Frank Garofalo
Email: abmrvl@r.postjobfree.com
Hoboken, NJ 07030
(732) 221 - 0900
Professional Experience
BNP Paribas
January 2008 - Present
Securities Lending New York, NY
. Supply side bank and broker/dealer coverage for the firm's house and
conduit businesses
. Coverage of Equities, ADRs, ETFs, Corporate Bonds and Treasuries in
terms of securities lending supply
. Trade with street-wide counterparties in order to cover house needs
and deliveries
. Refinancing of house and conduit positions by actively seeking more
advantageous rates through various street wide contacts
. Cover same-day recalls and buy-ins in order to reduce exposure and
mitigate risk
. Provide mid-day and end of day cash figures to internal Treasury desk
. Daily P&L calculations and analysis on a per position and over all
basis; as well as reporting to upper management
. Develop and maintain new and existing relationships at all of BNP's
counterparties
. Manage all rate changes, as well as, contract compare between BNP and
all external counterparties on a daily basis
. Work with technology, operations and several other internal groups in
order to develop and implement new projects and automate daily
processes
. Additional responsibilities for the International Securities Lending
desk; such as, returns, pre-pay schedules and recalls / buy-ins
Bank of America Securities January 2007-January 2008
Credit Trading, Middle Office New York, NY
. Work with Credit Traders and Trading Assistants to calculate and
analyze P&L on a daily basis
. Coverage of an array of fixed income products such as Corporate Bonds,
Credit Default Swaps, Interest Rate Swaps and Treasuries
. Ensure that all prices, risk, fees, marks and trade direction have
been accurately booked by the Front and Back Office and resolve all
such trade discrepancies
. Perform comprehensive risk analysis based on daily, monthly and
quarterly P&L drivers and trends
Deloitte & Touch June 2006-January 2007
Collateralized Debt Obligations - Securitization Group New York, NY
. Create excel based models to calculate all cash flow distributions of
a CDO deal as well as various collateral testing criteria
. Review client prepared reports for complete and accurate information,
as well as, perform agreed-upon-procedures related to collateralized
obligations
Entrepreneurship Experience
STILL NYC December 2006-December 2007
Investor / Partner New York, NY
. Investor in popular Gramercy restaurant & bar
Internship Experience
Cohen Specialists July 2005-August 2005
American Stock Exchange Trading Floor Clerk / Research Assistant New
York, NY
. Valuations and research for all of our listed companies, including
capitalization structure and other key statistics
CIBC World Markets May 2005-July 2005
Convertible Bond Sales & Trading Intern New York, NY
. Analyzed company SEC filings and created research reports that were
sent out to all traders and the institutional sales force on a daily
basis
Morgan Stanley September 2004-April 2005
Wealth Management Intern Conshohocken, PA
. Built and established relationships with all current and prospective
clients on a day to day basis via telephone and email
Smith Barney November 2001-August 2004
Financial Planning Group Intern Shrewsbury, NJ
. Cost basis analysis for many individual client accounts as well as
generation of leads and business opportunities through new and
existing client relationships
Education
St. Joseph's University Graduated May 2006
Bachelor's of Science in Business Administration (Cum Laude) Philadelphia,
PA
Major: Finance / Minor: Economics
Cumulative GPA: 3.56
Academic Honors: Dean's List, Honors Program, McGowan Scholarship
(Finalist), National Society of Collegiate Scholars
Leadership: Pi Kappa Alpha Fraternity (President, Treasurer), Student
Senate, Student Union Board, Orientation Leader,
St. Joseph's University New York City Alumni Council
Committee Member (since December 2006)
Licenses
. Series 7 & Series 63
Activities and interests
. Music (Guitar & Piano), Cards, Reading, New York Sports