Vice President Management

ELLIOTT LAWRENCE

***-** *** ****** ~ Jamaica, New York 11433

718-***-**** *******.**********@*****.***

Operations Professional

Line Management ~ Billing ~ Finance ~ Process Improvements ~ Stock/Loan

Operations ~ Broker/Dealer Operations

Senior operations leader with an extensive background in financial

management in the areas of banking, credit and investments. Expertise in

leading high-performance teams in driving operational efficiencies across

billing and payment production, accounts receivable and payable,

reconciliations and balance sheets. Effectively manages relationships with

internal personnel and customers to expedite accurate financial processing.

Demonstrated success in executing project management techniques to optimize

processes and streamline operations to control costs, maximize

profitability and increase client retention and growth. Consistently

recognized as a go-to person for quickly solving complex problems.

. Transaction Management

. Account Reconciliations

. Customer Relations

. Budget Administration

. Team Building/Leadership

. Regulatory Compliance

. Performance Measurement

. Staff Recruitment

. Account Collections

. Workflow Management

. Payment Processing

. Cost Containment

.

CAREER ACCOMPLISHMENTS

Commerzbank AG

. Served as key member of the Commerzbank Transition team, addressing

issues pertaining to company merger with Dresdner Kleinwort, and

documenting/resolving post-merger staffing and systems issues.

. Manually verified prices on all unpriced corporate bonds positions in

Phase 1 and developed and implemented an automated solution via through

outside vendor support in Phase 2 of the Independent Price Verification

project, resulting in a savings of $100M monthly in capital charges.

. Spearheaded automation of brokerage payment process by implementing a

companywide global system, allowing the transition of local payment

services to the main office and freeing up a headcount ($45,000

annually) to assign to other projects.

PROFESSIONAL EXPERIENCE

COMMERZBANK AG, New York, New York 2009 - 2014

Vice President - Shared Services (2009 - 2014)

Managed daily operations including processing of brokerage payments, stock

loan rebate billing and yearly audit confirmations, ensuring all

deliverables were completed in a timely manner. Oversaw production of

reconciliation controls of monthly services fees (correspondent clearing,

exchange fees, FINRA Trading Activity Fees (TAF) payments), monitoring all

exceptions and ensuring closure on all outstanding discrepancies. Served as

liaison for Front Office and Bank customers, expediting inquiries and

accurately resolving breaks. Substantiated monthly balance sheet and

facilitated reporting for Finance per requirements. Reviewed internal

procedures and make suggestions for enhancements and improved practices.

. Implemented Loanet's Automated Rebate Collection system to streamline

processing, conduct testing support and document new workflows.

. Collaborated with Client Relationship Management (CRM) team to create,

test and implement a simplified end-to-end process for responding to

yearly audit confirmations.

. Developed and reported team Supervisory Controls and Key Performance

Indicators (KPIs).

. Achieved success in compliance and accuracy during annual audits.

DRESDNER KLEINWORT, New York, New York 1998 - 2009

Vice President - Operations Control (2006 - 2009)

Supervised a staff of eight charged with managing all aspects of the equity

finance and corporate billing including monthly reconciliations, client

invoicing, DTCC payments, reporting and exception management. Worked

closely with banks and brokers to agree on charges and resolve

discrepancies. Managed payables and receivables processing in accordance

with standard industry timeframes and Generally Accepted Accounting

Principles.

. Facilitated the implementation of Commerzbank's Agency Lending Disclosure

Automation, meeting all deliverables and assuming the role of bank

liaison after project went live, including SunGard's ALDOP exception

management.

. Oversaw production of all SEC fee reconciliations, including Swaps booked

in Commerzbank's London or Frankfurt.

. Developed and distributed management reports to local office and head

office in Frankfurt, Germany.

ELLIOTT LAWRENCE Page Two

PROFESSIONAL EXPERIENCE

(Continued)

Vice President - Credit Spread (2004 - 2006)

Provided Credit Spread team operational support as part of a two-person

team. Oversaw all corporate bond settlements through Depository Trust

Clearing Corporation (DTCC) and performed the end of day balancing process.

. Monitored the issuance and clearance of Commercial Paper through the

Bank's clearing agent, JP Morgan Chase, in conjunction with internal

client needs and requirements assigned collateral to tri-party shells at

JP Morgan Chase.

. Decommissioned legacy system for processing international securities

lending and replacing with the global standard, Martini, contributing to

a savings of $95,000 annually (one full time employee).

. Created semi-automation for sending SWIFT messages for securities

lending, resulting in the elimination of manual processing and saving of

time in labor costs.

Vice President - Equity Operations (2002 - 2004)

Assistant Vice President - Equity Operations (1998 - 2002)

Participated in the establishment of banking relationship with Citibank NA

to facilitate local market settlements in major countries abroad. Received

promotion to Vice President in recognition of outstanding performance as

Assistant Vice President. Implemented and operated Equity Financing Support

Desk for Domestic and International Equities.

. Promoted Equities Financing support team through departmental training.

. Resolved pre-payment issues in close collaboration with Finance as a

result of capital restraints.

. Wrote and implemented department procedures to mitigate risk, exposure

and increased efficiency.

. Raised awareness and trained cross-functional departments about new

Equities Financing support team.

. Established banking relationship with Citibank NA to facilitate local

market settlements in major countries abroad.

. Recognized as expert in the securities industry including professional

conduct and ethical considerations.

Held additional role as Assistant Vice President at Natwest Markets, New

York, NY

TRAINING AND PROFESSIONAL LICENSES

FINRA Series 99 Registered Operations Professional

Open to taking FINRA Series 7, 63 or any other Exam

Outsourcing to Third-Party Service Providers, 2013

Introduction to Accounting, 2010

Systems

ADP, DTC, ICI, Impact, Loanet, Martini, Loan IQ, Phoenix

Microsoft Office Suite: Word, Excel, PowerPoint, Outlook

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