Manager Management

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JAMES S. CONAHAN

acy4t3@r.postjobfree.com - Mobile: 732-***-**** - 2 Midsummer Dr. Old Bridge, NJ 08857

Managing Director- Senior Finance executive responsible for developing and managing diverse finance functions for sizable subsidiaries of 2 global systemically important banks

Significant experience in C-suite financial reporting, analysis, due diligence and integration of acquired organizations

Responsible for leading finance transformation efforts including improved efficiency processes and location migrations

Senior Controller of 200+ legal entities with combined balance sheet exceeding $1 Trillion

Unique ability to incorporate diverse finance skills, knowledge and experience across business sectors with specialty in Capital Markets/Proprietary Trading Retail, Institutional and Clearing Securities Brokerage Prime Brokerage Asset Management Investment/ Commercial Banking businesses

Accomplished in management of highly complex transactions recorded on regulated and rated legal entities

Pershing, LLC (a BNY Mellon company) - Managing Director Jersey City, NJ (2013-2017) Senior Finance Manager for Controllers, Treasury, Balance Sheet Management, Interest Analysis and Interest Control functions

Chairman of Pershing’s Asset & Liability (ALCO) and Global Interest Rate committees

Voting member of the following committees: BNY Mellon, NA Bank (ALCO) Risk Management Steering Technology Priorities Business Acceptance Review Pricing Credit and Market Risk

Possession and Control (SEC 15c 3-3) Senior Risk Management (with Executive Committee)

Appointed Pershing global lead for the following BNY Mellon initiatives: Corporate Treasury business process improvement Interest Rate Governance Balance Sheet Management

(Supplemental Leverage Ratio initiative)

Contributor to BNY Mellon Resolution & Recovery Planning exercise (Federal Reserve SR-14) Selected Achievements:

Authored and implemented Pershing’s Liquidity and Contingency Funding Plan necessary for liquidity/funding continuity under both business as usual and stress scenarios in compliance with FINRA Regulatory Notice (15-33)

Authored and implemented Pershing’s Firm Account Ownership Policy necessary for the installation of the “Owned & Analyzed” initiative representing a paradigm and cultural shift in risk assessing Balance Sheet quality and support

Interpreted and applied the Liquidity Coverage Ratio (LCR) bank rule to Pershing businesses resulting in liquidity premium business line allocations

Developed a study to determine business line providers and consumers of Pershing’s Liquidity Asset Buffer resulting in incremental funding cost/liquidity premium allocations

Enhanced efficiencies and controls through automation of manual processes and development of new value add routines including;

“Collateral Firepower" - identification of available securities collateral in relation to existing repo and stock loan counterparty lines necessary for secured financing optimization and liquidity coverage

High Quality Liquid Asset (HQLA) collateral identification – selected vendor to provide HQLA level bucketing; instrumental for asset based pricing/revenue enhancement

Owned & Analyzed Reporting System (OARS) – system to provide Balance Sheet attestations and support

Finance DataMart – repository to automate daily global Balance Sheet assembly and daily stress testing under 4 prescribed scenarios (2 idiosyncratic, 1 market and 1 hybrid)

Volcker Rule analysis – new Treasury currency forward reporting required to evidence compliance with aspect of Dodd-Frank Wall Street Reform

Return on Leverage Capital and Return on Asset by client analysis Page 2

Citigroup - Managing Director New York, NY (2008-2012) Balance Sheet & Intercompany Controller – North American Controllers / Head of Financial Conversions / Head of Corporate Reporting / Head of Interest Control & Analysis

Senior Finance Manager for 150 direct reports spanning New York, Toronto, Buffalo, and Tampa.

Senior Controller & Legal Entity Manager accountable for 200+ legal vehicles, covering $1.0 trillion in aggregate balance sheet including: multi securities Broker-Dealers (retail/institutional/prime brokerage, options market maker, ECN and automated trading) - Derivatives Dealer - Commercial Paper funding - HUD/FHLA regulated - AAA Rated DPC - Parent/Holding Company - Corp Chain/Anti-Tying and Bank Chain/Lending entities

Board Director- 7 Legal Vehicles

Head of the following Finance groups: Corporate Reporting Balance Sheet Consolidations

Financial Conversions & Migrations MSSB JV Clearing Analysis & Settlements Interest Reporting & Analysis Secured Debt (i.e. Repos, Borrow/Loans) Accounting Global ICG Intercompany Control Firm Non Marketable Investments Balance Sheet Assessment Reporting Corporate O&T Financial Control AFS/HTM (FAS 115) Investment Accounting

Product Line Balance Sheet Controller-non business owned (i.e. Corporate) assets Selected Achievements:

