Simon McNicol
Macleod,Australia
Summary
Risk Analyst with 23 years’ experience working with risk systems and providing data analytics. I have a PhD in Mathematics and have worked in a technical capacity across various financial fields such as: Investments, Insurance, Market risk, Credit Risk and Credit Card Fraud. More recently I have been focusing on Enterprise data projects and process improvements for both front and middle office.
Overview
25
25
years of professional experience
Work History
Implementation Consultant
Rimes- Matrix
03.2023 - Current
- Client facing role in rolling out the matrix fund data platform with focus on their exposure management application Rebalancer
- Product enhancement, implement new quantitative functionality for the Rebalancer
- Datamart improvements, integration of data feeds to enrich custodian data
- Stakeholder engagement: requirements, implementation, testing, and deployment
- Develop exposure management models, trade entry and approval workflows
- Conduct training and acceptance testing when new functionality is ready to be rolled out.
Senior Associate Operations Change
Australian Super
05.2022 - 04.2023
- Implement change within Operations through automation and process improvement
- This role focused on providing technical solutions to smaller non-strategic projects within Operations
- Technical Uplift and Automation
- Built a framework for identifying processes in operations to be improved
- Stakeholder engagement, working with the business to identify and implement automation
- Vendor selection for a reconciliation tool, migration of existing reconciliations
- HiPort to InvestOne migration
- Implementing crediting rate validation for InvestOne
- Implemented a tactical Market Abuse Regulation solution to monitor UK trading
- Worked on pilot program for power automate.
Investment Analytics Specialist /Quantitative Analyst
CBUS
12.2016 - 05.2022
- Provide quantitative support for the investment team with a primary focus on integrating new risk engines and data platforms within Investments
- Currently working on CBUS growth strategy as a technical SME to improve our exposure management capabilities
- Investment Analytics
- Improve the capability to monitor and manage exposures across all asset classes
- Implemented FX model for option level currency management
- Build out of rebalancing capabilities, with implementation of Matrix’s Rebalancer
- Automation of analytics using Azure data bricks, logic apps and power bi
- Integration of BarraOne using APIs for what if and scenario analysis
- Public Markets and Asset Allocation
- Build quant tools to improve the investment decision process (EQ, FI and Credit)
- Researched and back tested quant strategies for dynamic asset allocation (DAA)
- ESG Carbon modelling.
Stress Testing Manager
ANZ
01.2016 - 12.2016
- Run and managed the credit stress testing engine used for conducting group and local ICAAPS
- This involved running of macro driven stress tests on the banks credit book
- Group and Local ICAAPS
- Perform credit stress testing for provisioning and RWA
- New model integration and testing (macro driven models)
- Management of a small team (3 persons).
Quantitative Analyst/Market Risk Manager
ANZ
10.2011 - 12.2015
- Participated in the initial QIS submissions for the Fundamental Review of the Trading Book (FRTB)
- Built prototypes and wrote technical specifications for a risk engine replacement
- Risk Engine Replacement
- Integration of new risk engine into existing technology architecture
- Fundamental Review of the Trading Book (FRTB)
- Participation in QIS submissions to APRA
- Understanding of the capital and technological impact in implementing FRTB
- Scenario Management
- Project management of a small team with tight deadlines
- Decommissioning of legacy spreadsheet scenario catalogues.
Senior Analyst
SSD Group
11.2010 - 10.2011
- Worked at a start-up to developing a Capital Markets and Risk Management cloud-based application
- This involved implementing risk methodologies and analytical tools for portfolio construction
- Model Development and Analysis
- Monte Carlo techniques
- Portfolio construction and stress testing.
Quantitative Analyst
Wholesale and Market Risk, HSBC
01.2008 - 06.2010
- Worked on achieving accreditation with the FSA for a specific risk internal model
- After model accreditation moved to BAU to oversee the integration of model with the business
- Value at Risk
- FSA accreditation of a new internal model for Traded Credit
- Build prototype for validation and proof of concept
- Model Development and Analysis
- Design of specific interest rate (Credit) and Incremental Risk models
- Enhanced existing reporting, giving position level analysis.
Fraud Analyst
Alaric Systems
10.2006 - 11.2007
- Develop fraud detection algorithms using data analysis and statistical techniques for Alaric’s software ‘Fractals’
- Research and Development
- Identify how fraud occurs and developed algorithms to detect it
- Perform routine calibrations and monitor performance.
- Evaluated customer data to identify and prevent fraudulent activities.
- Analyzed large amounts of data to find patterns of fraud and anomalies.
- Developed and implemented procedures to detect and prevent fraud.
Quantitative Analyst
National Australia Bank (NAB)
05.2005 - 08.2006
- This consisted of two separate contracts
- Implement systems for hedging interest rate risk in the mortgage book
- Implement interest rate and FX evolution models for a counterparty credit risk engine
- Computational Modelling
- Implementation of scenario evolution engine
- Validation/implementation of internal pricing libraries
- Build hedging optimization tool (trade matching).
Actuarial Analyst
AXA Australia
01.1999 - 04.2005
- Started in performance reporting, then moved maintaining and enhancing their valuation engine
- Took two years off to complete my PhD, then came back as a contractor to work on product design and pricing
- Performance reporting and Systems Development
- Coding of new products and the maintenance of existing products
- Validation and testing
- Valuation and reporting
- Strategic planning.
Education
PhD - Applied Mathematics
Royal Melbourne Institute of Technology
Melbourne, Australia02.2005
Bachelor of Science - Mathematics and Physics
LaTrobe University
Bundoora, Australia12.1998
Skills
- Python
- C#
- C
- PL/SQL
- Azure DevOps CI/CD
- Customer Implementation
- System Design and Implementation
- Mission Critical Applications
- Methodology Implementation
Timeline
Implementation Consultant
Rimes- Matrix
03.2023 - Current
Senior Associate Operations Change
Australian Super
05.2022 - 04.2023
Investment Analytics Specialist /Quantitative Analyst
CBUS
12.2016 - 05.2022
Stress Testing Manager
ANZ
01.2016 - 12.2016
Quantitative Analyst/Market Risk Manager
ANZ
10.2011 - 12.2015
Senior Analyst
SSD Group
11.2010 - 10.2011
Quantitative Analyst
Wholesale and Market Risk, HSBC
01.2008 - 06.2010
Fraud Analyst
Alaric Systems
10.2006 - 11.2007
Quantitative Analyst
National Australia Bank (NAB)
05.2005 - 08.2006
Actuarial Analyst
AXA Australia
01.1999 - 04.2005
PhD - Applied Mathematics
Royal Melbourne Institute of Technology
Bachelor of Science - Mathematics and Physics
LaTrobe University
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