At the last RAC Departmental meeting concern was expressed that the vacant positions within RAC were not being filled as quickly as hoped. I would therefore like to keep you all updated as to where we stand with new joiners. Recent new recruits include: Rudi Zipter (Director - MRM) who has transferred from Houston, Shane Miller (Senior Specialist - MRM) and Ravi Tumuluri (Associate - U/W) and I would like to welcome them all to RAC. Looking forward we have several new people coming on board in the next few months and I have outlined their provisional start dates below: Credit John Collenette (Snr Director) - 5 November Mike Mumford (Director) - 3 September Blair Van Zant (Director) - 1 October Tracy Ngo (Director) - September Simon Hockenhull (Snr Specialist) - 2 September Adam Bauer (Specialist) - 27 August (Sydney office initially) Shane Forster (Sr.Specialist) - 24 September Market Risk Michel Gantois (Director) - December/January Erik Beekman (Specialist) - 17 September Underwriting Christian Pearce (Associate) - 10 September I realize that, in addition to increasing our capacity, new starters also require a fair amount of indoctrination/training. Many members of our team as well as RAC-Houston and much of EEL have put a large amount of time and effort in the selection of these people, all with the consideration of adding people that will fit in and provide some level of unique experience/insight. We believe that these new starters will provide an excellent complement to our existing skill sets. Please do your best to welcome these new people, take advantage of their capabilities as well as give them the benefit of your knowledge and experience. Hopefully these additions will allow us to effect an intellectual capital transfer that benefits us all and makes this a better place to work in all respects. Please let me know if you have any questions or concerns. Ted
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answer: New Starters
Mike, The change in the curves only shows a .60 increase today. The curves were down anywhere from .60 to 1.65 previous which was supposed to be up .25. Cin was up @ .15 today. That would mean that ENT should be up at least the amount it was down the previous day plus any increase marked today. Can you look into this for me. This is causing a $2MM hit in the books down here. Thanks.
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answer: CURVES
FYI - John's only issue was "inhouse" vs "outside" counsel legal opinion. And he apologized profusely. No harm done. Sounds like you did a good job. Have a great weekend. Sara
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answer: What a day!
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Online Compliance Training