System Specialist
Resume:
ANTONIO U. TOLENTINO
Union, NJ 07083
Home: 908-***-****
Cell: 908-***-****
Email: ******@*******.***
OBJECTIVE To obtain a position in Operations Settlement where my computer
and business skills, as well as my past work experience
will lead to mutual benefit and professional growth.
EXPERIENCE
April 2007 CALYON SECURITIES, Iselin, NJ
January 5, 2009 Security Lending Specialist
. Processing daily automated borrow returns in Loanet
and late returns in DTC.
. Monitoring and issuing recalls in ARMS, preventing
firm being exposed to stock loan buy-ins.
. Resolving contract compare issues due to rate breaks,
corporate actions or lot or cash breaks.
. Booking International trades in SWIFT and CITIBANK
system.
. Settling pre-pay International loans and borrows and
mark charges with counterparties in DTC and Fed Wire.
. Reconcile 180 reports (loanet versus DTC) after DTC
drops.
. Contact counterparties, reorg department and other
departments to validate information, initiate
inquiries, follow-up, research and resolve issues as
necessary.
. Approving monthly rebate charges in Loanet agreed by
counterparties.
. Coordinating with reorg department any corporate
actions as a result of stock merger, cash merger or
name changes.
. Constant interaction with traders on trade issues or
special request.
. Utilized Phase 3/Sunguard system for stock record and
CINS inquiries.
. Resolving unsettled international trades by
contacting bank agents and counterparties.
June 2005 - AIG GLOBAL INVESTMENT GROUP, New York,
NY
April 2007 Security Lending Administrator
. Overseeing exposure of collaterized loan by mark to
market.
. Processing daily loan returns and new loans in Global
One and instructing clearing banks.
. Monitoring settlement issues from clearing banks such
as uninstructed return, DK loans or unmatched shares
and money.
. Issuing FED and DTC recalls to various brokers due to
sale in various investment funds.
. Setting up securities in Global One for new holding
in the bank.
. Ensuring trade instructions have been received by
banks through SWIFT system.
. Handling corporate actions.
. Resolving unsettled international trades by
contacting bank agents and counterparties.
December 2004- PRUDENTIAL FINANCIAL, Newark, NJ
June 2005 Sr. Security Lending Operations Fixed Income
. Monitoring and resolution of settlement issues,
assisting in gathering investment data as needed and
confirming trades and answer phones as required to
handle issues impacting the trading desk.
. Reducing under collaterized loan by marking up price
against counter parties.
. Knowledgeable in operational support requirements for
the Securities Lending business, fixed income
products, fixed income markets and investment
strategies.
March 2000 - CHARLES SCHWAB & CO., INC. Jersey City,
NJ
December 2004 Operations Specialist II, International Settlement
. Coordinating with contra brokers in matching
settlement instructions for all International trades.
. Issuing fed wire payments for international trade
settlements.
. Resolving SIM and TOA department inquiries on
unresolved fails.
. Identifying unmatched SPO charges in the GL clearance
account versus fail account.
. Researching stock record breaks between Schwab and
Merrill.
. Uploading foreign instructions using Merrill Lynch
ATLAS system.
. Coordinating with Reorganization department in
setting up corporate actions.
. Manage International buy-in process to reduce risk
exposure.
. Demonstrated high level of proficiency with Bloomberg
and DTC.
Operations Specialist II, Stock Lending
. Prioritize stock borrows return through Loanet and PTS
System.
. Resolve stock loan contract compares to facilitate
stock delivery and mark price.
. Process loan termination against contra brokers to
cover CNS fail, SEG deficit and DVP fails.
. Adjust stock loan positions as a result of corporate
actions such as stock dividends, cash mergers or stock
mergers.
. Execute stock loan buy-ins as required by risk
management.
. Balancing loanet and DTC after drops.
. Process auto borrow and mark to market on a daily
basis.
. Process CNS Miscellaneous cuts and projection reports.
. Updating DTC Income tracking.
. By committing contract consolidations by various
brokers, department was able to save about $80,000 a
year from Sunguard charges.
Operations Specialist I, Fail Control: Domestic Settlement
. Executed buy-ins against failing brokers to cover SEG
deficits to avoid regulatory violations.
. Well-developed sense in matters of escalation in
issues representing risk to the firm regarding ACATS
and ex-clearing settlement for domestic, foreign, and
prime broker fails.
. Learned DTC/NSCC settlement process establishing a
working relationship both inside and outside the firm.
. Processed incoming ACAT reversals to limit firm
liability of NYSE extension risk.
. Managed fail control buy-in issues against broker-to-
broker, Institutional broker and Prime broker fails to
receive.
July 1999 - March 2000 METLIFE SECURITES, Iselin, NJ
Correspondent II - Stock Redemption Dept.
. Facilitated transfers Investment Advisor's managed
assets to Metlife by collaborating with mutual fund
companies.
. Arranged money withdrawals for clients by maintaining
ACHI systematic investment withdrawal system through
ADP system.
. Assisted in opening client account, account transfer,
or stock redemptions.
Sept 1997 - July 1999 DLJdirect, INC, Parsippany, NJ
Investor Support Services: Operations Department
. Resolved client transfer account issues regarding new
accounts and check requests.
. Administered back office operations providing support
to Traders.
. Handled customer's withdrawal request in the
cashiering department.
. Review and approve new account applications from
prospective applicants.
COMPUTER Proficient in Microsoft Excel, Microsoft Word, Word Perfect,
Microsoft PowerPoint,
SKILLS Microsoft Access, Lotus Notes, and Microsoft Outlook.
Familiar with Bloomberg Workstation
EDUCATION KEAN UNIVERSITY, Union, NJ
Bachelor of Science in Business Management
LICENSES Series 7, 63, and 24
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