Sarah Park
**-** ***** ** *** *K FOREST HILLS, NY 11375 646-***-**** acs7j4@r.postjobfree.com
Experience
Barclays, New York, NY July 2014 to June 2015
Consultant, Relationship and Account Management
Managed and maintained agent bank relationships reviewing and updating account data within Network Management accounts database
Provided support to OTC Derivatives and Futures business in opening, maintaining and closing external securities and cash accounts ensuring all documentation is reviewed, executed and archived properly.
Ensured execution of deliverables by coordinating necessary correspondence, leading meeting with senior partners and collating all account data and research
Facilitated settlement and funding requirements across all Barclays entities
Liaised and acted as escalation point with Barclays service providers for the resolution of daily issues
Resolved any bank account setup or service issues both with internal infrastructure areas and externally with agents
Provided support for ad hoc requests and projects including externally driven regulatory requirements, account identification exercises, Audit, Compliance, Regulatory and Tax requests for account infrastructure
Completed ad hoc project assisting Collateral Management Team in reconciling accounts by liaising with Agent Banks requesting statements and confirmation of accounts.
Deutsche Bank Securities Inc., New York, NY December 2012 to November 2013
Consultant, Collateral Management
Performed enhancements to support central clearing of derivative deals including enhancing external client statements, handling multiple currencies and improving workflow
Worked with business and technology teams to identify, assess and document requirements for new technology applications
Completed testing on technology rollouts ensuring accurate flow of data on reports
Updated and documented procedures for purposes of training new employees and cross-training of current employees
Generated client statements for clients clearing trades at CME, ICE and LCH
Worked with internal departments to resolve all discrepancies
Produced and distributed ad-hoc reporting requirements to clients
HSBC Securities, Inc., New York, NY November 2008 to June 2012
Margin Manager, Collateral Management
Analyzed counterparty credit risk exposures and mitigated counterparty risk by detecting significant trade population and valuation differences
Issued and responded to daily margin calls in a timely manner in relation to firm's OTC derivatives, repo and reverse repo trading portfolio
Performed daily portfolio reconciliations using TriResolve to identify mark-to-market and independent margin differences
Coordinated and liaised with Risk, Sales, Product Control, Operations and Trading department to resolve disputes
Analyzed and resolved daily collateral breaks by investigating and liaising with counterparties and settlements team
Managed customization and distribution of valuation statements on a daily basis
Tested and supported additions of technology features for new technology rollouts using UAT test scripts; articulated issues and requirements in written form for production
Goldman, Sachs & Co., New York, NY October 2006 to September 2008
Consultant, Credit Risk Management & Advisory
Evaluated trading counterparties' risk profile in order to determine acceptable credit exposure level ensuring credit exposure is managed within the firm's risk appetite
Handled requests from Legal, Sales, or clients confirming entities have been approved and appropriate risk mitigants are in place prior to trading
Conducted due diligence on new entities by analyzing documentation and financials in order to approve and create credit terms and margin screens
Advised Legal of credit terms for inclusion in ISDA (International Swaps and Derivatives Association) and CSA (Credit Support Annex) agreements
Interfaced with Collateral Management to ensure the accuracy of the collateral process
Generated various reports on behalf of Dollar Options, Mortgage-Backed Securities, Sovereign, Funds Teams and Controllers; Reports include daily trading activity, exposure summary, and list of counterparties due for review
Eastern Funding LLC, New York, NY September 2003 to May 2006
Credit Analyst
Monitored asset based loans and commercial business loans up to maximum of $1M for each transaction
Prepared the appropriate credit package by conducting client interview, credit check, lien searches and state financial statement reviews
Drafted credit memorandums for underwriting approval and developed new loan proposals submitted by sales staff
Represented the company at trade show conventions and open houses to seek active outside business development with vendors and other referral sources
Education
University at Albany, State University of New York, Albany, NY
Bachelors of Science, Business Administration concentrating in Finance and Marketing, May 2002
Skills
computer: Proficient in Microsoft Office Suite (Excel, Word, PowerPoint, Outlook, and Access) and Bloomberg
Languages: Fluent in Korean; Conversational Japanese