Experience

EquiLend

• United States
• Financial Services
• 100 - 200 Employee

• Global Head of Products

  • Jan 2019 - Present

• Client Relationship Engagement Model

  • Aug 2018 - Feb 2019



eSecLending

• Global Head of Trading and Short Term Investment Management

  • Nov 2015 - Nov 2017

  Managed twelve investment management and capital markets trading professionals globally in Boston and London. Designed and implemented trading strategies across approximately forty trading markets. Drove execution to create enhanced risk adjusted performance for numerous institutional clients including public funds, pension funds, registered investment funds and insurance assets. Coordinated asset/liability cash flows and liquidity risk with the short term investment management team and… Show more Managed twelve investment management and capital markets trading professionals globally in Boston and London. Designed and implemented trading strategies across approximately forty trading markets. Drove execution to create enhanced risk adjusted performance for numerous institutional clients including public funds, pension funds, registered investment funds and insurance assets. Coordinated asset/liability cash flows and liquidity risk with the short term investment management team and managed the group to ensure risk suitability, investment guideline appropriateness, and optimal execution. Recommended asset allocation parameters to clients based on investment process due diligence. Reported quarterly to the Risk and Investment Committee of the BOD. Frequently, presented to clients and prospects; earnings performance reviews, market updates, product offerings, and industry updates. Moderated and spoke on industry panels, regulatory panels, and client working groups. Worked extensively with portfolio asset managers and investment banking counterparts to implement optimal trade structures and elections for investment portfolios. Performed extensive due diligence processes on investment management product proposals and investment bank counterparts.

• Chief Operating Officer

  • Apr 2011 - Nov 2015

  Managed approximately ninety staff to strategize, plan, execute, and maintain capital markets trading and collateral management processes throughout the firm. Areas of responsibility included Settlements, Middle Office, Corporate Actions, Financial Reporting, Portfolio Accounting, Information Technology, Recalls/Buy-ins, Securities Lending Trade execution, Repo execution and Portfolio Management execution. Developed a core standardized third party lending operating model with thirteen… Show more Managed approximately ninety staff to strategize, plan, execute, and maintain capital markets trading and collateral management processes throughout the firm. Areas of responsibility included Settlements, Middle Office, Corporate Actions, Financial Reporting, Portfolio Accounting, Information Technology, Recalls/Buy-ins, Securities Lending Trade execution, Repo execution and Portfolio Management execution. Developed a core standardized third party lending operating model with thirteen custody banks and in excess of fifty investment banks and broker/dealers. Automated portfolio availability flow for both exclusive and discretionary trading products. Built out new discretionary trading desks including a desk to support Asia and Australia. Fostered extensive client relationships with public funds, pension plans, registered funds, and insurance assets.



Premier Global Securities Lending

• Greater Boston Area

• Senior Managing Director

  • Jul 2010 - Mar 2011

  Founding partner of a start-up Third Party Agent Securities Lending Company. Participated in developing the vision and opportunity to launch an independent securities lending company. Worked closely with private equity firms, venture capital firms. and investment banks to capitalize the new company. Established strategic partnerships with industry leading technology firms to create an efficient straight through processing model. Worked with institutional investors and consultants to… Show more Founding partner of a start-up Third Party Agent Securities Lending Company. Participated in developing the vision and opportunity to launch an independent securities lending company. Worked closely with private equity firms, venture capital firms. and investment banks to capitalize the new company. Established strategic partnerships with industry leading technology firms to create an efficient straight through processing model. Worked with institutional investors and consultants to refine an interactive client service model. Show less Founding partner of a start-up Third Party Agent Securities Lending Company. Participated in developing the vision and opportunity to launch an independent securities lending company. Worked closely with private equity firms, venture capital firms. and investment banks to capitalize the new company. Established strategic partnerships with industry leading technology firms to create an efficient straight through processing model. Worked with institutional investors and consultants to… Show more Founding partner of a start-up Third Party Agent Securities Lending Company. Participated in developing the vision and opportunity to launch an independent securities lending company. Worked closely with private equity firms, venture capital firms. and investment banks to capitalize the new company. Established strategic partnerships with industry leading technology firms to create an efficient straight through processing model. Worked with institutional investors and consultants to refine an interactive client service model. Show less



