Management Sales

GERREN A. YOUNG

*** ******* ****** *** *

Brooklyn, NY 11238

718-***-**** Cell

347-***-**** Home

acqasn@r.postjobfree.com

Special Skills: Endur Open Link, eConfirm, Charles River, Axys, Smartstream, TLM,

DTCC, Murex, Swapswire, Swift System, ISDA Guidelines, Sentry, Fed wires,

Bloomberg, ADP, Alert system, Oasys, MS Word, Excel.

EDUCATION:

Roosevelt University

Bachelors Finance June 2012

Employment History:

Goldman Sachs & Co November 2014- Current

Equity Derivatives Negotiator(Temp)

• Prepare amendments to and replications of Master Confirmation Agreements (“MCAs”) for

Equity Derivative products (ISDA published and in- house MCAs, vanilla and structured

templates) with counterparties

• Liaise with Legal, Trading and Sales to agree documentation with Counterparties

• Timely resolve mark-ups on outstanding trade confirmations

• Resolving queries and exceptions where necessary, understanding the importance of effective

escalation

• Partner with other teams, departments and management on strategic and ad hoc projects

JP Morgan Chase Bank July 2013- October 2014

Senior Commodities Derivative Associate

• Prepared ISDA OTC confirmations against approved credit and legal templates to be

dispatched to clients

• Taking the lead in UAT for departmental initiatives and projects and proactively suggest

system enhancements to improve team efficiency

• Affirmation of Commodity Derivative trades with internal and external counterparties

• Production of ISDA paper trade confirmations for complex Physical Commodity Derivative

trades

• Responsible for resolution of trade discrepancies on eConfirm and other electronic platforms

• Exercising strong judgment skills to make the necessary decision to address client queries and

ensuring all high priority queries are escalated to the management immediately

• Uphold the controls and procedures for the team and highlight any control gaps identified to

management to ensure that these are reviewed and addressed as necessary

• Prepared local and global MIS for distribution to management

• Heavy reconciliation of derivative trades between books and internal and external systems

RREEF Asset Management June 2012 – July 2013

Portfolio Administrator (Temp)

• Responsible for processing corporate actions regarding tender offers, stock splits, dividends. As

well as work with custodians on communicating instructions on corporate actions

• Performed daily and monthly account and position reconciliations using Microsoft Excel,

monthly account performance calculations and reporting, equity trade settlement, trade

research and resolution, daily pricing, cash flow input, daily and monthly reporting, and

projects as needed.

• Handled a subset of the bank reconciliations that Operations performs

• Rectify and position discrepancies, requiring extensive client service interaction and custodian

communication

• Performed a variety of daily position, transaction and cash reconciliations

• Liaised internally with company business units and externally on the resolution of current and

aged breaks

• Notified portfolio managers of upcoming dividends

• Liaised with groups on resolution of month end reconciliation items to expedite the release of

month end NAV

• Utilized Charles River, Smartstream, Axys, Misys and Trade com to reconcile and investigate

trades breaks.

Northern Trust Global Investments November 2011-July 2013

Derivatives Collateral Analyst (Temp)

• Monitoring counterparty exposure on both OTC products

• Manage Tri-Party Collateral for all major dealers and investment managers

• Make, receive and satisfy margin calls

• Review and advise in the negotiation of ISDA/CSA agreements

• Maintain eligibility criteria and account static in Collateral Management System (Exposure

Manager)

• Re-hypothecate margin collateral

• Perform daily, weekly, monthly reconciliations for both OTC and fixed income positions

MF Global Inc October 2010-November 2011

Clearing Commodities Allocations Clerk

• Allocated trades across multiple exchange and sub-firms and ensure that allocation instructions

from clients are completed accurately and confirmed in a timely manner.

• Handled phone calls regarding grouping of APS trades and corrections on allocations.

• Identified problems with allocation instructions to ensure issues are resolved.

