Trading Wind Down

• Engaged in the delivery of a trading winddown (TWD) programme and created a multi-domain, cross workstream project and implementation plan.​

• Coordinated the PRA response to contain the description of the plan to deliver TWD across all entities and worked on the budget planning for the entire programme.​

• Created E2E process flows as part of TWD to flush out the requirements to construct a comprehensive log.

Design of a new Financial Institution’s customer business

• Assisted the client in pivoting from a product-led sales model and supported the design of a franchise-led model across key sectors. Establishing key parameters, governance model and controls.​

• Advised on short and long-term strategy for the new franchise identifying key areas for growth across the Financial Institutions market.​

• Mobilised the franchise, aligned to strategy and new governance framework, establishing operating rhythm across the business.

Risk Aggregation

• Led a multi-disciplinary team of business SMEs and project resources to define the strategic architecture options to aggregate counterparty credit risk.​

• Facilitated multiple discussions with the ExCo and senior leadership team to bring them to a consensus on a single solution. ​

• Worked with business SMEs to define and deliver the roadmap and plan for the multi-year programme of work.

Inflation-linked Bonds and Cleared Proceeds Asset Swaps

• Worked with business SMEs in Treasury function to define an instrument to hedge inflation risk on a £10bn portfolio.​

• ​Determined requirements for the 3-part package trade made up of: Inflation Linked Bond, Cleared Proceeds Asset Swap and a Cleared Interest Rate Swap.​

• Facilitated workshops to set the target state operating model for the new trading instrument and embed processes.

Finance Operating Model

• Designed and implemented a new Finance operating model for the Global Treasury Finance team. ​

• Converted GL accounting detail down to deal level for all Treasury Companies, into Enterprise Data Warehouse (EDW) to improve data integrity.​

• Built the EDW scheme for all accounting details required to support the Bank’s Global Treasury products.

Regulatory operating model

• Successfully consolidated all regulatory divisions into one new regulatory reporting system. ​

• Established the Treasury area, managed transition from old to new reporting system and amalgamated fragmented returns into a centralized Group return - which could be sent to the Central Bank.​

• ​Produced the suite of statistical reports for the Central Bank and embedded best practice within the regulatory reporting area.

Depository transformation and cloud data platform

• Redesigned the business model to position Depositary at the heart of an automated data-driven Funds ecosystem. ​

• ​Produced the Board strategy papers, defined the blueprint outlining architecture for an API-enabled cloud data platform and streamlined operating model. ​

• Shaped a 3-year £30m transformation, currently on track to deliver £100m income uplift over 5 years.

Treasury strategy and transformation

• Established a 3-year Treasury strategy and blueprint, worked with Treasurer and CFO – focused on BS management, and operating model. ​

• ​Designed all technology architecture and operating model transformation. ​

• Unlocked a capacity for £0.8bn of new lending, with a potential income uplift of £50m / year within 18 months from delivery.