ROBERT C. CRANE
abhzr8@r.postjobfree.com
*** **** ******* ** 571-***-**** (H)
Falls Church, VA 2046 347-***-**** (C)
PROFESSIONALEXPERIENCE:
CAPCO Inc, Washington, DC
Senior Consultant
2010
• Consult to client for efficient correction of mortgage to MBS cash flow
exceptions.
• Analyze Business Requirements versus Production System Code for
opportunities to test, modify and improve existing code. Develop Test Strategy
and Test Plan for continuous monitoring and mapping of cash flow solutions.
BANK OF NEW YORK MELLON, New York, NY
VP Securities Operations - VP User Acceptance Testing
1998-2009
• Manage software projects from Business Requirement Document through
Release to Production. Gather requirements, design test cases, execute
testing, regress application to achieve bank goals and incorporate business
rules across diverse areas such as; global trade entry, Euro conversion, global
tax accounting, global online corporate actions.
• As VP UAT manage all test case design and problem resolution, consult with
developers, end users and stakeholders to achieve project acceptance.
Projects managed using CMMI and SDLC guidelines, including waterfall, spiral
and evolutionary SDLC approaches.
• Interact with technology, product and test personnel in releasing innovative
applications. Very handy at interfacing between client service need and
development team. Hold standing meetings to include stakeholder feedback
and manage issue triage/delegation and change control. Author requirement
traceability matrix.
• Employ a range of global test talent to open problem log and confirm
technology fixes.
• Brought new online global trade entry system successfully into bank
production through functional, integrated, acceptance and regression testing
efforts. Client trade entry needs achieved while incorporating global trade and
settlement requirements.
• Chief Test Architect for global Online Corporate Actions project. Create and
circulate Test Design and Plan; manage global team of Corporate Action
SME’s across functional, integrated, acceptance and regression testing prior
to successful release to production.
• Manage database conversions into bank. Develop automated processes in
XML (macros) to edit, maintain and quality control mainframe database and
online applications efficiently.
• Review and test global SWIFT financial messaging across departments in
compliance with release requirements. Control and fix exceptions.
• Manage official shareholder communications and proxy requirements of
bank’s custodial clients in compliance with SEC and FDIC dictates. Ensure the
bank’s activities meet standards of transparency and accountability as
required by bank’s internal audit staff and regulatory SEC/FDIC audit. Engage
external and internal council to confirm requirements met seamlessly across
various global applications.
• Manage the business requirement document process so that information
made available to bank management in timely fashion. Create and distribute
Release Notes to specify changes being made to environments.
DTC PARTICIPANTS TRUST COMPANY, New York, NY
Quality Assurance Analyst
1996-1998
• Managed the quality assurance of advanced software applications.
• Composed UAT test cases, manage UAT testing.
• Undertook Proof of Concept testing of new software products; produce final
assessment.
• Provided Mortgage Backed Security expertise during PTC’s expansion of
security clearing operations from simply GNMA’s to include Freddie
Mac/Fannie Mae securities.
FANNIE MAE - FEDERAL NATIONAL MORTGAGE ASSOCIATION,
Washington, DC
Senior Financial Analyst-Portfolio Management
1994/1996
• Incorporated SQL procedures to access asset liability relational database.
• Designed, developed and ran corporation's mortgage portfolio earnings model.
Analyzed portfolio earnings forecasts across various interest rates, business
growth and stress scenarios.
• Applied expertise in mortgage prepayment behavior; created model
forecasting portfolio run-off.
• Provided financial advice and application support to Information Technology
staff in modeling complex mortgage products, such as CMO REMICs, I/O
strips, P/O strips, and ARM securities.
Consultant
Financial Technologies Inc, Apex Securities, New York and Washington
1991-1994
• Wrote Unix code and tested Trust Accounting System.
• Authored financial articles for newsletter.
• Traded CMO and MBS for clients.
