Mitchell Mcdermott Email & Phone Number

Wilmington, De, Us

Wilmington, Delaware, United States

Responsible for CCAR Risk reporting for NAM CardsMonitor Macro-economic trends to create early warning system for increased portfolio riskManage the enterprise wide Limit and Threshold reporting for regulatory purposesOn a regular basis monitor and report on portfolio level Basel metrics like RWA and Risk Capital

Newark, Delaware

• Manager of the Risk Reporting team consisting of 12 employees, responsiblefor daily production of risk reports, CCAR reports, and Regulatory reports• Measured the impact of macroeconomic changes to the firms PnL• Created a new risk model using Z-score and various other statistical measures to capture outliers and anomalies within the data. • Significantly reduced the teams operating errors• Specialized in Fixed income, Swaps, FX, Options, and Futures… Show more • Manager of the Risk Reporting team consisting of 12 employees, responsiblefor daily production of risk reports, CCAR reports, and Regulatory reports• Measured the impact of macroeconomic changes to the firms PnL• Created a new risk model using Z-score and various other statistical measures to capture outliers and anomalies within the data. • Significantly reduced the teams operating errors• Specialized in Fixed income, Swaps, FX, Options, and Futures contracts• Produced the investment banks VAR report on a nightly basis after all trading• Created a student of the markets group that took articles out of WSJ and tied it to our risk reports to give real world knowledge to the junior employees. • Reduced manual processes by automating a large amount of functions Show less

Wilmington, Delaware

Pricing regional team lead

Wilmington

Managed the development of new tools to handle the growing scope of business that grew from 1.3 trillion to 4.1 trillion assets under management.Manager and provide operational/valuation oversightTroubleshoot daily operations to reduce operational riskCoordinate with Portfolio Management to ensure accurate and timely pricing.provide valuations support for daily mutual fund pricingWork on automating daily tasks through VBA, SQL, PYTHON and UNIXProvide monthly admin… Show more Managed the development of new tools to handle the growing scope of business that grew from 1.3 trillion to 4.1 trillion assets under management.Manager and provide operational/valuation oversightTroubleshoot daily operations to reduce operational riskCoordinate with Portfolio Management to ensure accurate and timely pricing.provide valuations support for daily mutual fund pricingWork on automating daily tasks through VBA, SQL, PYTHON and UNIXProvide monthly admin support for non mutual fund valuationsInitiated and wrote extensive SQL queries for data mining and statistical analysis. Show less

Performed Cash reconciliations every morning for account performanceCommunicated with brokers and banks to resolve failed tradesUpdated overnight sweep rates within our databases

Provided threshhold reporting assistanceAssisted with SEC audits to limit billable hours against our fundsInstructed traders how to fix compliance breaks with-in funds