greg solomon – financial services change & project management · teams and acted as...

GregSolomon–FinancialServiceschange&projectmanagement

[email protected]+44(0)7771533758,LondonE148BP

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Financial Services/Banking, Regulatory & Risk Change Management – Planning, Team Leadership and Project delivery

GregSolomonworksasacontractororconsultantandhas30yearsoffinancialservicesexperienceatbanks(UBS,Nomura,HBOSTreasury,Egg,AbbeyFinancialMarkets,HSBC,BarclaysCapital,CreditSuisseandDeutscheBank),atstockbrokers(Phillips&Drew,Cazenove,GNI),withwealth/fundmanagementexperience(UBS,Phillips&DrewFundManagement),andrecentexperienceatanInter-DealerBrokerinestablishingregulatorypolicies,controlsandapprovalsubmissions

• Projectmanagement,programmemanagement,CertifiedPRINCE2Practitioner,Agile,Waterfall

• Frontofficebankingchangemanagement–trading,sales,quantitativeanalyticsandclientecommerce

• Financialriskmanagementandregulatorychange–creditrisk,marketriskandregulatoryapprovals,modeldevelopment,exposurecalculationsandmethodologies,controlframeworks,andasaILAAP/ICAAPconsultant

• FinanceITchangeandcorporatetreasury–generalledgers,liquidity,cash&collateralmanagement,repo

Frontofficeexperience:• DeutscheBank 2019 RegulatoryChangeLead/ProjectManager–ModelRiskControl• HSBC 2012-14 GlobalProgrammeManager–GlobalBankingSecureDocumentManagement• UBS 2010-11 SecuritiesClienteCommerceProgrammeManagement(UBSNeo)• HSBC 2010 SeniorProjectManager–GlobalCapitalMarketstradingandecommerce• Eggplc 2004 InterimTreasuryITManager–EggTreasury• NomuraIntl 1995-99 HeadofDevelopment–DebtMarkets,HeadofTreasuryIT,HeadofAnalysis• UBS 1985-95 Director,EuropeHeadofFixedIncomeSystemsandAnalytics

Middleoffice(RiskManagement&Finance)experience:• XPInvestments 2018 RegulatoryConsultantataInter-dealerbrokerclient–ICAAP,ILAAP&MiFID2• UBS 2017 GroupRiskChange:LeadPM,BCBS239GroupCreditRiskReporting–alldivisions• DeutscheBank 2016 ProjectManager,MarketRiskIT–CounterpartyCreditRiskValuations,BaselIII• CreditSuisse 2015 Program/ProjectManager,CRORisk&FinanceData–IHCCapitalCalculations• BarclaysCapital 2012 DeputyBaselIIITechnologyProgrammeManager–MarketRisk,CreditRisk,Finance• HSBC 2011 LiquidityReportingProgrammeReleaseManager,GroupFinanceChange• UBS 2007-08 CreditRiskProjectManager–GlobalRiskIT• Abbey 2005-07 RiskBusinessAnalyst,BaselIIRiskteam–CreditRisk• HBOSTreasury 2003-04 BaselIICreditRiskTechnologyWorkstreamsManagerBackofficeexperience(plusEggTreasuryandNomuraabove):• GNI 1999 EquitysettlementoperationsPM,CorporateActionsandDividendprocessingOtherITexperience:• WarnerBros 2001-02 ProjectManager–EuroConversionforTreasuryandfivebusinessdivisions• Cazenove 2000 InterimProgrammeManager–GlobalMessagingServicesNote:thisisalong-formatCVforthepurposeofdatabasematchedandNOTTOBEUSEDFORAJOBAPPLICATION!ForjobapplicationsIhaveshorterandmorefocussedCVsavailablefordifferentjobtypes,e.g.

• Frontofficebankingchangemanagement

• CreditRiskmanagement,MarketRiskandregulatorychange

• Financeandcorporatetreasury

• Backofficebankingchangemanagement

• ITdevelopmentleadership

Summary Personal Statement

Career Overview



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BankingandFinancialService:• Investmentbanking.Globalbanking.Retailbanking.Corporatebanking.Primebrokerage.Stockbrokers.Fund

management.Middleofficewealthmanagement.Treasury.Inter-dealerbroker

• Specialistinfront,middleandbackofficebusinessprocessingandbusinessanalysis

• Frontofficetradeflow,trading,sales,quantitativeanalyticsandclientecommerce–UBS,Nomura,Egg,HSBC(17years).FrontofficeGlobalBanking/CapitalFinancing–Advisorybanking,GlobalCoverage,ProjectFinance,ExportFinance,DebtCapitalMarkets,EquityCapitalMarkets,StrategicTransactionsGroup,Leverage&AcquisitionFinance,Mergers&Acquisitions,Credit&Lending,Asset&StructuredFinance

• Treasury:UBS,Nomura,WarnerBrosGLs,HBOSTreasuryServices,EggTreasury

• Finance:HSBCLiquidity,BarclaysCapitalBaselIII,GNI

• CreditRisk,bothinthebusiness(UBSandAbbeyAIRBmodels)andinIT(BarclaysCapital,UBS,andHBOS).SavedCHF3bnRWAand10bnofadjustments.RegulatorengagementwithSFA

• MarketRisk,bothinthebusiness(CreditSuisse,UBS)andinIT(DeutscheBank,andBarclaysCapital)

• Backoffice:Settlementoperationsandfinancialaccountingofequityandstockborrowing/lendingbusinesses,withautomationofCorporateActionsandDividendProcessing

• FinancialCrime,KYCS&KYN,GroupTrade&ReceivablesFinance,GroupAnti-MoneyLaundering,ClientSelection&ExitforCommercialBankingCoverage&RMs,ClientSelectioninGB&M(HSBC)

• Bankingdatamanagementanddataqualityprocessmanagementexperiencesince1986-staticdatamanagement(financialinstrumentdata,clientdata,nettinglegalagreementdata,SSIs)-pricingdata,tradedata,unstructuredclient/dealdata,insiderregister,treasuryliquidityfunding,collateral-riskdata,PDmodels&LGDs;EADoptimisation,savedCHF10bnRWAadjustments&CHF250mp.w.

