Vice President Sales

Location:

Posted:

March 09, 2010

WILLIAM B. MELROSE

EXPERIENCE:

Proprietary Trader Personal Account October 2007- Present

Using my trading skills developed over my career, I was trading my own account of equities, futures,

Corporate and municipal bonds and options. Was able to earn my previous annual salary trading my own

account over the first year. Also consulting local municipalities on swap structures.

Countrywide Securities NY, NY Senior Vice President April 2007 -September 2007

Fixed Income Salesman hired to establish a derivatives marketing effort for Countrywide Securities. Effort

was curtailed by credit crisis which hit Wall Street

PNC Bank, Pittsburgh, PA. Managing Director 1998-2007

Derivatives Trader and Portfolio Manager Products traded included U.S. Treasuries, US Dollar Swaps,

Cross Currency Swaps, Options and Swaptions, FX Options, Financial Futures, Corporate Bonds, Asset

Backed Securities. Activities included: marketing swap and option ideas to sales force, actively hedging and

managing a portfolio of $60 billion in derivatives. Consistently meet or exceeded our annual budget targets.

From 2001 to 2007, increased Dept. revenues fourfold. Prior to trading derivatives, ran a high grade corporate

bond, ABS, and UST portfolio which also included customer flow business.

HSBC Securities, Chicago, IL. Senior Vice President 1997-1998

Fixed Income Salesman Products included U.S. Treasuries, Agencies, Interest Rate Swaps, MBS,

Corporate Bonds, Foreign Fixed Income and Collateral Financing. Transferred from NY to bolster market

penetration for Midwest region. Responsible for educating sales force on new product development.

DLJ Securities Senior Vice President 1996-1997

Fixed Income Salesman Specializing in U.S. Treasury market. Established Central Bank business in U.S

Treasuries, Agencies and Securities Financing. Opened 10 new high profile accounts in first 3 months of

business.

Lehman Bros. Senior Vice President 1989-1996

Fixed Income Salesman Products included U.S.Treasuries and Agencies, Mortgage Backed Securities and

Money Market Instruments. Consistently one of the top two producers in U.S Treasury product area.

Department had the largest market share in U.S. Treasuries making me one of the largest producers on the

street.

S.G.Warburg Securities Senior Vice President 1986-1989

Established, organized and managed U.S. Treasury Desk in London. Responsibilities included marketing and

educating a sales force of 18 people. Always maintained a positive month end profit and loss statement.

E.F.Hutton, Ldn, UK Product Manager/ Vice President 1983-1986

Responsible for actively trading and marketing U.S. Debt Establish a sales desk in U.S. governments and

money markets. Managed department of 5 salesmen and became the firm’s leading money market salesman.

Established Middle East Region and European Central Bank business in fixed income

EDUCATION

Carnegie Mellon University Masters in Public Management 2004

College of William and Mary B.B.A., Business/Accounting

Passed C.P.A. Exam Passed N.A.S.D. Series #7 Passed Series #63