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Assistant Vice President

Worth, IL
September 29, 2020

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Daniel Farrell

***** *. ***** ***. *****, IL ****2 – C: 708-***-**** –

Work Experience

AVP Treasury & Funds Management

ABN AMRO Clearing Chicago, LLC., Chicago, IL Mar 2015 – Present

• Support the Legal Entity Fee Control Group to reconcile previous day equity trades, future trades, FX rates, and other compliance-led initiatives into subledger, Great Plains, and work with various team members to action reconciliation balances

• Assist Accounting Group with daily bank reconciliations providing documentation & support for Treasury specific ledger items

• Responsible for maintaining proper credit balances in all bank accounts, and coordinate with internal teams to provide swift responses to any variances

• Design & maintain in-house metrics to track risk & projection numbers for the Stock Loan Group, and document deviations from in-house controls while providing support to close out potential risk

• Coordinated with the Legal Entity Fee Control Group and IT to implement a compliance based initiative to consolidate customer wire transfers into a new software-based tracking & approval system, and manage the existing daily process that has reduced company risk while increasing audit transparency

• Manage Treasury & Funds Management daily processes and ensure proper reconciliation & tracking, for the following: Segregated Funds, Excess Funds, Firm Collateral, Repo tracking, T-Bills, T-Bonds, and coupon payments

• Oversee interdepartmental initiatives, as Project Manager, to push for more sustainable solutions for clients, internal audit & control, and long-term company risk Senior Equity Operations & Stock Loan Associate

ABN AMRO Clearing Chicago, LLC., Chicago, IL Oct 2011 – Mar 2015

• Liaised with team-members, third-parties, and Head Office Amsterdam to complete the daily Equity reconciliations

• Oversaw the project implementation & improvement of ODS for stock settlement, and designed new processes that allowed for Straight-Through-Processing, such as: RAD screen trade approvals, trade message replays, unique ID enrichments, and unsettle trade metrics – which decreased intervention measured in hours

• Specialized in creating new Equity documentation procedures that reduced daily inaccuracies and provided transparency to internal controls and audits

• Facilitated the development, with Treasury and Risk, of new equity risk reports that were used for reconciliation and tracking purposes, and provided Executive Management settlement projection numbers

• Implemented enhancements and new developments into the stock settlement application, and recognized companywide as an application expert

• Managed the development and implementation of Loanet & Shark as the new back-office processing system, and created new desktop and operating procedures for documentation and training Operations Manager

Electronic Brokerage Systems, LLC., Chicago, IL Aug 2006 – Jun 2011

• Performed daily Equity and Option reconciliations and provided support for ledger items that required investigation

• Developed and implemented the automation of National Securities & Clearing Corp. (NSCC) reports, which had a measured decrease in manual intervention and reconciliation

• Worked closely with Risk, Treasury, and Accounting groups to balance client positions

• Created the procedure manual for the equity reconciliation process Stock Reconciliation Manager – Global Controls Department Citigroup Dublin, Dublin, Ireland Oct 2004 – Aug 2006

• Lead Team Member for group initiatives and Quarterly Self-Assessment, which consisted of Risk & Control reviews

• Transitioned stock trade reconciliations from balance rec to transaction rec, and led an initiative to cleanup historical discrepancies and ledger items

• Managed the interdepartmental training of Recon Trade application, using Net Meetings

• Created procedures manual for Stock Reconciliation Department

• Trained with IT personnel on proprietary Stock Reconciliation application, and designed new processes for troubleshooting which had a measurable decrease of ticket request interventions of roughly 50% CLS Manager – CLS Financial Department

Citigroup Dublin, Dublin, Ireland Aug 2003 – Oct 2004

• Coordinated with IT, as CLS application product owner, on system enhancements and global weekly meetings

• Processed all Citi FX trades, and worked with various groups to resolve discrepancies with minimal impact to business or clients

• Supervised a team of four, and routinely participated in coaching sessions, knowledge transfers, and career path advice

Operations Specialist

PAX Clearing Corporation, Chicago, IL Apr 1999 – Oct 2002

• Assisted with the implementation of back-office system, Shadow, and developed reconciliation reports to assist with daily stock trade breaks, such as: Settlement Blotter, Trade Blotter, Break Sheets by Exchange, and Stock Record

• Contributed to the development, testing, implementation, and documentation of in-house developed proprietary clearing system

• Oversaw the day-to-day proprietary database functions and actioned all issued and entries

• Performed daily Equity Settlements balancing and exchange settling activity Education

Western Illinois University, Macomb, IL

Degree Major: Bachelor of Science May 1997

Extra-Curricular / Actives

Saint Germaine Men’s Club

Member, Oak Lawn, Illinois 2011 - Present

Ireland National Softball Team

Team Member, Dublin, Ireland Apr 2005 – Apr 2006

Special Skills & Proficiencies

• Microsoft Office Products:

Word, Outlook

• Advanced Excel User:

Pivot Tables, V-Lookups,

Macros, Power Query

• SQL Query Basics

• Loanet (FIS)

• Shadow


• PC Web & DTCC Portal


• Detail Oriented

• Leadership / Management

• Self-Motivation

• Adaptability

• Strict deadline & high-

pressure experience

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