fscom appoints David Coolegem as head of capital markets

Professional services firm fscom has installed David Coolegem as its new head of capital markets. He joins the firm as it looks to grow its governance, risk and compliance expertise.

Coolegem commented, “I am thrilled to join fscom at this pivotal time in their development. I welcome the opportunity to work with their portfolio of world-class financial services institutions and support the leadership team in the continued expansion of the capital markets business.”

Headquartered in Belfast with offices in London and Dublin, fscomis a governance, risk, and compliance consulting firm. Largely consisting of ex-bankers, ex-regulators, and former in-house compliance experts, the firm’s team works with major players in the payments, retail banking, investment management and trading and broking sectors. It provides governance, risk and compliance support to firms including Moneycorp, CorPay and Banking Circle.

Arriving at fscom, Coolegem brings two decades of experience in regulatory compliance consulting across the UK and Ireland. In that time, he has worked closely with the Prudential Regulatory Authority (PRA) and the Financial Conduct Authority (FCA).

His consulting career includes leadership positions such as head of banking and financial services in the governance, risk and compliance advisory wing of Cognizant. He also previously held roles with PA Consulting and Sia Partners, and spent time as a sales trader at Lehman Brothers, from 2005 to 2008.

Looking ahead, Coolegem’s key areas of expertise include MiFID II, Operational Resilience, Surveillance, SMCR, Consumer Duty and AML/KYC with significant experience in setting up GRC advisory practices with capabilities around regulatory change and ‘Regulation as a Service’ offerings.

Speaking on the appointment, Jamie Cooke, CEO of fscom, added, “David brings a wealth of experience and subject matter knowledge to our team of deep domain experts. He will be an invaluable asset to our clients at a time of evolving regulatory requirements such as the EMIR Refit Rules and potential shortening of settlement timeframes (T+1). David joins at an exciting time in fscom’s growth trajectory, and I look forward to working with him as we elevate the capital markets practice of our business to the next level.”