John Thornton

Experience

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  Canada Life

  Sept 2002 - Jan 2005

  Actuary

  Developed new products and funds using financial, cashflow and risk modelling skills. Provided technical assistance to sales channels and internal departments. Developed and tested pricing and quotation software.

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  JP Morgan

  Feb 2005 - Mar 2006

  Associate

  Credit Risk Middle OfficeDeveloped and managed the process in relation to the manual regulatory risk capital reporting for the European credit business of JPMorgan. Analysis and testing of internal credit risk data systems and proposing developments to fix errors

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  RBS

  Mar 2006 - Aug 2009

  ABS Bond Trader

  Manager, RBS London – Trader in Consumer ABSTrader for secondary European consumer ABS, primarily residential mortgages, credit cards and autos loans. Involved in developing the business into a strong client focused franchise. Risk management of legacy ABS assets from multiple desks within RBS after the merger with ABN AMRO. Managed legacy risk down from approx GBP 3 billion to under GBP 1 billion.Manager, RBS London - Securitisation Debt Capital Markets Worked on the primary side for securitisation desk, developing advanced financial models and analytical tools to aid the origination and structuring of new asset backed transactions (both own asset and agency deals). Show less

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  UBS Investment Bank

  Sept 2009 - Sept 2011

  Executive Director

  Senior ABS Bond TraderEstablished a new European asset backed security (ABS) trading desk at UBS London. The desk was a market maker for all European ABS deals, trading primarily residential and commercial mortgage backed securities (RMBS/CMBS). The client base was split across fund managers, insurance companies, banks and hedge funds globally.Key Responsibilities:• own research, due diligence and deal modelling; • active risk management of the trading book and maintenance of the desk’s risk exposure;• developed a sustainable client franchise and delivering consistent revenues within a strong risk control framework;• interaction with dedicated sales force to ensure they actively work on desk’s main priorities; Show less

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  Irish Life Investment Managers

  Sept 2011 - now

  Key Responsibilities: - Actively managed €6bn across a range of ILIM's fixed income funds- Manage ALM portfolios for non-life insurance companies- Member of ILIM asset allocation committee - Frequent interaction with clients, internal group companies, affiliates & partner firms- Involved in marketing of ILIM's investment capabilities- Actively trading cash bonds, bond futures & manage currency exposure - Consistent strong out-performance for discretionary bond funds against benchmarks Show less

  • Executive Manager - Head of Fixed Income

    Jan 2022 - now

  • Head of LDI & Indexed Fixed Income

    Oct 2020 - May 2022

  • Head of LDI

    Jan 2019 - Oct 2020

  • Senior Fixed Income Fund Manager

    Sept 2011 - Dec 2018