Roosevelt, NY 516-***-**** (H)
917-***-**** (C)
E-mail:
********@*****.***
ERSHAD SATTAR
Employment Experience
**/****- **/**** ******** Bank New York Jersey City, NJ
Associate/Agency Deal Administrator : Leveraged/Real Estate
Manage a loan portfolio of approximately 50 DB Syndicated deals on Loan IQ;
Assist with leading the closing of complex leveraged finance transactions and
execute loan documents;
Execute the close of transactions from start to finish, working with Loan Operations
to ensure they are informed timely of each transaction;
Interpret Credit Agreements and Amendments and build new deals including amendments
and closing fees;
Reconcile interest, fees and compensation as related to the loan and assignment
agreements;
Interact with Traders, Relationship Managers, and Loan Operations staff of various
banks including Deutsche Bank;
Handling of routine operational support, syndicate coordination etc.;
Managed both Commercial Mortgage Backed Securities and Berkshire portfolios for Real
Estate and
Resolved all customer and agent bank inquiries including complex transaction
inquiries.
Total Return Swaps(TRS) and Distressed Loan Products
Credit derivatives specialist in TRS, Fixed Income Prime Brokerage, Distressed
products;
Booking new trades and serving as a trader assistant for 3 desks: Global Prime
Services, Synthetic Equity and Distressed Desk;
Closing trade, prepare pricing, and calculate P&L for existing positions;
Setting up primary and secondary trades via LSTA and LMA docs utilizing Loan IQ;
Coordinated monthly swap settlement of economics among 20 TRS clients and assisted
them with all questions and inquiries;
Liaison between traders and clients to have smooth transactions and settlements;
Review, finalize and fund trade closings for TRS, par and distressed debt and
Clear TRS breaks and Cash reconciliation breaks on a daily basis
07/1997- 02/2007 Mizuho Corporate Bank [Formerly Dai-ichi Kangyo Bank] Jersey City,
NJ
Assistant Vice President / Business Operations Planning & Project Management
Assessed risk and evaluated controls of existing business processes to ensure that
adequate and effective controls were maintained and functioning as intended;
Worked with F/X and Treasury Operations Groups to assist in streamlining data
processes;
Designed efficient controls using automation to mitigate inefficiencies and reduce
the probability of errors;
Assisted with developing project execution plans, obtaining appropriate resources
and coordinate the responsibilities of staff;
Organized development of business unit schedules for annual business continuity
documentation; and
Assisted business units with assessment of potential business impact inefficiencies.
Officer / Control Unit
Communicated with Senior Management to create, develop and implement department
policies and procedures;
Created a bank reconciliation system (BRS) and related user manual to reduce the
number of open items on the firm's Nostro bank accounts;
Automated manual processes for business units' specific to loan and trade processing
and, account documentation;
Assisted with projects including UAT, Migration and, Customer Consolidation;
Facilitated and coordinated periodic ACBS data clean up;
Create ad-hoc metrics for management reporting to evidence past due interest and
principal payments;
Loan Supervisor
Managed and supervised a staff of ten people;
Performed periodic employee appraisal and review;
Supervised account administration and processing for 150 client accounts [agented
and non-agented loan facilities];
Distributed daily work, maintaining daily position, verifying loan and loan fees,
Letter of Credit fees, signed for incoming and outgoing fed wires;
Interact with different bank division to coordinate all loan transactions such as
borrowings [loan drawdowns], rollovers, repayments and amendments; and
Assisted in the development and implementation of the new version of ACBS for
Mizuho.
Education 9/2005 - present Bernard Baruch
College New York, NY
Bachelor of Science (Accounting) - expected 08/2011
Skills
Loan IQ, G-Base, IBOS ACBS, IBIS, Panagon Reports, Urbis, MTS, Intellistor Microsoft
Office and, Lotus Notes, TRS System (Total Return Swaps)
Outstanding communication, presentation and sales skills