The International Swaps and Derivatives Association is looking to hire an assistant director for its London office to deal with risk management and accounting issues on a global basis, according to Emmanuelle Sebton, head of risk management in London. The hire will report to her and fills a vacancy left by a departing official whom Sebton declined to name.
The new recruits typical duties include lobbying on ISDA's behalf for amendments to the Basel Capital Adequacy Accord or on the trade group's view for issues relating to theFinancial Accounting Standards Board, Sebton noted, adding the role is on the policy side and will not deal with documentation issues. She said the trade group plans to interview candidates during the next two months and hopes to have the hire on board by the summer.