Objective

To utilize my knowledge and experience in a position that has the capacity to provide ever-increasing challenges.

Professional Experience

May 2012 - September 2012 Confidential, Barney Jersey City, NJ
Business Analyst (Consultant, temporary position) -- Corporate Actions Department

• Handle Cash and Stock Dividends including ordinary income, return of capital, Stock splits, Spin-offs
• Foreign and domestic optional stock dividends, Dividend reinvestment.
• Perform depository reconciliation, conversions, claims processing, Foreign Tax certifications and Elections thru DTC (elective Dividend Service)
• Processing of Optional Stock Dividends from inception thru completion of the event.
• Handle foreign ord dividend and interest payments, Allocated both USD and NON USD dividend and interest payments
• And substitute payments.
• Reconciliation and resolution of receivables and payables including fail / stock loan, monitoring and claims.
• Process journal entries to balance sub-ledger accounts, Reconcile and resolve exceptions.
• Handle variety of product categories like: ADRs, Canadians, Ordinary Shares, Auction Rate Preferred Stock, Closed end funds, Bonds.
• Provides input in defining client needs and implements solutions. Handle All Correspondence to internal and external client inquiries in timely and professional manner.
• Responsible for compilation and distribution of various management and regulatory reports.
• Work with Depository and processing systems like: DTC, Euroclear, SIAC, Morgan Stanley internal systems,
• and SWIFT massaging system.

January 2002 - September 2011 Confidential, Jersey City, NJ
Corporate Actions Specialist -- International and Domestic Stock Loan Corporate Actions

• Handle and Process Mandatory and Voluntary Corporate Action events including: Rights Offers, cash Stock option, Stock Split, Tender Offers, Bonus Issues, Mergers, Dividend Reinvestment Plans, Exchange offers, Convertible security and warrant subscription exercises, Bond redemptions/conversions and proxy.
• Balance and reconcile various business activities including: corporate actions, cash and security movements and general ledger accounts balances, and clear all post event reconciliation differences and payable/receivable items according to firm policy
• Validate corporate action announcements, inclusive of Key dates and rates.
• Review stock record and announcements to determine ownership.
• Collect and submit voluntary corporate action event election against agents, depositories and stock loan counter parties.
• Manage election against stock loan, fail and pledge positions, balance and allocate entitlement.
• Calculate entitlement based on voluntary instructions received and event results.
• Paying foreign and domestic market claims by SWIFT, DTC and Fed wire. Submitting accurate dividend and coupons claims/advices against outside brokers and banks. Pre advise incoming payments, and control currency conversions.
• Clear ledger receivables /payables upon receipt or payment of funds. Process journal entries to balance sub-ledger accounts.
• Perform trade and position reconciliation for listed equities, bonds and options, Remediate breaks and settlement issues.
• Perform contract and compare to prevent exposure to the firm; in addition, provide full support to the NY trading desk.
• Generate and Provide weekly risk and exposure and profit & loss analysis reporting to management.
• Handled all processing and account reconciliation for security borrow, loan, tax rates & return activity.
• Act as a liaison with outside brokers during Corporate Action events to maintain high levels of service excellence.
• Identify changes in the marketplace and proactively implement alternative procedures to reflect these changes.
• Handle all processing of corporate actions and straight dividend events on US and Non US Stocks, Bonds, and Mutual Funds.
• Use various technology systems including: DTC, FED, Loanet, Euroclear, SWIFT, SQL, Bloomberg, Workbench and Global One.
• Perform various settlements related functions and monitor and resolve settlement suspense items, fails and custody breaks.

