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F.X. & Interest Rate Swap Broker, Middle Office Trade Cycle

Location:
Spring Lake, NJ
Salary:
150000
Posted:
January 26, 2024

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Resume:

MARK SANDOMENO

ad24h5@r.postjobfree.com 908-***-****

Verona, NJ 07044

SUMMARY

Management professional with extensive experience in the fast-paced interest rate derivative and foreign exchange markets. Experience and knowledge of the financial markets, Dodd-Frank regulatory requirements and on-boarding process.

Motivating leader and Project Manager with a successful history of building and managing effective sales and project teams. Front office experience overseeing all facets of day-to-day trade cycle operations, reporting, and building stakeholder relationships. Offering exceptional leadership, staff development and public speaking skills. Successfully managed and delivered strategic initiatives by collaborating with product owners, technology leads, scrum teams and business stakeholders using the AGILE and Waterfall project management methodologies. Experience in strategic pre and post release application enterprise governance.

SKILLS

•Financial SDLC process, Enterprise Reporting, Workstream and Deliverable Timeline Management

•Stakeholder Relationship Management

•Experienced Project Manager with PMBOK skills in Capital Markets, Treasury, Risk, Change Management and Delivery Governance Projects

•Organized, Goal Oriented, Team Building Skills

•Trading and Middle Office Operation, MarkitWire™, CLS and RTNS

•Microsoft Excel, PowerPoint, Visio, Notes, Jira, SharePoint, Skype, and Word

•Bloomberg Terminal Navigation

•Delivery Governance, Waterfall and AGILE Project Management Methodologies

EXPERIENCE

Bank of America 01/2023 – Present

Delivery Lead, Financial Technology Group

•Worked closely with multiple Technology Teams to aggregate, update and communicate workstream progress.

•Coordinated global cross-functional, stakeholder engagement status update meetings.

•Hosted weekly Project Status meetings to track progress, risks and watch items, review UAT metrics, code release milestones, and scrum team meeting cadences.

•Collaborated with Project Technology Leads to update Technology Jiras and Change Requests to align with corresponding business deliverables.

•Participated in workstream working group sessions between technology teams to track cross-team work dependencies.

•Collaborated with internal Ethical Hacking, Threat Model, Global Risk Management, Internal Accessibility, and Data Quality governance agencies to ensure application met all the pre-release, permit to operate criteria.

Wells Fargo 03/2022 – 12/2022*

Project Manager, Foreign Exchange and Derivatives New York, NY

•Engaged multiple stakeholders to release enhanced Capital Markets / F.X. Trading Infrastructure and Middle Office Operations.

•Coordinated global cross-functional stakeholders to plan strategic initiatives using the AGILE format.

•Worked with Sponsors and Product Owners to develop Agile Release Train (ART) summaries, and cost / benefit proposals.

•Collaborated with SCRUM Teams to create Jiras, prioritize Sprints and deliver program increments.

•Guided SDLC enhancements by engaging stakeholders, documenting accomplishments, and working through impediments.

•Hosted weekly Project Status, Risk / Impediment, UAT, Code Release and Scrum Master meeting cadences.

•Managed Change and Code Releases via Clarity and Confluence platforms.

Tradition 03/2016 – 06/2021*

Project Manager, Interest Rate Swap and Forward Foreign Exchange Derivatives New York, NY

•Collaborated with Project Team in Waterfall Project Management format to develop customer e-trading interface.

•Sales, Trade Execution, Confirming and Reporting of Mexican Interest Rate Swaps, Cross Currency Basis Swaps and F.X. Derivatives trades.

•Developed and Presented Sales Proposals, Execution and Managed Customer Relationships

•Prepared end of day, Mark-to-Market Interest Rate Curve and Market Volume and Sales Goal Reports

GFI Group 12/2010 – 07/2015*

Project Manager, Interest Rate Swap and Forward Foreign Exchange Derivatives Desk New York, NY

•Collaborated with all compliance, I.T, Back and Middle Office Stakeholders to develop and launch a new Mexican Interest Rate Derivative (Fixed vs. Float TIIE Swaps) and Cross Currency Basis Swap Desk.

•Responsible for all aspects of physical desk layout, hardware and I.T. requirements, policies, testing and verifying trade flow processes. Also established and maintained proper FINRA and ISDA regulatory agency compliant confirmation and reporting standards.

•Trained staff to develop, grow, and maintain productive customer relationships and maintain profit goals.

•Launched trading desk and grew market share by participating in and speaking at Industry Conferences.

•Responsible for complete trade flow execution, middle office confirmation and back-office reporting.

•Responsible for annual budget, revenue forecasts, expenses, and P&L reports

Project manager, GFI SEF Compliance and Client Onboarding Group / Dodd-Frank era

•Developed the SEF onboard group, worked with cross functional teams which engaged in the entire response to the Dodd-Frank legislation and Swap Execution Facility requirements. Guided external financial institution's compliance groups through the SEF onboarding application process and troubleshot the various issues and requirements of this process.

Project Manager, GFI e-trade Rates Matching Platform and Manager Ecommerce Group

•Initiated GFI’s trade matching platform. Collaborated with all major stakeholders to design, install, and execute an industry changing electronic trading platform. Promoted to Manager of the Ecommerce team to solicit electronic trading platforms to institutional trading desks in New York, London, Singapore, and Hong Kong. Participated as a SME panel member and speaker at industry conferences.

Tullett Prebon 09/1990 – 11/2010

Desk Manager, Interest Rate Swap and Forward Foreign Exchange Derivatives New York, NY

•Responsibilities included Hiring, Training and Managing a Team of Derivatives Brokers.

•Sell Side Trade Execution, Confirming and Reporting Derivatives Trades.

•Customer Relationship Development, Team Leadership and Sales Goal Management.

•Responsible for annual budget, revenue forecasts, expenses, and P&L reports

•Created End-of-Day Mark-to Market Interest Rate, F.X. Volume and Market Commentary Reports using VLOOKUP and PivotTables.

EDUCATION

University of Delaware 05/1986

Bachelor of Science, Business Administration, Finance Newark, DE

*Indicates gaps in the employment timeline that were required to satisfy contractual, non-complete clauses.



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