DONNA HERRING
Bronx, New York 10458
ac0au3@r.postjobfree.com
(H) 718-***-****
(C) 917-***-****
SUMMARY
Twenty-seven years of banking operations experience.
Key person in Corporate Actions department specializing in income collections such as: posting dividend, interest, and maturity proceeds with proper tax deductions for US and Foreign securities.
Assisting with creating and implementing income processing procedures.
Responsible for making sure all daily income is processed and reconciled with various custodians.
Starting claims process based on trading activity.
Collecting and/or paying income based on trade activity.
Testing all system updates for income collection component of the SunGard Global Plus Multicurrency Software system.
Expert in several areas of the SunGard Global Plus system, such as: trade processing, security maintenance, and reconciliations.
Key liaison to IT department for system updates, problems, and outages.
SKILLS & ABILITIES
Expert in SunGard Global Plus multicurrency software system.
Subject Matter Expert (SME) for Global Plus setup and maintenance of the Security Master and Corporate Actions.
Working knowledge of Portia v10.0.8 – PROD; and Frontier Securities Admin Workstation 5.1.2 for reconciliation.
Microsoft Excel, Word, and Outlook.
EXPERIENCE
UBS AG WEALTH MANAGEMENT WEEHAWKEN, NJ 07086 2004 – 11/15
Senior Security Specialist
Responsibilities:
Supervised the Income Processing department’s daily operations.
Revised and documented department procedures and processes.
Ensured all processes were completed efficiently and effectively.
Performed research, reconciliation, and processing all income collections events for all currencies and assets with all custodians.
Provided department’s unit testing of Global Plus systems for systems maintenance.
Reported and investigated issues with Global Plus system maintenance updates.
Reconciled cash in all currencies and share differences on Global Plus with custodians based on ex/record date positions.
Initiated income claims receivables and payables resulting from trading activities such as free transfers sales and purchases.
Updated the security master file on Global Plus for correct income calculations.
Provided processing solutions in Global Plus for the Operations department.
Reconciled cash in all currencies and share breaks with custodians.
Looked for processes that could be done more efficiently.
UBS AG Wealth Management Jersey City NJ 06/93 – 2004
Supervisor of Income Processing Responsibilities:
Processed all income and share events for assets held.
Setup corporate action events for dividends, splits, and mergers not received through automation (IDSI, Reuters).
Reconciled Global Plus corporate action events with all custodians.
Verified all data details such as: rate, ex-date, record date, taxes, and share amount in Global Plus with the custodian’s website.
Reconciled all income and share differences for assets held at all custodians.
Prepared client corporate action voluntary and involuntary notices.
Implemented work around processing on Global Plus for exception processing (consents, div reinvest with taxes).
Backup for security master setup and maintenance on Global Plus and Portia systems.
Updated security master file on Global Plus for correct income calculations.
Distributed and tracked client responses by deadline date.
Sent instructions to custodians on action to be taken.
Liaison between Global Plus vendor and system users.
Provided processing solutions in Global Plus for the Operations department.
Sent in Tracker documents to the vendor for all issues and tracked progress.
Provided solutions for error issues that were tested and approved for production updates.
Initiated income claims receivables and payables resulting from trading activity such as free transfers, sales, and purchases.
Reviewed and found processes that could be done more efficiently.
EDUCATION St. Leo University, Florida
Associate of Arts
Major: Business Administration