Business Analyst – Financial Trading – Financial Risk/Compliance – Project Management
A uniquely experienced professional with strong experience in the Capital Markets Industry, and a successful record of building and implementing state of the art technology solutions and initiatives that increase revenue and lead the industry. A subject matter expert in Front Office Trading, Risk Management, Regulatory Compliance and the full trade life cycle. Strong hands-on leader accustomed to a very fast pace and multiple projects, while consistently managing existing lines of business, and achieving financial targets.
FINRA Series 7 and CFTC Series 3
Foreign Exchange (FX)
Front Office Trade Capture
Accounting/ Cash Management
OTC Derivatives and Swaps
Global Trade Management
Initial and Variation Margins
Counterparty Credit Risk
Senior Business Analyst
Senior Business Analyst working on the Trading Monitoring system
Working with the business, compliance, and development team in gathering and documenting the business and functional requirements for the trade monitoring for all Fixed Income, Commodities, FX, and OTC trade products to be in compliance with the MAR regulations.
Documenting the testing scenarios to make sure the trade monitoring application is fully compliant with the Federal regulatory rules
Working with the compliance team and front office traders in all user acceptance testing.
Synechron Consultant at Citi 9/2019-12/31/2019
Senior Business Analyst
Senior Business Analyst working on the SFT team for the Basel III project.
Gathering and Documenting the Business and Functional requirements for the enhancements and upgrades needed to be in full compliance of the Basel III regulations
Working directly with the Business Users and Technology Team to develop the functionality needed to improve the regulation, supervision and risk management of the firm.
Using my SME in the Financial Markets to upgrade and enhance the risk models for all OTC and centrally cleared products.
CapGemini, Boston, Ma 9/2018 – 8/2019
Senior Business Analyst for Manulife
Senior Business Analyst working on the Risk Management and Front Office Trading platform.
Documenting the Business and Functional requirements for a Collateral management system. This includes the processing of all Initial and Variation margins for all OTC and centrally cleared derivatives.
Subject matter expert in the financial markets dealing with Equities, Fixed Income, OTC swaps, Commodities, FX and Options.
Documenting the Business requirements for the CAT reporting. Fully educating the technology team on the FIX messaging format and the data needed for the complete audit trail.
Updating the new requirements based on the new rules and regulations and investigating the direct connectivity to DTCC for the reporting of all transactions. SME in the CFTC rules and regulations.
Infosys, Houston, Texas 9/2017-7/2018
Senior Business Analyst at BP
Providing Business Analyst skills in Front Office Trading and Trading Risk Management.
Work with the business, compliance, and development team in gathering and documenting the business and functional requirements for a proprietary trade monitoring, and trade risk system that was fully compliant with the MiFid II and CFTC rules and regulations
Provided expertise and acting as a SME in front office commodity trading, and risk modeling (VAR, CVA, and RWA) for both OTC, physical, and centrally cleared trades. This includes the initial and variation margin for all OTC and centrally cleared derivatives.
Directly designed the quantitative models used for trade monitoring to make sure no trades or traders were manipulating the market place.
Developed and managed the project plans, schedules, risk, and budget.
Created and documented BRD and FRD specifications for a product review application and fully documented the User Stories. Created and reviewed test cases for completeness.
Completed the project 35% under the allocated budget and 28% below the timeline
Scrum master for this project, organized, and ran the daily scrum meetings.
Allegro Development, Dallas, Texas 12/2015 – 7/2017
Product Manager; PM/BA
Provided Project Management skills in areas of trade connect for commodity Front Office Trading and the Derivative Regulation Reporting.
Lead the design and deployment of a new trade capture platform to interact with all Commodity Exchanges throughout the world and third party vendor systems (TT and Trayport). This platform allowed for the real time capture of trades.
Manage the enhancement of the Derivative Regulation product to comply with the reporting requirements for all physical and OTC trades and conform to the Dodd-Frank; EMIR, MiFID II, and CSA regulations.
Responsible for shaping the vision and business plans for the products. This included developing the roadmap for the product for the coming three years and making the appropriate trade-offs to optimize time to market. Clearly communicating the product goals to all clients and teams.
Document business and functional requirements and work with the development team on the technical design requirements. Led the QA and User Acceptance testing (UAT). Analyzed all data by running custom SQL scripts
Directly manage the market risk and credit risk tools, which include VaR, Monte Carlo Simulations along with the MtM and PnL calculations.
Provide expertise in the central clearing model and the rules and regulations of the CFTC, FERC and REMIT as they apply to Energy trading specifically in natural gas and power.
SME in all areas of commodity trading both from a financial and physical product line.
BNY Mellon, New York, New York 9/2013 – 12/2015 Senior Business Analyst/PM
Provided project management and business analyst skills on various projects.
