Management Manager

Paul T. Bott

** ******* *****

Bohemia, NY *****

Mobile: 516-***-****

Home: 631-***-****

Email: p ac0so7@r.postjobfree.com

EXPERIENCE

Pershing LLC (affiliate of Bank of New York Mellon), Jersey City, NJ Director/Senior Manager Treasury Group

Apr 2014 - Jan 2017

● Responsible for both the domestic and international day to day funding, cash management and overall liquidity requirements / obligations for the entire firm.

● Performed analyses of Pershing’s balance sheet structure to evaluate liquidity and funding risks emanating from the firm’s business activities; this included stress testing

(monthly/intraday), resolution planning, adhering to fed ratio requirements (Basel 3, LCR, NSFR), identifying significant items consuming liquidity and presenting net interest income

(actual vs plan) results.

● Prepared and presented ALCO (liquidity) packages/playbooks to senior management covering topics including: balance sheet developments, liquidity and bank loan funding positions, foreign exchange swaps, 15c3-3 Customer & PAB deposit requirements (25 banks in the program), 15c3-1 capital requirements/FOCUS reports, margin requirements at Financial Market Utilities (DTCC, NSCC, FICC, MBSD, GSCC, OCC & Euroclear) and margin term loans with 40 Act and Hedge funds.

● Responsible for the collateral optimization of Pershing’s DTCC box; includes preparing secured funding reports by counterparty and credit limits; worked closely with the firm’s Collateral Trading & Funding Group, Prime Services and Operations /Gov’t Clearance on funding customer inventory (treasuries, corporates, munis, etc).

● Active participant on combining a bank/brokerage custody platform into a single service offering; this included business development, relationship management, client service and technology.

● Active participant on Pershing’s key operating committees; ALCO, Credit, Possession & Control, Interest Rate/Pricing and Business Acceptance Review. Provided invaluable support and guidance to help drive operational excellence.

● Worked closely with relationship management teams to develop new business and provide financing solutions to existing introducing broker dealers.

● Enhanced the customer experience by offering remote check deposit as well as mobile check deposit capabilities.

Director / Mana ger Treasury Group

Jan 2005 - Apr 2014

● Managed a staff of 6 treasury professionals responsible for forecasting & funding, 15c3-3 Customer & PAB deposit maintenance (satisfied with cash and qualified treasury securities via reverse repo), coordinated non-USD forward swaps to lessen end of day domestic funding positions by $1 billion plus, arranged for and maintained all committed/uncommitted lines of credit totaling $10 billion, international funds consolidation movements, financial reporting

(monthly accruals/reconciliations).

● Responsible for monitoring and deciphering daily cash flows in excess of $4 billion.

● Managed investments and deposits as required by regulatory bodies; ensured all funding requirements (cash and securities) were adhered to on a daily/timely basis. Served as the primary liaison to internal and external examiners to ensure firm compliance with regulatory rules related to customer protection and firm liquidity.

● Introduced numerous efficiencies in the Treasury function and took responsible steps to significantly increase interest income.

● Evaluated / maintained Policies and Procedures (P&P’s), Written Supervisory Procedures

(WSP’s) and Business Continuity Plan (BCP); identified control weaknesses and implemented changes as warranted.

Vice President Treasury Gro up

Apr 1995 - Jan 2005

● Managed the cash requirements for all Pershing business units by forecasting cash positions and coordinating the cash flows with funding personnel. Ensured sufficient cash requirements were available to meet operating requirements and investment goals.

● Positioned and mobilized funds in excess of $1 billion while at the same time minimizing end of day idle funds.

● Acted as security administrator for various treasury applications while performing system and database management.

● Coordinated the funding activities surrounding the firm’s debt payments, syndicate offerings and various ad hoc transactions.

● Management responsibilities included hiring, training and supervision of staff, system entitlement reviews and completion of performance evaluations.

● Bank relations responsibilities consisted of maintaining all bank account documentation, negotiating bank fees, reviewing services rendered, maintaining a database for all bank accounts with corresponding signing authority delegation, approving bank fee payments and developing / maintaining solid relationships with bank officers. Assistant Vice President Treasury Group

Apr 1994 - Apr 1995

● Responsible for the firm’s retail cash management effort. This included acting as the primary bank relationship coordinator for all opening and closing of Pershing check deposit, check disbursement, wire, operational and 15c3-3 accounts. Also included was comprehensive documentation requirements (including positive pay, netting and “no lien” letter agreements).

● Acted as a source of cash management expertise in relation to the banking system and the underlying transactions of all business units. Resolved day to day cash flow issues and problems within time critical banking deadlines.

National Financial Services Corporation (Fidelity Investments) Manager Treasury Operations

Apr 1992 - Apr 1994

● Managed the firm’s domestic local depository network that included 300 bank accounts held at more than 200 banks. Responsible for the firm’s branch office cash flows, which included an average daily ACH concentration of approximately $125 million and disbursement requirements of $50 million per day.

● Responsible for the data collection of key funding information on a daily basis in order to ensure smooth end of day funding positions.

● Worked closely with the firm’s Relationship Management Team and Conversion Account Managers when new customers converted onto the firm’s platform.

● Supervised and coordinated the duties / projects of 3 cash management analysts. EF Hutton/Shearson Lehman Hutton

Senior Treasury Analyst

Jun 1986 -Apr 1992

● Responsible for negotiating and selecting banks as providers of products and services; met with bank officers regularly to comprehensively review compensating balance levels and evaluated cost effectiveness of all services offered. This included check deposit/lockbox, control disbursement/positive pay, wire transfer and operational/ZBA accounts. Maintained and kept current a database with monthly account analysis data for each bank account; produced effective ad hoc reports for senior management.

● Implemented, monitored and enforced cash management firm policies and procedures. Served as the central source of bank information to the regional branch office network as well as other branch locations.

● Responsible for managing all compensating balance activity in all firm bank accounts. Prepared monthly tier one and tier two account analysis reports on excess /deficit accounts, float factor statistics and balance management. Made all decisions on ACH drawdown assumptions based on same day check deposit data.

Barclays Bank International Limited

Bank Operations Analyst

Jan 1981 - Jun 1986

● Duties included bank reconciliation, interbank compensation, investigations, paying & receiving, cash management and credit analysis.

EDUCATION & LICENSE

● St John’s University- Bachelor of Science- Business Communications

● FINRA Series 7 (General Securities Rep) & Series 24 (General Securities Principal)

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