JP Morgan has appointed a CCP Risk Management Expert as the new Head of Credit Risk and Strategy for CCP EMEA.
Vijay Kasilingam will assume the role, from HSBC where he most recently handled trading facilities and CCP management as part of HSBC Securities Markets Services.
Prior to HSBC, Kasilingam spent nearly a decade at Deutsche Bank, originally as a project manager for liquidity risk and later in credit risk management for clearing houses and exchanges.
Prior to that, Kasilingam was a credit analyst at Pershing, a BNY Mellon company.
Kasilingam brings a wide range of expertise to JP Morgan, having gained experience in global regulatory engagement, onsite CCP due diligence assessment and product development.
Kasilingam officially joined JP Morgan on October 18 and will now lead the credit risk management and CCP strategy team of its independent risk management function for the EMEA region.
This will include overseeing a team responsible for the credit risk portfolio of the CCP as well as leading the risk defense of the CCP in partnership with the activities of JP Morgan.
âAfter four years with incredible opportunities, I left HSBC to start a new chapter. My sincere gratitude to Lucy Hammond for her support and mentorship, âKasilingam said in a LinkedIn post announcing her appointment.
âI am delighted to announce my new start as Head of Credit Risk and Strategy for CCP EMEA at JP Morgan. “
The news of Kasilingam’s appointment follows that of Jimmi Shah, who was promoted to managing director of the JP Morgan Neovest branch earlier this month.
Shah was promoted to this role after joining Neovest two years ago to create and execute its business, customer and product strategy.