Richard O'Malley Email & Phone Number

Jacksonville, Florida, United States

Jacksonville, Florida Area

• Manage the implementation of FASB ASU 2016-13 “Measurement of Credit Losses on Financial Instruments” Project for Ameris Bank
• Leverage the completed gap analysis and designed a detailed implementation roadmap for CECL compliance within the required timeframe
• Created CECL Project Charter, all key project artefacts, and established CECL Governance Structure
• Worked with quantitative analyst and third party software vendor to document the CECL model … Show more
• Worked with quantitative analyst and third party software vendor to document the CECL model design and development process to ensure model delivery by specified due dates.
• Managed the project plan, weekly team meetings, and issues log.

Jacksonsonville, FL

• US Lead for FSIP (Frankfurt Strategic Integration Program). Assessed US specific systems, processes, reconciliations, and user defined applications to prepare Deutsche Bank for Brexit. Liaised with Global P&L and.
• Project Manager for remediation of audit… Show more
• Project Manager for remediation of audit issue on consolidation accounting logic differences between the Bank’s financial reporting system SAP and the regulatory reporting system Axiom. Wrote business requirements to.
• Migrated Commercial Real Estate structured trades onto Risk Engine system which resulted in a $300M reduction in RWA. Trained offshore team in Mumbai on how to run P&L on Risk Engine platform and resolve P&L breaks.
• Managed team of 3 Quantitative Analysts to test prototype spreadsheet models developed by the Quantitative Services Group, DB Analytics, and Front Office that were implemented to produce Risk Based P&L attribution..
• Recruited and hired Data Quality team in Jacksonville. Conducted root cause analysis and drove the resolution on high priority data quality issues across numerous product types and source systems. Data Quality team.

Greenwich, CT

• Managed FrontPoint’s fixed income fund accounting team that calculated accurate daily performance and NAV for FrontPoint’s fixed income funds and three long/short equity funds.
• Resolved issues between FrontPoint’s support areas and CITCO the fund administrator, verified pricing on all fixed income products, fair value securities, and derivatives. Reduced the time needed to calculate month end.
• Automated existing PL and Mark to Market… Show more
• Automated existing PL and Mark to Market reconciliations using Excel macros which significantly reduced time and allowed reconciliations to be performed daily versus monthly basis. Show less

Chicago, IL

• Managed a staff of 30 professionals in TRS Middle Office. Re-organized departments to create a dedicated TRS on Loans, Trade Support, Data Maintenance, and a Structured Trading team to create specialization and.
• Developed tracking scorecard to capture key metrics such as P&L… Show more
• Developed tracking scorecard to capture key metrics such as P&L variance to general ledger, P&L volatility, capacity, operational losses, trade volume, and balance sheet substantiation. Proactively addressed issues.
• Dramatically improved risk reporting and event monitoring for the Pension and InsuranceDerivatives Business. Created several new reports to analyze market to book value trends, treasury rate tests, deposits and.
• Managed project to complete the development of new Stable Value Wrap system (SVW). Wrote specifications and performed UAT on new functionality and numerous enhancements including the automation of customer statement.

New York, NY

• Managed a Middle Office staff of ten professionals and led the effort to develop risk management and P&L infrastructure for new Bank Owned Life Insurance product. Wrote specifications, designed enhancements and.
• Analyzed bespoke Total Return on Swap contracts to develop specifications and automate criteria monitoring… Show more
• Analyzed bespoke Total Return on Swap contracts to develop specifications and automate criteria monitoring, performance triggers and risk reporting for Chase’s 10 Billion Secured Loan Trusts (CSLT) portfolio using.

Bachelor Of Arts - Ba, Business Administration And Management, General

Master Of Business Administration - Mba, Accounting And Finance

Master Of Business Administration - Mba