CENTURY MORTGAGE COMPANY, Lincoln, Rhode Island
Vice President-Secondary Markets
1990-1991
• Managed secondary market transaction, mortgage underwriting department,
and quality control operations.
• Worked with state and federal regulators to determine value of bank's
portfolio.
AMERIBANC SAVINGS BANK, Annandale, Virginia
Vice President-Capital Markets
1988-1990
• Analyzed, priced and recommended capital market transactions for large
Federal savings bank.
• Managed day-to-day market position; set daily mortgage rate/point offerings
and recommended and priced new mortgage products.
• Participated in development of bank strategy; member of Executive,
Asset/Liability, Mortgage Banking and Cash Management Committees.
• Proposed and managed initial and subsequent AA mortgage securities
offerings, initial tax advantaged REMIC CMO, and initial ARM security.
• Consulted with investment bankers and outside council to ensure security
release success.
FREDDIE MAC - FEDERAL HOME LOAN MORTGAGE CORPORATION,
McLean, Virginia
Senior Trader, Hedge Management, Mortgage Securities; Senior Financial
Analyst
1983-1988
• Employed financial hedges to protect the value of Freddie Mac's retained
mortgage portfolio and mortgage pipeline from changes in interest rates.
• Responsible for trade execution, mortgage hedge performance and
departmental reports.
• Created Monte Carlo simulation framework to compute mortgage price and
duration statistic across various levels of interest rates and interest rate
volatility.
• Analyzed cash/futures relationships, mortgage-backed spreads and option
volatility in development of hedge strategy.
• Priced all adjustable rate mortgages purchased by Freddie Mac. Priced
mortgage portfolios sold to Freddie Mac for use in the agency's collateralized
mortgage obligation issuance program.
• Quantified the financial characteristics of Freddie Mac's mortgage purchase
and securitization activities.
• Measured and evaluated the financial risks associated with proposed and
existing securitization programs.
• Developed computer-driven models to simulate the corporation's mortgage
and security cash flow.
• Provided consultation and support on design and pricing of mortgage-backed
securities. Developed simulation-based ARM pricing model.
UNITED STATES POSTAL RATE COMMISSION, Washington, DC
Senior Rate Analyst
1980-1983
• Closely reviewed all dockets and testimony regarding proposed rate change to
all classes of mail.
• Reviewed all client interests versus laws extant per class and type of mail.
Attended all regulatory hearings.
EDUCATION:
• M.B.A., Finance Concentration, Syracuse University
• B.A., Syracuse University, Magna Cum Laude
• PMP, Boston University, Enrolled
CERTIFICATIONS/LICENSES:
Licenses: NASD Series 7, Series 63;
Certificate of Completion, Northwestern University, Interest Rate Risk
Management
Certificate of Completion, Bank of New York Mellon, Advanced Anti-Money
Laundering
Certificate of Completion, WSI, Internet Marketing Professional
Coauthor. "Pricing Rate-Capped ARMs" Secondary Mortgage Markets, Vol. 2,
Summer 1985.
Coauthor. "Adrift in FRMs" Secondary Mortgage Markets, Vol. 3, Fall 1986.
Various References
Mr. Mark W. (202)448- abhzr8@r.postjobfree.com Senior Lobbyist The Cornerstone Washington, Dist of
Murray 9528 Group Columbia
Mr. Don (703)903- Don_rindler@freddiemac Chief Economist Freddie Mac McLean, VA
Rindler 3060
Ms. Phyllis (212)815- abhzr8@r.postjobfree.com Vice President - IT Bank of New York New York, New York
Hershon 7191 Mellon
Ms. Joanna P (202) 306- abhzr8@r.postjobfree.com Senior Counsel - Federal Trade Washington, Dist of
Crane 3258 Identity Theft Commission Columbia
Mr. Joe Lee (212)815- abhzr8@r.postjobfree.com Vice President - IT Bank of New York New York, New York
5974 Mellon