Joseph Simone Email & Phone Number

Nanuet, Ny, Us

Weehawken, New Jersey, United States

Weehawken, New Jersey

1200 Harbor Blvd. Weehawken, Nj

Responsible for assisting UBS Branch Managers, Market Heads and Divisional Directors in the West and UBS-International divisions with Financial Advisor recruitment, deal structuring integration, DOL & FINRA Rule 2273.Primarily responsible for reporting Financial Advisor Pipeline statistics to Field and Home office management teams.Perform comprehensive due diligence reviews of Financial Advisor candidates to determine portfolio portability. Approve payments for newly hired Financial Advisors and their support staffDevelop and maintain working relationships with internal resources to effectively manage client relationships (i.e. Compliance, Legal, Products and Operations.) Established procedures for some of the departmental processesAspiring Legacy Financial Advisor (ALFA-Retirement Program) contact person; create projections and assist with answering questions to legacy Financial Advisors.Responsible for managing the onboarding, terminations and assignment scheduling of consultants teams of four UBS approved Transition Vendors

Weehawken, Nj

Manage a staff of 6 representatives, plus 9 consultants during tax seasonMaintain compliance with respect to the timeliness and accuracy of tax withheld from non-qualified (Non-Exempt) brokerage accountsReconcile Backup Withholding vs. IRS forms 945, 1099 and accounts payable/receivable for current and prior tax periodsLiaise with Internal Revenue Service to maintain withholding accounts and to remediate penaltiesProcess the daily remittance of tax to the IRS; maintain thorough record keeping and audit documentationRespond to Branch and Financial Advisor inquiries and perform adjustments to reportable transactions Perform quality assurance testing including the periodic review of Forms 1099 and client tax statements global adjustments in January for 1099 Reporting (OID, Income Reallocation, REMIC, etc.)Coordinate the preparation and the mailing process to clients of IRS Notices received throughout the year (Penalty Notice, B-Notice, C-Notice) as well as the year-end mailing of the ATS (Annual TIN Solicitation)Write communications to the affected UBS branches and clients as it relates to the above mentioned IRS NoticesDaily reconciliation of NRA current year TEFRA vs. JulianReconciliation of original mailings and all weekly correction cycles of Consolidated 1099 Forms completed by UBS vendor Broad RidgeEstablished procedures on the above reconciliation processes

Liaised as a consultant in the Stifel Nicolaus post conversion supportResearch and analyze all accounts converted to Stifel Nicolaus and transfer all eligible assets left behind

Prepared personal tax returns for established and new clients

Weehawken, Nj

Assisted branch management teams in the Midwest and Northwest regions (110 branches in total) with the transitioning of new recruits book of business from their previous firms (Record of 864 recruits transitioned in 2008 for all regions; 425 recruits transitioned through the middle of April 2009). Partnered with all Home Office Operations departments to support the transition and the everyday operational needs for new recruits.Participated in VIP trips and meetings with potential recruits to present an outline of the services and support that would be provided once they joined the firm. The group functioned as a single point of contact between the branches and Home Office.

Joseph SimoneExperience 11/08 – 04/09 UBS Financial Services Weehawken, NJAssociate Director – Recruit Solutions Assisted branch management teams in the Midwest and Northwest regions (110 branches in total) with the transitioning of new recruits book of business from their previous firms (Record of 864 recruits transitioned in 2008 for all regions; 425 recruits transitioned through the middle of April 2009). 08/08 – 11/08 UBS Financial Services Jersey City, NJAssociate Director – Mutual Funds ACATS Managed a staff of 10 Mutual Funds ACATS representatives. 09/06 – 07/08 UBS Financial Services Weehawken, NJAssociate Director – P&S (Clearance & Settlements) Managed a staff of 13 representatives, which covered Listed Equity, OTC Equity, Fixed Income, Listed Ex-Clearing, Fixed Income Ex-Clearing and the Corrections Unit. 08/01 – 08/06 UBS Financial Services Weehawken, NJAssociate Director – Recruit Solutions Assisted branch management teams within the Eastern and Central Division branches with regard to the transition of new recruits’ book of business.09/99 – 07/01 UBS PaineWebber Weehawken, NJDivisional Vice-President – Retirement Services Managed a staff of 10 representatives. Provided Service Excellence quality support to all branches regarding distributions from Qualified Plans and IRA accounts due to Death, Divorce and Disability of the account holder.03/97 – 09/99 PaineWebber Weehawken, NJDivisional Assistant Vice-President – P&S Options Clearance Managed a staff of 10 representatives between Weehawken and Chicago. Responsibilities included the full operation of the Options DepartmentEducation 1972–1977 Collegio Rotondi – Istituto Tecnico Varese, Italy Received a diploma for Geometra.Skills Microsoft Office applications; Various UBS applicationsForeign Languages: Italian (Fluent)

