Manager Management

Kernell Rutledge

*** *** ******** ****** ****** City, NJ 07305

Phone: 201-***-**** Cell: 201-***-****

E-Mail:**********@***.***

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SUMMARY

Highly skilled Foreign/Investment Banking experience encompassing

Custody/Corporate Trust Administration, Operations Planning and Control,

Operations Manager of Trust and Fiduciary operations (Settlements, Asset

Servicing, Remittance, Corporate Trust -Issuing/Paying Agent. Fluent in

creating Test Scripts for IT upgrades. Skilled in Business Continuity

Planning and Coordination. Well versed in Corporate Actions transactions

on behalf of Tokyo clients inclusive of foreign tax ramifications along

with certification of W-8 BENE and 1040 Schedule B. Extensive knowledge in

Compliance and Regulatory issues such as Sarbanes-Oxley, OFAC, SAS 70, U.S.

Patriot Act and KYC. Security Master specialist.

EXPERIENCE

Morgan Stanley Wealth Management Inc., Jersey City, NJ

July 2012 - Present

Client Administration - Personal Wealth Mgmt. Group

. Communicate effectively with HNW (High Net Worth) clients and their

Financial Advisors (FA) regarding their trust, agency or custodial

accounts.

. Complete Customer Information Programs (CIP) practices such as Photo-Id, W-9, Source of Funds for various levels of income recipients as part of

(Reg-9) Annual Trust Review

. Maintain an understanding of legal terms of trust instruments, court

orders and other trust related legal agreements.

. Responsible for the preparation of cash forecasts and determination of

daily cash position

. Ensure adequate funding in bank accounts Initiate bank transfers between

accounts for optimal cash utilization

. Act as liaison between client, FA and the Personal Trust Investment

Group, Trust Operations, Special Assets and Tax.

. Coordinate Account closings due to death - oversee and execute client

bill payment, tax payments and any other disbursements for the benefit of

beneficiaries or the trust.

General Glass and Metal LLC. Clifton, NJ

April 2009 - July 2012

Estimating Manager (Currently still working as part-time)

. Managed day to day operations of delegating projects to estimators.

Ensuring addendums, due dates, and extensions are noted and applied.

Establishing budget price for architectural window, door, and rail based

jobs to be submitted as GGM proposal for work. Post-bid review and

negotiation with General Contractors and material-supply vendors. Central

point of contact for all pre-construction activities (I.E. bids, forms,

walk-through, addendums, R.F.I's, clarifications, and pricing).

Bank of Tokyo-Mitsubishi UFJ Inc., Jersey City, NJ

Dec 1989 - Mar 2009

Assistant Vice President-Settlements, Asset Servicing, and Remittances

May 2000 - Mar 2009

. Managed day to day operations of Equity and Fixed Income settlement

desks. Management includes coaching, mentoring, training, career

development, annual reviews, and oversight of employee adherence to

relevant regulatory and corporate policies and procedures.

. Coordinate and Authorize remittance processing with Funds Transfer

department to understand forecasted cash needs and ensure liquidity,

which included approx. net of 700 Million USD for DTC and 1.25 Billion

for BONY per day .

. Managed Data Entry section responsible for updating Security Master Set-

ups, Customer Information File, and customer trade and remittance

instructions.

. Managed the coordinated efforts to STP Settlement, Payment, and Customer

Statement reporting by way of SWIFT. Efforts increased STP rate by 90%.

. Supervise prompt and accurate processing of Corporate Actions (mergers,

acquisitions, exchanges, splits, spin off, liquidations & name changes)

. Managed technical projects including system upgrades for back-office

settlement and messaging (SWIFT) systems from functional specification

phase through production implementation

. Responsible for Officers and Supervisors managing the settlements of

Fixed Income (FED) Foreign Exchange (Euro-Clear, JSCC) and Equity

(DTC/Physical/ Euro-Clear) Securities including Repos, Reverse Repos,

Security Lending and F/X transactions.

. Liaise and coordinate responses with Compliance and Comptrollers units on

operational risks and opportunities associated with pre and post trade

processing, Corporate Actions, Interest and Redemption processing, etc.

Identify areas of risk and mitigate through well- coordinated

implementations of operational and/or technical enhancements.

. Accountable for compliance with Bank of Tokyo - Mitsubishi UFJ's policy

and a host of external regulations such as Sarbanes-Oxley, FOCUS 15-C3,

OFAC, and KYC, Contact for month end reconciliation and reporting to

corporate accounting.

. Managed relationship with Bank of New York, DTC, Euroclear, NY Fed,

Bloomberg, ADP Proxy, SunGard, and OMGEO.

. Responsible for executing transfer of assets for both Custody and

Corporate Trust operations.

. Analyzes tax treaties & secures documentation that results in 10-25% tax

savings for clients and mitigates risks to Bank of Tokyo and clients due

to tax related regulations.

. Coordinated the processing of 1099 and 1042 tax filings sent to clients

at end of year

. Compile W-8 Bene information from customers to facilitate foreign tax

processing

Trust Officer/ Supervisor- Operations Planning and Control

Apr 1995 - May 2000

. Function as a liaison between business, systems, and operations units

providing guidance for resolving issues and ad-hoc reports requested by

Tokyo Head Office

. Coordinate projects within back/middle office operations which require

workflow and policy/procedure analysis and/or updates

. Managed internal control section performing daily cash and position

reconciliation's, prepared daily cash reports.

. Served as Systems Liaison for the Custody and Corporate Trust divisions

. Acted as a system administrator for In-House banking systems by granting

system access to staff,

trained them on using banking software and other treasury tools.

. Wrote test scripts and implementation plans for all software upgrades

amongst internal and external entities

. Developed and implemented bank performance scorecard program for Trust

Operations Department.

. Performed monthly evaluation of all Trust related services based on

service fee tracking.

. Coordinated with Corporate Accounting to ensure proper recordation of

monthly bank fees accruals.

. Supervised Clearance Section, performed settlements for in excess

of 700 Institutional accounts.

. Developed and implemented automation of DTC settlement activities

facilitating a means in which management had a tool to capture current

settlement status throughout the course of the day.

Accountant - Comptrollers and Information Systems Group

Dec 1989 - Apr 1995

. Startup Accounting/Comptrollers Department for New Jersey Office in which

Expenses and Budgets were tracked, consolidated and reported on for 13

Departments.

. Update and Revise mini-manuals for 12 operational departments

EDUCATION

Saint Peters' College Major: B.S. Accounting (Minor: Business

Administration) May 1991

PROFESSIONAL CERTIFICATION and WORKSHOPS

Certified Treasury Professional (CTP), (Candidate)

Feb 2008- Mar 2008

AMA's Comprehensive Project Management Workshop

Sept 2001- Oct 2001

Biopharma Institute- Installation Qualification

October 2011

Biopharma Institute- Operations Qualification

December 2011

APPLICATIONS/SYSTEMS

BONY/GSCX, DTC, Euro-Clear, SunGard, Tandem, SWIFT, Bloomberg, EUCLID,

Business Objects, CAMS

Microsoft Excel, Word, Access, Power Point, ACCPAC, SUNSTAR, OMGEO, SID,

IMMS, Metavante, Trust Desk

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