Daniel Augustine Email & Phone Number

London, United Kingdom

GB&M Regulatory Advisory/Reporting Team

London, United Kingdom

• Managing margin funding for both Client business and House trading activity.• Monitoring collateralisation levels/costs regularly and take decisions on collateralisation modes with a view to maximise economic benefits.• Client money segregation on a daily basis to ensure client funds are segregated through diversification banks to maintain required regulatory levels at all times.• Regular review to ensure optimised levels of Collateral usage.• Reconciliation and investigating cash and collateral breaks, Intersystem breaks, stale prices, price blowouts etc in liaison with offshore processing teams.• Confirmation of Treasury front office transactions with internal trading teams and external banks.• Ensuring adherence and compliance of all client assets to FSA CASS rules, Client money rules and other relevant regulatory requirements.• System testing and procedural reviews where applicable as part of wider IT and process re-engineering projects.

• Collateral management to review daily exposure figures for client portfolios and agreeing MTM’s on open positions and moving collateral to ensure acceptable levels of exposure is maintained.• Overseeing day–to–day processes of Sec Fin team to ensure adequate & efficient workflow and acting as the First point of escalation within the team.• Agree & Move collateral on back of FOP settled trades, with counterparties to ensure minimum resultant exposure.• Reconciling Stock and cashpool positions with counterparties and investigating any discrepancies.• Instruct & Process DBV Collateralised trades into CREST and advice cash management on funding requirements.• To monitor and arrange for Triparty collateral trades to be funded in Clearstream by moving cash between Clearstream and main Nostro’s. • Process payments and arrange stock movements on Hedge Fund repo’s arranged by AI Financing for Fund of Fund portfolios.• Monitor cash breaks, and resolve if any, on a daily basis and to ensure adequate escalation as and when appropriate.• Ad-hoc projects and continuous monitoring the systems being used to identify system enhancement opportunities and initiating System change requests as relevant and appropriate.

• Looking after the entire portfolio of the clients’ collateralised trade requirements and ensuring that margin calls are made/received based on the daily exposure figures.• Ensure that the correct Collateral movements are made in accordance with the exposure levels and margin calls.• Ensuring that proper initial margining is applied to all appropriate collateralised trades in accordance to the trade agreements, and reconciliations between the trade systems and collateral systems to ensure any discrepancies are escalated and investigated.• Liaise with clients to resolve any dispute/discrepancies on the trade portfolios.• Ensuring that correct FX Netting figures are recorded and appropriate cash movements are made for the collateralised counterparties’ FX trades.• Liaise with financial control in all regions to ensure that all position valuations are consistent with financial records.• Liaise with Credit Risk Management to advise of any collateralised trading issues and ensuring that any deviations from policy are explicitly approved.• Liaise with Legal and Documentation units to ensure that all collateralised agreements are in accordance with operational capabilities.

• Collateral management for OTC Derivative positions to review daily exposure figures for group of clients and taking all actions necessary to reduce these figures to acceptable limits.• Agreeing & Issuing Margin calls and processing all types of collateral movements to reduce overall exposure. • Managing client’s collateral requirements and collateral recalls.• Generating, verifying and communicating collateral interest statements with the clients and taking all necessary actions to reconcile any differences and resolving issues that may arise, and instructing the required cash movements.• Reconciliation of positions and cash breaks.• Time critical processing of specific data from multiple databases to produce reports and communicating them to intended internal and external recipients.• Re-engineering security reconciliations database.

London, United Kingdom

Msc, It

Be, Industrial & Production

Education record