Scott Borecki Email & Phone Number

Tokyo, Japan, Jp

Commercial Paper Trading for Banking Americas

Tokyo, Japan, Jp

Multiasset Sales Management

Tokyo, Japan, Jp

Operations Associate

Zurich, Ch

Triparty Financing:Funded Triparty repo desk and managed collateralization of $80 billion trading book comprising government securities, mortgage backed securities, corporate bonds, and municipal bonds.Developed and implemented strategies in collaboration with the repo trading desk to optimize usage of sub-investment grade bonds as collateral for repurchase agreements.Supported Project Titan conversion of repo desk assets from JP Morgan Chase to the Bank of New York and maintained a reconciliation balance sheet to prevent money discrepancies.Wealth Management & Mortgage Backed Security Trade Support:Ensured daily trade settlement for regional Wealth Management branches and coordinated with brokerage counterparties to resolve outstanding trade differences.Organized project to map all counterparty accounts and reduced TMPG fail charges by 15%.Trained London-based UBS employees to perform critical clearance and settlement functions to ensure business continuity as outlined by the Fed’s White Paper.Client-Aligned Services:Helped launch the fixed income client-aligned services group that was tasked with addressing trade discrepancies along the trade lifecycle and communicating the resolution to UBS clients.Designed, built, and delivered daily reports based on client requirements.

Zurich, Ch

Studied the financial products utilized by UBS and participated in trading simulation programs.Researched employee retention rates and expenses for external hiring. Presented analysis to senior management and provided recommendations to reduce turnover.

Hackensack, New Jersey, Us

Optimized money movement strategies to guarantee full FDIC insurance of clients’ funds among participating banks while minimizing the number of transfers.Analyzed regulatory bank data specifications to assist programming designers in developing the insured-deposit operational software.Oversaw SAS 70 audit compliance by reviewing and documenting daily procedures.Monitored data transmissions to clients and communicated money transfer requirements.

Zurich, Ch

Third-Party Stock Loan:Improved collateral assurance by updating internal databases for fluctuations in stock factors, rates, shares, and money.Processed payment instructions for corporate actions and confirmed daily wire values.