Christopher Sparkes Email & Phone Number

London, England, United Kingdom

Manchester, United Kingdom

Leeds, United Kingdom

Manchester, United Kingdom

Manchester, United Kingdom

Manchester, United Kingdom

London, United Kingdom

Development and production of daily liquidity gap reporting, undertaking liquidity stress testing across London and EMEA. Monthly reporting to the Market Risk, Asset and Liability management committee, as well as co-ordinating monthly liquidity stress testing amongst EMEA branches.Liquidity risk reporting to UK FSA (FSA 047 and 048), involving the understanding and adoption of UK FSA regulatory changes into existing liquidity risk reporting, as well as determining the most suitable approach to the new liquidity framework.Coordination of desktop liquidity contingency funding plan.The reporting of daily Profit and Loss and VaR figures for all trading and banking positions for London branch, their adherence to pre-approved limits and the further investigation of limit exceptions where appropriate.

Responsible for establishing a new credit risk controlling framework for the Credit Portfolio Management desk for all positions, including credit default swaps, credit index trades and bonds. Incorporating the specification, development and implementation of a new reporting system to adequately report associated risks, accurately calculate exposures against approved limits and report any resultant trade limit excesses. Ongoing tasks include the clearance of new business through approved limits and pre-determined trading frameworks, maintaining the integrity of credit risk and counterparty data and related senior management reporting for the EMEA region.Responsible for the quarterly Basel I and II regulatory returns, reporting all CDS positions and any resultant economic capital offsetting benefit there may be.

Responsible for the trade clearance of new and increased business through allocation from existing counterparty limits and other internal limit frameworks, acting as liaison between the front office and the responsible credit departments. Management, reporting and resolution of Non-Settlement and Settlement trading excesses, through consultation with Front Office, Credit, Operations and senior management. Incorporating; Foreign Exchange, Options, Money Market, Interest Rate Derivatives, Power and Gas, Commodities and Credit Derivatives positions.

Responsible for the successful development and implementation of an Equity Issuer Risk database solution and exposure reporting system for the bank's group wide Equity trading activities.Daily tasks included the reporting of new and existing Equity positions and assessing their associated credit risks, arising from trading in Stock, Convertible and Exchangeable Bonds, Options, Funds, Futures, Baskets and Certificates.Management of credit limits for new and existing Capital Markets positions, providing a pre-deal trade clearance function and acting as primary liaison between trading desks, Credit and Risk Controlling departments. Assist with creation of daily reporting on credit risk exposure and excesses for inclusion in management information submitted to the Bank's Managing Board of Directors.Represent London Capital Markets in Berlin, liaising with Head Office traders to perform Limit Management function and determination of future business requirements.