Max Gundy Email & Phone Number

Sydney, New South Wales, Australia

PO Capital Markets Pty Ltd, (POCM) stated goal is to provide a superior Inter Dealer Broking business using technology to limit the risk of regulatory issues for our clients but to also offer a premium service at reduced costs. By using PO Trade, POCM can transact in Interest Rate Swaps and Options delivering the trading tickets on our clients’ desktops within 30 seconds. Our solution offers a cheaper dealing experience for our clients as we don’t rely upon a middle office to hand input transactions. Along with PO Trade we have also developed PO Trade Liquidity, (POTL), a system that is designed to replace the front-end Bill contracts. The POTL solution will have more market depth to it, tighter prices, and will be approximately 40% to 50% cheaper to transact than the futures contract.PO Capital started actively voice broking in the Australian IDB market 12 months ago and each month is seeing revenues growing.As Deputy CEO my role is explore new growth opportunities for the business, to steer the business as we grow it from just being a startup, working closely with the CEO on potential plans for expansion, as well as regulatory contact, and senior management of the business.Key Achievements Granted an ASIC RG 172 license to operate an exchange, the POTL platform requires this license. Growing revenues in our current voice broking business. New growth initiatives being developed including Singapore, Hong Kong and London. I have beenactively working with all three regulators to pursue these. Investigating more products in Sydney, Forward FX and Bond broking to further expand POCM’s reach

Sydney, New South Wales, Australia

Sydney, Australia

Sydney, Australia

The Global Private Asset Group was formed to ensure the Banks relevance to its existing Clients as well as to source new external finding opportunities for Clients where the Bank does not have sufficient risk appetite.This was based on Identification of the need for BCF to address external threats to its core lending business. The focus is on the offering and arranging of long tenor debt to the Banks Clients to ensure borrowers can maintain their balance of funding for long term projects, so as to keep CBA relevant to our Clients and provides further product offerings and interaction. My role was responsible for establishing partnerships with global funds to streamline the BCF balance sheet and to allow for greater loan distribution.Key Achievements Placed $60 mil of debt, $25 mil Senior debt and $35 mil Subordinated debt for a NSW retailer with externalinvestors within five months of team formation. This involved identifying potential investors, negotiatingkey terms and completion of transaction. This represented the first deal of its kind for CBA in that itparticipated in a client’s capital structure with external investors and was a successful deal for the bank,the borrower and the investors. Identified a broad range of potential domestic and international investors for future investment alongsideCBA. This has established a targeted client list, including client risk appetite, required returns and potentialstructures which will inform future deal opportunities.

Sydney, Australia

CPM is responsible for monitoring the creditworthiness of the IB&M loan book. My role was responsible for finding solutions to improve IB&M’s return on Capital as well as reducing risk weight assets on the IB&M balance sheet. The requirement to work with APRA guidelines, for example APS 120, meant thorough understanding of the regulators rules that the bank needs to follow to ensure maximum Capital relief.

New York

As Head of Global Markets, Americas, responsible for the financial performance and operations of the Dealing room which is made up of Treasury Dealers, and Global Markets Sales and Trading professionals in Foreign Exchange, Fixed Interest and Rates Derivatives, and Commodities. Oversight of the Americas Balance Sheet and Liability and Asset Management Strategy including Funding,short and long term Liquidity, Risk Management and ensuring compliance with the changing regulatoryenvironment, Dodd-Frank, and BASEL reforms. Management responsibility for Treasury personnel andoperations. Regular contact with local regulators, which includes the Office of the Comptroller of the Currency (OCC), Financial Industry Regulatory Authority (FINRA), and the Cayman Islands Monetary Authority. This ensures open communication channels with the banks international regulators. Chief Executive Officer of Commonwealth Australia Securities, the banks Broker/Dealer. Responsible forthe oversight of the Fixed Interest Sales activities and the Private Placement business.Led the increase in financial performance of the room over the two reporting years. In the first year, theroom outperformed budget by 18%, the second year the room increased the outperformance by up 25%. Led a team of 25 Market Sales professionals and traders, previously operating as four product focusedgroups, to become a high-performing team with a whole of business focus. This involved instituting a more cohesive working environment and removing product silos, resulting in a more profitable business, which doubled profit within two years.Managed the seamless transition of America’s Markets business through the change process associatedwith new Dealing regulations such as Dodd-Frank.Instigated regular Client portfolio planning meetings between the Client Coverage and Product bankerswith relevant Dealers from Markets.

Greater New York City Area

As Country Head of the Commonwealth Bank of Australia in the Americas, the role is the senior representative of the Bank to the Client base of the Americas business and to the local Regulators which includes the Office of the Comptroller of the Currency (OCC), Federal Reserve Bank of New York, Financial Industry Regulatory Authority (FINRA), and the Cayman Islands Monetary Authority.Responsible for setting the America’s strategy, financial performance and overall operations of the Americas business which encompasses Institutional Banking, Treasury Management, Global Markets, Private Placement, and Service and Support Areas. Chair of CBA America’s Asset and Liability Committee (ALCO). Oversight of Treasury and Business activities for the Americas to ensure compliance with the Banks Group Risk Policies and global Regulatory requirements.Key Achievements Established the America’s business plan effective from 2016, which was implemented over thefollowing three years, with a focus on Lending and Capital returns. Oversaw CBA Americas balance sheet to comply with both US regulators requirements for StableFunding ratios as well as Australian regulators rules. Established positive working relationship with the Office of the Comptroller of the Currency whichmeant that CBA America’s received consistently positive audit outcomes and feedback.

Sydney, Australia

Managed the global Interest Rate Option and Inflation Trading team, responsible for the Products financial performance, oversight of the products distribution to the Banks Sales teams, trading limits and delegations for the products traders. The business originally was Australian based concentrating on AUD/NZD vanilla structures. Building the business required maximising the many opportunities for Client interaction, both internally and externally, to ensure that that Clients understood many of the risks involved when transacting in derivatives.Key Achievements Created a high-performing, collaborative and cohesive team, requiring overcoming geographical challengesand time zones, through regular individual and team communication. This facilitated the building of closerelationships between team members and led to international staff transfers, retention and sharing ofknowledge. Led the expansion of the financial performance of the business with increased products and geographiescovered, allowing for a more diverse Client base to work with. P/L outcome was more stable and grewfrom $4M to a best result of $70M in 2010. Expanded the products offering from AUD/NZD focus to cover six active currencies. Grew the businessfrom two Sydney based Traders to eight Traders, one Sales staff, located in Sydney, Auckland, New Yorkand London. Developed exotic derivative structures to cater for Client demand. Saw increased deal flow from the CBA’sAsset and Liability clients. Executed CBA’s first Inflation swap. This involved fixing a Clients 20 year infrastructure inflation exposureand offering the risk to Funds who actively wanted that exposure Member of Rates Trading Teams leadership group.

Responsibilities & Achievements Advised and executed Asset and Liability strategies for TCorps’ balance sheet, the State of NSW’s Budget Sector Debt, and other State owned Corporations. Primarily used derivative strategies to minimize interest expense for the NSW state. Treasury Manager for Macquarie Generation, NSW largest electricity generator. Managed both the debt profile and short term cash holdings. Advised NSW Treasury on funding proposals for infrastructure projects, such as the Cross City Tunnel, the M5 project, and FX component for the 2000 Olympics Responsible for hedging the States diesel exposure for public utilities such as Sydney Ferries and Buses,FreightCorp, and Countrylink passenger trains. Acting Head of Capital Markets Issuance for one year. Issued a number of Exotic Notes for TCorp.