Systems Manager Mission Critical
Resume:
Richard L Scholz
Richmond Hill, NY 11418
ad5rw1@r.postjobfree.com
Experience:
Offering a wealth software experience in dominant multinational investment banking corporations. Accomplished in delivering high-tech solutions to a diverse corporate clientele, establishing new profit centers, enhancing analytic abilities, budgeting, forecasting markets, and eliminating redundant efforts.
Multi-tiered .NET architecture
Real-time trading systems and analytics, design, implementation, and delivery
Software Development Life Cycle management
Expertise in capital markets and corporate finance
Cyber-Security regulatory CIP NERC/FERC practitioner.
PMI ACP
Con Edison of NY, New York, NY Systems Manager 2009 to Present
Leads Operational Managements Systems group that develops, implements, and maintains mission critical software systems for the electric distribution and transmission grids.
Manages all this under FERC/NERC CIP regulations.
Keep all systems SOX (Sarbanes/Oxley) compliant.
Architected virtual platforms for all application systems.
Managed cross functional teams to deliver integrated hardware and software solutions, on time and under budget.
Familiar with modern messaging protocols and eternal interfaces.
Implemented DER resource tracking application.
Misys Treasury & Capital Markets Summit Systems, New York, NY Director Risk Management 2006 to 2009
This financial software conglomerate develops financial trading and banking systems solutions for major financial institutions worldwide. As director of risk management program delivery, I lead the implementation of risk analytic solutions for both the core products and client specific projects.
Manages the full-cycle technical implementation for enterprise customers
Oversees the product quality testing for individual accounts and ensures customer configuration meets quality standards before release to customer
Directs the ongoing maintenance and support of individual accounts - the execution of maintenance checks and resolution of support issues
Leads the technical implementation of product extensions, customizations, or new product modules in the customer environment
Drives priorities and deadlines to completion
Maintains project documentation on a weekly basis for all assigned customers
Effectively communicates and escalates issues, roadblocks, and risks to management while maintaining responsibility for their resolution with senior managers, technical, and non-technical personnel at all levels
Raises awareness and knowledge of technical product portfolio throughout the development lifecycle to continue to improve development of implementation and support methodologies
SCS Inc, New York, NY Managing Director 2001 to 2006
Managed financial technology group that engaged clients by listening to their business requirements, turning their needs into reality with timely use of resources through focused use of industry knowledge, prudent employment of existing 3rd party tools, managing internal development efforts with the entrepreneurial drive to motivate large diverse teams to complete complex projects.
Redesigned architecture for mortgage analytics on multi-platform distributed system. Java/Web frontend C++ backend
At REFCO,.built pilot implementation and full scale implementation of structured product solutions. VB.Net, ADO.Net.
Developed business case study for enterprise level global development for cross market, total asset investment analysis..
Ability to mangage complex technical infrastructure solutions using C++, C#, COM, XML, CORBA, Perl, Java, Splus
Understanding the roles of business and operations requirements that can be translated into technical solutions.
Delivering large-scale solutions in globally distributed technology with custom and off the shelf products
Champion of Six Sigma implementing DMAIC or DMADV enterprise wide.
Shadow Financial Services, New York, NY Managing Director Consulting Services 1999 to 2001
As the onsite lead for this small software firm, designed and installed real time systems.
Implemented back office clearing system for all financial products for REFCO.
In C++, with interface to ECN’s and exchange data. Ported old FORTRAN models into C++/ UNIX
Oversaw the installation of real time option trading and clearing system for off shore division. (C++, Sybase, UNIX)
At Knight Securities, installed stock trading/clearing system, (CORBA/Orbix, XML web front end with C++, Sybase clearing engine) revitalized a stalled implementation, by bringing the CFO onboard to marshal his internal resources to coordinate with my team. We finished sign-off one month ahead of our drop-dead deadline and added $100,000 to the bottom line a month early.
Ocwen Bank, West Palm Beach, FL Managing Director Portfolio Hedging Group 1998 to 1999
Worked with the traders and analysts to implement a firm wide hedging policy and portfolio reporting procedures
Used Black-Scholes, and Binomial/Trinomial tree pricing to tighten the exposure of their $1.2 billion REIT.
Wrote daily market analysis for distribution internally and to clients.
By a prudent strategy of future and option positions with applied default, delinquency and loss assumptions
in MBS pricing with a new prepayment model in an OAS framework, we lowered cost of business by 27%.
Merrill Lynch, New York, NY VP Option Trading 1997 to 1998
As a member of the Mortgage option-trading desk, actively participated in formulating marketing strategies.
