PETER KARABATOS
Summit, NJ 07901
**********@*****.***
Experience: New York, NY
ING
**** – 2009 Vice President, Interest Rate Derivatives Marketing
Partnered with banking groups both inside and outside the United States to create customized interest
rate derivative solutions for ING’s clients.
Utilized over-the-counter derivatives to create optimal interest rate and currency risk profiles.
Facilitated USD fixed rate and non-dollar lending by hedging transactions for New York’s treasury
group.
Vice President, Interest Rate Derivatives Trading
Co-managed a multibillion dollar notional value portfolio of interest rate derivatives.
2004 – 2007
Team produced several million dollars of income annually through proprietary trading and the
execution of trades to hedge customer transactions.
Instituted a system to monitor profit and loss by source on positions in real-time thereby improving the
risk management of portfolio exposures.
2003 – 2004 New York, NY
AMERICAN EXPRESS
Director, Global Interest Rate Products Trading
Reinitiated interest rate product trading in the New York center and managed a portfolio of foreign
exchange forwards and interest rate derivatives with a multi-billion dollar notional value.
Revised the global interest rate product valuation model capturing the effects of cross currency and
index basis thereby improving pricing accuracy and the competitiveness of the group globally.
Secured credit lines and built direct dealing relationships with several international market makers of
foreign exchange forwards and interest rate swaps which lead to increased liquidity and reduced costs
for hedging risk.
1998 – 2003 Charlotte, NC
WACHOVIA BANK
Vice President, Non-Dollar Interest Rate Derivatives
Managed a multi-currency portfolio of interest rate derivatives and foreign exchange forwards.
Initiated internal risk management of non-dollar interest rate derivatives and foreign exchange forwards
resulting in several hundred thousand dollars in annual savings in hedging costs.
Involved in the design and implementation of a new derivatives pricing and risk management platform.
Maintained risk reports that outline interest rate, currency, volatility, and basis risks.
Delivered $2 million in average annual revenues through proprietary trading.
Education: New York, NY
NEW YORK UNIVERSITY
Leonard N. Stern School of Business
Master of Business Administration with Distinction, January 2008
Specialization in Corporate Finance and Entrepreneurship
GPA 3.79; GMAT 710
Stern Scholar
Chapel Hill, NC
UNIVERSITY OF NORTH CAROLINA AT CHAPEL HILL
Kenan-Flagler School of Business
Bachelor of Science in Business Administration with Honors, May 1998
Kenan-Flagler Business School Undergraduate Senior Class Representative
Completed honors thesis and graduated with honors and distinction
Additional: Series 7 and Series 63.
Experience with Reuters Dealing, Reuters 3000, Bloomberg, Panorama, Infinity, Summit, Calypso,
CQG, and Microsoft Office.
Conversant in Greek.