Led the development of a comprehensive framework for validating trading algorithms and models, ensuring compliance with MiFID II and PRA SS 5/18 regulations.

Objective: To ensure the robustness, compliance, and effectiveness of algorithmic trading models and strategies.

Approach: Led the development of a comprehensive framework for validating trading algorithms and models, ensuring compliance with MiFID II and PRA SS 5/18 regulations. This included rigorous stress testing, scenario analysis, and model validation protocols. Evaluated the risks associated with each model, implemented control mechanisms, and provided assurance for algorithmic trading activities. Collaborated with regulatory bodies and internal stakeholders to ensure the framework met all necessary standards and requirements.

Outcome: Enhanced the reliability and performance of trading algorithms, ensuring they met regulatory standards and internal benchmarks. This framework was essential for maintaining the integrity of trading operations and reducing algo and model-related risks. The successful implementation of the validation framework significantly improved the firm's compliance and risk management capabilities, supporting long-term strategic objectives.