Christopher Magro Email & Phone Number

Princeton, Nj

Hightstown, Nj

Provide oversight of thirteen independently owned depositories that operate consignment inventory with average assets of $18.3 million. • Perform accurate reporting of all revenue and inventory transactions as well as ensure the protection of assets held at each location and to develop relationships as the main contact with depository staff to address any queries and issues.• Recognized by senior management with Business Service Center Super Star award for accurate & timely reporting of quarterly Balance Sheet Review of depository business.• Traveled to Depositories for on-site audit of revenue, sales reporting and physical inventory supplies. Review documentation of processes and control environments and assist in preparation of On-Site report for management review.• Responsible for weekly sales reconciliations and monthly inventory reconciliations between Oracle and depository submitted data in feeds. Investigate any discrepancies on each of the reconciliations and work to identify solutions for any recurring problems. • Increased revenue recognition by $72K through inventory analysis and research. • Analyze trends for depository inventory levels and variances between shipments returned to McGraw-Hill versus amounts authorized by the Business Unit.• Support new Business Process Management initiatives that enhance the return process between McGraw-Hill customer service and the Depositories.• Completed reporting requirements in compliance with Sarbanes Oxley documentation.

* Supported all general ledger activity for Prudential Fixed Income Management's Securities Lending business:* Reconciled all activity such as collateral, rebate, etc. between the Oracle general ledger and the DML sub ledger systems.* Ensured equality between the assets and liabilities for the business as the collateral and rebate due to the brokers, and the income due to the fund always needed to be in line with the positions and income earned in the reinvestment vehicle.* Monitored cash settlements at the custodian to ensure accuracy with the sub ledger system.* Determined cash available for investment and confirmed timely receipt of income.* Performed various income and earnings reviews to ensure the allocations were accurate between the portfolios and the investment manager.* Produced quarterly schedules needed to compile the companies Statutory Financial Statements.* Supported various internal and external audits.* Acted as a trainer on a variety of functions when new associates joined the team.* Led staff only meetings and served as the point person to communicate department concerns to management.* Served as the records retention coordinator to ensure all documents were maintained for the appropriate time and easily attainable as requested.* Participated in a number of projects requiring both independent research and analysis as well as performing in team settings.* Supported department initiatives to enhance productivity and efficiency.

* Responsible for opening and maintaining checking, savings and time deposit accounts for clients. * Analyzed the financial needs of the client in accordance to the appropriate products and services offered by the bank. * Provided assistance and advised clients regarding home equity, auto and personal loans. * Processed and closed loan applications according to guidelines. * Responsible for researching and resolving client inquires to ensure client retention and satisfaction. * Actively participated in all branch sales, marketing and promotional activities. * Served as a Notary Public of New Jersey for the Branch.

Responsible for the daily branch office operations of travel and membership services.• Reviewed daily management metrics to ensure all sales, membership and service goals were achieved.• Coordinated yearly Member Appreciation and Travel Rep sales presentations. • Responsible for the end of day balancing of cashiering department including inventory, weekly audits of all financial products and cash deposits. • Assisted office manager in the preparation of the budget for the branch. • Liaison between travel services, auto service group, and cashiering departments.