Russell Brodie

I have experience working within banking and asset management. I have also worked in the front and middle office and the products I have covered are OTC Derivatives, Equity Derivatives, Futures & Options, Commodities, ISDA Confirmations, Treasury, FX&MM, Fixed income, Securitisation, Reconciliations and Regulatory Reporting. I have also carried out business analyst's roles and project work both within banking and asset management regarding reducing risk, automation, systems testing and migration work to other office locations.

Equity Derivatives Trade Capture - Northern Trust - 50 Bank Street, Canary Wharf, London E14 5NT

(2021-01 - 2026-08)

Processing the trade lifecycle for equity derivative trades mainly equity swaps & CFD's. On a monthly basis completing all necessary reset, rolls & dividend booking's. Calculating the withholding tax on applicable trades and the Italian financial transaction tax. Processing amendments across these products whilst liaising with the brokers and front office clients.

Using

Traiana the confirmations matching system on a daily basis in order to ensure all trades are booked & allocated for our clients. Carrying out reconciliations using TLM & Intellimatch. Making sure all financing accruals are inline with the brokers for our clients. Fully competent in managing all aspects of daily risk and advising all parties if any trades are booked incorrectly in a timely manner. Whilst carrying out the above duties I also provide cover for the credit derivative trades when other partners are off based on my previous work at Northern Trust. This involves lifecycle management, trade maintenance & trade support for all of these products and in addition I can process CDS credit events from start to finish.

Derivatives Trade Capture - Northern Trust - 50 Bank Street, Canary Wharf, London E14 5NT

(2016-03 - 2020-01)

Experience in booking & settling all of these products in summit for equity swaps, futures & options, IRS, RPI's, zero coupon swaps, credit default swaps, CFD's, equity options, variance swaps, property swaps, FX options, swaptions, cross currency swaps, total return swaps & basis swaps.

• Carrying out lifecycle management, trade maintenance & trade support.
• Management of settlement including the resolution of breaks. Providing the reconciliation around valuation, cash and confirmation process.
• Working closely with our clients/traders along with other internal teams such as confirmations & settlements in order to provide quick and accurate responses to questions/requests.
• Ensuring that all trades have been cleared and settled in a timely manner through the LCH & ICE and other appropriate exchanges.
• Supporting the team during high volume periods and the training of new employees.
• Making sure that team procedures are updated and audit requirements are completed for all processes.
• Responsible for the migration of OTC derivative settlements to our office in Ireland. Training of staff on all products and systems used. Point of contact for all day to day issues and queries coming from our new team.
• Systems used. Summit, Markitwire, DTCC, Excel & Word.

ETD and OTC Derivatives Trade Support - Lloyds Bank Wholesale Markets - Treasury & Trading, Faryners House, 25 Monument Street, London

(2015-01 - 2015-12)

Responsible for reconciling the futures & options rec on a daily basis. Resolving trade queries and settlement issues whilst also liaising with the front office.

• Carrying out the variation and intra-day margining. Settling of all future & options expiry trades.
• Looking after and speaking to all of the corporate clients on a daily basis regarding the swap, cap, collar, and FRA trades they have booked with us. Administering their accounts by debiting and crediting settlement amounts and resolving trade queries. A lot of client focus involved.
• Booking and settlement of all derivative products with other banks through LCH, CME and ICE
• Booking and amending of futures & options trades in summit and Bloomberg TOMS.
• Clearing of futures & options trades in summit GMI system.
• Reporting of failed or unresolved trades to the regulatory reporting team.
• Setting up of static data within the internal trade booking systems and making sure that traders are set up to trade their relevant products.

Supervisor, Securitisation MO & Derivatives Structured Settlements - Rabobank International London - Thames Court, One Queenhithe, London EC4V 3RL

(2003-10 - 2015-01)

Providing a booking and settlement support function to the front office also within derivative structured settlements regarding CDS, IRS, FRA, TRS, asset swaps and commodity settlements.

