Engineer Management
Resume:
WILLIAM LUM
Forest Hills, NY *1375
(H) 718-***-****
******@*****.***
Work Experience
**** - ********* ** *** ****, NY
**** ********* ********* ******
Developed applications in the Bloomberg System. In the first five years, I was in the Trading System
which provided the comprehensive trading platform for financial institutions. In the past four years, I was
in the Fixed-income Calculations group which supported and developed the core calculations for fixed-
income securities.
• Trading System – Developed Risk Worksheet to allow custom drilldown and aggregation for
books. Interacted with other trading system functions, including Trading Worksheet, Pricing
Engine, Position Database. The applications required backend engine and front-end user-
interface within the Bloomberg environment.
• Fixed-income Calculations – Developed calculations for different kinds of new bond types for
different markets or countries. Examples are Armenia, Kenya government bonds. Enhanced
the features of existing calculation, such as the handling of business days to call for callable
bonds. Implemented and maintained common Bloomberg functions such as YA, BXT, CSHF.
1997 - UBS Stamford, CT
1999 Associate Director, Financial Systems Management
Supported currency and precious metal options trading system. Options system included tally, risk
management, exercise/assign tool and volatility broadcasting. Successful projects included
• Completed the Stamford move for trading systems from New York and Chicago offices.
• Integrated the currency options trading positions for UBS/SBC merger into SBC system.
• Accomplished the 1998 Euro conversion for the currency options system.
• Built the currency options support team in Asia to cover Singapore, Tokyo and Hongkong offices.
1996 - ORACLE CORPORATION New York, NY
1997 Managing Principal Consultant, Financial Services Consulting
Consulting practice for analytics and technology implementation for the financial industry, including
capital markets, risk management, banking and fund management. Commerzbank, AG in Frankfurt,
Germany was the major client. I established the profit/loss and value-at-risk reporting to meet both
economic and regulatory requirements. Managed the data mapping process from front-office trading systems into risk
data warehouse.
1995 - ING (U.S.) CAPITAL MARKETS, INC. New York, NY
1996 Vice President, Trading Market Risk Management
Developed risk system to calculate value-at-risk for merging market debt and derivatives in the
Summit system environment.
1993 - BEAR STEARNS & CO. INC. New York, NY
1995 Vice President, Department of Financial Analytics and Structured Transactions
Derivatives analyst for sales and trading department. Priced securities for traders and structured
new products. Managed programming staff to develop trading system. Coordinated project tasks
with network, database and screen developers.
• Used lattice method to model bond options with term structure of volatility and smile.
• Implemented delta hedge and performed scenario analysis for bond options trading.
• Analyzed treasury bond futures with term structure and the cheapest-to-deliver basket.
1992 - MERRILL LYNCH & CO. INC. New York, NY
1993 Advisory Analyst, Global Risk Management Group
Determined the firm's trading positions and monitored market exposure for derivatives securities
in trading areas such as equity options, currency options and structured notes.
• Used implicit finite difference methods to price exotic equity and currency options, including
barrier, compound, two-asset options.
• Evaluated money market floating rate notes and swap-generated products.
• Hedged cash flows with euro-dollar futures contracts.
• Investigated volatility of equity, currency and index options with historical data.
• Distinction: Special Achievement Award for pricing $100 million knockout options.
1990 - PRUDENTIAL CAPITAL MANAGEMENT Newark, NJ
1992 Associate Manager, Quantitative Research Group
Evaluated and implemented trading strategies for fixed-income portfolios.
• Developed yield-curve statistical analysis for treasury bond and strips arbitrage.
• Determined portfolio optimization for pension fund accounts.
• Created customized benchmark to measure portfolio performance with market index.
• Generated cash flows for mortgage-backed securities with static prepayment of CPR or PSA.
1989 PRINCETON UNIVERSITY Princeton, NJ
AFRAPT Fellow, School of Mechanical Engineering
Received air force fellowship to study combustion simulation in the Ph.D. program. Designed jet
engine blade as a Ph.D. intern/Assistant Research Engineer at United Technologies Research
Center in East Hartford, CT.
1987 - NCR CORPORATION Ithaca, NY
1989 Design Engineer, Printer Engineering Division
Evaluated printing mechanism, designed paper-feed mechanism and examined print-wire stress
level using computer aided design, finite element analysis. Prepared proposal and estimated cost
for a new high performance printer aimed at the European and Japanese markets.
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Education
PACE UNIVERSITY New York, NY
The Lubin Graduate School of Business
1994 Master of Business Administration (part-time MBA) on Financial and Portfolio Management
Project: Used Monte Carlo Simulation to model lookback options.
CORNELL UNIVERSITY Ithaca, NY
Sibley School of Mechanical and Aerospace Engineering
1986 Bachelor of Science (BS) with Ellenwood Distinction. Dean's List
1987 Master of Engineering (MEng) with Collyer Fellowship
Concentration: Fluid mechanics and numerical methods to solve Navier-Stokes equations.
Skills C, UNIX, Spreadsheet, Fortran, SQL, knowledge of C++
Fixed-income analytics, derivative modeling, option pricing, risk analysis, term-structure modeling
Languages Speak, read and write fluent Cantonese, knowledge of Mandarin
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