VIDEO: Ania, Krakow Operations: Life at Chatham

Ania Uruszczak of Chatham Financial explains how she became a Chathamite. A full transcription of the video is available below.

 

Video Transcript:
Ania Uruszczak: My name is Ania. I’ve been working at Chatham for 3.5 years.

I’ve always loved humanities and languages, I actually studied Japanese language and then, after graduation, I worked at a company that offered outsourcing services and then I simply needed a switch in my career and a new job and I was browsing job offers on the internet, so I recall Chatham’s offer just caught my eye. One of the reasons was because they didn’t require any previous experience in finance and I wanted to enter something new so it was a good learning opportunity.

I’m a kind of person who really enjoys working with text and databases and my daily duties require working with this kind of stuff. We focus on quite different functions which range from control, compliance, regulatory advisory to operations and support of some internal processes. I’m the part of the team which does the operations-related stuff, which means there are certain functions which can be taken over from other teams – centralized globally, and quite a lot of them are related to regulatory obligations that Chatham’s clients are expected to meet. So my team does stuff like reporting trades, reconciling portfolios between a bank and a client, managing collateral, reviewing confirmations and so on, so a little bit of this, a little bit of that and the same goes for my daily duties.

I really enjoy the fact that if I have a question I can go almost to anybody and I know they will be approachable and eager to help – and it’s mutual: I also like the fact that I can help them.

What distinguishes Chatham from other employers in the market are our values. I don’t mean that our values are something that only Chatham would come up with but I mean that in many companies, values are something that is just laid out in an employee handbook – and forgotten. And here we are constantly reminded and encouraged to live them.

I’m Ania and I’m a Chathamite.

VIDEO: Jarek, Krakow Tech: Life at Chatham

Jarek Stachowiak of Chatham Financial explains how he became a Chathamite. A full transcription of the video is available below.

 



Video Transcript:
Jarek Stachowiak: My name is Jarek, I have been working at Chatham Financial for 4.5 years right now.

I am working as a technical lead. My team essentially does a lot of things behind the scenes – we don’t have our client-facing customers, but we do serve a lot of teams that work within the company.

The challenging part about being a member of the models team is that you actually – when you build your code, you work with a variety of different asset classes that the business deals with directly. This could be interest rates, foreign exchange, commodities and sometimes so exotic things: derivatives for energy or even weather.

Prior to Chatham I was working at a bank, for 1,5 years. The interesting part about that and transitioning to a company like Chatham is the fact that I had a great comparison between a big corporation versus a smaller company that has essentially a 100+ technical team.

The company itself values more individuals, interactions, beyond straight formal processes. I think this is really cool, because rules don’t really build great products – I think there are people that actually come together that build awesome stuff.

Every single one of the persons that I had an interaction with feels like a great specialist, whether it’s a quant person, whether it’s someone who’s working in HR or maybe doing business directly with clients – those people are really true professionals that care about their daily work.

We really deeply believe that through our actions we can restore transparency and trust into the capital markets.

I’m Jarek and I’m a Chathamite.

Strong Jobs Reports Weighs on Rates—Rates rose over the course of the week, led by a strong jobs report. According to recent data provided by the Labor Department, American businesses added 313,000 jobs in February while the jobless rate remained unchanged at 4.1%.
Mr. Powell Takes Center Stage—It was an interesting week for market watchers as Mr. Powell made his first remarks to Congress in his position as Chairman of the Fed. While Mr. Powell was widely expected to maintain the status quo and carry forward the policy stance of the prior Chair, he made headlines by placing his own perspective on the state of the economy and monetary policy.
Hedge Account Changes Webinar Chatham Financial

 

Hedge Accounting Changes: What, Where, When and How

March 15, 2018 | 2PM EDT / 11AM PDT | 1 hour | Online | by Chatham Financial

Please join us for an in depth review of the new hedge accounting standard (ASU No. 2017-12) and better understand the effects it could have on your hedging program. During our session we will walk through what has changed, where you will see the impacts, when you can adopt, and how that process can be best accomplished.

