Timothy M. Baffa
Lombard, IL 60148
708-***-**** ************@***.***
Executive Summary:
A certified scrum master with a successful record of managing IT development efforts and fostering team
and organizational growth. Competencies include requirement definition, business analysis, issue
management, risk mitigation, stakeholder management, conflict resolution, and proficiency with the MS
Office suite of products. Experienced in developing, delivering, and supporting derivatives-based
initiatives utilizing both SDLC and Agile project methodology within the capital markets industry .
Career highlights:
• Passed the Scrum.org Professional Scrum Master certification exam (PSM1) in December 2014
• Passed the Scrum Alliance Scrum Master certification exam (CSM) in January 2013
• Led demonstration of trading system functionality and market supervision responsibilities for the
Trend Exchange to the CFTC in November 2009
• Managed the on-boarding of 55 financial firms to a centrally-cleared FX platform
• Primary customer relationship manager for the CBOT while at The Clearing Corporation
• Designed and developed the first real-time trade match at the Chicago Mercantile Exchange
Professional Summary:
Bank of America Chicago, IL April 2014 - Jan 2015
Agile Project Manager
Promoted team and management growth through instruction and application of both Agile and Lean
practices
Served a large development team that executed development and testing utilizing a hybrid,
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iterative approach
Facilitated team estimation, story refinement, sprint execution, and team retrospectives
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Trained both product owners and technical team on requirement definition, story creation and
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acceptance criteria definition
Coordinated with team and stakeholders to manage multiple software releases
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RPM Financial Markets Group Chicago, IL June 2013 – March 2014
Associate
Business Analyst for a start-up financial services company.
Provided subject matter expertise to financial firms around operational processing and trade
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management for derivatives
Developed operational and regulatory documentation for financial clients in the Chicago
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financial district to assist them with Dodd Frank compliance requirements
Bank of America / Merrill Lynch Chicago, IL Nov 2012 – May 2013
Scrum Master
Facilitated the adoption of Agile (scrum) development methodology within the Global Derivatives
Confirmation and Settlement Division of Bank of America / Merrill Lynch.
Performed as Scrum Master for three separate concurrent scrum teams over 6-month period
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Facilitated Scrum events such as Sprint Planning, Daily Stand-ups, Product Backlog
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Refinement, Sprint Reviews, and Sprint Retrospectives within 2-week iterations
Worked within the organization to identify and eliminate “waste”, promote lean operational
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policies, and communicate the benefits of communication and transparency
Worked individually with team members to foster team growth through Agile principles
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Partnered with product owners to effectively groom product backlog, track team productivity,
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and establish release plans
Created and delivered power point presentation on Specification By Example
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The Trend Exchange (formerly Media Derivatives) Chicago, IL Sept 2009 – Sept 2011
Customer Relationship Manager
Provided value to the start-up commodities exchange in the areas of project management, integration
testing, risk identification and analysis, mitigation and contingency planning, stakeholder management,
vendor management, and executive communications.
Developed and managed execution of on-boarding project plans
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Developed and coordinated Trend Exchange operational schedules and deliverable
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dependencies with stakeholders
Managed integration testing efforts for trade clearing, position management, customer
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reporting, market supervision, and regulatory requirements
Performed extensive customer and product research in support of business development
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Contributed to the development of CRM application to support marketing efforts
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ION Trading (formerly Rolfe & Nolan) Chicago, IL Apr 2008 - Jan 2009
Project Manager – Client Services
Created and promoted managerial and procedural improvements through a newly-defined role within the
organization.
Identified areas of procedural inefficiencies within Client Services, and proposed
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improvements to existing processes
Defined activities, developed project plans, measured project performance, and created and
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delivered executive level project status communications for customer-based RISC system
projects performed by Client Services staff
Scheduled and managed client relationship meetings with RISC customers
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Provided RISC system support for customer issues, business objects requests, system
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access, and other customer issues as needed
FXMarketSpace, Inc. Chicago, IL Oct 2006 - Mar 2008
Project Manager – Clearing and Settlement
A leading contributor to the successful launch of the first centrally-cleared foreign exchange commodity
platform.
