Steven Morus

Steven Morus Email and Phone Number

Director Of Defeasance Services at Derivative Logic Inc. @ Derivative Logic Inc.
san francisco, california, united states
Steven Morus's Location
Simi Valley, California, United States, United States
Steven Morus's Contact Details

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About Steven Morus

I am a Defeasance Manager with deep banking industry and capital market experience. I specialize in Defeasance Services for borrowers with looming Real Estate deals. I manage the defeasance process for clients so they may close without hassles or costly distractions. With my guidance, clients refinance or sell their properties successfully on their preferred closing date. Our team at Derivative Logic, Inc. pairs decades of capital market expertise with our commitment to educating clients so they understand their alternatives and why the best choice for their specific situation stands apart from other market options. I graduated from the University of California at Berkeley with Honors in Economics. After graduation I served as a Research Associate at the Federal Reserve Bank of San Francisco, leading to being awarded a Graduate School Fellowship at the University of Minnesota, Twin Cities in Economics. Before joining Derivative Logic I was a long time Risk Manager for MUFG Union Bank, N.A., serving as a founding member of their Executive Market Risk Committee. While managing a client's Defeasance I bring the same hard-earned commitment to sweating details and guaranteeing logistical processes are sound and professionally executed. When you work with Derivative Logic you free yourself to focus on the thousands of other critical tasks on your plate. Give us a call today at (415) 510-2100.»»» EXPERTISE »»»☑ Defeasance☑ Risk Analysis & Management☑ Interest Rate Derivatives☑ Middle Office☑ Regulatory Compliance☑ Internal & External Audit☑ Portfolio Management☑ Financial Modeling☑ Financial Analysis☑ Data Analysis☑ Stress Testing☑ Board of Directors Reporting☑ Policy Development

Steven Morus's Current Company Details
Derivative Logic Inc.

Derivative Logic Inc.

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Director Of Defeasance Services at Derivative Logic Inc.
san francisco, california, united states
Employees:
6
Steven Morus Work Experience Details
  • Derivative Logic Inc.
    Director Of Defeasance Services
    Derivative Logic Inc. Jul 2019 - Present
    I am a Defeasance Manager, helping clients achieve a successful closing of their large Real Estate deals.
  • Leaders In Banking & Risk Management
    Banking Industry Specialist » Risk Management | Commodity Derivative Analysis | Audit
    Leaders In Banking & Risk Management 2017 - Jul 2019
    I am currently engaged with this professional group for the purposes of attending networking events to connect with those experienced in Risk Management, Commodity Derivative Analysis, Audit, and Regulatory Compliance. The objectives of the group are to research industry leaders, participate in industry discussions and evaluate innovations in the marketplace.
  • Union Bank
    Derivative And Process Manager, Global Capital Markets Middle Office
    Union Bank 2013 - 2017
    411 Figueroa Street, Los Angeles
    This role centered on improving the processes for maintaining the official Middle Office pricing environments, including a $50 million energy derivatives book. I reported and supervised daily P/L for the IRD and energy desks. I partnered with the Sales and Trading Front Office, Credit, Legal, Market Risk, Compliance and other First and Second Line of Defense stakeholders to institute and uphold sound business practices. Additionally, I managed internal audits and addressed regulators’ queries during compliance examinations. I also negotiated risk control agreements, including over 112 ISDA Master and Collateral agreements supporting derivative transactions with leading banking and energy market participants.► Directed series of initiatives to improve trade capture and confirmation processes, in response to regulatory changes.► Designated as Secretary of newly-launched Market Risk Committee, prepared executive meeting materials, conducted analyses, and presented monthly risk performance to senior managers.
  • Union Bank
    Reporting Group Manager, Market Risk Management
    Union Bank 2005 - 2013
    Greater Los Angeles Area
    In this position, I managed daily operation and enhancement of the Market Risk Management VaR system for energy, FX and interest rate derivatives. I coordinated legal, tax, credit and trading issues and policies for these agreements. I formulated and presented complex issues and negotiation positions to enterprise-wide audiences, ranging from accounting through senior management. Additionally, I ensured that daily risk processes remained compliant with Dodd-Frank requirements.► Directed projects to upgrade risk reporting to comply with regulatory changes. ► Received recognition from federal regulators for outstanding reliability and soundness in managing the energy derivative environment.► Validated MUFG’s Monte Carlo VaR process for accuracy and adherence to regulatory and internal policies.
  • Puget Sound Energy
    Sr Contract Administrator
    Puget Sound Energy 1997 - 2005
    Bellevue, Wa
    In this role, I negotiated energy purchase agreements, including NAESBs, GISBs, PPAs and ISDA Master and Collateral agreements. My scope encompassed coordinating legal, tax, credit and trading issues and policies. Additionally, I composed Sarbox documentation and edited others’ contributions. I oversaw utility analytical staff creating documentation processes and procedures.► Recovered $10.1M of ratepayer value by expertly negotiating settlement of a contractual default.► Captured $1M+ in fixed charge savings from a complex, long-term natural gas services agreement, through contractual analysis and steering 1-year contractual management process.
  • Northern States Power Co.
    Gas Supply Representative, Non-Traditional Transactions
    Northern States Power Co. 1991 - 1996
    Greater Minneapolis-St. Paul Area
    This position centered on purchasing and optimizing Northern States Power’s $215M natural gas supply, storage and transportation contracts, overseeing operational planning, and building a reliable, cost-effective natural gas supply portfolio. During a period of unprecedented regulatory upheaval, I achieved average annual gas costs at or below 94% of all regional competitor's results.

