Kirk Carlsen
Clifton,NJ
Summary
Seasoned financial professional with proven ability to adapt to change and to apply skills learned to cross sections of the business. Known for driving accuracy and efficiency. Strong collaborator focused on team success and adaptable to evolving business needs.
Overview
34
34
years of professional experience
Work History
Quantitative Financial Analyst II
Flagstar Bank, FSB
Hicksville, NY
01.2005 - Current
- Retrieve FX rates from Bloomberg and update FX rate spread sheet to include the Bank’s spread.
- Update EPP with the current offer rates for outgoing wires.
- Retrieving incoming FX messages (950, 900, 910, 999 and 199) from the ECHO system.
- Process all incoming EUR, GBP and CAD wires by verifying the beneficiary details to DNA, converting the FX amount to the USD equivalent and applying the funds to the correct GL and customer accounts.
- Daily reconciliation of the Bank’s position to the correspondent banks balance and USD GL
- Provide rates for branches and the Wire Room for all outgoing EUR, CAD and GBP wires.
- Review/verify, position and release all FX currency wires for processing from EPP.
- Monitor the FX market rates throughout the day to ensure the current rate is still appropriate.
- Prepare GL entries for account charges, interest, incoming wire charges and cable charges.
- Perform all FX investigation for EUR, GBP and CAD (Non receipt of funds, Recall of funds, discrepancies with foreign banks, fraud and general queries)
- Assist branches and the Wire room with FX, EPP and operational questions.
- Maintain records of all incoming and outgoing EUR, GBP and CAD wires.
- Research Wells Fargo Currency Teller issues.
- Reconciliation of Currency Teller Commission. Posting of FX income.
- Maintain Bank’s position. Daily funding of correspondent accounts. Purchase currency for short positions. Sell for long positions. Book trade.
- Confirm and settle FX trades to cover or reduce the Bank’s FX daily position.
- Daily reconciliation of branch FX cash transactions
- Investigate and resolve FX cash discrepancies with branches and the FX cash broker.
Hybrid Middle Office Analyst
Flagstar Bank, FSB
Hicksville, NY
01.2004 - Current
- Execute domestic wire transfers for margin calls and capital calls.
- Collaborate with brokers to confirm security trades and settlement instructions.
- Process Securities trades on 1LinkSK
- Manage pending security trades and track settlement progress to ensure smooth flow of cash & collateral placement
- Collateralization of the Municipality accounts.
Senior Operations Specialist
Atlantic Bank Of New York
New York, NY
11.1999 - 12.2004
- Daily reconciliation of Tellers Cash Account, Savings Control, ATM, ACH and Security Portfolio accounts.
- Communicate with branches for investigating and examining discrepancies.
- Daily processing and reconciliation of PRI Visa account
- Support and backup for the Federal Reserve account and Deposit Control account.
- Participate in special departmental projects.
Accounts Analyst / Systems Administrator
Allied Irish Bank
09.1994 - 11.1999
- Reconciled all departmental bank accounts.
- Reviewed, investigated and verified Suspense accounts against general ledger.
- Researched and resolved discrepancies with the Federal Reserve Bank New York Clearing House and correspondent banks.
- Processed daily Wire transfers and investigated client non-claim reports.
- Funded and balanced draft accounts.
- Responsible for opening and maintaining accounts on the Customer Reference File (Fiserv System).
- Trained and supervised new as well as existing employees.
- Initiated NIBSOL unattended processing and ensure accuracy of scheduled runs.
- Assisted in the conversion from NIBSOL to HAIBANK.
- Maintained statistics sheets for all items data entered NIBSOL/HAIBANK.
- Performed file maintenance on NIBSOL/HAIBANK systems for new and existing clients and general ledger accounts.
Account Reconciliation and Investigation Analyst
Allied Irish Bank
New York, NY
09.1992 - 09.1994
- Daily and monthly reconciliation of NOSTRO and CASH accounts totaling in excess of fifty accounts.
- Investigate and examine the discrepancies with correspondent banks and financial statements.
- Review and administer audit trails against the general ledger transactions and correcting improper items.
- Examine and resolve outstanding items against Dublin’s accounts.
- Interface daily with appropriate departments to ensure outstanding items and discrepancies are resolved.
- Resolution of non-receipt, over and under payments through diligent research, Swift messages and proper Tele-communications.
- Provide and process daily financial reports on current non-receipt, early fund and irregular items to all levels of management.
- Assisted in conversion, my research and efforts saved the bank over 100K in overdraft costs.
Education
Bachelor of Science -
New York University School of Continuing Education
01-1997
Bachelor of Business Administration - Economics, Industrial Organizational Psychology
Bernard M. Baruch College
01-1992
Skills
- Excel
- Word
- SWIFT
- EPP
- DNA/Miser
- Currency Teller
- JP Morgan Access
- EJ/ Electronic Journal
- Blackline
- Prologue
- 1LinkSK
- Various banking systems
Timeline
Quantitative Financial Analyst II
Flagstar Bank, FSB
01.2005 - Current
Hybrid Middle Office Analyst
Flagstar Bank, FSB
01.2004 - Current
Senior Operations Specialist
Atlantic Bank Of New York
11.1999 - 12.2004
Accounts Analyst / Systems Administrator
Allied Irish Bank
09.1994 - 11.1999
Account Reconciliation and Investigation Analyst
Allied Irish Bank
09.1992 - 09.1994
Bachelor of Business Administration - Economics, Industrial Organizational Psychology
Bernard M. Baruch College
Bachelor of Science -
New York University School of Continuing Education