Michael J. Marrone
11 Lakeview Drive, Mahopac, N.Y. 10541 Home (845) 628-9153 Cell (914) 497-8253
Offers hands on “buy side” portfolio administration, investment support, performance reporting, client billing and compliance management experience. Excels at personnel management, investment operations, SEC compliance auditing, automation, and process improvement implementation. Adept at streamlining operations for maximum efficiency and reducing costs.
Software Knowledge
Security APL, Merrin Trading System, INDATA, Advisorware, Lotus Notes, Bloomberg, Shark, ILX, NIDS, Micromaxx trading system, Advent, MAXdata, ProxyEdge, Bridge, Access
CAREER HISTORY
SS&C Fund Services, Armonk NY
07/04 to Present Operations Accounting Manager
Charged with the day to day accounting operations to ensure reporting to 25 clients and 40 different funds. The fund structures include; master/feeders, fund of funds, managed accounts, hedge funds, and off-shore/on shore funds. Financial instruments held include; futures, swaps, foreign, domestic, currencies, and options.
Accolade Technologies, LLC, 250 East Hartsdale Ave, Hartsdale, New York
12/03 to 07/04 Investment Advisory Consultant
Subcontractor retained to complete various projects for money managers, including restructuring the info structure of an operation and automating personal trading processes based on code of ethics guidelines.
12/02 to 12/03 Managing Partner
Purchased an equity interest in the consulting firm that offered services to the Investment Advisory community. Services included, Portfolio accounting workflow and systems review, Reconciliation process improvement, Trading process analysis and optimization, Performance measurement capture and reporting analysis, Asset management operations review and enhancement, and Office automation and technology analysis. Sold equity interest in 12/03 to re-enter the Investment Management community in an operations and system automation management role.
Cramer Rosenthal McGlynn, LLC, 520 Madison Avenue, New York, NY 10022
02/96 to 12/01/02 Director of Operations
Reported to Chairman and CEO of the firm. Assets under management of 5 billion dollars consisting of Institutional, Separately Managed Accounts, Hedge Fund, Wrap Programs, and Mutual Funds.
Responsibilities:
• Director of operations with full responsibility for the day-to-day operations of portfolio administration, investment operations including corporate actions, stock splits, income postings, Trade Settlement, client reporting, client billing, 144 restricted stock trade settlement, proxy departments, proxy corporate governance, class actions, AIMR Composites, securities lending program for the firms limited partnerships, Investment support, staff development,client reporting and contact. The core business was value equity and fixed income covering corporates, municipals, CMO’s, and treasuries.
• Chief Compliance Officer with full responsibility of compliance encompassing operational and compliance procedures, code of ethics including employee policy, advisory agreement review personal trading, client records, ADV I and II, Patriot Act, and SEC audits.
• Independently instituted changes in the filing process of 13f’s, 13g’s, 13d’s, form 4’s and annual form 5’s that significantly reduced the legal filing costs.
Noted Articles
• Operations Management May 1999 Vol. V, No.22 and May 2000 Vol. VI.No.22
• Securities Industry News May 2000
Gabelli Asset Management Co, One Corporate Center, Rye, NY 10580
07/92 to 02/96 Director of Operations
Reported to the Chief Operating officer with full accountability for all Investment Operations of GAMCO Investors and it affiliates. Assets under management were 8 billion dollars consisting of Institutional, Private, Hedge Fund, and Mutual Funds.
Responsibilities:
• Director of operations with full responsibility for the day-to-day operations of portfolio administration, AIMR Composites, investment operations including corporate actions, stock splits, income postings, Trade Settlement, client reporting, client billing, proxy departments, proxy corporate governance, class actions,staff development, and client statement mailings. The core business was value equity and fixed income covering corporates, municipals, CMO’s, and treasuries.
Axe Houghton Management, Inc./ USF&G Axe Castle, 400 Benedict Ave, Tarrytown NY
04/87 to 07/92 Investment Operations Officer
Reported to Chief Operating Officer having full accountability of Investment Operations for Axe Houghton, and to the Chief Investment Officer for USF&G. Assets under management were 12 billion dollars.
Accomplishments:
• Key person in two data conversions to the Maximum Data portfolio management system for USF&G and its affiliates.
MONY Financial Services, Four Manhattanville Rd, Purchase, NY
10/84 to 04/87 Accountant/Administrator
EDUCATION
St. John’s University 1984, B.S Business |
