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Management Manager

Location:
Minneapolis, MN, 55410
Posted:
November 01, 2010

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Resume:

Neil Fider

**** ****** ****** *****, ***********, MN 55410

Phone: 612-***-**** Email: abifgh@r.postjobfree.com Web: Linkedin

Hudson Highland Group, Inc. - Minneapolis, MN - 2009 to current

Consultant to Wells Fargo & Company, (Corporate Treasury group) 2009 to

current

Project work relative to global corporate debt, investment, funding and

derivatives portfolios. Current, and future, emphasis on integration of

large Wachovia merger, as well as two trading systems conversions - one

for debt and derivatives and the other for assets (Wallstreet Suite,

FOCUS, Bloomberg, Excel, Word)

Gap in Employment - Chose to stay home with our new and multiple small

children - 2004 - 2009

Wells Fargo & Company - Minneapolis, MN - 1994 to 2004

VP - Financial Planning and Analysis, (Corporate Treasury Finance group)

2003 - 2004

Supported new analytical initiatives, helped develop risk management

expertise and integrated forecasting and budgeting functions for a fixed-

income investment portfolio in excess of $30 billion and borrowings in

excess of $100 billion (QRM, FOCUS, Excel, Word, PowerPoint, Bloomberg,

Oracle/Hyperion Essbase)

. Modeled and forecasted future positions and income, under multiple

economic and interest rate scenarios, using quantitative risk

management systems

. Directed various systems engineers through the building process of an

automated, aggregating system for outstanding long-term debt and

derivative positions to provide a one-stop, FOCUS database solution to

individual trade detail scarcity

. Results provided guidance to senior management, as well as the

Asset/Liability Committee (ALCO) charged with presentation to

regulators, on short- and long-term investment portfolio and hedging

position decisions in an efforts to take advantage of changing market

conditions and to smooth income

VP - Investment Performance Analysis, (Investment Management and Trust

Group) 2001 - 2003

Maintained the investment portfolio performance measurement and

quantitative analysis function for approximately $60 billion of high net

worth, managed investment accounts (PerformanceStation, Excel, Word,

PowerPoint, GIM2, Bloomberg, ILX, AIM, Access, Crystal Reports, SQL)

. Created and administered inter-company and inter-client composites,

attribution analysis and benchmark establishment and maintenance in

accordance with trade association standards

. Led the systems vendor relationship management and training of

portfolio manager field users after the massive data conversion from a

legacy system to SEI's PerformanceStation

. Monthly and periodic return data and results were scrubbed via SQL

data transfers to Excel where statistical outlier returns could be

examined or repaired

. Results were analyzed and presented to clients and management in

cooperation with marketing and portfolio management staff

VP - Capital Markets Trader, (Corporate Treasury Global Funding Group)

1997 - 2001

Modeled, forecasted and positioned company-wide funding and liquidity

before, during and after the Norwest takeover of Wells Fargo in 1998

(Excel, Bloomberg, Reuters, YieldBook, PowerPoint, Word)

. Traded a $30 billion portfolio of short-term inter-bank Fed funds,

Eurodollar deposits, fixed income securities repurchase agreements

(including MBS), wholesale CDs and FHLB advances

. Issued medium term notes and long-term debt, as well as shorter term

commercial paper

. Traded and documented, for ALCO, the areas OTC and exchange traded

interest rate derivative products used to satisfy company funding or

hedging strategies, including hedging of a portion of the mortgage

companies portfolio of mortgage servicing rights - including shock

analysis

. Expanded models for integrating various internal organizational

position data into the overall company funding position and projection

model used to make overall, day-to-day trading decisions

. Managed the relationships with the company's most material position

influencers to ensure clear and decisive funding projections were

provided to our group, via timely data-feeds, to ensure the best

execution of our wholesale position covering trading activity

. Managed the company's capital markets presence and relationships with

the broker/dealer community, global inter-bank community and the

federal reserve system for risk management objectives

. Took part in mergers and acquisition due diligence and integration

FX Trading Accounting/Settlements Manager, (Global Risk Management Group)

1995 - 1997

Managed the large corporate client, and inter-bank counterparty, foreign

exchange trading, delivery and settlement accounting during a time of

growing annual revenue and transactional volume (SWIFT, WorldTIES,

Bloomberg, Excel, Word, PowerPoint, Phoenix)

. Improved settlement process of foreign currency trades through 80

foreign and domestic correspondent relationship accounts in over 100

currencies by implementing systems oriented account monitoring

procedures which helped reduce penalty compensation costs 90% during

my tenure

. Assisted with the implementation of a new, fully automated systems

platform to provide accounting for the foreign denominated derivative

products portfolio sold to corporate clients and the offset hedge

positions with global investment banks

. Managed the growth and success of a proprietary software system

(WorldTIES) supplied to corporate clients to initiate in-house foreign

currency wire transfers and bank drafts by improving the procedures

for investigating, negotiating and resolving global settlement

conflicts with foreign and domestic counterparties and correspondent

financial institutions

Corporate Treasury Finance/Accountant, (Treasury Operations Group) 1994 -

1995

Maintained the publicly pledged collateral portion of fixed income

securities, as well as inter-affiliate security loans, from the $14

billion corporate treasury investment portfolio to accommodate trading

activity and banking regulations (FOCUS, Bloomberg, SWIFT, Bolt, Excel,

Word, PowerPoint)

. Effectively reduced the function's headcount from two people to one

person in the nine months on the job by automating most activity

through existing database capabilities

. Significantly improved the department's ability to monitor, and free-

up, pledged securities to accommodate quick and large securities sales

by creating, naming and saving FOCUS database query scripts that could

be used by current and future less technical staff for repetitive

reporting activities

. Greatly improved the relationship management process with 50+ external

securities safekeeping agents, as well as the various internal

customer relationships by automating the contact management process

using Excel, Word and common database applications

EDUCATION:

B.S. Accounting (Finance Emphasis) 1993

St. Cloud State University, St. Cloud, Minnesota



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