• Assisting traders with static data set up and making sure trader/codes are authorised in the systems so that they can effectively carry out their daily tasks. Also assisting the FO where necessary with systems support at all times.
• Carrying out reconciliations on a daily basis and ensuring all nostro breaks are resolved in a timely manner with clearers, brokers and clients.
• The structured settlements team is responsible for ensuring the timely settlement of all trades in accordance with all external and internal regulations. Delivering exceptional service to clients whilst focusing on minimising operational risk, operational losses and controlling costs.
• Responsible for the post-trade processing of financial business within the London branch including pre-execution, execution and post execution stages in the trade lifecycle.
• Providing middle office support to the front office on securitisation CDO and ABS. Receiving client servicer reports, updating spreadsheets, preparing funding and invoicing. Plus resolving nostro breaks and queries on client and internal accounts.
• I have been involved in doing KYC work mainly checking client addresses, client regulation, director checks and monitoring of customers transactions against their usual behaviour and recorded profile.
• Have been responsible for FCA transaction reporting and have been involved in the European Market Infrastructure Regulation (EMIR). Reporting of failed trades or unresolved trades to the transaction regulatory reporting team.
• Experienced in the use of Devon, SWIFT, DTCC, Atlas, Excel, Word, Reuters, Bloomberg, CREST, Euroclear and TRAM.
• Involved in a business analyst's role regarding improving control processes to reduce risk, and automation within the derivatives operations area. I have also carried out project work regarding moving the derivative operations area to the Netherlands.

FX Middle Office - Deutsche Bank London - Winchester House, London EC2A 2UU

(2003-06 - 2003-09)

Working within the FX middle office covering their FX Sales business and liaising with multiple operational teams in order to resolve their collateral and settlement related issues.

Integration Work - ISIS Asset Management - George Street, Edinburgh

(2003-05 - 2003-05)

Have been providing a business analyst's support role to the treasury desk in Edinburgh since the middle of April involving integration work. This has involved them taking on all of the Royal & Sun Alliance Investments treasury products and funds.

Assistant Treasury Manager Operations / Treasury Dealer - Royal & Sun Alliance Investments - 100 Wood Street, London

(1995-02 - 2003-04)

Providing day to day settlement of all treasury and derivative products within the group including OTC derivatives such as IRS, basis swaps, cross currency IRS, interest rate caps/collars/floors, flex options, warrants, FRA, FRN, exchange traded derivatives, foreign exchange, CD's, CP's, gilt repos, fixed deposits and call accounts.

• Over the years have been involved in the processing of all the above products including margining for futures & options trades, average pricing, rate fixings, FX netting, monitoring credit ratings/deal limits, checking and reconciling all trade confirmations, swapping instructions.
• Investigating all trade queries across all products. Responsible for handling interest claims within the treasury team including exception report writing to the treasury committee.
• Preparing SSI lists for all of our funds and sending them out to our counterparties.
• Preparing confirmations for all treasury and derivative products.
• Worked on the treasury dealing desk executing orders from fund managers in the foreign exchange and money markets.

Settlements Clerk - FX Department - Commerz Bank - 23 Austin Friars, London EC2

(1995-01 - 1995-02)

Foreign Exchange/Money Market Clerk - Dresdner Bank - 125 Wood Street, London EC2

(1994-12 - 1995-01)

Dealers Assistant - South East Asian & Australian Equities Department - Cazenove & Co - 12 Tokenhouse Yard, London EC2R 7AN

(1994-03 - 1994-11)

Junior Money Broker - Deutsche Mark Cash Desk - Tullet & Tokyo Forex Intl. Limited - Cable House, 54-62 New Broad Street, London EC2M 1JJ

(1993-08 - 1994-02)

Clerk - Product Design Department - BTEC - Upper Woburn Place, London EC1 0HH

(1992-01 - 1993-08)

GCSE - General Education - Mayflower County High School (1989)

A Level - General Education - Mayflower County High School (1991)

BTEC National Diploma - Business & Finance - Chelmsford College of Further Education (1992 - 1993)

BA - Economics - Open University (1996 - 1997)