Gary Santoro Email & Phone Number

Norwalk, Connecticut, United States

Stamford, Connecticut, United States

• Successfully transitioned daily and monthly balance sheet and revenue reconciliations to offshore location (Poland)
• Created and maintained supervisory control framework for US Broker-Dealer general ledger (G/L) activities performed by Poland.
• Encourage and motivate staff members to critically review overall daily processes to achieve higher efficiency and enhanced overall operation risk control, as well as reduce unproductive down time
• Managed Firm’s foreign exchange (FX) ledger exposure, coordinated with Front Office to book spot and forward FX trades. Worked with Front Office to implement back-to-back trade booking process for hedge trades required.
• Worked closely with Syndicate desk, supervised required general ledger entries, monitored aging of outstanding settlements, and helped facilitate payments when acting as Bill & Deliver Agent to other Syndicate members.
• Work with internal/external auditors and participate in Chicago Mercantile Exchange (CME) regulatory exams

Stamford, Connecticut, United States

• Monitor the daily balance sheet, specifically the third-party assets and unsecured funding to ensure that they are within the limits set forth by the treasury department. Investigate any significant movement to provide.
• Worked with IT to enhance balance sheet reporting tools to better assist trading desk with managing balance sheet requirements. Assist desk with ad-hoc reporting requests
• Prepare daily and monthly reconciliation of balance sheet for accuracy and ensure local reporting is in line with global reports, identify and resolve any discrepancies
• Act as a liaison between P&L analysts, operations, management, and external reporting addressing inquiries, and audit requests.
• Managed foreign exchange exposure across the organization, including the allocation of daily FX revaluation as well as notification of exposure above allowable limits. Gave information to traders to perform hedges to.
• Prepared monthly management to financial reconciliations of the P&L reporting system to the general ledger on a legal entity basis; including the appropriate classification of revenues according to reporting guidelines.

Stamford, Connecticut, United States

• Reconciled multiple source systems to general ledger to ensure accurate P&L was reported
• Prepared P&L calculations on Loans, Deposits, CD’s, Commercial Paper, and FX
• Monitored desk’s foreign currency exposure and recommended sell off to FX desk when limits were breached
• Prepared month-end reporting including final P&L and balance sheet substantiations for banking books

Stamford, Connecticut, United States

• Responsible for daily profit and loss reporting for the USD Interest Rate Derivatives trading desk ($1 bln total annual revenues)
• Daily interaction with Rates traders and Middle Office while reviewing flash vs. actual P&L variances
• Implemented an enhanced Rates daily reporting platform and achieved better utilization of time spent on routine daily processes including clearing 5000 outstanding cash breaks as part of this clean-up
• Cross-trained fully to produce all daily P&L reporting within the Rates group and successfully trained new staff from ABN on NWM platforms

• Produced weekly flash estimates for Free Standing Insert Division in order to forecast expenditures
• Booked accrual and other adjusting entries for month end close process
• Produced quarterly review books, budget book and other reporting requirements as needed
• Supported media group with ad hoc projects including setup of new markets lists
• Facilitated Sarbanes Oxley internal audits as needed

Master Of Business Administration (Mba), Accounting And Finance

MBA, Finance and Accounting, 2010

Bachelor Of Science (Bs), Accounting

Activities and Societies: Baseball TeamBachelor of Science in Accounting, 2004