Led the design and development of a Derivative Regulation project that fully automated the reporting of all OTC derivative transactions to the SDR’s (DTCC,ICE,CME,REGIS-TR) to meet the regulations of Dodd-Frank, EMIR, REMIT, CSA, CCAR, and FINRA.
Worked with the business side and compliance to understand new business requirements and interpret the Dodd-Frank and EMIR rules and regulations to make sure the new work streams were fully in compliance with the laws.
Conducted workshops for stakeholders in each market to gather, analyze, document and validate requirements and produced BRD and FRD.
Performed data analysis and ran various SQL queries to critically evaluate test results.
Acted as the proxy between the business and the development team in order to produce timely and efficient solutions and resolve all discrepancies.
Promoted understanding of Central Clearing, Brokerage, and OTC Trading; dealing with FX, Fixed Income, ETF’s, Interest Rates, Commodities, and all Equity products.
RUGB Trading LLC, New York, New York 6/2010 – 8/2013 Business Analyst/Owner
Provided consultancy services across numerous capital markets products and projects
Provide expertise in market risk management, electronic trading systems, operational workflow optimization, vendor selection, trade execution strategy and system implementation.
Worked with all financially traded derivatives such as OTC swaps, FX, Equities, Commodities, Interest Rates, and Fixed Income products.
Experienced in implementing and integrating Triple Point, Geneva, Calypso, TT, Misys, Bloomberg and OpenLink Endur systems to meet the needs of clients and their end users.
Training traders and customers on the new systems and instituting new client-on boarding procedures both in person and on the phone in a clear confident manner.
Designed an automated Clearing Broker reconciliation tool that would match all confirmed trade positions with the Clearing broker (FCM) statements. This reduced the time and the cost of the broker reconciliation process by 48 percent.
Developed the first cross portfolio margining tool to reduce margin costs for offsetting positions in both financial and physical trading. This tool was approved by the major Exchanges (CME and ICE), FCM’s and the CFTC.
FATTOC LLC, New York, New York 10/2009 - 6/2010
Managed all electronic trading in Commodity Futures, Equities, and FX products.
To reverse declining profit margins and stay competitive performed detailed analysis of existing and competitors models to incorporate new ideas and theories into existing trading strategies and reformulated them to be more productive.
Expanded the trading business, and led the development team in designing new successful trading strategies. This led to an increase in profitability of $26k per day.
Improved back testing and analysis of systems; by automating the testing functionality, which significantly reduced the time to implementation from three days to three hours.
FLETT EXCHANGE, Jersey City, New Jersey 1/2008 - 8/2009 Project Manager/Business Analyst
Supervised a project team tasked with building a platform for the trading of solar credits
Developed and led the technology team in designing and building a state of the art platform for the exchange trading of solar credits.
Improved efficiency and increased productivity in the commodity futures trading platform, through detailed analysis of the present infrastructure and developed an action plan to reformulate and implement changes to the trading system.
EWT LLC/ Madison Tyler Holdings (Now Virtu Financial) New York 2005 - 2008
Head of Commodity Trading
Headed team tasked with building an electronic trading platform and electronic trading strategies to transition the open outcry trading to electronic trading in all energy, metals and FX commodity markets.
Managed the design and development of the first electronic trading platform for the trading of commodities and FX products in all available worldwide markets. This platform handled the full cycle of a trade from the trade execution to the closing out of positions; this included trade reconciliation, accounting, clearing and risk management for all exchange traded products.
Developed and implemented quantitative trading strategies in commodity markets that were exclusively traded manually. Result: generated five figure P&L in the first few days of electronic trading.
Managed the quantitative team in designing and developing algorithmic trading strategies that were heavily used in the energy commodity markets. These strategies generated five figure P&L in the first few days of electronic trading.
Led the transition from open-outcry trading to electronic trading in all financially traded derivatives markets which included Commodity Futures, Options, FX and Equities. Automated the regulatory reporting infrastructure to be in full compliance of the CFTC, NFA, and SEC rules and regulations.
Supervised and managed the largest Energy Trading Firm on the NYMEX trading floor.
Chris Jones RUGB LLC, New York, New York 1986-2005
Owner and Head Commodity Trader / Broker
Member of New York Mercantile Exchange trading energy commodities and base metals on a proprietary basis; was one of the largest independent traders in natural gas, crude oil and gasoline.
Actively traded Natural Gas, Crude Oil, Heating Oil and Gasoline products in the pits of the NYMEX exchange
Executed orders for clients and traded proprietary positions.
Hobart and William Smith Colleges, B.A., Economics, Graduated with Honors
MS Office Suite
Documenting Business Requirements
Process Flow Carts