CorporateFinance&Treasury• FinanceexperienceatHSBCGroupFinance,BarclaysCapitalFinanceIT,EggTreasuryFinanceIT,WarnerBros.

Treasury&Financesystems,UBSTreasurycashmanagement,NomuraTreasury&fundingIT

BusinessAnalysis:• Frontofficeanalysisinbanking,stockbrokingandfundmanagementsince1985

• HeadofFrontOfficeAnalysisforNomuraInternationalDebtandEquitiesDivisions

• LeadBA/HeadofAnalysisinbothfrontandmiddleoffices–managingteamsofupto14BAs(8in2017)

ChangeandTransformation• LeaderofbothbusinesschangeandITteamsasprogrammemanager,seniorprojectmanager,ITdevelopment

managerandLeadBA;specialistatturningaroundfailingprojects

RegulatoryChange• RegulatorychangeexperienceworkingonBaselII,III,USBaselIII,DoddFrank,IASB,BCBS239,CRDIVICAAP,

ILAAP,MiFID2,PRAPillar2LiquidityLCR&NSFR,SFA’sISD,transactionreporting,andsomeIFRS9andFRTB.CertifiedGDPRconsultant.CertifiedseniorBrexitconsultant.

• RegulatorengagementwithFCA,ECB,Bundesbank,SFAandLSE;supportedregulatoryengagementwiththeBankofSpain

TargetOperatingModels• BusinessexperienceofworkingonfrontofficetargetoperatingmodelsandbusinessstrategiesatUBSinclude

completereengineeringtradecapture&front-to-backtradeflowredesign,drivingthroughamajorculturechangeacrossEurope

• LeddataqualitymanagementprocessesatUBS,NomuraandCreditSuisse,includingexceptionmanagement

• LedsecuredocumentmanagementworkflowsolutionsatHSBCforavarietyofbankers&controlfunctions

• StructuredEADprogrammeprioritisationstrategiesatUBS(savingCHF3bnRWA,CHF250mRWAp.w.and10bnofRWAadjustmentoverwrites)

Business Competencies



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• DrovestrategyforAbbey’sCreditbusinessprocesscontrols&presentedthecontrolstotheregulator(SFA)

• Analysed,definedandimplementedthecounterpartycreditratingreview&approvalprocessatAbbey,includingcreditapplicationtemplates,creditapprovalsandthelimit-settingprocess

• DesignedanddeliveredanewratingapprovalprocessandlegalcontractsdataatHBOSTreasuryServices

• BusinessContinuityManagementandDisasterRecoveryprocessesatUBS,Eggandaninter-dealerbroker

• Financialrecoveryplanningataninter-dealerbroker

ITDevelopment• Earlycareerasdeveloperatasoftwarehousewritingpayrollbureauservicesystems

• Analyst/developeratPhillips+DrewintheGiltdepartmentwritingfrontofficequantitativeanalyticsandapplicationsforGilts,FinancialFutures,ListedOptionsandPDFMFundManagementapplications.BecameteamleaderrunningthefrontofficeapplicationsofUBSPhillips+DrewforGilts&Futures

ITDevelopmentLeadership• HeadofFixedIncomesystems&analytics(trading,sales,marketrisksystems,pricing,P/L&hedginganalytics

andtools)–10years

• Nomura:HeadofDebtMarketsDevelopment,asHeadofTreasuryIT

• Subsequentlyoncontractmanagingprojectteamsofbetween10-300staffasacontractchangeandtransformationmanagerinRiskManagement,ITprojectdelivery,Finance,Treasury,Trading,andcliente-commerce

SystemsManagementandITBAU/Run-The-BankOperations• UBS(10yearsoffrontofficesystemsandTechSupportrolesandserversupportandrelocations,1985-95)

• NomuraInternational(1995-8)

• Gerrard&NationalIntercommoditieslimited(settlementoperations,1999)

• Cazenove&Co(emailinfrastructureoperationsandglobalupgrades,2000)

• Eggplc(TreasuryITsystems,2004)

• HSBCGlobalBanking&MarketsIT(2010,2012-14)

ITInfrastructureDeployments• UBS(tradingsystemdeploymentstoLondon,Paris,Frankfurt,Luxembourg,NewYork,Tokyo,1992-94)

• Nomura(Rolfe&NolandeploymentstoFrankfurt,1997)

• UBS(newtechnologyinfrastructure&securitystacksforUBSNeoecommerce,2011-12)

• HSBCGlobalBankingIT(newglobaltier1infrastructurewithIBMP8andWebspherehotfailover,2012-14)

• DeutscheBank(Hadoopclusterupgradesand10,000newprocessorcoresforvaluationcalculations,2016)

• ServerrelocationsatUBS(1989)andHSBC(2013-14)

• Widevendorexperience-listofthird-partiessuppliedonapplication

BusinessContinuity• EstablishedUBSDebt/Treasurydisasterrecoverysystems&dataforswaps,moneymarkets,fixedincome,repos,

preciousmetalsandtheEuropeanriskmanagementsystem.PraisedforthemostsuccessfulBCPtestsatUBS(1991-95)

• Completelyre-designedEggTreasury’sdisasterrecoverysystemsandprocesses;successfullytestedatDRsite;praisedbymanagementfortheredesignproject&process(2004)

• DeliveredallBCPandITDRplansanddocumentationforMiFID2submissiontotheFCAforaninter-dealerbroker(2018)

• ResolvedreliabilityandresilienceissuesatHSBCbydeliveringacompletelynewITinfrastructureglobally–ahigh-availability(24x7hot-hot)architectureonaglobaltier-1hardwareforIBMP8andWebspheretoHongKong,theUKandUS,withpossiblythefirsteverHSBCgloballydeployedsystemconfigurationacrossallregions(2012-14)



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ClienteCommerce• HSBCCapitalMarkets:projectinitiationanddesignofbondshop.com,aGlobalEMTNRetailIntermediaries

externalwebsite,offeringretailbankdistributorsMediumTermNotesnewissuesforretailinvestors,accepting&aggregatingoffers,creatingprimarydealsandofferingasecondarymarketstructure

