Craig Mc Ilwaine
About Craig Mc Ilwaine
Craig Mc Ilwaine is a Financial Engineer with extensive experience in regulatory compliance and risk management. He has worked at Citi and First Derivatives, and has passed Level I and II of the CFA Program.
Work at FD Technologies
Craig Mc Ilwaine has been employed at First Derivatives as a Financial Engineer since 2011, accumulating over 13 years of experience in this role. His responsibilities include designing and implementing risk aggregation and regulatory reporting tools. He also develops internal trade monitoring controls and client compliance dashboards, which are essential for maintaining regulatory standards.
Current Role at Citi
Since 2014, Craig has worked at Citi as a Regulatory Specialist in the Greater New York City Area. In this position, he reviews rule texts and collaborates with legal teams to assess the regulatory impact on the client base. He has consulted on significant regulatory initiatives, including the Volcker Rule and MiFID II, contributing to compliance and risk management strategies.
Education and Expertise
Craig Mc Ilwaine studied Applied Mathematics at The University of Glasgow, where he earned a Bachelor of Science (BSc) degree from 2007 to 2011. He has pursued professional development through the CFA Program, passing Level I in 2017 and Level II in 2019. His educational background and ongoing studies enhance his expertise in financial engineering and regulatory compliance.
Previous Experience
Before his current roles, Craig worked as a Business Analyst at the Royal Bank of Scotland from 2013 to 2014 for eight months in London. He also served as a Business Analyst at Citi from 2012 to 2013 for one year in Long Island City, New York. These positions provided him with foundational experience in financial analysis and regulatory frameworks.
Regulatory Initiatives and Tools Development
In his roles, Craig has been involved in the design and implementation of various tools and strategies to enhance regulatory compliance. He has leveraged trade, client, and legal data points to evaluate potential regulatory impacts across business sectors. Additionally, he devised key performance indicators (KPIs) for business heads to monitor project progression and conducted sessions on effective remediation strategies.