Daniel Prendergast Email & Phone Number

London, England, Gb

United Kingdom

United Kingdom

Role Overview:In my role at Barclays, I led global finance operations, steering a team of over 55 professionals. We achieved £1.2 billion in operating income, managing £10 billion in assets. My focus was on spearheading transformative projects, driving operational efficiency, and fostering financial innovation.Key Achievements:Initiated and led the 'Skills for the Future' program, significantly enhancing the skills and motivation of 500 finance professionals.Successfully directed the finance function of the Loan IQ project, optimizing resource utilization and delivering on time and under budget.Innovated treasury funding methods, developing a new Credit Economic Funding Model in 2023 that realized over £7 million in savings.Led the Brexit strategy, ensuring compliant and efficient pass-through accounting for loans and credit products through the Ireland entity.Implemented Alteryx and Tableau, cutting PnL reporting times by 50% and enhancing weekly counterparty analysis.Acted as a regulatory SME for FCA, PRA, and FRTB, maintaining compliance during volatile market conditions, including the Covid pandemic.Established a finance and risk framework for Global Illiquids, projecting £200 million in revenue and a £2 billion asset increase.Oversaw the finance function for Strategic Capital Issuance in the Primary Distressed Business, aiming for a £3 billion balance sheet expansion.My tenure at Barclays was marked by a commitment to strategic growth, process optimization, and leadership excellence, significantly contributing to the firm’s operational and financial success.

Johannesburg Area, South Africa

Role Overview:As the Financial Controller for Treasury and Financial Products at Investec, I played a pivotal role in enhancing the operational efficiency and financial integrity of the treasury and financial products division. My tenure was defined by strategic leadership, innovative financial practices, and a strong focus on regulatory compliance and effective reporting.Key Responsibilities and Achievements:Spearheaded financial reporting and control for structured products, focusing on FX, Debt, and Balance Sheet Management.Innovated in CIB FX Sales by implementing Business Intelligence tools, enhancing client monitoring and improving sales efficiency.Effectively implemented IAS39 for structured financial products, boosting revenue recognition and ensuring regulatory compliance.Developed and refined capital models for financial products, leading to improved decision-making, budgeting, and overall profitability.Upgraded financial reporting systems using SQL tools, minimizing discrepancies and consistently achieving satisfactory audit ratings.Recognized as a top performer, swiftly selected for Investec’s senior leadership program due to exceptional leadership skills and organizational impact.During my time at Investec, my efforts were focused on driving financial excellence, implementing robust control mechanisms, and leading the team towards innovative solutions in financial reporting and analysis.

Johannesburg

Role Overview:In my leadership role at ABSA Capital, I significantly contributed to enhancing financial control and risk management practices, particularly in collateral and FX operations. My tenure was characterized by innovative solutions, operational risk reduction, and strategic financial oversight.Key Responsibilities and Achievements:Developed and implemented a custom collateral management system, effectively merging data across entities to reduce operational risks and costs, fully operational within 6 months amidst the 2009 financial crisis.Enhanced internal and external controls, achieving 'Satisfactory' audit ratings in the first year and improving overall financial control efficiency.Demonstrated leadership excellence, evident through nominations to leadership programs and strategic involvement in Black Economic Empowerment (BEE) management.Played a crucial role in navigating the company through challenging financial times, ensuring stability and compliance in the face of global economic uncertainties.My role at ABSA Capital underscored my ability to innovate under pressure, drive operational efficiency, and maintain high standards of financial control and compliance in a dynamic and challenging economic environment.

Johannesburg Area, South Africa

Head of Treasury Middle Office & Operations GEM EMEA.*Global Operations Oversight:Promoted to Vice President, overseeing consolidation of daily operations and served as Regulatory representative for Africa.* Collateral Team Implementation:Implemented an onshore collateral team, reducing lead times in communication.*Risk Reduction: Implemented the first swaps clear program, reducing credit and balance sheet risk.

London, United Kingdom

* Organizational Growth: Part of the senior management team forming a new London financial control group.*Team Recognition: Contributed to organizational growth by forming three new areas and increasing headcount by 15 people.

Master'S Degree, Accounting And Finance

ACMA, CGMA

Bachelor Of Commerce (Bcom), Accounting And Economics