I'm a Senior Treasury Transformation consultant with 18 years of experience, specialising in interpreting and applying regulatory requirements to drive impactful organisational and business process change within the Financial Services industry. Throughout my career, I've developed a proven track record of meeting strict deadlines while ensuring exceptional results. I excel at taking ownership of projects, believing strongly in doing what's right. My approach is focused on delivering successful outcomes for transformational initiatives, maintaining a results-driven mindset at all times. I've contributed to external profitability surpassing competitors through superior responsiveness and execution, consistently demonstrating my ability to deliver.Some key highlights of my expertise include:- Developing and executing robust transformation programs to deliver strategic initiatives on time and within budget.- Analytically solving problems and making well-thought-out decisions, employing a detail-oriented yet pragmatic approach.- Building stakeholder confidence by engaging executives and fostering transparent, trusted relationships with regulators, rating agencies, investors, and cross-functional teams.- Leveraging extensive experience in both liquidity and capital disciplines, coupled with deep knowledge of investment banking products, to generate insightful analysis and bespoke modeling solutions efficiently.
Fintech Organisation
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Treasury ConsultantFintech Organisation Jan 2024 - PresentLondonReporting directly to the head of Balance Sheet Management and Treasurer, serving as the Treasury Lead providing advisory services to special projects, driving the Corporate strategy of this FinTech organisation
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Head Of Irrbb TransformationHsbc Apr 2022 - Aug 2023London, England, United KingdomDirectly reported to the Global Head Transformation and Global Head of IRRBB, serving as the primary liaison for IRRBB business inputting into IRRBB strategy formulation. Responsible for the implementation of the IRRBB Strategy and plan, providing updates to the Board, Global Risk Committee (GRC) and HBSC Asset and Liability Committee (HALCO), whilst managing regulatory responses.• Established comprehensive book of work to execute IRRBB strategy, spearheading a $50 million delivery… Show more Directly reported to the Global Head Transformation and Global Head of IRRBB, serving as the primary liaison for IRRBB business inputting into IRRBB strategy formulation. Responsible for the implementation of the IRRBB Strategy and plan, providing updates to the Board, Global Risk Committee (GRC) and HBSC Asset and Liability Committee (HALCO), whilst managing regulatory responses.• Established comprehensive book of work to execute IRRBB strategy, spearheading a $50 million delivery program to ensure seamless implementation across 6 pillars of the strategy.• Achieved enhanced NII stabilization and decreased core capital sensitivity by successfully implementing the IRRBB strategy, leading to notable improvements in risk monitoring and management.• Enhanced long-term capabilities for IRRBB management, mitigating risk to the Group's NII through the development and implementation of a revised IRRBB organizational structure.• Effectively orchestrated large-scale consultancy initiatives, overseeing a team of 90 consultants to deliver strategic advisory services, comprehensive implementation plans, and impactful resource augmentation. Show less -
Program Manager (Director), Ibor Transition, Group TreasuryHsbc Jun 2019 - Mar 2022LondonReporting to the Group Head of IRRBB, established and delivered the Group Treasury IBOR transition programme, delivering on regulatory expectations within 18 months to cease explicit LIBOR referencing product origination.• Led global team of 20 to establish and deliver compliant Treasury program. Orchestrated complex plan of operational changes and dependencies, drove business requirements evidencing detailed traceability to regulations.• Enabled HSBC Holding company to establish… Show more Reporting to the Group Head of IRRBB, established and delivered the Group Treasury IBOR transition programme, delivering on regulatory expectations within 18 months to cease explicit LIBOR referencing product origination.• Led global team of 20 to establish and deliver compliant Treasury program. Orchestrated complex plan of operational changes and dependencies, drove business requirements evidencing detailed traceability to regulations.• Enabled HSBC Holding company to establish operational capacity for the rollout of new Risk-Free Rate (RFR) products encompassing bonds, loans, and swaps, crucial for maintaining compliance with capital requirements.• Successfully facilitated the transition of external HSBC Capital and MREL securities, including those issued by the HGHQ and its subsidiaries, along with internal downstream instruments and associated swaps.• Spearheaded the transition of Group Funds Transfer Pricing (FTP) policy, curves, and internal back book to Risk-Free Rates (RFR), supporting impacted functions and businesses in updating their operational processes accordingly.• Formulated and executed optimal hedging strategies during the IBOR transition, with a focus on risk management. Show less -