• UBSNeo–programmemanagerforanewcross-productecommerceclient-facingwebsite,running18workstreamswithanextensiveteamofUserExperienceexperts.Designedandbuiltamulti-divisionalwebsitewithfoundationsinsearchfacilities,people-centriccollaboration,grids,pricingtoolsanddivisionalbusinessinformationintegrationthroughUXdesigntosoftwarebuild.Ledreleaseplanningwithglobalinfrastructuraldeployment,businessdivisionintegration,QA&operationalsupport.Co-ordinatedinfrastructureteamsandactedassecretariatfortheCTOforumonnewtechnologystackssuchassecurity,search,ontology,andlargehistoricalpricingdatabases

ProjectManagement• 22yearsofPMexperienceinfinancialsystemsandbusinesschange

• CertifiedPRINCE2Practitioner,Waterfall,RAD

• Agile&Scrum(UBS,HSBC,Deutsche)

Programmemanagement• ManagedallUBSFixedIncomeprogrammesfor10years;NomuraInternationalDebtMarketsIT,TreasuryIT,

Cross-ProjectCoordination(Debt&Equityfront-to-backofficeandEuroConversion);BarclaysCapitalBaselIIITechnology(MR,CR&Finance);DeutscheBankMarketRiskIT;CreditSuisseCRO;HSBCGlobalBanking;HSBCGroupFinanceChange;UBSSecuritieseCommerce;EggTreasuryIT;HBOSTreasuryServicesBaselIITechnologyWorkstreams;WarnerBrosEuroConversion;Cazenove&CoGlobalMessagingServices

LeadershipStyle• 22yearsofteamandlinemanagement

• Goodatassessingtruebusinessrequirementsandcommunicatingthem

• Stronginfluencingskillswithbusinessstakeholders,analystsandIT

• Focusonagreeinggoalsandplans,pushingtodelivery,unblockingissues/dependencies,managingrisk,dependenciesandquality

• Numerate,pragmatic,tenacious,delivery-orientated,customer&detailfocussed

•

MiuraDevelopmentRegulatoryConsultant MiFIDIIConsultancy October2020todate

ReturnedtoMiuraconsultancytodevelopaMiFIDIIconsultancyprogrammewithateamofMiFIDIIconsultants.IdentifiedkeyareasoflikelyfailuresinregulatorycompliancefordifferenttypesoffinancialservicesfirmsbasedonteamexperienceandmarketresearchmappedagainstatraceabilitymatrixfortheMarketsinFinancialInstrumentsDirective(2004/39/EC).ParticularemphasisonTransactionreporting,Pre-tradeandPost-tradeTransparency,withworkon-goingforInvestorProtectiontopics.Developedthemarketingstrategy,includingengagementwithtradebodies,workinggroups,corporateLinkedInpresence,andtheclientengagementapproach.Structuredtheassessmentquestionstotaketoclientengagements.Personallybroughtallworkstreamstogetherinanoverarchingdocument.Groupeffortisonscheduleforourfirstclientengagementinmid-January.

Full Detai ls of al l Contract Assignments



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DeutscheBankInterimRegulatoryPM RegulatoryRemediation–ModelRiskControls March-December2019

InterimprojectmanagerprovidingmaternitycovertoDB’sCorporateBank&InvestmentBankworkinginthe‘DivisionalStrats’team(StrategicAnalyticsacrossallbusinesslines)Project:ModelRiskControls–Remediating26regulatoryfindingsoncontrolweaknessesaroundmodels(pricingmodels,riskmodels,othermodels)raisedbytheECB’sAssetQualityReview,theBundesbank,BaFin,theFCA,theexternalauditor,GroupAuditandotherinternalfindingsRole:

• Establishedprojectcontrolsforeachbusiness,deliveryschedulesandKPIs.Built-outremediationthemesandplansneededtosolveallfindingswitha2-yearremediationplan,andpresentedthemtotheregulators

• Engagedonplanning&progresswithDeskStratsfromeachbusinesslineacrossEquities&FIC,thesecond-lineofdefencecontrolfunctions(ModelRiskManagement,MarketRiskManagementandFinanceGroupValuations),GroupAudit,targetedauditremediationsteam,theexternalauditors,andregulators(ECB&Bundesbank).Detailed&agreedplans,managedremediationwork,anddroveclosurework

• AlsoresponsibleinIB&CBforthe‘othermodelinventory’outsideriskandpricingmodelsinengagingseniormanagementacrossCB&IBinthereviewandsign-offprocess

Keyachievements:• Deliveredamajor1-dayworkshopfortheJointSupervisoryBoard(EuropeanCentralBankandBundesbank)

toofferdeep-divesintoEquitiesandFICmodelriskcontrolsandtheprogressmade,coordinatingdeliveryofextensivepresentationsbyFrontoffice,GlobalValuationsGroup,ModelRiskManagementandMarketRiskManagement.Deliveredanextensiveworkshoppackfortheday’sagenda

• BuiltsimilarplansfortheglobalRates,Credit,FICAPAC,EmergingMarketsDebtandFX,withFO&MOagreementandformalactionsformodelautocalibrations,modelvalidations,riskcompletenesscontrolsandindependentpriceverificationcontrols

• AdvancedquantitativemeasurementsonmodelcontrolconformancewithmodelKPIassessmentsforBoard/regulatoryreporting,automationofcontrols,andforecastsagainstanalyticaldevelopmentplans.Provideddescriptionsofthecontrolstotheexternalauditorfortheirindependenttesting

• Wrotekeyoperatingprocedureforriskcompleteness

• DeliveredaseverityassessmentdowngradeproposalforanAuditfindingtosave€½m/qincharges,basedonmaterialprogressmadeonRiskCompletenessandIPVCompletenessacrossthefirm

MiuraDevelopmentconsultantto:XPInvestments(Inter-DealerBroker)RegulatoryConsultant ICAAP,ILAAP,MiFIDIIConsultant April2018-March2019

