Jasper Livingsmith

Jasper Livingsmith

formerly EBRD

  • Highly experienced financial markets practitioner, managed a $100bn balance sheet business from trading and positioning, through technology stack, legal frameworks, and hedge accounting. 9-figure P&L track record.
  • Views markets as iterated repeated games, which therefore creates positive sum dynamics. 
    Extensive hands-on experience in counterparty credit risk and valuation adjustment methodologies, including CVA and FVA.
  • Experience managing trading desks, and working hand-in-glove with quantitative teams and risk functions to embed XVA into pricing, risk management and portfolio optimisation.
    Deep practical understanding of OTC & ETD derivatives across rates & FX.
  • Significant experience with model development, validation, governance and regulatory engagement.
  • Proven ability to translate complex quantitative concepts into robust, implementable frameworks within large banking environments.
    Well regarded for rigorous analysis, sound judgement and pragmatic delivery in high-stakes risk settings.
  • Initialised & led (re)negotiations of CSAs, brokerage / give-ups, terms of business, through to pricing and vendor agreements.
    Actively engaged in policy fora especially concerning the positive evolution of market structure with a particular focus on end-users: ECB FXCG, RFR transition working groups at the BoE & Fed / ARRC, ISDA, ICMA / AMIC, AFME, etc.