- Co-head both 30yr Specified and GNMA flow book- Manage Specified Pool position of $10bb+ across all agencies and coupons with focus on Call-protection, Seasoning, and Non-Deliverables- Make markets on all GN and G2 swaps and rolls during New York and Overseas trading sessions- Take positions based on a combination of market technicals and personal views. Actively trade UST,Futures, and Basis as a trade expression and/or for hedging purposes- Continuously interact with customers and use various metrics across coupons, tenors, and buckets toidentify attractive trades based on their appetite for yield/spread, extension, and call-protection- Back-up 30yr Conventional Flow and 15yr Flow/Spec book

• Lead Pass-Through trading initiative, with focus on specified pool trading and relative value positioning • Established Oppenheimer as an active participant in the MBS market by forming relationships with buy-side and sell-side accounts

Flow Trading• Responsible for trading secondary 30yr flow book, which was profitable and positive since inception (approx 1.5% return on balance sheet in 2009)• Made markets in 30yr conventional TBA (FNMA and FGLMC) in addition to GNMA and GNMA II• Actively traded in the UST and US Rates market, primarily for hedging purposes• Maintained exclusive customer base of about 20 accounts, including bank portfolios, money managers, originators, hedge funds, and regional dealersSpecified Trading• One of three traders responsible for trading and managing the risk of a +$20bb specified portfolio• Traded and marketed conventional pools with seasoning and loan balance in addition to non-deliverable pools including IOs, jumbos, relos, prepay protection, and 40yr pools • Initiated dialogue with research, clients, and sales to generate trade ideas

• Supported Emerging Markets trading desk (over $1b in P&L) by calculating, validating, and reporting risk arising from market exposures across all capital markets in Latin America• Validated and approved new product valuation models. Examples include Range Accrual Notes, Cross-FX Forwards, Cancelable Cross-Currency Swaps, and Inflation Swaps• Reconciled changes in first order (DV01, CS01, FX01) and second order (Vega and Gamma) sensitivities with trading activities carried out by desk• Calculated and reported sensitivities, Value at Risk, Loan Equivalent Exposure, and Economic Regulatory Capital for approximately 10 trading books in the Emerging Markets area

• Supported front office by risking live trades in the swap, currency, structured credit, commodity, mortgage, equity, and fixed income markets• Assisted structuring desks by calculating the potential and expected exposure of exotic and vanilla products in all financial markets• Presented volatility overviews of emerging market CDS, EM bonds (Sovereign and Corporate), US Treasury, MBS, and FX markets to senior management on a monthly basis

• Worked with the Systems Analysis Branch at the NASA Langley Research Center• Developed a hybrid methodology which incorporated the Analytical Hierarchy Process (AHP) and Bayesian Belief Networks (BBNs)• Evaluated the impact of candidate technologies and determined risk intensity across scenarios