Financial Services VP Securities Lending, Prime Brokerage, Operations

SUMMARY OF QUALIFICATIONS

• Strong management skills and an effective communicator and leader with a proven track record of achieving objectives. Able to coordinate complex business details and consummate profitable transactions. Multi-talented in various businesses, consistently cultivating new relationships while maintaining current client base.

EXPERIENCE

Merrill Lynch, Jersey City, NJ 1/07 – 10/08

Treasury Operations Consultant

• Responsible for the reconciliation of control accounts involving Swaps and Structured Notes in all currencies.

• Extensive contact with IPA’s, Administrators, Traders and Settlement operations.

• Knowledge of the following systems used on a daily basis – Summit, Recon Plus, Tops, and Stars.

US Trust Company, Jersey City, NJ 3/06 – 5/07

Operations Analyst/Consultant - Investment Advisory Division

• Responsible for the daily review and reconciliation of Investment Advisory accounts held away from the bank.

• Extensive contact with Administrators, Custodians, Trading and all areas in Operations.

• Reviewed, advised, and assisted with many changes to the bank’s operational systems.

JP Morgan Chase Bank, Jersey City, NJ 10/03 – 1/06

Operations Analyst/Project Leader/Consultant – Prime Broker Operations

• Conducted a complete cash and position reconciliation for prime broker accounts within the fixed income division of the bank

• Introduced numerous system changes to complement their fast growing prime broker business.

Operations Analyst/Consultant- Securities Lending Fixed Income

• Resolved all outstanding cash and position differences between the ADP Impact System and Loanet.

• Revised and implemented many changes to the trade routing system of the bank to eliminate errors.

Operations Analyst Consultant, Asset Management Division

• Reviewed and supervised job responsibilities of the “Client Service Rep” and made recommendations.

• Resolved all cash position discrepancies with the London Nostro accounts.

• Handled all operational inquiries.

I Clearing Corp/Datek Online Brokerage Services, Jersey City, NJ 8/01 – 8/03

Vice President

I Clearing Corporation is a self-clearance firm for thousands of customer accounts, executing trades electronically. Trade execution, correspondent clearance, and securities lending are the main revenue producing areas of the firm.

• Restructured and developed new procedures for the Securities Lending department to increase interest income, while also saving on financing costs.

• Increased client base for additional lines of credit to conduct a very profitable stock loan conduit business.

Furman Selz LLC/ING Barings, New York, NY 4/95 – 6/01

Managing Director

Furman Selz LLC, a New York based broker dealer with approximately 600 employees. Asset management, proprietary trading, prime brokerage, and securities lending were their core businesses. Furman Selz was a non-clearing firm looking to expand its prime broker business and grow its asset management relationships. Value adding, revenue producing areas were needed to cultivate new business and preserve existing client base. ING Barings purchases Furman Selz LLC in 1998 in order to achieve these objectives.

• Introduced, designed, and structured a highly profitable and recognized Securities Lending department which generated $20-25 million quarterly.

• Developed procedures to increase equity trading with hedge funds, banks, and institutions.

• Formed and instituted a Trust Company to accommodate the increased hedge fund client base for securities lending and prime brokerage.

• Restructured new clearing arrangement, obtaining a tremendous savings on clearance charges while also receiving an upgrade in service.

• Responsible for the consolidation and restructuring of the ING/Furman Selz securities lending departments. This created additional revenues, streamlined reporting processes, increased business relationships, and also improved commitments to the firm’s trading and prime brokerage areas.

New Windsor Associates, New York, NY 8/83 – 4/95

Senior Vice President

• Responsible for the formation of a Securities Lending department which generated $12-15mm net revenue quarterly and managed all back office operations.

• Instituted commercial banking, broker dealer, and financial institution relationships.

• Revamped clearing arrangements with clearing broker and banks to cut costs and improve overall service.

• Improved and established new lines of credit for securities lending, bank loans, and firm trading

• Hired and managed all securities lending and operations personnel.

• Developed internal operating systems and instituted procedures.

• Cultivated new clients for trading and securities lending.

EDUCATION

• Institute of Finance, New York, NY

SKILLS

• Proficient with ADP Impact System, Loanet, Camra, Excel, DTC, Summit, Recon Plus, Tops, Stars.

• Advent, Checkfree Accurate NXG system, AMS system, Citrix recon tool.

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