Larry Jacobs Email & Phone Number

Greater New York City Area

Automated the capture of daily Short Term Investment Fund (STIF) interest rates. Enabled the money market department to eliminate overtime. Cut overtime by 40 hours a weekDeveloped data base of historical positions to drive payment of capital gains distributions for STIF securities. Ensured timely and accurate capture of capital gainsReconfigured STIF software reporting capabilities to recognize different payment frequencies and periods ending on a non-business day. Ensured the accuracy of income being paidCreated software to process updates of customer Tax Equity And Fiscal Responsibility Act (TEFRA) and Foreign Account Tax Compliance Act (FATCA) information. Enhanced accuracy of data. Eliminated manual update of hundreds of accounts on a daily basisReconfigured statement creation system to accommodate Corporate Trust customers acquired from another institution. Final product was consistent with statements provided by the other institution. Ensured retention of these customers and became a selling point for attracting new onesIdentified software processing with high computer utilization rates. Reconfigured the software resulting in a 10% reduction to utilization ratesCreated function to maintain a database of tax reporting rules for financial transactions. Then modified software using hard coded tax reporting logic to use the database instead. Eliminated need to change programs whenever a tax reporting rule was changedCollaborated with teams of programmers and data center operations to convert automated job scheduling from OPC to ESP. Completed accurately and on timeFacilitated migration of Corporate Trust Accounts from US Dollar system to multiple currency system. Eliminated duplication of processes

Greater New York City Area

Collaborated with teams of programmers, technical support, and data center operations to create infrastructure necessary to move functions from SIAC to DTCC. Enabled SIAC to decommission the migrated functionsConstructed testing methodology to ensure transmissions of transactions from Automated Customer Account Transfer Service (ACATS) system were processed in the correct sequence. Made it possible to conduct parallel testing of ACATS without incidentDesigned system to monitor receipt of client data throughout the day. Generated warnings whenever client data was not received. Eliminated manual checks done by operations personnel as well as reducing complaints from customers

Greater New York City Area

Collaborated with teams of programmer's, technical support, and data center operations to create infrastructure necessary to move message routing functions from Chemical Bank to JPMC. Enabled Chemical to decommission the message routing processingRedesigned message routing processing as a DB2 based solution. Reduced the time to add new customers to the system from 3 weeks to a day. Enabled JPMC to attract well known business data vendor to use the message routing processAdded logic to message routing system to process SWIFT and FX messages. Enabled the bank to add non US customers to the system

Greater New York City Area

Responsible for supporting various cashiering systems. Supervised staff of 8 Worked on changes to support industry initiatives including T plus 3, Same Day Funds Settlement and DTCC Odd Lot Debt Responsible for Re-engineering of Reorganization system

Greater New York City Area

Supervised programming staff for Defined Contribution and Employee Benefit system'sResponsible for supervising ongoing production support of various system's Programmer/Analyst for Employee Benefit, Fed Money Wire and Securities Lending Systems

Greater New York City Area

Responsible for programming Supplemental Annuity accounting system. Developed reporting package enabling user to make various information requests