Daniel K. Bailey Email & Phone Number

Tampa/St. Petersburg, Florida Area

 Managed a team of 21 employees responsible for the writing all Corporate Action notices for the US and Canadian markets and some LATAM market events. This includes Mandatory, Voluntary, Income & Proxy events. Designed & Developed a CA system for interpreting the new ISO 20022 messaging from DTCC and creating reporting to display all new and updated CA events with positions.  Improved employee satisfaction scores for the Events creation team- 2011 and 2012. Developed training classes for Bankruptcies, Dissenters rights and SWIFT ISO15022 messaging. Created 1.5 FTE saves over past 5 years. Developed 4+ control reports for managing risk.  Highly proficient in the following CA event types: Tenders, Exchanges, Dutch Auctions, Rights subscriptions, Warrants, Consents, Optional Dividends, Bankruptcies, reorganizations, Mergers, P&I, Calls, Maturities, DRIPS, Paydowns, Defeasances, Spin-offs, Splits, Mergers, conversions, Puts and Calls.  Submitted industry change recommendations and documentation for new Global SWIFT tags and changes to industry standards through ISITC and Canadian NMPG. Responsible for the coordination of security sales of over $130 Million in stocks for a valued client account.  Developed and taught classes on Bankruptcies, Dissenters rights, SWIFT and X-date/due bill.

Strategic Consulting including: System testing, data review, Account conversion & Product analysis.Trade Data Analyst for Middle Office organization, serving Investment management firms who outsource their back office operations. Provided support to the Investment operations unit while parallel testing the conversion operation to the State Street accounting platform (Enterprise Tech).Responsibilities include trade affirmation/confirmation, trade corrections, reversals, and fail monitoring.Analyzed reconciliation system’s (STAARS) compatibility to new accounting platform and updated requirements for parallel testing.Developed and Reviewed test data in RKS system, detecting processing deviations and defining programming solutions.Directed & performed daily transactional cash & position reconciliations.Fully QA tested system for transactional accuracy, accounting methodology & taxation, including Corporate Actions, Equity & Option processing and reporting.

Tested the new accounting (TPG) system and recommended changes to system & processes.Reconcile all P&I payable on the bank’s portfolios of 1500+ MBS securities.Reduced time to perform monthly depository position reconciliations by 2 days.Wrote macros for converting FRB & DTC payment & position files into usable Excel files.Developed processes for deconversion of our BONY depository positions into DTC & FRB.Wrote SOX internal controls for Security Ops TPG processing.

Managed personnel engaged in trading, processing and reconciliation of securities, cash, and quasi-securities. Hired, motivated, developed and cross trained staff; conducted performance reviews; made salary and promotion recommendations; provided employee counseling. Specific areas of responsibility included: All FRB Securities trade processing (GNMA’s, FNMA’s, Bonds, Notes, Treasuries, Repo & Reverse Repo’s), Tri-parties, Pair-offs, Futures, Ad Hocs, Options, Cancels/Reversals & Wiring funds for trade settlementParticipated in business plan development, establishing area goals and objectives. Coordinated projects from the design phase through execution and implementation. Streamlined Treasury Auction reporting and tracking process, improving accuracy and saving 1 hour daily processing time ($5,000/yr).Designed/Developed automation of Future/Marks processing saving 8/hrs ($40,000/yr) of daily processing. Improved training process with new department training guidelines and wrote all desk procedures. Originated and developed many other control reports & processing functionality, increasing accuracy, reducing monetary exposure, and improving processing efficiency. Team Achieved greater than 99.97% transactional processing accuracy rate.Provided training classes in department Function as well as client training on Clearing industry.Authored PNC Trust Operations division Motto.Department Security contact.

Corp. Actions, ACI & Mutual Funds Supervisor/Trust Operations Officer - 1997-2001Managed personnel engaged in processing of all mandatory and voluntary Corporate Actions, Class actions, Maturities, Cash sweep and proprietary Proprietary Mutual Funds. (6 employees)Hired, motivated and developed staff. Conducted performance reviews, recommended salary adjustments and bonuses, provided counseling and cross training to staff. Participated in business plan development, establishing area goals and objectives. Automated full call maps processing to offset house accounts improving processing efficiency by 20%. ($10K savings)Developed Audit report for Spin-offs and Stock splits saving 10 hours ($2500)of reconciliation time per month.Automated contra CUSIP payments to correct offset accounts saving an average of 30 minutes ($2500/year) daily processing time.Developed Maturities comparison report saving 2 hours ($10,000/yr) of daily processing time and improving daily cash position monitoring.Automated/streamlined Cash sweep processing for trading and processing of monthly dividend ($10K/yr). Added a control for preventing over-liquidation of a Mutual Fund account’s position by limiting dollar sale trades to 95 % of the value of the account’s position.Streamlined and consolidated 3 FTE Mutual processing positions into 1.5 FTEs ($60,000 savings).Developed other new controls and processes, which reduced personnel processing time, provided for uniform processing methods, reduced errors and monetary exposure to the Bank.

Analyzed information on Mandatory and Voluntary offerings in the Capital Markets.Disseminated offering information to customers and Bank Investment managers. Tracked and processed Domestic & Global Security Reorganizations.Processed Class Action claims on behalf of customersTrained Dept. in Foreign Tax law relating to Capital Change offers and Dividend processingIntroduced important new information vendor to UnitWrote the Corporate Actions portion of the Administrator Training manual.Trained Investment Officers in the use of the CAPS processing systemGlobal 3000 project committee member for planning and execution of the migration to the newest SEI Trust system.Canon Financial Institute security Industry training.Department representative for all customer account conversions and de-conversions.

Bachelor Of Arts (Ba), Economics

Activities and Societies: Delta Phi Fraternity, RugbyEconomics degree w/Mathematics Minor and 2 classes shy of a General Physics degree.

Accounting, Computer Science

Continuing Education

Engineering

Hs

Education record

Activities and Societies: Rugby, Hockey, Basketbal

Education record