Jason Korchmar

• Oversee business management and operational strategy as EMEA COO for the Global Credit Trading Business acting as key interface between Senior Leadership, FLU, Risk functions, Tech, Finance, Compliance, and Ops to ensure alignment and efficiency.
• Executed responsible, growth-aligned, business expansion and strategic change initiatives. Implemented streamlined framework for approval of structured credit repackage transactions leading to significant business expansion ($4-6m yr), cost reduction through internalization of IR futures hedging (est. $1m yr), funding efficiency within structured transactional entities ($1m yr), and expansion in GBP Inflation-Linked Securities (est. $3-5m yr)

• Managed budgets, forecasting, and resource allocation to optimize financial outcomes and resilience. Implemented model based financial forecasting within Credit Flow trading.
• Represented regional Credit Trading businesses in regulatory interactions and internal governance routines, aligning with business stakeholders to prepare senior leadership and ensure consistent, well-informed communication of priorities, risks, and controls within control forums and interactions with bank regulators.
• Spearheaded regulatory implementations, including AnaCredit, ECB/AMF Desk Mapping Review, FRTB, and CSDR.

• Strengthened trade lifecycle controls through deep-dive reviews and implementation of data-driven governance. Partnered with Operational functions to realign roles and responsibilities between FLU and Operations.
• Partnered with functional teams (Compliance, Risk, Tax, Finance) on complex trade structuring and execution in Distressed and Special Situations, & Structured Credit.

• Supported global onboarding and AML organization of 400+ associates across 20 locations.
• Implemented capacity models and metrics tools for onboarding and AML to enhance resource planning.
• Conducted end-to-end process reviews and designed roadmaps to remediate control deficiencies.
• Managed 14-FTE team supporting Credit, Mortgages, EM, Rates, and FX desks with trade capture and client onboarding.

• Led Credit and Mortgages Trade Control teams and EMEA Credit P&L reporting across fixed income and derivative portfolios.

• Built resilient, high-performing, control team through control redesign, retraining, and onboarding enhancements—resulting in a 50% drop in attrition, improved employee satisfaction survey results, and measurable control improvements.

• Created and deployed excess capacity to absorb operational functions from higher cost locations and coordinated migration efforts between teams.
• Coordinated system migration efforts and legacy system retirement in collaboration with technology and business stakeholders. Successfully migrated live trading business while avoiding service disruption.
• Implemented Credit business control review to simulate rogue trading scenarios in collaboration with Compliance & Risk.
• Acted as Credit Adoption Manager for CPRT program— foundation work for Basel IMA compliance. Seconded for 1 year project.

• Managed AMRS CDS trade control team
• Led trade capture system migration, lifecycle automation, and post-merger infrastructure consolidation.
• Globally owned ICE D2D Clearing process and led compression strategy efforts for margin and capital efficiency

• Established 6-person team within a new global shared service operating model, partnering with operational leads to define migration scope, coordinate end-to-end planning, and deliver in-region training. Provided post-migration oversight to ensure performance stabilization, control adherence, and integration into broader support functions.

• 5 weeks on the ground training

• Analyzed potential solar project investments with special consideration for capital costs, federal and state-specific tax considerations, and and investment suitability.
• Sourced business leads through calls to Financial Advisors to HNWI

• Executed trades in NYSE listed equities and ETF's.
• Built risk/revenue tracking models to optimize trading strategy.