Management Office
Resume:
Arif Fazal
Princeton NJ, 08540 USA
********@*******.***
PROFESSIONAL SUMMARY
A dedicated Financial Services Career Professional with a can do attitude,
broad base experience and applied knowledge in middle office & back office
operations. Proven leadership, management and strong relationship building
skills. High level responsibilities consist of executing credit derivative
trades, managing trade risk and communicating with Counterparties, creating
reports for senior management. Provided support and training for junior
analysts. Accountable for managing specific assignments associated with
client on-boarding, client support and merger/acquisition.
EXPERIENCE
HSBC, Credit Derivatives Operations Specialist
10/10-Present
New York, NY
. Ensure all Credit Derivatives trades are processed correctly and
flow in DTCC/Deriv Serv electronic matching platform in a timely
manner and investigate any exceptions.
. Assist offshore team in Malaysia in resolving aged trade
breaks by liaising with counterparties and act
as a main point of escalation.
. Perform trade reconciliation between internal trade booking
system and counterparties files.
. Prepare Copper and month end MIS reports to be reported to
regulators.
. Ensure all trades are captured correctly and notify FO of
any misbookings and errors.
. Draft and dispatch Credit Event Notices in case of a credit
event.
. Prepare outstanding trades report for Senior Management and
trading desk and notify them of unaffirmed
trades on a daily basis.
. Work closely with front office in identifying potential P&L impact
by reconciling against Trade Blotter,
Trade Recaps, Confirmations, and Novation Consent in order
to reduce economic risk to the bank.
. Participate in UAT in order to roll out new and enhanced
applications for the group.
MetLife, Financial Service Representative
05/10-10/10
Lawrenceville, NJ
. Created and implemented business development strategies to
attract new clients.
. Evaluated financial information obtained from clients to
determine the products and services best suitable to meet their
financial objectives.
. Marketed various Insurance and financial products to new
prospects.
. Analyzed, and continually reviewed financial plan designed to
help clients pursue their long-term goals.
JPMorgan, Associate (Formerly Bear Stearns, VP) - DTCC
Group 07/06- 03/09
New York, NY
. Monitored status of CDS, CDX, ABX and Tranche trades submitted
to DTCC platform for auto matching and rectifying breaks.
. Booked Economic/Non-Economic amendment and ensure trade
blotter is updated correctly.
. Worked closely with Broker Dealers and Buy-Side clients in
affirming trades.
. Managed relationships with globally located banks, hedge
funds and contacts at DTCC.
. Assisted in meeting the firm's obligations with regard to
industry targets that are enforced by the regulators.
. Liaised with various in-house groups such as front office,
credit, legal, documentation group to resolve trade
discrepancies.
. Assisted Front and Middle Offices in identifying any risks
associated during the migration process from Bear Stearns
internal system Calypso to JPMorgan systems.
. Prepared various reports for Middle Office and Trading groups.
. Participated in weekly industry wide calls with broker dealers
ensuring all the discrepancies are resolved.
. Interacted with senior management on daily basis, assume
additional responsibilities and lead status meeting.
. Team leader for a group of 10 members.
Morgan Stanley, Associate - Prime Brokerage Group
02/06-07/06
New York, NY
. Responsible for trade confirmation and resolving trade breaks in
DTCC/Deriv Serv electronic matching system.
. Booked daily CDS trades into the in-house trading ticket system
ensuring correct position and cash values.
. Followed-up with Broker Dealers on trade discrepancies and took
appropriate steps to confirm trades in DTCC in a timely manner.
. Developed and maintained Client and Broker Dealer relationships.
. Answered Queries from Operations and documentation team.
. Monitored client and broker trade submissions and notified
counterparties of any exceptions.
Bear Stearns, Confirmation Specialist (10/04 - 02/06)
11/03 - 02/06
New York, NY
* Drafted outgoing trade confirmations for CDS, CDX and Tranches,
reviewed incoming documentation and ensured all ISDA
confirmations matched trade tickets.
* Liaised with Traders and Marketers to ensure that all trade
discrepancies have been resolved promptly.
* Interacted with counterparties to resolve trade discrepancies
and followed-up on outstanding issues.
* Assisted with reports and projects as required by senior
management.
* Provided insight to senior management to improve workflow.
Bear Stearns, Documentation Coordinator (05/04 - 09/04)
New York, NY
* Assigned Daily New Trade Volume to Confirmation Specialists.
* Circulated weekly Outstanding Reports to the Middle and Front
Offices.
* Analyzed deal tickets, resolved trade discrepancies and took
necessary steps to resolve the issue.
* Assisted in various ad-hoc projects from middle office.
Credit Derivatives Consultant (11/03 - 05/04)
New York, NY
* Processed trades identified and matched reference numbers and
updated the internal database.
* Documented and Executed credit derivatives trades in the in-house
system.
* Participated in weekly team meetings to discuss various ad-hoc
projects assigned to the team.
* Provided assistance in training new associates (workflow and
processing).
EDUCATION
Rutgers University B.A Information Technology & Informatics,
October 2002
New Brunswick, NJ
PROFESSIONAL CERTIFICATION
Licensed Life and Health Insurance Producer in NJ and NY
FINRA Series 6
SKILLS
Microsoft Excel, Word, PowerPoint, Bloomberg, Markit, Scrittura, ACT, Lotus
Notes, DTCC, Calypso, Murex.
LANGUAGES
Fluent in English, Urdu and Hindi
Contact this candidate