About a-team Marketing Services
The leading knowledge platform for the financial technology industry
The leading knowledge platform for the financial technology industry

A-Team Insight Blogs

DTCC Names Reena Walia Managing Director of Equities Risk Management

Subscribe to our newsletter

The Depository Trust & Clearing Corporation (DTCC) announced today that Reena Walia has been appointed managing director of Equities Risk Management in its Enterprise Risk Management (ERM) Group.

In her new position, Walia will lead a team charged with assessing risk management across its National Securities Clearing Corporation (NSCC), Depository Trust Company (DTC) and EuroCCP subsidiaries and will provide oversight of current and potential risks that impact the company. She will be responsible for designing and managing the extensive technology initiatives that support risk management in those areas.

Walia will also be responsible for ensuring all of ERM’s equities-related policies and processes are aligned with the organization’s overall mission of mitigating risk and providing certainty, stability and reliability for the global financial markets. In addition, Walia will be charged with designing and implementing new risk systems and developing and implementing best practices in risk management. Walia will report to Douglas George, DTCC managing director and chief risk officer.

“The financial crisis has underscored the critical importance of having the best talent and robust risk management practices in place to protect the industry,” George said. “Risk management is a core function of DTCC, and Reena’s proven track record in leading these types of initiatives for a variety of financial products, services and markets will help DTCC as we transform how we manage risk in the organization. We are delighted to have someone of Reena’s talent and experience join DTCC to provide her leadership and extensive knowledge on this key issue.”

Walia is joining DTCC from Citigroup, where she was head of Americas Investment Products Risk, responsible for managing risk for over US$125 billion in assets under management. Prior to that, Walia held several positions with increasing responsibility at Credit Suisse, serving most recently as global head of Structured Products for Credit Risk, where she was responsible for a global risk book of over US$30 billion of complex products. Walia began her career at Dresdner Kleinwort Benson in Australia as a credit manager specializing in commodities, project financing and infrastructure financing.

Walia has deep expertise in risk management having successfully navigated some of the financial industry’s most complex and innovative transactions. Her risk management leadership extends to the development of risk policies and procedures; development of rating and stress testing methodologies; and strong decision making skills. Her risk career spans on both the buy-side and sell-side, with extensive experience to major asset classes globally.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: MiFID II: Is the market truly ready? Will compliance be achieved?

Don’t miss this opportunity to view the recording of this recently held webinar. This market facing webinar aims to share insight and best practices so you can be more successful in Markets in Financial Instruments Directive II (MiFID II) compliance. To support this, the webinar will provide access to the latest results of a global...

BLOG

CDO Pioneer Peter Serenita Retires from Scotiabank After Distinguished Career in Capital Markets

Peter Serenita, a pioneer of the CDO role and a popular speaker at A-Team Group’s  Data Management Insight Summits, has retired after a distinguished career spanning more than 20 years in capital markets data management. In a LinkedIn post early this week, Serenita wrote: “Well, the time has come. I have officially retired. I have...

EVENT

TradingTech Summit Virtual (Redirected)

TradingTech Summit (TTS) Virtual will look at how trading technology operations can capitalise on recent disruption and leverage technology to find efficiencies in the new normal environment. The crisis has highlighted that the future is digital and cloud based, and the ability to innovate faster and at scale has become critical. As we move into recovery and ‘business as usual’, what changes and technology innovations should the industry adopt to simplify operations and to support speed, agility and flexibility in trading operations.

GUIDE

RegTech Suppliers Guide 2019

Welcome to our brand new RegTech Suppliers Guide. This unique guide provides detailed data profiles on close to 100 suppliers in the RegTech world, offering you an unrivalled selection of solutions for your most pressing financial regulatory challenges. The aim of the A-Team’s RegTech Suppliers Guide is to steer you through this complex marketplace, offering...