Escolástico Sánchez Martínez

Experience

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  CNMV

  Jan 1998 - Jan 2004

  Inspector at Directorate of Supervision of “Comisión Nacional del Mercado de Valores” (CNMV, Spanish SEC-Securities Exchange Commission), achieving “in situ” supervision of Investment Fund Managers and Depositaries. Spanish Representative in the task force of IOSCO against “late trading”.CNMV Representative in workshops on “Equity Markets, Supervision and Risks” at BIS (Bank of International Settlements) in Basel (Switzerland).Instructor of new inspectors in CNMV, organizing of ad-hoc courses.CNMV Representative in workshop “UCITS Depositaries and New Legislation” of UNED (Spanish Open University). Show less Technical role at Internal Control Area of Directorate for Supervision at CNMV, after success in a three exam process of recruitment of 2 Mathematicians for this Spanish Public body in 1998. Specialized in control and supervision of Investment Funds. During this period I developed various computer applications, such as:Net Asset Value Error Detector, using regression to fictitious indexes according to portfolio holdings (star application of CNMV on its 2000 Annual Memory, state of the art approaches on an international basis, fully created and designed by myself). Compliance Tester. Late Trading Tester, Data Extractor of Bloomberg using DDE, Statistical Samplers for Supervision, Return Analyzer, Transactions Analyzer, Monte Carlo’s Simulator, Value at Risk Calculator,…Specialist in analysis and valuation of structured and exotic products. Design and development of specific applications for any financial instrument.Specialist in analysis of derivatives transactions on organized markets. Detection of “favorite Funds” in trade assignations from daily account.Specialist in vendor Bloomberg and its links with other interfaces, such as Excel.Specialist in cutting-edge new financial instruments. Show less

  • Inspector

    Jan 2001 - Jan 2004

  • Technical Role

    Jan 1998 - Jan 2001
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  BBVA Asset Management

  Jan 2004 - Nov 2012

  Quantitative and Risk Portfolio Manager at BBVA Asset Management (AM), Japanese Equity Fund (domestic ranking VDOS June 2010 8/18, international 9/53) and US Equity Fund (5/36 & 4/63): pair trades using mean reversion and momentum strictly following the discipline of an equity trading system entirely developed by this candidate (initial success ratio 72%). Development of disciplined algorithm for unwinding the positions. Coordinator for the implementation of MUREX in Equity Dept. Coordinator of research into the impact of Prime Brokerage and Equity Swap in Equity Dept. In charge of a team of three people, with EUR 220 million under direct management, and more than four times that amount under indirect management. Show less

  • Risk Budgeting Officer

    Mar 2011 - Nov 2012

  • Quantitative and Risk Portfolio Manager

    Jan 2007 - Mar 2011

  • Risk Manager

    Jan 2004 - Jan 2007
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  BBVA

  Nov 2012 - now

  Executive Director at BBVA Corporate and Investment Banking, Operational Control, Compliance Officer. Head of a 3-people team.-Implementation of Dodd-Frank Act Requirements for a Financial Institution such as: -Swap Dealer Registration, Associated Persons procedures. -Chief Compliance Officer Report-Volcker Rule Adaptation: design of IT tools for self-assessment of prop trading/private or hedge funds. Analysis of Quantitative Measures. -Implementation of European Guidelines and Laws for a Financial Institution such as:-Program and design IT tools for preventing layering and spoofing (market abuse, under guidelines of ESMA/2012/122 on electronic automatic trading systems).-Procedures anti manipulation of benchmarks, such as Euribor, Libor,...-Suspicious Transaction Report -Owner of the Compliance program and monitoring of activities in markets on a global basis, with more than 10 geographies and 600 Traders/Sales/Research Analyst under scope. Show less

  • Executive Director

    Sept 2018 - now

  • Executive Director

    Nov 2012 - Sept 2018