Michael Easter Email & Phone Number

San Francisco, California, Us

San Francisco, California, Us

-Partnered with Technology, Corporate Accounting, and outside consultants identifying defects for JIRAs,tested new deployments in UAT, and provided SME guidance for systems conversions.-Enhanced data analytics reporting, streamlined processes, and ensured quality control testing around new system enhancements.-Designed complex SQL Queries to capture bond principal payments accurately reporting $50mm in monthly paydown economics.-Built Prepayment Models reporting unrealized PNL impact on a monthly balance sheet of $40BB.-Built analytical reports through excel models and SQL showing trends in RMBS Yields and Settled Balances used for month end commentary.-Built a recon between the System of Record Trial Balance and General Ledger at the position level cleaning up over $200mm in Balance Sheet straddles.-Leveraged advanced SQL and excel to build a model to forecast yields and net interest income on MBS from turnover metrics.

San Francisco, California, Us

-Led firm-wide effort to transition Independent Pricing Verification from Product Control to IPV for all cash securities on the Broker Dealer.-Managed 3 associates covering 7 lines of businesses and approx $36.6BB in securities for price verification.-Ensured accuracy of desk marks at month end, Balance Sheet completeness, and engaged third partyvendors on pricing methodologies.-Constructed Pricing Packages and led monthly pricing meetings with Desk Heads and Market Risk for the CMBS, ABS, RMBS, and Credit Desks.-Assembled monthly Alternative Procedures Memos for testing the One Vendor, No Vendor, UnchangedPrice, and Zero Price Cash Populations averaging approximately $8BB market value.-Implemented Vendor Challenge Processes and submitted approximately 500 challenges per month across 5 vendors.-Developed valuation testing policies, procedures, and playbooks for all 30 cash product types across thefirm.-Improved management comfort on No Vendor CMBS DUS, Agency ARMS, Agency CMO, and Forward TBA products averaging $187mm market value by Implementing new pricing methodologies.

San Francisco, California, Us

-Collaborated with Technology and Operations building a one stop shop web based application for all PNL reporting functions.-Coordinated monthly pricing meetings with front office and market risk partners, ensured the accuracy of daily PNL reporting, and monitored the Balance Sheet for Asset Backed Finance Trading Desks.-Automated the 24.4 Quarter End FAS 167 Disclosure using SQL Server database processes to report$40.5BB in annual new issuance.-Automated processes around Forward Settling TBAs and collaborated with Derivatives CorporateAccounting to comply with new FIN 41 netting policies.-Wrote SQL Scripts providing security level detail for trading asset and yield movement commentary.-Built a process to strip out daily drop PNL on passthrough securities enhancing Clean PNL reporting.-Implemented policies and procedures negating intercompany trading on RMBS Forward Settling TBAs for the quarterly 7.10 submission.

Charlotte, Nc, Us

-Worked with Front Office and IT partners to incorporate new Front Office Systems into the Middle OfficePNL reporting process.-Developed process improvements to tie out the PNL to the YTD GL intra-month, month end, and quarter end.-Supported over 15 traders in Structured Products Trading, while reporting average daily trading volumes of $200,000,000.-Acted as liaison between Front Office, Back Office Operations, and Finance to ensure timely and accurate reporting of Trading Revenue.

Charlotte, Nc, Us

Served in a role on the Accounting Team in Back Office Operations. Responsible for performing daily reconciliations between different operations systems and the General Ledger. Interacted with Back Office groups and management to clear material exceptions across all product types within Global Fixed Income. Also served in a project management role by enhancing controls and performing process improvements to make the recons more efficient.

Charlotte, Nc, Us

Member of the Secondary Marketing Finance Team with responsibility for various accounting and financial reporting functions including preparing general ledger entries, preparing internal financial statements, forecasting GL activity, and interacting with the Trading and Middle Office teams within Secondary Mortgage on settlement issues.-

Charlotte, Nc, Us

Served on the Accounting Recon Team with the task of reconciling daily Demand Deposit Accounts and reporting exceptions to the Credit Services Department.