Quality Assurance Control

ROBERT C. CRANE

abhzr8@r.postjobfree.com

*** **** ******* ** 571-***-**** (H)

Falls Church, VA 2046 347-***-**** (C)

PROFESSIONALEXPERIENCE:

CAPCO Inc, Washington, DC

Senior Consultant

2010

• Consult to client for efficient correction of mortgage to MBS cash flow

exceptions.

• Analyze Business Requirements versus Production System Code for

opportunities to test, modify and improve existing code. Develop Test Strategy

and Test Plan for continuous monitoring and mapping of cash flow solutions.

BANK OF NEW YORK MELLON, New York, NY

VP Securities Operations - VP User Acceptance Testing

1998-2009

• Manage software projects from Business Requirement Document through

Release to Production. Gather requirements, design test cases, execute

testing, regress application to achieve bank goals and incorporate business

rules across diverse areas such as; global trade entry, Euro conversion, global

tax accounting, global online corporate actions.

• As VP UAT manage all test case design and problem resolution, consult with

developers, end users and stakeholders to achieve project acceptance.

Projects managed using CMMI and SDLC guidelines, including waterfall, spiral

and evolutionary SDLC approaches.

• Interact with technology, product and test personnel in releasing innovative

applications. Very handy at interfacing between client service need and

development team. Hold standing meetings to include stakeholder feedback

and manage issue triage/delegation and change control. Author requirement

traceability matrix.

• Employ a range of global test talent to open problem log and confirm

technology fixes.

• Brought new online global trade entry system successfully into bank

production through functional, integrated, acceptance and regression testing

efforts. Client trade entry needs achieved while incorporating global trade and

settlement requirements.

• Chief Test Architect for global Online Corporate Actions project. Create and

circulate Test Design and Plan; manage global team of Corporate Action

SME’s across functional, integrated, acceptance and regression testing prior

to successful release to production.

• Manage database conversions into bank. Develop automated processes in

XML (macros) to edit, maintain and quality control mainframe database and

online applications efficiently.

• Review and test global SWIFT financial messaging across departments in

compliance with release requirements. Control and fix exceptions.

• Manage official shareholder communications and proxy requirements of

bank’s custodial clients in compliance with SEC and FDIC dictates. Ensure the

bank’s activities meet standards of transparency and accountability as

required by bank’s internal audit staff and regulatory SEC/FDIC audit. Engage

external and internal council to confirm requirements met seamlessly across

various global applications.

• Manage the business requirement document process so that information

made available to bank management in timely fashion. Create and distribute

Release Notes to specify changes being made to environments.

DTC PARTICIPANTS TRUST COMPANY, New York, NY

Quality Assurance Analyst

1996-1998

• Managed the quality assurance of advanced software applications.

• Composed UAT test cases, manage UAT testing.

• Undertook Proof of Concept testing of new software products; produce final

assessment.

• Provided Mortgage Backed Security expertise during PTC’s expansion of

security clearing operations from simply GNMA’s to include Freddie

Mac/Fannie Mae securities.

FANNIE MAE - FEDERAL NATIONAL MORTGAGE ASSOCIATION,

Washington, DC

Senior Financial Analyst-Portfolio Management

1994/1996

• Incorporated SQL procedures to access asset liability relational database.

• Designed, developed and ran corporation's mortgage portfolio earnings model.

Analyzed portfolio earnings forecasts across various interest rates, business

growth and stress scenarios.

• Applied expertise in mortgage prepayment behavior; created model

forecasting portfolio run-off.

• Provided financial advice and application support to Information Technology

staff in modeling complex mortgage products, such as CMO REMICs, I/O

strips, P/O strips, and ARM securities.

Consultant

Financial Technologies Inc, Apex Securities, New York and Washington

1991-1994

• Wrote Unix code and tested Trust Accounting System.

• Authored financial articles for newsletter.

• Traded CMO and MBS for clients.