Designed and built new trading analysis software to support trading and work f1ow calculating MBS VARs using C++
Developed analytics for new mortgage derivative products using multivariate regression models for trading strategies
Analyzed trade profitability for Mortgage options and bonds for client and firm accounts, accessing portfolio data with RogueWave DB tools.
We developed a strong presence in the market, before Merrill moved the option trading to London.
Trepp & Co, New York, NY Structured Finance Analyst 1996 to 1997
Hired to reverse engineer CMBS for a Tranche database retrieval system.
Streamlined the data entry process so fewer people added more structured deals quicker and with fewer errors.
Perl, Excel, SQL DB Built other custom software for clients, in C++, Java, VB, UNIX and Windows GUI w/ SQL
Created a large database library of commercial real estate structured product for analysis by the firm and clients.
Barclays Bank BZW, New York, NY Director Mortgage Trading 1993 to 1996
Established new CMO trading desk from inception through successful operation.
Issued new CMO's, ABS, Whole Loan and other structured products.
Led a group of ten Traders, Analysts, Programmers and Economists creating a profitable business for the firm.
Traded bonds and treasuries in support of the CMO book.
Developed the entire unit from scratch, infrastructure, hardware, software, and personnel.
Responsible for budgeting and P&L. Built Structured product model in C++ with Monte Carlo term structure w/ OAS
We did this in an increasing interest environment and still created profitable deals.
Fitch Investors Service, New York, NY VP CMO Ratings Group Jan 92 to Jul 93
Led the creation of the first risk based CMO rating system.
Built team, created model and software in C++ with INTEX libraries developing a multi path total return model w/ OAS prepayment model.
Marketed concept to major institutional investors.
Managed team of developers and analysts on a tight schedule
Complete groundbreaking risk assessment system to rate all issuance of agency REMICS.
Lehman Bros, New York, NY VP Fixed Income Trading Jan 90 to Jan 92
Mortgage Research manager, supported trading desk with analysis, modeling and software implementations.
Led group of twelve programmers in major reengineering of Mortgage desk trading and analytic system from terminal based interface to full UNIX/GUI with Sybase.
Interfaced with firm wide IT management to implement new hardware and software rollout to over thirty investment professional workstations
Citibank, New York, NY VP Fixed Income Trading Jan 88 to Jan 90
Mortgage Analyst, designed CMO modeling software.
Structured Agency REMICS analyzed trading opportunities for traders.
Led effort to design and implement the first C++ object oriented CMO structuring system, using Oracle SQL.
Put into place the first UNIX workstations on the Citibank trading floor to support new applications.
Bloomberg LLP, New York, NY Financial Analyst/Mortgage Group Leader Mar 86 to Jan 88
Led design and implementation of the original mortgage analytics on the Bloomberg data terminals.
Identified business needs for the trading community and translated them into functional specification for developers.
Developed roll analysis, pipeline hedging, closed form yield calculations and pricing models.
This is the core of the mortgage securities analytic system still running on the Bloomberg system today.
KNOWLEDGE BASE:
Familiar with all forms of financial instruments and their derivatives
Bonds and Interest Rate Derivatives: Pricing bonds and options on bonds using interest rate models. Forward Rate Agreements, Caps and Floors, Swaps, Forward Swaps, Swaptions. Interest rate dynamics under risk neutral measure, forward measure, and spot measure.
Models and Derivatives on Equity and Currencies: The Black-Scholes model. Binomial tree model. Pricing regular and exotic options. Option trading strategies..
Computer Literacy: C++ Programming (classes, templates, exceptions, operator overloading, virtual functions, polymorphism, C++ casts, virtual classes). C++ STL (vectors, lists, associate containers, algorithms, functors, iterators).. SQL programming. AWK. Perl. VB, VBA. Matlab. Data communication between C++/Perl and Excel using COM (ATL or OLE). Data communication between C++ and Database using OLE DB. Data communication among Splus, Database, and Excel. Technical Expertise: C#, C++, APL, VB, SQL, COM, XML, VB.Net, ASP.Net, ADO.Net, Corba, Perl, Java, Ruby, Splus, Visio and MS Project
Operating System: Linux, Unix, Windows.
EDUCATION:
Columbia University (SEAS) BS Nuclear Engineering GPA 3.4
Columbia University MBA Finance
Iowa State University PhD Nuclear Engineering GPA 3.8
Thesis Title: “Scalable concept testing for fusion power generation of plasma density in a spherical geometry”
CFA 1990
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