JESSE BENJAMIN MARK
**** ***** ***** **** *******, GA 30032
+1-862-***-**** ad1zvx@r.postjobfree.com
PROFESSIONAL EXPERIENCE
Raymond James Asset Management St Petersburg, FL
Trading Support Associate II September 2023-present
Handle trading functions in multiple internal OMS systems for equities, ETFs and mutual funds
Analyze individual account data to identify outliers of current model positions and resolve discrepancies
Perform report generation and reviews
Pacific Life Asset Management Huntington Beach, CA
Senior Analyst II November 2022-November 2023
Provide full daily derivative operational coverage to 5 traders, 10+ PMs, and 3 executives
Liaise among 31+ internal and external counterparties to ensure timely CF settlements
Review confirms for legal department, along with MCA streamlining through Markit when possible
Centrally clear trades with working knowledge of Dodd Frank regulatory stipulations
Barings Asset Management Boston, MA
Margin Specialist III April 2022-November 2022
Assist fund with trade and derivative operations as well as collateral management through MassMutual Insurance
Extract and cross reference desk trade fills, FCM MV, and internal marks to match all parties’ risk exposure
Amalgamate and compile all futures MTM recons
Reconcile and document all cOTC activity for the fund (wires, PAI, coupons, resets, upfronts, etc)
Provide internal and external auditors with DUP procedural audits
Create and archive daily audit packages for internal logistics
Invesco Advisors Atlanta, GA
Px Analyst July 2021-October 2022
Liaise with 4+ internal departments to determine 5 sec prices from 4+ approved vendors to verify ~6m daily BBG quotes
Price all exchange traded funds for downstream investor reporting on a daily basis, documenting pricing logic for audit trail
Review 10+ various daily reports and research variances to support 30+ PMs
Document 50+ good faith fair value pricing exceptions and procedures for compliance metrics
Support desk/architects during internal/external valuation audits
Truist Securities Atlanta, GA
Truist – Process Associate June 2021-September 2021
Set up re-fi loans and purchases by liaising with realtors, appraisers, underwriters, title companies, etc to get necessary information to close
Scan and email necessary documents to mortgage companies to start/continue home loan process
Infosys – Closer March 2021-June 2021
Streamlined logistics within the BusinessProcessManagement subsidiary of the bank for American residential mortgage companies
Logged information, organizing and filing client invoices processing pertinent to closed loans
SunTrust Robinson Humphrey - Cap Mkt IB Deriv March 2020-September 2020
Cross supported the bank’s capital market swap dealer desks across EQ, FI, and FX derivative products
Holistically supervised a $4000mm cash balance across 15+ books
Maintained a ~10m client relationship database, by onboarding and liaising between RMs, commercial bankers, and my ibanking desks
Calculated, distributed, and processed commercial loans’ swap resets/advices
Monitored the desks’ ACH cashflow on a t-1 and intraday basis
Calculated and report various client’s NPV, noting any specific curve adjustments for necessary OIS protection
Uploaded completion of pricing curves for any of the bank’s syndicated loan RiskParticipationAgreement contracts
Resolved t-1 breaks of after hour listed option orders
Confirmed daily maturing options’ payout and calculated/instructed a funding wire for futures’ activity
Archived and distributed SuntrustInvestmentLinkedCommodity ETF’s and SuntrustInvestmentLinkedNote’s marks
Equinoxe Alternative Advisors, a member of Apex Fund Services Atlanta, GA
Assistant Vice President June 2017-December 2019
Oversaw full trade cycle relations for priority admin client, reconciling and recommending particular AIS allocations for their 7 international books’ FI positions between 4 different prime brokers and 62+ executing brokers, on 6 different global exchanges
Distributed investor docs, statements, and billing for vanilla fund’s shareholders on a daily, monthly, quarterly, and annual basis
Coordinated another priority client’s more holistic global macro statistical convergence arbitrage mechanics, capitalizing on skewness distributions