Consultant - Brexit Modelling, Hbeu Alcm (Contractor)Hsbc Oct 2018 - Jul 2019London, United KingdomResponsible for developing frameworks to monitor business execution against the strategic Brexit plan and assessing the impact of Brexit plans on Capital and Liquidity. • Evaluated the effects of strategic Brexit initiatives on critical Liquidity and Capital regulatory metrics with presentation of ALCM analysis of strategic initiatives to the Tripartite regulatory forum.• Enhanced commercial decision-making, modelling the financial impacts of Brexit initiatives providing a view of RWA… Show more Responsible for developing frameworks to monitor business execution against the strategic Brexit plan and assessing the impact of Brexit plans on Capital and Liquidity. • Evaluated the effects of strategic Brexit initiatives on critical Liquidity and Capital regulatory metrics with presentation of ALCM analysis of strategic initiatives to the Tripartite regulatory forum.• Enhanced commercial decision-making, modelling the financial impacts of Brexit initiatives providing a view of RWA, Capital and Liquidity impacts, to facilitate strategic Capital and Funding placements across HSBC Europe and France.• Achieved business execution readiness in alignment with the strategic Brexit plan, actively overseeing HSBC's operational preparedness to meet regulatory requirements and strategic objectives within specified timelines. Show less -
Vp - Planning & Stress Testing, Risk Analytics (Contractor)Barclays Jun 2017 - Oct 2018London, United Kingdom• Successfully managed quarterly ALM and Stress Testing submissions to the PRA and EBA, ensuring capital adequacy.• Created a comprehensive framework empowering Business Heads to gain deeper insights into the RWA profile and capital efficiency of their business units and products. -
Treasury Transaction Advisory, Capital ResolutionRbs Mar 2015 - Oct 2016London, United Kingdom• Provided strategic Treasury input to support the Williams & Glyn banking license application to the PRA. Managed the preparation of financial analysis for Investor Relations to be presented to rating agencies and analysts.• Bespoke modelling of strategic products, with holistic insights into P&L, balance sheet, funding, capital impacts, and ROI.• Led due diligence to maximise value during the proposed trade sale or IPO process. -
Vice President, Strategy & Financial Planning, Markets Treasurer OfficeRbs Markets And International Banking May 2012 - Nov 2014London, United Kingdom -
Clo Portfolio Manager, Rbs GbmRbs Markets And International Banking Jan 2011 - May 2012Managing a portfolio of synthetic balance sheet securitisations providing capital relief via the transfer of credit risk from RBS to third parties. -
Financial Modelling Manager, Eds, Rbs Non-Core DivisionRbs Markets And International Banking Jan 2011 - Jan 2012Managing a Financial Modelling team of two people providing bespoke modelling solutions in order to explain the underlying dynamics of the Non–Core asset base. -
Decision Support Analyst, Rbs Asset Management FinanceRbs Markets And International Banking Feb 2009 - Dec 2009Preparing, analysing and interpreting management to aid the decision making of the head of RBSAM. -
Associate, Financial Institutions Coverage FinanceRbs Markets And International Banking Oct 2006 - Feb 2009Producing monthly FI Relationship Management performance data and significant process improvement. -
Forecasting Analyst, Energy ForecastingRwe Npower Nov 2004 - Oct 2006Birmingham, United KingdomInterface with the Energy Trading Desk to inform of anomalies in the various forecasts and influence purchasing decisions.
Richard Lomas Education Details
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The Chartered Institute Of Management AccountantsAssociate Chartered Management Accountant (Acma) -
Certitm, Certcff -
1St Class Honours
Frequently Asked Questions about Richard Lomas
What company does Richard Lomas work for?
Richard Lomas works for Fintech Organisation
What is Richard Lomas's role at the current company?
Richard Lomas's current role is Treasury Transformation Consultant | Programme Manager | Delivers Strategic Initiatives | Executes Transformation Programmes | Drives Change.
What schools did Richard Lomas attend?
Richard Lomas attended The Chartered Institute Of Management Accountants, Association Of Corporate Treasurers, University Of The West Of England.
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Richard L.
London -
3americanexpress.com, americanexpress.com, citi.com
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Richard Lomas
Burton Upon Trent3hotmail.com, tnt.com, fedex.com -
1siemens.com
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