SUMMARY:

• Proficient and experienced in all areas of treasury and corporate risk management including, cash management, portfolio management, asset backed and mortgage backed securities, interest rate and foreign exchange derivatives, funding and liquidity management, and traditional insurable risk.

PROFESSIONAL EXPERIENCE:

Confidential, San Jose, CA

Risk Manager

Responsibilities:

• Responsible for risk management program, including budgeting the cost of risk, claims management, and managing relationships with brokers, insurance companies and third party claims administrators; advocating and expanding relationships between senior management, brokers, and insurance companies. Insurance premiums in excess of $12 million.
• Manage a $20 million asset captive insurance company with $7 million in annual premiums. Managed claims process for property and cargo programs and quarterly reviews of assurance programs. Review and approve monthly financials.
• Manage renewal process for both captive and traditional property/casualty programs including publishing BI whitepaper as well as negotiating enhancements, endorsements and exclusions. Included all specialty programs (FI covers) and participation in 3 year integrated program.
• Partnered with internal and external partners in risk control and mitigation activities and strategies as well as streamlining processes to increase efficiencies. Negotiated and administered Owner Controlled Insurance program for major construction project, saving company $3.5M guaranteed.

Confidential, Irvine, CA

Senior Manager

Responsibilities:

• Responsible for entire risk management program, including budgeting the cost of risk, claims management, and managing relationships with brokers, insurance companies and third party claims administrators; and advocating and expanding relationships between senior management, brokers, and insurance companies.
• Manage all aspects of a global treasury department including domestic and international bank account maintenance, cash flow forecasting, foreign exchange hedging (FAS133), investment management, secured and unsecured lending facilities and treasury strategy.
• Consolidated domestic and international banks under single banking providers gaining pricing advantages, simplicity and scale. Consolidated investment managers from 5 to 2 while negotiating preferential pricing, saving company 3.5 basis points annually on investment management fees. Restructured investments to exclude Auction Rate preferreds and out of less liquid money funds.
• Represented treasury in its international operations including bank account set up, international supplier negotiations for credit and insurance, and contract review and negotiations.

Confidential, McLean, VA

Cash Management and Corporate Research Analyst

Responsibilities:

• Created, researched and maintained industry and competitor metrics for Strategy, Corporate Development and Investor Relations groups.
• Researched industries, trends and metrics used by board of directors, executive committee, strategy and corporate development to make decisions on mergers and acquisitions, as well as strategies to grow and maintain existing business lines.
• Managed periodic reporting including month end valuation and variance analysis of derivatives (FAS133), investment portfolio (FAS115) and foreign exchange exposure. Ensured compliance within credit and securities trading investment standards.
• Part of cross - functional team that developed and brought to market $4 billion extendable asset backed commercial paper program (ABCP). Current issuance of $1.5 billion.
• Researched new products such as anticipatory hedges and new investment products. Managed project to research and institute a third party system to value interest rate and FX derivatives. Evaluated and recommended new treasury and cash management system to replace legacy program
• Managed project to change the process of settling securities trades that increased scalability, tightened controls, reduced 3 FTE personnel needed to settle trades and saved on average $3 million a year, while bringing in an additional $2.5 million through implementation of a securities lending program.

Confidential, CA

Treasury Quantitative Specialist

Responsibilities:

• Responsible for making investment decisions and executing fixed income trades for County investment portfolio (general fund). Streamlined trading process increasing yield to County.
• Researched and made recommendations on new asset classes within constraints of California Government Code.
• Analyzed and managed cash flows to insure liquidity within portfolio.
• Researched and made recommendations for Employee Deferred Compensation program. Negotiated and wrote contract for consolidation of existing services at a savings of 30-50 basis points while expanded benefits for participants. Participated in Health Plan Advisory Committee.
• Researched and recommended new custody services for County reducing cost by 60 percent. Headed request for proposal (RFP) for new banking services. Reduced banking costs by 12-15 percent. Reviewed bond issues for accuracy and made recommendations to ensure lowest cost of funding.

Confidential, Chicago, IL

Mortgage Desk- Senior Fixed Income Specialist

Responsibilities:

• Increased production by over $800,000, by leveraging client relationship and firms research and execution abilities.
• Maintained client relationships through fast and reliable trade execution, dissemination of market and product research and market “color”.
• Traded money market securities, corporate bonds, repurchases and reverse repurchase transactions for mortgage clients, which included considerable short term financing and investments.
• Provided sales coverage on the execution of pass-thrus, CMO’s, asset backed securities, government and government agency securities, swaps, caps and floors as well as other structured products.