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Foreign Exchange Solutions Specialist

Location:
London, ON, Canada
Posted:
November 12, 2021

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Resume:

DONALD J. WONG * * * * S i l v e r f o x D r i v e, L o n d o n, O n t a r i o, N 6 G 0 C 8 2 2 6 . 9 8 4 . 8 3 2 9 don a l d j e r o m e w o n g @ g m a i l . c o m PROFESSIONAL EXPERIENCE ROYAL BANK OF CANADA Treasury Solutions Specialist – National Specialized Sales 2016 – Present Promotes Cash Management solutions to Public Sector and Commercial clients across SW Ontario. Provides comprehensive Cash Management advice to clients and promotes value added digital solutions for Receivables, Payables, Foreign Exchange and Credit Card solutions to manage cash flow positions. Currently Managing a portfolio of $3 million in revenue across 2 Commercial centres in SW Ontario. Achieved 10% and 6% increase in existing portfolio growth and fee income for fiscal 2019 and 2020 by working with VPs and Account managers in my market. Currently at 24% above target revenue for 2021. Successfully collaborated with Commercial Account Managers to execute a marketing program to acquire 25 profitable clients in 2019. Actively referred over 25 clients to RBC Group partners in 2020 and 7 referrals in Q1 2021. ROYAL BANK OF CANADA Business Deposit Specialist - Specialized Sales Force 2013 – 2016 Promoted investment solutions to Public Sector institutions, Multinationals and Commercial clients in SW Ontario. Responsible for growing a deposit portfolio of $6 billion across nine Commercial centres in SW Ontario. Successfully acquired $100 million in new deposit balances from a client by proactively promoting investment solutions to meet the client’s short term needs. Successfully grew $90 million in deposit balances from a Canadian subsidiary of a U.S. client by proactively providing investment solutions for surplus balances. Increased revenues by referring cross sell opportunities to Dominion Securities, Treasury Solutions, Foreign Exchange and Leasing. Top Team award 2016 for helping grow revenue to $1,000,000 from the bank’s largest client in SW Ontario. BANK OF NOVA SCOTIA Senior Manager - Commercial Sales, Global Transaction Banking 2009 – 2013 Senior Manager - Financial Institutions Sales, Global Transaction Banking 2008 – 2009 Promoted Cash Management solutions to Financial Iinstitutions, Cities, Multinationals and Commercial clients in South Western Ontario. Managed a portfolio of Canadian and U.S. clients with $1.3 billion in deposits and $3 million in fee revenue. Provided strategic advice on integrated treasury management solutions including risk management, liquidity management, foreign exchange, digital payment solutions.

Donald J. Wong Page 2 of 2 Successfully retained business of a large city with $400 million in deposits and $150,000 in fee revenue by proactively marketing investment and risk management solutions. Successfully acquired the full banking business of a large city with $125 million in deposits by proactively marketing risk management, investment, foreign exchange and procurement solutions. Conducted fraud prevention and electronic banking seminars to educate clients on risks and solutions. Increased revenues by referring new clients to internal partners at Commercial Banking, Global Banking & Markets, Scotia Private Client Group and Retail Banking. Top Individual and Team Sales awards 2010, surpassing targets of 1 million by over 50%. ROYAL BANK OF CANADA, CAPITAL MARKETS 2004 - 2008 Corporate Trader - Foreign Exchange Managed a portfolio of US and Canadian Ccommercial clients with revenues of $1.8 million. Developed and executed pricing strategies which led to an increase in revenue by 20%. Consulted with and advised clients on Spot, Forward and Option hedging strategies. Collaborated with Global Financial Institutions to provide a foreign exchange solution for a financial clearing company resulting in $1 million of new revenue. Successfully negotiated a foreign exchange solution for a large retailer with 800 stores in North America with $12 million in FX volumes and $40,000 in revenues. Co-developed a new multi-currency, FX payment system. EDUCATION June 1994 Bachelor of Arts, Economics, University of Western Ontario June 1990 Motive Power Technician Diploma, Fanshawe College May 1987 High School Diploma, The Hill School, Pottstown, PA, USA PROFESSIONAL DEVELOPMENT Certified Treasury Professional, CTP Futures Licensing Course, Derivatives Fundamentals Course, Public Speaking ACI Dealing Certificate, Canadian Securities Course PERSONAL INTERESTS & ACHIEVEMENTS Assistant Fencing Coach, Western Varsity Fencing Fundraising for Easter Seals, London Children’s Hospital, London Chinese School Avid Tennis, Fencer, Golfer, Swimmer and Fishing enthusiast



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