LUKE MELLOR

Luke Mellor divides his time between (i) training and (ii) structuring and consultancy. This ensures that his course material is not only up to date but remains relevant in the world of securitisation. Over the last 15 years, Luke Mellor has taught over 1,500 securitisation professionals from 100s of institutions both through his public and private courses. He has run “in-house” securitisation courses for a range of institutions including EIB, European Central Bank, Financial Conduct Authority (formerly FSA), South African Reserve Bank, Rabobank, SEB, ABN AMRO, Santander Bank, Lloyds Bank, Nedbank, Investec, Bank of America & Nordax Financial Services.

Professional Experience: Luke Mellor has been involved in securitisation for all his professional career both in investment banking and in advisory and consultancy:

Creative Capital Partners (1998 – present)

  • Set up investment banking consultancy to advice banks on securitization, structured products, risk management and counterparty risk in structured transactions. Instigated worldwide training programming for cash flow modeling.

  • Structured and marketed range of securitizations in Europe, Africa and Asia across different asset classes (SMEs, residential mortgages, trade receivables, CDO assets).

  • Acted as expert witness on cash flow modeling on the three year securitization litigation case.

ABN AMRO Bank Head of Securitization (1995 –1998)

  • Set up teams in London, Amsterdam, New York and Milan to originate and structure term securitizations and structured products for captive and bank client securitizations. Team comprised 5 officers and 18 team members.
  • Structured and marketed first residential mortgage securitization in Dutch Market (Euro 2 Billion).

Baring Brothers & Co., Limited - Assistant Director (1988 – 1995)

  • Responsible for marketing and structuring securitizations and structured products for UK and Western Europe.
  • Structured various transactions including first securitization of nonperforming loans worldwide.

luke.mellor@creative-cap.com

 

BRIAN O'KELLY

Brian O’Kelly is Professor of Finance at Dublin City University, Ireland, where he leads its M.Sc. in Investment, Treasury and Banking master’s programme. His PhD was on the valuation of Collateralised Debt Obligations. His research and teaching cover risk, regulation, derivatives, banking, fixed income securities and financial engineering.

Academic Experience: Brian has been teaching at Dublin City University since 1995 and has been Professor of Finance there since 2007. He also teaches at Trinity College Dublin and University College Dublin. He has been Visiting Professor in many countries including Southwest University of Finance and Economics, Chengdu, China, Helsinki School of Economics, Finland and University of Prince Edward Island, Canada.

Professional Experience: Brian’s professional career has been primarily in risk management, initially in a corporate bank and more recently in a retail bank.

Permanent TSB (2010 – present)

  • Valuing mortgage books, dealing with mortgage arrears.
  • Measuring and managing interest rate risk in the banking book

QED Equity (2007 –2010)

  • Structuring securitisations of MBS, ABS and SLABS
  • Providing accounting and regulatory solutions to banks.

AIB Capital Markets (1999 – 2007)

  • Modelling and managing the credit risk of a corporate loan portfolio
  • Pricing and managing counterparty credit risk

brian.okelly@dcu.ie