Patrick Sheridan Email & Phone Number

Washington, Dc, Us

Mclean, Va, Us

Lead on Asset & Liability Management desk managing the market risk on a multi-billion dollar real estate portfolio.

Mclean, Va, Us

Hedge the interest rate risk for multibillion dollar Multifamily real estate loan pipeline. Place internal interest rate swaps. Produce hedging gain/loss reports. Manage database containing all portfolio & hedge related data. Maintain daily automated excel/VBA reports. Create P&L and risk reports using Python to calculate complex structured financial models. Perform project management across divisions for new business initiatives. Manage portfolio’s risk limits. Main tools used on daily basis:Excel, Python, SQL Server, VBA, Access, SAS, Blackrock Aladdin applications, Bloomberg.

Mclean, Va, Us

Mclean, Va, Us

Hedge the interest rate risk for multibillion dollar Multifamily Kdeal loan pipeline. Place internal interest rate swaps. Produce hedging gain/loss reports. Manage database containing all portfolio & hedge related data.Produced historical back testing analysis on CDX IG Swap & Swaption spread hedging strategies through the use of Bloomberg's CDX model & excel API functionality. Work with capital markets, finance, accounting, legal & tax divisions within company to set foundation for new product type for spread hedging initiative.Main tools used on daily basis:Excel, Bloomberg, SQL Server, Blackrock Aladdin applications.

Mclean, Va, Us

Currently focused on hedging Interest Rate Risk for Multifamily whole loan pipeline for KDeal securitizations.- Manage daily hedging procedures (Monitoring updated Risk metrics/new rate locked loans, making hedging decisions and executing inter-company swap orders with ALM desk)- Creating more efficient tools for monitoring portfolio/hedges (Tools used include Bloomberg, Blackrock Systems Applications, Intex Dealmaker, Excel)- Provide backtesting analysis & suggest hedge strategies for hedging spread risk using Swaps/Swaptions on CDX IG index.- Provide Weekly & 3 Day Cash Funding/Securitization Forecasts.Previous Responsibilities:Risk Transfer Deals- Provide due diligence on risk transfer deal for external investors - Creating Data tape, Gfee costing, data/loan population research, working with legal & other internal parties to develop operational functions.Pricing:- Pricing spread on new quotes for potential loans to add to Multifamily Portfolio - Process/Calculate Yield Maintenance Waiver/Refinancing RequestsCosting:- Calculate the Gfee for securitized deals- Calculate the ROE for securitized deals- Costing Application - Running costing application for all rate locked loans every month - Creating work around process for Loans/Product types that cannot run through Costing App - Working with IT & Project Management for developing/testing enhancements to the Costing App - Working with Finance to assure monthly financial closes will proceed as planned by submitting DCRs for missing finance costs when necessary. - Produce Monthly/Quarterly slides for Kdeal trading & MF Business performance.Strong skillset in excel, bloomberg (including API/Excel formulas), Intex Dealmaker, Blackrock Systems Applications, SQL Query language (Rapid SQL, MSQuery, etc.). Background in using C++, JAVA & Matlab languages

Mclean, Va, Us

Rotational ProgramSingle Family Sales Reporting & Analytics (02/15-04/15)- Assist in enhancing pricing’s and sale’s understanding of the competitive landscape at the Single Family segment and seller levels.- Perform market share and profitability analysis around set of National customers as well as Community/Regional segments.Asset & Liability Management (08/14 - 01/15) ALM team is responsible for managing portfolio's interest rate risks• Generate daily reports for the group throughout the day.• Assist in forecasting the risk position for the portfolio at the end of the day. • Tracking execution statistics for the team and maintain trade blotters and assist in trade reconciliation at the end of the day.• Assist in writing weekly commentary that summarizes flows in the market and the trading desks activity for the week.• Perform rate & vol close of business duties• Maintain & update model volatility & skews used for trading decisions• Track portfolio trading & provide effect to risk measures through scenario analysis on a weekly basisNPL Accounting & Credit Enhancement (02/14-07/14)- Assist in monthly close for Non-performing loans and credit enhancement group- Perform monthly control scripts for new automated accounting systemFinance Change Management (07/13-02/14)• Assist in gathering business requirements, business rules, and edit Business Requirements Documents (BRD).• Assist in developing Process Flow, Data Flow and Context Diagrams.• Assist and perform BRD review sessions with SME, and Change Leads.• Clarify questions on business requirements. • Perform Data Analysis, Write test scripts and SQL Queries.• Assist in developing Test Strategy and Plan.• Develop and Execute Test Cases and support controls testing.• Produce extensive project documentation on Test results.• Collaborate with IT on systems requirements and systems testing.

Mclean, Va, Us

Summer 2012 Internship program. Working in the Finance Division under Investment & Capital Markets team.● Assist in the monthly fair value attribution process of Freddie’s asset, debt, and derivatives to the interest rate risk measures of duration, convexity, and Vega● Validate Freddie’s daily interest rate risk report for ALM trading desk including VaR (Value at Risk) under various interest rate scenarios as well as risk positions across key rate durations● Prepare daily ALM P&L report for Freddie Mac’s ALM trading desk● Report on monthly market conditions for finance division’s monthly deck including market-driving news stories, economic releases, housing data, and changes in the LIBOR curve● Running data queries using Rapid SQL● Run weekly Intraday trading report to updating any trades/bonds maturing