Monitored trade activity for 3 daily FICC funds to ensure logistics and reconciliations, while assisting on 2 other monthly deadlined funds
Transitioned AIS system during LBO angel merger
Bank of New York Mellon Everett, MA
Associate June 2014-June 2017
Managed and reconciled all “super derivative” trades (FX/barrier/worst options, multi-leg cOTC/CCP swaps, etc) that BNY custodies between 15 different prime brokers and 12 buyside shops (initiated relations with 5), throughout 190+ accounts, in 4 separately managed client trust entities
Produced and distributed daily t-1 exposure trade file for collateral team to analyze and mark margin status MV
Archived 120+ valuation and custodial reports internally, as fund administrator, to adhere with various regulatory requirements for the bank
Created, evaluated, and chased on 70+ daily cash recs with broker statements, internal figures, and VBA analysis (18 t-1 unit/position recs too)
Cross-trained coworkers and continuously mentor new hires, to maintain supervision over 3 subordinates
Analyst Manhattan, NY December 2013-May 2014
Port rec’d all BONY complex structured product trades in their global middle office market operations group, to ensure compliance with Dodd Frank, EMIR/Basel Accords I and II, CFTC, etc (including material terms trades)
Mapped all trades to triOptima for deep dive analysis on counterparty trade discrepancy resolution, especially for $10mm+ breaks
Independently automated new beta testing procedures and metrics to be launched, along with GUI and prod analysis
Trained 3 new members for the team
Whitebox Alternative Advisors Minneapolis, MN
Trade Assistant August 2013 – September 2013
Assisted veteran PM of over 20+ years with his daily flow at a multistrat hedge fund by pre-clearing and finalizing his trades
Routed Bloomberg limit orders (through EMSX and/or EMSI) to generate locates on trades, including unquoted tertiary deals
Monitored the convertible arbitrage trade blotter to execute desk’s daily market orders, selecting between prime and executing brokers
Allocated trades in a delta neutral manner to keep book hedged according to PM’s Greek/risk parameters, by using money market cash equivalents
Tracked monthly and weekly flow for executive committee TCA analysis, along with real-time daily BP price moves and P&L in book
Morgan Stanley Manhattan, NY
OTC Margins Specialist December 2012 – May 2013
Collateralized margin accounts for clients ranging from A-Z, noting various haircuts, to issue/answer client calls of $250m-900mm
Comported as point of contact liaising between clients and custodians, to reconcile triparty fails with triOptima, stemming from MTM breaks
Researched and resolved any PB fails on initial and/or variation margin, and processed any necessary trade amendments/adjustments
Novated trades through TBAs on 4 separate entities, through sec blotter/master, for range of various products (reverse repos, FXO, IRS/CDS/EQS, swaptions,/CD swaptions, CCY pairs, CP/BA/MM cash, etc)
Repriced repos periodically per ISDA, throughout the day for rehypothecation evaluation, including any necessary SWIFT messaging
Investigated all daily morning fail reports and chased clients to correct for trade breaks, stating MTM, MTA, threshold, etc
Generated daily global end-of-day report for management to reflect upon clients’ positions, breaks, and P&L
Settlements Clerk Jersey City, NJ January 2012 – July 2012
Composed daily t-1 VaR exposure report, as lead subject matter expert, for senior management to review comprising of DKs, DvPs, and RvPs
Resolved 20-300 institutional DTCC/equity DKs per day by collaborating with FO to ensure Reg T, Reg SHO, Rule 387, and other FINRA parameters
Researched Fed money market fails booked with BONY (repo/reverse, triparty, CD, CP, FNMA/FHLMC mortgages, etc), determining MV and respective exposure for settlement breaks according to their corresponding LOC
Balanced institutional trading accounts and reconciled their respective payments/receipts to ensure bottom line maximization
Requested daily extensions from DTCC for failing accounts to permit allowances on breaks