• Monitored Clearvision to ensure that trades are properly TEO’d and formatted correctly.

• Monitoring GMI holding accounts to ensure foreign traded products are allocated.

•

The Private Bank of Chicago

Derivative Collateral Analyst (Temp) July 2010- September 2010

• Review & send Collateral Demands & respond to Counterparty Demands, for OTC

Interest Rate & Credit Derivative, Foreign Exchange, & Currency Option products.

• Deliver & receive collateral, such as; Treasuries, Agencies, Mortgages, along with accrued

Principal, Coupon, & Interest is transferred or substituted to & from Counterparties.

• Credit approvals for daily collateral movements, & as-needed.

• Submit SPO charges as necessary

• Process monthly pledge reports showing outstanding collateral positions for Management

BNP Paribas Securities of New York June 2007- May 2009

Interest Rate Derivative Documentation Specialist (Temp)

• Preparation of IRD confirmations for all IRD products including Interest Rate Swaps, FRA’s,

Caps/ Floors, Swaptions, and other Exotic products to a high standard as per ISDA terms.

• Provided back up and support to other members of the confirmation team when necessary.

• Provided a quick, efficient, and accurate service for Marketers regarding corporate

documentation issues.

• Monitored daily statistics and keep them at an acceptable level agreed upon by management.

• Dealt with and quickly resolve queries and ad-hoc requests from all areas, including external

clients relating to documentation and terms of the trades.

• Developed good relationships with clients, both Corporate and Inter-bank, in order that

outstanding issues are resolved, and documents retrieved in a timely manner.

• Liaised with Legal Department to agree upon acceptable language for documentation.

• Built and maintain excellent working relationships with other internal clients such as Legal,

Marketers, Trading, Middle Office, and Back Office.

Deutsche Bank Securities May 2006- December 2006

Collateral Margins Specialist (Temp)

• Issued and respond to daily derivatives margin calls from clients using Sentry, DB

DAVE, GEMS

• Coordinated with clients to reconcile trade portfolios and investigate trade population,

initial margin and MTM differences in order to resolve collateral disputes

• Followed up with clients in settling interest and failed collateral moves

• Contacted counterparts to agree on margin calls and start reconciliation in case of

dispute with other banks

• Identified problems in the collateral and IT process and find proposals to solve them.

• Reported outstanding collateral calls to credit and work with them and client services to

facilitate resolutions.

• Implemented new procedures to maximize efficiency and minimize department risk

Citigroup Global Markets Sept 2002 – May 2006

FX Derivative Documentation Specialist

• Managed preparation and transmission of EMTA & ISDA confirmation documents

(transactions include NDF’s, NDF options, Cross currency templates, BRL, ARG,

KRW, RUB, COP, CLP, INR

• Ensured confirmations were produced accurately and sent in a timely manner using

both manual (Word) and partially automated templates.

• Managed all confirmations until affirmed and executed, ensuring the appropriate

priority of aged items to reduce risk and interact with FX dealers and counterparties to

review confirmation details

• Interacted extensively with Trading Desk, Legal, and Credit departments.

• Ensured that the confirmation reflects the terms in the Sales ticket and also that it

matches the component trades booked into the systems.

Credit Lyonnais (Asia) January 2001- March 2002

International Equity Settlements Analyst (Consultant)

• Responsible for following up on pre-matched trades for buy-in markets(Spain, Greece)

with custodian to ensure SWIFT message instructions are set up correctly

• Researched corporate actions events using independent market data source (i.e.

Euroclear / Citibanking /Alert/ Polaris / Fed wire) to verify accuracy of our holdings

and amount payable/receivable

• Balanced month-end breaks, reconciliation of trades and fails with fellow brokerage

houses

• Responsible for ensuring timely settlement for Domestic and International trades for the

agency business

• Resolved equities DVP settlement disputes for institutional clients.

• Created execution spreadsheets for traders involving share quantities, commission

taxes, and grosses.

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