Head of Capital Markets & Treasury Credit Risk, Trading Market Risk, Asset-Liability Management
Present Job Function: Sassieni is head of capital markets and treasury credit risk, trading market risk and asset-liability management at Northern Trust. He has global responsibility for managing Northern Trust’s country exposures, trading and other credit exposures to banks, broker-dealers and funds, as well as issuer risk in the treasury investment portfolio. He has second line oversight responsibility for market risk arising from FX, securities lending, and brokerage activities as well asset-liability management. He is chair of the capital markets credit committee and country risk committee, and a member of several other governance bodies including the senior credit committee and market and liquidity risk committee. Sassieni has been an active member of RMA’s Global Markets Council for many years.
Previous Employment: Originally from the United Kingdom where he started his banking career in the international division of NatWest Bank in 1983, Sassieni moved to the U.S. with Bank of Boston (now Bank of America) in 1987. From 2000-2004 he was vice president at BTM Capital, an investment banking subsidiary of Bank of Tokyo-Mitsubishi. He joined Northern Trust from State Street where he was senior vice president in the enterprise risk management department with global responsibility for the analysis and approval of all bank, broker-dealer, and fund counterparties
Education: Sassieni earned a degree in philosophy and politics at the University of Bristol, England.