Derek Skrainar Email & Phone Number

Baltimore, Maryland, Us

- Oversee the strategy, maintenance, and enhancement of benefits associated with being a T. Rowe Price client.- Led 6 automation projects to reduce manual processing by 120+ hours per year with a financial Return-on-Investment of 1.5 years for all projects.

Baltimore, Maryland, Us

- Oversee the T. Rowe Price Summit Program, a complimentary tiered benefits program for Individual Investors (retail) clients. The program has 1.2m clients and $XXX Bn+ in AUM.- Led a team with partners across Marketing, Content, Design, and Sales to increase awareness of the Summit Program by 35% in six months.- Responsible for budget decisions, client communications, and development updates to the program.- Enhanced program eligibility by onboarding around 9,000 trust accounts and $X Bn+ in AUM.

Baltimore, Maryland, Us

- Wrote 50+ user stories for coding development of the Summit Program. User stories included determining eligible account types, how to calculate various metrics, and order of operations for data checks to be performed.- Started biweekly development updates for Executive leadership, reducing developer meeting time by 10%. This allowed developers to focus on coding accuracy instead of status updates and for Executives to understand project milestones.- Led working team responsible for technical requirements of at-risk account process. Accounts subject to conversion from lower-cost I Class shares back to Investor Class shares were given data requirements and compliance/regulatory considerations were given for development.

Baltimore, Maryland, Us

- Examined external data sources for personal/private data and executed on remediation projects to make the department compliant under European Union (GDPR) and California data protection regulations.- Created a testing program for metrics built in MicroStrategy for the firm's Assets Under Management redesign project.- Managed the intake and remediation of reporting defects in CA Agile (Rally) to track department's progress and to update senior management on milestones reached.- Strategized with Technology teams to determine an target state data model. Decisions on the model were predicated on speed of retrieval, simplification of tables, and grouping of similar data columns.- Enhanced Business Objects reports by building customized metrics, updating report filters to exclude certain data points, and streamlining query filter setup.

Baltimore, Maryland, Us

- People manager; responsible for objective setting, performance reviews, and professional development- Streamlined financial regulations '12(d)(1)' coding across the firm- Technical Coder in Charles River for Equity and Fixed Income accounts. Tested coding strategies via Charles River and SQL to anticipate concentration pools and validate coding prior to implementation.- Process efficiency expert; multiple task automation proposals have resulted in hours of FTE reduction and an increase in data accuracy- Derivatives knowledge; swap valuation, currency forward (fx) valuation- Instituted a monthly audit to review and update manual lists in Charles River

Baltimore, Maryland, Us

- Successfully transitioned a daily operations process to a new group.- Collaborated with Legal on an updated client policy and an internal process change to more efficiently handle client requests- Consolidated and stream-lined a department audit by centralizing the document retention location and eliminating redundant steps and processes- Advanced knowledge of Charles River software including building rules, creating lists, testing rule changes in a Qual environment, etc.

New York, Ny, Us

Corporate Sector - Chase Insurance Licensing- Promoted from Analyst to Associate• Managed a process improvement list of over 10 projects, ranked by cost, value added, and implementation speed.• Enhanced the data entry of the non-resident and resident licensing database to increase data entry quality.• Lead recruitment, job submission, interviewing and on-boarding of five Insurance Licensing and Securities Registration team academic interns.• Scripted the team's first procedural guide for systems access to improve employee on-boarding and off-boarding.• Fostered new relationships with 5 state licensing processors to reduce license processing time by 24 hours per applicant.

New York, Ny, Us

Corporate and Investment Bank - Operations Control Management• Deployed action plans for two different high risk operational teams to solidify their controls and mitigate the firm's risk.• Conducted a risk analysis on seven operational teams to highlight the current risks and do gap analysis.• Presented the Risk Control Self Assessment (RCSA) summary for executive management signoff.• Enhanced the collection of the Risk Control Self Assessments (RCSA) via the internal risk reporting system. This helped the Operations Control Management team to more accurately understand their current state risk assessment report and allow them to better visually display this information for Area and Senior Area Managers for risk-related discussions and signoff.

New York, Ny, Us

Commercial Banking - Client On-boarding• Worked on the Know Your Customer (KYC) Officer enhancement project• Migrated data tables to a daily reporting frequency using SQL server and the Toad application.• Built reports using SQL server and SQL Server Reporting Service (SSRS)• Reconciled the employee seating and duplicate hardware issues

New York, Ny, Us

Commercial Banking - Wholesale Loan Operations• Created a project issues lists to review technological enhancements and QA tests• Documented the new loan reconciliation system usage• Refreshed the CUSIP list for increased group accuracy

New York, Ny, Us

Asset Management - Data and Income Group• Created a sinking fund schedule date calculator for weekend issues• Determined root cause issues and resolved duplicate asset creation problems• Validated global tax rate comparisons between the bank and the custodian• Trained new hires on data oversight queue via physical demonstrations and soft company Standard Operating Procedures

New York, Ny, Us

- Worked on the Global Management Reporting & MIS team in Asset Management- Analyzed and extensively tested migration tool for future online metrics reporting purposes.- Initiated group’s first business resiliency plan for contingency purposes and corporate compliance rules.- Collaborated movement from multiple to singular error reporting repository for improved data efficiency.- Developed new hire campus map and legend, and a group-wide systems overview for easier on boarding conversion.

Rochester, New York, Us

- Solicited Broker feedback on effectiveness of iPad comparative product offering tool application.- Updated sales collateral messaging and contributed customer friendly titles for increased comprehension by target customers.- Re-architected electronic information deposits for easier and more efficient data storage and retrieval.- Verified Operating Plan financials for 2010 year end account reconciliation.

Rochester, New York, Us

- Created competitive analysis of online capabilities for members, employers, brokers, and providers.- Researched and recommended implementation of company’s first “Voice of the Customer” program.- Directed internal focus group of “Voice of the Customer” for vision of the VOC’s placement.- Updated Health Care Reform competitive analysis to enhance comprehension of standing within industry.- Analyzed employer survey using Excel’s statistical tools; formulated conclusions on new products, transformation from old products, and formulated “pain points” to improve.- Contributed in brainstorming sessions for more efficient methods to train brokers on newly released products.

Master Of Business Administration - Mba, Leading Organizations

Bachelor Of Science, Business Management And Operations Management

Bachelor Of Science, Business Management And Operations Management