Fund Manager Assistant

Robert H. Lenz

Fairfield, CT *****

203-***-**** – C • ******.******@*****.***

EXPERIENCE

RyMaL Financial Solutions, LLC June 2012 – Present President - Fund Accounting/Operations Consulting Services

Founded company due to industry need for Operations streamlining and consolidation. My Operations/Fund Accounting background was a fit to facilitate the outsourcing needs of Trading and Administrative Firms allowing them to more efficiently concentrate on their core strengths.

Bridgewater Associates, LP March 2016 – January 2019 Operations Quality Control - Consultant

Joined the Operations QC Team to help facilitate the transition of migrating the BackOffice Operations responsibilities to an outsourcing solution. Monitored Quality Control procedures to ensure adherence to strict QC standards.

Developed written procedures to document process and work flows

●Manage daily operations processing of various trading activities including Collateral Operations, TRS and Cash & Positions on Futures and Derivatives.

●Reviewed Wire Transfer activity for accuracy and prepared for approvals.

●Monitored break activity to ensure adherence to SLA’s, timely resolution and to allow for escalation of instances above Management thresholds.

●Managed account setup workflow process between BW Front Office and outsourced Operations group for counterparty and new instrument onboarding.

Tweedy Browne & Company, LLC September 2015 – March 2016 Fund Accounting/Operations Analyst - Consultant

Joined Firm on Consulting Project due to familiarity with Order Management and Portfolio Management systems. Was able to quickly take over operations processing eliminating extra workload on Fund Accounting team enabling smooth operation of complete back office process.

●Manage daily operations processing of Mutual Fund and Equity trades and positions.

●Maintained Corporate Action events in back office system to ensure accurate balance of holdings.

● Maintained reconciliation process for FX hedging activity and executed foreign balance conversions.

●Reviewed and recorded transactions in dual Portfolio Management system (Advent Axys/Portia) to assist in migration to new platform.

UBS Investment Bank, Stamford, Connecticut June 2012 – July 2015 Market Risk Middle Office - Consultant

Eliminated key man dependencies and reduced error rate by documenting process and developing written procedures, mastered use of risk accountability system and trained Front Office personnel allowing for faster implementation.

●Coordinate efforts among Traders, Market Risk Officers, Risk Control Operations, Business Managers, Risk IT, and Compliance ensuring regulatory requirements are executed in relation to the recognition of key risk exposures via Arisk (UBS risk aggregation system) on a daily basis.

●Oversee daily execution of a full suite of macro level controls on key risk measures including but not limited to risk sensitivity checks, security underlyer information capture, valuation inconsistencies, and intersystem reconciliations detecting potential issues and escalating as needed to the appropriate stakeholders.

●Develop written procedures to document process and work flows for Disaster Recovery/Business Continuity efforts

●Direct the investigation of trader disagreements in regards to their exposure and coordinate efforts with multiple areas within the risk organization relating to data quality controls.

●Lead a group wide effort to automate report creation and delivery previously produced tactically via Excel tools resulting in substantial efficiency gains translating to major cost savings.

●Created reconciliations ensuring data quality goals were met and allowing run the bank operations to be effective.

Berkeley Quantitative, fairfield, Connecticut July 2011 – April 2012

Manager – Trading Operations

Managed a small team of analysts to create cash reconciliation process allowing clear analysis of Capital usage. Created redundancy measures which allowed for the elimination of key man risks.

●Manage daily reconciliation process with multiple clearing firms to ensure all Futures trading matched proprietary records.

●Monitor daily Commodity risk exposure for onshore / offshore funds and managed accounts using proprietary software to maintain proper risk weightings across product categories.

●Manage cash platform for margin payments, subscription / redemption activity and fund expenses.

●Prepared DDQ's for various Prime Brokerage relationships to assist in Marketing efforts.

