Scott Posner Email & Phone Number

New York, Ny, Us

Client advisory group for organization looking to optimize current process or develop new state of the art process improvement. Focus on client service excellence as well as capital markets trade support.

Toronto, On, Ca

New York, Ny, Us

Global Head Equity Swaps Projects: Defined, organized, and shared global equity SWAPs change agenda. Managed group of project leads across business enablement, regulatory reform, and operational efficiency. Responsible for project management, requirement gathering, documentation, and test execution. Collaborated with stakeholders across the bank including Sales and Trading, business management, technology, trade support, conformations, settlements, collateral, tax, legal, compliance, regulatory reporting, finance, and treasury. Faced-off to senior stakeholders in the business.• Instituted a new (871M) derivative withholding tax for Equity Swaps and Options• Managed five million Change the Bank Budget• On boarded new strategic customer facing entity to meet new proposed capital requirements Global Head of Equity OTC Derivatives – Trade Support/Middle Office: Developed and implemented control agenda for the Equity Derivatives trade support group. Main contact for front office, technology, controllers, operations, credit, collateral, compliance, legal, auditors, and regulators for all trade support control issues and initiatives. Identification of process improvements, both strategic and tactical. Worked with teams to integrate new products within firm infrastructure. Developed a global team to effectively support trading desks.• Reorganized the equity derivative support team, resulting in better support for the global trading organization• Implemented control environment for 4 Billion dollar Algorithmic Indices business

New York, Ny, Us

Americas Equity Business Control Officer: Responsible for setting control standards to ensure business has front to back control environment mitigating inherent operating risks. Reported to global control officer with dotted line into regional head of Equities. Worked closely with legal, compliance, risk, technology, operations, and audit functions. • Reviewed, challenged, and substantiated control ratings, inherent risks, and residual risks. Deep dived into errors and risk events to ensure control gaps are highlighted and fixed• Instituted action plans making sure material risks were properly mitigated • Lead in coordination of material business regulatory exams. Chaired business control forums and drove agenda to effectively cover critical operating risks• Implemented RCSA review process for Americas Equities• Main liaison for Global Electronic Trading review with the Office of the Comptroller of the Currency (OCC) Americas Equity Derivatives Business Manager: Reported directly to Global Equities CFO and Head of Americas equity derivatives (EDG) Sales and Trading. Key contact to manage and implement goals and initiatives for Americas EDG. Coordinated with core functions within the Investment Bank making sure key initiatives are completed accurately and timely. • Restructured Americas Equity Derivatives Group to be in compliance with regulatory reform (Dodd Frank)• Maintained rigorous expense controls ensuring allocation to group are accurate and fair. Worked on daily, weekly, monthly presentations to represent status on progress of group to senior management• Reduced fixed and allocated expenses to the business by over three million dollars• Created suite of management reports to monitor progress and benchmarked against piers

Miami, Florida, Us

Head of Equity/Equity Derivatives Middle Office: Supported the day-to-day Middle Office operations of the equity and equity derivatives desk. Responsible for trade capture and P&L reporting. Key contact for customer allocations and settlement issues. Maintained stringent control environment. Key liaison for new product implementation.• Developed and implemented the build out of equity middle office, supporting new institution trading and sales desks• Integrated existing buys side infrastructure to support sell side principal trading and facilitating customer trades• Established fix connectivity plan for electronic receipts of equity and equity derivative customer trades, and their allocations• Developed plan for the execution and recording of Over-the-Counter Derivative Products• Planned and built customer billing infrastructure for CMTA billing process

North American Equity Middle Office/Business Manager: Key contact for Global Middle office design and strategic implementation of stringent control environment for: Volatility Trading (Cash, OTC, Listed), Exotics Trading, Convertible Bonds, Risk Arbitrage, Basket Trading, Structured Funds, Equity Finance, Life Settlements. Main contact for Front Office, Technology, Controllers, Operations, Credit, Collateral, Compliance, Legal, Auditors, and Regulators. Drove new business initiatives. Produced all risk and market values for the use in market risk reporting, collateral management, and customer reporting. • Implemented global front to back derivatives risk, P&L, Settlements system (CALYPSO)• Global coordinator for JP Morgan/Bear Stearns merger• Implemented New Life Settlements trading desk coordinating trade booking, risk monitoring and settlements• Managed 35 associates on the equity derivatives trading desk, while managing their career objectives.