Peter Mistretta Email & Phone Number

New York City Metropolitan Area

Global Product Risk lead for Securities Services Execution Services and NAM lead for Investor Services

Manage the credit risk exposure for Securities Services Products, inclusive of Direct Custody & Clearing, Investor Services and Issuer Services. Conduct core credit risk monitoring and governance inclusive of: excess credit approvals; monitoring, review and approval of On Exchange Margin and Trading limits; evaluation of high risk clients and credit risk contractual exceptions. Further guide and advise Business on credit risks associated with new products, services and business initiatives, market developments and country/ client downgrades or exceptional exposures. *Conducted deep dive analysis of On Exchange Trade Services, resulting in a series of improved monitoring controls.*Led development efforts for Securities Services product risk web-based training modules.*Implemented global governance model for improved management of overdrafts.*Managed portfolio reviews and credit line right sizing initiatives across all securities services products.

Proactively identify risks and assist in the implementation of appropriate risk policies, procedures and other containment measures for the Secutities & Fund Service businesses. Collaberate with cross functional groups in the review and approval of new products, non-standard contracts, deviations from policy and solutions to new regulatory/ market risk exposure.*Guided business through New Product Approval process for host of new, successful business initiatives inclusive of: ETF, Precious Metals, Derivative Services and Asset Liquidation product launches.*Initiated and coordinated business practice changes in support of new attestation standard for Service Organization Control (SOC1) reports.*Led development of Citi wide training module in support of new Citi Manual Payment Processing (MPP) Policy and drafted SFS MPP Standard to comply with Citi policy.*Worked with Global Products to successfully adopt and implement new Manager Control Assessment (MCA) process and continue to challenge Business assessments.

Oversee risk agenda for Worldwide Securities Services (WSS) North America Client Services. Work closely with Operations Risk Management and across functional management teams to ensure adherence to Firm policies and control businss risks.*Negotiated the transfer of transactional activities from Client Service to Operations resulting in an improved control environment and cost savings/ avoidence in excess of $500K*Spearheaded the replacement of PCs and laptops with virtual desktop terminals that resulted cost saves in excess of $120K and improved business continuity with >70% work from home capability*Implemented key risk control reporting and Risk Committee oversight for Client Service

Worldwise Securities Services (WSS) organization Global Program lead for the usage and deployment of a newly created intranet service portal to help manage customer inquiries across Treasury and Securities Services (TSS).*Executed all major deliverables on time and worked closely with Change Management to successfully implement standard business practices.*Achieved deployment to over 4,000 users across global WSS organization resulting in the capture of more than 100,000 inquiries a month for root cause analysis.*Conducted data analysis that led to business case justification for several system enhancement initiatives.

Managed Custody Relationship for Barclays Global Investors (BGI) and JPMorgan Private Bank in North America.*Helped re-engineer Custody Service Model and successfully transition largest client from Morgan Stanley Trust Company*Played an instrumental role through knowledge of client and industry in the development of Firm Exchange Traded Fund service platform.*Led global client re-pricing efforts

Promoted from managing 5 Account Administrators to managing team of 9 Account Officers and 20 Clerks to support operational and client service activities for 80 U.S. Insurance and Corporate Domestic custody clients.Successfully instituted first Quality Service Team in new Nashville facility.Assisted with new business proposals, participated in sales presentations and coordinated new business conversions.

Worked my way up from Account Representative to Assistant Manager of Brooklyn Branch to Manager of new start-up branch in Staten Island.

Mba, Finace

Bs, Biology And Economics

Activities and Societies: Student Council Off-Campus Representative 1982-83