Summary
Overview
Work History
Education
Timeline
Generic

Stuarte Dagg

Sydney,NSW

Summary

Stuarte has over 25 years of experience in global markets working in both Australia and overseas pricing and trading in Foreign Exchange, Rate, Credit and Equity products. In these products Stuarte has priced and traded a wide range of linear and non-linear risks and has performed a diverse range of roles ranging from product manger to proprietary trader manger. Stuarte’s background in accounting and mathematical nature provided an opportunity to join the front office business in 1990 where he wrote all the pricing and hedging programs for the SBNSW swaps trading business. This background provided Stuarte with an intimate understanding of the risks of running a swaps portfolio to which he was to leverage over his career. As a manager Stuarte has been involved in both small and medium sized teams both locally and cross boarder. He has managed both traders and professional sales staff and was recognised for his partnership skills in 2000 by being awarded Chase Manhattan’s “Top Tier” award. Stuarte has been keen to train and promote the development of people with former staff now in senior positions in the bank. At JP Morgan Stuarte was the Managing Director responsible for the AUD and NZD derivatives business and is an active proprietary trader. Stuarte was employed by National Australia Bank in 2008 and was a key resource in the banks successfully navigation of the GFC being responsible for liquidity in Australia and Asia. Most recently Stuarte has tasked with uniting the Sydney and Melbourne Treasury Risk teams building a culture of performance, transparency and accountability.

Overview

36
36
years of professional experience

Work History

Executive Portfolio Management and IRRBB

National Australia Bank
07.2020 - Current

Responsible for Management of Global Liquids Portfolios

Responsible for IRRBB

Member of Treasury Leadership Group

Highlight:- United Team Constantly Exceeding Benchmarks

General Manager Group Liquidity Management

National Australia Bank
03.2011 - 06.2020
  • Responsibility for management Global liquidity Portfolio with view to maximising profitability
  • Management of Staff in Australia, Asia London and New York
  • Responsible for Short Term wholesale (< 1year) funding Books
  • Highlights: Consistently outperforming benchmarks and lead broader discussion on risk and return within the new regulatory environment.

Regional Treasurer

National Australia Bank
09.2008 - 03.2011
  • Management of Prudential Liquidity Portfolio with a view to maximise profit
  • Management of Staff in Asia / Australia
  • Ensure NAB was compliant with defined risk metrics
  • Highlight:- Emerged from GFC with good profitability and better balance sheet practices

Chase Manhattan Bank / JP Morgan Chase
01.1994 - 07.2008

Managing Director Rates Trading

JPMorgan Chase
12.2006 - 06.2008
  • Local Proprietary Trading Management of all trading risk in Sydney Branch Management of 3 Dealers in Australia
  • Highlights: - Successful re-organization of business to be a niche player

Managing Director Rates Trading

JPMorgan Chase
02.2002 - 12.2006
  • Management of Propriety Trading Group (based in Singapore) Management of all trading risk in Sydney Branch (i.e
  • Rate, FX and Bullion) Management of 8 Dealers including: - Management of 3 dealers in Singapore Management of 6 dealers in Australia
  • Highlights: - Successful transition back into local market and ability to manage to Propriety trading desk while in another centre.

Managing Director

Chase Manhattan Bank
01.2001 - 02.2002
  • Management of Singapore SGD Business, Relative Value Trading Group and the Sydney Branch Management of 12 Dealers including: - Management of 7 dealers in Singapore Management of 5 dealers in Australia Propriety Trading of all currencies
  • Highlights:- Successful integration of the JP and Chase Business, January 2000 Won, Top Tier Award

Head, Managing Director

IRMG Chase Singapore
01.2000 - 12.2001
  • Management of Singapore and Sydney Branches as well as all Medium term risk in Non Japan Asia excluding Hong Kong Management of 18 Dealers including: - Management of 11 dealers in Singapore Management of 5 dealers in Australia Management of 1 dealer in Thailand Management of 1 dealer in Taipei Proprietary Trading of all currencies

Chief Dealer, Vice President

IRMG Chase Singapore
05.1998 - 01.2000
  • Management of 10 Dealers Pricing and Hedging of all Structures Management of books in 4 currencies Management of Medium Term Risk in Thailand Branch
  • Highlights: - Responsible for the closing of some 3,000 MYR trade-in two business days Training of existing staff to price structured products Voted number 1 SGD house

Vice President

Dealer International Capital Markets Asian Currencies Singapore
06.1997 - 05.1998
  • Management of IDR/SGD Swap and FX books Pricing and hedging of all Structures Market maker on all SEA Swaps
  • Highlights: - Voted Number 1 IDR swap house by Risk magazine Part of 3-member team that won the award for “Asian Currency Rate Exposure" award in International Finance's deals of the year Priced and hedged deals that were in excess USD 400 Million in the IDR market Was part of a small team that made in excess of USD 80 Million Revenue in 1998

Chief Dealer

International Capital Markets
01.1994 - 06.1997
  • Management of AUD/NZD Swap and Options Books Pricing and hedging of all Structures Market maker on all AUD/NZD Swaps
  • Highlights: - Helped establish Chase Manhattan as a significant player in the AUD swap Market Established procedures and system for trading and pricing

Senior Dealer Swaps

07.1992 - 12.1994
  • Pricing and hedging of all AUD swaps Price maker on all AUD swaps Structuring of all deals Management of 3 staff
  • Highlights: - Established SBNSW as a significant swaps Player Developed all pricing and hedging systems for SBNSW

State Bank of NSW
11.1988 - 12.1994

Dealer Swaps

01.1991 - 06.1992
  • Price maker on all AUD swaps Marketing to tier 1-semi government agencies Input into book positioning

Risk Manager Swaps

05.1990 - 12.1990
  • Establishment of swap books pricing and hedging too pricing of all structured deals Development of efficient accounting systems

Foreign Exchange Accountant

Hambros Australia Ltd
12.1987 - 10.1988
  • Management and Supervision of staff Preparation of FX Profit and loss Reconciliation of accounts Preparation of Statutory Reports

Education

Bachelor of Economics -

Macquarie University
Sydney
1997

Grad Dip Applied Finance -

Securities Institute of Australia
Sydney
1991

Timeline

Executive Portfolio Management and IRRBB

National Australia Bank
07.2020 - Current

General Manager Group Liquidity Management

National Australia Bank
03.2011 - 06.2020

Regional Treasurer

National Australia Bank
09.2008 - 03.2011

Managing Director Rates Trading

JPMorgan Chase
12.2006 - 06.2008

Managing Director Rates Trading

JPMorgan Chase
02.2002 - 12.2006

Managing Director

Chase Manhattan Bank
01.2001 - 02.2002

Head, Managing Director

IRMG Chase Singapore
01.2000 - 12.2001

Chief Dealer, Vice President

IRMG Chase Singapore
05.1998 - 01.2000

Vice President

Dealer International Capital Markets Asian Currencies Singapore
06.1997 - 05.1998

Chase Manhattan Bank / JP Morgan Chase
01.1994 - 07.2008

Chief Dealer

International Capital Markets
01.1994 - 06.1997

Senior Dealer Swaps

07.1992 - 12.1994

Dealer Swaps

01.1991 - 06.1992

Risk Manager Swaps

05.1990 - 12.1990

State Bank of NSW
11.1988 - 12.1994

Foreign Exchange Accountant

Hambros Australia Ltd
12.1987 - 10.1988

Bachelor of Economics -

Macquarie University

Grad Dip Applied Finance -

Securities Institute of Australia
Stuarte Dagg