Dave Gaddy Email & Phone Number

United States

Chicago, Illinois, United States

Member of firm’s Board of Managers, responsible for all major firm operational, strategic and growth. Managed and optimized global trading operations, including: margin / haircut usage of all firm trading strategies, capital efficiencies and risk-offsets. Designed and developed key performance indicators to monitor performance of business units.Interviewed and performed due-diligence on prospective new traders/PMs, trading teams and trading strategies.Structured trading deals, proposed and negotiated terms and conditions of multiple trading deals every year.Co-reviewed, authorized and/or approved all front-office (trading) expenses.Head of On-boarding committee for all new-to-firm trading groups.Managed, liaised and prioritized with CTO all trading-related IT projects, initiatives and expenditures.Member of the in-house Private Equity Investment team; performed interviews, due-diligence and created proprietary valuation cash flow models.Actively managed a portfolio holding fundamental and macro-based long/short equities, listed-options structures and futures for the firm.Managed firm’s global FX exposure and directed daily to weekly re-hedging of all exposure levels.Forecasted the firm’s working capital base and return potential under various market scenarios.Reviewed daily aggregate trading activity, expenses and cash activity for anomalies; often finding errors in account set-up or erroneous charges.Monitored clearing firm equity balance versus various covenants resulting in recommendations of cash transfers to minimize financing costs.Designed and developed queries for custom reporting out of Microsoft Dynamics GPPeriodically reviewed and improved administrative policy documentation.Reported to and responded to all ad-hoc projects and tasks assigned by CEO.

Performed due-diligence on prospective new traders and trading strategies spanning equities, fixed-income, options, futures, commodities (energy, agricultural, and metals).Monitored and statistically analyzed global trading, capital usage and profitability data; suggested and helped CEO and COO allocate capital to traders and PMs.Calculated and analyzed historical risk-adjusted returns on allocated capital for all trading strategies.Designed, developed and maintained proprietary P&L analysis and attribution models.Reviewed and audited daily accounting reports for accuracy and reasonableness.In-house regulatory capital (§ 240.15c3-1 Net capital) and global derivatives exchange margin and cross-margin expert (ICE & PC SPAN). Managed and audited global brokerage, clearing, exchange and regulatory fees and commissions.Managed and maintained fair and equitable costs and rebate allocations to traders/PMs and stakeholders.Acted as liaison between traders/PMs and middle and back-office functions.

I developed all of firm’s general ledger interfaces to 10+ unique prime-broker data sources utilizing Visual Basic, DTS packages and MS SQL Server which gave me an in-depth understanding of the general ledger rules and key data. For daily regulatory haircut charge calculations, I integrated Ronin's prime-broker data mart with third-party software (Dash RBH and PC SPAN) and imported the results back into the database for further tracking and analysis. Additionally, I automated accounting and finance reconciliations including interest, short-stock rebates, commissions, brokerage, trades and positions. Designed, built and administered all MS SQL databases for entire accounting and finance department. Hired, supervised and mentored eventual replacement. Development migrated from Visual Basic to C# overtime.

I designed and developed reconciliation and financial reporting tools across the wholesale bank utilizing MS SQL Server, MS Access and Visual Basic including an OTC derivative amortization/accretion engine.Other responsibilities entailed maintaining and enhancing an internal website utilizing HTML, Javascript, CSS, and DCOM components. Additionally, I built a Visual Basic application incorporating non-linear programming for optimizing constituent loans in CLOs. While at ABN, I mentored three junior developers and reviewed their work product for quality and coding standards.

I was the technical lead, supervising two junior developers, on a global lines-of-business reporting application. This was developed primarily with MS SQL Server with a MS Access front end. Additionally, I maintained and enhanced a comprehensive reporting tool that distributed quantitative and qualitative results for executive review using MS Access. Prior to those projects, I performed general ledger and account reconciliations for client accounting.

Mba, Finance & Accounting

Ba, Finance