State Street

• United States
• Financial Services
• 700 & Above Employee

• Senior Managing Director

  • Aug 1996 - Jun 2010

  Responsible for 85 professionals consisting of agency and principal securities lending traders, hedge funds sales/client service staff, and risk management. Produced Securities Finance revenue in excess of $2.5 billion from 2007 to 2010, while maintaining margins in excess of 60%. Maintained optimal risk adjusted returns while ensuring revenue goals, maintaining client and bank; market and credit risk appetite in a very volatile risk environment.Participated in development of a series of risk… Show more Responsible for 85 professionals consisting of agency and principal securities lending traders, hedge funds sales/client service staff, and risk management. Produced Securities Finance revenue in excess of $2.5 billion from 2007 to 2010, while maintaining margins in excess of 60%. Maintained optimal risk adjusted returns while ensuring revenue goals, maintaining client and bank; market and credit risk appetite in a very volatile risk environment.Participated in development of a series of risk and performance analytical tools including: LMS (a real time cash liquidity system), SLPA (Securities Lending Performance Analyzer, a client risk management performance and analytics tool), Securities Finance Daily VAR (a daily variance/covariance calculation using the lending portfolio as the liabilities and the cash and non cash reinvestment portfolio as the asset portfolio), daily, weekly, monthly Risk Management Reporting Packages (gap analysis, NAV volatility, duration and WAM analysis, stress testing/shock reporting). Developed, managed, and participated in building the bank prime finance model. Executed a net profitable business within a two year business cycle. Worked with NerveWire Consulting to strategically plan a securities lending industry; operational utility, trading exchange, and benchmark data provider in 1999. (EquiLend) Participated in numerous business development and client service efforts globally. Spoke at global conferences on risk management, trading products, industry performance, the hedge fund industry, capital markets and regulatory affairs. Worked closely with others to develop new products for Trading and Risk Management. Including, new countries to lend, new trading structures and risk processes which met the regulatory and contractual framework. Show less Responsible for 85 professionals consisting of agency and principal securities lending traders, hedge funds sales/client service staff, and risk management. Produced Securities Finance revenue in excess of $2.5 billion from 2007 to 2010, while maintaining margins in excess of 60%. Maintained optimal risk adjusted returns while ensuring revenue goals, maintaining client and bank; market and credit risk appetite in a very volatile risk environment.Participated in development of a series of risk… Show more Responsible for 85 professionals consisting of agency and principal securities lending traders, hedge funds sales/client service staff, and risk management. Produced Securities Finance revenue in excess of $2.5 billion from 2007 to 2010, while maintaining margins in excess of 60%. Maintained optimal risk adjusted returns while ensuring revenue goals, maintaining client and bank; market and credit risk appetite in a very volatile risk environment.Participated in development of a series of risk and performance analytical tools including: LMS (a real time cash liquidity system), SLPA (Securities Lending Performance Analyzer, a client risk management performance and analytics tool), Securities Finance Daily VAR (a daily variance/covariance calculation using the lending portfolio as the liabilities and the cash and non cash reinvestment portfolio as the asset portfolio), daily, weekly, monthly Risk Management Reporting Packages (gap analysis, NAV volatility, duration and WAM analysis, stress testing/shock reporting). Developed, managed, and participated in building the bank prime finance model. Executed a net profitable business within a two year business cycle. Worked with NerveWire Consulting to strategically plan a securities lending industry; operational utility, trading exchange, and benchmark data provider in 1999. (EquiLend) Participated in numerous business development and client service efforts globally. Spoke at global conferences on risk management, trading products, industry performance, the hedge fund industry, capital markets and regulatory affairs. Worked closely with others to develop new products for Trading and Risk Management. Including, new countries to lend, new trading structures and risk processes which met the regulatory and contractual framework. Show less



The Boston Co/Mellon Trust

• Greater Boston Area

• Vice President

  • Jun 1992 - Aug 1996

  Developed, implemented, and managed the Mellon Trust enterprise wide client investment guideline suitability curriculum for the Mellon Trust asset management firms. Periodically, presented the Asset Management Risk Reporting Package and updates to the Office of the Chairman and the Managing Partner of KPMG for Mellon Bank. Developed, implemented, and managed the Mellon Trust enterprise wide client investment guideline suitability curriculum for the Mellon Trust asset management firms. Periodically, presented the Asset Management Risk Reporting Package and updates to the Office of the Chairman and the Managing Partner of KPMG for Mellon Bank.