JoinedMiurafortrainingcoursesbeforebeingcommissionedasaConsultanttoaninter-dealerbrokerclient,XP,onthreeprojectstogainFCAregulatoryapprovalforanewOrganisedTradingFacility(OTF)withoneotherconsultant:Project1:AuthoredtheformalICAAPinternalcapitaladequacyassessmentprocess,includingthecalculationprocesswithoperationalriskelementsforlaterCOREPreporting.Re-definedtheBIPRU/IFPRUfirmtypes.RedefinedthecapitalbaseforthebusinessfromaCRDIVCapitalRequirementRegulationassessmentProject2:AuthoredallILAAPdocumentsliquidity–internalliquidityadequacyassessmentprocess,treasurypolicy,recovery&crisisplanningandstresstestingassessmentsunderthePrudentialregimeunderBIPRUandIFPRUProject3:Preparedtheclient’sPrudentialMiFIDITFormsforsubmissiontoFCAforanOTF,includingauthoring14supportingdocuments.LeddailyclientcommunicationsKeyachievements:

• Theclient’slicenceapplicationforthenewOTFwasapprovedbytheFCAandtradinghasbegun

Training:CertifiedasaSeniorBrexitConsultant.CertifiedasaGDPRConsultant



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UBSLeadPMFirm-wideCreditRiskReporting RiskReporting July-Nov2017

Project:GroupCROLeadPMforCross-DivisionalCreditRiskReportingrequirementsacross19riskmeasuresforBCBS239(datamanagement,aggregation,architecture)Role:

• ImplementGroupCreditRiskReportingandcross-divisionalreporting,includingflexiblereportingforRiskAnalytics&ReportingandRiskMethodologybyleadingateamof8BAsandITengagementonplanning

• DrovemajornewITstrategicinfrastructureplatformforgroupBCBS239reporting-thelargestriskprogram

• Deliveredsigned-offbusinessrequirementsforcreditlossexpenseanalysis,excesses,past-duesandshortfallstosupportexternalreportingforWealthManagementandforPersonal&CorporateBanking,andsupportedtheimplementationofIFRS9accounting&monitoringstandardsfromtheCreditRiskperspective

Keyachievements:• Gainedbusinessengagementontheflexibleriskreportingschemafordrill-down&reportingtoolssuchas

PowerBI

• Managedandled8businessanalysts;gainedITengagementonbuildschedulingcommitments

• DefinedrequirementsfornewLargeExposuresReportingformatsandprocessingPcubedconsultantto:DeutscheBankProgrammeDirector,MarketRiskIT CounterpartyCreditRisk May-Oct2016

Project:WorkingintheCounterpartyCreditRiskprogrammeforthePcubedconsultancyRole:

• ResponsibilityfortheValuationsModelMigrationproject,aswellasforBacktestingmigrationandforGroupWideStressTestingupgradestonewpricingmodelsystems

• ManagedasystemdevelopmentteaminIndia,BAinGermany,andengagementwiththecalculationssystemsteamformodelcalculationexecution,calculationexpertsandprocessspecialists

• LedkeyweeklystakeholderengagementwithMarketRiskmanagementbyleadingthesteeringgroupKeyachievements:

• Developmentcompletedsuccessfully–deliveredallnewvaluationsprocessingontimefortestingwithPFE,EPEandAEEunstressed,stressedandshockedruns

CreditSuisseProgram/ProjectManager,CROChange Risk&FinanceData May-Nov2015

Project:Business-sideprogrammanagerondatasourcingforUSLegalEntityMarketRiskCapitalCalculationsBaselIIIFedreporting(traderouting),primarilyfor‘risk&financedataanalytics&reporting’tosecurecompliancewithDoddFranksection165viaaUSIntermediateHoldingCompany(IHC)legalentitystructureRole:

• Engagedwithallfrontofficebusinessdivisionstosourcealldatarequiredbythenewmodelsformarketriskcapitalcalculationengines(standardrulesspecificriskadd-oncalculators),storingtheresultscentrallyandfeedingthemtoFinanceforreportingtotheUSFed

• ManagedabusinessChangeManagementteaminSingaporetoplanoperatingmodelsfordataqualitymanagementcontrols;ledworkshopswithmanagementfromRiskandRTBmanagersfromRiskOperations

• ManagedthebusinessDataSourcingteam,ledtheITFeedsteam,coreITteamsacrossLondon&IndiaKeyachievements:

• LiaisedwithCapitalCalculationsprogramintheUS,Riskstakeholders,andfront/middleofficedatasuppliersfromalldivisionsglobally.WorkedthroughFRTBdependencies

• Turnedaroundtheprojectfromstatus’Red’withplanstoachievetightFedmilestones,resourcethembygainingagreementtoincreasetheprojectteamfrom66staffto100andengagedstaffforthosetimescales



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HSBCGlobalProgrammeManager GlobalBankingSecureDocumentManagement Aug2012-Aug2014

Project:Tomanageasecuredocumentmanagementsystem,primarilyforHSBCInvestmentBank’sGlobalBanking&CapitalFinancingforclientdocuments,includingconfidential&highlyrestricteddealdocumentsRole:• Stakeholderengagement,ITdevelopmentmanagement&globaldeployment• PrimaryfocusonAdvisorybankingbusinessesandstakeholderengagementwith13COOs:EquityCapital

Markets,Leverage&AcquisitionFinance,Mergers&Acquisitions,Credit&Lending,DebtCapitalMarkets,Asset&StructuredFinance,ProjectFinance,ExportFinance,GlobalCoverage,andtheStrategicTransactionsGroup

• AdditionallydeployedthesystemforGlobalStandardstoCommercialBankingCoverageRelationshipManagersforClientSelection&ExitandtoGlobalBanking&MarketsforClientSelection

• FurtherdeployedtootherareasofHSBCGroup:FinancialCrimeIntelligenceUnit,GB&MKYCS/KYN,GroupTrade&ReceivablesFinance,andGroupAnti-MoneyLaundering

• ManagedinternaldevelopmentteamsinLondonandIndia,BAsinLondon,HongKong&India,TestteamsinIndia,ProjectManagersinLondonandHongKong,DevelopmentManagers/scrummastersinIndiaandLondon,aLeadArchitectandUXDesignerinLondon.WorkedwithTrainingteam,ITOperations&InfrastructureteamsinBrazil,HK,theUK&US,withCompliance,Audit,InformationSecurityRisk.LinemanageduptoninestaffintheUKandfunctionallymanagedteamsinIndia(11),HongKongandChinaandwithsupportteamsinIndia&Brazil