1 Directed the development and execution of on-boarding project plans for 15
clearing firms and 40 trading firms. Provided essential expertise in scope management,
system analysis, activity definition and estimation, resource management, stakeholder
management, quality control, risk management, project communication, and operational
readiness initiatives
2 Created business documentation related to Statements of Service,
Business Continuity, Disaster Recovery, and periodic Executive Summaries (i.e. – dashboard,
score cards)
3 Participated in development of onboarding CRM application in Salesforce
4 Conducted internal data audit of all clearing and trading registrations in
Salesforce
Encore Consulting Services, Inc. Chicago, IL Jan 2005 - Jun 2006
Business Analyst consultant
Provided critical business analysis services for financial industry clients.
Calamos Industries: Supported a major system conversion through requirement definition,
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screen design, and system documentation
Chicago Mercantile Exchange: Prepared key business and technical analysis for a major
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system conversion (GAINS to GPS). Created job schedules, system and data mapping
documentation, and plan for decommissioning of legacy GAINS system
TransMarket Group, LLC: Improved existing project methodology by developing new
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procedures around Release Management, Test Approach, Scope and Requirement Definition,
Version Control, and Change Management
Lawson Products, Inc.: Documented and recommended supply chain solutions for Lawson’s
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Order Entry, Billing, and Inventory systems
The Clearing Corporation Chicago, IL Feb 2000 - Sept 2004
Group Manager and Project Manager
Fostered company growth and success through effective staff direction and management of significant
and concurrent project initiatives.
1 Demonstrated proficiency and leadership in the areas of project initiation, activity
definition and estimation, project budget estimation, resource management and development,
project communication and reporting, stakeholder management, procurement management,
project execution, quality control, risk management, contingency planning, and change
management.
2 Fulfilled pivotal role as primary CBOT relationship manager for The Clearing
Corporation
3 Supervised the daily development and maintenance of production systems
Successfully delivered the following derivative-based systems and enhancements:
4 New Trade Management System (TMS) – Development of new Trade
Management system platform, providing the foundation for future system development
5 SLEDs – Created a better interface for spread trade data entry and maintenance
6 Quarter Tick Spreads – Accounted for a 100% increase in CBOT electronic
options volume
7 Electronic Shipping Certificates – Removed the need for paper-based delivery
transactions and improved delivery reporting and auditing
8 New Exchange Fees – Created 14 additional revenue streams for The Clearing
Corporation
9 CBOT Handheld Terminal processing - Dramatically reduced transaction entry
errors and provided improved audit capabilities
10 Separation of Pay/Collect – Protected The Clearing Corporation from firm default
risk
CNA Insurance Chicago, IL Nov 1998 - Nov 1999
MQseries Technical Analyst
Successfully completed a 12-month contract to provide support and direction for MQseries design,
administration, and analysis for in-house system development.
1 Lead system designer for CNA Exchange project. Designed, developed, and
maintained MQseries messaging services. Established multi-queue approach for distributed
processing
2 Integrated application environments with Candle MQseries monitoring software
3 Established and documented standards for application exception processing,
queue triggering, error handling, application logging, and object naming conventions
Chicago Mercantile Exchange Chicago, IL May 1992 - Oct 1998
Project Manager
In the highly-visible Trade Management division of the CME, served the exchange in the key positions of
Senior Systems Analyst and Project Manager.
1 Directed processes for stakeholder management, requirement and scope
definition, project plan development, resource management, project execution, integration
and Q/A testing, status reporting, change control, and post-production support
2 Primary software developer and analyst for Clearing 21, the worldwide exchange
standard for clearing and trade management systems
1 Systems developed and supported include Real-Time Trade Match, Exchange for
Physical System (EPS), Singapore Mutual Offset, Continuous Edit process, proprietary
MQseries real-time monitor, Currency Exchange Rate system, and Business Calendar
module
Education:
Villanova University Online VIL37 - Essentials of Project Management (2011)
Triton College Associates in Arts/Science in Data Processing (1987)
Training:
PMP Project Management Professional Certification Training Course, 2012
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2010 Microsoft Project, 2012
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Managing Projects with 2007 Microsoft Project, 2012
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Management Skills & Techniques for New Supervisors (AMA), 2002
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