Derek Williams
About Derek Williams
Derek Williams is a Financial Engineer with extensive experience in risk analysis and financial services. He currently works at LCH as an Equity & Bond Risk Analyst and has held various roles in the finance sector since 2014.
Work at LCH
Derek Williams has been employed at LCH as an Equity & Bond Risk Analyst since 2018. In this role, he manages the Service Level Collateral Requirement (SLCR) for all LCH Members, providing guidance on alternative collateral options when members breach requirements. He coordinates incident management for system failures in Equityclear and Repoclear, ensuring a prompt return to normal operations. Additionally, he performs user testing for system upgrades and is responsible for managing new securities listings in the ACU, which includes equities, bonds, ETFs, and corporate actions, while conducting risk analysis based on LCH's internal framework.
Work at First Derivatives
Since 2017, Derek Williams has worked as a Financial Engineer at First Derivatives. His role involves applying financial engineering principles to develop solutions that address complex financial challenges. His experience in this position complements his analytical skills and knowledge of financial markets, allowing him to contribute effectively to projects and initiatives within the company.
Previous Experience
Derek Williams has a diverse background in finance and auditing. He served as a Financial Services Audit Intern at KPMG Ireland from 2015 to 2016 for eight months. He also worked as an Anti-Money Laundering Specialist at State Street from 2017 to 2018 for eight months. Earlier in his career, he was a Brand Ambassador at ModernGreen from 2014 to 2015 and completed a Commercial Sales Internship at EurobananCanarias SA in 2014 for three months. This varied experience has equipped him with a broad understanding of financial operations and compliance.
Education and Expertise
Derek Williams earned a Bachelor of Commerce (BCom) degree from University College Dublin, where he studied Business and Commerce from 2013 to 2017. Prior to that, he completed his Leaving Certificate at Dundalk Grammar School from 2007 to 2013, achieving 500 points. His educational background provides a solid foundation in financial principles and business practices, which he applies in his current roles.
Key Contributions
Derek Williams coordinated and implemented a significant change in the pricing methodology for 700 equities, transitioning from FX conversion to independent pricing. This involved extensive analysis and testing to ensure the effectiveness of the new methodology. His contributions in risk analysis and system management have played a critical role in enhancing operational efficiency and compliance within the organizations he has worked for.