Summary
Overview
Work History
Education
Skills
Certification
Timeline
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Jack Piuggi

Summary

Financial Service Associate with background in sales and understanding of how to build client loyalty. Dependable professional with dynamic communication skills. Proven success in streamlining Derivative processes for optimized support and optimizing execution for clients. Accomplished Broker adept at growing business through deep knowledge of Derivative option products and strong relationship-building abilities. Leveraging over 39 years of experience.

Overview

39
39
years of professional experience
1
1
Certification

Work History

Derivatives Specialist

XFA A Division Of Marex
02.2023 - Current
  • Enhanced trading efficiency by implementing advanced risk management strategies for derivatives portfolios.
  • Streamlined trade execution processes, improving overall productivity and minimizing errors in the workplace.
  • Boosted profitability by optimizing hedging techniques and utilizing diverse financial instruments.
  • Developed robust pricing models for various derivative products, ensuring accurate valuations and well-informed decision making.
  • Completed option derivative trades, matching buyer & sellers which resulted increasing profits on commissions.

CEO

JP Derivatives LLC
11.2017 - 11.2022
  • Achieved company growth by implementing strategic plans and streamlining operations.
  • Expanded market share through successful acquisitions and mergers.
  • Developed a high-performance executive team for improved productivity and efficiency.
  • Created a positive work culture, resulting in increased employee satisfaction and retention rates.
  • Implemented cost-saving initiatives to reduce operational expenses without sacrificing quality.
  • Enhanced brand reputation with effective marketing campaigns and public relations efforts.
  • Improved organizational structure by reallocating resources and redefining roles for greater efficiency.
  • Optimized supply chain operations for reduced costs and increased efficiency.
  • Fostered strong relationships with industry partners to expand business opportunities.
  • Ensured regulatory compliance by developing robust policies, procedures, and internal controls.
  • Led successful turnaround efforts for underperforming divisions or subsidiaries, restoring profitability within tight timeframes.
  • Championed sustainability initiatives to reduce environmental impact while improving brand image among eco-conscious consumers.
  • Developed key operational initiatives to drive and maintain substantial business growth.
  • Cultivated forward-thinking, inclusive, and performance-oriented business culture to lead industry in innovation and push progress.
  • Built productive relationships with industry partners and competitors to support strategic business objectives.

Managing Partner | Derivatives Broker

Israel A. Englander LLC. & Co.
05.1989 - 11.2016
  • Increased client base by implementing effective marketing strategies and fostering long-term relationships.
  • Streamlined internal processes for improved efficiency and productivity within the firm.
  • Mentored junior staff members, resulting in a more cohesive team and increased overall performance.
  • Negotiated high-value contracts with clients, securing profitable partnerships for the company.
  • Spearheaded successful client engagements resulting in repeat business and positive referrals from satisfied clients.
  • Established clear communication channels within the organization, fostering collaboration among team members towards shared goals.
  • Led recruitment efforts to attract top talent, contributing to a highly skilled workforce capable of meeting client demands effectively.
  • Conducted regular performance reviews for staff members to ensure alignment with company goals and foster professional development.
  • Increased revenue by 95% with successful promotional strategies and reductions in costs.
  • Established and maintained strong relationships with customers, vendors and strategic partners.
  • Initiated strategy to drive company growth and increase market share and profitability.
  • Developed innovative sales and marketing strategies to facilitate business expansion.
  • Oversaw business-wide changes to modernize procedures and organization.
  • Directed technological improvements, reducing waste and business bottlenecks.

Equity & Options Clerk

Dean Witter Reynolds
01.1985 - 05.1989
  • Increased efficiency by streamlining filing systems and organizing important documents.
  • Improved customer satisfaction by promptly answering inquiries and providing accurate information.
  • Collaborated with team members to complete tasks efficiently and meet deadlines.
  • Enhanced office organization with regular maintenance of files, records, and supplies inventory.

Education

High School Diploma -

Bayside High School
Bayside, NY
06.1982

Skills

  • Derivatives Trading
  • Problem Solving
  • Hedging Strategies
  • Options Pricing
  • Clearing Operations
  • Risk Assessment
  • Trade Execution
  • Analytical Thinking
  • Settlement Procedures
  • Cost Evaluation
  • Team Leadership
  • Trading Strategization
  • Customer Service
  • Coaching and Mentoring
  • Equity Derivatives
  • Market Trends
  • Stock Trades
  • Price Negotiation

Certification

Licensed | Series 57TO - Securities Trader Exam | SIE - Securities Industry Essentials Exam | Series 7 - General Securities Representative Exam

Timeline

Derivatives Specialist

XFA A Division Of Marex
02.2023 - Current

CEO

JP Derivatives LLC
11.2017 - 11.2022

Managing Partner | Derivatives Broker

Israel A. Englander LLC. & Co.
05.1989 - 11.2016

Equity & Options Clerk

Dean Witter Reynolds
01.1985 - 05.1989

High School Diploma -

Bayside High School

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Jack Piuggi