Credit Derivative Middle Office, Associate09/2012GOLDMAN, SACHS & CONew York, NY
Lead and coordinated industry (Big 14 Investment Banks) compression for all of Goldman Sachs and Co mortgage derivative division: Terminating over 25 billion of notional Reducing outstanding mortgage index (CMBX, ABX, IOS, PrimeX) notional by over 50% Reducing total trade count facing other broker dealers by over 90% each quarter.
Point of escalation for 2 CDS analysts; responsible for analysts productivity, accuracy, and career progression.
Daily support of the Mortgage and Credit trading desks ensure positional integrity and trade flow between risk systems, processing systems, and books and records.
Planned, managed and supported UAT projects leveraging Operations and Business stakeholders while working closely with Strategist and Technology teams to set business requirements while ensuring the prompt resolution of enhancements, fixes and regression testing.
Demonstrate comprehensive understanding of relevant regulations, operational and compliance procedures including fed regulated mandatory clearing, DODD Frank and Volker Rules.
Successfully lead and headed whole mortgage derivative team merger initiative into credit flow middle office, streamlining team synergies resulting in reduction of daily processing hours.
CD Operation North American representative for RNAC (Regional New Activities Committee) researching and recording findings based off current and future operational support model for new business providing key results to senior management prior to executing new business and maintaining the existing trade portfolios.
CDS Settlement and Confirmations Analyst11/2009 to 09/2012GOLDMAN, SACHS & CONew York, NY
Coordinate Cash Settlement of OTC Derivative Contracts including Mortgage and Credit products Liaise with Clients to resolve discrepancies ranging from documentation to calculations and trade booking Coordinate with FO/MO to resolve settlement discrepancies on structured trades Products covered include: RMBS, ABX, CMBX/S, CDO, TRX, CDS, IOS, POS, and Indices Responsible for triggering Floating Rate Events on Mortgage trades Ensure Goldman Sachs meets contractual deadlines, triggering Pay-As-You-Go Credit Events Liaise with various MO, IT teams to coordinate check out and processing of events Verify all event calculations tie out to external reference data provider (Markit Partners), raise any issues and resolve discrepancies Implemented and documented settlement procedures to meet Bank Holding Company regulator deadlines, resulting in improved controls and mitigating settlement risk Responsible for maintaining accurate books and records through various position reconciliations, analysis of cashflows and documentation, and risk reporting.
Derivatives Analyst09/2008 to 11/2009CREDIT SUISSENew York, NY
Managed settlements and risk mitigation for corporates and hedge funds relating to Over-The-Counter derivatives transactions, supporting Credit and Mortgage-Backed Products, such as RMBS, CMBS, CDO and CLO.
Ensured timely settlement of transactions, handled client queries, investigated discrepancies, and Nostro reconciliation.
Participated in the development of pre-settlements reports, measuring and controlling analysts' performance and progress on a department wide level.
Bachelor of Arts: Business Administration FinanceUNIVERSITY OF MIAMI International University of MonacoCoral Gables, FLGPA: cum laude GPA: 3.6Business Administration cum laude Finance GPA: 3.6
Rochester High SchoolValedictorian Henry King Stanford Academic Scholarship Dr. Luis Glaser Study Abroad Scholarship PHILANTHROPY Community Team Works (Goldman Sachs) BARC, Team Captain and Coordinator New York City - 'One Million Trees' Banking on Volunteers (Credit Suisse) New York City Food Bank Drive BARC, Brooklyn Animal Coalition
Microsoft Office Suite
President's Honor Roll
University of Miami Dean's List
Point of Youth - Drug Free Indiana
Teach for America (Washington Heights, NYC)
Chaperoned extracurricular activities
Fostered development in underprivileged youth
Big Brothers, Big Sisters (Miami, FL)
Fortified intellectual and mental skill-set
Tutored little sister to academic achievement and success
Bloomberg, DTCC, ICE-Link, Markit.com
Rochester High School Valedictorian
Henry King Stanford Academic Scholarship
Dr. Luis Glaser Study Abroad Scholarship
* President's Honor Roll
* University of Miami Dean's List
* Point of Youth - Drug Free Indiana