Front Office Assistant

Michael R. Damante

* ******** *****, ********** ****, N.Y. 11762

*****************@*****.*** 516-***-****

Highly qualified professional offering more then 20 years of experience within the Financial Industry.

In depth Knowledge of Fixed Income with emphasis on Government Securities, MBS, Corporate Bonds

Futures, Preferred Equity, Repos & Reverse Repos, Securities Lending. Result-oriented, decisive leader with proven success in

Strategic thinking, planning, and problem solving.

PROFESSIONAL EXPERIENCE

SG Americas Securities LLC(Newedge), New York, New York 10/05-4/16

Manager Fixed Income Accounting

Reviewed and reported Profit and loss from trading activities, and evaluate the accuracy of the supplied valuation.

This includes calculating and analyzing P/L, and explaining P/L movement for Securities Lending, Matched Book

& Fixed Income products Such as Government Securities, Muni Bonds, MBS, Corporate Bonds, Futures.

Provided ad-hoc reporting to senior management.

Liaised closely with multiple groups such as Operations, Technology, and Market Risk to resolve issues.

Supported process and system improvements through participating in various project initiatives

Performed all aspects of the month end close for the Balance Sheet & Income Statement

BEAR, STEARNS & CO. INC., New York, New York 5/00 – 9/05

Business Unit Controller –Corporate Bonds (8/04 – 9/05)

Analyzed, explained & validated P/L between the front & back office. Reconciled all trading to products such

As Corporate Bonds, Government Securities, Credit derivatives, Futures, Preferred Equity, and financing

Of related Securities.

Performed all aspects of the Month End close with regards to Balance Sheet & Income Statement integrity.

Performed the implementing & testing of a new Cost of Carry system that was instituted firm wide.

Recruited to intergrate & oversee the Credit Derivatives Group & assume day-to-day P/L functions.

Supervised a staff of two.

Senior Accountant-Mortgages Backed Securities (8/01 - 8/04)

Performed reconciliation between the front office & back office P/L systems.

Supervised the MBS Department in all aspects dealing with coupon & P/I issues.

Analyzed & validated all month end adjustments for coupon interest

Performed all aspect of the month end close with regards to Balance Sheet & Income Statement for ARMS

Financing & Government Securities (5/00 – 8/01)

Prepared and analyzed daily P/L of Fixed Income Matchbook, and Government Securities firm trading.

Prepared evaluated and analyzed market value of all MBS trading accounts to ensure that proper portfolio

Allocations were being taken.

Interfaced on a consistent basic with the front office regarding Cost of Carry and other P/L issues.

PARSON GROUP LLC, New York, New York 3/98 – 3/00

Consultant - SG COWEN SECURITIES CORP., Product Control Group

Performed daily P/L reconciliation of Government & MBS Matchbook, and Firm Trading

Acted as liaison between Finance Desk and various departments of S G Cowen &

Bear Stearns government operations including, P/L, accounting, and clearance.

Analyzed financing, trading and market revenues, as well as monitoring price fluctuations, and market conditions.

NOMURA INTERNATIONAL TRUST CO., Jersey City, New Jersey 6/91 – 12/97

Assistant Vice President -Securities Lending

Initiated and managed a Securities Lending program which encompasses all Domestic and

Japanese Equities, as well as a variety of Government and Agency Debt Instruments.

Monitored all cash positions resulting from Securities Lending, Clearing, and Cash Management

Activity, for the purpose of daily investment in a variety of long and short-term instruments

Coordinated all system and processing enhancements to complement new products and services.

Managed the day to day operations of the Trust Company which includes the clearing

Processing for Fixed Income, Equity, Euro Clear, and Income Collections. Managed a staff of nine.

EAST HAMPTON SECURITIES LTD. /S.L.S. INC., New York, New York 6/90 – 6/91

Repurchase Agreement Broker

Created and executed Repurchase Agreements between major government securities dealers.

ELDERS GOVERNMENT SECURITIES INC., New York, New York 7/86 – 6/90

Assistant Vice President- Repurchase Agreement Trader (Firm Position & Matched Book)

Financed short and long trading positions of Treasury Issues on a day-to-day and term basis.

Experienced in trading specials on an open and term-matched book.

Reviewed various operation, clearing and accounting systems to record government securities

Activity and made recommendations to management.

Established procedures, and created customer and security master files for a start up operation.

EDUCATION Long Island University, Brooklyn, NY - M.B.A. Finance

Saint Francis College, Brooklyn, NY B.S. Accounting

Contact this candidate