Tatiana Lucke Dell'Aquila

Financial Resources & Strategy (FRS) – Bank Resource Management (BRM)

• Develop and execute outright government bond trading strategies, generating P&L through positioning, relative value, carry, and funding optimization; led redesign of Brazilian sovereign bond strategy and its integration with global funding frameworks.
• Act as a front-office partner to Portfolio Managers and trading desks, co-developing and executing margin-, carry-, and funding-driven strategies.
• Own liquidity, margin, and capital optimization agenda, reducing funding costs while improving liquidity usage and optimizing RWA and GSIB consumption under trading constraints.
• Drive real-time attribution of margin and financing costs, directly influencing portfolio construction, trade lifecycle decisions, and execution strategies.
• Design and implement collateral and funding strategies across futures, options, fixed income, securities lending, and repo markets, enhancing balance sheet efficiency and recurring P&L generation.
• Apply deep expertise in margin mechanics, translating structural drivers (haircuts, eligibility, funding impact) into actionable trading and funding decisions.
• Maintain active oversight of liquidity, collateral, and funding conditions to support opportunistic positioning and balance sheet optimization.
• Monitor FX (spot and NDFs) as part of funding and liquidity analysis (non-execution role), incorporating carry and pricing dynamics into decision-making.
• Hold mandate to execute repo transactions in Brazil, actively managing secured funding, collateral efficiency, and liquidity deployment across markets.
• Execute overnight repo transactions in Mexico as part of secured funding activity, with scope evolving across tenors and strategies.
• Serve as Product Owner of a global optimization technology platform, acting as intake point for trading and investment requests; coordinate with internal technology teams to define requirements, prioritize initiatives, and oversee delivery of tools improving collateral allocation, funding efficiency, and decision support.
• Contribute to global initiatives optimizing partially fundable assets, improving liquidity efficiency and balance sheet utilization across regions.
• Active participant in global Funds Transfer Pricing (FTP) working groups, contributing analytical input to funding cost allocation and capital framework discussions feeding senior decision-making.
• Work across New York, Europe, and Asia, aligning funding, collateral, and liquidity strategies in a global trading environment.
• Act as bridge between trading, investment teams, treasury, and technology, combining execution-driven mindset with creative balance sheet optimization.
• Manage and mentor intern, delegating operational workload and increasing focus on strategy and execution.

BRM (Bank Resource Management)

• Partnered with Securities Lending, FX, and trading desks, as well as risk and operations, to analyze the end-to-end trade lifecycle and its impact on balance sheet, liquidity, and funding.
• Supported collateral optimization and funding strategies by monitoring portfolio exposures, inventory, and market conditions.
• Performed P&L attribution and liquidity analysis across fixed income and financing activities, identifying key drivers and funding costs.
• Collaborated with stock borrow/lending teams to track inventory, utilization, and financing opportunities.
• Developed and enhanced reporting tools for daily risk, liquidity, and market monitoring, improving decision-making efficiency.
• Drove process improvements and automation initiatives, increasing accuracy and reducing manual workload.