Authored global “Rules of the Road” policies for effective balance sheet control, intercompany reporting, and legal entity management procedures

Migrated significant control and reporting functions to lower-cost locations that saved $10 million annually

Managed $6.0 billion in annual revenue settlements with MSSB joint venture via weekly settlements

Participated in Basel II Quantitative Impact study

Mentored “The Women’s Council” and officer promotion candidates with 50+ participants

Developed Citigroup’s CFO simulation training module and instructed HR sponsored training classes to finance employees

Collaborated with on-campus recruiting efforts and Citigroup’s Financial Management Associates program

Initiated and instituted Risk Control Self-Assessment/SOX Compliance routines

Integrated new financial and product control methodologies that facilitated third-party trade clearance Citigroup - Managing Director New York, NY (2003-2008) Head of Corporate Reporting / Head of Product Control / Head of Risk Based Capital Reporting / Head of Fed Regulatory Reporting / Head of Interest Control & Analysis

Head- Financing Product Control groups: Finance Desk (Fixed Income), Stock Loan (Equities), Risk Treasury, Retail/Institutional Net Interest Margin Senior Finance Manager Canadian LVs (Country CFO Direct Report) Managed Federal Reserve Bank TIC, FRY and Cross Border filings Lead Finance Representative Citigroup Global Balance Sheet and Intercompany Control Committee Selected Achievements:

Generated $25.0 billion in RAP asset savings for Citigroup via victorious lobbying that altered FRB rule relaxing risk- based capital charge on equity stock borrows

Recipient of 1st award granted by Citigroup and presented by CFO Committee for Balance Sheet Control

Due diligence lead on Citi Asset Management sale to Legg Mason- maintained earn-out agreements Page 3

Salomon Smith Barney - Director New York, NY (1998-2003) Assistant Controller / Head of Corporate Reporting / Head of Product Control / Head of Risk Based Capital Reporting / Head of Fed Reporting / Head of Interest Reporting & Analysis

Head – Risk Based Capital Group (Founded) Head – Fed Regulatory Reporting (Founded)

Treasurer-Asset Management Managed, analyzed and prepared HUD/FHA/FNMA & 10K/Q Filings Selected Achievements:

Pioneered Citigroup’s inaugural Risk-Based Capital Calculation

Created Risk-Based Capital (RBC) and Fed Reporting groups

Ascertained Risk-Weighted Assets (RAP) for all Corporate & Investment Bank businesses

Due diligence finance lead on Nat West (Australia) acquisition

Designed analysis of Unallocated Interest recorded in Corporate/Treasury requiring comprehension of financing activities and interest allocation routines relative to average balance sheet composition/changes Smith Barney Shearson - Senior Vice President New York, NY (1993-1997) Assistant Controller/Head of Corporate Reporting/Head Broker-Dealer Regulatory Reporting / Head SEC Public Reporting / Head Accounting Policy / Head Interest Reporting & Analysis

Head-SEC/Broker-Dealer Regulatory Reporting-NYSE/FINRA Broker-Dealer (FOCUS report)-, Net Capital and Customer Protection calculations (15c3-1; 15c 3-3), SEC 17H (MAP) filings;

Annual audit reporting (SEC x17-5) Head-SEC Public Reporting & Accounting Policy (Founded)

Head-Interest Reporting & Analysis (Founded) Head-Risk Adjusted Return On Capital

(RAROC) Group Legal Entity Governance: Double Leverage reporting, Legal Entity capital adequacy

Selected Achievements:

Public Reporting-managed SEC 10K/Q, 8K Filings & debt covenants, MD&A disclosure, etc.

Originated Interest Control & Analysis (NIM) group

Sponsored and developed multiple interest analysis and reporting systems

Due diligence lead on Shearson acquisition from American Express

Successful migration and integration of people & functions during Shearson and Salomon Brothers acquisitions

Managed Stock Loan sharing arrangement with Lehman Brothers during Joint Back Office arrangement

Finance lead for Lehman operational de-conversion to Bear Stearns

Participant in Walker general ledger conversion

Panelist at SIA/FMD industry “Hot Topics” sessions re: FAS 125

Managed stockholders’ equity conversion (private to public): Smith Barney acquisition by Primerica EDUCATION & LICENSES

Rutgers University-Bachelor of Science- Accounting FINRA Series 7, 24 and 27 licenses

MEMBERSHIP

Securities Industry Association/Financial Management Division - Conference Steering Committee Member SIFMA/AICPA Annual Conference member

SIFMA – Treasurers Committee Member

SIFMA – Capital Steering Committee Member

DTCC – Clearing Agency Liquidity Council (CALC) member

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