Sales Customer
Resume:
Thomas F. De Meo
West Milford, NJ 07480
************@*****.***
PROFESSIONAL EXPERIENCE
Commerzbank AG New York, NY 2012 - 2016
FX Options Trading
Managed New York FX Options desk
Oversaw the risk across all FX option books globally
Traded Latin American and G10 currency pairs
Priced and managed vanilla and exotic options for all G10 and Latin America pairs
Involved in trader mentorship programs within and outside of FX division
Managed Electronic Options pricing platform for G10 pairs as well as assist in development in EM pairs
Grew New York and international customer base in addition to active relationship management of existing clients
Traded proprietary positions using vanilla and exotic options through the use of technical analysis supported by fundamental information
Commerzbank AG New York, NY 2010 - 2012
Global Head of FX Options Trading
Managed a team of 8 people to meet the 50M euro budget both years
Managed global FX Options desk consisting of teams in Singapore, London, and New York
Oversaw the bank’s entire FX Options risk across both G10 and EM currencies, the latter consisting of Asian, Eastern European, Middle Eastern, and Latin American pairs
Managed a VaR of € 5 million
Coordinated the expansion of the global customer base with global head of sales
Worked closely with the financial engineering department to add FX Options to the Commerzbank eFX Trading Software, Click & Trade FX
Commerzbank AG New York, NY 2006 - 2010
New York Head of FX Options Trading
Started the options desk in New York in 2006, helping expand the business from one center bank in Frankfurt into a global business.
Worked in the London office in 2008, was an integral part of moving the desk from Frankfurt to London. Helped run and reorganize global business in London.
Responsible for managing and pricing plain vanilla and first generation exotics on all major currency pairs during New York trading hours, G10 and EM
Expanded the customer base of the New York office by adding Latin American currency pairs to the list of quotable FX Option currency pairs
Managed global FX Options risk and priced all customer requests after London trading hours
Increased profitability of global FX Options business by adding new customers and proprietary trading Calypso Technology Inc. San Francisco, CA 2005 - 2006 Product Specialist
Responsible for the overall development of FX Option risk management software
Implemented new analytics and FX Option varieties
Involved in testing and system redesign
Met with potential clients for product demonstrations Credit Lyonnais (Credit Agricole) New York, NY 1993 – 2005 Senior FX Options Trader,
Grew the FX Options business from a start-up venture into a global book
Responsible for the implementation of Murex 2000 across the FX Options business line
Managed the entire global book of vanilla and exotic options during New York trading hours
Priced vanilla and exotic options for all major G7 currency pairs with heavy focus on USD/CAD, USD/MXN, and their respective crosses.
Worked with sales team to price and create complex strategies to meet the needs of the bank's customer base
Expanded customer base through education of sales staff and direct interaction with customers.
Active in supporting both the broker and direct markets
Traded proprietary positions using vanilla and exotic options through the use of technical analysis supported by fundamental information
Wrote daily options commentary and market analysis for customers and internal clients Credit Lyonnais New York, NY 1991 - 1993
FX Derivatives Middle Office
Performed daily profit and loss reports on the currency options business
Responsible for monitoring risk limits and counterparty risk
Developed procedures for the back office
PROFESSIONAL CERTIFCATIONS
Series 7
FSA – FCA UK
EDUCATION
Rutgers University New Brunswick, NJ 1987 - 1991
B.A. Economics
Minor in Finance and Accounting
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