State Street in Jersey has appointed Paul Mundy as Head of AIS (Alternative Investment Services) Risk Management for Europe, Middle East and Africa (EMEA).
Based in the Jersey office, he is responsible for enterprise risk management and supporting the private equity and real estate fund administration and corporate services groups in EMEA. His responsibilities will also extend to State Street AIS operations in London, Guernsey, Luxembourg and Dublin.
Prior to his move to State Street, Paul Mundy had been in a senior management role in risk management at the Royal Bank of Scotland International (RBS International) in Jersey for more than 13 years, most recently as Director of Risk, Service and Operations in Corporate Banking, a post he held since 2007.
He began his finance career in 1982 with Chase Manhattan Bank and he has wide ranging institutional banking experience in global custody services, operations and securities lending.
Phil McGowan, EMEA Head of Private Equity and Real Estate Fund Servicing at State Street, said:
‘We are delighted to welcome Paul to the State Street senior management team. His substantial experience in risk management within the corporate banking sector and his leadership in this field, makes Paul an important addition to the expertise we have available from our offices in Jersey.’