Nikki Daly

Senior operations and financial risk leader with over 20 years' experience at the Bank of England. Extensive expertise across collateral management, counterparty operations, liquidity facilities, and middle office transformation. Proven ability to lead complex change initiatives, strengthen risk frameworks, and deliver operational efficiency across systemically important financial functions.

Trusted leader with strong stakeholder engagement skills and a track record of building resilient, high-performing teams.

Counterparty & Collateral Operations Manager, Middle Office - Bank of England - London, UK

(2024-09)

• Lead end-to-end collateral and counterparty operations supporting critical market activities
• Oversee risk management practices ensuring robust control frameworks
• Drive operational improvements to enhance efficiency, scalability, and resilience
• Engage senior stakeholders across risk, markets, technology and policy functions

Senior Project & Change Lead, Financial Risk Management - Bank of England - London, UK

(2023-02 - 2024-08)

• Led delivery of cross-functional change initiatives within financial risk
• Enhanced risk frameworks and improved operational processes across teams
• Partnered with senior stakeholders to align transformation initiatives with strategic objectives
• Contributed to strengthening governance and control environments

Senior Alternative Liquidity Facility Lead, Sterling Markets - Bank of England - London, UK

(2022-09 - 2023-02)

• Managed operations of alternative liquidity facilities within sterling markets
• Supported implementation of policy changes and operational readiness
• Ensured alignment between market operations and risk controls

Senior Project & Risk Lead, Middle Office - Bank of England - London, UK

(2021-01 - 2022-09)

• Delivered key risk and operational change programmes within middle office
• Improved control effectiveness and reduced operational risk exposure
• Coordinated across multiple teams to embed process and system improvements

Operational Team Leader, Middle Office - Bank of England - London, UK

(2017-05 - 2021-01)

• Led a team responsible for core middle office operations
• Drove improvements in service delivery, process efficiency, and team capability
• Managed performance, development, and resource planning

Operational Analyst, Middle Office - Bank of England - London, UK

(2016-01 - 2017-05)

• Supported daily operational processes across middle office functions
• Contributed to process improvements and risk mitigation activities

Openlink Software Developer (Part-time) - Bank of England - London, UK

(2010-01 - 2016-01)

• Developed and supported Openlink-based systems
• Bridged technical and operational requirements across teams

Operational Credit Risk Analyst - Bank of England - London, UK

(2008-01 - 2010-01)

• Analysed credit risk exposures and supported risk reporting
• Contributed to strengthening credit risk processes

Research Assistant / Data Processor, Monetary & Financial Statistics - Bank of England - London, UK

(2005-08 - 2008-01)

• Supported data analysis and reporting for financial statistics
• Ensured data accuracy and integrity for policy use

Economics - London Metropolitan University A Levels - Maths, PE, Business Studies, Chemistry - Greenacre School For Girls