Paul Williams

• Managed intraday and end-of-day positions daily with the ALMT (Asset and Liability Management Trading) desk.
• Monitored CHAPS receipts and payments in the PALM system, maintaining CHAPS settlement compliance across the Bank of England's RTGS infrastructure.
• Directed CHAPS liquidity via the Bank of England's BERTI system and assisted the CREST team with broader liquidity operations.
• Processed and funded Commodity Futures and Bullion positions, Euroclear / Clearstream settlements, and Prime Brokerage daily client cash flows.
• Generated daily FX 4th leg deal reports and captured SPV (Special Purpose Vehicle) movements to accurately determine daily funding requirements.
• Conducted FOBO, cash, inter-system, and position-to-statement reconciliations, approving and validating trades and positions.
• Investigated and resolved nostro breaks and actively transferred balances across nostro accounts.
• Prepared manual payments and processed monthly valuation reporting on funding positions.
• Tracked and reported incidents to ensure claims were correctly routed to the proper department or counterparty.

Strategic Automation & Leadership

• Subject Matter Expert (SME) in currency funding, serving as the designated trainer and mentor for new team members.
• Partnered with Front Office and Control teams to execute Fixed Income and FX deals and triage escalated queries.
• Key contributor to the successful rollout of a new liquidity management system (ILMS), automating UK currency positions and significantly minimizing manual processes.
• Participated in continuous system and payment testing alongside the CHAPS Coordination Team.

• OTC & ETD trade checks, price checks, and client specific check
• Monitoring eligible and reported collateral positions
• Monitoring and assisting with collateral disputes highlighted through reconciliation process
• Monitoring and assisting with MTM disputes highlighted through reconciliation process
• Monitoring collateral interest process
• Reconciliation of OTC and ETD positions to Counterparty
• Evolving checking procedures with changing operating model

• Daily monitoring of trades via trade blotter in thinkFolio
• Derivatives limits reporting - cross checking total fund, cash, positions and prices using information from thinkFolio and Bloomberg
• ETD Position reconciliation
• Daily compliance checks

• Treasury Derivatives
• Processing trades on a daily basis using systems Diogene (front office) and Midas (back office)
• Products including FX Options, Interest Rate Swaps, Cross Currency Swaps, Sonia’s, Fra’s, Caps & Floors, Structured Loans, NDF’s
• Managing OTC ISDA confirmations and documentation
• Checking and matching inward documentation including confirmations and broker notes to trades
• Settlement of trades
• Providing dealers with position report on daily basis
• Notifying dealers of any FX Option expiries using StorQM Plus 4.0 and deals that have been touched (knocked in / knocked out), these will then be adjusted accordingly in our back office system Midas
• Providing support to dealers, assisting with queries.
• Front office / back office reconciliations
• Investigation of position / cash / nostro breaks
• Escalation of high risk items
• Providing Finance dept with daily Libor and Euribor rates
• Assisting manager with ad-hoc projects
• Projects: Novating Fortis London deals over to BNPP Paris and Brussels. Deals inc.FX Options, IRS, FRA’s, SONIA’s, Cross Currency Swaps, Structured Loans.
• Commodity Derivatives
• Processing trades through Sophis Risque
• Products including Base Metals, Energy & Agri
• Checking and matching trades
• Settlement of trades
• Journal input
• Providing cover for warrants team

• ETD Analyst
• Downloading broker statements & processing Bond, Equity & Commodity Futures and Options for clients on a daily basis using systems GMI, FACCS & AS400 making sure NT reflects the broker statements on GMI, FACCS & AS400.
• Expiring & assigning option trades on GMI & AS400.
• Investigation of cash & holdings broker exceptions on a daily basis with the focus being on clearing down breaks to a minimal amount and achieving given daily targets.
• Escalation of high risk items.
• Reconciling client accounts to broker statements daily using systems TLM, GMI & FACCS
• Dealing with queries from Fund Accounting, Chicago Derivatives, Audit & Control, IMLG reps, Relationship managers, Investment managers & other custodians & investment banks.
• Queries come in via Derivatives Inbox & in house system IOL.
• ETD/OTC Operations
• Dealing with queries from in house depts. IMLG, Relationship Managers, account managers.
• Solving queries, resolving breaks cash & holdings using broker statements & in house system AS400.
• Liaising with Chicago office to resolve breaks/queries across various accounts.
• Assisting Manager with ad-hoc projects.
• Derivatives Client Services ETD/OTC
• Dealing with queries via derivatives client services inbox from IMLG, relationship managers, account managers, Chicago derivatives (ETD/OTC), various brokers & clients.
• Dealing with queries from in house system IOL from various NT offices around the world ie Chicago, New York, Singapore, Bangalore, Dublin & Depts in London.
• Reconciling cash & holdings breaks on ETD & OTC, these ranged from backlog to present day

• Oversaw trading of bond futures, equity futures, and currency futures to optimise portfolio performance.
  Directed analysis of market conditions to inform strategic trading decisions.
  Coordinated with stakeholders to enhance futures trading operations.
• Monitored, assessed, and mitigated financial risks associated with futures and derivatives trading, focusing on margin requirements, market volatility, and liquidity. Analysed trader behavior, enforced position limits, and run stress tests to prevent losses

Achieved successful trading outcomes in bond futures, equity futures, and currency futures through strategic decision-making.
Generated significant insights that informed trading strategies and improved overall market positioning.
Delivered consistent performance by evaluating market conditions and adjusting trading approaches accordingly.

Cultivated strategic partnerships in commodity/ coffee trading through effective client liaison and proactive business development.