Stephen Codd Email & Phone Number

San Francisco, Ca, Us

San Francisco, Ca

● Started the FX Operations Department, aligning staffing and strategies with compliance standards.● Created and executed business plan, procedures, and workflows in line with the FX Global Code.● Worked with management and cross-functional teams to set operational goals, risk controls, and system requirements.● Tested and launched a new FX platform “FX STAR” and ensured a seamless transition. ● Implemented customer-facing FX portal that grew our customer base, transactions, USD notional, and revenue.● Coordinate testing and go-live of upgrades and patches for FX platform and SWIFT bureau.● Manage Nostro accounts and analyze data to explore new currencies and negotiate banking relationships.● Work with clients, trading, sales, legal, and vendors to drive initiatives from concept to completion.● Produce and disseminate monthly reports that document revenue, budget, client credit limits, and exposure.

Bridgeport, Ct And San Francisco, Ca

● Managed a team of 5; conducted interviews, oversaw new hires, and delivered performance reviews. ● Handled operations of foreign checks, drafts, banknotes, wires, trades, and foreign currency accounts. ● Responsible for implementation of foreign exchange policies and procedures. ● Investigated and resolved foreign exchange transaction cases. ● Oversaw gross foreign exchange settlements exceeding $2 billion in 2020. ● Maintained Nostro accounts and correspondent banking relationships. ● Created cost-benefit analyses to expand into new currencies and establish negotiating terms for new Nostros. ● Nurtured vendor relationships including initial due diligence on prospective vendor systems and applications. ● Produced and disseminated reports including but not limited to revenue and client trading credit limits and exposure. ● Collaborated with different groups, such as clients, trading, sales, legal, middleware, and enterprise architecture to take initiatives from idea to completion. ● Coordinated testing and implementation of upgrades and patches for FX system and SWIFT bureau.

● Perform regular tasks including but not limited to daily and monthly general ledger reconciliation, end of day transactions review, monthly and quarterly Treasury reporting, and foreign currency trade reporting.● Identify inefficiencies in workflows and internal controls, develop and employ improvements.● Designed procedures and executed the migration of foreign currency trades for open syndicated loan and customer trades from third-party system with counterparty banks to Wells Fargo Nostro accounts.● Collaborated with other departments to create, review, and implement key aspects related to Treasury Operations functions for Misys Opics integration. Cross-trained Treasury Operations and FX operations staff.

● Coached and trained banking center team to process transactions and execute interactions accurately and efficiently in accordance with established policies and procedures while maintaining the highest standards on AML/BSA knowledge and reporting.● Ensured banking center was compliant and within federal regulations at all times.● Created workforce stability by cultivating an engaged, spirited and well-coached team.● Supervised scheduling of staff on a monthly basis.● Increased semi-annual branch audit from a Satisfactory rating (93.2% prior to arrival) to an Excellent rating (97.3%) within first twelve months.● Increased monthly virtual branch audit score from a 95.57% average score prior to arrival to a 99.06% average score within first twelve months.

● Excelled in all aspects of banking system conversion. This led to spending a week in the Keene, NH branch in July 2010 and the Wading River, NY branch in June 2011 training and supervising branch staffs during their conversions.● Experienced and knowledgeable in AML and BSA; coached staff on layering, structuring, and what type of suspicious activity to look for in customer transactions.● Achieved the highest audit rating of Excellent in all three internal bank audits during my time in the position.● Handled all aspects of monthly and quarterly branch audits.● Supervised scheduling of staff on a monthly basis.● Managed all operational activities including cash levels, supplies, inventory, and branch balancing.● Diligently managed all cash items, error notifications, teller correction notifications, and account non-conformances.● Held operational meetings on a monthly basis to disseminate new policies and procedures.● Developed and mentored four new employees, as well as two Regional Management Trainee’s.

● Led, developed, and mentored the sales and service staff of 8 in Charleston, SC and the surrounding areas.● Held weekly meetings to review previous week’s results, as well as lay out the groundwork for the coming week.● Performed week-ending cash reconciliation and business close.● Responsible for managing and overseeing 200 accounts including ensuring quality service, up-selling current accounts to solicit new business, maintaining quality relationships with current clients, and developing and implementing new products and services.● Supervised staff on a daily basis including setting weekly and quarterly goals, creating and implementing training regimen, holding weekly meetings, and creating weekly route schedule for each employee.● Followed-up with clients for collection of past-due invoices.