Representative
JPMorgan Chase
Total years of experience :7 years, 10 Months
• Managed all margin controls duties； monitored, resolved and reported all margin calls for futures & options, credit default swaps and interest rate swaps; monitored, resolved and reported cash fails & Nostros. Reduced margin call ageing by 65% through analyzing margin call variables, and effective communication with senior management, middle office representatives and client service representatives.
• Reduced margin call resolution and reporting time by 60%; trained and educated F&O team members on margin call resolution, root cause analyses, derivatives and economic drivers; trained OTC team members on margin call resolution and root cause analyses.
• Ensured compliance with CFTC & FCA (Financial Conduct Authority) regulations, client money segregation and Client Assets sourcebook (CASS) rules; trained team members on all rules & regional regulations. Ensured a smooth transition for all covered clients affected by Brexit prospects
• Worked as point of contact for an average 16 institutional clients including hedge funds, asset managers and banks; resolved all operational issues; trades, collateral settlements & valuation, margining and margin calls, audit, technology, account set up and maintenance, interest, option premiums, coupons, daily equity settlements, single & multi-currency settlements, custody services, standard settlement instructions, transaction advisory, treasury services and all other client related issues.
• Improved client service through end-to-end process improvements for collateral, equity and cash management & settlement; coordinated with teams in London, Bournemouth, Singapore, New York, Bangalore & Delaware to provide cross training.
• Reduced capital charges on covered clients by 80% within two months whilst reducing cash & collateral fails, and reduced set up time of Standard Settlement Instructions for cash & securities by over 50%
• Provided continued professional and moral support for over 10 team members, especially during times of high pressure and business deadlines; trained and mentored colleagues at all levels, and across borders, and provided above satisfactory client service.
• Worked directly with partners on industry research, preparation of internal and external documentation, deal sourcing and valuation.
• Prepared financial plans and forecasts on potential acquisition targets (Primarily healthcare and storage real estate), and prepared valuations under alternative scenarios.
• Worked on 3 healthcare real estate projects, and 2 self-storage projects.
• Planned, initiated and executed internal audit programs for various departments.
• Supervised internal auditors in conducting audits plans.
• Designed internal controls to reduce costs and mitigate legal, operational and business risks, especially for the departments of export products, accounting and finance, inventory control and HSE (Health, Safety and Environmental) compliance.
• Founded Saleh Electro Mechanical Contractors Establishment (SEMCO Est.) in 2009 with a specialization in contracting for electromechanical and fire systems works.
• Managed finance department; budgeting, financial and sales planning & analysis, maintaining and securing credit instruments and structures, payroll and other banking-related tasks.
• Prepared and reviewed forecasts of financial statements while considering long term business objectives and key financial and operating ratios.
• Conducted variance analyses on a quarterly basis and subsequent performance-improving initiatives.
• Managed all regulatory duties, including employee visas and labor department responsibilities.
• Managed all other support services, including client contracts; monitoring and execution.
• Designed and monitored internal processes and controls, and brought SEMCO to profitability in less than 18 months.
• Monitored and maintained all insurance coverage for property, plant and equipment, and employees’ medical insurance and workers’ compensation.
• Ensured timely and adequate additions/removals from insurance policies
• Processed all insurance claims between the insured and insurer, and at times with the involvement of regulatory authorities.
• Processed all purchase requests from construction sites and offices.
• Prepared and maintained vendor lists
• Conducted price analyses for comparisons and vendor determination
• Monitored the purchasing process from purchase request to purchase order, through delivery and payment.
• Designed a work process for the department to follow in order to improve process efficiency.
Degree: Master of Science in Finance (MSF) Concentration: Asset Management Academic Involvements/Achievements: - Beta Gamma Sigma, Member - Private Equity, Course work - Hedge Funds: Course work - Investment Banking: Course work - Portfolio Management: Course work - Structured Finance & Credit Management: Course work - Financial Modeling in VBA & R: Course work - Derivatives: Course work - Bloomberg: general exposure
Degree: MBA Concentration: Economics Graduation Project: Independent Study Course in Economics: Saudi Arabia, Oil Prices, and the Nation's Economic Future
Rich educational experience; gained experience in the investments field by participating the the CFA Institute Global Research Challenge. Gained experience in futures trading for commodities, currencies, Interest rates and precious metals by participating in the CME Trading Challenge; used the CQG Integrated client platform to conduct trades for the CME Trading Challenge. Gained experience in financial trading by taking a financial trading course, which utilized the FactSet software. Overall, my educational experience was a diverse, rich, and tremendously beneficial one that will serve as a productive asset wherever I am.