May 2000 - January 2002 Confidential, Jersey City, NJ
Non US Corporate Action Specialist - Euroclear Department

• Ensure timely and accurate dividend/interest collection and allocation to the firm and its holders.
• Investigate and resolve uncollected multiple currently receivable and payables. Funded monies to the corresponding Chase concentration bank accounts. Identify and acted upon open payables and receivables.
• Controlling cash bank balances by ensuring the ML records balances versus the bank balance.
• Ensured proper balancing maintenance on Recon Plus with zero difference.
• Reviewed all incoming SWIFT communications messages for responsible custodial banks. Interacting & reconciling firm positions with foreign custodians and depositories.
• Ensure proper allocation to areas and set up dividend allocation files in coordination with the processing area.
• Identify all trade compensations utilizing ATLAS and automated RL/DL reports daily.
• Resolve and escalate out of balances to avoid financial exposure and negative client impact.
• Correspond and compare with custodian banks and authorize to pay or collect dividend entitlements.
• Convert payables utilizing PVS and supply the processing area with the currency exchange rate.
• Interpreted complex event terms and market regulations and practices.
• Analyze user requirements, procedures, and problems to improve business process.
• Assist in process improvements initiatives and document process flows and create policy and procedure documents.
• Facilitate direct communication with clients, Merrill Lynch entities, and related technology areas to process work proactively and efficiently

September 1998 - May 2000 Confidential, New York, NY
Securities Accountant (Consultant) - Stock Lending Department

• Perform Daily Reconcilement of Omnibus DDA accounts to the related Securities Lending System.
• Passed daily accounting entries through the SLMU General Ledger System and reconciled the General Ledger to the source system. Reconciled bank statements to the general ledger and ensure resolution of open items.
• Prepared daily positions and trade reconciliation between fund books and records and prime broker
• Handled domestic and international loans. Researched and referred exceptions to the appropriate areas for resolution.
• Proof and Control of Securities Loaned, returned, re-priced and invested cash collateral.
• Log instructions and monitor settlement of corresponding trades.
• Clear ledger receivables / payables upon delivery and receipt of securities
• Handled clearance and settlement with DTC, FED, CHIPS and Euroclear.
• Complete and file financial reports and ensure the integrity and accuracy of financial statements.
• Supported all Audit requests from both GAD and Price Waterhouse.

August 1997 - September 1998 Confidential, New York, NY
Operation Specialist - Corporate Trust Department

• Setup new loans on the BOND-MASTER system and reconciled Securities and Cash Accounts on internal database.
• Processing principle and interest payouts on municipal and corporate bonds and mortgage backed and government securities.
• Researched and reconciled discrepancies resulting in substantial savings to the bank.
• Setup interest rates on variable bond issues.
• Researched aged receivables/payables to reduce outstanding balances.
• Convert the portfolio of other institutions acquired by the The Bank of New York.
• Handled and Processed Corporate and Municipal full and partial calls, puts and CD redemptions.
• Ensured the area is in daily proof with General Ledger, proofed treasury journals and medium term notes, processed mortgage and asset- backed securities, and handled government, municipal and corporate bonds and equities.
• Provided operational support to broker clients on security transaction settlements.
• Implement audit and control functions.
• Reconciled Fixed Income products, Corporate Bonds CMO, ABS, MBS, CMBS, ADR, GDR, Notes, cash and asset positions with various depositories.
• Used various clearing and processing systems like: BONY, DTCC, and FICC Systems.

Education

Service/ Sales Representative - Retail Branch

• Communicated and interacted effectively with clients.
• Utilized referral system by cross - selling products to clients
• Solved customer's inquiries and problems by demonstrating problem solving skills
• Participated in many sales and marketing promotions.
• Controlled cash vault and sold travelers cheques.
• Promoted and demonstrated the usage of self-service machine.
• Assigned products to customers after determining their financial needs

MBA Degree - Majored in Finance.

BA Degree - Majored in Economics.

Software / Systems Experience

Loanet, DTC, ACBS, Geneva Portfolio, Broadridge, AMMO, SLS, STAR, Bond Master, CTAS, SLAM, DML, BONY, Bloomberg, SWIFT, Euroclear, Recon Plus, Global One, Video, Atlas, MICS, FED, ADP, EBAR, Beta, SQL, D Base, Reuters, Gloss Reporter, Workbench, Lotus 123 / notes, Ami-Pro, Fox-Pro, MS Word, MS-DOS, MS Outlook, MS Access, MS Excel. MS Power point