Senior Vice President - Technology Group Manager
Jersey City, Nj / New York, Ny
1998–2013 Citigroup New York, NYLed Business Analyst Team through Phase I of strategic multi-year program to migrate broker dealer back office functions to Broadridge. Negotiated technology solutions with 3rd party vendors Broadridge, Galatea and SunGard.Managed the successful migration of 40MM retail customer holdings in 5.7MM accounts to Morgan StanleyCo-Managed development of a strategic Global Stock Record System to consolidate multiple books and records of the firm into a Web-based platform supporting multiple legal entities across the globe. Key member of Senior Management Committees, helped to steer development of a unique-in-its-class Global Segregation System to systematically segregate fully paid customer securities at local agents across the globe.Managed regulatory changes to Stock Record and Margin systems mandated by Dodd Frank, OFAC, FINRA and other government and industry agencies. Yearly audits were highly successful in avoiding findings by the regulators.Managed multi-year initiative to upgrade a Seg Optimization Process that earned the firm access to an additional $3 Billion of customer assets to finance its obligations and investments.Managed $2.6MM worth of technology projects in 2012 supporting business and operations clients across multiple organizations in the firm including Compliance, Reconciliation & Control, Settlements, Finance and various Trading Desks.Outsourced 16 major mainframe applications to a vendor in India reducing system development costs by 66%.Managed 2 IT managers, 34 technologists (onshore and offshore) and 30 IBM mainframe and UNIX/SYBASE systems supporting the books and records of the firm, Margin, Bookkeeping and reconciliations for over 65 million institutional and retail customer holdings across all product lines.Managed 7 trade clearance systems processing over 350,000 treasury and mortgage backed security settlements/month.Migrated collateral allocation functions to the Bank of New York.