Michael Monaco
* ******* ***** ******, *.J. ***31 (813-***-**** ( ab8ww5@r.postjobfree.com
PROFESSIONAL PROFILE
Twenty-plus years of securities processing experience in domestic
operations. Responsible for transactions exceeding several trillion
dollars daily. Strong leadership and team building skills. I am
responsible for cross training and streamlining processes within the
Specialized Services team.
SKILLS
Critical decision making
Strong problem solving skills
Effective writing
Management and supervision
Efficient time management
Effective communicator
Skilled in Excel, Microsoft Word and Access
WORK EXPERIENCE
CITIBANK, Tampa, Fl.
Assistant Vice President June 2007
-Feb 2012
Service five high-revenue producing platinum clients on the domestic
insurance team. Insure timely settlement of trade activity, funds
transfers and client inquiries.
Specialist March 2003 -
June 2007
Processed tri-party repos, collateralized repo processing, time deposits,
securities lending, loan processing, and various bookkeeping
transactions. Conducted cross training within team to establish
sufficient coverage in the event of manpower shortages.
Domestic Insurance Custody Client Service Officer April
1996 - March 2003
. Managed custodial accounts of five major insurance companies and served
as customer liaison for portfolio services. Received customer
instructions on portfolio trades which include Muni-bonds, treasury
instruments, GNMA's equities and foreign securities. Check for validity
and legality; prepared input.
. Coordinated differences that occur daily on portfolio trades between
the customer and Trust Operations in order to resolve and settle on a
same day basis. Interacted with investment advisors, settlements,
income collections, corporate actions and senior management to research
and resolve inquiries related to the portfolio securities and its
maintenance.
. Reviewed daily custodian account journals to verify entries.
Determined why custodian account was overdrawn (if necessary) and
prepared daily and monthly internal reports. Follow-up on receiving
compensating balances for fund errors. Provided technical support as
well as background expertise in the Mutual Fund industry.
UNITED STATES TRUST COMPANY OF NEW YORK -New York, NY
Financial Officer September
1991 - April 1996
Managed staff of five employees, entry level to senior executive, to
insure best practices in servicing high profile clients. Designed and
implemented cross training programs.
Supervisor July 1985 -
September 1991
Supervised seven employees in handling incoming and outgoing money market
instruments and government securities totaling trillions of dollars
daily.
ACCOMPLISHMENTS AND ACTIVITIES
. Citibank Mentoring Program graduate -2007
. YMCA Youth Sports Program - Tampa Florida
Coach and Referee for youth activities and various sports.
. Fair Lawn All Sports - Fair Lawn, New Jersey
Coach and referee for three years for youth activities and various
sports.