Andrew W. Cook

** ******* ***** • Chatham, NJ *7928

Cell: 704-***-**** • Email: ad4r1k@r.postjobfree.com

PROFESSIONAL EXPERIENCE

**** - **** ******* ****** ****

Senior Managing Director, Head of Trading

Manage team of 5 traders focused on FX trading

Primary responsibility for building USD Rates Trading business

Extensive work with MRM as business transitions to Market Risk Rule

Member of Senior Leadership Team

Provider of market analysis at senior markets meetings

2021 – 2022 DerivativePath

Director

Work with team on introduction of new products to the DerivativePath/Edge platform

Provide subject matter expertise to clients on trading and risk management

Work with coding/programming team on various product updates

Advise on different procedures for approaches within the derivatives trading space

2020 - 2021 Societe Generale

US Head of Market Risk

Manage a team of 6 market risk managers

Responsible for all aspects of market risk across Rates, Equity, Credit, Commodity and Financing operations for linear and non-linear products, as well as structured products.

Responsible for regulatory initiatives/engagements with Fed/ECB covering approach to risk management, SOFR/Libor transition, FRTB preparation

US Market risk representative on various regional and global committees

Direct responsibility for deconstructing complex equity and credit derivatives trades into component pieces, to ensure proper risk quantification and trade understanding

Responsible for risk appetite implementation including setting appropriate limit structure

Serve as US representative for new product approvals, including appropriate modelling of resultant risks

2019-2020 DRW Holdings

Global Director of Risk/CRO

Manage a team of 14 risk managers/developers as the global head of the risk management function.

Responsible for the cross market risk framework, including Rates, Equity, Currency, Commodity and Crypto Currency linear and non-linear traded products businesses.

Established factor based P&L attribution framework.

Extensive work on FRTB

Initiated enhanced stress testing framework and exposure reporting, creating value add feedback loop with trading desks.

Revised drawdown methodology within an automated framework, aggregating under broader management nodes, with increased market based flexibility.

Partnered with Rates trading desks/quant development team to establish firm wide modeling/risk representation standards, provide missing historical data and develop intraday risk/pnl platform.

Launched an initiative to upgrade the firm’s risk/data management procedures, moving away from a batch file/spreadsheet based approach.

Worked with technology teams to establish centralized market and reference data functions.

Launched a risk factor review process to discover/correct risk not properly captured.

2009-2019 Deutsche Bank, New York, NY

2015-2019 Global Head of Rates Market Risk Management

2012-2015 Global Co-Head of Rates and Credit Market Risk Management

As part of Market Risk ExCo, set agenda for global market risk approach/framework.

Extensive work on FRTB preparation

Responsible for Treasury IRRBB

Enhanced relationship with Rates trading desks, including cash/primary dealer, linear and non-linear derivative trading desks and municipal trading desks through the use of stress testing methodologies designed to highlight potential market/liquidity stress points under consistent modeling approach.

Serve on multiple management committees as Market Risk representative driving broader bank objectives, as well as specific trading committees defining risk strategies and tolerance.

Worked closely with Rates trading desks to manage all regulatory relationships, including loss explanations and interpretation/implementation of current/future regulatory frameworks and the resultant effects on trading strategies.

Responsible for collaborating with Rates trading and implementing full revaluation stress testing as a means of more properly reflecting the exposures inherent in non-linear risk positions.

Provided advisory support for Rates desk transitions from New York to London as Deutsche Bank’s business model changed.

2009-2012 North American Head of Rates/Funding/FX Market Risk Management

Daily analysis of risk including communication with senior management with respect to market dynamics, liquidity, idiosyncratic, concentration and tail risks and other factors affecting risk position appropriateness.

Set and monitor risk limits associated with VaR/SVaR, economic capital and stress testing while examining risk management infrastructure for gaps or weaknesses in coverage, measurement and/or methodology.

Act as internal subject matter expert for associated business functions including Independent Price Verification and Finance and external point of contact for regulatory interactions (Fed, BaFin, Bundesbank, OSFI).

Responsible for new product approval and development of risk reporting and methodologies for trading management.

Determine appropriate stress testing infrastructure for model driven risk including indentifying key risk factors and adequate severity levels.

1997-2007 Wachovia Bank NA, Charlotte, NC

Director, Head Trader/USD Long Dated Options (2001-2007)

Manage team of three traders responsible for trading European and Bermudan long and short dated (gamma) options and related hedging instruments (Treasuries, Agencies, swaps, exchange traded futures and options), along with providing consistent pricing, liquidity and market information to a wide array of internal and external customers including corporate, institutional and hedge fund clients.

Manage a $75MM revenue business, with a 55%/45% flow/proprietary revenue breakdown, achieving consistent profitability.

Market maker for all standard USD volatility products including: All European Swaption and Cap/Floor structures, CMS swaps/options, Arrears swaps/options, knock out options, and all Bermudan Option structures.

Primary source of market information to marketing teams, including daily real time economic/policy/market analysis. In addition, provided marketing teams with actionable trade ideas with short and medium term time horizons utilizing both linear and non-linear rate products.

Manage relationship between Derivatives Trading Desk and IT, Risk Management and Financial Engineering groups. Coordinated the four internal groups to achieve development/evolution/implementation of modeling and pricing/risk management systems, including SABR, single factor Hull White, and multi factor BGM/LMM option models.

Regular client interaction within marketing platform as product/market expert.

Director, Head Trader/USD Swaps (1997-2001)

Manage a $100MM revenue business, with an 65%/35% flow/proprietary revenue breakdown, achieving consistent profitability

Market maker for all standard USD libor swap products including all USD basis structures, averaging structures, internal proprietary swap product and T-locks.

Primary source of market information to marketing teams, including daily real time economic/policy/market analysis and trade strategies.

Extensive involvement in transition from Unix based trading platform to PC based platform, including implementation of Calypso trading system and DataSynapse’s distributed/grid computing architecture.

Oversight of re-engineering of Bermudan option infrastructure, including modeling, trading and risk management.

Initiated movement beyond tradition middle market customer base, to include large corporate/institutional/hedge fund clients as appropriate.

1994-1997TMG Financial Products, Greenwich, CT

Head Trader

Managed all U.S. Dollar derivatives trading, including all swap, option, and municipal derivatives structures.

Emphasized team approach to building business as a start-up venture, including infrastructure and modeling/risk management initiatives.

EDUCATION

University of Chicago, Chicago, IL

MBA with concentrations in Finance and Statistics

Boston University, Boston, MA

BS in Business Administration, with Economics minor.

Captain Boston University lacrosse, 1985 and 1986.

BOARD SELECTIONS

Board of Directors, 20/20 Vision Institute, 2004 –

Advisory Board, Boston University Men’s Lacrosse, 2014 –

FINRA LICENSES

SIE – Securities Industry Essentials

Series 99 – Operations Professional

OUTSIDE ACTIVITIES

Coach – Leading Edge Lacrosse, 2009 – 2016

Competitive triathlete

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