John Poast Linkedin Res

783
-1

Published on

Published in: Economy & Finance, Business
0 Comments
0 Likes
Statistics
Notes
  • Be the first to comment

  • Be the first to like this

No Downloads
Views
Total Views
783
On Slideshare
0
From Embeds
0
Number of Embeds
0
Actions
Shares
0
Downloads
1
Comments
0
Likes
0
Embeds 0
No embeds

No notes for slide

John Poast Linkedin Res

  1. 1. John PoastSenior Vice President of Residential Lendingjohnpoast@msn.comSummaryJohn Poastjpoast@chicagobancorp.com312-543-0688John Poast grew up in Cincinnati Ohio. He moved to Chicago for college and then graduate school.John began his career in finance over 14 years ago. John currently lives in River North. He has livedthere for over ten years save several in Manhattan.His unfailing enthusiasm, integrity, and positive attitude, combined with technical expertise andknowledge of the industry, make John indispensible to Chicago Bancorp his customers and referralsources.Chicago Bancorp offers a Varity of superior financing programs for my clients as well as theprofessional atmosphere that allows their loans to be quickly processed, approved and closed.Chicago Bancorp is Chicago’s largest privately held mortgage bank. John’s focus is relationshiplending with delivering the highest level of service, while providing the most desirable mortgageproducts available.Beyond work John is quite active. Besides running and cycling, John’s real passion is competitivesailboat racing, where his team has earned numerous honors.John’s values, his focus on client service, and his work ethic all help set him well apart from othermortgage lenders, 100%of my business comes from client and trusted advisor referrals, and it is mypromise to make my sources proud that they referred their clients and friends.SpecialtiesFirst Time Homebuyer, Investments, Second Homes, Condos, Commercial, Asset Based Loans, FHAExperienceSenior Vice President of Residential Lending at Chicago BancorpDecember 2005 - Present (5 years 5 months) We are fully licensed in: Page1
  2. 2. Alabama, Arizona, California, Colorado, Delaware, Florida, Georgia, Illinois, Indiana, Kansas, Maine, Maryland, Massachusetts, Michigan, Minnesota, New Hampshire, New Jersey, New York, North Carolina, Oklahoma, Pennsylvania, South Carolina, Texas, Virginia, Washington, Wisconsin. Whom do you know that I may Pr-Approve or take a loan application from right now! 17 recommendations available upon requestLead trader in DJX, DIA, DJH options at Goldman SachsJanuary 2000 - September 2003 (3 years 9 months) Goldman, Sachs & Co., Spear Hull Derivatives LLC, Chicago, IL Associate, Floor Market Maker, Electronic Market Maker Member of CBOT, CBOE, ISE, and CBOE Direct DJX, DIA, DJH, SPX, MNX, QQQ, OEX, XEO, RUT Lead trader in DJX, DIA, DJH options. Maintained 18% market share in a pit of over 40 competitor traders. Averaged 38% expected edge retention on $200,000 weekly edge. Completed Financial Engineering curriculum to learn Hull system and algorithms. Enhanced profit opportunities by implementing arbitrage techniques, utilizing technical expertise, and leveraging technology. Created automated summary which tracked position, volatility, delta, vega, and skew targets. Firm implemented use of normalized strike process for instrument multiplier based on my recommendation. Set daily volatility levels for index portfolio based on CBOE Direct trading activity. Marketed new CBOE trading products to bulge-bracket dealer firms. Provided practical guidance on trading rules which CBOE Direct regulations committee implemented. Assisted in supervising AT rotations and trader advancements. 5 recommendations available upon requestLead Options Trader in DJX, DIA, DJH options at Hull TradingJanuary 2000 - September 2003 (3 years 9 months) Goldman, Sachs & Co., Spear Hull Derivatives LLC, Chicago, IL Associate, Floor Market Maker, Electronic Market Maker Member of CBOT, CBOE, ISE, and CBOE Direct DJX, DIA, DJH, SPX, MNX, QQQ, OEX, XEO, RUT Lead trader in DJX, DIA, DJH options. Maintained 18% market share in a pit of over 40 competitor traders. Averaged 38% expected edge retention on $200,000 weekly edge. Completed Financial Engineering curriculum to learn Hull system and algorithms. Enhanced profit opportunities by implementing arbitrage techniques, utilizing technical expertise, and leveraging technology. Created automated summary which tracked position, volatility, delta, vega, and skew targets. Firm implemented use of normalized strike process for instrument multiplier based on my recommendation. Set daily volatility levels for index portfolio based on CBOE Direct trading activity. Marketed new CBOE trading products to bulge-bracket dealer firms. Provided practical guidance on trading rules which CBOE Direct Page2
