OBJECTIVE

Looking forward to work in a fast pace environment with my extensive experience in OTC derivatives and Collateral Management.

professional experience

Confidential AVP - Collateral Change Management Aug 2011 - May 2012

• Ability to work on multiple projects such as Security Profile, FX Clearing, Calypso Automation Feeds, Summit Feeds, ALGO enhancements, SCSA, Dispute Resolution Protocol, and Electronic Messaging.
• Work as BA for analyzing and testing on released items related to collateral and valuations
• Oversee life cycle of testing which include Analysis, Development, IST, UAT, Regression, SOX freeze and Go Live
• Act as business analysis on functional spec and collateral engine
• Collate business requirements with stake holders and business owners
• Manage the complete signing off on TOR and BRDs
• Interact with HK, UK and Paris for ISDA requirements and best market practice
• Report to senior management for Project Status Dashboard on a monthly basis
• Liaise with IT support for any defects and issues in production and post live
• Demonstrate the leadership in managing the OTC Clearing requirements
• Engage in Basel III and FSA requirements for global liquidity program
• Discuss with collateral team for any defects and areas that needed to be improved

Confidential, New York, NY 2004 - June 2011 Manager - OTC Collateral (2006-2011)

• Ability to work on multiple projects such as Central Clearing, FPML standard messages and position reconciliations (TriOptima).
• Oversee planning, integration, testing and execution of each project.
• Write business requirements and technical requirement.
• Take the lead for UAT testing and discuss with system developers.
• Submit project status report, test cases and release documents to senior management.
• Review and Approve ISDA/CSA, MRA and GMRA tactical data in collateral engine.
• Meet with new client for implementation of collateral and payment process.
• Manage a crew of 6 staffs in OTC Collateral with average 200 margin calls per day
• Monitor and approve all OTC payments including margin calls and settlements.
• Interact with clients and resolve any issues in a timely manner.
• Sign off for weekly and monthly reconciliations for position and collateral balance.
• Define and implement operation procedures with regard to ISDA requirements.
• Line support of daily credit and rates derivatives, futures and options trading.
• Analysis on daily and monthly margin activities including initial and variation margin.

Trade Support/Settlement Specialist - OTC Operations (2004-2006)

• Interacted with clients for trade support and settlements.
• Products include: interest rate swaps, credit default swaps, asset swaps, total return swaps, CMBS index swaps, swaptions, equity swaps, bond options, equity options, fx options, fx outright forwards, future rate agreements, credit default options, caps and floors, treasury bonds and treasury notes, etc.
• Monitored automated trade upload system on a timely manner.
• Processed daily payments and confirms thru GoWire and DTCC
• Examined daily mark to market valuations against counterparty statements.
• Performed any reconciliation/settlements as needed.
• Satisfied OTC margin calls and repo margin calls.

Confidential, New York, NY 1999 - 2004 Analyst - Risk Measurement and Analysis

• Monitored daily limit exposure by various products and traders.
• Analyzed market risk, interest rate risk, and liquidity risk on a daily basis.
• Reconciled futures options, currency options, securities portfolio and OTC derivatives.
• Produced and analyzed Daily Risk Management Report and presented to senior management.
• Reconciled profit and loss and daily position for foreign exchange, and all OTC products.
• Interacted with Front Office and Back Office when discrepancies arose.
• Evaluated futures options, currency options, derivatives and securities position based on mark to market information on Bloomberg and Reuters.
• Compliance check against Money Market, Foreign Exchange and Security Rules.

Confidential, New York, NY 1996 - 1999 Treasury Operations Officer

• Managed a staff of five and responsible for all treasury products, Accord matching system, FX Match, FX net, Investigations, Foreign Currency and USD payments, NY IBF and Cayman Deposits, CD’s, Future Options and IRS.
• Examined and released all derivative documentation via Swift based on ISDA definition.
• Interacted with technology support unit regarding new products and procedures.
• Projected and examined monthly foreign exchange and money market brokerage.
• Discussed operation procedures and manuals with senior management and internal audit.
• Implemented a new procedure and reduced the monthly brokerage discrepancies by $50,000.
• Involved in yearly audit from State Banking Department of New York and Federal Reserve Bank of New York.

Confidential, New York, NY 1990 - 1996 Operations Officer

• Managed a group of six staff supporting all Treasury, Securities, Fixed Income, and Derivatives.
• Implemented the development of the FX Options trading and helped establish the back office support unit.
• Completed a full disaster program and emergency plan.
• Approved and released ISDA documentation via Swift.
• Participated in monthly operation meeting with Internal Audit Department and Front Office.
• Involved in yearly audit from State Banking of New York and Federal Reserve Bank of New York.

Other historical experience:

Confidential, New York 1988 - 1990 Confidential, Hong Kong Branch 1983 - 1988 Confidential, Hong Kong 1980 - 1983 Confidential, Hong Kong 1977 - 1980

Professional development

Confidential, 1998 - 1999

• Diploma Course in International Banking
• Courses include Global Finance, International Banking, Futures & Options, Asset Management and Interest Rate Swaps
• Member of ISDA FPML Steering Committee
• Head of GlobeOp Collateral System Steering Committee

Technical Training

MarkitWire, Kondor, GoCredit (6.3), DTCC, Docushare,T-Zero, GoWire, GoConfirm, DealDataweb, FxMatch, Accord, Infinity Derivatives, Devon FX, BeAMS, Nostro/Lan, Montran, EBS, Reuters, Swift, Bloomberg, Loan Processing System, Confirmation Linked System (CLS), Calypso, DataQuality Center (QC), RTC, Calypso,TriOptima and ALGO PC Literate with skills in Power Point, Microsoft Excel, Word, WordPerfect, Visio and Microsoft Chart, Paint, Access, Microsoft Project Management, Macro and Pivot table.

Accomplishments in 2010, 2011 & 2012

2010:

• GM Treasury successfully launched on August 2010
• Allocation of margin call based on strategy as required by clients.
• Auto booking of collateral movements and interest settlements
• Over 200 US accounts have been successfully migrated to India office.
• Redefined terminologies on OTC and Repo under collateral application

2011:

• Wire automation for margin calls via STP
• Automation of CSA status report (ISDA/ISMA)
• Major Hedge Fund client (MunchRe) successfully launched on May 2011
• Creation of Security Lending Report for collateral
• Completion of BRD's for Central Clearing (CCP)
• Completion of BRD's for Margin Call Reconciliations
• Completion of BRD's for FPML Standard Messages
• Traveled to India on April 29, 2011 for setting up milestone of Central Clearing

2012:

• Implement a global user security profile among collateral applications
• Basel 3 first initial requirements to be released in July 2012
• FSA Liquidity Reporting to be released in July 2012
• Credit Downgrade Report by two notches to be released in July 2012