Jason Welborn Email & Phone Number

Baltimore, Maryland

Baltimore, Maryland Area

Led a staff of 4 associates within the Liquidity Management and Treasury Trade Support teams, managing over $10B in firm liquidity, across more than 100 bank accounts in the US, Canadian and Mexican markets. Responsibilities include funding and forecasting, intra-day liquidity, exception management, counterparty exposure management, bank account testing, and cash break resolution.• Performed trend analysis on the Mexican funding process, increasing forecasting accuracy, reducing large fluctuations in liquidity and exchange costs to the firm.• Assisted in reviewing the same day cash receipts matching process and implementing new messaging and matching logic, reducing the overall processing time by 50%.• Reduced the average turnaround time for the clearance of cash breaks by 2 days by initiating cross-training, implementing monthly review calls and assisting in the standardization of daily break reports.

Greater New York City Area

Performed regression testing on new billing application, including identifying, reporting, resolving and providing sign-off on all corrected issues. Served as a Business Analyst, provided insight to the day-to-day use of the application through real world examples, recommended enhancements to streamline workflow and identified possible controls.

Baltimore, Maryland Area

Managed staff of 5 associates accountable for the fee billing process of 10 global affiliates with more than 30,000 accounts, totaling over $60B in assets under management and generating revenue in excess of $130M a year. Directed team deliverables, assignment of resources, status reporting and development and implementation of processes and procedures in compliance with regulatory requirements.• Led the billing system conversions of 7 affiliates, including documenting workflow, performing gap analyses, developing and implementing procedures, reducing the global fee billing staff by 3 associates.• Compiled a successful audit record over a 5-year period with no adverse findings. Audits conducted included Sarbanes-Oxley (SOX), Statement on Auditing Standards (SAS) 70, Securities and Exchange Commission (SEC), Internal and Financial.• Served as the Business Analyst to Global Operations, Global Affiliates and Developers for all billing related functions including documenting business requirements, creating test scripts and testing new software releases and enhancements, eliminating the need for a dedicated Business Analyst resource.• Standardized the billing processes across affiliates reducing the overall processing time by 50%.• Developed and implemented system enhancements resulting in 90% of the workflow being automated.• Designed and implemented training programs for Global Operations, Global Affiliates and Finance employees reducing the number of billing related questions by 50%.• Initiated a cross-training program increasing productivity and reducing downtime by allowing employees to cover during absences, and assist during times of increased workloads.

Baltimore, Maryland Area

Performed the maintenance, calculation, invoicing, verification and account receivables for 3 affiliates with more than 2,500 accounts, totaling over $5B in assets under management and generating revenue in excess of $25M a year. Communicated directly with corporate and affiliate Finance departments, Portfolio Managers, their assistants and custodians to report revenue, issue credits and rebates, provide accruals, provide outstanding revenue and receivables and address all other billing related issues.• Designed and implemented a daily process for balancing all billing related activity reducing the error rate to less than 1%.• Assisted in the development and implementation of a process used to exclude securities from the billing process reducing the need for manual intervention by 90%.

Baltimore, Maryland Area

Handled the data integrity of over 30,000 fee-based brokerage and separately managed accounts, totaling over $13B in assets under management and generating revenue in excess of $130M a year. Managed, hired and mentored a staff of 5 associates. Directed team deliverables, assignment of resources, status reporting, error tracking and collaborated with the management team and other business units to develop and implement processes and procedures in compliance with regulatory requirements.• Assisted in the design and implementation of a front-end data entry system reducing the number of duplicate entries by 75%.• Developed and implemented an employee training program that reduced processing errors by 20%.• Initiated cross-training and job rotation programs resulting in increased productivity, provided coverage during employee absences and reduced downtime.• Assisted in the development and implementation of an operations manual reducing the number of questions received from Financial Advisor and their assistants by 50%.

Baltimore, Maryland Area

Assisted in managing the timely and accurate setup, validation, maintenance and termination of over 30,000 accounts and the creation and distribution of welcome packets to new and existing clients. Provided strategic support in managing the completion of business initiatives, such as team deliverables, assignment of resources, status reporting and error tracking.• Increased productivity by assisting management in addressing production issues with the successful implementation of new processes, procedures and automation improving department efficiency.• Improved team effectiveness by training and mentoring junior associates.

Baltimore, Maryland Area

Involved in all aspects of a managed account, including setup, validation, maintenance and termination on a multi-platform system. Created billing transactions, recorded account receivables and collaborated directly with Financial Advisors and their assistants to address all account related issues.• Reduced turnaround time by completing all setup, maintenance and termination requests within 24 hours.• Improved revenue reporting accuracy by recording account receivables timely and accurately.