Head USD Clearing Competence Center (Correspondent Banking)

Business and strategy lead for correspondent banking activity and relationships.

• Managed Major Regulatory Strategy for a Prominent Investment Bank: Leading a team of 4, drove multiple components, including research and a $20bn capitalization as part of a large-scale initiative to separate the Bank’s institutional capital markets and retail brokerage businesses. The project involved the migration of 8,000 clients and $260bn in assets to a new legal entity, as well as collaboration with various executive-level stakeholders and regulatory agencies including FINRA and the SEC – enabled the Bank to more effectively align its legal entities and lines of business. • Improved a Top Global Investment Bank’s Modeling for Pre Provision Net Revenue (PPNR): Partnered with Bank’s Comprehensive Capital Analysis and Review (CCAR) model documentation team to write robust, highly technical PPNR documents. Utilized quantitative and expert judgment methodologies to ensure a high level of rigor and consistency in statistical approach – key in advancing the Bank’s competency in PPNR modeling and bringing capital management closer to business forecasting and decision-making.• Contributed to Industry Transformation: Provided analysis and recommendations for a White Paper that outlined findings by the Federal Reserve Board (FRB) on the capital planning capabilities of 30 top-tier Bank holding companies participating in CCAR. Initiated and authored an insightful White Paper on the new standardized measurement approach (SMA), promoting consistency in operational risk capital calculations.

• Enhanced Effectiveness of Clients’ Risk Management Processes. Held overall PMO responsibility for implementation of highly complex Volcker Rule regulation, including Trading and Non-Trading Mandates, Project Billing and Expenses. Conducted various impact analyses of proposed rule on Trading activities across multiple product classes within the Securities Division and defined strategic solutions to ensure compliance. • Established Operational Risk Management Excellence: Teamed with global Investment Bank’s Operational Risk Management group and performed intensive review of controls and risks within the Federally Mandated Risk Control Self-Assessment (RCSA). Generated an enterprise view of the client’s operational risk profile and provided a disciplined approach to review, assess and design optimal control frameworks to manage risks and achieve business objectives.

Highlights:• In consultation with multiple lines of business and the market intelligence team, designed a strategic business development plan and oversaw the formation of innovative products in correlation with expansions into new geographic and industry segments Result: Between 2011-2013, a near 50% increase in profit and revenues attributable to both foreign and new industry segment endeavors• Development of an interface for relationship managers comparing cross border risks to expected revenue/net profit for potential international clients allowing for targeted marketing schemesResult: 25% increase in AuM for all international corporate clients contributing to a 10% in total AuM• Creation of a complex valuation model that assessed the credit worthiness of the entire corporate banking portfolio with an emphasis on various KPIs and quality of management. Project entailed collaboration with both the executive credit committee and relationship managers. Result: identification of 5 strategic exits and 50+ under-banked relationships. • Establishment of a novel proprietary program that tracked the default and recovery rates of nearly all facility types across the GCC allowing for highly accurate and rapid analysis of potential credits. Result: 4x increase in deal flow and a 15% reduction in NPLs• Compared collateral valuations to actual recovery rates. Evaluated appraiser/valuation relationships quarterly to insure highest quality providers were retained. • Reviewed business fundamentals, collateral package, legal documents, and loan performance • Actively managed a QAR 3B portfolio of over 50 customers, including several top 10 Qatari and top 20 global companies (by revenue).

• Initiation of future equity coverage of the Kuwaiti Banking sector, project highlights include:• Performed in depth credit research for equity coverage of GCC banks.• Built financial model to assess credit worthiness of GCC banks. • Determined economic impact on banks and financial institutions of new regulatory reforms introduced in Kuwait and in the GCC.

• Researched, modeled, and instituted new business development initiatives within the Private Banking Division.• Identified market share opportunities, and performed feasibility studies for new banking locations.• Implemented key market findings and steered the division toward higher margin relationships, increased profitability 20%. • Led a team of 5 in the acceptance of a division wide protocol that reallocated over 50,000 accounts to honed client segments.• Delivered customized sales programs and training manuals for several EMEA countries ensuring compliance with country-specific regulations in preparation for Basel 3 implementation.

• Performed fund accounting functions, including monthly performance analyses, risk measurement, budgeting/forecasting, working capital management, and capital allocation among 30 master funds.• Liaison to the firm’s investor base; published performance reports, responded to inquiries, reviewed account documentation. • Drove 40% acceleration in accounting alongside a 65% reduction in errors.

• Identified high-risk business and margin enhancement opportunities by conducting audits on hedge funds averaging ~$6 billion in AUM.• Performed extensive due diligence on customer accounts, reported directly to senior executive committee. • Built a central repository containing competitive intelligence on the alternative investments segment. • Produced an analysis that reduced losses related to hedge fund defaults by 30%.