Michael Vitale Email & Phone Number

Senior Group Manager of Business Technology Liaison team, responsible for trade processing systems and applications.Responsible for trade confirmation creation process, ensuring compliance with SEC Rule 10b-10 and MSRB Rule G-15.Review existing processes for the purpose of maximizing efficiencies.Responsible for regulatory oversight and reporting; CAT, MSRB and TRACE.Manage Middle Office Operations and Enterprise Rules Engine.

Orlando, Florida Area

New York, Ny And Miami, Fl

Managed operational duties across trading lifecycle including confirmation, cash reconciliation, forex hedging, corporate actions, counterparty exposure, report monitoring and risk management. Responsible for onboarding qualified investors.Developed forecasting, budgeting and financial analyses to help evaluate business planning and decision making. Created models to track and analyze historical and current financial data including AUM, revenues and flows. Managed all vendor relationships.

Served as a top contributor and subject matter expert on all aspects of global clearance and settlements.Distributed clearing and custody solutions to both existing and prospective clients. Developed KPIs and KRIs to track and monitor the efficiency of our clearance and settlement teams. Registered 24 Supervising Principal within Global Clearance. Developed and maintained strategic client relationships, engaging with senior leadership to provide consultative, value-added services. Responsible for evidencing that strong governance arrangements were in place pertaining to Operations. Established, maintained and reviewed policies and procedures as it relates to FINRA Rule 3130.

Jersey City, Nj

Managed all aspects of Global Clearance including but not limited to domestic, international and government settlement functions.Worked closely with Credit Risk Management to institute the use of Continuous Linked Settlement (CLS), mitigating settlement risk on forex transactions.Partnered with Senior Managing Counsel to establish a process to streamline the exchange of 144(A)/REG S/AI securities. Responsible for staff performance evaluation and development plans.

Jersey City, Nj

Managed daily operational duties of Syndicate Processing team.Eliminated margin financing of private label issuers, reducing exposure to Pershing’s credit facility.Worked to develop automation to ensure IPO margin requirements are calculated at 100% for at minimum 30 days following pricing.Worked closely with Technology to implement and automate processes. Managed distribution and settlement of lead and co-managed underwriting of all fixed income and equity product types. Acted as a Super Access Coordinator (SAC) for DTC functions, including UW Source.Managed DTC IPO tracking system.

New York, Ny

Senior Analyst responsible for ECM Division equity underwriting distributions.Worked closely with Investment Banking Division’s team lead to coordinate equity underwriting lifecycle from road show to post settlement.Responsible for ensuring co-manager and selling group member allocations were booked timely and accurately.

Worked closely with our introducing broker dealers and Depository Trust Company (DTC) to ensure the timely settlement of new issue underwriting.Completed allocation balancing to ensure seamless settlement between firm trading and customer accounts.Represented Pershing on various industry committees, including the Syndicate Operations Association (SOA) and DTC’s Round-Table to design and implement UW Source.