Fixed Pools evaluator; maintained pricing model; worked with R&D to enhance current pricing methodology; applied Agile principals to complete new products

*Independently verified prices on $40bn portfolio of assets backed by agency mortgage products such as fixed rate specified pools, TBAs, CMOs (various structures – PAC, SEQ, Z, SUP Z, PO, INV IO, IOs), HECMs, ARMs, multi-family agency CMBS pools, loans and bonds. Reverse-engineered pricing color using Bloomberg, Intex, Yieldbook or proprietary models under various prepayment scenarios.*Reviewed new deals, current pricing methodologies and processes and facilitated discussions with senior management, trading, risk, product control, model validation and other groups to address valuation related inquiries or recommend P&L adjustments. *Prepared monthly report with valuation results and presented findings to trading desk senior management and risk personnel.*Participated in ad hoc in-depth research of subjects related to the agency market and products.

Vice President – Agency RMBS, Finance*Work with senior traders to identify and mitigate valuation risk for an $8bn derivatives and specified pools book; recommend valuation adjustments on certain positions (currently total of $10m of valuation adjustment recognized by business)*Price inverse IOs, inverse, structured IOs, and stripped IOs and POs backed by Fannie, Freddie and Ginnie collateral*Develop methodologies to implement firm wide initiatives such as prudent valuation and liquidity reserves by examining market bid/offers and trading volumes*Produce monthly presentation summarizing valuation results and present in front of senior managementVice President – CDO Secondary, Finance *Independently determined market value of CDOs, CLOs, TRUPs, credit indices. Compared findings to month-end traders’ marks; lead discussions with traders to resolve differences that do not fall into specified threshold amounts.*Analyzed the book’s exposure to non-Volker compliant CDOs and presented findings to senior management.*Performed impairment analysis for certain securities under applicable US GAAP/ International Accounting Standards.*Drove business processes reengineering for CDO valuation by creating the business processes’ maps and documenting data and information flows. Developed the problem statement and specifications for future systems redesign.

*Developed monthly surveillance report for about 4500+ bonds comprising $50bn structured finance portfolio. Report included performance data, cash information, market update, deal structure review, current portfolio management initiatives.*Served as a liaison between asset management team, investor reporting team and team of consultants to built internal reporting system. Worked closely with 2 members of SunGard Consulting Services to develop user friendly GUI to host the internal reporting system.*Continuously worked with portfolio management team to improve portfolio surveillance, reporting procedures and to create ad-hoc reports to aid various teams in the organization.*Documented reporting procedures and established reporting process.

*Priced distressed RMBS bonds. Extensively reviewed underlying collateral to understand performance of the deal.*Worked closely with senior portfolio manager to structure / manage CDOs. Reviewed all deal documents. and distribution dates note valuation reports and determination date monthly reports. Worked closely with Bank of New York Mellon, Citigroup, Merrill Lynch, Wachovia.*Analyzed CDOs for potential purchases / sales using proprietary software, deal documents, knowledge of current market conditions. *Developed proprietary database to store information of portfolio of various structured products.

Analyst with the CDO team within the Structured Finance team.