NICHOLAS M. MARINOS III
TRUMBULL
Summary
A Global Capital Markets, Investment Operations Expert and Finance Professional where acquired skills in business management and market analysis have contributed to the goals of growth-oriented institutions.
Overview
39
39
years of professional experience
1
1
Certification
Work History
Senior Fund Accountant
Atlantic Health System
01.2024 - 03.2024
- Direct report to the CIO on investment operations and accounting for $2.6B Corporate Operating Account.
- Responsible for enhancing, maintaining and reconciling internal cash liquidity for the AHS Operating Account, Pension Funding and Captive Insurance.
- Utilize Northern Trust Custody services to reconcile monthly cash movements and accounting entries.
- Review, approve, pay all invoices from vendors, service providers and regulators.
- Utilize Oracle Accounting Software for all investment General Ledger entries for month end close.
- Reconcile and approve accounting and performance reports from custodian and external consultant.
- Investment office contact for fiscal year end external audit.
Investment Operations Director-Comptroller
Hartford HealthCare
06.2015 - 09.2022
- Direct report to the CIO on investment operations and accounting for $4.2B in Pension and Endowment assets across 80+ managers and 146+ funds in each portfolio.
- Responsible for enhancing, maintaining and reconciling internal cash liquidity and projection sheet.
- Streamlined reconciliation process of daily cash movements, accounting entries and month end close.
- Reviewed, approved, paid, and warehoused all invoices from vendors, service providers and regulators.
- Liaised with Backstop Solutions to innovate, customize, and create a more intuitive user experience.
- Utilized Backstop Solutions for management reporting, redemption schedules and accounting entries.
- Reconciled, and approved release of accounting and performance reports from custodian and external consultant.
- Point of contact for the internal financial control group, K-1's for tax department and external auditors.
- Maintained, updated AML/KYC, reviewed trade settlements, notarized subscription and redemptions.
- Investment office contact for fiscal year end external audit.
- Seven years; no delays or findings in deficiencies of processes, record keeping, performance and valuation.
- Created and kept relevant the HHC investment operations and accounting procedures manual
- Mentored junior staff on daily cash reconciliations, custody reconciliation, workflow, and regulations.
Senior Director Operations and Process Improvement
Private Client Resources
03.2013 - 11.2013
- Member of Management Committee.
- Direct report to the President and CEO
- Managed information and data import files from RIA’s, Family Offices, Private Banks, and Custodians.
- Managed 2 SQL programmers and prioritized deployment of operational improvement rollouts.
- Lead process improvement rollouts with business analysts, clearing staff and client facing groups.
Associate Director Hedge Fund Administration
SS&C GlobeOp
10.2008 - 03.2013
- Senior Point of Contact for 50 Hedge Fund clients to resolve accounting and operational issues.
- Managed a global staff of 60 investment operations, accounting and investor services professionals.
- Created standard reports for daily foreign exchange netting transactions, wire receipts and payments.
- Reviewed investor documentation, instructions and approved all wires for Fund redemptions.
- Confirmed and approved all Fund wires for private placement trades and management fees.
- Managed various fund accounting and operations teams in monthly fund closings and annual audits.
- Approved month end valuation and documentation for non-standard positions by client and strategy.
- Point of contact for annual internal and external auditors and responsible for resolution of issues.
Securities Lending and Settlement Operations Manager
NexBank Securities, Inc.
07.2007 - 10.2008
- Direct report to the President and CCO of the Broker/Dealer entity.
- Relationship manager with Custodial Banks, Broker/Dealers and Hedge Funds for asset services.
- Project/system manager for Self-Clearing arrangement upon FINRA acceptance.
- Worked with external counsel to create Broker/Dealer structured to FINRA requirements.
Retail Clearing and Settlements Manager
Interactive Brokers LLC
05.2006 - 07.2007
- Reported directly to the Global Operations Director and Controller.
- Responsible for the daily clearance of 1.2 MM options, futures, and foreign exchange trades.
- Verified daily compliance to SEC Rule 15c3 for product specific regulatory rules and regulations.
- Reviewed daily, weekly, and monthly KPI reports to management.
- Senior point of contact for OCC, CFTC, external and internal auditors.
Assistant Vice President- Portfolio Finance Securities Lending
FIMAT USA, Division of Societe Generale
06.2005 - 12.2005
- Arbitraged Corporate Action events on equity securities.
- Manage relationships with Agent Lenders and Broker Dealers.
