KAREN CHOTROW
Arnold,MO
Summary
Dynamic finance professional with a proven track record in operational efficiency across the finance industry. Demonstrated excellence in fast-paced environments, ensuring meticulous accuracy while enhancing team collaboration. Expertise in regulatory compliance and critical problem-solving has driven significant improvements in operational performance. Committed to leveraging skills to further enhance organizational success.
Overview
34
34
years of professional experience
Work History
Trading Operations
Wells Fargo Advisors
07.2020 - 07.2024
- Worked closely with equity and option traders on the trading floor.
- I worked in a fast-paced trading setting with high-value clients.
- Completed billing operations and rectified trade discrepancies following trader directives, managers, and service-driven requests.
- Trades were processed using different platforms: APL, FTP, Oasis, and Swift-CTM.
- I collaborated with leading industry entities, including DTCC, CRC, SWIFT, and key financial players.
- Ensured precision in reconciling inventories of traders, clients, and money managers by utilizing targeted reports and research.
- Ensured understanding of compliance standards dictated by DTCC and FINRA in finance.
- Facilitated collaboration among Compliance, Cost Basis, Stock Records, and Advisory-Managed Accounts for investment operations tasks.
Operations Specialist II
EDWARD JONES
09.2000 - 07.2017
- Facilitated asset transitions by ensuring seamless handling through ACAT framework and manual operations.
- Handled diverse assets such as stocks, bonds, mutual funds, annuities, foreign securities, and physical certificates.
- Reviewed legal documents, including wills, trusts, and POAs, to verify transfer accuracy.
- Partnered effectively with Estates, Retirement, New Accounts, and other operational departments to ensure seamless workflows.
- Facilitated the process of replacing physical certificates by meeting the necessary requirements and providing the essential documents to transfer agents and surety bond companies.
- Ensured accuracy in updating impacted assets to meet regulatory standards during corporate action events.
- I worked directly with brokers, transfer agents, both domestic and foreign, DTCC, annuity companies, FINRA (OFAC), and other financial institutions.
- Ensured daily transaction balances were accurate and precise.
- Implemented new processes and training to streamline daily tasks and operational procedures to increase efficiency.
- Worked effectively in team environments to make the workplace more productive.
Inventory Specialist in Corporate Bonds
A.G. EDWARDS
05.1990 - 09.1994
- Facilitated transactions in fixed income securities, handling intricate yield calculations.
- Executed trading orders based on guidance from field brokers and department traders.
- Executed pricing adjustments aligned with market trends.
- Managed real-time exchange of information with traders and brokers concerning inventory.
- Guaranteed reliable tracking and organization of fixed income inventory.
- Resolved issues quickly and effectively, showcasing strong problem-solving skills.
Education
Degree Certificate - Business Administration
Jefferson College
Hillsboro, MOSkills
- Outlook Proficiency
- Proficient in Microsoft Word
- Excel Proficiency
- Experienced in Swift for CTM Billing
- Block Trade Execution Using APL
- Facilitated trade transactions using OASIS
- Proficient in Smart Station Usage
- OFAC compliance monitoring per FINRA
- Meticulous Accuracy
- Collaborative Team Member
- Understanding of Regulatory Standards
- Critical Thinking and Problem Solving
- High Efficiency in Fast-Paced Environment
- Process Improvement Expertise
References
References available upon request.
Timeline
Trading Operations
Wells Fargo Advisors
07.2020 - 07.2024
Operations Specialist II
EDWARD JONES
09.2000 - 07.2017
Inventory Specialist in Corporate Bonds
A.G. EDWARDS
05.1990 - 09.1994
Degree Certificate - Business Administration
Jefferson College
Similar Profiles
MARIA HAMILTONMARIA HAMILTON
Client Services Representative III at Wells Fargo AdvisorsClient Services Representative III at Wells Fargo Advisors
Martina HendersonMartina Henderson
Documentation Specialist/ Escalations Analyst/ Operations Support Analyst at Wells Fargo AdvisorsDocumentation Specialist/ Escalations Analyst/ Operations Support Analyst at Wells Fargo Advisors
Aharon SiegelAharon Siegel
Financial Advisor at Wells Fargo AdvisorsFinancial Advisor at Wells Fargo Advisors
Barbara CavallaroBarbara Cavallaro
Senior Registered Client Associate at Wells Fargo AdvisorsSenior Registered Client Associate at Wells Fargo Advisors
Robert DeMintRobert DeMint
Windows Server Engineer at General Dynamics Information Technology IncWindows Server Engineer at General Dynamics Information Technology Inc