Manager Process

Gary W. Yu

**** **** ****** ********, *.Y. *****

Home: 718-***-**** Cellular: 917-***-****

*********@*****.***

PROFESSIONAL SUMMARY:

Dedicated, results-oriented Derivatives Operation Manager experienced in coaching and managing documentation analysts on

confirming ISDA based derivatives paper and electronic (DTCC) confirmations. A team player working with different business

units and counterparties to accomplish the Federal regulation requirement. An advisor to make recommendations to the

technology group to modify and to improve the firm’s straight through process (STP) systems. Professional knowledge and

experience with different derivatives products’ (products include Credit/Interest Rate/Foreign Exchange and Equity

Derivatives) reconciliation, valuation and confirmation process.

EXPERIENCE:

Quadrant Skew Capital (Investment Club) New York, N.Y.

Equity Research Financial Modeling Internship November 2013– Present

• Valued publically traded companies on different sectors via DCF and Comparable Companies models

• Conduced research on companies’ financial data such as 10Q, 10K and Beta; and transform them into

the projection models

Investment Banking Institute New York, N.Y.

Internship, Instructor Assistant Equity Research October 2013– December 2013

• Assisted the instructor to build LBO, M&A, DCF, Pro Forma Balance Sheet and Financial Statements

projection model templates

• Constructed equity research reports with the Comparable Companies and the DCF models on different

sectors

Lehman Brothers New York, N.Y.

Derivatives Unwind Project Business Associate, Derivatives Operation October 2008 – September 2011

Achievements included the delivery of the majority of the outstanding accounts within the Investment Advisory

business to reach a final settlement, successfully negotiated with different Investment Advisory companies and collected

a fair amount of value on the outstanding derivatives transactions for the estate; and resolved any

reconciliation/valuation/confirmation discrepancy among different derivatives products.

• Assigned to the Unwinding Trades Project to unwind all derivative transactions and to reach a final

settlement

• Interacted closely with the Front office on all counterparties’ trade populations’

reconciliation/valuation process

• Followed closely with the Collateral/Settlement on resolving all types of cash breaks

• Coordinated with the Legal, Front office and counterparties to resolve any

legal/valuation/confirmation issue

• Built trades’ reconciliation/valuation excel models to be presented to the internal/external committees

• Prepared/organized all documents for the Final Settlement Proposals

• Presented proposals to the Unsecure Creditor/Settlement Approve Committees for final settlements

• Provided recommendations to the Technology Team to build a record keeping/reporting system

• Successfully collected over fifty million dollars worth of pre-bankruptcy derivatives transactions

• Reduced over fifteen million dollars worth of claims on pre-bankruptcy derivatives transactions

Documentation Manager, Structured Credit Trading Derivatives Operation April 2008 – October 2008

Served as a team leader focused on confirming Centralized Linked Settlement (CLS) trades on the Depository Trust &

Clearing Corporation (DTCC) platform. Provided continuous improvement advice to the technology group on the

development of the new STP drafting system.

• Provided daily CLS status report for Senior Management and different Trading Desks

• Worked closely with different trading desks (globally) to resolve trade breaks within T+2

• Coached Analysts to address and to resolve any CLS trade breaks and unrecognized trades

• Escalated all urgent trade break issues to internal/external managements and Middle/Front Offices

• Assigned as the first point of contact for all high risk CLS trade breaks

• Reconciled trade population among DTCC, counterparties to our internal population

• Reached an accomplishment on confirming all CLS trades by T+2

Documentation Manager, Structured Credit Trading Derivatives Operation June 2005 – April 2008

Managed a group of Documentation Analysts on the confirmation, escalation and resolution process. Assigned as the

first person of escalation in the confirmation process. Liaised closely with Business Analysts and the technology group

on the development of a new STP drafting system. Appointed as a key person of signing off approvals from the

documentation process stand point.

• Escalated and resolved any urgent issue on trade breaks internally/externally

• Coordinated Lock-In meetings with other Dealers to reduce the number of outstanding unsigned

confirmations

• Generated Drafting/Chasing Reports and distributed the outstanding population to analysts

• Followed up closely with front office traders and marketers to resolve any outstanding unsigned

document issue

• Provided recommendations to the technology group on the development of a new drafting/tracking

system

• Assigned and instructed analysts to conduct multiple tasks testing in the developing confirmation

system

• Assisted all analysts with any documentation (Economical/Non Economical) issue

• Successfully met the monthly target of zero outstanding unsigned confirms that were T+30

Deutsche Bank AG. New York, N.Y.

Client Relationship Manager, U.S. Derivatives Operation June 2004 – June 2005

Remote managed and trained 5 Documentation Analysts over at Mumbai India on ISDA based derivatives confirmation

drafting, chasing and trade breaks resolution process. Conducted client face to face meetings on targeting the

unexecuted confirmation population to meet the Federal regulation requirement. Recommended guidelines to the

technology group on the creation of the new confirmation processing/reporting system.

• Managed and maintained the flow procedures of the documentation process with different regions

• Performed secondary reviewing on the incoming/outgoing confirmations before execution

• Assigned as a stakeholder on confirming all Depository Trust & Clearing Corporation (DTCC)

transactions

• Worked closely with the technology group to conduct routine testing on the development of the new

STP application

• Coordinated closely with both internal and external senior managers globally to establish and

implement more efficient strategies for the confirmation execution process

• Accomplished the goal of leading the team to meet the Federal’s requirement on high risk unsigned

confirms

Documentation Specialist, U.S. Derivatives Operation May 2003- May 2004

Assigned to the high risk group targeting outstanding unsigned confirmations (60 days and older) and successfully

reduced the number of unexecuted high risk transaction confirmation to a manageable level. Generated weekly high risk

trade population report and hosted meetings with different business units’ senior management to reduce the outstanding

population. Assisted business analysts on the template generating process on the drafting system.

• Drafted and chased a variety of ISDA based Derivatives confirmations

• Coordinated closely with front office and legal to execute confirmations

• Performed trade verification/affirmation with counterparties and any appropriate personnel

• Addressed trade discrepancies to the Middle/Front Office or Sales Desks; and have the discrepancies

resolved

• Investigated trade breaks and confirmed trades on DTCC with all DTCC participants

• Met the target of zero outstanding high risk unsigned confirms

EDUCATION:

Investment Banking Institute New York, N.Y.

Intensive 4-week financial modeling and valuation training program November 2013

Performed company valuations utilizing (i) comparable public company analysis, (ii) precedent transactions

analysis and (iii) discounted cash flow (DCF) analysis

Built fully-integrated financial statements projection model, LBO model, accretion/dilution merger models, including

ability to run operational and capital structure sensitivities within models and data tables for sensitivity analysis

Pace University, Lubin School of Business New York, N.Y.

Bachelor of Business Administration June 2000

Majors: Finance and Business Economics

Cumulative G.P.A.: 3.52 Majors’ G.P.A.: 3.70

Kingsborough Community College Brooklyn, N.Y.

Associate of Arts and Sciences January 1998

Major: Accounting

Cumulative G.P.A.: 3.71 Major G.P.A.: 4.0

Minor: Computer Science

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