Manager Sales
Resume:
Timothy N. O'Connell
Jersey City, NJ 07302
*************@*****.***
EXPERIENCE
Angelo Gordon NY,NY
Mar 2010-Ended
MBS Operations
. Responsible for processing all MBS trades in Advent Geneva
. Confirmed all amended MBS factors and interest in Bloomberg
. Reconciled positions with custodian banks
. Provided documentation of all cash and trade activity to
administrator.
Credit Suisse NY, NY Jul 2008-Jul 2009
Credit Suisse Alternative Capital/Hedge Fund Operations(consultant)
. Identify all cash movements in the prime brokerage account
. Reconcile all cash discrepancies for bank loan and derivatives
positions(WSO vs. Prime Broker)
. Responsible for settling financing for all total return swap
positions with counterparties.
. Settlement of all CDS and TRS trades for CS Credit Strategies Master
Fund
. Daily processing of all bank loan activity in Advent Geneva, Loan IQ
and Wall Street Office
. Coordinating the migration of all CS hedge funds from Advent Geneva
to Paladyne
. Assist Pricing Committee with valuating security positions. Pricing
provided by Markit.
. Calculate daily P&L for CS Credit Strategies Master Fund
. Management of all collateral for Boreas Ltd, Levanto Ltd, and CS
Credit Strategies Master Fund
. Provide documentation to hedge fund administrator for all cash
movements for CS hedge funds
Chatham Asset Management Chatham, NJ November 2006-Jul 2008
Hedge Fund Operations
. Daily confirmation of all bank loan execution details with counter-
parties
. Responsible for daily input of bank loan and swap trades into Wall
Street Office and Advent Axys
. Key Prime Broker relationship contact for funding of loan closings
. Daily reconciliation of all bank loan and total return swap activity
between WSO and Brokers
. Process all loan and swap activity in WSO (paydowns, interest, and
settlements)
. Process all loan activity in Advent Axys (Chatham Asset books &
records)
. Confirmation and allocation of bank loan trades in Clearpar
. Coordinate the funding of all loan closings with counter-parties
. Daily contact with brokers concerning trade breaks and settlements
. Interaction with agent banks concerning loan activity and position
breaks
Derivatives Portfolio Management/Mellon Somerset, NJ September 2005-
November 2006
Hedge Fund Administration-Supervisor
. Performed daily reconciliation of all trade activity for $ Seven
Billion hedge fund, primarily invested in bank loans, credit default
swaps, and high yield bonds
. Research and reconcile discrepancies in P&L between DPM, prime
brokers, and hedge funds
. Responsible for review and resolution of trade breaks, interest
accrual discrepancies, pricing differences, and unknown loan activity
. Assist Treasury Department on daily cash reconciliations
. Monitor all cash movements on Wall Street Office and VPM
. Responsible for verifying details of cash movements with hedge fund
prime brokers
. Prepare monthly financial reporting for hedge fund clients
. Provide support for internal and external audits
Merrill Lynch & Co. New York, NY
Feb 1996-Jul 2005
Bank Loan Operations(Consultant) Oct 2003-Jul 2005
. Recorded, monitored, and reconciled all funds movement on Loan IQ
. Expedited cash payments and reconciled current positions for all bank
loan participants
. Ensured proper funds movement for closing of loan trades
. Prepared trade confirmations for the Distressed and Par Loan deals
and ensured complete execution
. Coordinated with trade closers the proper settlement of loans
. Trained on Loan IQ
Sales Assistant(Consultant)
Jan 2003-Oct 2003
. Primarily responsible for qualifying leads for two senior financial
consultants
. Contacted inactive clients about discussing investment strategies
. Scheduled appointments for prospective clients to meet with financial
consultants
Collateral Manager
Jan 200-Jul 2001
. Primarily responsible for managing the exposure of Merrill Lynch
Capital Services in relation to all hedge funds dealing in derivative
products
. Monitored the firm exposure generated by the Power Derivative desk
and reported daily risk to senior management
. Daily client contact involving the issue and receipt of margin calls
generated due to market fluctuations
. Daily interaction with swap and derivative sales desks concerning
exposure
. Daily contact with corporate credit due to client requests for
threshold changes and mark discrepancies
Assistant Manager Equity Operations
Mar 1998-Jan 2000
. Primarily responsible for managing the client service and support
team for equity Soft dollar and directed business in Japan
. Aided Director of Operations with oversight of Japanese Equities
trade support and settlement teams
. Assisted sales and trading during afternoon session with reporting
executions and daily trade recaps to clients
. Successfully re-structured Non-yen equity trade support by improving
service deficiencies pointed out by clients
. Co-managed the team responsible for automating the Japanese Equity
confirmation process
. Represented firm in client visits to improve business relationships
International Equities Trading Assistant
Feb 1996-Mar 1998
. Performed the confirmation and allocation of all Japanese equity
transactions
. Acted as NY operations primary contact person with the Tokyo office
operations
. Minimized company exposure by handling trade discrepancies
Berliner Handels und Frankfurter Securities NY, NY Jan 1995-Feb 1996
International Settlements
. Settled Eurobond trades in Euroclear ISCC
. Risk Management- Responsible for $100M line of credit
. Daily contact with custodians in UK, France, Germany
Technical Skills
Wall Street Office(WSO), Clear Par, Advent Geneva, Loan IQ, Microsoft
Office, Markit,Bloomberg
Education
St. Bonaventure University
Bachelor of Business Administration, Marketing
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