  3. 3. regulations committee implemented. Assisted in supervising AT rotations and trader advancements.Managing Member, Market Maker at Poast Gusweiler LLCMay 1998 - January 2000 (1 year 9 months) Member of the American Stock Exchange, New York, NY 1999 – 2000 Market Maker Market maker in Phillip Morris and Ebay options for proprietary account. Dynamically hedged risk exposures to protect existing position while keeping cost of protection as low as possible. Followed industry news, interest rates, and volatility index to determine relative value and personality of the market. Developed firm valuation and dividend models to determine liquidation exposure and shadow volatility. Created profit/loss models to assess trade profitability and optimization of locked structures. Continually evaluated my position and disseminated markets for increased value recognition. Organized option meeting group to discuss activities and products of each crowd. Actively made markets in Phillip Morris options for personal account. Dynamically hedged risk exposures to limit the portfolio exposure. Follow industry news, interest rates, and the volatility index to determine relative valuation and personality of the market. Built firm valuation and dividend models to determine liquidation exposure and shadow volatility. Continually evaluated my firms’ position and markets for increased value recognition.Capital Markets Group, Intern at First Chicago NBDApril 1998 - September 1998 (6 months) Utilized Open Bloomberg to analyze investment grade securities to support fixed-income securities origination, sales, and trading. Developed models to examine hedging methods using futures and options. Assisted senior research analysts in preparing customer presentations in the futures and asset-backed securities markets.Investment Services, Traders’ Assistant Intern at Dempsey & Company, LLCMay 1996 - October 1996 (6 months) Provided customer service support for traders. Determined commission rebates. Analyzed trading activity for the business review process. Assisted in keeping individual traders within their own risk tolerances. Provided detailed reports of macroeconomic and stock specific news from prior day, overnight, that morning, and expectations for the day. Reviewed clerical reports for accuracy. Created and analyzed profit and loss summaries. Executed and managed order flow. Managed traders’ accounts when not present.Brokers’ Assistant at Ilene Resnick Incorporated (CBOE)June 1995 - June 1996 (1 year 1 month) Page3
  4. 4. Verified trades. Solicited customer orders. Improved performance by managing order flow to facilitate competitive markets in over twenty stocks, half of which are traded on multiple exchanges. Maintained solid rapport with management, clients, brokers, traders, and competing exchanges by utilizing my strong communication and technical skills. Provided customers with pertinent and timely market information.Equity Options Desk Head Runner/ Clerk at First Options CorporationMarch 1995 - July 1995 (5 months) Educated and Trained new hires. Assistant Phone clerk. Introduction to Options Certificate. Intermediate Options Certificate.Floor Clerk/ Runner Futures Execution Services at The Chicago CorporationSeptember 1994 - March 1995 (7 months) Future Execution Services. Main Bond Desk. Floor Clerk. Because of my abilities and adaptation I was promoted from the main wheat desk to the main Bond/ Bond Options desk. Waite RawlsLab Technician at Motophoto1993 - 1994 (1 year) Develop Film and Pictures. Salesperson. Cleaned equipment and store. Customer relations. Cashier. Chemist. Janet?Audio-Visual Assistant at DePaul University1993 - 1994 (1 year) Cataloged. Organized. Delivered.Assistant Store Manager. Staff Technical Epert at Uncle Dans1991 - 1993 (2 years) Top in Sales every month. Educated Employees. Dressed Store. Cashier. Assisted in buying decisions. Assisted in compiling and analyzing data to implement marketing decesions. Strong communication and technical skills helped establish strong raport with management and clients.Customer Relations at Gentry Clothiers1990 - 1991 (1 year) Salesperson. Assistant Tailor. Stock person.Bag Boy at Kroger1988 - 1990 (2 years) Bagged Groceries. Cleaned Store. Stocked Shelves. Named best Bag Boy. Page4
