Date: May 23, 2018
Time: 12:15 p.m. - 2:00 p.m.
Location: Travers Smith LLP
10 Snow Hill
London, EX1A 2AL
The management of counterparty credit risk has advanced significantly in the past 15 years with firms now actively hedging their credit (CVA), funding (FVA) and balance sheet costs. The XVA desk is now a ‘must have’ for dealers. This talk will explain, in plain English, each of these concepts and why they are essential to modern day finance. We close by offering some insights into how to risk manage the XVA desk itself.
Robert McWilliam, Global Head of CVA Desk and Collateral, ING Bank NV
Robert McWilliam is Managing Director, Global Head of CVA and Collateral within Wholesale Banking at ING Bank NV. He joined ING in 2010 to set up a CVA Trading desk which has extended to include funding (FVA), liquidity (LCR), capital and credit risk measurement (PFE). He is also responsible for the collateral optimisation, initial margin (SIMM) and clearing activities. From 1997 to 2010, Mr McWilliam held various positions at ABN Amro, latterly as Global Head, Counterparty Exposure Management. Mr McWilliam is a PRMIA Global Board member and former Regional Director of PRMIA London Chapter.
This event is FREE for members and non-members, although registration is required. Click "Register Myself" below to reserve your spot. Make sure to click "Continue" to finalize your registration. (If this is your first time accessing the PRMIA website you will need to create a short user profile to register.)