Assisted branch management teams in the Midwest and Northwest regions (110 branches in total) with the transitioning of new recruits book of business from their previous firms (Record of 864 recruits transitioned in 2008 for all regions; 425 recruits transitioned through the middle of April 2009). Partnered with all Home Office Operations departments to support the transition and the everyday operational needs for new recruits.Participated in VIP trips and meetings with potential recruits to present an outline of the services and support that would be provided once they joined the firm. The group functioned as a single point of contact between the branches and Home Office.

Weehawken, Nj

New Recruit SolutionsAssisted branch management teams in the Midwest and Northwest regions (110 branches in total) with the transitioning of new recruits book of business from their previous firms (Record of 864 recruits transitioned in 2008 for all regions; 425 recruits transitioned through the middle of April 2009). Partnered with all Home Office Operations departments to support the transition and the everyday operational needs for new recruits.Participated in VIP trips and meetings with potential recruits to present an outline of the services and support that would be provided once they joined the firm. The group functioned as a single point of contact between the branches and Home Office.

Mutual Funds ACATSManaged a staff of 10 Mutual Funds ACATS representatives. The main focus was to process all re-registrations in a timely manner and reduce the amount of receive and deliver fails.Created a better relationship and partnership between the Mutual Fund ACAT department, the contra firms, other internal operation units, and all UBS branches.

Mutual Funds ACATSManaged a staff of 10 Mutual Funds ACATS representatives. The main focus was to process all re-registrations in a timely manner and reduce the amount of receive and deliver open fails.

Mutual Funds ACATS OperationsManaged a staff of 10 Mutual Funds ACATS representatives. The main focus was to process all re-registrations in a timely manner and reduce the amount of receive and deliver open fails.

P&S (Clearance & Settlements)Managed a staff of 13 representatives, which covered Listed Equity, OTC Equity, Fixed Income, Listed Ex-Clearing, Fixed Income Ex-Clearing and the Corrections Unit.Prepared all monthly management reporting and deliverables pertaining to P&S including SOX certification. Compared OTC, Fixed Income and Listed contract trades, and Step Outs.Balanced post settlement data and suspense accounts / general ledger accounts to minimize firm exposure.Monitored and supervised all branch requests for daily corrections via two internal systems (IQQQ and STAR).Managed the monthly review and payments of SEC Fees to the NYSE, AMEX and NASD.Worked with internal programmers and technology staff to implement work flow modifications and quality assurance testing on all new system releases.Coordinated departmental cross-training within all Purchase & Sales units.Managed the Offshore P&S training for the India Service Center staff.

P&S (Clearance & Settlements)Managed a staff of 13 representatives, which covered Listed Equity, OTC Equity, Fixed Income, Listed Ex-Clearing, Fixed Income Ex-Clearing and the Corrections Unit.Prepared all monthly management reporting and deliverables pertaining to P&S including SOX certification. Compared OTC, Fixed Income and Listed contract trades, and Step Outs.Balanced post settlement data and suspense accounts / general ledger accounts to minimize firm exposure.Monitored and supervised all branch requests for daily corrections via two internal systems (IQQQ and STAR).Managed the monthly review and payments of SEC Fees to the NYSE, AMEX and NASD.Worked with internal programmers and technology staff to implement work flow modifications and quality assurance testing on all new system releases.Coordinated departmental cross-training within all Purchase & Sales units.Managed the Offshore P&S training for the India Service Center staff.

Purchase & Sales Ops (Clearance & Settlements)Managed a staff of 13 representatives, which covered Listed Equity, OTC Equity, Fixed Income, Listed Ex-Clearing, Fixed Income Ex-Clearing and the Corrections Unit.Prepared all monthly management reporting and deliverables pertaining to P&S including SOX certification. Compared OTC, Fixed Income and Listed contract trades, and Step Outs.Balanced post settlement data and suspense accounts / general ledger accounts to minimize firm exposure.Monitored and supervised all branch requests for daily corrections via two internal systems (IQQQ and STAR).Managed the monthly review and payments of SEC Fees to the NYSE, AMEX and NASD.Worked with internal programmers and technology staff to implement work flow modifications and quality assurance testing on all new system releases.Coordinated departmental cross-training within all Purchase & Sales units.Managed the Offshore P&S training for the India Service Center staff.

