Terry Dugan Email & Phone Number

PM for Risk Technology group with focus on managing Limits initiatives. Heavy interaction with business sponsors to drive business requirements, development leads and business analyst to determine scope, design and delivery, and communication with stakeholders and management to manage expectations and resolve budgetary / resource constraints

New York Ny

FX Subject Matter Expert/Project Manager/Business Analyst -SME/PM/BA for FX Risk Technology group. Developed specifications and managed implementation for Collateral Enforceability Utility for Credit Risk group. -Initiated project to create an FX and Securities Finance Risk Viewer to combine transactional, collateral, risk, and static data into a dynamic user interface, allowing analysis into day-on-day position, valuation and exposure changes.

Nyack, New York, United States

FX Subject Matter Expert/Business Analyst -SME/BA for FX Tech effort to transition 3rd party end-to-end system to internal model; Developed Business Requirements/Whitepapers for IT funding/development; Ran production parallel testing and weekly PM status meetings/reporting packages

Nyack, New York, United States

Regulatory Compliance Lead (CCAR/Volcker)-Regulatory Lead for Rates and FX work streams; drive internal and external stress testing deliverables (14A Global Market Shock, 14Q); develop scenarios/shock parameters, drive enhancements, develop and update documentation -Market Risk representative for all Volcker-related compliance; monitoring/certification of metrics (limits, VaR/SVaR, RENTD); Model Risk (SR11-7); Market Risk point lead for all cross-functional meetings and task forces… Show more Regulatory Compliance Lead (CCAR/Volcker)-Regulatory Lead for Rates and FX work streams; drive internal and external stress testing deliverables (14A Global Market Shock, 14Q); develop scenarios/shock parameters, drive enhancements, develop and update documentation -Market Risk representative for all Volcker-related compliance; monitoring/certification of metrics (limits, VaR/SVaR, RENTD); Model Risk (SR11-7); Market Risk point lead for all cross-functional meetings and task forces -Led team responsible for developing IHC/Volcker Rule trading desk and hedging strategy documentation for Fixed Income Division, including Emerging Markets, Treasury, Credit and Global Macro (Rates) products Show less

New York, United States

Project Manager in the Regulatory Capital Management Office (CCAR)-Senior member of a team of 5 in the central CCAR office responsible for project management, business analysis, policy and procedure documentation, and coordination across all firm-wide Lines of Business (LOB) and sub-PMOs -Produced consolidated FR Y-14A capital stress testing results for submission to the Federal Reserve Board (FRB) and the Office of the Comptroller of the Currency (OCC) -Heavy interaction with… Show more Project Manager in the Regulatory Capital Management Office (CCAR)-Senior member of a team of 5 in the central CCAR office responsible for project management, business analysis, policy and procedure documentation, and coordination across all firm-wide Lines of Business (LOB) and sub-PMOs -Produced consolidated FR Y-14A capital stress testing results for submission to the Federal Reserve Board (FRB) and the Office of the Comptroller of the Currency (OCC) -Heavy interaction with regulatory bodies to coordinate and chair follow-up meetings to review stress testing results and provide coordinated responses to regulator queries-Developed and presented materials for weekly working group and steering committee meetings to drive the execution of stress testing deliverables and remediation of regulator MRIAs / MRAs Show less

Regulatory/Change Management SME for Financial Institutions-Managed a team of 3 PMs for Dodd-Frank Title VII preparedness project at a large Northeastern FX and interest rate swap dealer. Workstreams under management included Operations, Accounting, Front Office/Business Management, Risk Management, IT, and Compliance. Ensured adherence to business conduct standards, disclosure requirements, recordkeeping and reporting requirements, and swap documentation requirements-Led team of 5… Show more Regulatory/Change Management SME for Financial Institutions-Managed a team of 3 PMs for Dodd-Frank Title VII preparedness project at a large Northeastern FX and interest rate swap dealer. Workstreams under management included Operations, Accounting, Front Office/Business Management, Risk Management, IT, and Compliance. Ensured adherence to business conduct standards, disclosure requirements, recordkeeping and reporting requirements, and swap documentation requirements-Led team of 5 consultants during a 1+ year engagement in the Treasury Controllers Group at a Top 3 Global Bank. Performed end-to-end business analysis/functional reviews, gap analysis and process re-engineering for 4 concurrent workstreams including Foreign Exchange, OFAC/AML, Demand Deposit Accounts, and Credit Card payment solutions-Project Manager for a Top-5 Investment Bank leading a team of 4 on project to consolidate its Structured Notes desks across multiple asset classes. Managed multiple workstreams including Tech/IT, Quant, Middle/Back Office, Risk, and Governance -Performed a cross-product Target Operating Model assessment for the Head of Capital Markets Operations at a large UK Bank, which provided a model for aligning the Bank’s IB and Commercial Banking units and highlighting opportunities among their common product and utility services Show less

Senior Business/Documentation Manager for the FX, Precious Metals, and Emerging Markets COO Team-Managed team of 3 in the FX/EM/Metals Documentation group, developing structured products term sheets, exotic FX option, cross-currency interest rate swap, inflation-linked confirmations, and ISDA and EMTA NDF Master Confirmations-Margin and collateral management, credit limit monitoring, dispute resolution, ad-hoc credit approval negotiation-Client on-boarding, ISDA and CSA Agreement… Show more Senior Business/Documentation Manager for the FX, Precious Metals, and Emerging Markets COO Team-Managed team of 3 in the FX/EM/Metals Documentation group, developing structured products term sheets, exotic FX option, cross-currency interest rate swap, inflation-linked confirmations, and ISDA and EMTA NDF Master Confirmations-Margin and collateral management, credit limit monitoring, dispute resolution, ad-hoc credit approval negotiation-Client on-boarding, ISDA and CSA Agreement development, and relationship management-Led post-merger initiative to migrate the institutional client base to the new parent company. Strong focus on ensuring legal and regulatory compliance, executing trade and account documentation, enforcing credit limits and collateral requirements, maintaining client relationships, and managing intercompany policy requirements Show less

Manager of 10 responsible for life-cycling FX options, interest rate swaps, futures and options, and equity derivatives-Wrote functional specifications for new products, processes, and system enhancements, including trade capture, accounting logic, settlements, cash reconciliation, position and risk reporting-Reduced daily futures clearing reconciliation times by 50% by consolidating clearing agents and testing and implementing an online, automated position / payments reconciliation and… Show more Manager of 10 responsible for life-cycling FX options, interest rate swaps, futures and options, and equity derivatives-Wrote functional specifications for new products, processes, and system enhancements, including trade capture, accounting logic, settlements, cash reconciliation, position and risk reporting-Reduced daily futures clearing reconciliation times by 50% by consolidating clearing agents and testing and implementing an online, automated position / payments reconciliation and margin system. Implemented cost-saving initiative by renegotiating more favorable terms on execution and clearing agreements-Developed UAT scripts for system upgrades, new products, and position / risk back-testing; Business-side point for IT group and 3rd party vendors, project management & status meetings-Led project to convert the bank’s average rate option portfolio from a spreadsheet-based system to their mainframe trading system. Worked closely with the vendor to beta-test the product from the perspective of trade capture, averaging method permutations, market rate sources, mark-to-market valuations, and settlements. Developed test scripts and led user acceptance tests Show less

Master Of Business Administration - Mba, Finance, General

Bachelor Of Arts - Ba

Certificate In Financial Risk Management