Manager Management

Jay Spitzer

Operations specialist relating to brokerage back office securities and settlement processing

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

Summary

Currently seeking employment in the financial securities clearing industry. I am ready to work in either NY or

California and also willing to relocate for the right position. I am available for consulting or full time direct hire.

Experience

Consultant at STP Advisory Services, LLC

January 2012 - Present (1 year 7 months)

Assist legal team regarding trade detail for compliance purposes. Prepare trade history for specific time

frames and clients. Ensure proper guidelines are adhered to.

Operations Specialist at New Edge USA, LLC

2001 - 2011 (10 years)

Purchasing, pricing,sales, office management

2 recommendations available upon request

Operations Specialist at Newedge USA Equity Clearing

March 2001 - December 2011 (10 years 10 months)

Settlement Manager Responsible for the daily processing of settlement, reorganization, dividends,

reconciliation, cash balancing, stock loan, NSCC clearing, and physical transactions. Managed a staff of eight

employees. Supported operational system migrations, conducted cost studies, provided technical training,

interacted with various internal and external customers/partners to resolve time-critical and high risk issues.

Set challenging cost-savings and operational improvement goals for several departments, and followed

through to completely and successfully accomplish them. Participated in User Acceptance Testing from

proprietary platform to Sungard ( Phase 3 ) and Geneva. Initiated recommendations and proposals for systems

enhancements aimed at continually improving production and quality efficiency of the department. Overall

responsibility for defining and implementing structured communications and knowledge transfer to upper

management using innovative resources such as audio/video, podcasts, simulation tools, E-Learning, and

conference webinars.

Senior Training Specialist at Depository Trust Company

January 1996 - March 2001 (5 years 3 months)

Responsible for producing and delivering training to DTC's Participants and Investment Managers for all

services. Consulted on operation inefficiencies and recommended short and long term solutions. Managed

client revenue base for new and added value services. Coordinated and participated in industry conferences,

seminars and customer focus groups to know your client and competition. Relocated to the San Francisco

field office in 1998 to better serve our west coast clients.

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Senior Program Analyst at Depository Trust Company

January 1992 - January 1996 (4 years 1 month)

Worked with Operations (Securities Processing) and Information Services as a liaison to enhance and

produce applications and reports to effectively support the department. Became familiar with COBOL, DB2,

CICS, and JCL allowing me to expand my knowledge and help in meeting internal development goals.

Supported product managers and corporate service relationships and formed cross functional representation

to help define business goals.

Supervisor at Depository Trust Company

January 1985 - January 1989 (4 years 1 month)

Responsible for a staff of seven employees, ensured the timely processing of securities discrepancies between

Participants, Transfer Agents, and DTC. Monitored daily and weekly reporting of statistics, maintained and

reconciled uncollected dividend and interest accounts with large dollar balances that were under heavy

scrutiny by internal and external auditors. Established and maintained quality and productivity benchmarks

for the department.

Skills & Expertise

Corporate Actions

Settlements

DTC

Prime Brokerage

Collateral Management

Securities

Back Office

Bloomberg

Equities

Reconciliations

Transaction Processing

Trading Systems

Reconciliation

Brokerage

Asset Management

Dividends

Confirmations

Client Service

ETFs

Confirmation

Account Reconciliation

Settlement

Investments

Fixed Income

Financial Services

Trading

Mutual Funds

Asset Managment

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Currency

FX Options

Electronic Trading

Middle Office

Market Data

Financial Markets

Equity Trading

Options

Relationship Management

Bonds

Global Custody

Operational Risk

Structured Products

Education

Brooklyn College

BA, Economics, 1971 - 1976

City University of New York-Brooklyn College

BA, Economics, 1971 - 1976

Interests

Involved in youth baseball as an umpire and coach.

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Jay Spitzer

Operations specialist relating to brokerage back office securities and settlement processing

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

2 people have recommended Jay

"I have had the pleasure of working with Jay both as a co-worker and as a service provider. Jay is an expert in

all aspects of securities processing, possesses a strong background in the securities industry, has operational,

managerial, relationship management and IT experience. The complete package. A dedicated worker, Jay

pushes the limits for his customers and delivers extraordinary service to his customers. He would be a geat

addition to anyone's staff."

Joseph Clemente, Operations Manager, Depository Trust Company, worked with Jay at New Edge USA,

LLC

"I have known and worked with Jay for many years and have always been confident in his abilities

throughout our working relationship. I never had any doubts that he would handle even the most difficult

situations with the utmost professionalism. Jay has consistently handled himself in a excellent manner with a

high degree of integrity. He is a terrific, hard working and highly motivated individual that has always added

value to a relationship. Based on my interactions with him over many years, I would not hesitate to

recommend him as any business would be fortunate indeed to have him on their staff."

Rich Warner, SVP / Commercial Banking, Citibank, was with another company when working with Jay

at New Edge USA, LLC

Contact Jay on LinkedIn

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Contact this candidate