Keyachievements:• Deliveredhigh-availability(24x7hot-hot)architectureonaglobaltier-1hardwareforIBMP8andWebsphereto

HongKong,theUKandUS

• Deliveredmajorperformanceimprovementsandaprogrammeoffunctionalusabilityenhancements

• Advancedcontractualvendorengagement,withextensiveLegalsupport

• ClosedAuditPointsandregulatorycommitmentstoSFA/FCA;achieveda‘Green’AuditReport

• Improvedautomatedworkflowlinkagesbetweensecuredocumentsandthecorporateinsiders’registers

• Significantlyadvancedtheteam’sAgilemethodologyuseage;initialscrummaster,andsuccessiondelivered

• Doubleduserbase;increasedactiveusers14-fold;extensiveworkwiththebusinesstrainingteam

Project2:InitiatedGB&MClientSelectionworkflowproject(usingIBMAdvancedCaseManagerECM)

BarclaysCapitalDeputyBaselIIIProgrammeManager BaselIIIRegulatoryProgramme Mar-Jul2012

Project:WorkedinEnterpriseSystemsTechnologyaspartoftheBaselIIIProgrammeManagementOfficeteamRole:

• Co-leadtheITchangesbyworkingwithCreditRiskIT,MarketRiskITandFinanceITandworkedcloselywiththeirrespectivebusinessteams

• Delivered16projects,notablyRWAexposuresagainstcentralcounterparties,collateralmodelling,marginperiodofrisk,stressedEEPEs,creditvalueadjustmentscharge,assetvaluationcorrelation,highlyleveragedcounterparties,materialholdings,exposureanalysis&reporting,explain&allocate,andchangestotheFinancetradingbook,bankingbookandleverageratio.Severalhundrednewserverswererequiredtosupportthese

• Rewrotethechangecontrolprocedure.DRDeputy.MemberoftheArchitectureworkinggroupKeyachievements:

• Coordinatedactivitiesofnearly300FTEacross11Technologyareasin3continents,includingRTB

• Challengedprioritiesforcentralcounterparties,upstreamdatadeliveryscheduleanddatasourcingdefectprioritisation,includingchairingregulardefectreview&prioritisationmeetingsandchangerequestreviews

• Plannedforreadinessofend-to-endbusinesstestingofBaselIIInumbersproductionprocesswiththenewsystems&businessprocesses;rewrotetheteststrategy;ensuredtestenvironmentswereprepared



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HSBCHoldingsProgrammeReleaseManager LiquidityReporting,GroupFinanceChange Jun-Dec2011

Project:GlobalLiquidityReportingProgramme,Capital&ALMsystemsforGroupFinanceChangeandRegulatory&IASBChangeteam–thelargestLiquidityprojectintheCitywithover300staffRole:

• Business-sideDeliveryReleaseManagerfortheGroupLiquidityReportingprogramme,includingPRAPillar2FSA047/048,LiquidityCoverageRatioandNetStableFundingRatio

• Ownedregulatoryreportingplansforgroupdataconsolidation/reportingofRetail&InvestmentBanking

• LinemanagedBusinessDeliveryteam

• Ledplanning,issuemanagementandinter-teamdependencyplanningforallworkstreams:DataValidation&SiteTransition,Prototypedevelopment,BusinessReadiness,GMOITbuild,GB&MITdatadelivery,regionalbusiness&ITteams,andGroupFinanceTesting

• Managedglobaldefectprioritisation,third-partyvendordefectmanagement,changecontrolprioritisation&management,Group&Regionaltestplanning&environmentallocation

Keyachievements:• Defectprioritisation&managementwasverysuccessful,bothforITturnaroundandforVendorsystem

• AppointedasRelease1Manager;deliveredsuccessfullyontimewithfocusonRetail&InvestmentBanking

UBSProgrammeManager-ED SecuritieseCommerce Sep’10-Feb‘11

Project:Managedamajornewcross-productecommerceclient-facingwebprogramme(UBSNeo)

Role:• Toleadthedesign,build&deliveryofanewstrategicfrontofficewebsystemwithclientfunctionality

• Keyfocusonfoundationssuchassearchfacilities,people-centriccollaboration,gridsandpricingtools

• Drovebusinessscheduling,functionality&datadeliverydevelopmentworkcentrallyandacrossalldivisions

• StrongAgilemethodology;largeteamof22UXexperts;drove18workstreamswithbusinessintegrationKeyachievements:

• Drovemyteamofbusinessproductowners(including6MDs)todeliverrequirementsdefinitionswithnoBAs

• GainedengagementfromFICC&otherdivisions

• FormalisedUXdesignscheduling,80developersinsoftwarebuildexpectations,co-ordinatedglobalinfrastructuraldeployments,QA&operationalsupportplanning

• SecretariatforCTOforumonnewtechnologystacks:security,search,ontology,historicalpricing

• ManagedtheinstallationofMSProjectServer2010

• Startedmanagingdecommissioningplanningfor93webapplications

HSBCSeniorProjectManager GlobalCapitalMarkets Mar-Sep2010;12mextensionoffered

4ProjectsinGlobalBanking&CapitalFinancingIT:• NewexternalecommercewebsiteofferingglobalMediumTermNotesnewissuestoretailintermediaries

(banks)fordistributionofinvestmentstotheirretailinvestors,withaggregationofoffers,creationofprimarydealsandacreationofasecondarymarket.Design&deliveryplanning.Cross-divisionalworkandinterfacingwithretailprivatebanking/wealthmanagement.Workshopswithstoryboardreviewsforcustomerjourneys

• NewThunderheaddocumentationautomationoftermsheets&finaltermsforstructuredequityderivatives,reverseconvertibles&collaredfloatersforEuroMTNsprimarymarketissuance

• DebtCapitalMarkets’financialsdashboardenhancementsdeliveredforCFOusingQlikviewMIsystem

• GlobalEuroMTNtradeblotterenhancementsprogramme



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UBSProjectManagerED CreditRiskITProgrammeManagementteam 3contracts,Jul2007-Nov2008

