Hugh Hoang
Culver City,CA
Summary
Creative Business Owner with exceptional background spent in Real Estate and Finance. Proven leader with engaging demeanor and success working in most demanding environments.
Overview
26
26
years of professional experience
1
1
Certification
Work History
Owner- Self Employed
Milton Properties LLC
01.2009 - Current
- Evaluate real estate investment opportunities. Work with Real Estate Agents, Mortgage Brokers, Attorneys, Escrow, Title, Insurance, and Contractors to identify real estate projects that meet or exceed company investment objectives; incorporating risk parameters, remodeling cost, IRR, NOI, ROI, and Cap Rates.
- Identify and research development opportunities for property acquisitions, evaluating prospective investment opportunities, secure land/sites for project development.
- Manage all real estate transactions and the performance of investment portfolios, including project’s cash flows, capital financing, budgets, and market forecast.
- Lead the formulation and delivery of offers and associated due-diligence, negotiate with local authorities and registered providers, agents and lawyers.
- Oversee all acquisition of Investment Properties for the Real Estate Portfolio.
- Negotiate Tenants Buys-Out while adhering to local Rent Control laws. Coordinate the remodels with Contractors, Architects, Rent Board, and local Department of Building and Safety. Acquire necessary permits from the city and perform all necessary due diligence.
- Leased out the properties and became the Property Manager. Responsible for all rent collections, P/L accounting, repairs and maintenance of the property.
Commercial Real Estate Analyst
Kinecta Federal Credit Union
06.2017 - 12.2017
- Assisted with asset management and servicing of all commercial real estate loan portfolios. Monitored payments, property income performances, and apply data to key performance indicators.
- Analyzed borrowers tax returns to help identify potential credit risk. Monitored loan performances, bank/accounting financial statements, rent rolls, and inspection reports to adhere to loan compliance.
- Assisted with all loan asset management and servicing matters including payoffs, prepayments, estoppels, lease reviews, cash reserves, financial reporting, and insurance inspections.
- Worked with Management to proactively identify problem loans, develop monitoring plans, and assist with the execution of loss recovery strategies such as restructures and/or foreclosures.
Fixed Income and Foreign Exchange Operations
Bank Of New York Mellon (BNYM)
04.2010 - 12.2015
- Team Lead for all fixed income, FX, and derivative trading products. $400 billion AUM. Daily Trade volumes of more than $100 billion in trades; Domestic Fixed Income, Foreign Exchange, Developed and Emerging Market Bonds, TBA’s, Non-Deliverable Forwards, NDX, Spot trades, Swaps, Futures, and Options.
- Oversee all mark-to-market bond valuations of derivate positions. Determine appropriate collateral levels meet ISDA and CSA requirements.
- Review and reconcile all client portfolios. Resolve all trade valuation discrepancies.
- Prepare derivative movements, obtain required approvals, and ensure settlement for all trades.
Senior Operations Analyst
Ares Management LLC
06.2007 - 07.2008
- Team Lead for a 5-member Cash Reconciliations team overseeing 32 hedge funds and separately managed accounts. The firm specializes in Bank Loans (CLO/CDO), private equity, and distressed debt with more than $20billion AUM. Responsible for all cash reconciliations, asset/position reconciliation, and daily cash flow reports to the Portfolio Managers.
- Maintain all Perfect-Asset Swap trades (cross currency swaps). Oversaw Trustee performance reports (JPM and BNY Mellon) for PAS hedging on European Bank Loan products. Analysis of currency exposure, security set up, pricing, rate resets, wire transfers, and confirmation of notional balances following quarterly payments and early prepayments.
- Coordinate client subscriptions/redemptions to the fund. Assisted in monthly and quarterly calculations of management fees and expenses, shareholder allocations, distributions, P/L reconciliations, and NAV Calculations.
- Redesigned all cash reconciliation spreadsheets; macros, pivot tables, and v-lookup to increase process automation and efficiency.
- Served as the point person for the Cash Reconciliations team. Daily interaction with other department heads; Trading, Reporting, Performance, Analytics, Accounting, and Portfolio Management.
