Treasury / Collateral Management
Resume:
BRADFORD A. DIORIO
Pleasantville, NY 10570
**************@*****.***
Seeking a position in
TREASURY MANAGEMENT / COLLATERAL MANAGEMENT
Highly experienced and accomplished relative value arbitrage trader with a
record of achievement improving the financial performance of investments in
fixed income and government securities. Ideally suited to improve the value
of investments and liquidity of treasury assets.
Proven organizational development skills utilized in establishing and
profitably managing trading and arbitrage operations supporting the trading
of U.S. Treasuries, Agencies, as well as in the hedging of spreads in
financial futures. Skilled in providing leadership in internal finance and
operations staffing. A responsible steward of balance sheet as large as $3
billion.
Knowledgeable in a variety of trading strategies including yield curve,
butterfly trades and off the run arbitrage. Adept in exploiting aberrations
in the yield curve to markedly improve return on investment.
CORE COMPETENCIES
Portfolio Management . Bond Arbitrage . Relative Value . Fixed Income
Management
Market Risk Management . Financial Transaction & Trading Management .
Electronic Trading
Securities/Repo Lending . Government Bonds. Regression Analysis . Spread
Sheets
Financial Record Keeping . P&L Management . Money Market . Execution,
Settlement & Clearing
PROFESSIONAL EXPERIENCE
Coast Asset Management, LLC, Rye Brook, NY
2000 - 2012
Hedge Fund
Managing Director
Responsibly and adroitly managed up to $3B in investments while effectively
holding long and short positions in treasury securities utilizing Bloomberg
and Tradeweb. Interacted daily with repo desk locking up term collateral to
cover shorted issues, as well as reconcile monthly P/L reporting. *
. Developed and executed trading strategies that entailed creating a
portfolio of securities that maximized auction concession as well as
breaks on the curve and employed regression analysis.
. Profitably conducted yield curve arbitrage on a duration weighted basis.
Ensured minimal yield curve exposure by utilizing WI, current and
secondary issues.
. Established additional counterparties for trading and financing lines.
Averaged a 5.3 to 1 risk/reward with minimal VAR.
*Complete monthly P/L performance for twelve years at Coast available upon
request.
BRADFORD A. DIORIO PAGE TWO
Glickenhaus & Co. Inc., New York, NY
1998 - 2000
Broker Dealer
Fixed Income Trader
Developed and executed Trading strategies included yield curve, butterfly
(auction) trades and off-the-run arbitrage as the sole trader rehired on
government securities desk after earlier exiting the firm in 1992 after
seven years.
Tokai Securities Inc. New York, NY
1993 - 1998
Broker Dealer
Managing Director
Managed proprietary yield curve arbitrage utilizing current and secondary
issues, as well as Euro strip. Served as a Market maker of Tokai Bank
Japan, as well as N.Y. customers. Approved Finance and OPS staffing
matters. Stewarded a balance sheet of $1 billion.
. Consistently ranked as the most profitable trader from firms inception to
closing of broker dealer.
CAREER NOTES
Early career success with Marc Rich & Co as a trader building a repo desk
for financing all securities, Glickenhaus & Company as a Fixed Income
trader and with Genesis Capital as a Limited Partner with launching and
developing a successful bond department as well as managing daily operation
of financing, trading and P&L for bond arbitrage.
. Traded the basis, cash and carry and arbitraging of government bonds.
. Traded conversions, straddles, strangles, and neutral hedges in T-Bond
options.
. Hedged spreads in precious metals, financial futures and stock index
futures.
. Arbitraged NYFE vs. S&P 500 Index on dollar weighted basis.
EDUCATION
BS, Marketing and Finance
Mercy College
Dobbs Ferry, NY
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