Senior Vice President - Treasury Trading
New York, Ny
Head of U.S. TreasuryLiquidity Risk OfficerSRFP is a subsidiary of Swiss Reinsurance Company specializing in securities arbitrage; equity, credit, interest rate, and weather derivatives; CLOs/CDOs; asset-backed securities; and insurance linked securities such as catastrophe bonds and whole life securitizations. SRFP was also used as a carrier for much of Swiss Re's non-traditional insurance business.Increased the funding sources of SRFP from $2.5 billion to $20 billion and the trading lines by a similar amount. Funding sources included repos, commercial paper, EMTNs, ABCP conduits, securitizations, deposit swaps, and private placements.Developed treasury reporting for SRFP. Created a liquidity model and liquidity risk management structure. Established funding limits, diversification requirements, and minimum liquidity requirements. Managed counterparty concentrations as well as collateralization obligations. Responsible for analyzing each SRFP business and trading strategy, identifying risks, and building a Basel III-type stress testing capability.Performed the treasury function for an affiliated broker-dealer and provided capital to Swiss Re's US insurance entities and North American offshore booking entities.Coordinated extensively with Swiss Re colleagues in Barbados, Bermuda, London, Luxembourg, and Zurich on all major issues and risks affecting Swiss Re's cashflow and credit standing.Worked closely with SRFP business units to develop products which made securitizations more cost effective, catastrophe bonds more attractive to investors, and meeting regulatory capital requirements more efficient.