David Latham

Experience

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  AXA Investment Managers

  Jun 2000 - Sept 2005

  Fund Accountant - General Insurance Funds

  • Production of a suite of daily, weekly and monthly multi GAAP investment accounting reports for AXA General • Production of free cash reconciliations, derivatives exposure reports and fund performance data.

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  Black River Asset Management

  Sept 2005 - Jan 2012

  Analyst, Convertible Bonds and Derivatives Fund

  Worked as an analyst, execution and financing specialist on very successful macro focussed volatility arbitrage trading desk. The desk utilised numerous trading strategies to produce exceptional asymmetric non-correlated absolute returns to private investors. These strategies included convertible arbitrage, volatility arbitrage, relative value and directional, and utilised the full range of financial securities available to an institutional hedge fund.Primary Responsibilities• Trade modelling and execution - stock, convertible bonds, listed & OTC options (equity, bond futures, FX, CDS and commodity), CDS and straight credit, variance swaps, ascots, FX and futures.• Trade ideas and hedging – Regularly suggesting trades to my senior portfolio manager which were incorporated into the portfolio as well as participating in desk discussions regarding investment strategy and risk changes. • Assisting with risk management - using sophisticated live front office systems, Imagine and Monis. These are used to dynamically hedge based on pre-defined risk limits and alter the portfolios expected performance.• Production of marketing materials – working with the team to produce a variety of pitch documents and later to provide potential investors with additional ad-hoc information as part of their due diligence process.• Portfolio Finance - sole responsibility for managing prime brokerage relationships and autonomy with regards to transferring positions to reduce financing costs to the business and/or manage collateral requirements. • Documentation – Manage Prime Brokerage agreements, ISDA agreements, Portfolio Swap Agreements and Tri-party option agreements.• Trade Entry and amendments – Responsible for managing the data in the risk systems ensuring that all risk metrics were correct so that the portfolio managers and risk personnel use the data effectively• Foreign Exchange - Management of portfolio FX exposure using live PnL Show less

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  Moore Capital Management

  Mar 2013 - May 2013

  Portfolio Assistant – Macro Derivatives Trading

  Worked as a portfolio assistant for a new portfolio management team within Moore’s FIF Macro Fund. The strategy sought to use derivatives under a global multi-asset class remit to best express the macro views of our team and Moore in general. Primary Responsibilities• Trade ideas – Produced a range of trade ideas across multiple asset classes to express the teams macro views• Risk limit model - Production of a pan-asset class model portfolio to define scope for risk taking in risk limit discussions• Trading and risk management tools - Working with quant developers to produce trading tools and portfolio stress scenarios Show less

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  Goldman Sachs

  Nov 2013 - May 2014

  Contract - Latham Financial Ltd - Equity Derivatives & Exotics Middle Office

  Working as a middle office analyst, supporting volatility and exotics trading teams and associated sales teams within Goldman Sachs International.Primary Responsibilities• Trade reconciliation and matching – using a range of in-house tools, ensure that all trades are matched within a timely manner, investigate trades which are not matched and ensure that sales, traders or IT take corrective action.• Exotic trade review – first check of Exotic trade booking to client confirmations and term sheet. Review and feedback errors, concerns and request clarifications from traders and sales staff. Exotic trades include, but are not limited to, barrier, digital, quanto, accumulator & decumilator, multi-asset barrier, asian, auto-callable, volatility variance and correlation swaps, lookback and basket options. Review of structured trades. Show less

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  Aviva Investors

  May 2014 - now

  Volatility, Convertibles & Global Equities Trader