Matthew Zaegel Email & Phone Number

Washington, Dc, Us

Mclean, Virginia, United States

Denver, Co

• Responsible for managing projects related to system integration between client’s front office trading systems and BNP trade management systems including Tradeflow, Calypso, Algo and further integration into accounting systems (Dimension, Multifonds & Hiport).• Onboarded US operations onto global collateral processing systems.• Created US procedures documentation and ensured audit readiness.• Managed static data setups for all trade management systems related to settlement, trade matching and collateral.• Worked with global contacts to build middle office follow-the-sun service model.

Denver, Colorado

• Oversaw department of 20 employees covering trade matching, custody settlement and collateral/margin services across all asset classes in both listed and OTC markets.• Ensured control framework was in place to reduce exposure and risk.• Simultaneously managed team’s daily core work while also handling subject matter expert responsibilities for client onboarding project.• Managed custodian and fund accounting migration for client US mutual funds and UCITs.• Met weekly with client management to address issues and ongoing/upcoming initiatives.• Facilitated client’s single security initiative to exchange MBS securities with Freddie Mac.• Worked with 20+ custodians to ensure SWIFT messages each met system and market requirements.

Denver, Colorado

• Supervised department of portfolio accountants responsible for reconciling internal accounting records against custodian and prime brokerage accounts.• Managed escalated and aged breaks including unsettled trades, missing income/expense postings and collateral/margin breaks for fund strategies covering all security types including equity, fixed income and FX across both listed and OTC markets.• Built macros to automate daily reconciliations which reduced headcount requirements for department by 20%.• Worked directly with front office to manage cash balances and holdings inquiries as well as special reporting requirements for institutional clients.• Prepared department for operational lift-out to BNP as middle office service provider.

• Lead team of 12 associates and 2 team leaders to manage risk on trade population • Escalation contact for client complaints and aged outstanding trade issues• Prepare & distribute metrics on confirmation timeliness & regulatory compliance• Analyze raw data and work with front office to resolve root cause of breakdowns• Work with programmers and IT support to develop, test and roll out software enhancements & flow systems/trade population migrations• Oversee trade reconciliations, processing of credit events and large portfolio takedowns • Travel to conduct business meetings with clients and vendors in order to improve relationships, identify pain points and set targets for future performance or projects• Represented Morgan Stanley on multiple industry wide monthly conference calls• Co-Led merger of multiple teams into newly created department to realize streamline and synergy opportunities• Implemented LEAN management program for team including creating opportunity tracker, leading daily morning huddles & conducting weekly root cause problem solving sessions• Held weekly 1:1 meetings with all direct reports to discuss open issues, set professional goals & review progress, deliver quarterly employee reviews and guide career paths

Baltimore, Maryland

• Managed entire team population of unconfirmed swap transactions• Maintained contact & mapping systems to improve straight through processing of new trade activity• Worked with all clients to urge and facilitate move onto electronic trade confirmation platforms to reduce costs, risk and duration of confirmation process• Worked with IT to test, migrate and implement new confirmation, affirmation & drafting system and slowly decommission legacy systems• Hire and train new employees on they daily processes and many different product types

Baltimore, Maryland

• Work with clients to confirm interest rate and credit default swaps• Minimize risk exposure and potential P&L losses from unconfirmed trades • Work with MS teams internally and clients externally to resolve any issues, requests or discrepancies that may arise• Provide any ad hoc reporting requested by management

Baltimore, Maryland

• Accrued daily commission totals to general ledger• Oversaw the electronic payment system for trades• Created manual invoices for trades not settled electronically• Received wires and applied payment towards outstanding trades• Applied funds to different products accounts based on type of trade being settled• Created monthly reports for management and facilitated any ad hoc requests

Timonium & Baltimore Metropolitan Area

• Coordinate on-site tasks as negotiated• Make the schedule and recruit staff• Record Labor Expense Reports• Manage and keep inventory of all Equipment

Baltimore, Maryland

• Reconciled invoices and processed wires for clients• Worked with client reps internally as well as broker contacts externally to resolve issues• Performed daily and monthly reports at management’s request• Took informative classes to learn more about the financial industry and Morgan Stanley itself

Washington D.C. Metro Area & Baltimore Metro Area

• Schedule Employees to attend events• Coordinate valet jobs at site with event planner• Supervise drivers and drop-off / pick-up area

Phoenix, Md

• Supervised Customer Service Representatives throughout store• Organized promotional deals and advertising as directed• Counted all drawers and executed bank deposits• Met bi-weekly with district leaders to discuss ways to improve sales and productivity