CFA with multi product P&L and Risk experience

RICHARD ALEXANDER, CFA

Flushing, NY *****

347-***-**** * *********************@*****.***

PROFILE SUMMARY

Chartered Financial Analyst with Risk, P&L and Product Control experience. Ten years of position analysis and P&L attribution using Greeks. Valuation, estimation and mark review of equity, fixed income and swaps products. Extensive experience interacting with front office, clients, and other stakeholders.

CURRENT PROJECTS October 2008 – Present

Independent Consultant – Business Analysis

• Evaluate client needs, research issues and present recommendations. Assessed business control functions and performed financial analysis of potential acquisitions for an ecotourism entity with locations on three continents.

• Additional consulting work for startup companies in the following fields: financial consulting, men’s retailing and grooming, and car wash. Attracted clients through industry networking and service in professional organizations.

• Active volunteer in several professional/networking organizations; Recent work includes chairing a panel discussion on state of the CDS markets at NYSSA, donating time to provide unemployed financial professionals with career advice/guidance, assisting in event planning for GARP, NYSSA and No Shortage of Work.

• Committed to learning VBA and SQL through self study with help from a network of mentors.

PROFESSIONAL EXPERIENCE

CITCO FUNDS SERVICES, Jersey City, NJ April 2007 – October 2008

Hedge Fund P&L Specialist – Equity Derivative Focus

• Served as a team leader in explaining client P&L to firm senior management. Dissected portfolios to attribute gains and losses intra month. Guided junior analysts in the examination and description of fund positions for presentation to firm equity owners and top management.

• Prepared and conducted a 90 minute presentation on equity derivative valuation for P&L analysts.

• Performed product control function for a wide variety of instruments, including global equity, exchange traded and OTC equity derivatives including barrier options, fixed income, and currency forwards. Produced T+0 and T+1 P&L and month end portfolio valuation for hedge fund clients.

• Primary P&L analyst for global equity derivative positions of a $10bn fund client.

• Instituted a position-based approach to evaluating equity derivative position P&L incorporating Greeks. Revised and enhanced P&L analysis procedures for every client covered.

• Partnered closely with clients to ensure accurate pricing info and resolve related issues. Collaborated with client front office and management, operations, technology and other groups on a daily basis.

JP MORGAN, New York, NY August 2005 – April 2007

US Dollar Swaps Middle Office Associate – Control Team Lead

• Led control process team for the most active swaps dealer desk on Wall Street.

• Partnered with traders to create accurate P&L and risk positions for firm management. Liaised between front office, back office, valuation control group, P&L, CFOs, business management and various other trading groups within JP Morgan and street wide.

• Used knowledge of risk parameters delta, theta & basis to track and assess correct position and risk.

• Played a central role in maintaining an extremely active book trading hundreds of deals weekly.

• Investigated valuation differences between predicted P&L and risk management system.

• Modeled intraday trades to insure accurate risk and valuation. Compared the marketer pricing model to the traders pricing model to reduce book risk.

• Participated in special projects for the group, including the development of in-house software tools.

RICHARD ALEXANDER, CFA Page 2 of 2

PROFESSIONAL EXPERIENCE

NEUBERGER BERMAN, New York, NY December 2003 – August 2005

Asset Management Statement Reconciliation – Consulting Position

• Performed reconciliations of bank to book statements for asset portfolios.

• Investigated and rectified booking issues for MBS, corporates, munis and equities.

• Corresponded with firm portfolio management and outside custodial entities to resolve account reporting issues.

• Participated in monthly QC process reviews of customer account statement issues. Escalated serious process issues to management to help effect resolution.

TAHOE TRADING LLC, New York, NY June 1997 – October 2003

Equity Option Risk Manager / Trader Equity Options & ETFs (2000-2003)

• Managed all aspects of a diverse portfolio of derivative positions including: evaluating value-at-risk and valuation in real time, P&L, hedging operations and clearing issues.

• Interfaced with firm traders to evaluate risk issues and enforce parameters.

• Developed and implemented stock and option execution policies.

• Spearheaded firm initiative to trade and manage stock risk in pre and post market trading sessions.

• Attended to all aspects of exercise, assignment and expiration-related issues.

• Performed comprehensive analyses of trading activity, brokerage billing and Value at Risk reporting.

• Resolved complex reconciliation issues in numerous financial asset classes through analytic problem resolution.

• Primary trader for a ‘wind down account’ containing a large number of single equity option positions.

Junior Proprietary Equity Options Trader (1999 –2000)

• Actively searched options markets to spot mispriced contracts to trade focusing primarily on earnings disappointments and other negative news situations.

• Generated close to 100% ROE with tight risk tolerances.

• Opened, closed, and resolved issues for several books with dozens of positions.

Junior Risk Manager (1998)

• Analyzed and monitored risk in a large number of derivative market maker positions in real time. Assessed derivative positions on an individual and portfolio basis. Interacted closely with clearing firm personnel and traders to resolve clearing and position reporting issues.

• Enforced risk parameters for floor traders. Determined option exercises. Traded stock and derivatives for floor traders’ accounts when appropriate.

Floor Clerk American Stock Exchange (1997)

• Accounted for and processed equity option market maker trades in a hectic environment. Reconciled clearing firm sheets to firm risk management position reports. Rectified erroneous trades intraday, eliminating a significant source of P&L risk

EDUCATION

B.S. Finance - Drexel University, Philadelphia, PA - 1997

COMPUTER SKILLS

• Strong Excel skills (skills include performing V Lookups, creating Pivot tables, etc.)

• Proficient in PowerPoint, Access, Bloomberg, online research tools and common business PC applications.

• Currently studying VB and SQL with help from professional tutors.

Contact this candidate