Management Office
Resume:
Daniel J. Greco
Hoboken, NJ 07030 *************@*****.***
EXPERIENCE:
J.P. Morgan Chase Brooklyn, NY
Hedge Fund Services – Client Processing Manager June 2015 – Present
Reconcile trades, investment positions and cash balances to external third parties (banks, prime brokers, counterparties and custodians)
Perform trade and cash break resolution with prime brokers, counterparties, and clients
Oversee and support security life cycle event processing for equities, corporate bonds, foreign and domestic repos, listed options, listed futures, and private equity deals
Work closely with clients to resolve queries pertaining to cash and position breaks, P&L and cost differences while providing first level account service
Coordinate with IT groups to streamline operational processes to reduce risk, and improve efficiencies
Preparation for monthly operations sign-off (including finalizing reconciliations and assessing materiality)
Ensure all scheduled operational deliverables are completed by agreed deadlines with the client and/or internal JPMorgan divisions
MetLife Investments Morristown, NJ
Valuations and Analytics – Senior Derivatives Analyst Sep 2014 – June 2015
Verify derivatives transactions, ensuring proper trade details are accurately reflected in trading systems with appropriate models and confirm details with counter parties
Continually update valuation models including yield curve construction to accurately price OTC derivatives products with industry standards including but not limited to fixed income, credit, equity and currency markets
Perform profit and loss analysis and attribution of derivatives portfolios
Support and provide derivatives valuations and risk reports to front and back office users for month and quarter end accounting requirements
MetLife Investments Morristown, NJ
Collateral Management – Derivatives Analyst June 2012 – Sep 2014
Reviewed and processed daily collateral margin calls for OTC and listed derivatives including futures, options, credit index and interest rate swaps
Provided reports to senior management on valuation discrepancies and initial margin analysis in an effort to minimize market and collateral risk which assist in determining future trade strategy
Consistently updated and enhanced the daily margin process of listed derivatives to support constant changes to the Dodd/Frank legislation
Supported Capital Markets Group with Federal Home Loan Bank lending program: monitored bank loans versus collateral balances placing controls to guarantee lending levels are maximized
Developed new talent hires and cross trained on the functions of futures and cleared OTC daily margining
Project Management:
Utilized project management skills to lead division wide effort for Dodd/Frank implementation for the clearing of OTC derivative products including interest rate swaps and credit default swaps
Produced multi level project plan for collaborative testing of cleared trades through the execution and life cycle of the trade including front, middle, and back office with IT support
Coordinated and led daily project conferences to provide updates on project status and to ensure project mile stones were being met by respective deadlines
Created extensive test case scenarios to properly analyze new system processes were functioning correctly across multiple lines of business
MetLife Investments Morristown, NJ Collateral Management – Consultant Sep 2011- June 2012
Performed daily collateral management functions for listed futures and options positions including valuations, trade break resolution, cash management, and variation margin confirmations
Analyzed and confirmed initial margin calculations for multiple products across all respective exchanges
Supported development and deployment of automated futures collateral management process; worked with front office traders, back office teams and production management to create and test functionality of new procedures
Enhanced margining process with creative methods to make daily operations more efficient
Maintained and created month and quarter end reports for portfolio and senior management groups to support risk management
AXA Advisors Nutley, NJ Financial Advisor Oct 2009 – Sep 2011
Developed and implemented financial plans for individuals and small businesses utilizing knowledge of tax and investment strategies, securities, insurance, pension plans and real estate
Interviewed clients to determine assets, liabilities, cash flows, insurance coverage, tax status and financial objectives
Conducted comprehensive portfolio reviews to reevaluate objectives and projected portfolio performance
Created marketing and implementation initiatives for various financial products and services to grow business through print ads, e-mail and mailing campaigns
Prepared various client reports including financial needs analyses, portfolio allocation reviews, and risk tolerance questionnaires
Mercury Financial Asset Management Red Bank, NJ
Operations Analyst Sep 2007-Feb 2009
Oversaw trade allocation and reconciliation of daily trade statements including daily customer P&L, cash and position adjustments, trade breaks, and various clearing discrepancies
Headed implementation of fund marketing material; i.e. monthly promotional pieces, power point presentations and web site
In charge of monthly fund accounting, including preparation of brokerage and bank statements
Administered the compilation and distribution of monthly investor statements
Executed futures trades for personal and company accounts specifically in the Crude Oil, Soybeans, and Wheat markets using the CQG Trader platform
Analyzed systematic trade orders to determine the most appealing trade action based on fundamental market conditions and levels of systematic risk
Atlantic Cotton Corporation New York, NY
New York Board of Trade, Booth Manager Aug 2004 – Aug 2007
Managed order booth for firm trading agricultural futures and options on exchange floor
Performed market analysis; provided customers with current news and analytical information regarding specific commodity futures and options products such as cotton, coffee, sugar and frozen concentrated orange juice
Systematized account allocation by allotting specific trades with corresponding customer accounts
Responsible for solving any back office issues including, but not limited to, incorrect account allocation, trade price differentials, cash adjustments and confirmation of account information
PROFESSIONAL DEVELOPMENT
Certifications Previously Held: Series 3, 7, 66, New Jersey Life, Accident and Health Insurance
Computer: Microsoft Office: Microsoft Word, Excel, Power Point, and Access, SQL, Advent Geneva, TLM Reconciliation System, Murex, Blackrock Aladdin System, GTSS, Charles River, Algorithmics, CQG Trading Platform, WebICE Online Trading System, TradeStation, Open E-Cry,
Acknowledgements: MetLife Investments Alpha Award Recipient
Tulane University New Orleans, LA
A.B. Freeman School of Business May, 2004
Bachelor of Science in Management
Majors: Finance and Legal Studies
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