Mark W. Email & Phone Number

City Hall

Overall portfolio management of balance sheet cash and investments (>$1.5bn).Oversee enterprise cash management & cash-flow forecasting to ensure effective use of cash, investments and debt. Manage debt financing strategy and issue debt. Ensure effective debt timing and optimal cost of carry.Establish effective and consistent investment management policy, governance, strategy and procedures for each fund/portfolio including:Manage the Credit Rating relationship (S&P) and… Show more Overall portfolio management of balance sheet cash and investments (>$1.5bn).Oversee enterprise cash management & cash-flow forecasting to ensure effective use of cash, investments and debt. Manage debt financing strategy and issue debt. Ensure effective debt timing and optimal cost of carry.Establish effective and consistent investment management policy, governance, strategy and procedures for each fund/portfolio including:Manage the Credit Rating relationship (S&P) and process. Understand and convey impact of financial decisions on the City's credit rating.Ensure portfolio risk profile is compliant with various regulation and corporate policy, including monitor counter-party credit limits.Maintain strategic and tactical allocations within each fund/portfolio to ensure consistent and measurable market competitive returns.Monitor fund/portfolio characteristics to ensure consistency with 1-3- 5 year return objectives;Overall direct responsibility for all trades placed within all portfolios;Develop, maintain and adhere to effective policy and procedures for active portfolio management.Identifying risks and implement controls to mitigate. Develop and maintain Treasury policies including cash and securities management, banking, debt and leasing.Manage debt financing strategy, execution and banking relationship for Enersource Corporation (City-owned municipal electric utility holding company).Co-develop, analyze and review legal agreements between the City and service providers.On behalf of the City, lead the development of the Prudent Investor Standard with the Ministry of Municipal Affairs. Co-develop submission on Bill 68 and supporting regulations.Contribute to industry regulation through participation in Ministry of Municipal Affairs committees and working groups.Oversee relationships with external service providers for Treasury, investment, banking, merchant services, payment cards and armoured courier services . Manage contracts. Show less

Toronto, Canada Area

Develop and maintain business solutions in financial client base.Provide subject matter expertise on Market, Credit and Operational Risk developments in global banking.Provide subject matter expertise on capital market structures, including exchange marketplaces, OTC marketplaces, algorithmic trading techniques and technology, and electronic trading.Publications:Trials of OTC Structured… Show more Develop and maintain business solutions in financial client base.Provide subject matter expertise on Market, Credit and Operational Risk developments in global banking.Provide subject matter expertise on capital market structures, including exchange marketplaces, OTC marketplaces, algorithmic trading techniques and technology, and electronic trading.Publications:Trials of OTC Structured Productshttp://www.benefitscanada.com/investments/asset-classes/trials-of-otc-structured-products-9466Made in Canada: Best Price Does Not Equal Best Executionhttp://www.benefitscanada.com/news/made-in-canada-8372 Show less

Advisory services offered into the Micro-Cap and Start-up sector; create Strategic Partnerships for clients. Develop working strategy to commercialize early stage intellectual property. Assist clients on strategic initiatives. Lead efforts to implement new business vision. Lead communication efforts to stakeholders on new business developments. Assist client in driving revenue into the new business initiative. Advise the management team on capital financing alternatives / strategies; assist in… Show more Advisory services offered into the Micro-Cap and Start-up sector; create Strategic Partnerships for clients. Develop working strategy to commercialize early stage intellectual property. Assist clients on strategic initiatives. Lead efforts to implement new business vision. Lead communication efforts to stakeholders on new business developments. Assist client in driving revenue into the new business initiative. Advise the management team on capital financing alternatives / strategies; assist in restructuring and re-positioning business models to unlock company value. Show less

Toronto, Canada Area

Provide trading and market structure expertise for world-class electronic trading platforms and portfolio risk management.Provide consulting and Operational, Credit and Market Risk Solutions and business process re-engineering.

Toronto, Canada Area

'96-'98Liability Trader, Short Derivative Products: meet profit targets for the Short Derivatives desk - 2 Years and under; provide 2-way markets on behalf of the bank, manage profit/loss & risk for the book, develop and maintain algorithmic trading, pricing and analytical systems; liaise with investment community. Products and Liability: Interest Rate Swap and FRA portfolio with a combined delta risk (DV01) of $25,000. Products managed include Interest Rate Swaps, Domestic Forward Rate… Show more '96-'98Liability Trader, Short Derivative Products: meet profit targets for the Short Derivatives desk - 2 Years and under; provide 2-way markets on behalf of the bank, manage profit/loss & risk for the book, develop and maintain algorithmic trading, pricing and analytical systems; liaise with investment community. Products and Liability: Interest Rate Swap and FRA portfolio with a combined delta risk (DV01) of $25,000. Products managed include Interest Rate Swaps, Domestic Forward Rate Agreements (FRAs), Bax Futures, EuroDollar Futures, EuroCad Swaps and FRAs, BA's, and TBills. Liability Trader, Bankers' Acceptance: manage a portfolio of BA's (size approx ~$1 BN) while meeting profit targets for the BA desk; provide 2-way markets, manage profit/loss & risk for the book, develop and maintain trading systems, analytics and hedging strategies; proactive matching of cash flows between bank BA borrowers and lenders. Products traded included BA's, TBills, Bax Futures, Swaps, FRA's and CAD. 92'-96Economist:Produce timely analysis of weekly, monthly and quarterly economic developments, on employment, real estate, retail trade, merchandise trade, GDP and Federal/Provincial government finance. Develop and maintain quantitative models to analyze and forecast the Canadian economy using financial market indicators such as credit, mortgage debt, money supply, interest and exchange rates. Show less

Masters, Economics (Finance)

Special Honours, Economics