Ivan

Ivan Uhlianytsia
Résumé | Professional Experience

Education and Professional Qualifications Professional experience (continued)

The University of Chicago Booth School of Business – MBA. Areas of concentration: Strategy, Investments,
Finance, Economics, Pricing. GPA 3.43 out of 4.0. Fixed Income Portfolio Manager (Nov’2010 - Nov’2014), Senior Investment
Analyst (Nov’2005 - Nov’2010), DCH Investment Management (Kyiv, Ukraine,
Masters in Banking Management from Kiev National Economic University (with Honors). GPA 3.93 out of London, UK)
4.0.
Managed $200+ mln absolute return multi-strategy fixed income global portfolio. Mostly concentrated on
Certificate for Arbitrary Management (Management, recovery and disposal of distressed companies). macro themes and positioning, allocations.

Trader’s Certificate issued by Ukraine’s Stock and Exchange Commission. Portfolio comprised different instruments and ideas expressions: from plain vanilla cash bonds to CDS
(indices and individual names), futures on bonds, NDFs on various local currencies as interest rates proxy.
Professional experience
Portfolio comprised both short- (up to few weeks or even days) positions and longer term ones (3, 6 months
Portfolio Manager, Head of International Desk, Sense Bank (Kyiv, Ukraine) – and longer), which were also scaled according to the macro, rates, spreads view and could be weighted from
up to 80-90% allocation down to 5-10%, i.e. almost up to 100% cash.
Jul’2018 - Dec’2023
Average 3 year performance in that 2010-2014 environment was 7.0% p.a. in USD terms. This comprised
Built from the scratch the whole infrastructure for investing and trading on global markets both for onshore then 2011 European debt crisis, 2013 so-called Fed pivot and late 2013 revolution in Ukraine, early 2014
and off-shore books, including trade lines set-ups, accounts, documentation, dealflow. first Russia invasion into Ukraine.

Managed $100+ mln of fixed income portfolio (high yield, investment grade, sovereign) in DM currencies. Created and maintained in-house portfolio and investment reporting system, which provided
Average performance for the period at this role was 37.8% p.a. – mostly due to very cautious approach to necessary level of details and accounts and currencies breakdowns, reporting frequency included
capital deployment and taking positions at peak of 2020 market panic. even intraday reports and up to weekly, monthly, quarterly, annual reports. Also included respective
breakdowns related to performance attribution factors: i.e. currency effects, interest rates, carry, etc.
Managed $350+ mln of capital hedges (bank’s equity FX hedge on behalf of shareholders / Group) in Comprised all the financial instruments, derivatives, transactions related to the liquid global portfolios
USDUAH derivatives and around $200+ mln of EURUSD hedging book, with annual turnover over $1.5 bln. and allocations.
Carried the whole project from the trading lines and processes, accounts set-up to daily positions
management, performance reporting and finally unwinding the whole book, when the full-scale invasion As Senior Investment Analyst performed valuation, strategic and investment research (including industry
began. research, financial and investment modeling), advised to the Group’s companies and supervision.

Successfully recovered trading/hedging profits from counterparties, major global banks, which were Core industries of professional activity comprised: Banking and Finance (BNPP Paribas UkrSibbank);
unwilling to settle and paused settlements in the wake of the big-scale war. Negotiated highly preferential Alternative Investments and distressed debt (Portfolio of Corporate NPLs); Professional Football (FC
unwinding rates and conditions and collected all the profits and collateral without any legal costs and other Metalist); Transport & Infrastructure (Kharkiv International Airport):
expenses.
Supervision of the Bank, as one of core portfolio investments: valuation, assessment of the operating
Performed the execution part of the “US Equities in Phone App” project for Ukrainian retail investors, and investment performance. Assessment of the qualities of the internal transfer pricing and
moving equities into Ukrainian Custodian system, setting up and managing hedging position for the respective results/costs allocation. Disposal of a minority (‘blocking’) share in UkrSibbank BNP Paribas
equities. Carried out reconciliations and manual adjustments of the hedging positions, when needed. to BNP Paribas Group. Valuation and presentation to the acquirer, active participation in the
negotiation process. Evaluation of strategic and operating budgeting, valuation, assessment and
Brought another new revenue stream to the Bank via selling UHNWI investors Ukrainian sovereign reconciliation of internal bank’s transfer pricing and results allocation systems. Valuation modelling.
eurobonds and US Treasuries with local settlement in UAH, including price and FX-risk hedging. Turnover
amounted to $200 mln for the first month since launch, and profit generated exceeded $2 mln. Strategic Advisory to FC Metalist, valuation, advisory on title and thematic sponsorships. Performed
finance system consolidation of all the sports businesses into a single reporting entity, including
Consulting Tasks, Projects bottom-up elaboration of the reporting system itself and then successful implementation for
budgeting, reporting, planning tasks. Disposal of FC Metalist football club (including related
Key role in USAID project on development of the local ISDA documentation for OTC derivatives – infrastructure) to a local investor. Valuation and strategic advisory related to the deal.
mostly in the field of actual practices, settlements, disputes, details on trade execution, verification of
the financial results calculation formulas and logic, as well as wording accuracy. Operating and strategic advices to FC Metalist; upon partial implementation of the program the FC’s
revenue increased by about 25%.
Provided consultancy services for few largest Uzbek banks on setting up and managing USDUZS OTC
positions both for hedging and financing purposes, construction of synthetic FX positions. Comprised Acquisition of Corporate NPLs Portfolio. Valuation, due diligence, elaborated restructuring models
all the stages of the process: from setting up lines and bringing counterparties, providing pricing, and ideas, negotiations. Evaluation of the portfolio of retail NPLs and subsequent bidding for portfolio
consulting on ISDA documentation, setting up the whole trading link to enable trades. over US$ 1 bln in balance value (mortgage and car loans).

