1. Ernest Porchetta
11 Locust Street
Great Neck, NY 11023
Home: 516-708-9455, Mobile: 516-946-4387; Email:eporchetta@gmail.com
OBJECTIVE: To obtain a position as a Secondary Mathematics Teacher.
EDUCATION: Queens College, City University of New York, Flushing, NY
1988 Degree: B.A. Major: Computer Science
2015 Post-Baccalaureate Program: Mathematics, Secondary Education.
CERTIFICATION:
New York State Initial Certification, Mathematics, Grades 7-12. Issue Date: June 25, 2015, Cert #: 950444151.
New York State Initial Certification, CTE Technology Education, Grades 7-12. Applied and pending.
EXPERIENCE
Bayside High School, Jan 2015-June 2015 New York, NY
Student Teacher – Mathematics Department
 9th
Grade Common Core Algebra
Queens College, City University of New York, Fall 2014- New York, NY
Adjunct Lecturer – Mathematics Department
 Math 119-Mathematics for Elementary Teachers
 Math 115-College Algebra for Pre-calculus. (Fall 2015)
HSH-Nordbank – Capital Markets, Aug 2004-08/2014 New York, NY
Senior Vice President - Fixed Income Derivatives Trading 2004-08/2014
 Trade and manage OTC Fixed Income Derivatives book,
 Developed pricing and risk management tools via Excel and third party libraries,
 Managed a small team and participated in the development of risk management system for non-linear products in Java,
 Built analytical tools for pricing and calculating PFE’s (potential future exposure) for Heat Rate Power Option for Energy
Group using MC simulations,
 Responsible for implementing and coordinating issues relating to the derivatives business at the local NY branch and the
global level (i.e., Dodd-Frank implementation, Clearing, Regulatory issues, etc.).
Bank of Montreal-Credit Derivatives, 2001-2004 Chicago, IL.
Managing Director, Credit Derivatives Structuring 2001-2004
 Primary focus on structuring and idea generation for sales force using CDS, TRS, and correlation products.
 Worked with quantitative team on pricing and risk management issues for correlation products as part of our product
development.
 Developed synthetic structured finance capabilities targeting synthetic investors on asset classes such as CDO of ABS,
CLO’s, SIV capital notes, and investment grade corps.
 Instructed colleagues and participated in internal educational courses on credit derivative products.
CIBC-Global Financial Products, 1994-2001 New York, NY
Credit Derivatives Structuring/Trading 2000-2001
 Participated on a private non-rated CDO of CDO of underlying high grade CDO paper.
 Managed a book of structured total return swaps on a portfolio of underlying corporate loans, high yield bonds, and various
CDO tranches including equity.
Executive Director, Fixed Income Derivatives Trading 1994-2000
 Senior interest rate swap trader,
 Products include interest rate swaps, basis swap, CMS,CMT, Muni-swaps
 Co-managed interest rate volatility book.
 Lead the development of many pricing and risk management tools,
 Managed the migration of Infinity Systems for Front and Middle Office functionality.
Lehman Brothers, 1992-1994 New York, NY
Financial Products, Fixed Income Derivatives 1992-1994
 Built analytics and managed Differential-swap book.
 Developed pricing and risk management tools for derivatives.
 Member of fixed income derivatives desk risk management team.
 Managed the migration of Summit System on interest rate derivatives.

2. Bankers Trust, 1988-1992 New York, NY
Fixed Income IT 1988-1992
Systems developer which supported the banks Section 20 activities, back office accounting and reporting.
Technical Skills
VB, Excel, JAVA, C/C++, SQL, Mathematica.
Student of Aikido.