P E Operations Specialist

E: **********@*****.*** P: 347-***-**** Staten Island, NY 10309

S A L V A T O R E D I F R A N C E S C O

S e n i o r O p e r a t i o n s S p e c i a l i s t Analytical leader committed to implementing value-driven trade and client services that support firm’s business lines with keen eye for detail to authenticate data processing/reporting, reconciliation and client instructions. Possess an innate ability to handle technical issues of various complexities to provide optimum solutions in accordance to guidelines while establishing strategies to identify inefficiencies for effective process improvements that align with ever-changing business demands. Decisive communicator that initiates collaborations to ensure timely completion of projects with a sense of urgency and building a rapport with clients/staff to execute deadline-driven objectives with exceptional leadership and problem solving skills. A R E A O F E X P E R T I S E

o Client/Investor/Vendor Relations

o Reporting & Documentation

o Operations & Financial Analysis

o Risk & Performance Management

o Trade/Account Reconciliation

o Quality Assurance & Strategic Planning

o Proficient in Microsoft Word, Excel, Outlook, Teams; Morgan Stanley, ACT, Phase 3, BETA, London Clearing House and Trace Systems, RBC, Wedbush, Charles Schwab, Lexis Nexis, OFAC, Docusign P R O F E S S I O N A L E X P E R I E N C E

DOMINARI SECURITIES LLC April 2024-February 2025

Operations Specialist

New Accounts Data Processing.

Account Transfers.

Account Updates.

Check Processing/ACH Processing.

Wire Transfer.

DAIWA CAPITAL MARKETS AMERICA, New York, NY 2005 – 2024 Operations Specialist

Instrumental in maintaining adherence to security, monitoring and reconciliation policies by recognizing specific customer needs to recommend financial products/services; strengthen customer relations for securities broker-dealer financial services.

Gather financial documentation for wire transfer and check requests while updating customer information in X-Bank to arrange new accounts, reconcile suspense accounts, assess cash journal entries and input CUSIP numbers in compliance to SEC regulations.

Apply intricate adjustments by comparing CNS/NSCC account data and reconciling DCMA/DCMAH with future cash projections via X-Bank reports; perform trade reconciliation with full accountability in observing average price trades and automated customer account transfer service (ACATS).

Directly deliver P&S support for equities and corporate bonds by examining NSCC contractual agreements to validate transactions, issuing balance orders and submitting trades via ACT/OCS/RTTM/Phase 3 while reporting discrepancies to all involved parties and addressing customer inquiries to initiate actions.

Manage operational risk that impact post-trade support aspects to participate in key initiatives that guide procedural implementation with full control of allocating resources/statements for further analyses and producing swift codes for international affiliates. REFCO SECURITIES, New York, NY 2004 – 2005

Senior Purchase & Sales Representative

S a l v a t o r e D i F r a n c e s c o 2

E: **********@*****.*** P: 347-***-**** Staten Island, NY 10309

Primary point-of-contact for seamless communications and transaction flow with critical oversight of global trading, clearance and settlements that involved 250K+ accounts in the U.S. and overseas; tracked movement of euro-clearing, ex-clearing and various bond trades across domestic and international markets.

Conducted due diligence process with a clear understanding in P&S processing with vendor services by working alongside members to resolve trade issues while confirming accuracy of London Clearing House

(LCH) trades and entering assigned CUSIP numbers to expedite trading actions.

Hand-selected as Back-Up Manager to consistently improve efficiency through cross-training that employed cohesive team culture and minimized settlement delays by implementing corrections prior to settlement date.

Commended for mitigating negotiations regarding failed trades with Contra Broker to present data-driven insight that ensured minimum financial losses.

NATIONAL SECUIRTIES, New York, NY 2003 – 2004

Traders Assistant/Senior P&S Clerk

Quickly distinguished as subject matter expert (SME) to implement measurable results that support post- trade activities for fixed-income trading desk consisting of government, municipal and corporate trades/bonds in beta weighted portfolio to measure risk levels.

Generated trade and transaction reports to increase transparency in volatile markets with outline of trade breaks process from contracts and ex-clearing obligations that consist of ineligible automated comparison to confirm corrections, cancellations and fails to settle.

Re-established partnership with First Clearing to utilize risk management and compliance tools that improved overall performance.

MORGAN STANLEY, Brooklyn, NY 1993 – 2002

Risk Management Associate/Professional 2000 - 2002

Entrusted to administer quality assurance (QA) analysis that pinpointed risk and control deficiencies to enhance operational efficiency by communicating findings to propose process improvements; documented repurchase trades for accounts indicating decreased value and reduced trades for margin accounts.

Processed capital account reconciliations to leverage regulatory/statuary requirements and risk management practices by verifying wire transfer funds, reconciling inter-company accounts and investigating trade fails (DK’s) for timely bookings. Senior Purchase/Sales Clerk 1995 - 2000

Performed thorough execution of functional objectives for Clearing Department as key resource to authenticate cash and ex-clearing trades to determine corrective actions while providing direct assistance for senior management team to reconcile data within National Securities Clearing Corporation database.

Distributed information to authorized trade personnel regarding municipal/corporate bond market breaks for NSCC centralized clearing services and repurchase breaks for GSCC.

Acted as Department Lead to support on-going projects and departmental goals which cut costs. Senior Government Specialist/Trade Support 1993 - 1995

Took ownership of initiation of asset deliverables by posting fixed income trades with precision, utilizing trade verification module to validate government securities and evaluating mortgage backed security (MBS) foreign repurchase agreements to settle open trades in accordance to market conditions. E D U C A T I O N

B.A., Liberal Arts, Brooklyn College, Brooklyn, NY

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