Stephen Halliday Email & Phone Number

Edinburgh, Gb

Specialising in implementation and construction of new multi asset strategies across asset classes and instructing cost-effective trading in global markets. Responsible for hedging (FX/duration/delta) and portfolio rebalancing. E2E knowledge of investment process, order management systems and operating models to ensure trading is complete within an effective control framework.

Edinburgh, Scotland, United Kingdom

 The point of escalation for all of our Front office teams (including Edinburgh, London, Boston and Singapore) for any Operations issues.  Assist with problem solving critical issues that have significant impact on the business. Have broad knowledge of all operational areas so that I can help define the problem to each of the impacted operations areas. Lead Ops Business Partner monthly meetings with each Investment team asset class This ensures Operations are fully engaged in all significant challenges affecting those areas and taking positive steps to meet the needs to the Investment teams. Design and Implement tactical derivative models to support specific Investment team needs which are approved by the DMC, such as, Amortising Cross Currency Swaps (Delivered Sep 2019) and SPIRE (ETA Q1 2020). Maintain a strong network across Investment team, Operations and ITS so that I can play a key and effective role of resolving and communicating issues.

Edinburgh, Scotland, United Kingdom

 Daily validation of OTC derivative valuations used in Citi NAVs for the GARS Funds using Fincad valuations tools built on desk.  Theoretical and practical In-depth knowledge of OTC derivative instruments. Key role in implementing legislative change that impacts Derivatives Control such as Central Clearing and EMIR. Using analytical and problem solving skills to explain valuation differences between several sources. Assess partial or full close out amounts of our OTCs to ensure the amounts paid or received are reasonable given the positions we held.  Oversee and perform Reconciliations performed by Citi, SSB and in-house to ensure our book of records are consistent across the many systems our trades are captured.  Designed Inflation swap valuation model used by Citi and SLI including seasonality analysis to best fit our valuations to the market. The model was reviewed and endorsed by SLI Multi-Asset Investment Team. Detect trading/keying errors using valuation reports and risk analysis. Comprehensive working knowledge of Bloomberg for OTCs and ETDs Review Collateral Disputes and liaise with Counterpartys to scrutinise their market data to ensure they are marking our trades at fair value. Represent the team on several of the key Internal and External projects that impact Derivatives Services such as MIFID II, Implementing new instruments, and leading the Derivatives team transition post IGNIS take over. Derivative Control’s Process improvement champion.

Edinburgh City, Scotland, United Kingdom

 Capture OTC derivative trades from OTC database and key them into Reuter’s Kondor system. Detect keying errors throughout the various control checks. Capture cancel and re-book trades ensuring route cause for errors are understood and resolved. Maintain and improve control framework to ensure processes are efficient and documented. Project managed the merge between Trade Support and Collateral management teams.

Edinburgh, Scotland, United Kingdom

 Oversight of JP Morgan’s (SLI’s Collateral agent) collateral service. Review of cash instructions to pay / receive collateral. Collateral Disputes: review output of reconciliations and liaise with counterpartys to rectify issues. Represent the team on the monthly and quarterly service reviews Represent the team on projects to ensure our requirements were captured correctly.