Peter Storm Email & Phone Number

New York, NY, US

New York City Metropolitan Area

• Manage Costs, Revenue, Risk Weighted Assets and Return on Equity including, monthly performance, forecast and budget for the Equities and Investment Banking Divisions, a combined, £1.0 billion, 5,000 headcount.
• Responsible for monthly Senior Management financial review and presentations for the divisions that I support, the audience includes the CFO and the respective business heads. These meetings are critical for making key.
• Responsible for various profitability scenario analysis in helping the business decide which businesses and regions to invest or depart
• Annual strategic long-term fiscal target setting used as benchmarks for estimating profitability in future years
• Global analytics and executive commentary of performance – month over month, spend vs. budget and forecast, forecast vs. budget, current year vs. prior year for costs and revenue
• Analyze and quantify multiple drivers behind variances, anomalies, and volatilities such as regional FX impact, accrual releases, business reasons to change in plans

• Manage direct expense fiscal support, including forecast and budget for Global Investment Bank Support, a $500MM, 3,000 headcount division based primarily in Americas, Europe, and Asia
• Managed Non-Comp portfolio of $125MM, including variance and trend analysis, budget and forecast, implementation and management of control of spend.
• Created and implemented all Senior Management reporting and presentations
• Responsible for analysis of key performance indicators that assisted in making business decisions around efficiencies and investment.
• Strategic long-term fiscal and exit target setting used as benchmarks and KPI’s for calculation of forecast and proceeding budget.
• Global analytics across various levels – month over month, spend vs. budget and forecast, forecast vs. budget

• Responsible for analyzing monthly performance results, review actual versus plan, forecasting and trending all future revenue and expenses based on market sensitive and non market sensitive factors.
• Responsible for making market projections based on the movement of the firm’s book of assets compared to the fluctuation in the overseas and domestic equity and fixed income markets.
• Responsible for managing a market hedge on revenue based on the firm’s book of assets.
• Develop, implement and manage strategy to improve profitability for existing clients with negative profit margin.
• Supervise collection of all aged receivables to prevent write-offs for my products.
• Primary liaison with business executive to formulate the yearly revenue and expense plan and run rate for several products that I support.