Overview
Work history
Education
Certification
Timeline
Generic

Kourosh AFSHAR HAGHIGHI

Overview

7
7
years of professional experience
1
1
Certification

Work history

FIXED INCOME REPO TRADING ASSISTANT

01.2022 - 01.2025

Trader Assistant

JP Morgan Chase and Co
London
01.2022 - 01.2024
  • Financial professional with extensive experience supporting high-performing trading desks
  • Most recently served on the fixed income desk as a Repo Trading Assistant, providing critical support in trade execution, flow and risk management
  • Work prior was on the same desk as a Collateral and Risk Analyst, monitoring firm exposures and mitigating counterparty credit risk
  • Earlier experience includes working as a Tax Analyst, advising bond and equity investors across global markets
  • SKILLS
  • Technical (Microsoft Apps, Bloomberg) | Risk Management | Client Focus | Data Analysis | Market Research | Report Writing | Teamwork | Remediation | Compliance | Process Innovation | Attention to Detail |, Supported the emerging markets repo desk in both local and G7 currencies, as the lead contact for and on behalf of the desk, being involved in all aspects of trade lifecycle
  • Awarded top assessment mark for personal performance in each end of year assessment in the role, during a period in which the desks net revenue increased by 22% (, .)
  • Enhanced desk risk and PnL reporting; built an automated broker trade reconciliation flow via Alteryx which improved reliability of trade capture, both for trade execution as well as any mid and end lifecycle inputs (e.g
  • Interest hikes/cuts, trade rolls, calls.)
  • Improved trade capture contributed towards the reduction in variable costs for the desk; internal treasury penalties (ITP) reduced by 81% year-on-year

01.2023 - 01.2024
  • For example
  • Leveraged technical and systemic expertise to provide 1-1 support to other internal trading desks that sought to utilize the desks trading software
  • For one trading desk this involved the 100% migration of their structured repo business in 2022
  • Streamlined remediation process for trading disputes during the LIBOR to SOFR transition in 2022- having created a standardized internal calculation file and handheld any disputes with clients directly
  • Facilitated training sessions and provided 1-1 mentorship for junior staff members (two colleagues across three years) to consolidate understanding of KPI's, risk and control procedures as well as bespoke trade booking flows
  • Encouraged improvements to systematic trading through daily feedback to tech, which included performing UAT testing, to enhance our internal trading software - notably to the user interface and position inventory.

FIF COLLATERAL and RISK ANALYST

JP Morgan Chase and Co
Bournemouth
01.2020 - 01.2022
  • Mitigated counterparty credit risk associated with Repo (GMRA) and Securities Lending (GMSLA) transactions by way of monitoring firm exposures, issuing margin calls on back of negative net exposures
  • Kourosh AFSHAR HAGHIGHI 07776227268 2 | 2
  • Role demanded efficiency and accuracy: the position was taken during a period of extreme market volatility - approximately a 150% increase in margin call volume, when operational framework of the team was manual (0% automation for collateral management and portfolio reconciliation.)
  • Managed high volume of daily incoming flows: personally attributed to more than 42% of response volume in two years
  • Project lead on initiatives that enhanced operational infrastructure of team, specifically margin call automation, portfolio reconciliation and collateral allocation
  • Automated portfolio reconciliation increased to 45% by 2021, with margin call automation increased to 35% in same year
  • Worked effectively within a team of eight to drive the successful migration to a new collateral maintenance system in 2021.

TAX

RELIEF AT SOURCE, JP Morgan Chase and Co
Bournemouth
11.2018 - 01.2020
  • Maximised client returns by facilitating tax relief at source (withholding and capital gains) on client investments across markets globally
  • Responsible for a high-risk client product; markets covered had no reclaim opportunity and therefore posed greater financial and reputational risk
  • Acted as a contact point (SME) for relationship managers in several markets, for example in
  • Indonesia, South Korea, Israel and Portugal
  • This would be by providing market-nuanced expertise, such as what tax documentation was available to which investment vehicle, and how to complete such accurately
  • Worked with local sub custodians in each market to ensure client tax documentation was on file with the relevant authorities in advance of dividend/coupon deadlines
  • Reconciled client accounts daily to ensure internal tax treatment reporting was in line with market custodians, as well as ensuring client holdings were held in the correct account prior to payment deadlines.

TAX MARKET INTELLIGENCE ANALYST

JP Morgan Chase and Co
Bournemouth
05.2018 - 11.2018
  • Assessed and determined the operational impact of all regulatory and tax market announcements for both the firm and investors, such as the introduction or withdrawal of requisite tax documentation, new treaty agreements or new/amended beneficial ownership requirements
  • Partnered with various internal teams, such as Product Development, to introduce or amend product offerings relative to market announcements, as well as Corporate Tax to develop client newsflashes
  • Managed the implementation of new operational procedures on the back of newsflashes, such as holding department-wide calls to ensure procedural changes were understood
  • Upheld the accuracy of market tax rate data held in the firm's Tax Custody platform by reconciling the internal tax database with comparative external vendors.

Education

Master's Degree - Politics and Contemporary History

University of Nottingham
2017

Bachelor's Degree - History

University of Nottingham
2016

Certification

Studying for Level 1 of CFA in 2025, desire to obtain charter by 2027.

Timeline

01.2023 - 01.2024

FIXED INCOME REPO TRADING ASSISTANT

01.2022 - 01.2025

Trader Assistant

JP Morgan Chase and Co
01.2022 - 01.2024

FIF COLLATERAL and RISK ANALYST

JP Morgan Chase and Co
01.2020 - 01.2022

TAX

RELIEF AT SOURCE, JP Morgan Chase and Co
11.2018 - 01.2020

TAX MARKET INTELLIGENCE ANALYST

JP Morgan Chase and Co
05.2018 - 11.2018

Master's Degree - Politics and Contemporary History

University of Nottingham

Bachelor's Degree - History

University of Nottingham
Studying for Level 1 of CFA in 2025, desire to obtain charter by 2027.

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Kourosh AFSHAR HAGHIGHI