 

 
 
 
 
 
 

In this webinar, we will cover the following learning objectives:
– Understand changes to the hedge accounting standard
– Uncover potential new opportunities and strategies available as a result of the changes
– Familiarize yourself with the steps necessary for adoption

 

Speakers:
Aaron Jacob Chatham FinancialAaron Jacob, CPA is a manager on the Accounting Advisory team providing solutions for FX, interest rate, and commodity risk management to corporate clients. Prior to joining Chatham, Aaron worked at the Financial Accounting Standards Board where he focused on a variety of issues including derivatives, foreign currency, and business combinations. Aaron has also worked as a consultant with Connor Group, providing IPO and technical accounting services. Aaron graduated summa cum laude from Brigham Young University with a BS and MS in Accounting and is a CPA in the state of Colorado. Aaron is also currently enrolled as an MBA student at The Wharton School at the University of Pennsylvania.

 

Brian Jones Chatham FinancialBrian Jones is a member of the Accounting Advisory team working with corporate clients. Prior to joining Chatham, Brian worked in PwC’s Assurance practice where he focused on Private Equity and Hedge Fund clients across a range of asset classes. Brian received his Bachelors and Masters of Accountancy from Baylor University.

 

 

 

 

Market Update: Banking in Uncertain Times – March 13, 2018

March 13, 2018 | 2PM EDT / 11AM PDT | 1 hour | Online | by Chatham Financial

In today’s competitive lending environment, banks need to find ways to differentiate themselves from their peers to attract and serve the needs of their customers. As the interest rate environment begins to shift away from an extended period of low rates and as customers look for the best terms, understanding how changing economic factors affect lending strategies is key to success. This webinar provides bankers, relationship managers, and lenders critical insights they need to better serve their customers and succeed in today’s marketplace.

 

 
 
 
 
 
 

In this webinar, we will explore these important issues:
– Timely discussion about the current interest rate environment
– Using swap-based strategies to win business from your competitors
– Q&A with industry experts on interest rate hedging strategies

 

Speakers:
Jim BeattieJim Beattie, CFA is a member of Chatham’s financial institutions advisory practice and works to assist bankers in their origination efforts through the prudent use of interest rate derivatives. Prior to Chatham, he worked at CIT Capital Markets as a derivatives marketer and salesperson and was most recently a member of Ernst & Young’s Risk Management Consulting practice, advising multi-national banks on market-based risk factors. Jim graduated from Lehigh University with degrees in Finance and in Information Systems Engineering and is a CFA Charterholder.

 

Michael SharpMichael Sharp is a client advisor on Chatham’s financial institutions team. Prior to joining Chatham, Michael worked for thirty years in the capital markets and banking industry, most recently as the Managing Director of First Niagara Bank’s Derivative Products and Foreign Exchange team. Prior experience includes work with Deutsche Bank, Regions Bank, Bank of America and Morgan Guaranty Trust. He began his career on the trading floors of the C.B.O.E and the Chicago Board of Trade. He received his BS in Industrial Management from Purdue University’s Krannert School of Management.

 

 

 

Inflation Lifts 10-Year Note Closer to 3%—The economic data calendar was busy last week led by a stronger than anticipated CPI report. The Labor Department reported that consumer prices rose 0.5% in January, besting the consensus expectation for a gain of 0.3%.
There’s Something Happening Here—Equity markets were incredibly volatile last week, with stock prices swinging wildly in sometimes frantic trading.
The Return of Market Volatility?—Last week the market reminded investors that sentiment and momentum are powerful forces that can change on a dime.

How Will Tax Reform Impact Financial Institutions’ Investment Portfolios?

January 2018

With the President signing off on the Tax Cuts and Jobs Act on December 22nd, 2017 (effective January 1st, 2018), financial institutions (FIs) must determine how the changes will affect the business as a whole, as well as the outlook for their investment portfolios. The implications of the tax overhaul are widespread, and conducting a thorough analysis of your current investment portfolio is important to ensure that your firm is properly positioned.

This bulletin will provide you with an overview of some of the key changes made by the legislation, and the effect these changes may have on your fixed income portfolio.

Download This Bulletin