Finance professional with nearly 30 years knowledge of the financial services sector; track record as CFO, CRO and Head of Internal Audit over last 15 years. Experience has included running finance, risk and operations functions, managing transformation programmes, launching 2 UK based banks; an IPO on AIM; setting up risk departments,re-engineering and then running an internal audit
Finance professional with nearly 30 years knowledge of the financial services sector; track record as CFO, CRO and Head of Internal Audit over last 15 years. Experience has included running finance, risk and operations functions, managing transformation programmes, launching 2 UK based banks; an IPO on AIM; setting up risk departments,re-engineering and then running an internal audit function and accountability for Sarbanes Oxley. In depth knowledge of Retail, Commercial and Private Banking, and Treasury and Trading business models, current regulatory environment and supervisory requirements. Responsibilities have included: management of teams in different geographic locations; all aspects of financial control; financial reporting, planning, budgeting and forecasting; plus credit, liquidity, market and operational risk management and capital planning exercises.
Chief Risk Officer @ Board and Executive Committee member responsible for all aspects of risk management. From May 2015 to Present (8 months) Head of Treasury Finance @ Interim Head of Treasury Finance and IFRS 9 Project Leader
Contract role to upgrade Treasury Finance function covering Statutory, regulatory and management reporting and to manage a number of competing projects including:
Implementation of new Cash Flow Hedge Accounting system;
Treasury system design phase (Murex)
Implementation of IFRS 9 for the Society. From January 2014 to September 2014 (9 months) Swindon, United KingdomDirector of Financial, Regulatory, Legal Entity Reporting & Controls – Commercial B @ Responsible for statutory (including press release), management and regulatory reporting for the Commercial Banking Division; leading the shared services centres supporting the divisional accounting function, accounting policy and all aspects of governance and controls.
- Leading Capital Optimisation and Margin analysis work to support Divisional ALCO
- Led Target Operating Model review of financial reporting teams including location strategy From December 2012 to December 2013 (1 year 1 month) Finance, Risk & Operations Director - Group Corporate Treasury @ Responsible for financial, management, business support and controls areas supporting LBG's Corporate Treasury
-Leading Finance, Risk, Middle Office and Transformation Teams
-Group policy owner for Hedge Accounting with P&L accountability
-Implementation of new operating model for Finance and Middle Office teams from existing Treasury support operations across the merged Group
-Overseeing migration of legacy systems and process to new operating model
-Leading Transformation Programme From June 2010 to November 2012 (2 years 6 months) Divisional Risk Officer - Group Finance @ Risk oversight of Finance Community including central treasury
Following merger with HBOS accountable executive for ensuring compliance with requirements of Sarbanes-Oxley for the Lloyds Banking Group
-Led roll out of Financial Control Framework across merged Group
-Setting up and managing the Group Finance Divisional Risk office covering capital, liquidity and interest rate management with responsibility for Risk Management reporting in statutory accounts
-Led design for finance transformation programme for whole of the Finance Community within Lloyds TSB Group. From June 2006 to July 2010 (4 years 2 months) Finance Director & COO @ Islamic Bank start up
-Executive Director of start-up Bank responsible for Finance, Operations and IT.
-Executive Committee member responsible for IPO leading to AIM listing, liaising with NOMAD, legal advisers and reporting accountants.
-Liaising with advisers, auditors and the FSA on governance and controls structure.
-Setting up new departments, hiring staff and agreeing remuneration policies across the company including incentive arrangements.
-Responsible for selection, customisation, design, testing and implementation of new bespoke computer system From October 2005 to May 2006 (8 months) Chief Financial Officer @ Responsible for all aspects of Finance and Risk
-Re-engineered financial control, market risk and credit risk functions
-Managed cost control programme to achieve annual reduction in non-staff related costs.
-Led review of regulatory and tax issues of changing status from a bank to an investment firm.
-Implemented economic capital model
-Director of in-house hedge funds; liaising with third party administrators on all aspects From July 2002 to February 2005 (2 years 8 months) CFO Private Banking @ Resposible for Finance and Risk across Private Banking Division From February 2000 to February 2002 (2 years 1 month) Group Head of Internal Audit @ Responsible for world wide audit function of Schroders group From September 1997 to February 2000 (2 years 6 months) Financial Controller @ Responsible for London Group and corporate controller of JHS. From July 1994 to August 1997 (3 years 2 months) Senior Accountant, Finance Division @ Responsible for statutory and regulatory reporting for Morgan Grenfell From October 1986 to July 1994 (7 years 10 months)