Michele Bogdan Email & Phone Number

Chicago, Il, Us

Greater Chicago Area

• Responsible for analyzing and reporting on the profitability of the firm’s Chicago floor operations via monthly and quarterly P&L’s.• Tracked payments to company vendors and investigated operations’ departmental spending via the GL and vendor invoices.• Compiled departmental expense analysis for company managers and senior management in order to initiate cost savings plans to increase departmental profitability.• Reported on profit and loss of company salesmen in order to determine their monthly payouts and company income based on each salesman’s productivity and profitability

• Designed and implemented new global account opening documentation paperwork.• Devised and launched an online account opening system, increasing productivity and efficiency of opening customer accounts.• Trained customer accounts department on use of new account opening documentation, as well as the use of the online account opening process.• Designed and created a customer information database to store all pertinent client statistics, and to be used as a front end system for other back office operational tools and systems.• Worked closely with outside consulting firm, and internal IT staff to build, test, and launch this data warehouse.

• Responsible for day to day operations of the firm’s global account opening department.• Reviewed and approved customer accounts to ensure industry and company account standards and policies were met.• Managed a staff of 10-15 people, including hiring, training, disciplinary action, termination, and day to day direction of employees.• Supervised the accuracy of customer account documentation and data input of customer accounts into global customer account database, within a firm opening from 25-100 accounts daily.• Developed new and more effective department procedures in order to increase department productivity & handle customer inquiries in a more efficient manner.• Initiated the gathering of data and compiled reports for senior management regarding firm’s customer accounts and account status.• Worked closely with Senior Management in integration of other firms’ processes, staffs, and customers during corporate buyouts and acquisitions.

• Worked with Compliance Officers to ensure completion of 4G requests, CFTC Form 40’s, and Form 102’s daily for the firm.• Researched account statements and documentation in compiling information for any exchange related, regulatory, or customer issues or litigations. • Responsible for the facilitation of management and incentive fee payments to CTA’s• Created and implemented a database to store Fee Payment Authorization documentation, making payment processing more efficient, by cutting processing time in half..