Manager Management

MICHAEL O'MALLEY, FRM

***********@*****.*** New York, NY 917-***-****

RISK MANAGER PROJECT MANAGER

Enterprise Risk Management Operational Risk Management Compliance Process Improvement Quality Assurance Project Management Reporting More than 10 years of Financial Services experience, advanced industry credentials, 8 years of leadership experience, serving some of the world’s largest, most complex financial institutions.

§ Advanced analytical skills, deducing connections within disparate data sets and identifying underlying issues within complex business processes across the enterprise. Noted for delivering insightful analytical reporting for leadership teams.

§ Articulate, diplomatic communicator who excels in supporting timely decision-making through effective cross-functional collaboration, facilitation, and knowledge-sharing. Strong mentor and instructor with ability to break down complex concepts and clearly communicate them to any audience.

§ Strategic, innovative approach, enhancing risk management programs for multinational institutions.

§ An industrious, versatile performer valued for business acumen and domain expertise. Proven ability to rapidly research and apply key concepts, tools, and processes to create best practices. EXPERIENCE

EY ERNST & YOUNG – New York, NY Jan 2013 to Present Manager - Financial Services Office Enterprise Risk & Controls Operational Risk Led project teams in delivering regulatory transformation and global integration projects in Risk Management, Compliance, Quality Assurance, and Audit space for G-SIBs and other LCFIs. Collaborated with client COOs, Managing Directors, and Internal Counsels. Earned recognition for outstanding mentoring of team members.

§ CCAR Controls Testing – Global Financial Institution Developed and implemented testing/reporting program around FR Y-14A production controls framework. Identified inefficiencies and presented enhancement opportunities to management.

§ Volcker Compliance and Quality Assurance – Multiple Firms, including US Subsidiary of Japanese Bank

- Evaluated Volcker independent testing program through analysis of design and operating effectiveness of control environment for trading and origination desks. Provided improvement opportunities.

- Developed Volcker policies and procedures for equities, FICC, structured products, and derivatives desks. Assisted with desk categorizations based on authorized products, activities, and hedging strategies.

- Developed fund categorization assessment tools and determined Covered Fund status of hundreds of closed-end funds, ETFs, and other securitized products.

§ Risk and Control Self-Assessment (RCSA) – Credit Card Services Division of Global Financial Institution Worked with Front Office, Risk and Product Compliance to create best in class RCSA. Developed activity-level process maps in Visio and determined controls and mitigation effects against the risks in each process step.

§ AML KYC Remediation – Global Asset Manager

Updated KYC procedures/requirements to ensure compliance with US and head office standards. Oversaw significant effort to refresh KYC files for all US based corporate clients.

§ Consent Order Program – Credit Card Services Division of Global Financial Institution Developed sustainable program to allow client to determine and communicate accountability of open regulatory findings and to develop, execute, and track projects to address them.

§ Risk Management Best Practices – Global Financial Institution Developed benchmarking methodology to create consistent global best practices around risk appetite, risk tolerance, reporting, and remediation efforts.

BANK LEUMI – New York, NY Oct 2011 to Jan 2013

Enterprise Risk Manager

Recruited by and reported to CRO at the US subsidiary of an Israeli bank. Supported multiple functions within the organization: Credit Risk, Market Risk, Operational Risk, and Treasury Middle Office. Developed Enterprise Risk Management program and took a lead role in a number of other strategic projects.

§ Partnered with CRO to overhaul the bank’s ICAAP process for Basel and parent company requirements.

§ Developed and conducted stress tests/scenario analyses to determine effects on bank earnings, capital, reputation, and overall market outlook. Updated risk profile to identify and rank risks. MICHAEL O'MALLEY, FRM

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BANK LEUMI – New York, NY Oct 2011 to Jan 2013

Enterprise Risk Manager - continued

§ Updated CRO on developments around Basel III and Dodd-Frank requirements and potential business impact.

§ Prepared executive-level reports on updates to Basel guidelines: liquidity/funding measures, leverage ratio, updated definitions and treatment of capital instruments, counterparty credit risk evaluation, quantity and quality of the capital base, capital conservation and countercyclical buffers.

§ Led training sessions on identity theft for >500 employees nationwide. CANTERBURY SCHOOL AND COLLEGIATE SCHOOL Aug 2005 to June 2011 Instructor of Calculus, Physics, Economics

TRILLIUM TRADING HEARTLAND SECURITIES – New York, NY Aug 1999 to June 2005 Manager Trader

Traded NASDAQ and NYSE equities on a proprietary basis in a fast-paced, high pressure environment; up to 1MM shares per day with total value of up to $20MM.

§ Leveraged advanced skills in trend analysis and pattern recognition to capitalize on volatility and market inefficiencies in numerous business sectors.

§ Promoted to lead and train a staff of 6 traders, while concurrently executing high-volume trading strategies.

§ Developed and implemented advanced training programs for new hires and advanced traders. Topics included risk tolerance, trading techniques, market sentiment/trends, graphing, and filtering tools.

§ Supported firm’s development of advanced day trading platform by conducting beta testing over a 3-year period, documenting performance issues, and developing functional enhancements with programmers. Key contributor to enhanced functionality for rapid trade transaction and better data analysis. EDUCATION CERTIFICATION SKILLS

GLOBAL ASSOCIATION OF RISK PROFESSIONALS (GARP) – Jersey City, NJ Certified Financial Risk Manager (FRM)

NEW YORK UNIVERSITY - SCHOOL OF CONTINUING AND PROFESSIONAL STUDIES – New York, NY Advanced Certificate, Financial Risk Management

Coursework for the above two certifications:

§ Measurement and management of market, credit and operational risk, including Value at Risk and Expected Shortfall

§ Hedging strategies for all major classes of traded products

§ Using derivatives for arbitrage and speculation

§ Options strategies, including synthetic positions and exotic options, options Greeks

§ Debt instruments and yield curve analysis, including duration, convexity, and DV01

§ Securitization and structured financial products

§ Interest rate swaps, credit default swaps, and currency swaps

§ Correlation and volatility analysis

§ Quantitative analysis, including Monte Carlo Simulations and advanced MS Excel

§ Credit risk models, including use of credit and interest rate derivatives

§ Funding strategies, including repo markets and cash neutral trading BROWN UNIVERSITY – Providence, RI

Bachelor of Science, Mechanical Engineering – Key courses in Quantitative Analysis and Mathematics Men’s Rugby Club – Co-Captain

ADDITIONAL SKILLS

Project Management – Talent for managing challenging projects that require critical thinking, a unique combination of skill sets, and an ability to conduct in-depth analysis. Tools and Technologies – Strong Excel user, experience with VBA; experienced in leveraging relevant tools, applications, and models including GARCH, Black-Scholes, and Monte Carlo simulations. Tech-savvy quick study who contributes to streamlining of business processes.

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