Michael A. Cozzi Email & Phone Number

Chicago, Il, Us

Chicago, Il, Us

Chicago, Il, Us

Co-managed the fund operations for Morningstar Funds Trust, a family of 9 sub-advised mutual funds, with a total of $2.5 billion in assets currently. Oversaw the Fund Administrator’s Transfer Agency, Fund Accounting, and Custody service teams. Managed the daily cashflow allocation process with the Funds’ Adviser, communicating accurate instructions to 21 different fund subadvisers. Managed the process of establishing new intermediary relationships for custodians to access funds, including: reviewing shareholder service agreements with Funds’ Counsel, reviewing due diligence (e.g. FINRA and OFAC checks) materials to ensure regulatory compliance, and working with Transfer Agent on the accurate set up and daily trading of custodians’ omnibus accounts. Provide guidance to Fund Accounting on daily fund valuation process, including decisions on fair value pricing. Produce various reporting for quarterly Fund Board Meetings, and present to Funds’ Board, providing updates on both transfer agent and fund accounting activities.

Chicago, Us

Senior Team member responsible for overall client service delivery across all applicable products and services (e.g. Fund Accounting, Financial Reporting, Compliance, Tax, Custody, and Fund Board Reporting) for the largest ‘40 Act Client that Northern Trust services. Coordinated the production and ensure the quality of applicable Client Board Meeting materials and presentations; attend quarterly Client Board Meetings in person, and present the “Administrator’s Report” to the Board. Project lead on all key client initiatives, including: new fund launches, fund terminations, subadvisor additions, and subadvisor terminations. Responsible for keeping the client informed of progress toward all project completions, as well as keeping all service teams engaged and making sure they meet their respective deliverables. Led bi-monthly client service calls, and coordinate all on-site client visits, including annual client due diligence visit.* Managed various aspects of successful conversion of new Client to Northern Trust as Fund Administrator; Division earns over $7 million of revenue annually through this client relationship. * Continued excellent client service provided to new Client over the past year is now leading to cross-selling opportunities of other Northern Trust products and services, potentially leading to an additional $500,000 in annual revenues

Greenwich, Ct, Us

Provided expertise in mutual fund operations, compliance, administration, and sales support, driving improvement in systems, profitability, and partner engagement. Authority for services provided by Fund and Tax Administration Departments, including managing dividend and capital gains distributions for 28 funds. Liasion between Funds' Advisor and 17 Fund Subadvisors, including work on daily cash flows, and portfolio compliance issues. Created Memos for quarterly Board Meetings, and produced and/or audited various Board Reports for inclusion in Board materials, with an emphasis on compliance-related matters.Major Accomplishments:* Initiated use of Equalization tax adjustment for funds with high capital gains, retaining $300M+ in assets for 2 consecutive years. * Audited 300+ revenue sharing payments totaling $12M annually, caught calculation errors made by financial intermediaries in the billing process, and saved $50K+ annually.

Austin, Tx, Us

Held authority over operational functions and issues for the launch of US mutual funds. Made decisions on special requests from clients, banks, and broker/dealers such as resolving service issues, revising account information, updating dividend options, and re-registering accounts. * Drove successful launch of three US mutual funds in 2011 that generated $70M in new assets within the first three months of activity.* Ensured all business agreements assigned by Head of Operations closed on time and without issue, garnering $500M+ in new assets.

Newport Beach, Ca, Us

Provided key market insights while compiling overall market and mutual fund competition data, preparing written proposals of product upgrades and innovations to senior management, and ensuring compliance in marketing pieces. * Developed a Mutual Fund Competition Intranet site that included dashboards on 10 biggest competitors in the Risk Fund-of-Funds Market, side-by-side comparisons against each competitor, and other key information. Led to highest annual mutual fund sales in firm history. * Overhauled the process of ensuring accurate and current disclosure language, cutting 4 days from preparation time and saving $10K+ annually.

Austin, Tx, Us

Simultaneously managed various aspects of daily mutual fund operations, including the production of detailed cash flow reports used by portfolio managers while also acting as client relationship manager for multi-million dollar institutional clients. * Established remote connection with vendor’s Transfer Agent System for efficient reconciliation of internal shareholder account records and vendor records.* Cultivated partnership with the Relationship Manager of the Chilean subsidiary, increasing the number of new accounts and assisting with securing new assets in excess of $200M from Latin American clients.

Promoted from Operations Coordinator (1999-2003), having played an instrumental role in mutual fund operations, compliance, authenticating fund holdings and performance, and acting as primary liaison between back offices and funds’ transfer agent. Ultimately functioned as primary relationship manager for 6 money market funds encompassing $4B in assets. * Solved various operational issues and saved a $250M+ LaSalle Bank client that was threatening to move their account. * Researched and selected electronic trading platform that best distributed money market funds; within first 6 months of activation, funds earned $100M in new assets through the platform and another $200M in assets were retained.