Management Sales

Mehreteab Solomon

T: 347-***-**** E:

***********@*****.***

Operations Associate - Derivatives Market

Forward-focused, accomplished senior operations professional with

demonstrated success in risk management and reporting experience.

Tremendous analytical skills and detailed oriented who consistently applies

business analysis and critical thinking skills to enhance existing

operations. Strategic problem-solver who envisions smart solutions and

executes with urgency across all levels of the organization. Outstanding

strategist that is able to create and maintain effectiveness in highly

competitive business markets. Professional strengths include:

Pricing & Valuations Collateral Risk & Reporting Portfolio

Reconciliations OTC Derivative Positions

Counterparty Credit Risk Derivatives Management FX Options P&L

Reconciliation Risk Reporting

Technology Deliverables General Ledger Team Leadership SOX Testing

Organization & Communication

PROFESSIONAL EXPERIENCE

Bridgewater Associates/BONY Mellon, Westport, CT

2011 - Present

Operations Associate

Brought on board to leverage broad competencies in operation risk, process

optimization and productivity improvement in order to implement strategic

organizational goals. Primarily responsible for reducing operational and

credit risk by providing daily reconciliation to account managers on

counterparty collateral. Review collateral assets and work closely with

Legal and Credit Risk to determine terms of arrangements negotiated.

Key Responsibilities

. Responsible for pricing and valuations on all traded OTC products,

process margin calls, coordinate cash and security collateral

exchanges, sweeping of cash to custodians and investing short-term

cash.

. Perform daily, weekly and monthly portfolio reconciliations of OTC

MTM, Minimum Thresholds and resulting Collateral call.

. Maintain eligibility criteria and account static in Collateral

Management System (TriOptima) and perform daily control and re-margin

checks on OTC derivative positions.

Key Achievements

. Hand-selected to oversee the team's trade support and operate functions

as they relate to daily collateral risk and reporting.

. Leveraging a solid understanding of counterparty credit risk through

legal collateral agreement (CSA/ISDA), manage derivatives, FX, FX options

exposures with posted or pledged cash, securities and other instruments.

JP Morgan Chase, New York, NY

2005

- 2011

Fixed Income Specialist (Product Control &Trade Support)

Progressive record of achievements with increasing responsibility leading

the operational effectiveness of Product Control and Trade Support.

Analyzed, monitored and provided controllers for operation risk for JP

Morgan Chase North America Fixed Income Trade Desk and liaised with

Marketing, Sales and Trading Desks.

Key Responsibilities

. Responsible for risk reporting and front office reconciliation,

investigated all P&L breaks with the G/L and coordinated month-end

price verification to report accurate market values during month-end

close.

. Maintained controls around outside broker commission sharing

agreements, ensured secondary research payments were wired and

processed and maintained client revenue monthly controls.

. Key member of team responsible for assisting on the trading floor by

performing reconciliations, settlements, confirmations of trade

captures, bookings of trades and deal with trade breaks.

. Communicated with clients to confirm trade details, coordinate client

trials and address queries.

MEHRETEAB SOLOMON

PAGE TWO

JPMorgan Chase continued...

Key Achievements

. Performed P&L reconciliations of front office estimates to actual for

Basis, Prop and Bear Stearns Legacy Books, including Fed Fund, OIS,

Prime, T-bill, CP, CPFin, 1mth, 3mth and 6mth libor swaps.

. Subject matter expert for technology deliverables, testing and post-

implementation monthly reviews.

. Selected to perform quarterly and annual SOX testing for Basis Products

and Curves.

. Assisted with the release and change management process of Markitwire for

Basis Swaps in Production/UAT environments.

. Worked on the migration of Washington Mutual, Inc. and Bear Stearns

legacy books, capturing the correct risk and P&L.

. Enhanced control framework of the team by working with the front and

middle office groups to establish robust threshold checks and exception

tracking processes for each product the group supports.

. Analyzed and researched system applications thoroughly during testing to

identify system errors.

Citigroup, New York, NY

2003 - 2005

Derivatives Specialist

Recruited to work with Citigroup Legal in order to create specialized

templates on Credit Default Swaps confirmations for client's

specifications. Liaised with Trading Desk and Compliance Group to minimize

the company's risk to liquidity in the market. Reviewed confirmations and

compared core economics and details of trade with counterparties and

brokers. Investigated and resolved discrepancies with traders and

counterparties.

Key Achievements

. Prepared and drafted OTC derivative trade confirmations in support of the

Firm's credit rate derivatives businesses using ISDA and non-ISDA forms.

. Created daily Excel reports of outstanding confirms for the confirmation

matching group.

. Managed all confirmations until affirmed and executed, and applied

knowledge and understanding of past deals to ensure the appropriate

priority of aged items to reduce risk.

. Handled all confirmation needs in addition to meeting company's internal

confirmation policies regarding record keeping, escalation and track

deals.

. Presented daily report of unrecognized trades to mid and senior level

management, marketers and traders in order to obtain resolution.

EDUCATION

Bachelor of Science in Management, Concentration: Information Systems &

Finance - 2002

Wallace E. Carroll School of Management, Boston College, Chestnut Hill, MA

Contact this candidate