Project1:PMfor‘close-outperiod’modelsforSyntheticEquitySwapsandAgencyLending‘disclosureofPrincipal’• Deliverednewtradeflowsandcreditriskmodelsfor‘close-outperiod’BaselIIAIRBmethodologiesand

counterpartylimitmanagementprocessing,integratingtwoformerPaineWebberbusiness-linesintoUBScoreprocessing

• Managed14full-timebusinessanalystsinrequirementspecificationgathering,testpreparationandtesting

• FunctionallymanagedanITprojectdeliveryteamof120

• Addresseddatamigration&qualityissues;upgraded10globalITsystems;decommissionedtwosystems

• InterfacedwithFinanceforexposurematching,andwithLegal&CompliancefornettingagreementsProject2:DeliveredUKITmanagementsupportforasimilarPrimeBrokerage(PB)creditdataflowsproject

• DroveITDeliveryteams

• AssignedasbusinessImpactAssessmentManager,managingthefinancial&businessimpactexpectationsofthechangethroughdailyassessments&prioritisationandkeybusinessimpactpresentations

• DrovetheLegaldepartment’sworkonnetting&collateralisationagreementsthroughdailyconferencecalls

• DroveresolutionstoIT&businesscalculationsanddatasourcingproblems

• ManagedbusinessexpectationsthroughidentifyingkeybusinessimpactsProject3:PrimeBrokerageNettingqualityanalysistools

• Inspired&drovecreationofnettingqualityanalysistools.ToolsretainedbythebusinesstosaveCHF100m-400mRWAofnettingproblemsperweekonanongoingbasis

Programme1:EADOptimisation• Assessedandimplementedamajorprogrammeof40keychangestoEADcalculations&dataflowsforAIRB

BaselIItoreducecapitalrequirement&volatility,improvecollateralisationprocessing,offerdrill-downonRWAdrivers,improvetradesfeeddataquality&thecontrolframework,includingunreasonableexposureidentificationandreporting

• Improveddataflows&tradematchingwithFinance,savingoverCHF10bnRWAofadjustmentoverwritesProject4:Treasurycashmanagementforecasting

• DroveT+1timingchangesforCreditsystems,savingCHF3bnRWAandimprovingTreasuryforecasting

FeasibilityStudy1:PrimeBrokerage-SEScrossproductnettingproject:deliveredacostedfeasibilitystudy

FeasibilityStudy2:Capitalfunding:assessedthebenefitofalternativecorporatefundingarrangements

Project5:Securityproject:enhancedWealthManagementdatasecurityintheIndiaServiceCentre

Project6:Builtnewmarketandreferencedatafeeds,withBloombergnegotiations,saving$35kp.m.infees

AbbeyFinancialMarketsRiskBusinessAnalyst BaselIIRiskModelsandExposures fivecontracts,May2005-Jul07

Project:WholesaleBaselIIproject,RiskDepartment,todeliverBaselIIcomplianceRole:

• Built&deployednewcounterpartycreditratingandPDmodelsandprocessesforthreecreditriskteams:banks&FIs,corporates,andsocialhousing,includingquantitativeandqualitativemeasures

• Createdtwochangecontrolprocesses&sixSharePointsitesforoperationaluse.Reconciledratingdata• AssistedtheimplementationofLGDmodels• TestCoordinatorforfourreleasesoftheBaselDataRepository

Keyachievements:• PresentedBaselIIAIRBmodelgovernanceatameetingwiththeFSAforsuccessfulmodelapproval• AssistedBIPRUline-by-lineassessment&BankofSpain‘Dossier’submission• DeliveredtheBaselIIteststrategy,plans&testpacksforfourreleases• Supportedeightinternal&externalauditsandregulatorthematicvisits



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EggplcInterimTreasuryITManager EggTreasury fourcontracts,5May-26Nov2004

Project:Managedallbusiness-as-usualsystemsforEggTreasuryRole:• ManagedoperationsanddevelopmentofSummittrading&operationssystemforriskanalysisandfundingwith

MurexMxG2000&MLC

• Quarterlysecuritisationprocessingforcreditcards&mortgagesKeyachievements:• DeliverednewSummit-OracleGLinterfacesforFinanceandRiskAnalysissystemswithITOperationalSLA

• Praisedforfullre-designofTreasurydisasterrecoverysystems,successfullytestedatDRsite

HBOSTreasuryServicesplcTechnologyWorkstreamsManager BaselIIRiskModelsandExposures twocontracts,Jun2003-Jan2004

Project:BaselIIRole:

• Selectedandimplementedathirdpartysystemtohousetheclient’sinternalbankandsovereignratingmodels

• Deliverednewbank&sovereignratingmodelswiththird-partyvendorBvDFactsystemwithSQLServer,anddeliveredanewcreditriskBaselIIreportingdatabase(Sybase)

Keyachievements:• DeliveredtheCreditratingsystemandBaselIIDataRepositoryontime&budget• Deliveredratingapprovalprocessandlegalcontractsdatawithworkflowsupportandtechnologyfor

automatingthecreditapplicationtemplates,creditapprovalsandthelimit-settingprocess• Legalduediligenceworkonthird-partysuppliercontracts

WarnerBrosEuroConversionProjectManager TreasuryGLs&5businessdivisions April2001-March2002

Project:EuroConversionofTreasuryGeneralLedgers&systemsof5businessdivisionsRole:• Toconvert25WarnerBrossubsidiaries’in-zonecurrenciestotheeurofromlegacycurrencies

• Led60ITstaffworkingonconversionsto23applicationsand27third-partysystems

• LiaisedwithallbusinessesonbusinessimpactsofeuroconversionKeyachievements:• RedesignedallITconversionsolutionstoavoidlateroperational&reconciliationimpacts

• Dress-rehearsed&converted114MISsystemsintheEuropeanterritoriestotheeuro(47financeGeneralLedgersand67businessdivisionsystems)

• Alsoco-ordinatedwith27thirdpartysystemsand10affectedUSbasedsystems



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Cazenove&CoInterimProgrammeManager GlobalMessagingServices twocontracts,Jun-Dec2000

Project:GlobalMessagingServicesRole:• Ranallglobalemail,fax&telexserviceschangeandBAU

