Douglas Barnes
**** ******* ******* ***** ? Houston, TX 77095
(713) 304 2078c **********@*****.***
Career Profile
Foreign Exchange ? Operations ? Relationship Management ? Electronic
Trading Platforms
? Regulatory Reporting? Budgetary Oversight ? P&L Responsibility? Core
Systems
Experienced senior level executive with more than twenty years of proven
success in domestic and international financial markets. Proactive.
Results driven. An effective communicator who has experience interacting
with Financial, Commodity, Institutional and Corporate Treasury clients.
Interacting with these clients in order to effectuate positive change,
efficiency and increased client profitability.
Leads and ensures the effective execution of simultaneous projects without
compromising quality, timeliness or functionality. An expert in building
and transforming teams and organizations within high pressure environments.
Adept at consensus management and building upon the strengths of the
sales, marketing, operations and financial teams. Led successful finance
and accounting campaigns in environments where growth, accountability and
accuracy were paramount. Extensive qualifications in the following
competencies:
? Market Penetration ? Treasury and FX
platforms
? Relationship Management ? Accounting Oversight
? Client Development & Training ? Project
Management & Implementation
? Financial & Business Analysis ? Direction, Re-
engineering of Mission & Focus
Career Synopsis
Western Union Business Solutions January 2014 -
Present
Vice President - Financial Institutions
. Vice President - Financial Institutions will identify, create and
pursue new business opportunities in the corporate foreign exchange
and international payment sectors as related to the FI Industry with
existing and prospective clients.
American Express, New York, NY Nov
2010 - Dec 2013
manager - - Account Development - FXIP Client Mgmt & Sales
. Provide consultative sales to Community Banks and Credit Unions for
International Services including, Cash management, Hedging, Payment
Service and Check Processing with marketing and infrastructure
support.
. Proactively manage Relationships in 12 states in the Midwest,
Southwest and West generating average sales of $35,000 per client.
. Received Foreign Exchange Services employee Regional award January
2013 and Global award March 2013, Top 3 Revenue producer in 2013
plumRHINO Consulting, Atlanta, GA Feb 2010 -
Oct 2010
Contract Project Management Consultant
. Recruited to manage a large re-engineering project to place core books
and records regarding Foreign Exchange for SunTrust achieving a
complete replacement of core capture and processing from inception to
accounting and payment processing;
. Entrusted with understanding Spot, Forwards, NDF's Online FX, and
Money Market from a sales and trading perspective to ensure a seamless
data migration.
J.P. Morgan Chase Bank, Houston, TX 1995-
2010
VP, FX Risk and Liquidity Management TEAM LEADER
Successfully managed risk for 90 currencies; both spot, and forward
positions. Analyzed potential operational risks and communicated
recommendations to senior management. Directed software development teams
in the design and improvement of existing e-commerce products for external
and internal use. Established and controlled client credit limits by
coordinating with underwriters and relationship managers.
R sum of Barnes, Douglas, 713-***-**** continued
Page 2.
Provided training and leadership to company analysts and associates.
Developed and implemented new company processes and policies, ensuring
continued financial growth.
. Managed an active account base of over 125 clients while increasing e-
commerce accounts by 90.
? Responsible for 65 Nostro accounts funding, reconcilement and
expense control;
. Developed and maintained Revenue, Expense and Capital expenditure data
for annual Budgets of approximately $55 million.
. Advised clients regarding FASB, SOX and OFAC compliance issues with
respect to international E-Commerce.
. Guided software development teams to create and improve existing e-
commerce products and successfully rolled out a unique inter-bank
internet platform.
. Coordinated with credit underwriters and relationship managers to
establish and control client credit limits.
. Collaborated with operations and account staff to develop early
warning systems and procedures to mitigate losses.
. Analyzed and presented Revenue, Expense and CAPEX data for annual
budgets; trained and mentored Analysts and Associates in market
practices.
Comerica Bank, Detroit, MI
Senior Trader
Traded/Managed major and minor currencies; served as liaison to Operations
and System Departments
Prisma Market Analysts, Ltd., London, England
Director / Senior Analyst/ Partner
Produced market commentaries; built global client base to over 120; managed
fund for Middle Eastern government
Society National Bank, (KEYBANK), Cleveland, OH
FX Trading Manager
Developed and managed trading room staff and systems; provided fundamental
and technical analysis to corporate desk
First Bank, (U.S. Bank), Minneapolis, MN
Managing Dealer
Led a team of 12 traders on the spot, forward and overnight desks; marketed
to corporate, institutional and commodities clients;
Provided "Ring Pricing" LME Copper pit; traded Eurocurrency Deposits, CD's,
OTC priced options; led global custody study project and implementation
REVCO D.S. Inc, Cleveland, OH
Senior Systems Analyst
Responsible for credit card and payroll applications
Ameritrust, Cleveland, OH
Supervised international loan, foreign exchange and Euro deposit
accounting; served as Junior Trader for Foreign Exchange/ Euro Deposits
Education, Licenses, Training & Associations
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University of Akron
Bachelor of Science Business Administration, major in Finance, minor in
Mathematics and Computer Science