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Management Insurance

Location:
Freehold, NJ, 07728
Posted:
October 22, 2012

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Resume:

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.



Contact this candidate