Michael Bachner Email & Phone Number

Chicago

•Efficiently managed oversight of all option operation teams, including exchange reconciliation, account transfers, corporate actions, general ledger reconciliations, exercise/assignment processing, product pricing, and foreign options. •Responsible for balancing and settlement of all option and equity positions and premiums with the Options Clearing Corporation. •Oversight of all screening, interviewing, hiring, training and employee reviews of option personnel. •Developed, prepared and implemented departmental and team strategies and goals. •Consulted with department managers, programmers and clientele to institute programs capable of processing new business requirements. •Converted internal option symbology adhering to compliance with industry conversion. •Collaborated with department managers to institute new risk management guidelines and programs. •Analyzed and reviewed compliance requirements for Sarbanes Oxley, Large Option Position Reporting and regulatory investigations. •Collaborated and troubleshoot with IT development to create internal system to capture fix messages from varied trading platforms to automate several manual processes.•Developed and maintained relationships with clients to ensure that their expectations, goals and requirements were met.

Chicago

Chicago, Illinois