PROFILE
Solutions oriented operations and business management executive with demonstrated experience utilizing information technology to support new initiatives and strengthen existing business lines in the Capital Markets and Asset Management industry. Experience working for senior management in extreme environments to identify and co-ordinate operational improvements requiring information management solutions. Able to translate complex business processes and workflows into project requirements to create solutions with business impact. Knowledgeable about financial market conventions, clearing intermediaries, front office trading applications, and back office settlement systems. Clear understanding of how different regulatory regimes impact information technology development. Capable of assimilating and manipulating large data sets to derive usable information.
PROFESSIONAL EXPERIENCE
HYBRID FINANCIAL LLC, Chicago, IL (10/09–9/10)
Co-Founder
Hybrid Financial is as an independent distribution company of hybrid retirement income solutions through broker/dealers, RIAs, and defined contribution plans. Hybrid retirement income solutions are living benefit guarantees that reference an independent third party investment vehicle.
-Marketed innovative guaranteed retirement income solutions as novel asset capture and retention strategy for distribution partners.
-Attempted to develop a coalition of insurance carriers, record keepers, investment managers, and technology solution providers to deliver product solution.
ALLSTATE FINANCIAL, Northbrook, IL (11/07–9/09)
Vice President, Operations – Allstate Institutional Advisors, LLC
Developed the operational infrastructure for Allstate's new mutual fund family and innovative retirement income guarantee. Supported the distribution of product by creating and managing sales liaison desk. Day-to-day contact point for transfer agent. Integrated fund accountant, custodian, transfer agent, and sub-advisors to deliver product suite. Assistant Secretary and Pricing Committee member of the Allstate Mutual Fund Trust.
-Brought product from concept to operational readiness within five-month period by aligning prospectuses with operations; creating shareholder applications and agreements; securing D&O and E&O insurance coverage; developing sales collateral; coordinating prospectus printing and delivery contracts; training transfer agent; and developing DST Vision presence.
-Trained wholesalers and key account managers about product features, benefits, and selling techniques. Accompanied key account managers to present product solution to distribution partners. Educated agents, regional sales managers, and wholesalers about product design and investment philosophy. Negotiated selling agreements and on-boarded fund family onto brokerage platforms.
KRAFT FOODS INC., Northfield, IL (2/07–10/07)
Treasury Manager
Key member of Front-Office Markets Execution Team. Managed the daily issuance of Kraft's $5 billion US commercial paper program. Conducted stock repurchase program in accordance with 10B-5 rules while considering company’s cash flow. Monitored the relative performance of brokers through scorecards and performance metrics.
-Significantly lowered Kraft’s short-term funding costs by using gap analysis and utilizing Kraft’s ECP program to arbitrage funding costs among different currencies.
-Prevented Kraft from drawing on credit facility by maintaining productive relationships with dealers assuring liquidity and market access.
TRUE NORTH ASSET MANAGEMENT INC., Lake Forest, IL (12/05–1/07)
Principal
Managed all aspects of establishing a financial planning firm from registration to client acquisition.
-Leveraged knowledge and experience with custodians, planning software, brokerage platforms, and fund complexes to become fully operational in two months.
-Gathered $5 million of assets within six months by identifying centers of influence as referral sources.
JPMORGAN CHASE (formerly Bank One) Chicago, IL (12/96–9/04)
JP Morgan Securities (formerly Banc One Capital Markets)
Associate Director, Commercial Paper Trader (2/03–9/04)
Responsible for market making activities for over 30 commercial paper issuers. Authored original research and market commentary to develop meaningful relationships with sales staff and investor community. Maintained positions within approved limits and utilized bank's balance sheet as necessary to provide client liquidity.
-Earned Bank One’s participation in 90% of term transactions where an issuer was also a commercial paper client by maintaining high client outstandings and delivering consistent customer service.
-Generated approximately $1 million per year in annual trading profits with minimal capital usage.
Associate/Deputy Business Manager, Fixed Income Trading (11/00–1/03)
Reported directly to trading management to identify projects to promote front-office efficiency. Defined, prioritized, and briefed senior management about front-office application development priorities and IT initiatives. Outlined business requirements for new development initiatives while taking into account data governance, regulatory, and risk management constraints. Wrote disaster recovery test scripts for each trading desk to test critical software and connections.
-Designed and oversaw the development of web-based reporting systems enabling rapid generation of ad-hoc reports for multiple user groups. Automated the production of commercial paper distribution reports to eliminate head count. Developed secure commercial paper underwriting system to consolidate all work streams into one repository. Presented business cases during planning cycle to eliminate administrative tasks and improve operational efficiency.
-Defined requirements and developed financing desk funding reports for better collateral control. Integrated Broadridge’s (formerly ICI/ADP IMPACT) clearing system into business management reporting structure. Reviewed third party vendor software for front-office management (Omgeo, FinancePro, i-deal, LoanNet).
Associate, Financial Analyst, Management and Planning Group (4/99–10/00)
Produced daily risk management and balance sheet utilization reports for senior management. Explained P&L variations and identified concentration risks across trading books. Analyzed desk returns in relation to capital usage. Coordinated budget process between front office and shared services during planning cycle.
Chase Mid. Mkt. Commercial Bank (formerly American National Bank & Trust Co.)
Rotational Management Trainee/Analyst (12/96–3/99)
A series of assignments in American National Bank’s Rotational Management Training Program commencing as Marketing Analyst, progressing to a Cash Management Sales Assistant, advancing to an Interest Rate Hedging & Bond Analyst, and concluding as a Fund-of-Fund Analyst for Bank One’s proprietary hedge fund.
EDUCATION
DePauw University, Greencastle, Indiana (1992-1996)
BA – Political Science, Minors: Economics and East Asian Studies
LICENSES AND SKILLS
Securities Licenses: FINRA: Series 6, 63, & 65
Accreditations: CERTIFIED FINANCIAL PLANNER™
Applications: Microsoft Office (Advanced Access Skills), Bloomberg, Crystal Reports, Visio, Hyperion (Brio) |
