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Ops/error Control Specialist Resume

New, JerseY

SUMMARY

  • Course topics includes Quantitative Methods in Finance, Financial Risk Management and Asset Pricing, Financial Computing using C++, Corporate Finance, Economics, BASEL 3 and Banking Assets Management, Derivative Algorithms, Derivative Strategies, Dynamic Assets and Options pricing, Big Data. Stochastic Calculus and Options pricing, Financial Accounting, Interest rate Derivatives, and Capstone project
  • Priced exotic options such as Barrier options, Binary options, Geometric Asian options using C++. Formulated trading strategies using daily returns of S & P 500 to calculate abnormal returns and thus classifying the entire index into beat, meet and miss categories using threshold of five percent. The examples are listed at the Linked page.
  • Basel 3 project included using FINCAD in calculating market risk portfolio analysis of securities using formulas, CCAR stress testing using dynamic scenarios, calculating regulatory capital, market risk report and essay for or against VAR.
  • Interest rate derivatives final project included computing bond price durations, convexity using both discrete/compound of zero, coupon. Calculated the fair level of fixed rate side of an interest rate swap. Applied Vascicek model to show approximate value of a one month LIBOR, Showed Fokker Planck equation to show the drift structure. Used Mathematica to value a zero coupon bond. Hull - white model application to solve the BPE

TECHNICAL SKILLS

  • C++(expert)
  • Matlab (Expert)
  • R (intermediate)
  • VBA
  • PHP(intermediate)
  • Python
  • Statistical modelling
  • Risk models- such as GARCH
  • ARCH
  • ARIMA
  • Diffusion
  • Single and Multifactor models

PROFESSIONAL EXPERIENCE

Ops/Error Control Specialist

Confidential, New Jersey

Responsibilities:

  • Ensured all error accounts are balanced by T+1 by offsetting liquidating transactions
  • Researched corporate actions and dividend related error items
  • Calculated and processed journal entries to adjust client accounts
  • Allocated trading losses to the related offices in the month-end processing cycle
  • Processed appropriate entries to specific types of error accounts (e.g. relinquished accounts)

SROP/CROP First Midwest Securities

Confidential, Illinois

Responsibilities:

  • Conducted and supervised all options transactions in the brokerage firm compliant to NASD, SEC, and other regulatory agencies' rules and regulations
  • Approved all relevant trades on the blotter and ledger
  • Conducted meetings and training classes, reviews and approval of outside business activities and brokerage accounts and other various compliance responsibilities
  • Managed and supervised 80 employees
  • Checked and approved employee activities remotely as an OSJ manager when it concerned BSA/AML related activities
  • Approved and developed the option transaction workflow structure which the company would follow in governance

Registered Options TEMPPrincipal

Confidential, New York

Responsibilities:

  • Supervised all options transactions in the brokerage firm compliant to NASD, SEC, and other regulatory agencies' rules and regulations
  • Reviewed and approved daily trading activity
  • Approved trades on the blotter and ledger
  • Conducted meetings and training classes, reviews and approval of outside business activities and brokerage accounts and other various compliance responsibilities
  • Managed a team of 10 employees (brokers and broker trainees)
  • Checked and approved employee activities remotely as an OSJ manager when it concerned BSA/AML related activities
  • Approved and developed the option transaction workflow structure which the company would follow in governance

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