• GatheredandformalisedtherequirementsfrombusinessdivisionsandfromCompliance

• DrovetheoutsourcedIBMprojectteamthroughaprogrammeofremedialemailimplementationsandaredesignofthestrategicglobalinfrastructure

• Negotiationswith11vendorsKeyachievements:• Achievedglobalemailreliabilityanda60-foldperformancegain

DoubleHelixSoftware&Servicesconsultantto:Gerrard&NationalIntercommodities(GNI)SettlementProjectManager Equities&stockborrowing/lendingbackoffice 1999

Consultantarrangement:ManagingConsultantforDoubleHelixSoftware&Serviceslimited’sclient-siteprojectsdeployingthird-partysecuritiessystems,placedatstockbroker’sGNIProject:Settlementoperationsandfinancialaccountingofequityandstockborrowing/lendingbusinessesRole:

• BuiltanddeliverednewCorporateActionsandDividendProcessingsub-systems• BulitnewCREST,SETSandfidessafeedprocessingtoatightschedule• AddedamajorFinanceaccountingsystem&GLupgrade• AddedDRsupport,Y2kconformance,system-wideSybaseperformanceenhancements• Managedninedevelopmentstafffromtwothird-partycompanies,deliveringontimeandwithquality

NomuraInternationalplcITManager Front,middleandbackofficedevelopment,BAU&regulatorychange 1995-99

Role1:BusinessLiaisonManager–DebtMarkets 1995• ManagedallIT,ISandvoiceservicesto180lowerdealingfloorforalltraders/salesstaff• OwnedallITinfrastructuralrequests,mostlysoftwaredevelopmentrequest,dealerboard/newswirerequests,

DebtDivisionbudgetsandadministration

Role2:HeadofDevelopmentforDebtMarkets 1995-97• Linemanaged20developmentstaffineightsystemdevelopmentprojectteams

• Linemanagedinstrumentreferencedatamaintenanceteam

• Functionallymanaged4desktop-technologyfloorsupportteams

• Frontoffice:allmanagedderivatives&fixedincomesystemsandownedDebtMarketsannualbudgets

• DebtMiddleOffice:managedsystemsforfinancecontrol,productcontrol,firmfundingandP/L

• BackOfficesystems:managedfailsprocessing,financialfuturesprocessing,ISMAregulatoryreporting,andsettlementtradecaptureforbonds,convertibles,warrants&exchangetradedderivatives

• DeliveredderivativeriskreportingtoTokyo

• Workedininastronglyorchestrated500strongInformationSystemsdivision

Role3:HeadofTreasuryIT(concurrentlywithrole2) 1995-96• Managedrepotradingsystem,cash&collateralmanagement,fails&funding

Permanent Career



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Role4:HeadofFrontOfficeAnalysisandHeadofCross-ProjectCoordinationforDebtandEquityMarkets 1997-08Managedfivemajorfront,middleandbackofficechangeprogrammesofupto14projectseach,incl:-

• DeliveredFO-BODeutscheTerminbörsefuturestradingwithRolfe&NolanforEuroDerivativeOps• DeployedtheSFA’sDirectReportingSystemforderivativeproductsinthederivativesbackoffice• ImplementedtheSFA’sInvestmentServicesDirectiveprogramme,withvendor&regulatornegotiations

Role5:EMUProjectManager 1997• InitiatedacorporateprojecttoaddressEconomicandMonetaryUnion.ManagedIA,Plan&UATplan• Managedfourbusiness/systemsanalystsfull-timeandled24developersinthedetailedflowchanges• AlsointerimprojectmanagerforSwapsfront-to-backeuroconversion

Role6:EMUBusinessConsultant 1998-99• Promotedtoabusiness-sideroleasSME,givinginternalconsultancytoallbusinesslinesontheeuro• Ledpresentationstobusinessheads

Keyachievementsthroughout:• ActedastheITpointofcontactforComplianceandprocessadvisertoCompliance• PersonallyinitiatedacorporateprojecttoaddressEconomic&MonetaryUnionandmanyregulatorychanges• Newproductprocedures:gaveallITapprovalsforbusinessrequeststotradenewproducts&models

UBSlimitedHeadofFixedIncome FOQuantitativeAnalyticalSystems,analyticsandmarketrisk 1985-95

Director,HeadofFixedIncomesystems,analyticsanddata,RegionEuropeforDebt/TreasuryDivision

Programme:Ownedallfixedincomeandderivativesystems,analytics,dataandBAUsupportintheQuantitativeAnalyticalSystemsgroupacrossRegionEuropefor10yearsRole1:JoinedtheGiltsDepartmentasthesolefrontofficeProgrammer/Analystandtrainedinfinancialmarkets• Developedanalyticalsystemsforgilt-edgedsecurities,financialfutures,options,moneymarketproducts,andfor3yearssupportedthefrontofficefundmanagementapplicationforPhillips+DrewFundManagement

• Recruited3developer/analystsby1988Role2:AppointedfrontofficeSystemDevelopmentManager• Managedallfrontofficesystems&applicationsforFixedIncome,ETDsandconvertibles

• TeammergedintothenewQuantitativeAnalyticalSystemsgroup.WorkedforDerivativeProductstobuild&deliversystemsforMoneyMarkets/Swaparbitrage,andbondpricing&pricedistributionsystems

Role3:AppointedHeadofFixedIncomeTrading,RiskManagementandSalesSystemsandAnalyticsinitiallyintheEuropeRiskManagementUnit,andthenintheTradingDepartment

Keyachievements:DeliveredatradingandriskmanagementsystemforFI&derivativeswithrichfunctionallyfor:• Frontofficetradecapture,real-timerisk,booksharing,pricingtools,P/Landhedginganalytics

• Middleofficesupporttoproductcontrol,financialcontrol&allmarketriskmanagementfunctionality

• BackofficeSTPfeedsto3countries.Replacedtradetickets,reducedfailsandoperationalstaffing,TRAXtransactionreporting,ISMApricereporting

• Deployedtosixcountries.Real-timerisk&P/Lwith24-houroperation;220concurrentusersfor5years

• ExternalfeedstoBloombergTradingSystem,ISMApriceandTRAXregulatoryreporting

• Additionalsystemsforrepotrading/fundingaccounting,andsalescredits(turnoverof£1tnp.a.)

