Westwood, NJ *****
Alternative Investments Support Financial Investments
Middle Office Manager focused on accounting, analyzing and settling trade events impacting asset wealth managements’ division of alternative investment accounts. Experienced in business process, procedure improvement and analysis reporting. Core skills include:
●Strong organizational and time management skills
●Ability to successfully handle multiple projects
●Manage, train and develop team members
●Advanced Excel and Word skills
JP MORGAN, New York, NY January 2004 – May 2019
Wealth Management – Alternative Investments Middle Office Trade Support Manager
Trained and Managed a team of Trade Support Analysts and reviewed the accuracy and completion of daily BAU. Oversaw the trade entry, transactional bookings, and wire settlement to Private Banking Accounting Systems for Private Equity, Real Estate, Infrastructure, and Exchange Funds, commitments, capital calls, distributions, subscriptions, and redemptions.
●Reviewed the order and trade break fail reconciliation of all client positions across 200 funds, $45 billion in AUM, 650 securities and 12,000 individual client positions to reduce business risk and signed off on monthly NAV’s.
●Compiled and reviewed MIS data for regular senior management reporting. Contributed to various projects related to Middle Office administration, which led to 10% YOY productivity growth without headcount increase during my tenure.
●Provided trading platform new deal set-up and on-going support expertise to our Product Structuring and Fund Controllers Front Offices and Operations areas.
●Performed migration of legacy historical client information to a new strategic trading application and ensured transactions and positions were reconciled accurately.
●Partnered with various internal Technology Teams and an external third-party vendor in the implementation and UAT of new trading systems requirements with ongoing support functionality and enhancements.
●Acted as a point-of-contact and provided timely support and ad hoc reporting to the Private Banking Investor Relations and Client Service Teams for client resolution inquiries.
●Provided consistent focus on improving functional efficiency and control of daily tasks. Documented procedures and process flows (Risk Control Self-Assessment), and ensured they were kept accurate.
●Processed transfer of private equity ownership requests with internal Legal Teams and substantiated with external Law Firms and the internal Private Investments Website.
●Provided global trade support and advice to the heritage Bear Stearns, Geneva, Edinburgh, and Mumbai Alternatives Middle Offices and Operations area through periods of turnover.
●Interfaced with various JPMSI trading desks, including Domestic, International, Emerging Market and Municipal Securities in order to facilitate execution and resolve trade break settlement.
●Coordinated the purchase, sale, maturity and settlement of all Private Banking Interest Rate Swaps, Cross Currency Swaps, Caps, Collars and Swaptions.
●Facilitated the Bookrunning, Purchase, Sale, Termination, and Settlement of Equity Structured Investments (MPD), Fixed Income, and Currency Deposits.
David Fischer 201-***-**** Page Two
Additional Relevant Experience
Prior position with JP MORGAN, New York, NY
Structured Credit Products Operations – Associate – Controllers Group
●Responsible for the accounting and reporting for SPV’s in excess of $350 million.
CONSTANTIN CONTROL ASSOCIATES, Jersey City, NJ
Capital Markets Fiduciary Services – Management Consultant for Chase Manhattan Bank
●Provided reconciliation, validation of pricing, and P&L for syndicated loans.
REPUBLIC NATIONAL BANK, New York, NY
Emerging Markets Trading, Profit and Loss Specialist
●Provided daily P&L and pricing calculations for New York and London trading desks.
CITIBANK, N.A., New York, NY
Bankcards Treasury Operations - Financial Analyst
Corporate Realty Services – Assistant Manager – Senior Accountant
Bank Loan Syndications – Senior Accountant
●Provided the daily reconciliation and mark-to-market of OTC and exchange traded derivatives.
●Performed the daily audit of general ledger and provided the monthly financial budget for 120 Citibank properties.
THE NEW YORK INSTITUTE OF TECHNOLOGY, Old Westbury, NY
Master of Business Administration (M.B.A.), Finance
ITHACA COLLEGE, Ithaca, NY
Bachelor of Science (B.S.), Business Management
AMERICAN INSTITUTE OF BANKING, New York, NY
Professional in Banking Certificate – Course work in accounting and bank operations
●Windows, MS Office Suite
●SATURN Loan System, STARS G/L System, McCormack & Dodge G/L System
●Investor Workstation, Private Investments Website, FM3 Alternatives Trading System