Gary Chaisson Email & Phone Number

Boston, Ma, Us

Boston, Massachusetts, Us

Lead onboarding of clients and counterparties globally for the securities finance principal business (Prime Services). Client base includes hedge funds, mutual funds, investment managers, and pension clients. Coordinate the verification of bank policy deliverables prior to account opening including know your customer review, credit review, completed legal agreement, and internal approvals. Confirm timeliness to completion for account modification requests on existing client and counterparty relationships.• Oversee onboarding activities, under strict time expectations, of 125+ accounts per year with annual projected total revenues of $20-25mm.• Lead onboarding and project team on complex internal set-ups between principal business and agency lending business including direct access lending, self-financing borrowing, and collateral optimization of new product initiatives.• Collaborate with technology groups and other business units across the division to enhance efficiencies in the onboarding process.• Project lead on multiple system migrations converting outdated platforms to new, IT supported programs.• Central subject matter expert and business manager directing the scope per agile iteration of a new user interface client static data tool. • Provide business support and leadership on key technology changes in trading and operational systems.• Monitor operational risk partnering with business risk groups to complete risk assessments as well as updating controls and procedures on the onboarding process.• Engage with clients in improving information security controls in an effort to eliminate cyber-security risk.• Member of various working groups involving changes in corporate policy and regulatory policy. • Participant of the decision-making management team in relocating business processes to new India offshore office.

Head coach for the U11 Knights team with emphasis on building Lovell Hockey's mission to empower youth players with skills, knowledge, and passion to be successful both on and off the ice.

Boston, Massachusetts, Us

Managed high priority cash reconciliation exception items and proactively seek a resolution in a timely manner. Collaborated cross-functionally internally and externally to investigate and resolve cash issues and exceptions across all client portfolios. Administered the submission of foreign exchange orders to trading desk ensuring account specific controls and procedures are being followed.• Researched and resolved in a timely manner over 100 high priority cash discrepancies against bank transactions per business day.• Oversaw outstanding cash items related to client flows, corporate actions, income and expenses, and trade activity. Responsible for the oversight of the firm’s outsourcing provider that performs cash, position and market value reconciliation services. Facilitated the resolution process for issues escalated by the service provider that require action from internal or external parties. • Participated in periodic review meetings with business groups on specific reconciliation items as well as meetings with external providers including custodian banks.• Managed and coordinated the resolution on foreign exchange reconciliation exceptions across all client portfolios.

Boston, Massachusetts, Us

Managed and supervised the activities associated with the post-execution lifecycle of the firm’s trading activity. These functions included: trade confirmation, trade communication, trade and foreign exchange settlements, and trade exception management. Worked closely with brokers and custodian banks to solve complex operational issues and established ongoing relationships in order to facilitate opportunities for future initiatives. Collaborated with the firm’s Information Technology group and other business units across the firm to enhance processes related to the firm’s trading activity. • Provided subject matter expertise internally on client transitions and client onboarding.• Managed relationship for the firm’s vendor (BBH Infomediary) for trade communication via SWIFT.• Led various departmental projects and initiatives with the goal to enhance processes and assist in mitigating operational risks.• Managed project for eliminating manual fax instruction to banks for futures daily margin and creating automation through BBH infomediary.• Project manager for new trade communication channel with major custodian banks achieving significant lower operating costs (over 500k per year) to the firm.• Responsible for the delivery of trade details on 3 million trades per year to 90+ global custodian banks in 50+ global markets. • Championed the drive for standardized market practices participating in various industry working groups.• Reviewed and assessed policies and procedures to order to improve processes and identify gaps.

Boston, Massachusetts, Us

Addressed errors that occur in the course of business in support of the firm’s Error Resolution Council (“Council”). Facilitated the error resolution process in conjunction with the Council’s charter, worked with business groups on error preventative measures, and provided error reporting and trend analysis to the Council and to business groups throughout the firm. Types of errors included portfolio manager order errors, trading errors, compliance guideline breaches, operational errors, regulatory breaches, and client transition errors.• Acted as the subject matter expert and main escalation contact on errors and time sensitive issues that require immediate resolution across all offices including Europe and Asia.• Researched, investigated, and resolved over 4,000 circumstances of complex, time sensitive matters • Performed complex impact calculations using multiple analytic tools to ensure client portfolios are not harmed as a result of an error.• Directed ad hoc emergency meetings with CEO leadership on large magnitude errors.• Major technology and infrastructure initiatives were executed after leading working groups evaluating processes and procedures in all areas of the firm.• Managed the firm’s “error account” overseeing the activation process and operational administration of the account.• Developed, implemented and managed a reporting database to document errors for use by the Council and firm.• Provided consultation and guidance to relationship management on appropriate client communication on errors and sensitive operational risk matters.

Boston, Massachusetts, Us

Provided global investment support services to portfolio managers and other Wellington Management professionals, clients, and global custodian banks. Monitored daily operations and transaction activity for institutional accounts, both domestic and global, including mutual funds, public funds, and separate portfolios. Processed complex transactions including asset in-kind transfers, corporate actions, and cash flow activity. Organized operational set-up for new accounts, including account procedures, custodian bank communication, trade communication, bank standing instructions, client deliverables, and portfolio manager reporting.

Boston, Us

Supervised staff of six and administered daily operations for large mutual fund clients. Provided consistent, high quality customer service responding to client deliverables and meeting strict deadlines. Examined work for accuracy and conformance, which included cash reporting, trade settlements, cap stock activity, market value, and net asset value. Researched numerous reconciliation reports and resolved any outstanding items which caused discrepancies.

Bachelor Of Arts, Mathematics

Master Of Science, Finance