XUAN T. CHUC
Jersey City
Summary
Demonstrates strong expertise in cash and trade operations, focusing on process improvement and risk mitigation. Skilled in resolving complex issues under tight deadlines while ensuring exceptional client service and compliance with regulatory standards.
Overview
26
26
years of professional experience
Work History
Cash & Trade Proc Assoc Analyst – Agency & Trust
CITI Bank, N.A
Jersey City
11.2021 - Current
- Process daily investment and redemptions of money market instruments in alignment with client cash flow mandates.
- Execute and book Fed and DTC trades for fixed-income instruments, including Treasury Bills, Time Deposits & Repo Rolls.
- Book standardized DvP/RvP transactions, ensuring compliance with DTC+1 settlement protocols.
- Settle FX spot trades for buy/sell across major currency pairs e.g., EUR/USD, GBP/USD to fund desk operations.
- Coordinated weekly and monthly loan portfolio allocation, managing incoming/outgoing Fedwire fund transfer instructions.
- Monitored account activity and balance, ensuring accuracy and resolving discrepancies within SLA timelines.
- Handle checks deposit and payable as per client’s request on the system portal with banking compliance.
- Trained team members on critical departmental functions during peak workloads.
- Participated in weekend system testing UAT to implement and enhance workflows for greater efficiency.
Custody Cash Settlements Analyst - Global Operation
BNP Paribas Corporate & Institutional Banking
Jersey City
03.2019 - 06.2021
- Executed end-to-end settlement of incoming/outgoing wire transfers for U.S cash and foreign currency transactions.
- Daily handled SWIFT message generation and validation for Delivery vs. Payment and Receipt vs Payments Fedwire.
- Securities and TBA (To be Announced) trades, ensuring compliance with DTC/FED guidelines and counterparty SLAs.
- Actioned NSCC-cleared trades, physical securities, and global custody transactions, including FX settlements.
- Monitored DTC Final Figure deadlines for multiple institutional participants, facilitating timely EOD balancing of securities positions.
- Reconciled cash and suspense accounts, ensuring alignment between client Vostro and bank Nostro accounts.
- Investigated and resolved complex trade settlement discrepancies, including mismatched amounts and failed deliveries, to maintain settlement accuracy.
- Ensured strict adherence to daily operational checklist, internal controls, and regulatory standards AML/KYC.
Technical Settlement Processor- DTC Fed Operation
Morgan Stanley Smith Barney
New York
02.2018 - 02.2019
- Ensured strict adherence to Possession and Control (P&C) protocol by accurately accounting for all bank deficit activities, maintaining compliance and reducing risk.
- Monitor and approve DTC trades in real-time using RAD and PBS with CUSIPs, quantities, and counterparties brokers.
- Execute DvsP/RvsP transaction for commercial paper, adhering to IMS via email instructions and counterparty SLAs.
- Perform in-depth analysis of corporate actions dividends, stock splits and action items requiring adherence to SEC Rule.
- Monitor and approve DTC trades in real-time using RAD and PBS with CUSIPs, quantities, and counterparty brokers.
- Maintain meticulous records of trades executions, regulatory exemptions and action items resolutions compliance audit.
- Conducted in-house account reconciliations, verified cash versus securities positions, and resolved discrepancies.
Ambulette Driver Transportation- Social Senior Care Center
Friendly Connections
Queens
01.2017 - 12.2017
- Picked up senior clients and drove them to home center or medical appointments, ensuring timely arrivals.
- Ensured clients' safety during vehicle entry and exit, minimizing risk throughout transport.
- Conduct pre and post trip inspection with proper operating equipment and condition of vehicle in all weather condition.
- Adhered to driving rules and regulations, meeting timely expectations for client satisfaction.
Securities Settlement Processor II – Global Securities Operation
The Bank of New York Mellon
Jersey City
07.2008 - 07.2016
- Processed and settled physical securities for clients according to trade instructions on tight deadlines.
- Specialized in making Delivery vs. Paid trades sent over the window to other clearance banks in good negotiable form.
- Communicated and coordinated proper delivery trades with several external parties such as brokers and custodian banks.
- Reached out to the legal agents to obtain proper transfer exhibit needed for buy-in and turn-around trades for clients.
