Summary
Work History
Education
Languages
Interests
Timeline
Generic

Andrew Toumazis

Head Of Credit Trading

Summary

Investment Banking executive, specialist in Credit Trading of Emerging Markets, Leveraged Loans, Structured Credit and Commodities with an excellent track record in Proprietary Trading and setting profitable businesses from scratch. Broad international contact base. Available to relocate.

Work History

Head of Trading

Industrias Oleaginosas SA
8 2024 - Current
  • Responsible for the pricing, trading and hedging of all soy export products, value of $2050m+
  • Established IOL's Trading desk from scratch, now contributing to more than 30% of the company's profit net income
  • Implemented financial forwards, options and structured products as a hedging and trading tool
  • Delta managing synthetic exposure with actual physical inventory.

Principal

Microlending
- 08.2024
  • Collateralized lending to retail clients in Bolivia
  • Built the business from zero
  • Built a loan portfolio in excess of $3.5m (ranging loans from $5k to $350k)
  • Arranged funding from international investors at rates around 6%
  • Highly profitable business with collateralized lending at rates above 240% p.a
  • In charge of final credit allocation, restructuring of non-performing loans and managing portfolio FX, interest rate and duration risks.

Head of Credit Solutions

Deutsche Bank
05.2024 - 03.2018
  • Solely responsible for the establishment and successful running of the Emerging Markets Secondary Loan Trading Teamdesk, managing proprietary credit risk in loan and CDS form in excess of $2.5bn and CDS hedging DB's entire Trade Finance Portfolio €35 bln+
  • Head of Desk with full responsibility for proprietary trading Emerging Markets Loans (performing, stressed, distressed), hedging exposure via CDS and coordinating the sell-down process of risk via a global distribution team (Asia, London, Frankfurt, New York, London, Dubai, Frankfurt, Singapore)
  • Capitalizing on credit market dislocations, predominantly between cash (loans) and synthetic markets (CDS)
  • In charge of CDS hedging the entire Deutsche Bank Trade Finance exposure in excess of €35 bn
  • Accountable for managing interest rate, credit and FX risk of trade finance and loan exposures
  • Responsible for underwriting, managing and de-risking all of DB's EM Trade Finance originated deals
  • Set up the desk from scratch, highly profitable track record.

Credit Trader

Mizuho International plc
05.2024 - 01.2024
  • Proprietary Main Loan and CDS Trader for the Correlation Trading team of the Structuring Group with responsibility for delta managing and correlation hedging a book size of $1bn
  • Monitored, traded and hedged (via credit derivatives) the risk of the leveraged loans ramped up in warehouses
  • Delta managed the CDS exposure (over 500 companies) of the synthetic bespoke CDO tranches issued by the Structuring Group
  • Hedged the correlation risk of the synthetic CDOs via the use of index and bespoke tranches
  • Identified trading opportunities across Credit Derivatives Indices, single name loans and CDS.

Associate Director

Lloyds TSB Debt Capital Markets
- 04.2024
  • Integral part of a team of 5 which by year end 2006 had £500m of assets under management spread across a proprietary trading book and CLO Warehouses
  • Formulated buy/sell recommendations on European leveraged loans across the whole capital structure
  • Priced debt through the thorough consideration of credit fundamentals as well as market technicals
  • Identified profitable buying and selling opportunities from and to the market through the development and maintenance of key relationships with other trading desks and institutional investors
  • Monitored the risk and monthly performance of a portfolio of loans across Trading Book and Warehouses.

Graduate

Lloyds TSB Financial Markets
  • Economist Financial markets analyst - Emerging Markets focus - key member of a team of 4 economists headed by Trevor Williams (Chief Economist and regular Bloomberg guest)
  • Rotation across different front-office desks: DCM, economic research and trading
  • Contributed to economic publications with analysis of specific industries, currency movements, interest rate trends, country risk and other economic variables of interest to financial markets participants.

Education

BSc Financial Economics -

University of London, Birkbeck College

Business and Finance Diploma - undefined

Kingsway College

Languages

English
Proficient
C2
Spanish
Proficient
C2

Interests

Performance nutrition

Training

Real Estate

Travel

Timeline

Head of Credit Solutions

Deutsche Bank
05.2024 - 03.2018

Credit Trader

Mizuho International plc
05.2024 - 01.2024

Head of Trading

Industrias Oleaginosas SA
8 2024 - Current

Principal

Microlending
- 08.2024

Associate Director

Lloyds TSB Debt Capital Markets
- 04.2024

Graduate

Lloyds TSB Financial Markets

BSc Financial Economics -

University of London, Birkbeck College

Business and Finance Diploma - undefined

Kingsway College

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Andrew ToumazisHead Of Credit Trading