Duncan Scott leads the Post-Trade Market Services Practice and is an Associate Partner of Bailrigg+, based in London

Duncan has worked in line management (Finance and Operations) as well as Internal Audit and Operational Risk Management, with a particular focus on building successful, and restructuring under-performing, teams. He has had significant interaction with both UK and US regulators in respect of key control functions such as product control and collateral management; Operational Risk Framework design, and the delivery of operational risk components of ICAAPs. Duncan has been involved with significant IT change management programs delivered both by embedded line teams, and by central PMO structures. In addition, he has experience of numerous strategic transformation programs covering themes such as off-shoring, out-sourcing, de-centralisation of functions to meet local regulatory requirements, and follow-the-sun efficiency efforts. In his role as Global Head of Collateral Operations at Barclays Capital, Duncan sat on the ISDA Collateral Management Committee, while as EMEA Head of Operational Risk at Bank of America Merrill Lynch, he was responsible for both internal board-level reporting of operational risk issues and processes, as well as external regulatory liaison. His extensive experience allows for an appreciation of the practical interaction between the trading, finance and operational functions of investment banks, as well as a deep understanding of how risk management frameworks should be implemented by the first and second line working in unison.

Duncan has over 30 years of experience working in a number of positions for the following Investment Banks:

• Banker’s Trust Co – Internal Audit
• Credit Suisse FP – Internal Audit / Product Control
• Bear Stearns – EMEA Head of Product Control
• Barclays Capital – Head of Fixed Income Product Control
• Barclays Capital – Global Head – Collateral Management Operations
• Bank of America Merrill Lynch – Managing Director – EMEA Head of Operational Risk