Associate Stock Operations Specialist
Resume:
Donald R. Price
Amityville, NY 11701
******@*****.***
SUMMARY
Investment brokerage operations specialist with a proven track record in reconciling complex settlement
problems. Demonstrated ability to analyze security industry process from trade booking to settlement.
Consistently and effectively managed a variety of operation functions such as stock record, cash and account
balancing, reorganization, margin client portfolio management, income trade settlement, and dividend
distribution.
PROFESSIONAL EXPERIENCE
BROADRIDGE CLEARING INC., Newark, New Jersey April 2021 to August 2021
Margin Consultant
Process increases for ETRADE day trading calls and restrict accounts trading activity due to calls
DAVID LERNER ASSOCIATES, INC., Syosset, New York
Senior Associate Stock Record Control/Reorganization/Margin June 2003 to May 2018
Balanced and controlled all street side accounts (depositories, bank loans and physical box locations).
Conducted weekly counts of all in house positions. Handled possession and control issues and determined all
securities for collateral DTC bank pledges for firm collateral and resolved segregation deficits. Strong
understanding of rule 15c-3 and fluid segregation. Processed all settlement of fixed income trades. Processed
all margin functions REG T calls and extensions, house maintenance calls, journals and margin proceed payout
request. Knowledge of Client Regulation Reg T and Margin Client Portfolio 4210 rules and regulations. Proficient
in risk methodology and rules-based risk management. Experience with Margin Client Portfolio management
and daily Reg T requirements.
MORGAN STANLEY & COMPANY, INC., Brooklyn, New York 1998-2002
Senior Associate, Fail Control
Responsibilities included balancing broker to broker accounts, Canadian depository breaks and bank
reconciliations, CNS account balancing, DTC balancing and aged fail resol
-Led a task force that reduced $1 million in aged exposure to less than 100k in broker fails
-Resolved an over 180-day old short free fail with a market value more than $600,000
Senior Associate, Stock Record Control 1986 to 1998
Directly responsible for all (cash and share) “plug” balancing, DTC balancing, general stock record
maintenance, quarterly count break resolution and foreign depository breaks.
EDUCATION
State University of New York, Oswego, New York
Bachelor of Arts: American History/Minor Political Science, Dean's List
CREDENTIALS
Series 7 & 63,
CRD # 1258606
COMPUTER SKILLS
Bloomberg, DTC, Davidsohn, BITSI and BITS! based in-house Systems
Phase 3 Sungard, ADP, Wachovia Fed, BONY Fed, Huntington Bank Fed.
Microsoft Office Word & Excel
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