SUMMARY:

• With an extensive collateral background on both the buy and sell institutional sides, I have worked for such notable financial institutions
• My collateral management expertise includes Confidential Derivatives, Repo's, TBA's and Futures with additional focus on Collateral Optimization and Portfolio Reconciliation. Further, I have deep experience involving Operational and Credit Risk Management as well as maintaining operational excellence under the spotlight of the contemporary regulatory environment.
• Areas of strength include Adaptive to changing market conditions, providing high - level, comprehensive analysis for a range of business needs and building solid relationships throughout all levels of an organization.
• A creative and inventive thinker, who craves a challenge and who is not afraid to work outside his comfort zone.
• Recognized and has demonstrated ability to provide leadership to an organization with focus and an excellent team player.
• Known for supervising simultaneous projects in high-pressure environments with professionalism and poise.
• Proficient in adapting to new procedures as business climate changes.

SKILLS:

• Ability to read, write and speak French fluently.
• Microsoft applications
• Bloomberg
• Algo/TLM Collateral Management Risk System
• Possess strong interpersonal and communication skills

EXPERIENCE:

Confidential, New York, NY

Vice President, Collateral Risk Management / Operations Manager

Responsibilities:

• Analyzed, identified, and documented all Compliance Risk Assessments under the Collateral Risk Management division
• Verified daily reconciliations and ensure that month-end close procedures are followed
• Worked closely with Internal Compliance to update and add new procedures; created new reconciliation processes
• Responsible for ensuring accurate and timely documentation
• Demonstrated the collateral processes on multiple successful external audits
• Partnered with technology/regulatory teams to capture more accurate and revealing metrics with which to better forecast growth and reduce exposure
• Interacted with regulatory bodies in the US such as the NY Fed and London FCA to discuss the derivatives margin collateral function
• Stayed abreast of market, industry and regulatory developments and built strong subject matter expertise across the functions, products, and processes involved
• Supported other operational requirements and initiatives as required
• Worked closely on the Resolution & Recovery Planning (RRP) regulatory program
• Credibility and capacity to build strong relationships with regulators, members and stakeholders domestically and internationally
• Demonstrated ability to achieve outcomes through the effective management of financial, physical and human resources, to prioritize and manage competing deadlines for self and others
• Responsible for ensuring the implementation of Risk Control Self Assessments(RCSA)
• Tracked of progress with remediation actions and Monitoring of key controls
• Being a contributing team player in an evolving operational risk management environment, incorporating a positive and flexible approach
• Contributed to the risk assessments for the most material risks and control
• Contributed to development and review of risk management policies and procedures
• Participated in the development of regulatory responses, risk management project implementations, and any other risk management activity that may need to be undertaken to support the Operational Risk Management Department.

Confidential, New York, NY

Associate, Collateral Risk Management / Team Leader

Responsibilities:

• Supervised the day-to-day margin process for Confidential Derivatives, Repo, TBA and Equity Prime Brokerage Businesses.
• Responsible for compiling the KRI and Metrics collateral pack as well as representing the Collateral Management group in the weekly Operations Manager meeting discussing RAG items and additional hot topic issues.
• Coordinated and execute the receipt and delivery of counterparty collateral while coordinating the funding deficits with Treasury.
• Liaising daily with business unit personnel of Legal Documentation, Credit Risk, Sales, and respective Middle Offices to resolve collateral and economic variances/disputes.
• Oversee the reconciliation for Confidential and counterparty’s collateral activity, including segregated 3rd Party collateral at the respective custodians.
• Participated in the coordination and User Acceptance (UAT) testing of system enhancements.
• Monitored daily trading activity for multiple Equity Prime Broker and Cross Netting accounts while issuing collateral calls to deficit counterparties.
• Trained and oversee the Mumbai Collateral Management support team who provide assistance with the daily margining of Repo and Confidential Broker Dealer accounts.
• Work closely with Internal Audit and Operational Risk Teams to ensure the integrity of our collateral processes are tightly controlled.
• Demonstrate the collateral processes on multiple successful external audits
• Participated on industry Collateral Framework meetings, namely within ISDA and SIFMA
• Co-lead and SME for the Dodd-Frank Collateral Management work stream.

Confidential, New York, NY

Team Leader

Responsibilities:

• Responsible for confirmation of collateral requirements with counterparties.
• Enter Credit Support Annex information into collateral system
• Products supported: Fixed Income Derivatives, Credit Derivatives, and Confidential Derivatives
• Issued Margin Calls directly to counterparties using the Algo/TLM Collateral Management System.
• Provided input to Legal regards to draft CSA agreements on both Paragraph 13 (New York Law) as well as Paragraph 11 (English Law terms).
• Notified the Credit department when margin calls are not satisfied on dispute status
• Coordinated the resolution of internal data flow problems
• Produced daily reports on collateral excesses and deficits and distribute them accordingly
• Coordinated project initiatives and related activities with various Project Managers and Global Business and Technology personal.
• Responsible for application system functions and support issues within the collateral Management environment
• Assisted management with self-assessment reviews to improve operational Margin procedures
• Ensured that all payments in all currencies are properly made and received.
• Confirmed with counterparties in advance that settlement figures and instructions are correct.
• Assisted traders in the management of the company's cash balances.
• Investigations - followed up on any missed or partial payments.
• Monitored the inventory and settlement of fixed income securities.
• Reconciled the Eurodollars, Fed funds, US Treasuries futures and options positions, trades, and brokerage with the clearing and executing broker.
• Resolved all trade discrepancies with our counterparties in a timely manner

Confidential, New York, NY

Derivatives/Funding risk Analyst

Responsibilities:

• Minimized the bank's risk by making required margin calls in accordance with executed ISDA/CSA agreements or long form confirms and internal credit/audit guidelines.
• Products supported: Fixed Income Derivatives, Equity Derivatives, Credit Derivatives, Commodity Derivatives, FX, and FX Derivatives.
• Identified breakdowns in daily operations process and created strategies for improvement.
• Proactively assisted salespersons, traders, credit officers, ISDA negotiators, treasury, funding, documentation and clients in resolution of any dispute that arises.
• Processed collateral movements with back office areas and systems
• Investigated / resolution of trade discrepancies.
• Responsible for development of project initiatives and ensuring deadline and deliverance
• Coordinated development strategy meetings between Section, Department Managers and Technology.
• Calculated daily funding requirement and instructed the funding desk with the aggregate total.
• Researched and fixed all cash breaks.
• Responsible for all Confidential and cash wires processing.