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Portfolio / Risk Manager

Location:
Saint Augustine, Florida, United States
Posted:
August 28, 2017

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Lothar Ruehling

**** ******** **** ***** ** Augustine, FL 32092 (904) ***-****

ac11m6@r.postjobfree.com

Senior Financial Professional – Trading, Portfolio and Risk Management Summary of Qualifications

Accomplished financial professional with strong knowledge and understanding of global capital markets, derivative products, portfolio management, and financial risk management.

14+ years of proprietary trading experience as a local member on and off the floor of the Chicago Mercantile Exchange trading S&P 500 futures, S&P options, major European equity indices, and fixed income products.

6+ years of portfolio management experience as founding Principal & Portfolio Manager for a registered CPO fund & CTA.

3+ years of risk management experience in the Front and Middle Office for Investment banks managing derivative risks in Fixed Income, Equities, Foreign Exchange and Energy Derivatives.

2 years of prime brokerage experience with one of the largest prime brokers servicing large, midsize and startup hedge funds. Managed the startup and build out of the Global Prime Finance Group with management of 20+ employees.

Successfully developed and managed an equity index proprietary trading group of ten traders and five support staff which formed the Hansa equity index and fixed income derivative trading group. _ Professional Experience

Hansa Capital Management, LLC & Hansa Investment and Trading, LLC – CPO & CTA St Augustine, FL Founding Principal & Portfolio Manager 2011-Present

Principal and portfolio manager for the Hansa Capital Management CPO fund & CTA (QEP) managed accounts. Hansa Capital Management is a registered Commodity Pool Operator and Commodity Trading Advisor with the CFTC

& and a member of the National Futures Association.

The Hansa CPO & CTA trading programs are a Long/Short delta neutral and risk adverse options trading strategy. The objective of the program is to produce steady risk adjusted returns while preserving capital with small & limited drawdowns. The program trades as a discretionary market maker on the listed E-mini S&P options & futures at the CME. The program buys and sells options on a discretionary basis and hedges are executed on a stringent rules based systematic model. Risk and performance metrics for the longest traded Hansa pool as of April, 2016: Sharpe Ratio = 1.35 Compounded Annualized ROR = 8.34% Sortino (0%) = 3.65 Standard Deviation Annualized = 5.61% Calmar Ratio= 1.75 Maximum Program Drawdown = -4.56%

Partner in Hansa Investment & Trading, LLC, a startup proprietary trading group on the Chicago Mercantile Exchange trading Equity Index Options and Futures as discretionary market makers. The primary option trading strategy employed was trading implied volatility skew and spread strategies such as condors, calendars, butterflies, etc. Deutsche Bank Securities Inc, Global Markets Jacksonville, FL Vice President - Global Prime Finance and US Listed Derivatives 2009-2011

Managed the US Listed Derivative group and Co-managed the Global Prime Finance group for the Deutsche Bank’s Securities Global Markets Jacksonville office.

Responsible for the startup and management of the Product Development, Hedge Fund Consulting, Client Reporting, and Onboarding teams for Global Prime Finance.

Managed the strategic direction and design of Global Prime Finance’s Product Development group for coverage and development of the business areas’ Risk, Synthetic Equity and Complex-Risk products.

As one of the five senior members of the Global Markets Executive Operating Committee (EXCO), assisted and supervised the development and expansion of the GMC-Jacksonville office. This included the annual on campus undergraduate and graduate recruiting of new hires for Analyst and Associate positions. Hansa Investment and Trading, LLC & Hansa Trading & Brokerage, LLC Chicago, IL CME Trader – Local – Badge: HIT 1996 - 2009

Former member of the Chicago Mercantile Exchange – IOM & GEM Division. Traded as a market maker and discretionary trader on the S&P 500 Futures and Options on and off the floor of the exchange as a local for over 12 years. Consistently profitable with a proven and successful track record based on a low risk, high frequency, event driven, Long/Short & arbitrage trading strategy. Trading strategies and methodologies were based on fundamental, technical and quantitative analysis.

Lothar Ruehling page two

Started and developed a proprietary trading group of 10 traders to trade the correlation arbitrage on the European Equity Indices such as DAX, FTSE, CAC 40, 10yr Bund & 5 yr Bobl Futures. Hired and trained all 10 traders on the trading system methodology. With additional support staff of 5, employees totaled 15, making markets on US and European equity indexes and fixed income products.

Developed & formed Hansa Trading & Brokerage, LLC, a top step brokerage firm on the top step of the S&P 500 futures pit. Dedicated exclusively to facilitate the arbitrage between the E-mini S&P futures contract with the fungible bigger S&P 500 futures contract. The brokerage firm employed four persons that consisted of a top step floor broker, trade clerk, trade checker and a risk/business manager.

Created a risk management system for risk exposure and trade clearing for the Hansa trading group in Frankfurt and Chicago. Familiar with VaR, Monte Carlo, stress testing models and risk measures; Sharpe, Treynor, Jensen’s alphas risk ratios.

Canadian Imperial Bank of Commerce Financial Products / Wood Gundy New York, NY Associate Director – Financial Products Group 1995-1996

Measured and quantified all market risk exposures for the equity derivative trading desk ( Delta, Gamma, Vega, Theta, Rho ). Responsibilities included the daily monitoring, hedging and reporting of the equity derivative risk exposures to trading and risk management.

Estimated and reported daily theoretical and explanatory profit and loss reports by converting delta and gamma risk into equivalent future contracts. In addition, the daily variations in vega, theta and rho risk parameters were quantified and explained in reports.

Priced and evaluated equity OTC deals on a daily basis (Asian, Lookback, Barrier, Bermudan, etc.). Kidder Peabody Global Capital Corporation New York, NY Senior Derivatives Analyst – Derivative Products Group 1994-1995

Analyzed and evaluated structured products and supported the Interest Rate and Equity Structured Products Group by stripping and unbundling embedded securities from exotic derivative deals.

Analyzed risk exposure for interest rate, equity and commodity derivative trades entered into by proprietary trading desks. Relevant instruments included Interest Rate Swaps, Index Amortizing Swaps, CMO Swaps, Cross-currency Swaps, Equity Index Swaps, CMT Swaps, Caps, Floors, and Collars

Responsible for the conversion and implementation of the Renaissance software system for the pricing, system control and risk management of Kidder’s fixed income derivatives. Commerzbank AG Frankfurt, Germany

Financial Engineering Group – Structured Products Desk 1993-1994

Structured and developed innovative risk management products with financial derivatives instruments for German corporate and institutional clients. Financial instruments employed for risk management were Swaps (Interest rate, Cross currency, Amortizing, Step-up), OTC options (Swaptions, Caps, Floors, Collars), and Futures (Eurodollar, Euromark, Bund, Bobl), and Forwards (FRA’s, FX)

Education

Boston College – The Carroll Graduate School of Management Chestnut Hill, MA

MSF – Finance, GPA 3.73/4.00

Boston College – The Carroll School of Management Chestnut Hill, MA

BS – Finance, GPA 3.82/4.00

Additional Information

Languages Spoken: English and German. US and EU Citizenship. Licenses and Certifications: Series 3, 7 and 63



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