• Businessanalytics:AdvancedtheglobalUBSfixedincomeriskmanagementstrategy.LecturedinZürichonfixedincomeriskmaths.DefinedriskmethodologiesforProductControlandBloomberg

• ResponsibleforallapplicationsysteminfrastructureforDebt/Treasuryfrontoffice,theirserverrelocationfromMoorgatetoBroadgate,andoperationalsupportfor700concurrentusers,includingestablishingallDebt/Treasurydisasterrecoverysystems&dataforswaps,MM,FI,repos,preciousmetalsandtheEuropeanriskmanagementsystem



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• Linemanaged20developer/analystsandprojectmanagers.Functionallymanageddevelopersabroad.Led30developersinsharedcodelibrariesandreference&marketdata

C,C++,Objective-C,Basic,VB,ASP,Perl,Java,Actionscript,HTML,Hibernate,RPGII,68000Assembler,Flex,IBM3090CIXCOBOL,Natural,Delphi,Corba,AgileXP,RumbaughOMTOODesign,Oracle,Sybase,Access,SQLServer,SQLAdvantage,NoSQL,NovellNetWare,Btrieve,IBMFileNetP8ECMCaseManager,AlfrescoWorkdesk,DataStage,FinArchFinancialStudio,Qlikview,SharePoint,Summit,MurexMxG2000&MLC,Summit,CFT,IPSSenderoDMS,CognosPowerPlay,Bloomberg&BBTradingsystem,Reuters,Telekurs,Telerate,MicrosoftExchange,Outlook,MIMEsweeper,SRAAssentor,Gripssecuritiesprocessingsystem,Rolfe&Nolan,CrestoverSwiftmessaging,IBMRTC,Clarity,FinArchFinancialStudio,OLAP,Officedesktopupgradedeployment,UX,VersionOne,Sharepoint,ProjectServer,Qlikview,Thunderhead,PL/SQL,EIS.net,DBArtisanCFT,XeroxDocumentum,Fact,OpenAdaptor,Maestro,ERStudio,BusinessObjects,GripsSecuritiesProcessingSystem,Applix,MarketSheet,ELF,Motif,DeutscheTerminbörse,SFA’sDirectReportingSystem,HP-GL,NeXTStep,CrestoverSwiftMessaging.Extensivelegalworkonthird-partyvendorcontacts

EmanuelSchool,London:sixO-levels,fourA-levels,specialisingindouble-maths&sciences(1977-83)

BeganworkfromlastschoolyearsasProgrammerwithcomputerconsultantMetrafieldLtd(1981-84)

ITtrainingfromOracleTrainingServices(SQL,SQL*Plus,PL/SQL,1994),QATraining(C,VC++,WindowsMFC1994),UBS(Objective-C,NeXTStep,RumbaughOMTOODesign),andControlDataInstitute(COBOLandRPGIITOPScourse)(1985-94)

FinancialmarkettrainingfromUBS/Phillips+Drewinternally,FinancialTrainingLtd(qualifyingasTSA‘GeneralRegisteredRepresentative’,registered1991-99,TheSecuritiesAssociationnowTheCharteredInstituteforSecuritiesandInvestment)andCityUniversity(futures&optionsmathematics).PersonallydeliveredoneweekoflecturesinZürichonfixedincomeriskmaths(1985-95)

Managementtraining:TheOU’sOpenBusinessSchool(‘P670TheEffectiveManager’,1983)

Leadershipmasterclass,businessnetworking,salestraining,trusteeseminars&training(2003-08)

CertifiedPRINCE2Practitioner(ManagingSuccessfulProjectsunderPRINCE2®:2009,SPOCE/SkillSolveProjectManagementltd,APMGregistered2009-14)

CertifiedGDPRconsultant.CertifiedseniorBrexitconsultant(MiuraDevelopment2018)

GregSolomon–GregoryDavidPhilipSolomon,FRSA,MIIMFRSAFellowoftheRSA(RoyalSocietyfortheencouragementofArts,Manufacturers&Commerce,2004todate)MIIMMemberoftheInstituteofInterimManagement(accredited2020)

Fellowships & Professional Bodies

Metadata/Keywords - Technologies and Vendor Solutions - personally used or managed

Quali f ications and Training



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Financial Services, Risk & Regulatory Change Management – Analysis, Planning, Leadership, Delivery

HestiaHousing&Support–Trustee(2003-2010),servingontheFinancesub-committeeandApprovedPremisescommittee.Muchmerger&acquisitionexperience.Helpedappointfundmanagers.FurtherappointmenttotheFinanceSubcommitteefor2011.Joinedaone-yearITgovernancesubcommittee(2015).ApppointedtothePerformanceReviewCommittee(2016to2020),andnowtheirDigitalandITSubcommittee(2020todate)

TrusteeofcharityHastingsBonfireTrust.Chairofgovernancereviewforum(2015todate).Reassessedgovernancestructure

TrusteeofcharityOperaSouthEast,servingasCompanySecretary(2012todate)

ChristChurch,IsleofDogsPCC-DeanerySynodrepresentativetoHackneyArchdeaconry(2020todate)

PCCFoundationGovernoratSt.Luke’sCEPrimarySchool,IsleofDogs(2020todate)

StStephen’sChurchPCC,WestEaling.ElectedtoParochialChurchCouncil(2003-08).ChairofFinanceworkinggroup(2004-06).TreasurerforChristmasBazaar(2002-03).ChairofEducationworkinggroup(2001-04)

TrusteeofcharitySt.John’sHousingAssociationltd,aFSAregulatedIndustrial&providentsociety(2003-05)

VolunteerminibusDriverforHastings&RotherVoluntaryAssociationfortheBlind(2012)Enhanceddisclosuresfor:StStephens,HestiaHousing&Support,Hastings&RotherVoluntaryAssociationfortheBlind

Hobbies:Croquet(referee),Fireworks(C&GBPAtrained),Harley-Davidsons,Operachorus,Churchchoir,Sussexbonfiresocieties.2020:learningbellringingandPython

Outside Appointments/Non-Executive Work

Outside Work Interests

greg solomon – financial services change & project management · teams and acted as...

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