Summary
Overview
Work History
Education
Skills
Timeline
Generic

Delroy Samuels

Bridgeport,CT

Summary

Results-driven Product Controller experienced in financial statement review, auditing and reporting. Well-versed in producing reports, evaluating department operations and handling month- and year-end closings. Meticulous, conscientious and methodical in approach.

Overview

4
4
years of professional experience

Work History

Senior Product Controller

JP Morgan Chase & CO
05.2022 - Current
  • Product Controller contact for Americas Coverage business
  • Responsible for P&L and risk reporting and commentary
  • Analysis of deal documentation for validation of revenue recognition
  • Tracking of investments made by Coverage businesses directly and via partnership arrangements to ensure proper US GAAP accounting treatment
  • Month-end close - ensuring accurate and complete close-out of books & records for the month and resolution of any discrepancies in the results
  • Investigation, explanation and communication of business drivers underpinning significant financial movements and variances for Front Office, Legal Entity Controllers, Corporate Reporting and other IB and Corporate Finance groups
  • Analyze Volcker metrics for accuracy and provide critical commentary for submissions to external regulators
  • Continuous improvement through review of current practices/processes, identifying deficiencies and/or weaknesses, and delivering solutions to enhance the current control and reporting environment
  • Accountable for compliance with all internal P&L, Legal Entity and Product Control standards as well as all applicable corporate accounting policies
  • Ensure Income Attribution is executed in accordance with Transfer-pricing agreements and complies with the applicable internal standards.

Senior Trade Accountant

Freepoint Commodities
05.2020 - 05.2022
  • Make proper internal adjustments by differentiating between Future-Style Options and Equity Style Options to produce accurate Financial Statements
  • Created a file used to reconcile cash usage for T-1 vs T-2 to check for discrepancies in cash usage for each trader each day
  • Aid the front office by handling most of the traders' financials and everyday activities in collaboration with the trade accounting team of 5
  • Margin and Cash posting to GP - "Great Plains" accounting software
  • Cashflow Analysis – Post cash transactions to GP & analyze any discrepancies
  • Margin Reconciliation – Post cash margins being used by each book (trader) & charge them interest on the total cash usage
  • Reviews balance sheet account, reconciles and prepares associated balance sheet notes
  • Run the month-end process for Margin and ensure all deadlines are met
  • T bills and T notes reconciliation – Company purchases T-Bills & T-Notes
  • Posts each one & calculate the realize the amount of profit lost
  • Analysis of Primary settlements, FX settlement and future settlements in CXL

Fund Accountant

UBS
07.2019 - 01.2020
  • Oversaw the company's four funds, totaling $375 million, and managed each fund's daily operations
  • Worked on fund valuations and transaction entries and pricing and position reconciliation with various custodians and administrators
  • Assisted with investment decisions such as cash flow projections, guidelines monitoring, liquidity reporting
  • Accurately verified the net asset value calculations and signed off on the balance sheet and profit and loss statements
  • Updated NAV (Net Assets Value) prices in Bloomberg for four different clients
  • Administrator oversight and NAV validation (price, positions and accounts reconciliation, fee verification, etc.)
  • Managed cash and hedged foreign exchange (cash flow reconciliation, managing credit lines, calculating FX exposures and instructing for the execution of FX trades, etc.).

Education

Masters - financial risk management

University of Connecticut

Bachelors - finance

University of Bridgeport

Skills

  • Financial Controls
  • Excellent Team Leadership
  • Bank Security Expertise
  • Account Analysis Expertise
  • Business Intelligence Gathering
  • Business Activity Tracking
  • Financial Reporting and Analysis
  • Firm-Level Financial Assessment
  • Asset Control
  • Familiar with Account Coding
  • Spreadsheet Tracking
  • Internal Controls and Reporting Systems
  • Risk Management Expertise
  • Market Condition Analysis
  • Risk Assessment and Classification

Timeline

Senior Product Controller

JP Morgan Chase & CO
05.2022 - Current

Senior Trade Accountant

Freepoint Commodities
05.2020 - 05.2022

Fund Accountant

UBS
07.2019 - 01.2020

Masters - financial risk management

University of Connecticut

Bachelors - finance

University of Bridgeport

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Delroy Samuels