Mark Derolf Email & Phone Number

Chicago

Responsible for entire scope of Firm's regulatory compliance with FINRA and exchange member rules and regulations including Written Supervisory and Anti-Money Laundering procedures.

Chicago

Responsible for entire scope of Firm's regulatory compliance with FINRA and exchange member rules and regulations including Written Supervisory and Anti-Money Laundering procedures.

Chicago

Chicago

Primarily responsible for entire scope of firm's accounting and finance functions.Designed and implemented general ledger, accounts payable and salesman payout systems.Developed and maintained firm's AML, CIP and KYC programs.Lead contact for all regulatory matters including financial and operational audits.Investigate, manage and resolve customer complaints including working with outside legal counsel.

Reported directly to Head of North America Sales specifically to design and implement equities clearing capacity within the futures division.

Created specialized procedures for the administration of subscriptions, redemptions and NAV computations of an offshore fund of funds.Developed operational guidelines for a mutual fund total-return swap.Managed investment fund administrator's compliance with offering memorandum and regulatory requirements.Coordinated out-sourcing of departmental risk management application development

Analyzed and re-structured US and foreign settlement operations to accommodate triple digit growth.Designed and implemented procedures to facilitate acquisition that doubled the firm's client base.Eliminated market risk due to foreign currency exposure by implementing customized procedures.Managed firm's conversion from GMI to RISC realizing significant operational and financial efficiencies.Moved out-sourced accounting and financial functions in-house reducing cost and closing time.

Managed all aspects of the firm's inter-bank foreign exchange operation including customer credit, risk, personnel, settlements and profit reporting across multiple units.Negotiated and maintained credit lines with many of the world's largest international banks and financial institutions to support customer and proprietary trading activity.Directed addition and integration of 3 new business units resulting in growth exceeding 200%.Established and supported a London office that produced substantial profits within 6 months.Developed unique financing program designed to increase trading leverage for proprietary trading activity in cash versus futures arbitrage.Increased firms cash flow and capital base by more than 5% by establishing a subordinated debt facility.Secured exchange membership and warehouse delivery loans to facilitate customer's financing needs.Increased profitability by creating a subsidiary to facilitate development of new proprietary trading programs in futures versus equities arbitrage an equity options market-making.

Planned, developed and managed a centralized accounting and finance division designed to service and support independent entities engaged in a wide range of activities including option market-making, retail stock brokerage, cash versus futures arbitrage and commercial and residential real estate.

Reported the firm's compliance with financial and operation regulatory requirements of the SEC, CFTC, NYSE, CBOE, CBOT and CME including FOCUS reports, daily segregation and net capital computations.

Prepared daily and monthly accounting ledgers, daily and monthly regulatory reports and interfaced with regulatory and public auditors.

Manage fieldwork staff of 2-3 auditors engaged in regulatory audits of member firm's compliance with exchange and industry rules and regulations.

Bs, Accounting

Course Work In Engineering

Activities and Societies: Varsity Baseball