Vice President Global Securities Lending Manager
Amaranth Group
05.2003 - 06.2005
- Lead operations team and established self-clearing functions independent of outsourced arrangement.
- Responsible for all domestic and international settlements in Broker Dealer entities.
- Accounted for firm’s daily profit and loss, verified price accuracy across all products.
Global Securities Lending Manager
American Express Financial
04.1996 - 05.2003
- Reported to the Chief Operating Officer and Chief Investment Officer of the AXP Funds.
- Prepared and presented quarterly results to the AEFA Mutual Fund Board of Directors.
- Financed $1.3 b in overnight and term Repurchase Agreements for Life Insurance Company.
- Responsible for lending and managing all activity of $200 B in mutual fund assets.
Forensic Investment Cost Accountant
Consultant
08.1995 - 03.1996
- Uncovered and reconciled an $8.6mm shortfall in a bank general ledger.
Vice President Global Securities Lending Manager
Boatmen's Trust Company
03.1991 - 06.1994
- Managed a team of nine securities lending traders, accountants, and investment operations.
Trust Officer/Cash Manager/Senior Securities Lending Trader
Boston Safe Deposit & Trust Company
07.1985 - 03.1991
- Co-invested and accounted for a $6.1B securities lending comingled short-term investment fund.
Education
Bachelor of Arts - Political Economy
University of Hartford
Hartford, CTSkills
- Software Implementation
- Cash Flow Management
- Audit Coordination
- People Management
- Operations Management
- Project Management
- Creativity and Innovation
- Project Coordination
- Staff Management
- Organizational Development
- Cost Control
- Staff Development
- Issues Resolution
- Contract and Vendor Management
- Rules and regulations
- Legal and Regulatory Compliance
- Documentation And Reporting
- Business Administration
- Talent Acquisition
- Company guidelines
- Non-profit management
- Process Improvements
- Staff training/development
- Performance Evaluations
- Operations Oversight
- Teamwork and Collaboration
Accomplishments
- Led global re-engineering initiatives to increase ROI while adhering to SSAE16 (SAS70) controls.
- Hired during the October 2008 financial crisis to identify, mitigate and manage firm risk.
- Uncovered $40 MM P&L manager mark fraud in CDS contracts and foreign exchange trades.
- Turned workflow silos into bridges to connect underutilized human capital with the rivers of information.
- Upscale global work migration by leveraging the gifted, dedicated offshore workforce talent
Certification
- CT Notary, expires 09/30/28
- Series 7 licensed (inactive)
Professional Highlights
- Onboarded, drove daily operational use, and optimized Backstop Solutions across the investment office.
- Led global re-engineering initiatives to increase ROI while adhering to SSAE16 (SAS70) controls.
- Hired during the October 2008 financial crisis to identify, mitigate and manage firm risk.
- Uncovered $40 MM P&L manager mark fraud in CDS contracts and foreign exchange trades.
- Responsible for developing, validating, enhancing procedures, and driving global consistency.
- Direct report to AEFA Mutual Fund Board of Directors for fund operations.
- Established and managed global middle and back-office operations, reporting and system developers.
- Turned workflow silos into bridges to connect underutilized human capital with the rivers of information.
- Upscaled global work migration by leveraging the gifted, dedicated offshore workforce talent.
Timeline
Senior Fund Accountant
Atlantic Health System
01.2024 - 03.2024
Investment Operations Director-Comptroller
Hartford HealthCare
06.2015 - 09.2022
Senior Director Operations and Process Improvement
Private Client Resources
03.2013 - 11.2013
Associate Director Hedge Fund Administration
SS&C GlobeOp
10.2008 - 03.2013
Securities Lending and Settlement Operations Manager
NexBank Securities, Inc.
07.2007 - 10.2008
Retail Clearing and Settlements Manager
Interactive Brokers LLC
05.2006 - 07.2007
Assistant Vice President- Portfolio Finance Securities Lending
FIMAT USA, Division of Societe Generale
06.2005 - 12.2005
Vice President Global Securities Lending Manager
Amaranth Group
05.2003 - 06.2005
Global Securities Lending Manager
American Express Financial
04.1996 - 05.2003
Forensic Investment Cost Accountant
Consultant
08.1995 - 03.1996
Vice President Global Securities Lending Manager
Boatmen's Trust Company
03.1991 - 06.1994
Trust Officer/Cash Manager/Senior Securities Lending Trader
Boston Safe Deposit & Trust Company
07.1985 - 03.1991
Bachelor of Arts - Political Economy
University of Hartford
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