CENTURY MORTGAGE COMPANY, Lincoln, Rhode Island

Vice President-Secondary Markets

1990-1991

• Managed secondary market transaction, mortgage underwriting department,

and quality control operations.

• Worked with state and federal regulators to determine value of bank's

portfolio.

AMERIBANC SAVINGS BANK, Annandale, Virginia

Vice President-Capital Markets

1988-1990

• Analyzed, priced and recommended capital market transactions for large

Federal savings bank.

• Managed day-to-day market position; set daily mortgage rate/point offerings

and recommended and priced new mortgage products.

• Participated in development of bank strategy; member of Executive,

Asset/Liability, Mortgage Banking and Cash Management Committees.

• Proposed and managed initial and subsequent AA mortgage securities

offerings, initial tax advantaged REMIC CMO, and initial ARM security.

• Consulted with investment bankers and outside council to ensure security

release success.

FREDDIE MAC - FEDERAL HOME LOAN MORTGAGE CORPORATION,

McLean, Virginia

Senior Trader, Hedge Management, Mortgage Securities; Senior Financial

Analyst

1983-1988

• Employed financial hedges to protect the value of Freddie Mac's retained

mortgage portfolio and mortgage pipeline from changes in interest rates.

• Responsible for trade execution, mortgage hedge performance and

departmental reports.

• Created Monte Carlo simulation framework to compute mortgage price and

duration statistic across various levels of interest rates and interest rate

volatility.

• Analyzed cash/futures relationships, mortgage-backed spreads and option

volatility in development of hedge strategy.

• Priced all adjustable rate mortgages purchased by Freddie Mac. Priced

mortgage portfolios sold to Freddie Mac for use in the agency's collateralized

mortgage obligation issuance program.

• Quantified the financial characteristics of Freddie Mac's mortgage purchase

and securitization activities.

• Measured and evaluated the financial risks associated with proposed and

existing securitization programs.

• Developed computer-driven models to simulate the corporation's mortgage

and security cash flow.

• Provided consultation and support on design and pricing of mortgage-backed

securities. Developed simulation-based ARM pricing model.

UNITED STATES POSTAL RATE COMMISSION, Washington, DC

Senior Rate Analyst

1980-1983

• Closely reviewed all dockets and testimony regarding proposed rate change to

all classes of mail.

• Reviewed all client interests versus laws extant per class and type of mail.

Attended all regulatory hearings.

EDUCATION:

• M.B.A., Finance Concentration, Syracuse University

• B.A., Syracuse University, Magna Cum Laude

• PMP, Boston University, Enrolled

CERTIFICATIONS/LICENSES:

Licenses: NASD Series 7, Series 63;

Certificate of Completion, Northwestern University, Interest Rate Risk

Management

Certificate of Completion, Bank of New York Mellon, Advanced Anti-Money

Laundering

Certificate of Completion, WSI, Internet Marketing Professional

Coauthor. "Pricing Rate-Capped ARMs" Secondary Mortgage Markets, Vol. 2,

Summer 1985.

Coauthor. "Adrift in FRMs" Secondary Mortgage Markets, Vol. 3, Fall 1986.

Various References

Mr. Mark W. (202)448- abhzr8@r.postjobfree.com Senior Lobbyist The Cornerstone Washington, Dist of

Murray 9528 Group Columbia

Mr. Don (703)903- Don_rindler@freddiemac Chief Economist Freddie Mac McLean, VA

Rindler 3060

Ms. Phyllis (212)815- abhzr8@r.postjobfree.com Vice President - IT Bank of New York New York, New York

Hershon 7191 Mellon

Ms. Joanna P (202) 306- abhzr8@r.postjobfree.com Senior Counsel - Federal Trade Washington, Dist of

Crane 3258 Identity Theft Commission Columbia

Mr. Joe Lee (212)815- abhzr8@r.postjobfree.com Vice President - IT Bank of New York New York, New York

5974 Mellon

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