Doug Ernst Email & Phone Number

New York, Ny, Us

Charlotte, Nc, Us

Global Corporate & Investment Banking Central COO team, with coverage of Investment Banking, Corporate Banking, and Global Transaction Services divisions. Responsible for Business Integration between GCIB divisions, and between GCIB and other BofA lines of business such as Global Markets and Private Wealth & Investment Management.Drive GCIB strategic priority to bring the full suite of BofA assets to our Clients. Develop connection between Investment Banking and Corporate Banking Relationship Managers, our Clients, and the BofA Local Markets Organizations to build new relationships and provide GCIB Clients with BofA services across the enterprise. Lead MNPI initiatives to improve tracking, monitoring and review of Confidentiality Agreements and NDAs. Product Manager and Project Manager to develop technology and enhance processes to consistently and accurately manage enterprise content through the full end to end document lifecycle. Build Operational Excellence through rigorous inventory and analysis of management reporting. Develop production and output efficiencies to enhance content, improve information conveyance, and reduce production cost.

Minneapolis, Mn, Us

Deliver quantitative, analytical, and data-driven solutions that drive growth and facilitate collaboration across Fixed Income Capital Markets. Responsible for solving complex problems, increasing efficiency, providing transparency and promoting knowledge sharing, as well as facilitating relationships between FICM and partners in Enterprise Analytics, Digital, Technology and Operations, as well as others throughout U.S. Bank.

Minneapolis, Mn, Us

Business Management & Strategy• Direct Business Management effort for High-Grade & High Yield Corporate Fixed Income, Municipal Securities, Loan Trading, Foreign Exchange, and Interest Rate Derivative Products trading, sales and underwriting desks.• Drive revenue growth, cost control, and operational efficiency initiatives through Agile project management environment as Business SME with Technology Innovation teams. Identify and execute business priorities, implement AI/ML/RPA and advanced analytics, and automate analysis tools to enhance visibility of business trends and projections. • Improve sales productivity and trading profitability with enhanced trade, position, account and P&L visualization with Tableau tools. Leverage results to drive distribution and implement new trading products, trading limits and operating policy. • Enhanced inventory turnover resulted in lower internal funding charge, saving over $3mn per year and improving relative pricing. • Manage team responsible for interpretation and implementation of Dodd-Frank Volcker Rule metrics and RENTD analysis.• Manage all phases of internal and external regulatory audit, including policy analysis, documentation and verification.Risk Management• Manage market, credit, operational, liquidity, and regulatory risk of all trading desks. • Calculate, monitor, and publish daily summary of risk data of combined balance sheet to Senior Management, including position, VaR, CR01, DV01, stress scenarios and credit metrics as per the OCC Market Risk Rule.• Analyze position price verification with third party data provider and inventory aging for possible liquidity impairment.Capital Management• Coordinate syndicate and trading desks, repo funding desk, finance and treasury groups to ensure adequate capital for underwriting and trading activity, and to ensure the most cost efficient use of capital.• Developed funding expense allocation into trader P&L and improve cost attribution.

New York, Ny, Us

Consumer Specialist with primary focus on the Food/Agribusiness, Beverage, Household/Personal Care, Tobacco, Food Retail, Gaming, Lodging, Leisure, and Education sectors, covering about 90 stocks.• Provide investment advice to institutional clients, leveraging experience in equity research to provide a relative view of subsector reports across the Consumer Staples sector.• Actively execute investment trade ideas in tracking system, consistently outperforming the Consumer benchmark.• Central member of the BofA-ML Equity Department coordinating Research, Trading, Research Sales, Capital Markets, Investment Banking, and Derivatives with company coverage, trade positioning, institutional account coverage, and deal marketing.• Develop and maintain relationships with company management to provide trading flow and color on investor sentiment.

Charlotte, Nc, Us

Team initiated coverage on eighteen Packaged Food and Agribusiness stocks in 2009. I was primarily focused on thirteen Packaged Food companies (GIS, KFT, K, CAG, SLE, HNZ, CPB, HSY, DLM, MJN, GMCR, SENEA, DOLE). • Participated in six equity deals since January 2009. Completed due diligence, built financial models and crafted investment thesis for: Mead-Johnson Nutritionals (MJN), Seneca Foods (SENEA), Green Mountain Coffee Roasters (GMCR), Dole Foods (DOLE), TreeHouse Foods (THS), Diamond Foods (DMND). Created Capital Markets and Sales Force presentations and supported BofA-ML deal marketing efforts by assisting clients and sales team with fundamental and comparable valuation analysis. Initiated coverage on each deal stock at the minimum allowable time after pricing.• Created M&A models for KFT/Cadbury, GMCR/Timothy’s/DDRX, THS/Sturm Foods.• Coordinated with credit analyst, specialist sales, trading, and special situations desk to develop equity and derivative trading ideas around the KFT/Cadbury merger and subsequent index and ownership adjustments.

Charlotte, Nc, Us

Provided analytical support to Senior Beverage Sector Analyst by conducting equity research on thirteen-company beverage company universe (KO, PEP, CCE, PBG, DPS, COT, BUD, TAP, SAM, BFB, DEO, STZ, FO). Contributed to moving team from 8th to 4th in I.I. rankings, from 8th to 3rd in Greenwich rankings, and from 60% to 80% account penetration by:• Producing industry analyses that led to stock specific recommendations including Initiation of DPS, Bottler Input Cost analysis, U.S. Beer Industry outlook, Soft Drinks M&A analysis, Spirits M&A analysis.• Writing company specific investment reports including coverage initiations for DPS, FO and SAM, quarterly earnings previews and reviews, M&A analyses, and other situational reports.• Building and maintaining financial models and valuation analyses including DPS model, updating for quarterly reports, revising for changes in reporting segments for COT, DEO, STZ, acquisitions and divestitures for KO, TAP, and BFB.• Analyzing regulatory filings to develop quarterly Balance Sheet and Cash Flow report. Developed two in-depth reports building upon this work: 1) reviewed company balance sheets to determine beverage companies’ exposure to commercial paper and variable rate credit, 2) coordinated amongst consumer staples teams to analyze the effectiveness of share repurchase programs, and framed criteria to anticipate changes in deployment of free cash flow. • Communicating with sales and trading desks, clients, and company management regarding industry events and the implications for our investment ideas.

Zurich, Ch

Dissected financial statements to assess tax liability for quarterly payments. Compiled and prepared corporate and partnership tax returns for federal and state jurisdictions. Developed property depreciation models to reconcile incongruities within the tax assessment.

Bs, Applied Economics & Management

Education record