Moray has broad analytical, research, origination and trading experience in local and international fixed income credit markets. Moray began his financial markets career in New York before transferring to Sydney where he became the head of domestic credit trading for Merrill Lynch. Moray then joined Westpac to set up their London based corporate and bank bond trading operation before returning to Sydney. Moray was head of debt capital markets at Grange Securities where Moray’s team was responsible for the origination of over $2.6 billion of investments across 80 different issues within Australia. These products included bank debt, both senior and subordinated issued by a variety of institutions from large banks to smaller credit unions, structured investments including CDO's and various funds management and managed investment schemes sold to a variety of professional, sophisticated and retail clients. Moray holds an MA and MEng from Cambridge University in England and an MBA from Dartmouth College, NH, USA.