John Cairnduff

Experience

• 

  Ulster Bank

  Jul 1979 - Mar 1995

  * Preparation and distribution of board papers * Sealing of legal documents * Preparation of Trial Balances * Preparation of P/L and balance sheet * Assist in project to analyse costs of Retail Banking operations * Develop capacity of computerised ledgers * Build system for bad debt provisions

  • Assistant Company Secretary

    Sept 1993 - Mar 1995

  • Accounting Analyst

    Mar 1991 - Sept 1993

  • Project Analyst

    Jan 1987 - Feb 1991

  • Branch Banker

    Jul 1979 - Dec 1986
• 

  Ulster Bank

  Dec 1997 - Jan 2013

  * External engagement with politicians and business organisations * Public policy research, briefing notes * OFT Compliance Officer (from 2010) – including provision of quality assurance role for Board of project to implement OFT-mandated change * Represented Ulster Bank on Council of NI Chamber of Commerce and NI Panel of British Bankers Association * Provided secretariat for ‘NI Forum’ (committee of NI-based senior executives) * Analysis and reporting of risk metrics in corporate loan portfolios * Bad and doubtful debt provisions –methodology, reporting and forecasting * Led team of 5 responsible for production of financial statements * Analysis of balance sheet and profit and loss account* Project manage the application of new accounting standards * Finance liaison point for Credit risk function * Project management of system enhancements * Develop financial reporting system capacity* Led project for introduction of Euro * Maintain chart of accounts * Oversee implementation of controls on accounting system

  • Corporate Affairs Manager

    Jan 2007 - Jan 2013

  • Manager Credit Risk

    Sept 2004 - Oct 2007

  • Financial Reporting Accountant

    Jan 2001 - Aug 2004

  • Manager Financial Reporting & Controls

    Dec 1997 - Dec 2000
• 

  Nibusinessinfo.co.uk

  Feb 2014 - Oct 2014

  Secondee on Review of NI Business Red-Tape

  * Manage regulatory delivery work stream* Compile evidence of good and sub-optimal practice * Synthesise evidence and report findings

• 

  Fscom

  Oct 2014 - now

  Associate Director

  Advising fintech clients providing payments and e-money and investment firm clients that offer foreign exchange products on their regulatory obligations. Recent projects have included leading a challenger bank application to the Prudential RegulatoryAuthority, leading several IFPRU investment firm applications and MiFID 2 analysis. Alsoadvises clients on the FCA CASS requirements and regulatory reporting such as COREP returns.