JOHN Y
Harrison,NY
Summary
COO ~ Business Management ~ Business Analyst A results oriented candidate with a high level of professionalism, strong work ethic and track record of success in a series of increasingly responsible positions. Extensive experience in Leveraged Loan, High Grade/Yield, and Agency MBS. Expertise in launching new businesses and delivering large scale, mission critical projects while mobilizing global resources. Proven leader with strong communication skills who aligns strategy with stakeholder goals. Areas of expertise include: Regulations Front to Back Controls New Product Committee Risk Management Profit Tracking / PnL Reporting and Monitoring Equity and Fixed Income Business Optimization Clearing Operations Expert Requirements Analysis Secondary / Primary Markets
Overview
18
18
years of professional experience
Work History
Director, Business Manager, Financing Solutions
UBS
01.2016 - Current
- Designed and implemented tactical CUSO level MI to track monthly/YTD underwriting standard variances and highlight underwriting exceptions
- Collaborated closely with Global Head of Financing Solutions to develop and implement new procedures covering both Origination and Post-Origination processes
- These procedures clearly separate the roles of first and second lines of defense
- In addition, helped meet FRBNY and ILR guidance
- Completed in-depth analysis of loan life cycle by mapping each activity cross functionally
- Developed recommendations for appropriate control framework needed to monitor and assess the effectiveness of key processes, both within first line and second line of defense
- Created and chaired management forum to review loan transactional efficiency on a deal by deal basis with both 1LOD and 2LOD
- Provided time sensitive analysis and presentations for the CEO of IB to facilitate executive briefings and meetings with FRBNY and OCC
- Created business case to enhance monitoring of virtual data rooms and avoid the business being conflicted from participating in future transactions due to unnecessary exposure to MNPI
- Worked in collaboration with the Business Heads to develop strategic ideas and budgets, i.e
- Complex trades
- Maintained operating effectiveness and integrity of the FTB control environment including acting as the liaison to the Logistics and Control functions on strategic and day to day issues.
Vice President, Chief Operating Officer, Credit and Agency MBS
SOCIETE GENERALE
01.2011 - 01.2016
- Served as key point of contact for entire Credit / Agency MBS platforms on Global Business Service (Compliance / Legal, Operations, IT and Accounting) topics
- Managed all financial and non financial reporting to CEO and other Management Committee members
- Reports included: PnL, Sales Credits, Primary Fees, Risk, Strategy and Operational losses
- Led business expansion initiative for AMER Credit
- Successfully built / introduced a High Yield and Cross Asset market making platform
- Maintained desk / Compliance’s internal control standards, including timely implementation of internal and external audit points together with any issues raised by external regulators, for example, FINRA
- Designed new TRACE reporting logic that improved the desk’s FINRA score on late reports by 50%
- Developed and managed annual departmental budgets, providing senior management with the information required to properly assess and efficiently manage the business
- Submitted new business committee proposals for approval, and coordinated efforts with infrastructure groups to setup and begin trading
- Established and administered departmental policies and procedures promoting cost awareness and ensuring proper controls to reduce expenditures
- Generated 2.5mm in cost savings by renegotiating contracts with vendors and electronic trading platforms for example, Market Axess and Omgeo
- Designed liquidity management model for month end LCR process.
Consultant, Business Analyst - Fixed Income Securities
DEUTSCHE BANK
01.2010 - 01.2011
- Created PIDs, BRDs, project plans, Visio diagrams, and metric and status reports for numerous projects; led working groups, status calls, and post deployment reviews; facilitated development of new automated trade process flows to increase efficiency and minimize control risk.
Associate / Business Analyst
OMGEO LLC
01.2008 - 01.2010
- Managed significant initiatives including TradeSuite 7.1 Enhancement and Omgeo inSITE Global Initiative; led cross-functional team of 10+ to manage client expectations and ensure on time delivery
- Collaborated with stakeholders to determine needs and develop solutions.
Junior Equities Trader
INDEX FINANCIAL SERVICES LIMITED
01.2006 - 01.2008
- Interpreted market news while proactively informing senior traders on relevant events
- Researched economic, political and financial data related to the desk’s strategies.
Education
Bachelor of Business Administration & Economics -
University of Kent
01.2007
Career Accomplishments
- Led large business reorganization resulting in over 4mm USD in net headcount savings at UBS
- Successfully led negotiations of profit sharing agreements between Primary and Secondary businesses. This led to an additional 5mm EURs of fees for the Corporate desk as well as reduced risk for Primary market group with regards to secondary trading revenue
- Improved SG America’s FINRA late TRACE reporting statistics by 50%
- Led Global Tools impact analysis and successfully managed roll out within AMER Fixed Income ahead of schedule and below budget
- No substantial operational losses incurred on any of the desks under my supervision
- Significantly improved Deutsche Bank’s Z/Yen Client survey results through successful relationship focused projects
Professional Development
- SECURITIES & INVESTMENTS INSTITUTE, CF 30 UK securities regulations, 2008
- FINRA, Series 99, 2012
Timeline
Director, Business Manager, Financing Solutions
UBS
01.2016 - Current
Vice President, Chief Operating Officer, Credit and Agency MBS
SOCIETE GENERALE
01.2011 - 01.2016
Consultant, Business Analyst - Fixed Income Securities
DEUTSCHE BANK
01.2010 - 01.2011
Associate / Business Analyst
OMGEO LLC
01.2008 - 01.2010
Junior Equities Trader
INDEX FINANCIAL SERVICES LIMITED
01.2006 - 01.2008
Bachelor of Business Administration & Economics -
University of Kent