Hedged $2 Billion Mortgage Servicing Rights (MSR) asset. Used interest rate swaps, mortgage backed securities, constant maturity mortgages, mortgage options, principal only strips, interest rate futures, swaptions, caps, and floors. Assessed relative value between asset classes, along the yield curve, and on the volatility surface to create excess returns. Served on Servicing Asset Risk Committee. * Generated cumulative returns of $567 million versus budgeted target based on forward curve analysis of $35 million from 2004 through 2009 while remaining within management’s risk limits. * Nominated for an Excel Award, National City Corporation’s highest employee recognition program, in 2005 for revenue generation.

Managed $10 Billion bank fixed income portfolio consisting of U.S. Treasuries, mortgage-backed securities, agency debentures, CMOs, ABS and corporate notes. Analyzed, selected and purchased securities based on total rate of return, relative value and corporate asset / liability goals. Traded cash and derivative instruments to manage risk. Provided guidance to senior management for determining interest rate risk position. Managed $2.5 Billion commercial paper conduit consisting of fixed and floating rate assets. Managed $100 million life insurance company portfolio.* Assumed management of unprofitable commercial paper conduit and generated interest income of $7.5 million versus budget of $6.5 million in 2002 and $8.65 million versus budget $6.0 million in 2001 by restructuring the issuance of liabilities.

Managed $1 billion fixed income portfolio against a pool of overnight funds and term certificates of deposit. Analyzed, selected, and purchased securities. Evaluated exposure to interest rate risk. Developed and maintained portfolio simulation model.

Made markets in equity options on the Chicago Board Options Exchange trading floor. Managed levered stock and options position of $3 million.

Managed an institutional trading desk. Oversaw the execution of customer and firm orders for clients.