Management Data Entry

JOSEPH PORTA Home: 609-***-****

* ******* *****

Cell: 732-***-****

Clarksburg, NJ 08510 E-mail:

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

SUMMARY OF QUALIFICATIONS:

Inventive and decisive Professional Management/Consultant offering years

of diversified operations, management and training experience in the

financial industry. History of managing day-to-day operations, process

development and implementation, budget forecasting, compliance/internal

auditing, procedure documentation and work flow analysis. Problem solver

who thrives on challenges and gets the job done. Skilled in training and

providing guidance to others.

SPECIALTIES

International and Domestic Cash & Stock Dividends ABS P & I Volentery

Corporate Actions Trade Support P&L G/L Bank Reconciliation

Brokerage Accounting Consultative Services Portfolio Accounting

Strategic Solutions Stock Record Reconciliation Staff Management

Fived Income Interest Drips Accounts Receivable/Payable Mutual

Funds Reconcile and Analyze Internal House Accounts Stock Loan

Reconciliations Compose Daily Work Flow Procedures

PROFESSIONAL EXPERIENCE:

Nov - Oct / 2011 Morgan Stanley - Domestic Corporate Actions Dividends and

P&I

Consultant Corporate Actions Dept and domestic Dividends and ABS P&I

. Work as part of a team analyzing and processing cash dividends and

ABS P&I

. Ensuring timeliness and quality of dividend announcements.

. Generating appropriate bookkeeping entries for entitled holders.

. Reconciliation and resolution of receivables and payables.

. Responsible for the compilation and distribution of various management

and regulatory reports as well as being responsive to internal and

external queries.

April - July/ 2009 Morgan Stanley - International and Domestic Corporate

Actions

Consultant Foreign Corporate Actions Dept and domestic Dividends

. Research and recover aged and current receivables for the

dividend and voluntary corporate actions departments.

. Research and identify rightful ownership of aged and current

domestic/international cash and stock dividend Payables.

. Research unidentified rightful ownership for cash dividend

checks payable to Morgan Stanley

2004/ 2008 Nomura Securities - International Corporate Actions

Manager Corporate Actions, Domestic/Foreign Dividend Dept and Trade Support

. Engaged in all phases of operations relating to the

securities/banking industry. Corporate trust, brokerage

clearance,

Mutual funds, P&I reconciliation, conversion, DTC

reconciliation, including ADR, cash and stock distributions,

ACATS, stock record, research and recovery, income and cost

audits, P&L financial statements, development management

of policy guidelines and procedural text, assets, valuation,

trade corrections, management of audit teams.

. Management and reconciliation of asset servicing events: cash,

optional and stock dividends, forward splits and spin-offs, DRIPS, for

all US, ADR, Canadian, Euro and Latin American bonus distributions

. Oversee daily processing of all domestic and foreign dividend

related issues including voluntary corporate actions

. Reconciliation of Stock Loan positions and Open Fails, research and

resolve cash and stock breaks

. Processing claims for and against the Firm (from outside banks and

brokers)

. Develop, implement, maintain, query databases to identify and

resolve aged Receivables & Payables

. Reconstructed Aged Receivables and Payables to identify

equitable ownership.

. Manage relationships with trading desks, developing new ideas and

improvements to increase client satisfaction

. Interact with depositories, paying agents, regional offices, clients, and

other banks and brokers

. Balanced Mortgage Back Bond Trades, Reconciled bond interest, GNMA,FNMA

principal and interest

. Controlled the collection and disbursement of MBS principal pay downs and

coupon interest

. Coordinate with project and IT teams on continuous improvement

of both systems and operational processes/controls

. Monitor internal control accounts, to ensure clients and

proprietary trading desks receive the appropriate asset postings

. Processed physical transfers, restricted stock, DTC deposits,

and DWACs

. Composed Daily procedures for Physical transfers, and Corporate

Actions research and collections

. Monitoring distribution of various management and regulatory reports such

as volume and risk analysis

2003/ 04MetLife Bank - Wealth Management Division

Consultant

. Implemented procedures and regular schedules for reconciling asset

positions in house and created a system to oversee and ensure timely

reconciliation on assets held by SEI Private Trust Corporation

. Created a Daily Reconciliation and Exception reporting procedure to

monitor and reconcile General Ledger, Suspense, and all House Control

Accounts.

2000/03 EQUISERVE

Consultant

. Reconciliation of Corporate Actions and cash payments for

Citigroup Inc. including a Master funding account and cash checking,

ACH and wire payment account.

. Reconciling shareholder positions for ADR's and U.S Corporate

Actions, reducing liability. Certifying proper funding and payment to

the bank and vendor and reconciling internal and external accounting

procedures is an ongoing function.

. Validated and reconciled differences derived in conversion from

the ACS Tender and Reorg system to the Colbent system.

. Prepared 1099b and 1099 dividends forms for corporate action

exchanges, redemptions and dividends. Reconciled different vendor

systems and payments. Insured that payments and exchanges were in

proof, and in accordance with IRS regulations. Identified foreign

source income and taxation on ADR's and foreign corporations verifying

data and reconciling differences.

. Managed and trained 40 associate consultants and selected

employees in the Corporate Actions Department Responsibilities include

validating the accuracy of research and report liabilities to upper

management.

1999/00: Merrill LYNCH CORP.

Consultant

. System testing and developing: projects consist of scripting,

data entry and validation of input for a new Margin data entry

. Developing web screen designs for end user and for clients to

access their security accounts via the Web.

. Validating system reports for accuracy. Created a end user guide

for the new applications

Additional Skills

In-depth knowledge of DTCC PTS Functions, SIAC, and other depository

dividend processing routines, systems, and methods for all functions. Sound

reconciliation and analytical skills with understanding of systems

dependencies and downstream financial impact.

Strong communication skills (both written and verbal) to interact with

external contacts at agents, and to interact with internal clients up to

the officer level. Proficient in use of Windows operating systems, MS

Office, Outsource systems, including LOANET, ADP, DTCC PTS Functions,

NTAPS, PeopleSoft, Swift Interface Systems, ketc-offsite-Hostaccess, SEI

Trust 3000, Rumba, Globeman, PIMS, ICI, Bloomberg, Xcitek, Recon,

Advantage, Gold Mine, Incore, Colbent, ACS, Extra (CPI) system and numerous

internal operational systems

References

Upon request

Contact this candidate