Delaware Investment Advisers, a member of Macquarie Group Philadelphia, PA
Investment Accountant I and Data Quality Analyst I June 2008 – September 2009, March 2010 – September 2010
Supported the SVP of Institutional Account Services with various ad hoc queries in his departments: Trade Ops, Performance, Investment Accounting, Derivatives Ops, and Data Quality & Control
Utilized SQL to review FX contracts’, swaps’, futures’, forwards’, and UCITS’ maturities for daily MV calculations of 15+ currencies
Ran macros to examine futures contracts and futures collateral to perform their respective OTE analysis
Analyzed and processed funding memos and collateralized loans (term loans, credit facilitated, delayed draw, mortgage backed, etc)
Researched securities (spot rates, prices, BB identifiers, etc) to provide superiors with information for financial reporting
Detected account overdrafts ranging from 1m-1mm to forecast surcharges between PMs, custodians, and brokers
Processed corporate actions (stock splits, dividends issuances, dividend reinvestments, etc) to be reflected in accounts’ holdings
Reported on and analyzed KPIs/KRIs to assess the current P&L in various departments
Pre-screened applicants, held initial interviews, and trained replacements
Group One Trading L.P. Manhattan, NY
Sales Trader Trainee and Operations Analyst I September 2009 – March 2010
Screened 50m-90m orders per month on the shows channel, to monitor trade activity and ensure accurate and efficient flow, especially during expiry, as a TA to senior traders amid a fast changing dynamic environment
Executed EqD transactions between 13 RMMs, 7 floor traders, and multiple brokers, on 5 different exchanges to ensure trade capture in accordance with preset Greeks
Monitored all previous day’s trades through internal database and located breaks in order to reconcile traders’ current cash balances
Trained with junior traders in mock trading sessions held by senior traders, utilizing 16+ vanilla call/put strategies
Assisted in the formulation of a subsidiary brokerage firm (Dynamex Trading-DNMX) used by internal and external traders, then tracked commission/fees
TECHNICAL SKILLS (prop and street)
Financial Software: Bloomberg Professional Calypso Adenza, Blackrock Aladdin, Imagine Trading Systems, CharlesRiver CRD, Murex, REDIPlus, Summit, Wallstreet Suite, Eze, Vantage Point, and Trade Splitter OMS/EMS triResolve/triReduce BNY Workbench/NEXEN Limit Monitoring System (LMS) eGTS, Algo v5, Initial Position Application (IPA), and AcadiaSoft collateral warehouses Portfolio Reconciliation Scheduling Tool (PRST), Reconciliation Management System (RMS), and Manager’s Desktop archives Poseidon, DTCC Refinitiv Eikon, MarkitSERV, Swaps Wire, Liquidity Direct ICELink Structured Threat Information eXprission (STIX) and Trusted Automtated eXchange (TAXII) C1 Trend CS PLUS, CitiDirect/Citi Private Bank, Wells Fargo CommercialElectronicOffice, HSBCnet, NorthernTrust PASSPORT, BNY WorkBench, and MS Matrix online portals C Port, Geneva, SGGG Diamond, and Eagle portfolio accounting systems Optech SmartStream Technologies Quickbooks/Quicken Encompass by EllieMae suite Tax Wise and Peachtree
Database: AES ISQL, Portview InvestCloud AS4000 APL, Advent Geneva, SAFE, Cage, Access, SharePoint, Collateral Management Systems (CMS), Accounting Information Systems (AIS), Enterprise Query Service (EQS), Master of the Universe (MOU), Radar, Advance, Tradar, XNet
Software/OS: Microsoft Excel, XLSSAT, Outlook/MYflow-ERT, Word, PowerPoint, and Project Visual Basic for applications (VBA) Connect Reporting Automatic Work Distributer (AWD) Minitab Statistical Solutions Cisco WebEx, Mind Align, Lync, Skype, and Jam IM Tiger, Leopard, Lion, and Mavericks OS Windows Oss
EDUCATION
Drexel University’s LeBow College of Business Philadelphia, PA
Drexel University’s Pennoni Honors College December 2011
Bachelors of Science in Business Administration Magna Cum Laude
Dual Concentration in Finance & International Business FINRA Series 3 certified, prospective SEI & 57
MakerPrep Coding Academy Boston, MA
JavaScript May 2016
CAIA Institute of Atlanta Atlanta, GA
UpperMark level 1 September 2019
MLS Georgia Atlanta, GA
Fulton county realtor licensing prospective 2023