Credit Trading

DANIEL J. KUBIS JR.

*** ***** ******, *** ***

New York, NY 10010

646-***-****, add27y@r.postjobfree.com

EXPERIENCE

2015–Present ING CAPITAL New York, NY

Director, Head of Loan Trading

· Negotiate and execute corporate bank debt (primarily leveraged institutional loans) as a buy- side participant on behalf of 105 corporate bankers across the country in 6 offices with over

$33 billion under management

· Trading volumes were $1.3 billion in 2015, $1.7 billion in 2016, $2.0 billion in 2017, $2.5 billion in 2018, and $2.1 billion in 2019

· Manage a $50 million mark-to-market proprietary trading book to take positions in the primary and secondary market in names where ING is a lender

· Created positive P&L impact in the execution book of $2.9 million in 2015, $3.8 million in 2016, $4.0 million in 2017, $5.8 million in 2018, and $5.2 million in 2019

· Generated ~$1 million in P&L in the proprietary (prop) trading book each year since 2015 despite only being a minor focus of the overall trading role

· Value-add (price executed vs. price approved) revenue P&L was $6.2 million in 2015, $9.1 million in 2016, $11.0 million in 2017, $13.1 million in 2018, and $12.5 million in 2019

· Maintain very strong relationships with most of the traders and sales coverage in “the Street” to enable great execution, color, and overall respected treatment by the dealer desks

· Never had one protocol issue with the sell-side in over 5 years of trading for ING and executing over 2,000 trades

· Negotiate revolver commitments in the primary market on behalf of each of the banker teams to get best price when operating in a gray market of pricing and allocations

· Provide weekly market color commentary (primary and secondary conditions, liquidity, technicals, and opinions) to over 200 people within the firm globally, including senior executive management in London and Amsterdam

· Run the Syndications group’s internal market distribution, which includes primary market calendars, trade reporting, pricing of each of the group’s portfolios, and all secondary trading color

· Main point person for all communication with the street as it relates to market information

· Give weekly face-to-face market updates with each of the local banker groups 2012–2015 CHAPDELAINE New York, NY

Head Corporate Loan Broker / High Yield Broker

· Brokered par/distressed bank debt and high yield bonds between broker dealers “the Street”

· Maintained daily interactions/relationships with sell-side traders to negotiate trade executions and generate recurring order flow

· Started the loan group from scratch to create a ~$3 million annual revenue business

· Learned from sell-side traders as they competed with each other on a daily basis 2009-2011 COMMERZBANK / DRESDNER KLEINWORT New York, NY Trader, Portfolio Restructuring Group

· One of three traders responsible for the workout, liquidation, and monitoring of approximately $9 billion in fixed income assets ($5 billion in cash exposure - leveraged loans, investment grade loans and bonds and $4 billion in synthetic exposure - secured LCDS, unsecured CDS, and the LCDX)

· The trading book included negative basis trades (loan and bond) and collateral from triggered market value CLOs, TRS lines, and other collapsed structured trades

· Managed all refinancings, amendments, and extensions for each name in the portfolio

· Personally liquidated approximately $3.1 billion of assets ($1.7 billion cash and $1.4 billion of synthetic assets) including illiquid/less liquid positions through relationships with the dealer community and retail

· Decisions were based on credit analysis and bid quality to fair value 2006-2009 Associate, Junior Leveraged Loan Trader

· Generated trading ideas and responsible for all trading approval and credit analysis write-ups for two proprietary trading books (short-term and long-term) for leveraged loans, LCDS, and the LCDX

· Part of a trading team that traded $3 billion in annual volume with dealers and retail accounts

· Managed warehouse programs for 2 CLOs (both ~ $250 million in size) – included credit analysis to approve each loan into the warehouse, daily marking to market, and monitoring the underlying names

· Responsible for approving assets to be placed into 14 TRS programs totaling $12 billion of exposure and assigning leverage multiples/haircuts for each name based on credit quality and liquidity

· Liquidated 2 market value CLOs through a BWIC (both ~ $200 million in size) as the structures triggered

· Partially unwound certain TRS programs as counterparties were not able to meet margin requirements

2005-2006 SUNTRUST ROBINSON HUMPHREY Atlanta, GA

Analyst, Debt Capital Markets/Loan Sales &Trading

· Permanently placed on the loan syndicate desk, which later turned into a loan sales & trading role

· Provided loan and bond research to price/sell deals into the market and backed up the sales team’s coverage

· Responsible for trading approval write-ups for secondary proprietary positions as well as trading in conjunction with the bank’s participations to maximize trading income for the desk

· Wrote daily market commentary on the corporate bond and loan markets for the syndications team

· Maintained daily communication with the line of market conditions and deals breaking in the market

2004-2005 Analyst, Corporate & Investment Banking Training Program

· Completed a rotational training program which included two months of classroom training and three rotational assignments in Corporate Banking (Energy and Financial Institutions) and Debt Capital Markets (Asset Securitization and Syndicated Finance)

· Received extensive classroom training on deal structuring, credit analysis, advanced accounting, financial modeling, corporate finance theory, and debt capital markets products such as corporate bonds, private placements, credit derivatives, FX, securitization, structured real estate, and syndications

· Provided credit analysis for clients with greater than $200 million in revenues, which included financial modeling, comps, and capital structuring 2003-2004 CITIGROUP Atlanta, GA

Analyst, Financial Management Training Program

· Selected as one of six nationwide Financial Management Trainees to participate in a one year rotational training program for the Transportation Finance Division Summer 2002 MERRILL LYNCH Chicago, IL/New York, NY Head Summer Analyst

· Gained exposure to Equity and Fixed Income Sales & Trading, and the Private Client Group EDUCATION

UNIVERSITY OF GEORGIA Athens, GA

Bachelor of Business Administration (Finance), May 2003

· Hope Scholarship Recipient

OTHER

Series 7 and 63 certifications

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