David J. Van Dorsten Email & Phone Number

New York, United States

New York City Metropolitan Area

Servicing the needs of buy-side firms to derive actionable signals from streaming data.As a program manager, I assume key accountability for driving and optimizing development of innovative new products/services, including long-term capital structure planning, financial risk management, and hedging strategies to achieve business objectives.

• Independent consulting practice fulfilling big-data change management needs of Capital Markets Regulators, Bankers, Brokers, Dealers & Hedge Funds. • End-to-end process evaluation & re-engineering from front office through settlement. • Program and Project Management of compliance and regulatory operational initiatives.Key Clients:◆ HSBC Global Banking & Markets - Transformational Program Manager streamlining business processing, defining logical systems architecture with a standardized client-data-model, to deliver regulatory portfolio milestones while driving strategic architectures.◆ Barclays Capital, New York, NY - Program Manager driving regulatory change initiatives affecting 30,000 counterparty relationships, across 120 trading desks for Global Front Office Risk and Controls, Compliance & Audit. Defining, justifying and delivering both tactical short-term solutions and long-term strategic architectures. Executive updates, FRBNY & FINRA reviews, vendor contracting, documentation & process control spanning initiation through post-implementation. Utilizing SDLC methodologies from water-fall to agile. Extensive hands-on experience decomposing disparate legacy processes into core requirements. ◆ HSBC Private Bank - Program Manager driving a $7M+ conversion of Private Bank custodian involving integration of ten vendors, 60 systems interfaces, and 100+ SMEs spanning five global HSBC business units. (SEI to State Street)◆ HSBC Securities Inc. - Program Manager - Dodd- Frank Act. • Coordinate, lead and drive effort to communicate views on proposed new regulations to the regulatory agencies • Assess the business implications of the rules and drive necessary adjustments in a timely and efficient fashion. • Client On-boarding, KYC (Know Your Client), Entity Reference Data • Sales Process Optimization

• Partnered with senior managers to jointly define and document a program strategy of process re-engineering & improvement for global clearing business. Drove efforts to define discrete and measureable deliverables. Worked across group & product boundaries to gain agreement of program scope, goals and results.• Raised $8.5M of funding via diagnosis of 36 current-state operational processes. Designed projects to improve productivity & customer service. Authored business and technical requirements. • Managed all aspects of projects and programs. Owned all issue resolution between business and IT. • Improved legacy PMO function with PMI-centric approach of innovative metric-based reporting. Documented and drove change management efforts to completion.• Balanced human capital across all projects teams in response to changing business priorities. Recruited and managed both internal and off-shore resources via performance metrics to systematically eliminate underperformers. Mentored and developed top performers for the purpose of succession planning. Cultivated a results oriented culture based on transparency and collaboration.• Delivered state of the art operational capabilities with 3-6 month financial breakeven periods by building a matrix of project teams consisting of operations, system architects, on-shore & off-shore developers.• Provided bi-weekly reporting to Senior Executives for the entire book of work. Managed all budgets, staffing, policies and procedures. Participated in industry round-tables relevant to clearing systems automation.• Unexpected upside benefits included $1M+ in net-new annual revenues resulting from 700% improvement in speed of opening new accounts including AML & KYC.

• Initiated independent consulting practice catering to hedge fund managers.• Prepared clients for mandatory February 2006 SEC registration deadline. • Provided risk analysis and mitigation strategies regarding client appropriate investing of Convertible-bonds & Credit-default swaps • Delivered construction management of new and additional trading space, telecoms, datacoms, UPS, hosting and trading applications stack.• Clients included an alternative asset manager that is one of the longest established managed futures advisors in the world.

Trading Systems Operations & Development • Developed and delivered strategy and vision to open new $1B retail broker/dealer market.• Envisioned & successfully delivered retail broker desktop, trading operations infrastructure & settlement.Initiated global PMO function to deliver new functionality; New York, London, Singapore.• Delivered 40% fewer defects and 100% faster cycle time by re-engineering end to end software delivery.• Obtained CMM Levels 2 & 3 by standardizing lightweight Software Development Life-Cycle artifacts.• Won $1.4M net-new annual revenues by designing & delivering Auto-Execution Commissions System.• Protected $40M revenue base by engineering Euronext Connectivity and NASD TRACE Reporting. Additional Projects:• Dual-role login• Administrative Audit-trail System• User & Account Administration System• Futures/Options Trading System• Japanese Order Allocations• Support for Foreign Exchange Forwards• FIX Connectivity for List Manager• ISO 15022 Custodian Linkage• TBA (Mortgage) Trading System

Refined and developed TGA Online & TGA Portable Managed & enhanced remote access to legacy online retail brokerage system.Supported usage of 28,000 domestic retail Financial Consultants and operations staff. Director of Application Development, Private Client Business Systems Opened a new market for Merrill Lynch with new year-1 revenues over $5 million, 20% annual growth.Created financial justification, designed, developed and delivered Executive Stock Options (ExSOp) record-keeping system.