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Assistant Sales

Location:
East York, ON, Canada
Posted:
August 28, 2014

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Resume:

JEFFREY SCHARPF

Cell: 631-***-**** ! *********@***.*** ! 7 Equestrian Court, West Hills, NY, 11743

Bank of America Merrill Lynch

! Director and Senior Trader, Short Term Fixed Income February 2005 June 2014

! Primary responsibilities included managing the U.S. corporate commercial paper (cp) trading business

and building a presence in sovereign U.S. cp. Additional responsibilities included hedging the group’s

interest rate risk, managing the desk’s credit risk exposure, and monitoring and properly allocating

balance sheet usage by client and trader.

! Managed relationships that ranged from large multinational sovereign issuers like KFW, CPPIB and

CDC to high profile corporate issuers like Apple. Also responsible for managing the entree into the

U.S. markets for a wide range of Chinese issuers, including Bank of China and all their Letter of Credit

programs.

! Other responsibilities included representing the business externally at client and industry events, acting

as desk liaison between STFI and various trading desk’s around the floor, producing

daily/weekly/monthly reports for senior management and active involvement in the firm’s recruiting

efforts as a member of the Georgetown University team.

J.P. Morgan

! Co-Manager and Senior Trader, Short Term Fixed Income 1998 2005

! Co-managed the STFI trading desk. Primary responsibilities included running the group’s bank

commercial paper, Yankee CD and Euro CD efforts. Had sole responsibility for managing the desk’s

interest rate exposure and for all proprietary trading activities.

! Senior Trader, Short Term Fixed Income 1990 1998

! Managed the desk’s relationships with both Foreign and Domestic Financial institutions. Also

responsible for covering a variety of Asset backed and corporate commercial paper issuers.

! Junior Trader 1986 1990

! Primarily responsible for covering corporate issuers in the U.S. commercial paper market. Increased

responsibilities to include coverage of smaller bank issuers and large corporate issuers.

! Sales Assistant 1984 1986

! Assistant to a team of six experienced salespeople. Products included Repo, Treasury Bills, Agency

Discount notes and commercial paper.

*+0//#1 21%(3&+

! Hired by Bank of America in 2005 to increase their presence in the U.S. short term markets. Helped relocate a

business from Charlotte to New York and build a team that went from 7th in market share to 1st in three years.

Market share grew from less than 100 billion to a peak of 500 billion and the desk revenue’s grew from $30mm in

2004 to a peak of $230-250mm in 2008-2009.

! Co-managed the Short Term Fixed Income business at J.P. Morgan. Desk was widely regarded as the largest

and most profitable desk on the street. Primary competitors included Merrill Lynch, Goldman Sachs, Citibank,

Morgan Stanley and Lehman.,45/)3

MBA, Finance 1990

Fordham University

BSBA, Finance 1984

Georgetown University

Professional Licenses: Series 7, 24 and 63



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