LME broker trade database to the appropriate third party broker accounting records. Identified erroneous trade data presented by the claimant’s accounting experts. Provided dedicated support to the EY court expert in the production of reports producing a number of data schedules relating to margin call status and cash flow analysis that were appended to the court reports and referred to therein. Produced detailed reports and schedules on accounting related issues that were circulated internally at CLR and/or to external parties that represented CLR in the High Court.Undertook a warrant reconciliation exercise at the behest of the Group Head of Accounting to identify the warrant deliveries to the LME exchange that were subsequently picked up from the LME exchange, at a later date during the claim period. This was carried out both manually and electronically. In accordance with CLR’s FIFO loss methodology these warrants were then omitted from the overall loss calculation.Assisted in hiring, especially for ad hoc accounting projects.Supervised two separate team document reviews in 2001 and 2003 at the claimant’s repository in the United States where evidentiary reviews of Sumitomo’s disclosure accounting documents were undertaken.