Scott Glas Email & Phone Number

Woodbury, Minnesota, United States

Greater Minneapolis-St. Paul Area

Working within the Wells Fargo Corporate Trust Services department in multiple roles to assist in the completion of multiple projects as assigned. Helped develop and design a process of quality control of Capital Markets payments assigned on a monthly basis. Analyzed and developed process improvements to meet management expectations and compliance standards. Worked to mitigate risk points while staying within given guidelines. Provide proactive monitoring, risk identification and ensure… Show more Working within the Wells Fargo Corporate Trust Services department in multiple roles to assist in the completion of multiple projects as assigned. Helped develop and design a process of quality control of Capital Markets payments assigned on a monthly basis. Analyzed and developed process improvements to meet management expectations and compliance standards. Worked to mitigate risk points while staying within given guidelines. Provide proactive monitoring, risk identification and ensure accuracy of data for lines of business. Show less

Greater Minneapolis-St. Paul Area

Mortgage-Backed Securities TraderResponsibilities included daily execution of profitable trading positions from inventory in addition to fulfilling buy/sell orders for investment advisors, portfolio managers and external customers as defined by trading desk management. Provided daily insight into market conditions, marketed both Agency and Non Agency MBS pass thru and CMO bonds to internal financial advisors, updated security descriptions and MBS details on inventory positions positioned… Show more Mortgage-Backed Securities TraderResponsibilities included daily execution of profitable trading positions from inventory in addition to fulfilling buy/sell orders for investment advisors, portfolio managers and external customers as defined by trading desk management. Provided daily insight into market conditions, marketed both Agency and Non Agency MBS pass thru and CMO bonds to internal financial advisors, updated security descriptions and MBS details on inventory positions positioned on TradeWeb sales/trading platform. Expected to give daily updates on market trends, manage risk levels and keep up to date on compliance and all regulatory updates and changes concerning fixed income marketplace. Maintained detailed records of transactions ensuring that accurate records are kept and reported to management and follow predetermined trading policies. Build and maintain a strong working relationship with broker/dealer network as well as investment advisors to grow market share and move product inventory to reach internal profitability goals. Show less

Greater Minneapolis-St. Paul Area

Charged with building and creating investment opportunities within the fixed income marketplace. Responsible for inventory levels and the sale of product mix to a retail financial advisor network. Maintained levels within the limits of risk and aging levels as set forth by management. Ensured mark up margins were within the market level guidelines via compliance. Helped build the marketing and educational efforts of team to better serve customers and improve the sales of entire team.

Greater Minneapolis-St. Paul Area

Allocated MBS TBA securities within strict industry variances for hundreds of millions of dollars on a monthly basis. Responsible for the monthly delivery of agency pass thru MBS securities to other broker/dealers to fulfill trade settlement requirements.

Greater Minneapolis-St. Paul Area

Worked to support the retail and institutional trading desks regarding the trading of both corporate and mortgage backed securities. Coordinated all trade specifics including: the confirming of trade details with other broker/dealer, allocation of trade lots and mortgage pools, verify bond factors/price/settlement date and accused interest dollars or rate. Executed basic trades for desk or operational controls, reviewed portfolios to identify matching positions or trade opportunities.