Robert Labus Email & Phone Number

New York, Ny, Us

Jersey City, Nj

Davies is a global consulting firm specializing in financial services. Our purpose is to accelerate the business, technology, and people performance of our clients and to have a positive impact on our society. We are expert-led specialists across banking, asset and investment management, financial markets infrastructure, wealth management, insurance and reinsurance and we have 300+ staff based across North America, Europe, and Asia.

JP Morgan Chase - Research, reconcile and clear complex cash breaks related to Corporate Actions processing

New York City Metropolitan Area

Researched and cleared hundreds of complex cash breaks, avoiding costly write-offs related to mandatory and voluntary corporate actions event processing. Managed the Lending & Claims process for the US Corporate Actions Team ensuring funds due from other brokers were collected in a timely fashion. Prioritized reconciliation efforts through preparing cash break reports for upper management and assigning risk scores.

New York City Metropolitan Area

Developed and implemented plan, resolving aged cash breaks related to corporate actions processing for custody clients and supervised team comprised of consultants and BNYM employees. Coordinated with the US, Canadian and South American corporate actions processing teams located in Pittsburgh, Everett, MA and India, leading reconciliation remotely from NY. Created and maintained an Access database to produce daily MIS reports for management, tracking progress. Identified root cause issues and developed a change of processes resulting in reduction of new breaks.

New York City Metropolitan Area

Steered small consulting firm specializing in complex reconciliations and problem solving through leading teams of consultants, championing projects on time and on budget, evaluating skill sets and allocating resources. Contracted by large investment banks for expertise in cash and securities reconciliation, corporate actions, account reconstruction and reconciliation and securities lending. Established programs including 401k and Group Health Plan; vetted suppliers, negotiated rates, and selected plans, meeting employee needs.