Sal Badalamenti
Brooklyn, New York 11214
Home: 347-***-****
****@***.***
SUMMARY
Operations Processing Professional with extensive experience with Broker Dealer and Securities transaction. Excels in prioritizing daily functions and dealing with multiple deadlines and high volumes of work. Detail oriented, with strong analytic, research and communication skills. Able to differentiate, process and reconcile transactions; research inquiries; review time-sensitive and complex documents. Recognized as a team player who can work independently in a fast pace changing environment. Can deliver exceptional client service. Quick learner and focused on results. 2 years brokerage, transfer agent or trust operations experience. Knowledge of Lotus 123, Bilingual (Italian / English)
PROFESSIONAL EXPERIENCE
JP MORGAN CHASE, New York, NY 1989– 2018
Operations Processing Associate-Senior (2000 – 2018)
Broker Dealer Clearance/Netting Dept.
Responsible for over $40 Billion of activity, over 200 trades & up-to 150 transaction daily
Trade input, trade validation of tri-party Repo transactions in Investor Cash Management Sys (ICMS)
Completed the verbal / written confirmations with counterparties regarding the failing trades
Investigated & resolved rate brakes / inaccurate trades, performed various analysis
Assured all wires / trades are executed properly in timely manner, improved STP rate from 63% to 92%
Created / generated daily trade blotter for investors, initiated wires and monitored cash activity
Performed single/cross dealer netting activities for investors to settle trades
Reconciliation of trade tickets to the system, prepared periodic & ad hoc metrics/compliance report
Successfully automated reconciliation process of trades, reports production & other mundane task, able to allocate funds to clients account, trade support reconciliation between house and clients' accounts.
Sal Badalamenti Page 2
Senior Securities Specialist/Broker Dealer Clearance (1996 – 2018)
Executed the customer(s) unmatched or pending transactions (buy/sales)
Processed customer requests and answer inquiries on securities transactions.
Reversed all overnight Tri-Party loans.
Reviewed, interpreted and executed customer instructions in the receipt of delivery of sensitive documents or Securities.
Worked with securities clearing via Federal Reserve Bank, Euro clear, Canadian Depository, and Depository Trust Company.
Additional Relevant Experience
Senior Redemption Clerk- Domestic and International
Reorganization Clerk
PROFESSIONAL DEVELOPMENT
Numerous courses and seminars to awareness and changes in the industry including:
Investor Services Data Breach Prevention
Verification
Privacy Awareness, Business Inclusion
Anti-Corruption, Regulation and Compliance,
Operational Risk-Identification & Measurement
Global Sanctions, Identity Theft
Introduction to SWIFT for Corporate Clients