Spruce Private Investors, Stamford, Connecticut September 2009 – May 2011

Senior Vice President

Developed proficiency in Back Office OMS and Reporting systems in order to document process and develop procedures to streamline efficiencies. Researched scalability issues and recommended outsourcing operations as a best solution eliminating the need to add additional resources.

●Manage daily operations processing of Mutual Fund and ETF trades and positions utilizing the Advent Axys position management platform.

●Audited workflow process and implemented changes to increase efficiencies and documented procedures which resulted in a savings of 2 man hours per day.

●Directed efforts for proper implementation of outsourcing solution.

●Evaluated Operations procedures in the FoF Manager Due Diligence process through on-site Fund Manager interviews and reviewing Fund Manager DDQ's.

● Assessed Operational risks on Hedge Funds across various strategies including Global Macro, Energy & L/S Equity.

OpHedge Investment Services, Rye Brook, New York April 2008 – September 2009

Senior Controller

Created reconciliation process to streamline month-end workload for 80+ entities which reduced work days needed to produce monthly NAV's.

●Managed monthly closing process for multi-billion dollar Soros Quantum Fund relationship

●Liaised with Operations Group to ensure proper accounting of all cash and trading accounts

●Reviewed client memos to record entity funding activity, capital calls/distributions and subscriptions/redemptions

●Maintained and reviewed client Fund P&L schedules and implemented design changes for more efficiency which resulted in better usage of space on one page rather than 2 pages per statement.

●Monitored monthly NAV process which includes: Reviewing and recording reconciliations, client reporting, trial balance tie-outs, fee calculations and balance sheet analysis

Graham Capital Management, Rowayton, Connecticut February 1997 – April 2008

Manager – Operations 12/03 – 4/08

Automated reconciliation process through implementation of Checkfree software saving15 man hours per day through elimination of manual rec process. Implemented cash management platform to facilitate100+ transfers and 20+ wire payments per day providing more efficient use of cash and increasing interest earned through overnight deposits.

●Managed Cash management duties which include: Margin payments, swap settlements, option premiums, capital calls and distributions to investors, daily money market sweeps, coordination of subscriptions and redemptions with offshore administrator and payment of fees

●Calculated and set funding ratios for various trading strategies helping to maximize return on equity for leveraged clients.

●Oversee Operations processing of all Futures, FX, Options, Fixed Income and Equity trades/positions on a daily basis

●Coordinated Capital call/distribution activity with Client Services Group

●Reviewed subscription/redemption documentation ensuring accurate client account balances.

●Maintained Corporate Action events in back office system to ensure accurate balance of holdings.

●Executed Foreign balance conversions

●Ensured timely execution of Swap confirmations

●Developed account opening and closing process to effectively monitor progress of updates among various groups in the firm.

Assistant Manager – Accounting 10/02 – 12/03

●Reported to CFO and was responsible for Treasury functions including margin payments, subscriptions and redemptions, payment of Management and Admin. Fees

●Supervised Fund Accountants and reviewed daily NAV calculations

●Created VBA macros to alleviate NAV reset process, saving 8 man hours/day surrounding month end

Fund Accountant 2/97 – 10/02

●Prepared daily NAV calculations for senior management and Client Services

●Maintained cash journals for 200+ accounts

●Liaised with Client Services Group on due diligence inquiries

●Maintained in-house share registry and reconciled with outside Administrator

●Calculated P&L attributions and performance analysis for Client Services/Marketing departments

QUALIFICATIONS

●Functional knowledge of all major commodity futures, options, Mutual Funds, ETF’s and interbank forwards

●Strong interpersonal and problem-solving skills

●Dedicated work ethic, detail-oriented, excellent figure aptitude, team-player, self-initiator

●Proficiency in Microsoft Word, Microsoft Excel, Beauchamp Fund Manager, SS&C Total Return, Advent Axys, Advent Moxy, Arisk TSO, Jetweb, Jetbase, Portia

EDUCATION

Bachelor of Science, Finance

Sacred Heart University, Fairfield, Connecticut

Contact this candidate