Manager Customer

Michael J. Emanuele

** ********* ***** ****** **,07731

Cell:917-***-**** Home: 732-***-****

E-Mail: *****@*********.***

Summary: An experienced specialist and supervisor with the ability to

ensure a successful operation in all aspects of futures clearing and

delivery of futures and options on futures. Knowledgeable in many areas of

general business including leadership, customer relations, system software,

mergers, automation and product development.

Program Efficiency:

GMI trading operating system,ICE: eCOPS, WEBCOPS, TIPS, ECS, Cotton EWR

CME,CBT,NYMEX: CLEARING 21, Globex, TMS, COMEX NYMEX EDMS,

General Business: Microsoft Office, Outlook, and Explorer programs, Various

In-House operating systems,

Professional Experience:

ABN AMRO Inc / UBS SECURTIES LLC. New York, NY February 2003-March 2009

Futures Operations and Deliveries Specialist

. Team leader of a staff of three commodity professionals.

. Directly responsible maintaining the company's futures deliveries,

position transfers and futures options department.

. Coordinate and communicate the process through staff, customers, account

executives, contra parties and all exchanges to successfully deliver

futures products on various exchanges.

. Run parallel reports in the GMI test environment comparing output and

make recommendations to IT team on enhancements.

. Updated futures and client static information in booking system.

. Manage PCS close out process including the coordination of the exchange

file submission to exchanges.

. Facilitate the option expiration process in regards to exercises,

assignments, balancing positions between exchanges, accommodating

customer trading initiatives, and proper clearing practices.

. Manage and coordinate large financed commodity transactions between the

customer and the banking departments.

. Advise customers of future and option last trading days and first notice

days to ensure the liquidation of speculative accounts.

. Coordinate and process the transfer of client positions according to

exchange rules and regulation.

. Responsible for all commodity related bills and daily check out of

customer accounts.

. Research and resolve of futures and options breaks to ensure accurate

positions in client's accounts.

. Created personal and professional relationships through constant

interaction between all domestic exchanges and various financial

institutions in futures trading.

. Answer exchange and regulatory queries.

. Assisting management and co-workers in all office functions and general

practice.

. Participation in all New York Futures exchange training and system

development courses.

Barclays Capital, New York, NY 2001-2003

Futures Operations and Deliveries Specialist

. Responsible for the organization's deliveries process and settlement of

customer account option expirations.

. Ensured that all out-trade breaks are accurately researched and ready to

be communicated to "floor" personnel prior to the respective market

openings.

. Advised customers of future and option last trading days.

. Coordinated the brokerage billing procedures via ATOM and various inter-

company tools.

. Daily check-out of customers accounts trading activity.

Resolved breaks on trade date plus one.

PAINEWEBBER Inc. / UBS Warburg LLC. New York, NY 1999-2001

Delivery and Third Party Collateral Department Manager

Supervised staff of two commodity professionals.

Responsible for the organization's deliveries process and settlement of

customer account option expirations.

Reengineered the third party collateral process.

Advised and provided assistance to the clearing operations manager in

regards to all unresolved or potential problems.

Handled customer inquires to provide a successful business relationship.

. Balance and process client collateral held by third party custodian

banks.

. Became the audit liaison for the futures group by performing functions

through provision of documentation, and explanations upon request.

Michael J. Emanuele

Merrill Lynch Futures, New York, NY. 1980-1999

* Collateral Department Manager 1996-1999

. Processed and monitored investments of customer funds pledged to global

exchanges.

Maintained proper levels of collateral at global exchanges and or clearing

houses.

. Monitored and coordinated settlement of reverse repo transactions.

. Expedited the movement of collateral between inter-company custody bank

accounts.

Initiated instructions to transfer cash due to security redemption's and

coupon payments.

. Coordinated settlement of securities transactions via FED, DTC & PTC.

. Reconciled and resolved principle, interest and coupon payments.

. Developed and maintained specific internal reports for various

departments.

. Balanced and processed client collateral held by third party custodian

banks.

Reconciled bank and customer collateral on a daily basis.

Audit liaison functions include providing documentation, and explanations

upon request to the internal audit department, finance team and other audit

groups.

* Futures Delivery Department Manager 1994-1996

.

Supervised staff of four commodity professionals.

Responsible for the organization's deliveries process and settlement of

customer account option expirations.

Advised clearing manager of any unresolved or potential problems.

Coordinated and resolved all customer account inquires in regards to the

operation of the department.

*Clerk and Broker Assistant 1980-1994

Ensured all out-trade breaks are accurately researched and ready to be

communicated to "floor" personnel prior to the respective market openings.

Assisted in all aspects of the delivery process.

Resolved breaks on trade date plus one.

Guaranteed all correction notices and branch office correction requests are

researched and properly responded to with 24 hour period according to the

guideline of the firm.

Responsible for the coordination and distribution of all orders.

Communicated daily with the back office team on reconcilement of mis-

matched trades;

Integral in organizing and problem-solving heavy volume order execution

support for 5 Floor Brokers;

Interfaced with clients and brokers to report on price movements and to

disseminate information on market strengths/weaknesses to facilitate sales.

. Systems and Break Sheet Clerk

. Commodity runner

Contact this candidate