Advisory to UHNWI clients of the bank on portfolio allocations, model portfolios, advisory on
Internal Auditor, Raiffeisenbank (Kyiv, Ukraine) – Jan’2005 – Nov’2005
individual investments.
Performed audit of various banking areas, including financial, tax and operating risks and matters. Assessed
Portfolio Manager, Head of Investment Banking, Pasha Bank (Baku, Azerbaijan) quality of the internal controls, sufficiency of the practices in place. Presented respective findings and
– Sept’2015 - Feb’2017 recommendations.

Built the whole new business line of global financial instruments brokerage for the local HNWI and Auditor, Grant Thornton International (Kyiv, Ukraine) – Mar’2003 – Dec’2004
corporate clients, and for the Bank’s own position in a limited legal and operational environment. Carried
out large scale bonds buyback program for the largest country’s corporate bond issuer, SOCAR. Performed banks and non-banks audit, due diligence projects both for banking and non-financial targets,
financial statements transformation from UA GAAP into IFRS.
As a result brokerage profits grew 2.5x times in the first year.
On the banking issues mostly concentrated on active operations, .i.e. Loan Portfolio, Interbank exposures,
Managed part of the Bank’s liquidity position (~$50+ mln) invested in global instruments, fixed income Securities portfolio, Forex operations, - assessment of the proper value reflection, banks’ internal models for
instruments and FX hedging positions. provisioning, studied primary documentation, i.e. loan files, borrowers’ financial statements, legal matters.

Consulting Tasks, Projects Managed Special Purpose Loan audit of the Chernobyl Confinement Project for EBRD and international
donors.
Internal consulting on the individual Azeri banks and the whole system financial standing. Helped the
bank avoiding some $40-50 mln losses by pointing out to the weak financial standing of the interbank
borrowers, which then defaulted. Boards and Committees Nominations

Advisory and consulting services to the local Ministry of Finance and IFC, World Bank, EBRD missions Independent Member of Supervisory Board at Agroprosperis Bank (Kiev, Ukraine), Since May’18.
on the country’s financial system, trends, issues, FX flows. Mostly covering international and domestic markets, financial position, lending and other financial
and market risks, valuation and strategic value topics.
Advisory on portfolio allocations and individual investments to HNWI clients, corporate groups,
university on their endowment fund. Member of the Supervisory Board at Kharkiv International Airport (Kharkiv, Ukraine), Aug’2008 – Dec
2014. Responsible for control over investment and development budget of the Airport; particular
financing and strategy related tasks; valuation and modeling. Communication with investors.
Consulting Services to the National Bank of Ukraine (Kyiv, Ukraine) – May’2015
– Sept’2015 Member of the Audit Committee at UkrSibbank BNP Paribas Group (Kyiv, Ukraine), Feb’2010 –
Dec’2010. High-scale control over bank’s budget, operating and financial performance.
Developed stress-tests capital model for the banks. Made recommendations on amendments to the existing
model for large corporate borrowers. Member of the Board of Directors at UGDK (Crushed stone and aggregates producing arm of DCH),
Feb’2008 – Aug’2008. Responsible for development and investment strategy tasks, valuation, various
Conducted asset quality review of top-10 Ukrainian banks, which included testing and modelling projects on the asset disbursement / mergers with competitors.
individually large corporate loans exposures.
Languages
Calculated capital shortfall of the tested banks, presented respective fundings and analysis to the
management of the National Bank of Ukraine. Ukrainian, Russian - native, English - working, Italian - advanced, French – intermediate, Spanish – basic.

Contact Details / Other

Mobile: [відкрити контакти](див. вище в блоці «контактна інформація»)
Email: [відкрити контакти](див. вище в блоці «контактна інформація»)

Birth Date / Place: 25 Dec’80 / Kiev, Ukraine. Current location: Kiev, Ukraine