  5. 5. EducationIllinois Institute of Technology - Stuart School of BusinessMBA & MS, Master of Science in Financial Markets & Trading, Master of Business Administration withManagement, 1995 - 1998Activities and Societies: • Stuart School of Business Academic Scholarship.• Teaching Assistant for Modeling and Simulation course.Created comprehensive models to value derivative products using Black-Scholes and binomialtrees. Designed spreadsheet program to immunize bond portfolio against yield curve changes. Builtstatistical models and algorithms for analyzing security price returns using distribution analysis.Studiedderegulation of the utility markets and various energy derivative products.DePaul UniversityBA, Bachelor of Arts in Philosophy, 1990 - 1994Activities and Societies: College Year in Athens. Debate Team. Philosophy Club. SeniorLeadership Award.indian hillcol prep, 1986 - 1990Honors and Awards• Vice Commodore at Large of the Lake Michigan Sail Racing Federation of the Chicago Yacht Club.• Competed in the Chicago-Mackinac Race every year since 1992 and placed in top 3 five times.• Represented Area K and won the Second Place U.S. Sailing Offshore Championship Award in1996.• Enjoy squash, soccer, chess, scuba diving (PADI certified), and trading on personal account.• Received Arthur B. Hanson Rescue Award for saving the life of a fellow sailor.• Member of the Manhatten Yacht Club• Currently writing a book about sailing.• Member of Global Association of Risk Professionals. Page5
  6. 6. John PoastSenior Vice President of Residential Lendingjohnpoast@msn.com22 people have recommended John "My husband and I were first time buyers and John couldnt of made this experience any easier. He was quick to return calls, answered all our questions, and best of all, was incredibly personable, friendly, and easy to talk to. I recomment John to any of my friends. It was great working with him!" — Taryn Lund, was Johns client "Actually all of the "top attributes" apply to John so its hard to name just three. I have worked with him several times ---my clients have been impressed and that makes me look good..... He works very hard to make the transaction go as smoothly as possible. He definitely has my recommendation." — Elizabeth Ballis, was Johns client "John is a great mortgage banker.. He kept an eye on the rates and was able to save me a ton of money on my original mortgage and then a re-finance. He even went out of his way to help me look for a job. Great Guy" — Chris Orfitelli, was Johns client "John knows his stuff. He is the person I call on when I need answers or when I have an important client that I want someone to take excellent care of. I have confidence and trust in his ability." — Lissa Weinstein, was Johns client "John is extremely professional, knowledgable, detailed oriented and has significant credibility within the mortgage industry. He is very concerned about the needs of his clients, and will exceed their expectations to insure that they are receiving the right product, or program, are treated fairly, and all trantsactions are completed in the desired timeframe. His follow up is second to none, and he remains in contact with his clients to insure that they are kept abreast of changes and opportunities to improve their financial position. It is a pleasure to have John on our team." — Louis Mallers, Director of Private Label Banking, Chicago Bancorp, managed John indirectly at Chicago Bancorp "John offered us a range of creative options which we would not have come up with ourselves. He Page 6
  7. 7. was very responsive, easy to work with, and simplified what can be an onerous task."— Laurie Richter, was Johns client"John was suggested to me as a person to discuss my mortgage needs with. I was impressed thatour first meeting was in person rather than an on line application. John made the process simple.He focused on my objectives and saw them through to reality. Great to work with."— Jeff Byron, was Johns client"John Poast is an outstandig, very reliable business partner."— Timm Duerkop, was Johns client"Having referred John as a lender to my buyer clients I was extremely satisfied with Johnsknowledge, responsiveness and overall professionalism. I will be happy to refer John to my clientsin the future."— Scot Green, Realtor, Sudler Sothebys International Realty, was with another company whenworking with John at Chicago Bancorp"John is thorough and professional and gives good results. It is a pleasure to work with him. JimKinney, Vice President Baird and Warner Luxury Home Sales"— Jim Kinney, was Johns client"It was a pleasure working with John a few years back. John consistently demonstrated his eye forthe details in our business. He was hard working and thorough."— Todd Needlman, Options Trader, SLK-Hull Derivatives, a Goldman Sachs Company, workedwith John at Chicago Bancorp"John provided a one-stop shop for my recent re-finance transaction. He was thorough and conciseand made what could be a drawn-out process less painful. I have already recommended Johnsservices to a neighbor and would do so again without hesitation."— Yvonne Gasik, was Johns client"John Poast made a presentation on mortgage financing to my condominium association while Iwas already in the process in negotiating refinancing with the lender that currently held mymortgage. At that point, John took the time to give me some advise and even took my subsequenttelephone calls to answer my additional questions. His willingness to provide customer service tosomeone that was not even at the time a customer impressed me. When my mortgage companysuddenly could not come through due to their overly restrictive new regulations, I immediatelycontacted John. True to his word, John was able to provide refinancing to me by having the Page 7
