Brian Timmes Email and Phone Number

• Manages a small team of independent resources in a fast paced, deadline driven, risk oriented environment. • Responsible for soliciting and receiving responses from portfolio managers to ensure all voluntary corporate actions are responded to on time and accurately.• Process all fixed income and equity corporate actions in accounting and trading systems, notify portfolio managers and accounting teams of pending payments.• Daily reporting to the portfolio managers and accountants on outstanding voluntary corporate actions. • Team lead in corporate actions related projects, specifically CAPS (Corporate Actions Processing System), including gathering requirements, analysis, coordinating with development teams to ensure delivery and management of upgrades to the system.• Daily review of mandatory corporate actions in coordination with our nightly feed from Reuters to insure accurate and timely processing for all stock splits, cash and stock dividends. • Represents the corporate actions team in the hiring process of employees for the Investment Operations area. This includes the review of resumes, conducting interviews and final decision on the ideal candidate.

• Responsible for the daily funding of Private Placement transactions.• Researched Private Placement cash reconciliation items with Cash Settlement area and Custodian Banks. • Analyzed, researched, and corrected items on the daily Maximis Batch Error report.• Coordinated the daily settlement of all short term and Tri-Party Repo trades. • Produced monthly Operations (Private Placement, Corporate Actions, and Trade Settlements) statistics report for management review.• Assumed lead responsibilities for the analysis and processing of corporate actions including stock splits, mergers, partial/full redemptions, bankruptcies, tenders, consents, and exchange offers in absence of Senior Corporate Actions Analyst.• Participated in the Corporate Actions Manager project to eliminate the dual processing ofspecific actions.• Calculated the daily futures margin cash collateral requirements to be transmitted to clearing brokers

• Responsible for the daily processing of Corporate Actions.• Maintain $2.5 billion of securities on deposit for statutory requirements.• Responsible for the substitution/exchange of assets held on deposits in individual states.• Coordinate/prepare annual Schedule E and General Interrogatories filings relating to statutory deposits.• Prepare annual Retention of Assets filing required by the State of Connecticut.• Produce monthly, quarterly, and annual statutory deposit reports for management review.• Execute trade processing of all asset types for Citigroup Global Investments.• Process security lending including new, close, and partial loans with custodian banks and brokers.

• Monitored accounts receivable reconciliation as it compared to the system and general ledger.• Tracked expenses that directly impacted divisional profit and loss ledger.• Compared production credits to the revenue generated by individual carriers.• Created monthly analysis report that detailed the impact of loss contingency during the prior month.• Responsible for the weekly reporting and analysis of premiums for life and annuity products.

• Responsible for ensuring that adequate cash balance existed for all Merrill Lynch bank accounts.• Determined daily cash flows for effective investment of all free assets.• Coordinated and managed the daily process of the accounts receivable area.• Prepared monthly account reconciliation reports and daily accounting entries.• Managed project to transfer cashier functions from Operations to Finance due to audit conclusions.• Researched and resolved detailed client account inquires concerning variable/whole life insurance products.

• Advised branch offices of NYSE/SEC rules governing margin brokerage accounts.• Calculated accounts while adhering to guidelines set for Maintenance T Calls or Regulation T Calls.• Analyzed and resolved accounts with Minimum Equity Calls.• Authorized daily transfer inquiries to move funds and/or securities.