Steven Morus Skills

Var Derivatives Trading Risk Management Market Risk Banking Fixed Income Basel Ii Risk Bloomberg Economics Financial Reporting Excel Risk Analysis Fx Stress Testing Fx Options Financial Risk Interest Rate Risk Management Finance Process Improvement Financial Analysis Analysis Portfolio Management Management Interest Rate Derivatives Energy Industry Regulatory Compliance Internal Audit External Audit Risk Assessment Enterprise Risk Management Financial Modeling Data Analysis Legal Compliance Project Management Corporate Governance Microsoft Office Microsoft Powerpoint Microsoft Word Leadership International Swaps And Derivatives Association Middle Office Energy Markets Energy Derivatives Risk Governance Board Of Directors Reporting C Level Presentations Policy Development Policy Writing Trade Compliance Model Compliance U.s. Foreign Account Tax Compliance Act First And Second Lines

Steven Morus Education Details

Frequently Asked Questions about Steven Morus

What company does Steven Morus work for?

Steven Morus works for Derivative Logic Inc.

What is Steven Morus's role at the current company?

Steven Morus's current role is Director Of Defeasance Services at Derivative Logic Inc..

What is Steven Morus's email address?

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What is Steven Morus's direct phone number?

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What schools did Steven Morus attend?

Steven Morus attended University Of California, Berkeley, University Of Minnesota-Twin Cities.

What skills is Steven Morus known for?

Steven Morus has skills like Var, Derivatives, Trading, Risk Management, Market Risk, Banking, Fixed Income, Basel Ii, Risk, Bloomberg, Economics, Financial Reporting.

Who are Steven Morus's colleagues?

Steven Morus's colleagues are Rebecca O'brien, Steve Morus, Jennifer Siegel.

Not the Steven Morus you were looking for?

  • Steve Morus

    Director Of Defeasance Services At Derivative Logic Inc.
    Simi Valley, Ca
    1
    derivativelogic.com
  • Steven Morus, ICMA-CM

    Borough Manager At Borough Of Forest Hills (Retired)
    Pittsburgh, Pa
    4
    aol.com, foresthillspa.com, aol.com, forestcityschool.org

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