- Coordinated and delivered large corporate action events, ensuring timely distribution to clients via UPS overnight service.
- Utilized multiple BONY systems and DTC systems to research and reconcile trades discrepancies of funds on accounts.
- Reviewed and reported daily and weekly trades’ inventory and exposure to upper management, ensuring transparency and accountability.
- Executed redemptions for treasury securities, including Small Business Lending Fund (SBLF).
- Oversaw confidential assignments for Troubled Assets Relief Program (TARP), maintaining compliance and confidentiality standards.
- Complied with BNY Mellon clients’ standard procedures and control was adhered according to KYC or AML policy.
Securities Processing Clerk - Tri-party Repo Operation
The Bank of New York Mellon
New York
12.2002 - 06.2008
- Processed fax instructions from clients for repo trades and wired out huge lump sum figure FED funds wires to broker’s.
- Processed reverse repo trades by settled client accounts and expected fund come back on future repo date with interest.
- Back tracked and reconciled interest discrepancies on prior day funds as to underpayment or overpayment on repo trade.
- Proofed overall various accounts funds due to maturity on trades received to the brokers’ accounts.
- Modified and updated repo trades due to future maturity repurchase date by automation on TPP platform.
- Generated all reports during end of day for proofing overall incoming and outgoing funds principles with income.
- Developed a contingency plan for using the BONY system for FRB pair-off, stock loan, and SPO charge.
Securities Processing Clerk- DTC Book Entry Operation
The Bank of New York Mellon
New York
12.2000 - 12.2002
- Settled shares by monitoring same-day and prior-day reclamations on ASP and DTC systems to ensure timely processing.
- Delivered shares to the client in book entry form based on administrators’ instructions.
- Processed CMO adjustment based upon on DTC system instruction requirements.
- Assisted administrators over the phone in regards to shares that have instruction to buy and sell.
- Reconciled inter-department control tickets on worksheets; processed daily General Ledger.
- Balanced worksheet daily by comparing reports on DTC and ASP systems, ensuring accuracy in financial records.
Education
Associate’s Degree - Computer Information Systems (CIS)
New York Technical College, C.U.N.Y
Brooklyn06-2000
Skills
- Trade management
- Trade execution
- Trade reconciliation
- Trade reporting
- Transaction processing
- Securities settlement
- Payment processing
- Regulatory compliance
- Financial regulations
- Risk assessment
- Problem solving
- Market research
- Data visualization
- Business intelligence
- Cloud financial services
- Operational efficiency
- Operations oversight
- Process enhancement
- System optimization
- Transaction management
- DTCC
- TCS BaNCS
- BONY System
- Digital security
- Security compliance
- Operational security
- Attention to detail
- Analytical problem solving
- Complex problem solving
- Problem solving
- Decision-making
- Effective communication
- Team collaboration
- Workflow optimization
- Training delivery
- Client management
- Market research
- Industry analysis
- Report preparation
- Microsoft Excel
- Advanced Excel
- Excel
- PowerPoint
- Microsoft Office Word
- Microsoft Team
- Outlook-Office 365
- Typing efficiency
- Time management
- Audit support
- Analytical decision making
- Financial risk assessment
- Advanced Excel
- Decision-making
- Audit support
- Analytical problem solving
- Time management
- Analytical decision making
- Financial management
Timeline
Cash & Trade Proc Assoc Analyst – Agency & Trust
CITI Bank, N.A
11.2021 - Current
Custody Cash Settlements Analyst - Global Operation
BNP Paribas Corporate & Institutional Banking
03.2019 - 06.2021
Technical Settlement Processor- DTC Fed Operation
Morgan Stanley Smith Barney
02.2018 - 02.2019
Ambulette Driver Transportation- Social Senior Care Center
Friendly Connections
01.2017 - 12.2017
Securities Settlement Processor II – Global Securities Operation
The Bank of New York Mellon
07.2008 - 07.2016
Securities Processing Clerk - Tri-party Repo Operation
The Bank of New York Mellon
12.2002 - 06.2008
Securities Processing Clerk- DTC Book Entry Operation
The Bank of New York Mellon
12.2000 - 12.2002
Associate’s Degree - Computer Information Systems (CIS)
New York Technical College, C.U.N.Y