Manager Professional Experience

*

Leon Aduculesi

**** ***** ****** *******, *********, N.Y. 10463

646-***-**** • ****.*********@*****.***

PROFESSIONAL EXPERIENCE

Citi Commercial Bank, New York, NY

Senior Foreign Exchange Hedging Specialist – Vice President 2010 to Present Actively advise clients on foreign exchange strategies to improve treasury operations for an immediate impact on profitability.

Consistently improving trading volume for the Northeast US region by 35% per year by reviewing portfolios and prospects of relationship managers and identifying companies with non-US dollar currency exposure.

Increased annual revenue production from $630,000 to over $6 million by providing clients with effective foreign exchange strategies to mitigate their currency risk exposure and improve treasury operations.

Effectively advise companies in the management of their foreign exchange exposure as well as execute spot, forward, derivative, and swap transactions related to the implemented hedging strategy.

Dynamically promote our foreign exchange desk by conducting seminars on the benefits of foreign exchange hedging.to middle market & upper middle market companies.

Conduct workshops to educate bankers on ways to identify clients with foreign exchange needs.

Cultivate relationships with bankers by promoting a team atmosphere where we work together to accomplish the common goal of providing clients with tailored foreign exchange solutions to their currency exposure.

Given the responsibility of covering additional market areas in the US because of my proven job abilities, success in acquiring new clients, knowledge of the markets, and effective communication skills.

Working knowledge of FAS133 hedge accounting (Cash flow and net investment hedges). Citi Private Bank., New York, NY

Foreign Exchange Product Specialist – Vice President 2005 to 2009 Collaborated with clients, relationship managers, investment counselors and trading desks to analyze and structure trading and risk management/hedging strategies for foreign exchange, derivatives, and commodity products.

Generated revenues in excess of $4 million a year by effectively communicating with clients, streamlining product creation, introducing successful product lines, and conducting seminars to educate clients and bankers on the benefits of capital markets products to hedge & diversify a portfolio.

Increased product revenue for Dual Currency Deposits by 100% through effective marketing, updating internal processes, and taking on the role of structuring the product using derivatives and deposits.

Created new revenue of $500,000 a year for the Capital Markets Desk by introducing Market Linked Deposit products that are principal protected using the combination of derivatives & deposits.

Provided clients with the ability to trade commodity products by using derivative options to structure look-alike commodity futures contracts.

Increased trade execution by 15% by creating a weekly newsletter promoting the top Capital Markets investment ideas.

Developed strong relationships with private bankers, investment counselors and direct trading clients by providing ideal investment guidance, targeted trading ideas, & consistent customer satisfaction.

Conducted seminars to educate clients on foreign exchange risks and the benefits of risk management to their overall portfolio

Promoted product growth by participating in daily calls providing market updates and trading strategies to the Private Banking group.

2

Leon Aduculesi 646-***-**** ****.*********@*****.*** PROFESSIONAL EXPERIENCE (Continued)

Citi Private Bank, New York, NY

Credit & Operational Risk Manager – Assistant Vice President 1999 to 2005 Vigorously worked to identify, analyze, address, and manage the risks associated to the Private Bank trading desk.

Increased new client trading by 20% and reduced the average timeframe of client setup from 1 month to 5 days by implementing a process to approve credit trading lines provided the clients due diligence & risk tolerance was in place, collateral was blocked for the specific trading line, and the client signed a non-negotiated ISDA.

Project leader and key contact to system engineers in creating a network application that gave traders the ability to see clients’ approved & available credit and collateral lines which reduced trading excesses by 90% and trade execution time by 75%.

Improved customer satisfaction by working with system engineers to create an automated FX trade reporting system that accurately downloaded client positions from the trade execution system.

Approved credit trading facilities with a pre-settlement exposure limit of $5,000,000.

Approved trades in excess of approved credit lines by analyzing the client assets in the bank and risk tolerance.

Monitored all foreign exchange, commodity, equity, and fixed income derivative positions for the private bank and ensured clients do not assume credit risk exposure in excess of their approved trading line.

Advised investment bankers and traders on the credit lines necessary for client transactions.

Identified, investigated, and assisted in resolving all excesses in client approved credit limits.

Communicated all margin calls to bankers and ensure they are resolved in the appropriate timeframe.

Managed a team of four individuals that always added value and exceeded expectations within the corporation. Citi Private Bank, New York, NY

Business Manager 1998 to 1999

Proactively planed, directed, and coordinated the day to day operations within the Investment Advisory department.

Managed all trade-related processes for the Investment Advisory department.

Developed and implemented procedures, which reduced trading errors by 70%, increased revenues by 30%, and enabled the department to operate in a controlled environment in accordance with regulatory requirements.

Primary liaison between the investment counselors and traders.

Focused the department on providing the highest quality service, support, and execution for its clientele.

Reviewed and approved all research and investment strategy publications distributed to customers globally.

Ensured that no unauthorized entries or unapproved losses were passed through any accounts.

Developed relationships between the department’s traders, investment counselors, and outside Broker-Dealers.

Responsible for negotiating and settling all transaction disputes for the department.

Supervised the licenses and certifications of all registered staff in the department. EDUCATION

Master of Business Administration (MBA) degree with a concentration in Finance Baruch College – Zicklin School of Business, New York, NY Bachelor of Science (BS) degree with a concentration in Finance - Minor: Political Science New York University - Stern School of Business, New York, NY SKILLS

Licensed Series 7, 6 and 63

Proficient in MS Office, Bloomberg, Reuters, and Internet Communications.

Contact this candidate