Seniors Operations- Cash Manager
Countrywide Securities Corp
06.2006 - 06.2007
- Managed all daily cash projections and forecasting models. Produced reports for the Finance Desk and parent company (Countrywide Home Loans) to finance intraday liquidity.
- Performed Trade Support duties for the Treasury, Repo, and Sales Desk. Processed and confirmed daily trade settlements and post daily fails. Repriced trades for daily margin calls and resolved all trade discrepancies between trade capture systems and P/L reports.
- Allocated daily collateral for Tri Party Repo customers based on asset class; Treasuries, Agencies, GNMA, Agency Mortgages, Private Label CMO's, and Asset Back Securities.
- Worked with Management team to develop, document, and implement new policies, procedures, and internal risk controls for Trade Support and Cash Management duties. Evaluated internal systems for product and industry changes to improve efficiency.
Senior Operations Officer
Wachovia Global Securities Lending
02.2000 - 06.2006
- Supervised and trained a 7-member Operations team in the settlements and trading processing of DTC, Fed Book Entry, Euroclear, international settlements, physical settlements. Fed-Wire transfers, corporate actions, and portfolio reconciliations.
- Managed daily trade processing and settlements for asset management and securities lending portfolios with over $60 billion in fixed income securities, domestic and international equities, foreign bonds, and short-term reinvestments including commercial paper, tri-party repo, and money market funds.
- Assisted Portfolio Managers and Traders in a trade support role including cash flow verification, interest and rebate cleanups, security setup, trade confirmation, repricing/pair-offs, and compliance testing to ensure portfolio strategies are being met.
- Worked extensively with the IT Department to bring about automation and improve efficiency to the department. Reengineer and redesign the internal database system. Developed new modules for trade capture, settlements, collateralization, compliance and over-drafting reports.
Investor Portfolio Analyst
El Camino Resources
06.1999 - 02.2000
- Served as the primary investor relations liaison for a $60 million privately funded equity portfolio. Responsibilities include servicing of all investor inquiries, monthly due diligence, and ad hoc request.
- Compiled, analyzed, and generated monthly performance reports for client distribution.
- Worked with the CFO on special financing projects to raise and secure $110 million in collateralize private debt offering.
- Assisted in the Finance Department in lender audits, capital financing, loan defaults, and risk management.
Natural Gas Trader
Enron Energy Services
07.1997 - 05.1999
- Traded all short-term positions for the firm's Canadian physical natural gas portfolio
- Gained experience and knowledge of fixed-float swaps, futures, and options
- Created, designed and maintained market models to forecast and predict natural gas prices for day, month, base-load, and term summer/winter blocks.
- Developed new business and trading relationships for the firm's Canadian markets.
- Executed daily operations for the flow of natural gas assets including gas control, pipeline scheduling, database maintenance, and GL entries.
Education
Bachelor of Arts - Economics
University of California - San Diego
La Jolla, CA06.1997
Skills
- Operations Management
- Administrative Oversight
- Investor Relations
- Profit and Loss
- Consulting
- Client Service
- Project Estimating
- Financial Management
Certification
California Department of Real Estate License- Oct 2023
Timeline
Commercial Real Estate Analyst
Kinecta Federal Credit Union
06.2017 - 12.2017
Fixed Income and Foreign Exchange Operations
Bank Of New York Mellon (BNYM)
04.2010 - 12.2015
Owner- Self Employed
Milton Properties LLC
01.2009 - Current
Senior Operations Analyst
Ares Management LLC
06.2007 - 07.2008
Seniors Operations- Cash Manager
Countrywide Securities Corp
06.2006 - 06.2007
Senior Operations Officer
Wachovia Global Securities Lending
02.2000 - 06.2006
Investor Portfolio Analyst
El Camino Resources
06.1999 - 02.2000
Natural Gas Trader
Enron Energy Services
07.1997 - 05.1999
Bachelor of Arts - Economics
University of California - San Diego
California Department of Real Estate License- Oct 2023
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