Summary
Overview
Work History
Education
Skills
Websites
Professional Development
Timeline
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Carmen Berry CTP

Temple Hills,MD

Summary

Dynamic Certified Treasury Professional and Project Manager, offering over 17 years of experience building robust processes and procedures that bolster trading operations as well as balance business interests with risk tolerance. Meticulous project manager dealing with new trading platforms using sound business and financial acumen. Proven track record of navigating complex projects within highly regulated and rapidly evolving environments. Engaging and collaborative leader who builds high-performing and agile teams by empowering associates to reach their full potential using proven methods of skillset development and career goal management.

Overview

23
23
years of professional experience

Work History

Project Manger - Securities & Funding Manager

Capital One
09.2022 - 06.2024
  • Manage time-sensitive, complex 30+ highly specialized daily workflows to ensure department service levels are met with raising funding, building liquidity, and managing capital
  • Direct team in executing 10+ highly manual procedures for a debt funding portfolio of processes valued at $400B, including FHLB Advances, Brokered MMDA, short-term and long-term Brokered CDs, Fed Funds, Credit Card & Audio Securitization, Unsecured Debt Securitization, Common Equity, Preferred Stock, and Unsecured Subordinated Debt
  • Oversee team in setting up products with Bloomberg Aim and SUMMIT with all agency products and Repurchase Agreements (REPOS)
  • Ensure counterparty set up for multiple lines of business including both Money Market, Commercial, and Investment Portfolio Counterparties for proper trade execution
  • Primary contact to external partners, including JP Morgan Access Custody services and Bank of New York asset management: Ensure proper collateral of market value of $50M using Bloomberg, Bank of New York Broker-Dealer Access, and Access Edge for REPO trades ensuring proper liquidity requirements are met
  • Accomplished required contingency support of DTCC GCF REPO execution of $6B annually
  • Lead, train, coach, recognize, and develop 3 permanent team members and 2 campus-hired rotational team members - which includes coaching a Senior Analyst to earning a promotion as Principle Analyst
  • Serve as the first point of contact for the trading desks and internal stakeholders and able to effectively address issues, escalate potential problems, and head off concerns
  • Coordinate execution of Bank Insurance Life Policies of up to $2M each with both internal partners including HR, Front Office, and Legal as well as external partners including trust companies
  • Review exceptions to standard processing to ensure overall compliance with regulations, firm policies, and accepted business practices for over 25 operational, regulatory, and SOX controls
  • Assist senior management with strategizing alternative wire control enhancement which results in prevention of $5M+ in duplicate wire payments
  • Contribute to business requirement development, testing, training, and implementation support for enhancements and new firm initiatives for elevating technology systems, including SimCorp Dimension system and other internal wire expectations and cash systems.

Team Lead, Treasury Middle Office

Federal National Mortgage Association
07.2017 - 09.2022
  • Business project lead and SME for 10+ system implementations for trading and operational activities
  • Owned wire limit authorization of $1B to facilitate the approval and settlement of monthly trust directives
  • Managed 3 distinct business line functions (Debt, Derivatives, REPO) that included the planning and coordination of resources needed to facilitate the processing and reconciliation of monthly settlement volume of $50B
  • Led, coached, and developed ongoing training plans for new and existing associates to maintain proper levels of technical and business knowledge and acumen
  • Researched and identified industry trends for senior management; compiled and prepared monthly reports that highlighted those trends deemed necessary to maintain current and competitiveness in the marketplace
  • Coordinated contingency efforts for a remote working environment due to COVID-19 to ensure staff had system accessibility and resources to conduct business that was transparent to the customer.

Team Lead, Analyst III; Clearance/Settlements

Federal National Mortgage Association
03.2011 - 07.2017
  • Oversaw the clearance and settlement of all ACH, cash, and securities wire transfers to satisfy the financial obligations or the investment needs of a multi-trillion-dollar organization
  • Developed training plan to ensure the team was cross-trained while eliminating key person dependencies
  • Led Federal Reserve Bank's custodial and internal systems testing resulting in a 100% pass rate for the organization
  • Experienced in the clearance in settlement of structured transactions: DMBS, MEGA, MAJOR, and REMIC securities
  • Supported accounting Month End close process and tie-outs with the STATS accounting team.

Project Manager/Financial Analyst

Goldman Sachs & Company
02.2007 - 10.2010
  • Directed daily confirmation, settlement, and monitoring of trades for mortgage and equities trading desk, ensuring all processes and procedures were documented and followed as per banking regulations
  • Managed multiple aspects of Vault Reduction Project aimed at depositing 2K certificates by year-end: Trained 10+ associates in identifying and fixing discrepancies with stock records, liaising with Depository Trust & Clearing Corporation (DTCC) and client representatives, and asset servicing
  • Provided documentation and reporting functions to two senior managers
  • Introduced sound controls over processes and procedures, mitigating risk by depositing 95% of all certificates by year-end, generating a 50% reduction of insurance requirement from $2 to $1B in coverage
  • Pioneered SharePoint site to provide 2K+ users with standardized procedures for physical settlement processing, resulting in improved efficiency of dissemination of information used by global management and staff at all levels
  • Instrumental in crisis management during a $4M risk exposure; partnered with global control, senior management, and transfer groups to mitigate risk to the firm, received recognition from Managing Partners
  • Integral team member in settlement of over 5K+ deals at value of $300M+; orchestrated all tracking tools, including VLOOKUP, pivot tables, monitoring issues, reporting to management, and ensured settlement finalization.

Project Manager/Fixed Income Administrator

US Trust Company
02.2001 - 01.2007
  • Managed operational troubleshooting and coordinated facilities support for a 34-person trading floor
  • Oversaw a $2M relocation project to build a centralized trading team for 27 staff members
  • Collaborated with external business analysts to customize trading platform software and save $300K.

Education

Bachelor of Arts - Communications

Baruch College
New York, NY
05.2005

Skills

  • Risk Mitigation
  • Regulatory Compliance
  • Project Management
  • Employee Development
  • Project tracking
  • Work flow planning
  • Project lifecycle management

Professional Development

  • Certified Treasury Professional | Association for Financial Professionals 2019
  • Project Management Program | University of Maryland, Maryland College 2011
  • Project Management Certification Program | Rutgers University 2005

Timeline

Project Manger - Securities & Funding Manager

Capital One
09.2022 - 06.2024

Team Lead, Treasury Middle Office

Federal National Mortgage Association
07.2017 - 09.2022

Team Lead, Analyst III; Clearance/Settlements

Federal National Mortgage Association
03.2011 - 07.2017

Project Manager/Financial Analyst

Goldman Sachs & Company
02.2007 - 10.2010

Project Manager/Fixed Income Administrator

US Trust Company
02.2001 - 01.2007

Bachelor of Arts - Communications

Baruch College

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Carmen Berry CTP