Michael J. Archer
*** ******* ****** *********, *.J. 07631 ( (H) 201-***-**** (C) 201-220-
**** ( ***************@*****.***
OPERATIONS / ACCOUNTING
20+ years experience in financial service operations. Well versed in all
areas of operations, accounting functions as well as the rules and
regulations that govern securities lending. Ability to accurately oversee
and monitor a high volume of financial transactions including financial
statements, reconciliations, control reporting and issue resolution. Also
participated in the evaluation and revamping of systems to address
expanding business needs and new technology platforms.
PROFESSIONAL EXPERIENCE
JP Morgan Chase, New York, NY 1989 -
Present
Securities Lending Department; Senior Processing Analyst (1992-Present)
. Monitor the flow of capital into the Securities Lending program and
detailed tracking of capital by individual investor account
. Investigate and resolve account discrepancies
. Reconcile the actual delivery and receiving of securities to the
projections posted in the system to ensure proper transaction completion
. Daily reconciliation of two securities tracking systems
. Prepare monthly income statements for monthly income posting
. Investigate loans outstanding which do not comply with customer
collateralization guidelines
. Posted refreshed investment rates to calculate accurate investment
earnings. Worked at a later date to replace the posting system with an
automatic updating system
. Designed the output reports for the investment tracking system
. Worked closely with clients and colleagues to answer questions on
accounts and resolve issues
. Participate in operations and accounting reengineering projects to
accommodate higher transaction volume and changing technology platforms
. Led several individual and bulk conversions of financial information from
one information technology platform to a new information technology
platform. Conversion activity generated by account openings and closings
and merger activity
Broker Loan Department; Analyst (1989-1992)
. Receiving and delivering collateral based on loan value and margin
requirements
. Booking loan values into the lending system and posting proceeds to
broker accounts
EDUCATION
Bachelor of Science; Specialization in Marketing
Glassboro State College, Glassboro, NJ