THOMAS M. WALSH PMP
Old Bridge, NJ 08857 ******.*******@*****.***
www.linkedin.com/in/thomaswalsh12
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SUMMARY
Accomplished Operations and Project Manager in the financial industry.
Recognized for implementing innovative systems to enhance financial
operations from project initiation through post-production management.
Skilled in managing both technical projects and operational personnel.
Proven ability to lead teams of creative professionals to achieve focused
results that control risks, surpass client expectations and increase
profitability to the firm.
. Derivative Products . Project Management
Professional
. Management Information Reporting . Outsourcing
. Business, Technical and Client Liaison . Staff / Client
Learning & Development
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PROFESSIONAL HISTORY
Bank of New York Mellon, New York, NY 2001 -
July 2010
Vice President, Outsourcing Services
Managed a start-up team of professionals as a provider of the highest
quality outsourcing product for all types of Derivative transactions.
Derivative Operations
. Managed the successful implementation of a major client, providing
Derivative Outsourcing Support. Fully operational with Credit Default
Swaps, Interest Rate Swaps, Total Return Swaps (CDS, IRS, TRS) and
exchange traded Futures on time and within budget.
. Managed the New York Derivative Outsourcing Middle Office, in all aspects
of the lifecycle events for both exchange traded Futures and over-the-
counter derivative products (CDS, IRS, TRS). Developed process that
exceeded client expectations with risk controls that resulted in no
operational errors over a 12-month period.
. Determined staffing needs and hired employees for a successful production
cut over.
Project Manager
. Project Manager for the business line in the successful implementation of
electronic straight-through trade processing for OTC derivatives in New
York. This eliminated the manual trade input and the associated risks
that accompany this function.
. Lead role in creating and presenting Derivative Service Level Agreements
(SLA) to the Outsourcing Clients. SLA was approved and provided basis for
a successful product delivery.
. Authored business specifications in the areas of Futures, Options,
Interest Rate Swaps, Credit Default Swaps, Total Return Swaps and FX
transactions. Received business sign-off on specifications.
. Designed and delivered presentation to top tier management for project
funding, maintained and reported the capital plan throughout course of
project.
. Supported application quality assurance team across many platforms in the
scripting and execution of regression, system pairs, user acceptance and
production parallel testing, all areas of SDLC.
Business, Technical and Client Liaison
. Business Analysis on the custody integration project. This was a highly
visible role that successfully integrated two legacy BNY platforms.
. Defined the project scope, conducted user walk-through of proposed
production processes and tracking deliverables to the client, which
resulted in the successful system integration.
. Proactively used my knowledge base to resolve issues in the areas of
trade messaging, transaction processing, revaluations, broker
reconciliations, client data warehousing, accounting, settlements, third
party custodian correspondence and performance feeds.
. Reviewed technical functional specifications with both in-house
technology teams and third party platform vendor, negotiated with vendor
and reached agreement on licensing and costs.
. Created user training manuals, successfully conducted end user training
sessions.
. ISDA subject matter expert with the marketing and sales teams providing
proposals for Outsourcing Services and participating in Client
presentations.
Thomas M. Walsh
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Deutsche Bank (formerly Bankers Trust Services, Inc.), Jersey City, NJ
1998 - 2001
Vice President, Management Information Reporting
Managed a team of programmers successfully increasing the efficiency and
frequency of information reporting from once a month paper reports
provided to the senior managers, to daily electronic mailings specific to
each line manager's function.
. Introduced a start-up MIS group providing information status on the
Global Securities Custody area of Bankers Trust. This included volume
and age reporting of fails, cash variances and position breaks across
all areas of custody.
. Coordinated information specifications with the business line.
. Managed the technical development of Visual Basic databases,
successfully reducing the time by 97% to provide vital operational
statistics to upper and middle management.
CITIBANK N.A., Long Island City, NY
1992 - 1998
Assistant Vice President, Derivatives System Project Team (1995 - 1998)
Derivatives Operations Manager (1992 - 1995)
Tenure at Citibank was divided, first as an operations line manager in
the Capital Markets Group, then as a senior member on a project team
which resulted in the successful implementation of a new derivatives
trading platform.
Converted and implemented the Citibank Derivative System for New York
Capital Markets.
Actively sought and developed new procedures to improve efficiency and
comply with corporate policies.
Published system specifications to meet needs of both New York and
Canadian users, eliminating the need for separate systems.
Implemented a single site North American back office processing plan for
Interest Rate Swaps.
. Managed the trading operation unit for Interest Rate Swaps,
supervising a staff of nine.
Maintained Citibank's No.1 ranking with its derivative customers ensuring
correct processing of structured deals with seamless communication to the
customer.
Developed a concise MIS report to highlight the daily business activity
and potential problems, reducing by two hours per day the time spent
resolving and responding to front office concerns.
ADDITIONAL RELATED EXPERIENCE
Investment Support Systems, INC., Bloomfield, NJ
Applications Specialist, Derivatives Module Customer Support and Training
Merrill Lynch Co., New York, NY
Managed Mortgage Backed Securities Trade Processing Operations
Managed Derivatives Trading Operations
EDUCATION
University of New York at Albany, BS in Finance with a minor in Economics
CERTIFICATIONS & PROFESSIONAL ASSOCIATIONS
Certified Project Management Professional (PMP)
Member, Project Management Institute (PMI)