Summary
Overview
Work history
Education
Skills
Affiliations
Languages
Timeline
Generic
STEVEN VISCHER

STEVEN VISCHER

London

Summary

Strategic technology leader with 25 years' experience driving large-scale transformations in Trading/Market Risk platforms, technical architecture, and organizational growth. Proven ability to deliver complex initiatives, such as saving $6M annually through a Prime Brokerage vendor takeout and supporting $800M revenue growth through trading platform migration. Skilled in coaching and mentorship, empowering teams of 70+ professionals.

Overview

25
25
years of professional experience

Work history

Director, Head of Equities Risk and P&L Technology

Bank of America
London
07.2017 - Current

With development teams (75 team members) in New York, Toronto, London and Hong Kong & India, role involves management of two organisations:

  • Global Equity Trading Risk and P&L Technology (400 users) – recently completed 4-year migration of trading desks to new trading platform supporting increase in average quarterly revenue from $1.2B to $2.0B.
  • Prime Brokerage Client Risk Technology (FICC & Equities) – on track to deliver $6M a year saving in vendor costs through multi-year initiative to migrate PB client intraday risk monitoring onto custom in-house platform.


Risk functionality ranges from intraday hedging capability for Trading, to to complex overnight Market Risk scenarios for regulatory programs such as FRTB. Technologies include Python, Stateful/Stateless Grid-based valuation engines, Java-based aggregation engines and a JS/React Front end.

Stress Risk Technology Lead – Credit Counterparty/Market Risk

JP Morgan
London
08.2014 - 06.2017
  • Leading a team of 30 developers, delivered The Stress Framework, a Greenfield initiative to implement a large-scale, high throughput Risk Engine to support regulatory Stress Risk demands placed on 'Too big to fail' banks in the 2010s (e.g. IMM and CCAR)

Global Risk and P&L Lead (T0-PL) – Official Risk and P&L

Barclays
London
05.2013 - 06.2014
  • Global Development Lead for T0PL (T-Zero P&L), official EOD/Overnight Risk and P&L reporting system across Barclays Rates business (15 developers, 1,500 global users)
  • Drove down time-to-market for new deliveries including reducing test cycles from 4 weeks to 5 days

Development Lead & Architect – Equity Derivatives

Barclays
New York
08.2008 - 05.2013
  • Designed and implemented Greenfield SOA trading system (Java, Spring, Message Bus Architecture) to migrate from a vendor platform (Sophis) to strategic Intraday risk/P&L platform for Convertible Bonds and Exotic Derivatives.

U.S. Development Lead – Credit Bond trading system

Barclays
New York
08.2005 - 03.2008
  • On-site management of New York and Singapore rollouts of Credit Trading platform

Senior Analyst/Programmer, Fixed Income Trading Risk

Citigroup
London
03.2004 - 08.2005

IT Graduate Analyst – Money Markets Repo, Liquidity Technology

Deutsche Bank
08.2000 - 02.2004

Education

BSc Computer Science 2:1 -

University College London
1997 - 2000

Skills

  • Leadership - responsible for productivity of 70 technology professionals
  • Trading and Market Risk Management - asset classes from Equity to Fixed Income
  • Software Development - 25 years software development in Java, Python and other languages
  • Coaching and Mentorship - 20 years nurturing careers & guiding decision-making
  • Negotiation and Influencing - successfully steered executive decision to move Prime Brokerage Technology Strategy from vendor to in-house platform
  • Execution/Programme Management - led multiple multi-year Global Trading Platform migrations
  • Budget management - experience managing $15M annual budgets

Affiliations

  • Motorsports (compete in Caterham series racing)
  • Snowboarding
  • Sailing

Languages

French
Fluent

Timeline

Director, Head of Equities Risk and P&L Technology

Bank of America
07.2017 - Current

Stress Risk Technology Lead – Credit Counterparty/Market Risk

JP Morgan
08.2014 - 06.2017

Global Risk and P&L Lead (T0-PL) – Official Risk and P&L

Barclays
05.2013 - 06.2014

Development Lead & Architect – Equity Derivatives

Barclays
08.2008 - 05.2013

U.S. Development Lead – Credit Bond trading system

Barclays
08.2005 - 03.2008

Senior Analyst/Programmer, Fixed Income Trading Risk

Citigroup
03.2004 - 08.2005

IT Graduate Analyst – Money Markets Repo, Liquidity Technology

Deutsche Bank
08.2000 - 02.2004

BSc Computer Science 2:1 -

University College London
1997 - 2000
STEVEN VISCHER