Brian Price
Brooklyn,NY
Summary
Experienced business leader with a strong background in investment bank operations and hedge fund administration. Demonstrated expertise in team leadership, project management, and driving efficiency and automation. Known for problem-solving abilities and consistently delivering innovative solutions for clients and key stakeholders.
Overview
22
22
years of professional experience
Work History
Managing Director- Middle Office
Hedgeserv
10.2024 - Current
- Oversee operations team responsible for Middle Office services for Hedge Fund and Asset Management clients totaling $30 Billion+ Assets Under Administration
- Provide solutions for Trade Capture, Reporting, Trade Affirmation, and customized ad hoc requests for a diversified range of portfolios and products (Equities, Repo, Fixed Income, Equity and Fixed Income TRS, Listed and OTC Futures and Options, Vanilla and Exotic IR Swaps, CDS/CDX, Bank Debt, FX, Caps, Floors, Swaptions).
- Affirm trades on Trade Date using various platforms (CTM, NYFIX, Traiana, Markitwire/MTM, IceLink).
- Perform Broker Reconciliations, initiate and reconcile Cash wires to be sent through Hazeltree, facilitate trade settlement using PB portals and reporting, and support and monitor real time risk management through Hedgeserv's in house risk management UI.
- Utilize Python, Excel and SQL to develop automated data maps for trade capture and pricing.
- Creator and head of the MO Development Prioritization team. This group coordinates intake of development requests, writes JIRAS, prioritizes work according to client needs across the department and works directly with the development teams to test new functionality and approve releases
- Spearhead new client integrations- specify and manage business requirements (reporting needs, pricing affirmations, onboarding of trade booking process with client OMS, demos of HS internal systems) and guide clients through the onboard to the HS platform
- Represent middle office in due diligence and sales meetings with clients and investors
- Headed Hedgeserv’s Sydney, Australia office from August 2016 through March 2018, leading office operations, recruiting, business escalation, client queries, and remediation of technology issues for a diverse team including accounting, technology, product control, valuations and middle office
- Developed a Business QA process which led to a creation of an offshore team to perform pre-release regression testing to avoid defects
Director- Middle Office
HedgeServ
03.2018 - 10.2024
Manager- Middle Office
Hedgeserv
11.2015 - 03.2018
Vice President- Credit Risk Middle Office
JP Morgan Chase
04.2014 - 11.2015
- Headed the North America Credit Risk Middle Office, with direct oversight of 16 analysts and associates supporting the Credit Executive team for securities, derivatives, and traditional credit product trading activity within the CIB (Corporate and Investment Bank)
- Partnered across multiple business and technology groups to optimize the data being utilized to monitor JPM’s Credit Risk alerting systems
- Produced KPI’s showing trending exceptions and systemic issues that needed to be addressed to properly monitor true exceptions
- Facilitated responses for the firm's Crisis Management Processes (RED's)
Vice President- Rates Middle Office
JP Morgan Chase
09.2011 - 04.2014
- Managed a team of 6 trading assistants supporting the US Treasury, Agency, and Algorithmic trading desks
- Led highly sensitive operational processes, including the U.S Treasury auction process, the Agency Bond origination lifecycle, and trade reporting to FINRA
- Coordinated responses to internal and external audit requests, including FINRA inquiries, Federal Reserve visits, and GSE audits
- Steered several change initiatives including the decommission of a 20-year-old trade capture platform and migrating to a Python based in house trade capture and risk platform, partnering with compliance and internal affiliates to re-engineer the US Treasury auction operational process, and driving the firm-wide rollout of US Treasury floating rate notes
Associate- Middle Office
JP Morgan Chase
05.2006 - 09.2011
- Supervised a group of 8 trading assistants, supporting the MBS, ABS, CMBS, Non-Agency CMO, Agency CMO, Project Loan, PCS, and non-economic residual trading desks
- Implemented TRACE reporting in the Securitized Product space
- Engineered the migration of the SPG, Treasury and Agency desks swaps activity to Kapital, a trade capture and risk system for Interest Rate Swaps
- Developed the end-to-end trade flow process allowing the front office to trade Student Loan Auction rate securities, a highly profitable and complex niche product
MBS Allocations
Lehman Brothers Inc
09.2003 - 05.2006
Education
Bachelor of Science - Business Administration
SUNY At Albany
Skills
- Microsoft Excel
- Fundamental SQL Proficiency
- Fundamental Python Proficiency
- Fundamental VBA Proficiency
- CTM
- Traiana
- NYFIX
- Markit
- ICELink
- Operational Efficiency Management
- Client Onboarding Process
- Bloomberg
- Change Implementation
- Automation Process Optimization
- End-to-End Middle Office Operations
Timeline
Managing Director- Middle Office
Hedgeserv
10.2024 - Current
Director- Middle Office
HedgeServ
03.2018 - 10.2024
Manager- Middle Office
Hedgeserv
11.2015 - 03.2018
Vice President- Credit Risk Middle Office
JP Morgan Chase
04.2014 - 11.2015
Vice President- Rates Middle Office
JP Morgan Chase
09.2011 - 04.2014
Associate- Middle Office
JP Morgan Chase
05.2006 - 09.2011
MBS Allocations
Lehman Brothers Inc
09.2003 - 05.2006
Bachelor of Science - Business Administration
SUNY At Albany
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