Steven Weiss Email & Phone Number

New York, Ny, Us

New York, Ny

Coordinated multiple business lines to analyze and document workflows for adoption of new enterprise-wide data governance operating model.• Compared current state to future operating model workflows for regulatory mandated data governance risk initiative on new platform.• Provided structure and guidance to 4 business lines by creating data governance roadmaps and critical data element contracts for break identification for delivering risk mitigation solutions.

New York, Ny

Managed operational component for 20+ software releases in a 5 year regulatory mandated enterprise-wide risk program. Ensured all operational requirements for end users and operations staff were completed before each release date.• Created, implemented and maintained overall operating model and change control process for bank’s proprietary Enterprise Risk Reporting system release schedule.• Provided control framework for playbooks, procedures, workflows, user training, and system access, minimizing business failures and ensuring successful results were achieved for each software release. • Conducted pilot group working sessions for adoption of new risk platform for 2 key businesses, ensuring process workflows were integrated within system.• Developed detailed matrix by business line and product, identifying risks of actual versus rules-based settlement, and prioritized processing solutions for Credit Risk management requirements.

New York, Ny

Led businesses to identify and execute plans for migration of technology for mission-critical systems to support the process workflows in new locations domestic and abroad.• Directed multiple projects for large cost savings initiative for BNY Mellon’s Asset Servicing, Funds, and Transfer Agent businesses, resulting in $3.2M savings through significant headcount reduction.• Analyzed processes, and provided solutions to identified risks in migrating management and staff functions to low-cost locations by temporarily deploying SMEs with custom procedures and training programs.• Mitigated risk of Virtual Desktop System solution by managing access to competitor bank’s transfer agent system during technology and functional migrations to BNY Mellon’s platform.• Managed due diligence process for Risk, Compliance, and Legal in offshoring client documentation, implementing solutions to meet contractual obligations for those clients.

New York, Ny

Designed, implemented and managed operations framework for $3.2B multi-strategy hedge fund launch with 24-person team located in New York and London. • Created workflows, procedures and reports, mitigating operational risk for trading activities including trade data transmissions, listed cash / position reconciliations, settlement breaks / fails and management of OTC confirmations for hundreds of daily trade executions.• Executed and reviewed daily collateral management reports including calculation and settlement of margin interest, mitigating counterparty default risk. • Oversaw implementation of Eze Castle trade order management system and auto-rec process for DTCC CDS quarterly rolls with intermediation brokers and direct counterparties to process settlements.• Established and maintained valuation process for OTC securities by obtaining monthly feeds from issuing agents and updating database through automated process.

New York, Ny

Managed 4-person team for 5 hedge funds valued at $2.9B, and provided oversight of operational risk reports for cash / position reconciliation, monthly NAV calculation, and OTC confirmations.• Handled processing of corporate actions, OTC security servicing, and pricing reconciliation reports, accurately valuing funds and enabling daily profit and loss calculation.• Implemented Morgan Stanley’s Portfolio Accounting trade order management system to enable capture and execution of trades and allow automated feeds, providing them to fund administrators and prime brokers.• Created Pricing Committee procedures for OTC and private placement securities, satisfying audit requirements in valuing Saranac Funds and Citigroup’s sub-advisory funds.

Vice President - Hedge Fund Portfolio Administration, CAI (2003-2004)Responsible for oversight of fund administrator’s daily cash and position reconciliation. Managed administrator relationships for calculation and reporting of funds’ performance.•Established and delivered operations procedures and documentation for full due diligence audit facilitating the ensuing spin-out of Saranac from Citigroup Asset Management.•Identified and established process for capturing and reporting management and incentive fee allocations with Citigroup Private Banking network to track and collect revenue for segregated business unit. Vice President-Emerging Debt/High Yield/Equities (1997 – 2003)Managed a team of six portfolio administrators tasked to perform the daily cash management, reconciliation, settlements, and trade control functions, for 50 mutual fund and institutional accounts. Oversight and review of both the new account on-boarding, and client liquidation processes.•Strategy development and implementation of compliance process and procedures to enable full reporting and corrective action of any prospectus or client guideline investment breaches. •Successfully mobilized and oversaw operations team in providing all necessary best practice documentation to enable business to obtain AIMR II compliance status for marketing of funds performance.•Lead and executed the Euro Monetary Unit Conversion for all Citigroup Asset Management securities denominated in the designated 11 currencies by the globally defined deadline.