Julien Mareschal joins BCS Prime Brokerage as Chief Risk Officer in London

Rick Steves

The industry veteran has more than 20 years’ experience in financial risk management and spent 14 years of his career at BNP Paribas.

BCS Prime Brokerage, the UK FCA-regulated arm of Russian independent broker BCS Global Markets, has appointed Julien Mareschal as Chief Risk Officer.

Julien Mareschal’s job is to oversee risk management across multiple business lines and across BCS GM’s entire suite of investment banking solutions.

To better handle that task, he will further develop and lead a robust and comprehensive risk management framework for the firm’s operations.  He will report to Maxim Safonov, co-CEO at BCS Global Markets, and Marina Atavadzhieva, Global Head of Risk, BCS GM.

Maksim Safonov, co-CEO at BCS Global Markets, said: “Risk management is fundamental to BCS GM’s culture of accountability and transparency, and we are pleased to welcome someone of Julien’s proven ability and experience to our growing international business.

“We believe that Julien’s expertise and track record in building and overseeing world-class risk management systems and infrastructure, coupled with his extensive knowledge of our industry, will be a vital cog in helping to take BCS GM to the next level in our growth trajectory.”

The industry veteran has more than 20 years’ experience in financial risk management, including five years at Mediobanca, where he was Head of Risk Management in London.

There, he was responsible for the risk management of the firm’s London capital market activities and alternative asset management, where he developed and implemented the Group’s risk frameworks and policies, including structured transactions, securitizations, arbitrage derivatives pricing of illiquid instruments, and collateral policy.

Prior to that, he spent four years as Senior Risk Manager in the Transaction and Securitisation team at BNP Paribas in London. Other roles include Head of Structured Credit Trading at Heritage Capital UK and Head of ABS Trading at Commerzbank AG (London).

His time at BNP Paribas is divided between 1999-2007 and 2011-2015. His first period at the French bank lasted for nearly ten years and included roles such as DCM origination, ABS syndication and primary trading, and Head of Trading ABS/MBS/CLO trading.

Julien Mareschal joins BCS Prime Brokerage, a subsidiary of a very large indendepent investment bank and brokerage in Russia which maintains a dominant trading position on the Moscow Exchange, with more than 25% of the market share in Equities, Derivatives and FX.

BCS Group has approximately $4,25 billion of Total Assets and $500 million of Total shareholders’ equity. S&P Global Ratings assigned “B+” long-term issuer credit ratings to BrokerCreditService (Cyprus) Limited, BCS Prime Brokerage Limited with a positive outlook.

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