David Heydenrych

Short term project work throughout the GCC. Focusing on Basel II, Market Risk, Treasury Systems, Asset and Liability Managment, derivatives, policy development and review, strategy and investment performance metric analysis, benchmarking and quantification.

As Chief of Staff to Treasurer, I built the capacity and product suite for the Group Treasury. I assumed responsibility for Treasury’s Basel II reporting and compliance, Treasury system selection and implementation and served as secretary of the ALCO (Asset & Liability Management Committee), MRPC (Market Risk Policy Committee) and served as Treasury’s representative of ANB’s ICAAP.

Head of Market Risk for one of the UAE’s most profitable financial institutions, Secretary and Voting Member of the Asset and Liability Management Committee. Second-in-charge of the Risk Management Group. I managed and completed the rollout of Treasury’s Systems (Sungard – Bancware, Quantum & AG Risk). This included the design and project management of all business considerations. I also authored the bank’s ICAAP, Customer Pricing Model and Economic Capital methodology.

Head of Market Risk for the Middle East’s second largest financial institution, Secretary and Member of the Asset and Liability Management Committee and Investments Committee, Internal Audit coordinator for Treasury, approving member of the Capital Markets Approval Committee for new products, Market Risk lead on Islamic banking product development and compliance. Treasury representative for the ICAAC, co-author of the ICAAP and designer of the Treasury Customer Pricing Model.

Leadership of the Energy Trading Risk Management and Compliance Function for Duke Energy Asia-Pacific Operations. Chairman of the regional Duke Risk and Compliance Management Committee, Secretary for the Duke Corporate Compliance Committee, Responsible Officer under FSR license regime and Employee Representative to the Duke Superannuation Fund.

Developed risk management frameworks for numerous organisations. Frameworks built included: interest rate risk, credit risk, operational risk, liquidity, reputation risk and market transparency risk. Advised clients on asset & liability management issues including setting of portfolio benchmarks. Performed risk audits and best practice reviews for a number of client financial markets functions and risks including the alignment of these companies risk management policies with market best practice.

Responsible for presentations to Boards of Directors, professional associations, financial institutions, and public bodies with reference to TCorp, Debt Portfolio Management and other issues related to the financial markets. Consulted and advised clients on active asset and liability management issues.

Foreign Exchange and money market trading and risk management experience. Most notably my responsibility included the trading and risk management of a bond portfolio with a value in excess of AUD$3 Billion. Dealt on behalf of an extensive internal and external client base of domestic & international banks and fund managers.

Economics Finance Econometrics Demography Mathematics