Michael White Email & Phone Number

Director of Brokerage Operations- ReconciliationsOversee the daily operations of the reconciliations team in reconciling all clearing accounts, settlements accounts, control accounts, collateral accounts and banking accounts. Perform the physical quarterly box count. Director of Brokerage Operations- Previous duties at Penson Financial Services included overseeing the daily operations of the Fail Control team, Domestic Settlements team, Buy In's team and Dealer Cashiering team (Collateral Management, Cash Management and Firm Financing). Responsible for a combined total of 25+ team members under my supervision.Manager of Purchase and Sales Department for 3 years at Computer Clearing Services from October 2002 to November 2005, prior to Penson’s purchase of Computer Clearing Services.

Overseeing all trade processing and comparisons. Responsible for balancing daily trade reports (N.S.C.C., Trade Blotter, C.N.S., X-Clearing and Listed Trades). Assisted executive management with special projects. Managed department personnel and procedures. Processed all legal documentation for the registration and renewal of the firm in all states. Relief for broker dealer, Distributions, Reconciliation, Reorg, Dividends, NSCC / DTC, A.C.A.T.S, and handled New Accounts in the absence of executive management.

Operations SpecialistAssisted in running and processing the daily activity in all aspects of Operations, such as Customer Relations, ACATS, New Accounts, and Settlements. Back Office support for approximately 15 licensed representatives. In addition, I assisted our Compliance department with CRD filings and special projects.

Liaison for Washington Mutual Bank, WM Financial Retirement Department, Financial Consultants, Operations Personnel, and Fiserv Clearinghouse. Position duties include check reimbursement, IRS reporting adjustments, registration corrections, assisting with 1035 Exchange Rollovers, Mutual Fund conversions, Non-sufficient funds, reporting to the Financial Consultants for RMD's, preparation of spreadsheet logs. Relief for Multi-Million dollar deposit, retail, and IRA Settlements, Mutual Funds, and Money Market sweeps. Assist in the verification of special bulk conversions.

Overseeing all trade processing and comparisons. Responsible for balancing daily trade reports (N.S.C.C., Trade Blotter, C.N.S., X-Clearing and Listed Trades). Assisted executive management with special projects. Managed department personnel and procedures. Processed all legal documentation for the registration and renewal of the firm in all states. Relief for broker dealer, Distributions, Reconciliation, Reorg, Dividends, NSCC / DTC, A.C.A.T.S, and handled New Accounts in the absence of executive management.

Overseeing all trade processing and comparisons. Responsible for balancing daily trade reports. Processed all legal documentation for the registration of the firm in all states. Relief for Reorganization, Reconciliation, Broker Dealer, and A.C.A.T.S.

Purchase and Sales Analyst Balancing daily reports (Midwest, N.S.C.C. Contract Sheets - Buy and Sell, Omnibus Accounts, C.N.S. and X-Clearing). Assisted management with special priority projects (S.E.C. and N.A.S.D. Audits).Customer Service RepresentativeHandled high volume of customer inquiries. Researched and dictated written replies. Correlated correspondence, customers and inter-office personnel. Assisted in the monthly stock inventory.

Customer Service Representative/ Assistant ManagerHandled customer inquiries and provided quotes. Reviewed application and medical forms. Ordered Physician's Statements and additional documentation, as required. Supervised staff in the absence of management.Agency ProcessorProcessed documentation for registration of field representatives in the Western Region.