Derek Hurst Cpa Cma Cfa Email & Phone Number

Toronto, Canada Area

Responsible for $1.5 billion of pension assets in a multi employer defined benefit plan.•Updated quarterly reporting package to investment committee providing insight on performance, cash flow and funded status•Negotiated new custody agreement saving C$0.2 million per year•Participated in asset liability study and implemented C$200 million in changes to asset mix•Led overhaul of foreign equity investments of $400 million, terminating four mandates and hiring two new investment… Show more Responsible for $1.5 billion of pension assets in a multi employer defined benefit plan.•Updated quarterly reporting package to investment committee providing insight on performance, cash flow and funded status•Negotiated new custody agreement saving C$0.2 million per year•Participated in asset liability study and implemented C$200 million in changes to asset mix•Led overhaul of foreign equity investments of $400 million, terminating four mandates and hiring two new investment managers. Show less

Toronto, Canada Area

Responsible for treasury operations, including C$1 billion in foreign exchange exposures, and C$1.2 billion in defined benefit pension assets•Reduced post retirement benefit liability by over C$80 million implementing benefit buyout and plan changes•Negotiated new service providers for actuarial and custody services saving C$0.5 million per year

Responsible for C$1Billion in external debt, C$900 million in defined benefit pension assets and a C$4million insurance program. This entailed developing and managing relationships with over 30 banks, investment managers, insurance companies, brokers, actuaries and consultants.

Managed five employees responsible for the budgeting and control of Labatt’s fixed costs and treasury and cash management operations

Analyzed and hedged worldwide foreign exchange exposures of € 500 million per annum and interest rate exposures in excess of € 2 billion.

Chartered Financial Analyst (Cfa), Investments And Securities

Ctp, Certified Treasury Professional

Mba, Finance

Cma, Accounting