THOMAS NAPPY

Huntington, NY 631-***-**** adkpk7@r.postjobfree.com https://www.linkedin.com/in/thomasnappy

FINANCE / OPERATIONS / SECURITIES ACCOUNTING & OPERATIONS / STAFF DEVELOPMENT / PERFORMANCE & MANAGEMENT REPORTING / SYSTEM IMPLEMENTATIONS

Passionate leader accomplished in all disciplines of securities accounting and operations, offering over 20 years of industry experience that spans all facets of securities trading operations, the end-to-end transaction life-cycle and associated accounting and reporting. Change driver who guides strategy, aligns competing priorities and develops process and system enhancements that improve efficiencies. Recognized for ability to cultivate relationships with C-suite execs, traders, managers, technologists and external stakeholders. Proficient at development of staff that were envied within the company for their ability to engage and collaborate with various department personnel up and down the organization.

CORE COMPETENCIES

Process & System Development Process Evaluation Operational Efficiency Project Management

Regulatory & Audit Compliance Risk Management Performance Reporting Analyses & Presentations

Team Leadership & Development Strategic Planning IT Collaboration Trader & Manager Relations

TECHNOLOGIES

Bloomberg AIM, JD Edwards, McCormack & Dodge, Thomson Portia, SS&C Geneva

SunGard Phase3, Microsoft Office, QuickBooks

PROFESSIONAL EXPERIENCE

LOEWS CORPORATION New York, NY 2001 – 2018

Diversified holding company with a market cap of approximately $16Bn and interests including financial services (CNA Financial Corp.), oil and gas (Diamond Offshore Drilling Inc. and Boardwalk Pipeline Partners, LP) and luxury lodging (Loews Hotels).

Director, Investment Operations & Accounting

Recruited, developed and mentored a securities operations, accounting and analytics team of nine professionals that directed securities transactions from execution through settlement and posting to general ledger, supporting an actively traded corporate investment trading group that managed more than $5Bn in equities, options, fixed income, currencies, futures, commodities and swaps.

Continuously evaluated and improved systems by developing and leveraging team’s strategic analysis capabilities as well as partnering with IT, Treasury, Audit, a 30-member investment team and external stakeholders to develop processes and tools that achieved each area’s individual objectives.

Key Contributions & Accomplishments:

-Devised and implemented automated daily reconciliation process that matched firm's trading positions and activity with prime broker's trade position balances and activity via GSPB website portal which resulted in T+1 synchronization of firm’s trading activities and positions with those at the prime broker which led to accurate and timely security settlements and deliveries.

-Developed and administered a Bloomberg middle office security and transaction interface along with the SS&C’s Advent Geneva back-office and accounting solution in addition to a JD Edwards G/L interface integration.

-Created trader performance reporting process linked to back office trade processing system that provided management with key financial tools to assess and evaluate the performance of various trading strategies.

-Collaborated with IT technical staff to integrate investment processing and report deliverable solutions and enhancements that resulted in earlier availability of T+1 daily trader P&L results.

-Designed and formulated Sarbanes-Oxley Section 302 internal control processes related to securities investments, forming the foundation for quarterly review and assessment of internal controls.

THOMAS NAPPY, PAGE 2

Huntington, NY 631-***-**** adkpk7@r.postjobfree.com https://www.linkedin.com/in/thomasnappy

-Transformed a passive staff into a cohesive team of motivated and engaged professionals valued for their success at performing their daily functions as well as spearheading company-wide initiatives including cross-functional efficiency improvements and ERP implementations.

-Pioneered a quarter-end process to prepare and disseminate a PowerPoint slide deck presentation to auditors, investment/finance leaders, CFO and other key decision-makers that showcased the quarterly financial performance and quarter end composition of the holdings in the investment portfolio.

DAIWA CAPITAL MARKETS AMERICA New York, NY 1992 – 2000

Registered Securities Broker-Dealer and Primary Dealer of US Treasury Securities focused in sales and trading of Equities, Fixed Income, Financial Futures and Investment Banking

Assistant Vice President – Comm MBS & Structured Finance / Internal Financial Analysis & Reporting

Manager - Mortgage Backed Securities (MBS) Product Accounting

Recognized and promoted from staff role to lead all accounting functions to support CMBS, Structured Finance and Derivative Swap trading groups. Collaborated closely with traders, mortgage bankers, cash management teams and other functions to produce P&L summaries and cost of carry analyses for U.S. and Tokyo-based traders and senior managers. Established and generated detailed commentaries of budget variances for all operating and support groups as well as ad hoc analyses.

Key Contributions & Accomplishments:

-Designed and instituted firm’s five-year strategic planning process to provide clarity to Tokyo based management.

-Introduced and generated analyses of infrastructure cost allocations, ticket volume, cost reduction proposals, expense and headcount to provide management with tools to assess profit and cost centers.

-Formulated and implemented fixed expense budgets and front office revenue and expense budgets.

ADDITIONAL EXPERIENCE

PINCUS PLASTIC SURGERY Smithtown, NY Mar 2019 – present

Consultant – CFO / Controller

Retained to assist with all facets related to startup and financial operation of new medical practice. Participated in real estate and equipment negotiations and acquisitions for office space and medical equipment. Also, involved with vendor relations and staff hiring along with NexTech EMR and ADP payroll system implementations. Developed controls and processes to handle daily revenue collection and processing and A/P and cash management functions.

CITIGROUP Long Island City, NY Aug 2000 – Nov 2000

Consultant

COMMERCIAL CAPITAL CORPORATION New York, NY Mar 2000 – Jul 2000

Consultant

OFFICE FORCE New York, NY subsidiary of Adecco SA 1986 – 1992

Divisional Assistant Controller

NEW YORK LIFE INSURANCE COMPANY New York, NY 1982 – 1986

Senior Accountant – Controller’s Department, Statements & Accounts Division

EDUCATION

Bachelor of Science, Accountancy, Cum Laude 1982 Villanova University School of Business, Villanova, PA

PROFESSIONAL LICENSES & ASSOCIATIONS

Notary Public, State of New York

Financial Executive Networking Group (FENG)

Contact this candidate