Assisted branch management teams within the Eastern and Central Division branches with regard to the transition of new recruits' book of business.Kept detailed reports of weekly and monthly statistics regarding accounts and assets being transferred via the ACATS system.Participated in VIP trips and meetings with potential recruits to present an outline of the services and support that would be provided once they joined the firm.

Assisted branch management teams within the Eastern and Central Division branches with regard to the transition of new recruits' book of business.Kept detailed reports of weekly and monthly statistics regarding accounts and assets being transferred via the ACATS system.Participated in VIP trips and meetings with potential recruits to present an outline of the services and support that would be provided once they joined the firm.

New Recruit SolutionsAssisted branch management teams within the Eastern and Central Division branches with regard to the transition of new recruits' book of business.Kept detailed reports of weekly and monthly statistics regarding accounts and assets being transferred via the ACATS system.Participated in VIP trips and meetings with potential recruits to present an outline of the services and support that would be provided once they joined the firm.

United States

Relationship Manager in Recruit Solutions

Retirement ServicesManaged a staff of 10 representatives.Provided Service Excellence quality support to all branches regarding distributions from Qualified Plans and IRA accounts due to Death, Divorce and Disability of the account holder.Resolved issues regarding contributions, distributions, Fees and IRS reporting on 1099R and 5498 forms.Supported the technology manager and his staff on issues, upgrades and enhancements of internal systems.

Retirement ServicesManaged a staff of 10 representatives.Provided Service Excellence quality support to all branches regarding distributions from Qualified Plans and IRA accounts due to Death, Divorce and Disability of the account holder.Resolved issues regarding contributions, distributions, Fees and IRS reporting on 1099R and 5498 forms.Supported the technology manager and his staff on issues, upgrades and enhancements of internal systems.

Retirement Services OperationsManaged a staff of 10 representatives.Provided Service Excellence quality support to all branches regarding distributions from Qualified Plans and IRA accounts due to Death, Divorce and Disability of the account holder.Resolved issues regarding contributions, distributions, Fees and IRS reporting on 1099R and 5498 forms.Supported the technology manager and his staff on issues, upgrades and enhancements of internal systems.

 Managed a staff of 10 representatives between Weehawken and Chicago. Responsibilities included the full operation of the Options Department:, which consisted of: balancing of all customer and firm trades, processing of corrections, OCC daily settlement, Letters of Credit, branch inquiries, monthly administrative reporting, exercise and assignments and the trade checking operation staff for the AMEX trades in New York and the CBOE trades in Chicago. Participated in all option expiration weekends. Member of the PaineWebber Y2K Beta street wide test team. Member of the Options Clearing Corporation Roundtable, which met three times a year to discuss current business and future new product implementation.(Member of the Options Clearance department at PaineWebber from 09/77 to 04/81 and a Manager from 05/81 to 08/86).

P&S and Options Clearance Manager

P&S Options ClearanceManaged a staff of 10 representatives between Weehawken and Chicago.Responsibilities included the full operation of the Options Department:, which consisted of: balancing of all customer and firm trades, processing of corrections, OCC daily settlement, Letters of Credit, branch inquiries, monthly administrative reporting, exercise and assignments and the trade checking operation staff for the AMEX trades in New York and the CBOE trades in Chicago.Participated in all option expiration weekends.Member of the PaineWebber Y2K Beta street wide test team.Member of the Options Clearing Corporation Roundtable, which met three times a year to discuss current business and future new product implementation.(Member of the Options Clearance department at PaineWebber

Supervision of daily options clearance operations.

Retirement Services OperationsOptions Clearance OperationsMutual Funds ACATS Operations

P&S Options ClearanceManaged a staff of 10 representatives between Weehawken and Chicago.Responsibilities included the full operation of the Options Department:, which consisted of: balancing of all customer and firm trades, processing of corrections, OCC daily settlement, Letters of Credit, branch inquiries, monthly administrative reporting, exercise and assignments and the trade checking operation staff for the AMEX trades in New York and the CBOE trades in Chicago.Participated in all option expiration weekends.Member of the PaineWebber Y2K Beta street wide Quality Assurance testing team.Member of the Options Clearing Corporation Roundtable, which met three times a year to discuss current business and future new product implementation.(Member of the Options Clearance department at PaineWebber

Geometra

A Diploma For Geometra, Geometra (Jr. Architect, Surveyor)

A Diploma For Geometra