  8. 8. resources and willingness to overcome the obstacles that were due to overzealous governmentalinsurance regulations. John’s business involves a huge amount of paperwork that he processed forme with organized efficiency and with a quick resolution of the inevitable little glitches. I wouldrecommend consideration of John for anyone in need of a new or refinanced mortgage."— Thomas J. Kane, was Johns client"John is a consumate professional and a leader in his field. He not only provides outstandingservice, but feels at home with my high-end clients. I endorse him without hesitation."— Janet Owen, was Johns client"John was professional, never missed a detail or deadline, kept all parties informed, and evenbrought oatmeal cookies to the closing! Terrific service -- I will recommend him to future clients ofmine!"— Marla Hori, was Johns client"John Poast is an incredible resource during a difficult economy. He is an out-of-the-box thinker andhas a vast background to draw from. In my many years of doing business John has saved methousands of dollars. He is also a rising star in the sailing world and under the most difficult ofcircumstances he is the guy you want watching your back!"— Robert Biddle V, was Johns client"John was my mortgage banker for my recent home purchase. I had a wonderful experienceworking with John from the very beginning. As a first time home buyer, I had many questions, butJohn was patient, understanding, and thorough with his answers. John gave me a detaileddocument checklist over week in advance of our application meeting. With this planning, theapplication process was swift and efficient. He found and locked in a great rate for me. John workedwith the lawyers and real estate agents for both parties, and he helped make the home-buyingprocess straightforward for me. John attended the closing, which I heard some bankers do not. Theclosing took considerably longer than expected since the wire for the loan funds was “stuck” in theFed system. (This was out of anyone’s control.) John could have left the close, but instead hewaited for the funding, with the risk of missing an international flight. In the end, everything workedout, and John even made his flight. I would highly recommend John and Chicago Bancorp toanyone looking for a mortgage."— Christina Weber, was Johns client"John never takes shortcuts, He is knowledgeable and quick thinking. John is always learning abouthis market and its trends. John is an expert in his field and knows how to handle just aboutanything. I know that with his hard work and willingness to learn John will reach success in anything Page 8
  9. 9. he tries to achieve." — Michael Frank, Managing Member, Gateway Partners LLC, managed John at Gateway Partners "John is a highly motivated person who understands the demands of the financial world we live in. John will be dedicated and completely involved, in any situation he finds himself in his business life. Ive always found him to be honest and I believe he will always put his client first." — John Smollen, Floor Director, Chicago Board Options Exchange, worked directly with John at Goldman Sachs "John did a great job managing risk and dealing with a fast paced, stressful environment." — Jason Urban, associate, Goldman Sachs, worked directly with John at Goldman Sachs "John is a tenacious, loyal, intelligent, and honest salesperson who always puts the clients interests first." — Paul Strehle, Derivatives Trader, Hermitage Group, worked directly with John at Goldman Sachs "John was a good trader, co-worker and friend through both prosperous and difficult conditions. He taught me much, not only in terms of market knowledge and trading mechanics, but also in terms of how to manage people and situations effectively. Hes a talented and saavy individual whos not afraid to make difficult decisions and thrives in difficult, competitive environments." — Ken Kwalik, Trader, Goldman Sachs, worked indirectly for John at Goldman SachsContact John on LinkedIn Page 9

×