Hannan - Chef de projet IFRS

Since Jan. 2013 French Development Agency (AFD) – Paris, France
Deputy head of the funding, markets and treasury division (reporting to CFO - team of 10)
- Leading and managing the debt capital markets team to ensure execution of the debt funding program (EUR 6 billion per year) including proposing strategy, issuance through benchmarks and private placements, FRN or fixed, EUR, USD and other currencies or format (e.g. Climate bond in 2014), marketing to investors and road shows
- Managing support to investment officers in structuring and pricing loans including advising on market capacity, non deliverables, embedded options pricing (e.g. caps and American swaptions), rate setting, structured finance
- Managing the foreign exchange and interest rate risk at Group level
- Estimating cash flow forecasts at the Group level and managing the investment strategy on bonds, cash equivalents and other securities while optimising the bank Liquidity Coverage Ratio (LCR) under Basel rules
- Managing the fluidity of payments and collections
- Managing legal documentation negotiation (ISDA, CSA, EMTN program)
- Actively participating in Treasury committee, Risk Committee, New Product Committee, Audit Committee and ALCO
- Modelling and calculating counterparty credit risk (CCR) measures including CVA/DVA and FVA through IMM
- Managing the Middle-Office team in performing hedge effectiveness testing and explaining monthly treasury P&L
- Support to CFO on all treasury, ALM and related regulations issues at Group level including handling various projects:
 Fully in charge of ECB AQR streams related to markets, funding, securities and derivatives (CVA challenger models, stress tests, private equity and level 3 fair value…)
 Assisting in defining transfer pricing methodologies and flexibility of offers and pricings for investment officers
 Implementing compliance with EMIR at Group level (clearing of IRS at CCP, reshaping back-office activities…)
 Implementing a new pricing, hedge effectiveness, and CCR tool “Quantifi” (link to Quantifi interview)
 Developing several pricers incl. cap and american swaption, Xccy swaps (incl. basis risk and OIS discounting)
 Implementing a Middle-Office (4 people) dedicated to controls on markets activities and collateral management
- Handling recruitment for Front-Middle-Back-Accounting related to market activities

2008-2012 (4 years ½) KPMG, Treasury and Capital Markets Practice – Paris, France
Manager audit and advisory on financial instrument issues
- Auditing and advising banks and corporate treasuries on instruments’ eligibility to hedge accounting
- Assisting clients in structured operations e.g. perpetual bond issue, factoring, derecognition of financial assets, embedded derivatives, review of internal control processes, compliance with regulatory requirements
- Producing or reviewing retrospective and prospective tests of effectiveness and sensitivity tests under IFRS 7
- Assisting in due diligence on M&A projects especially on the commodity trading sector and emerging markets
- Advisory projects include handling SocGen’s project of starting physical gas, power and CO2 trading activity (organisation, risks, controls, trading and accounting)
- Animating training sessions related to IAS 39, IFRS 9, commodities risk mitigation techniques

2008 (9 months) Credit Agricole CIB, FICC – Geneva, Switzerland
Junior Sales in FX derivatives and Structured Products to Switzerland based corporate and financial Institutions
- Structuring, pricing and executing the selling of asset and liability FX structured products and derivatives
- Negotiating and executing delta and volatility hedges
- Analysing the whole set of market information and internal axes to show competitive ideas

2007 (6 months) BNP Paribas, FICC – Manama, Bahrain (post-graduation program)
Sales & structuring graduate scheme in FX & interest rate hedging solutions to MENA Large Corporate
- Structuring, pricing and selling interest rate and FX derivatives hedging solutions
- Preparing client presentations and pitches, back-testing, forward scenario testing
- Participating in cross-selling activities along with the Commodity Project Finance teams
- Drafting of a weekly interest rate structured product letter on new ideas and explanations to local sales

2006 Societe Generale Corporate and Investment Banking, FICC – Paris, France
(6 months) Sales internship in interest rates derivatives and structured products to French corporate for hedging purposes
- Assisting in structuring, pricing and marketing hedging interest rate derivatives
- Finding selling arguments, drafting proposals, back-testing and assisting in day to day coverage of clients