Patrick Castel Email & Phone Number

Greater New York City Area

• Compile and analyze company’s cashflow forecast and prepare variance analysis and management report. Initiate wires, Check Run, send file to bank, and monitor and execute Positive Pay reports.• Responsible for managing liquidity, cash management, and banking relationships. Ensure cash and accrual entries are booked accurately. Prepare general account reconciliation and analysis reports. • Treasury’s primary point of contact to external auditors. Prepare audit analysis as needed.… Show more • Compile and analyze company’s cashflow forecast and prepare variance analysis and management report. Initiate wires, Check Run, send file to bank, and monitor and execute Positive Pay reports.• Responsible for managing liquidity, cash management, and banking relationships. Ensure cash and accrual entries are booked accurately. Prepare general account reconciliation and analysis reports. • Treasury’s primary point of contact to external auditors. Prepare audit analysis as needed. • Well versed in Net Restricted Assets and NYPMIFA. • Oversee 50 external investment managers. Collect investment transaction and return data. Prepare mark to market journal entries. Maintain investment return model updating monthly and reconciling model to the general ledger. Execute investment initiatives as decided by the Resource & Investment Committee. Prepare monthly investment report to be distributed to the Vestry and resource committees. Show less

• Responsible for the control of import transactions including management of Letter of Credit activities and wire transfers. Purchase foreign currencies to meet non-US dollar responsibilities. Provide weekly/monthly reports of Letter of Credit activity. Project short term cashflow and availability.• Serve as Cash Manager. Establish the short and longer term funding needs of the firm by matching all sources and uses of funds and determining the firm’s net cash position. Prepare weekly… Show more • Responsible for the control of import transactions including management of Letter of Credit activities and wire transfers. Purchase foreign currencies to meet non-US dollar responsibilities. Provide weekly/monthly reports of Letter of Credit activity. Project short term cashflow and availability.• Serve as Cash Manager. Establish the short and longer term funding needs of the firm by matching all sources and uses of funds and determining the firm’s net cash position. Prepare weekly asset based borrowing and monthly financial statement reports for bank funding purposes. Manage intra-day and end of day daily balances. Reconcile accounts to the general ledger. Show less

• Assisted and educated clients on TIAA product lines, including fixed and variable annuities, loans and IRAs. Discussed tax implications of withdrawals based on age, purpose and type of account and/or contribution. Assisted with cash flow statements and compared annuitization versus minimum distribution.

Targeted, cultivated and solicited sources including individuals, corporations, and growing businesses. Established, sustained and grew client rapport through relationship management techniques. Analyzed current and prospective portfolios and suggested strategies to reduce risk and/or increase return. Organized and conducted seminars on Asset Allocation, Retirement Planning, and Fixed Income products.

• Traded seven foreign currencies for a house account valued at $17 million, using swaps and hedging strategies to minimize risk exposure. Purchased pounds sterling to service a 50 million pounds sterling loan for Prudential Securities Group, Inc. Swap Canadian currency for Canadian operations. Directed, verified and approved wire transfers. Ensured accuracy of transactions on a daily basis.• Managed a project to safeguard the firm’s assets by reviewing transactions and security… Show more • Traded seven foreign currencies for a house account valued at $17 million, using swaps and hedging strategies to minimize risk exposure. Purchased pounds sterling to service a 50 million pounds sterling loan for Prudential Securities Group, Inc. Swap Canadian currency for Canadian operations. Directed, verified and approved wire transfers. Ensured accuracy of transactions on a daily basis.• Managed a project to safeguard the firm’s assets by reviewing transactions and security procedures from 15 major exchanges. Analyzed procedures and recommended improvements to enhance security. • Developed comprehensive procedure manuals for commodities desk, major banks funding desk and foreign currency transactions. Evaluated corporate and regulatory standards to ensure compliance of all procedures. Show less

Unc Treasury Management Program, Strategic Track - Treasury

Certified Treasury Professional (Ctp)

Master Of Business Administration - Mba, Finance

Bachelor Of Arts - Ba,, International/Global Studies