Daniel Kleynerman
Livingston,NJ
Summary
Financial Leadership: Demonstrated success in leading financial initiatives, including capital deployment, cash management, and FX risk evaluation. Developed analytic models to assess risk exposures and implement effective hedging strategies.
Strategic Planning: Proven track record of executing strategic initiatives and driving process innovation. Experience in assessing optimal risk retention strategies for insurance needs and enhancing efficiencies in captive insurance management.
Team Leadership: Strong leadership skills in managing cross-functional teams to achieve project objectives. Skilled in partnering with internal and external stakeholders to develop scalable processes and drive business initiatives through technology integration.
Client Relationship Management: Exceptional ability to communicate with senior leadership and staff, addressing client needs effectively. Proficient in project management, coordinating tasks, and delivering results within tight deadlines.
Overview
20
20
years of professional experience
1
1
Certification
Work History
Mortgage/Rates Portfolio Manager
PNC
11.2021 - Current
- Trading MBS TBAs, Spec pools, and derivatives to provide customers liquidity as well as optimizing book hedges based on market and economic environment
- Interacting with internal and external salespeople/traders, optimizing execution. Leading coordination with multiple teams on spec pool delivery schedules
- Analyzing various risk metrics and designing optimized hedging strategies for the portfolio. Work closely with the risk management and the credit departments evaluating trading limits and the credit worthiness of counterparties optimizing balance sheet usage
- Generating and marketing trade ideas based on advanced statistical and systematic trading models
- Perform balance sheet analysis to best fit proper hedges in managing market and tail event risk.
Head Fixed Income Trader
USAA
06.2019 - 10.2021
- Managing 65bln liquid portfolio
- Trading Mortgages (TBAs, Spec pools, CMBS) treasuries, swaps, derivatives
- Focus: total return, Rel Value, Yield Curve, Volatility strategies based on cross asset market & economic data patterns, market conditions, inflationary environment, global multi-asset markets risk profile
- Responsible for Portfolio Optimization; building data-based volatility strategies in cross-asset as well as relative value space
- ALM and Liquidity management; Run cash management/optimization strategies
- Run event driven, systematic derivative strategies utilizing Volatility, interest rate derivatives, sovereign bonds, and exchange traded instruments
- Develop and run macro systematic strategies based on global economic data patterns, market dislocations
- Trade US dollar as well as cross currency portfolios using fixed income derivatives; instruments such as interest rate and total return swaps, swaptions, treasuries, futures, Eurodollar futures, Euribor futures and European bonds; utilized Aladdin/answer for analysis
- Built yield curve and volatility strategies as well as mean reversion strategies focusing on fixed income.
Fixed Income Portfolio Manager
AXONIC CAPITAL LLC
04.2016 - 05.2017
- Trading systematic strategies utilizing liquid multi-asset products such as interest rate swaps, treasuries, TIPS, MBS, Swaptions in USD, EUR and GBP markets
- Run systematic cross-asset Vol strategies using factor model based on global economic data patterns, market conditions, inflationary environment, and global markets risk profile
- Utilized Total Return swaps, Liquidity Management
- Run volatility as well as mean reversion strategies focusing on fixed income vol
- And cross-asset vol surface dislocations.
Fixed Income Portfolio Manager
MILLENNIUM MANAGEMENT LLC
10.2014 - 05.2015
- Run event driven, systematic derivative strategies utilizing Volatility, interest rate derivatives, sovereign bonds, and exchange traded instruments
- Develop and run macro systematic strategies based on global economic data patterns, market dislocations
- Trade US dollar as well as cross currency portfolios using fixed income derivatives; instruments such as interest rate and total return swaps, swaptions, treasuries, futures, Eurodollar futures, Euribor futures and European bonds, Equity Futures
- Develop and run systematic volatility as well as mean reversion strategies focusing on fixed income.
Portfolio Manager/Trader
CREDIT SUISSE
07.2011 - 10.2013
- Develop and trade event driven, systematic, and relative value strategies that have been back tested and are constantly evolving, focusing on the US fixed income as well as cross market strategies
- Client and management presentations
- Trade US dollar and cross currency portfolios using fixed income derivatives; instruments such as interest rate swaps, swaptions, treasuries, futures, Eurodollar futures, Euribor futures and European bonds, Total return swaps in fixed income and equities
- Develop low frequency, mean reversion as well as volatility strategies with the goal to generate total return.
Portfolio Manager/Trader
JP MORGAN CHASE
08.2004 - 06.2011
- Trade discretionary positions focusing on the US interest rate yield curve within the Portfolio group
- Trade US dollar fixed income derivatives such as interest rate swaps, treasuries, futures, Eurodollar futures, mortgages, and options
- Managed Yield curve, duration, and treasury basis positions for the firm’s Mortgage servicing hedging book
- Developed hedging strategies; was a key decision maker in positioning the servicing book; including managing and hedging key portfolio risks: duration, convexity, spread duration, yield curve, basis risk, volatility, cash flow, liquidity and model risk
- Conducted most execution of swap, treasuries, & futures hedges for the servicing book January 2006 through January of 2010 (often in very volatile environment & at times overnight); managed counterparty risk; Liquidity Risk management
- Traded in and out of multi-million-dollar BPV positions daily, managed liquidity; maintained internal and external relationships
- Provided guidance to the team analyzing MSR model stress testing related to valuation and risk hedging; risk/return optimization, portfolio construction; Develop quantitative models to measure investment decisions including relative value analysis and risk analysis and performance (including NII and return attribution)
- Collaborated with peers and internal clients in managing optimization of MSR asset risk and hedging methodologies.
Education
MBA - Analytic Finance
UNIVERSITY OF CHICAGO, BOOTH GRADUATE SCHOOL OF BUSINESS
Chicago, ILSkills
Bloomberg, SQL, VBA, Python, MATLAB, YieldBook, Aladdin, Anser; Reporting; ALM, Liquidity management, Market Risk
Certification
Finra Series 7, Series 63
Timeline
Mortgage/Rates Portfolio Manager
PNC
11.2021 - Current
Head Fixed Income Trader
USAA
06.2019 - 10.2021
Fixed Income Portfolio Manager
AXONIC CAPITAL LLC
04.2016 - 05.2017
Fixed Income Portfolio Manager
MILLENNIUM MANAGEMENT LLC
10.2014 - 05.2015
Portfolio Manager/Trader
CREDIT SUISSE
07.2011 - 10.2013
Portfolio Manager/Trader
JP MORGAN CHASE
08.2004 - 06.2011
MBA - Analytic Finance
UNIVERSITY OF CHICAGO, BOOTH GRADUATE SCHOOL OF BUSINESS