Terence Mark has nearly twenty years of experience in Asia as part of a forty-year career that has also included roles in banking and finance in New York, Chicago, and London.
He is a managing director in BRG’s Asia-Pacific (APAC) Economics & Damages practice and is based in the firm’s Tokyo office.
Mr. Mark has specific experience and expertise in credit, securities, loans, derivatives, interest rate/FX, structured products, portfolio management, and NPLs/workouts. He has managed through multiple credit cycles and has hands-on knowledge of corporate and structured credit, aviation finance, asset-backed securities, real estate, and film finance.
As a portfolio manager at a global manager of collateralized debt obligations and structured investment vehicles in New York, Mr. Mark was one of five managers responsible for allocation and management of $36 billion of corporate and structured finance assets and liabilities across credit structures including CDO/CLOs, conduits, and SIVs. His experience managing and participating in the ultimate wind-down of these structures gives him insight to legal, regulatory, and rating agency issues under complex circumstances.
In Tokyo, Mr. Mark has held senior positions with commercial and investment banks. In the 2000s, he served as general manager, Japan country head, and head of portfolio management APAC at a commercial bank. He was subsequently engaged by an agency tasked with managing an orderly wind-down and liquidation of various banking businesses across Asia, which was completed in 2017. Subsequently, he was mandated by the same agency to help achieve the same goal with a US-based portfolio consisting mainly of a motion-picture assets, real estate NPLs, and complex litigation.
Mr. Mark spent much of his career building banking businesses in the US and Asia, and a near equal portion in the highly specialized position of managing orderly wind-downs of regulated businesses with large balance sheets, in difficult regulatory environments, dealing with complex litigation, corporate governance, and sensitive local human resources issues. He has given evidence by deposition on multiple occasions.
Employment History
EAA US Holdings, Inc.
Director
2017 – present
EAA Japan K.K., Tokyo
Representative director and general manager/liquidator
2014 – 2017
Portigon AG, WestLB successor entity
Managing director, Tokyo branch manager
2009 – 2014
Managing director, head loan and portfolio management, APAC
2006 – 2014
Brightwater Capital Mgmt., New York
Portfolio manager, executive director
2003 – 2006
WestLB Securities Pacific Ltd, Tokyo
Head of Credit Sales, executive director
2001 – 2003
RBC Dominion Securities, Global Credit Derivatives Group, Tokyo Branch
General manager
2000 – 2001
J. Henry Schroder & Co., Tokyo Branch
Head of Structured Credit Transactions
1997 – 2000
RBC Dominion Securities, Global Asset Swaps Group, New York Branch
Corporate vice president
1996 – 1997
Schroder & Co. New York and London brances
Sr. vice president, Structured Derivative Products
1992 – 1995
Professional Affiliations
Japan Society of Investment Professional (JSIP)
Member
New York Society of Securities Analysts (NYSSA)
Member
CFA Institute
Member
Global Association of Risk Professional (GARP)
Member
Professional Risk Manager’s International Association (PRMIA)
Member
Credentials
Chartered Financial Analyst (CFA)
Financial Risk Manager (FRM)
PRMIA Certified Risk Manager designation (PRM)
Level 7 Non-Executive Director Advanced Diploma
JSDA Registered Levels 1 and 2