Daniel Mcnulty Email & Phone Number

Jersey City, New Jersey, United States

Asset Servicing - Trade Clearance/Settlements, Corporate Actions, Dividends, Transfers, & Global Distributions/NotificationsManage the daily operational processes of Trade Clearance/Settlements, Corporate Actions, Dividends, Transfers, and Global Distributions/Notifications for all mutual funds, hedge funds, private equities and BDC's (business development companies), which include processing money and share movements for all transaction types. Provide serviceability review for all assets types regarding account opening, order instruction, and asset servicing. Act as point of escalation for external departments, namely the Reconciliation, Corporate Actions, and Central Pricing teams.Give presentations regarding operational flow for hedge funds and private equities to clients interested in this investment vehicle. Organized internal and external departments to implement automation processes as permitted by the NSCC and SWIFT networks, which allowed for cost reduction, enhanced controls, and risk mitigation. As Risk Coordinator, organized all departments within Mutual Fund Services to review all internal procedures and processes to identify and disclose all potential risks and the controls in place to mitigate them. Established an internal and external network for quickly responding with deliverables and timelines. Partners for testing and knowledge sharing are identified and easily mobilized.Participated in planning, testing, and implementation of the conversion to Euroclear/FundSettle to maximize efficiencies and increase STP levels via the use of SWIFT for offshore funds.Coordinated enhanced usage of NSCC and SWIFT for greater automation and increase the Firm's straight through processing rates. This lowers costs that are passed on to prospective clients via the reduced pricing model.

Reconciliation & AnalysisManaged the daily functions of the Reconciliation & Analysis Department responsible for fulfilling the Firm's commitment to reconcile all client positions held in Custody which include domestic, foreign, and hedge funds as well as various alternative investments.Studied internal controls and processes to reduce cost, risk, and increase efficiencies. Developed multiple reconciliation systems which automated processes and improved reporting for escalation and high exposure items.

Manage the daily operational function of the Control/Commissions Department comprised of the Accounting and Control Department, Share Reconciliation, and Commissions for proprietary and non-proprietary mutual funds.Provided quarterly attestation of financial records in accordance with the Sarbanes-Oxley Act.DANIEL MCNULTY Page Two______________________________________________________________________________Managed the $50 million Settlement Distribution project for 2 million clients, as mandated and overseen by the SEC. 95% of former and current clients successfully received settlement distribution without complaint. Implemented a new trade adjustment system for Firm initiated transactions as offered by the NSCC. The system automated a once manual process by eliminating fax instructions, which lead to a reduction in cost and increased efficiency.Developed, and presented multiple presentations for training new hires, informing branch management, and further educating branch mutual fund coordinators.Reduced staff turnover by improving morale and team performance through the introduction of flexible work hours and immediate internal rewards and recognition for excellent performance. As a result, morale increased as did the team's overall production.Participated in the audit of ROA breakpoint project for over 400,000 clients to verify that the client received the best available price, as mandated by the NASD.Successfully tested and implemented file expansion due to increase in broker/dealer account numbers from 9 characters to 12.Appointed as a member of the Business and Legal Review Panel established for responding to Plan Administrator and SEC inquiries regarding the Settlement Distribution, and to potential client litigations.

Manage the daily functions of Internal Mutual Funds Operations that is comprised of the Trade Adjustments Department, Accounting and Control Department, and Branch Services which includes a call center for all internal and external clients.

Non-Proprietary Mutual Fund OperationsManage the daily operations of 26 employees who act as liaison between the PaineWebber branch network and Mutual Fund companies. Processes include trade adjustments, transfers, margin, money movements, dividends, trading, cash reconciliation, and commissions. Manager, Non-Proprietary Mutual Fund Department-Assisted in post merger integration of PaineWebber and Kidder Peabody systems and processes.-Assisted in the pre and post merger integration of PaineWebber and J.C. Bradford systems and processes.-Assisted in the pre and post merger integration of UBS and PaineWeebers systems and processes. Managed the Y2K project for Mutual Fund Operations to ensure file compliance and business continuity at the beginning of the new century.Planned and managed daily staff meetings, held simultaneously in various states around the country. The meetings ensured deadlines were met, controls were in place, and superior client service was provided.Series 7 acquired

-Responsible for the distribution of dividends and interest.-Assist and train all employees in mutual fund dividend activity. Liaison between Smith Barney branch network and Mutual Fund companies. -Assist in post merger integration of Smith Barney and Shearson systems and mutual fund processes.

Aided in the implementation of a new internal system utilized by the Mutual Fund Operations Department. Liaison between branch operation managers and Prudential Mutual Fund Services regarding account discrepancies.

Ba, Economics

Activities and Societies: Omicron Delta Epsilon, Economics Club

Bachelor Of Arts, Economics

Mba

Enterprise Risk Management, Managerial Economics