1. JOHN D. LICTRO
22 Clinton Heights, Salt Point, NY 12578 • jdllog14@aol.com • (917) 902-1381
REGISTERED REPRESENTATIVE OF OPERATIONS
~ FINRA licensed Domestic and International settlements specialist, providing clients and colleagues professional
and confident services. ~
Focused, Analytical, and Quick-Thinking Senior-Level Executive offering a sustainable history of independent
decision making with minimal escalations. Extensive knowledge of global markets and relevant settlement procedures of equity
and fixed income instruments. Highly respected point of contact for market expertise throughout the global footprint.
CORE COMPETENCIES
• The primary contact for all equity and fixed income settlement issues
• Ensures that market instructions are in place on T+0, and that trades are matched by S-1
• Familiar with foreign markets, especially buy-in rules and fines
• Promptly reports all TRACE eligible bonds as required (FINRA 6200)
• Examines prospectuses and term sheets for pending IPO /private placement transactions, and inspects client paperwork to
prove they are eligible participants.
• Collects customer on-boarding documentation and conducts KYC procedures to be submitted to the compliance officer for
approval.
• Managing and development of subordinates
• Ensuring Regulatory Compliance with State & Federal Laws
NOTABLE CAREER HIGHLIGHTS
• Spearheaded the conversion from a ticket based trade system to an integrated electronic system at Pareto Securities
Inc. which streamlined the trading process reducing errors.
• Seamlessly converted from the Nordic Partners Inc. platform to Pareto Securities Inc. system to successfully minimize
customer impact.
• Parlayed top performance from previous company into position as Overnight Operations Manager for BHF Securities
Inc. expanding professional experience to the next level of management.
PROFESSIONAL EXPERIENCE
Pareto Securities Inc. (Formerly Nordic Partners Inc.), New York, NY. 2004-2016
~ FINRA registered broker/dealer, specializing in the Scandinavian markets. ~
Registered Representative of International Settlements
Retained as liaison to primary stockholder Pareto Securities when they bought out remaining shareholders of Nordic Partners Inc.
in 2008. Ensured operational readiness for all customers during and after the transition, minimizing customer impact and
maximizing transparency.
• Overhauled entire settlement department to increase efficiency by 80% and reduce revenue loss due to trade failures
by 95%.
• Guided clients in transitioning to the new T+2 settlement cycle implemented October 6, 2014
• Played a key role in maintaining company profitability and growth through launching multiple operational programs
designed to decrease overhead costs by 20%.
• Initiated and launched a compensation claims program recuperating over $50,000 in revenue.
• Cultivated network of foreign contacts and clients across all major markets.
• Streamlined client onboarding process facilitating a decrease in the process time to acquire trading eligibility from 7 days
to one day.
… CONTINUED …

2. JOHN D. LICTRO
22 Clinton Heights, Salt Point, NY 12578 • jdllog14@aol.com • (917) 902-1381
BNY Clearing Services Inc. (Formally BHF Securities Inc.), New York, NY 1998–2004
~ FINRA registered broker/dealer, specializing in all global markets. ~
International Settlements Manager
Settlements manager developing a dynamic group of operational specialists overseeing the Pacific Rim and European markets.
Provided support and growth feedback for direct and indirect reports on fixed income and equity instruments.
• Single point of contact for entire overseas client base providing trade status and risk notification in a collaborative
environment.
• Improved efficiency, accuracy, and profitability through recruiting and hiring top industry talent, coaching and mentoring
processes and performance evaluations.
• Designed and implemented improved depository reconciliation process resulting in diminished trade breaks, increased
customer statement accuracy lowering the amount of time spent on billing corrections and disputes. This enabled an increase
in specialists’ workflow and productivity.
ADDITIONAL OPERATIONS EXPERIENCE
BZW Securities Inc., New York, NY
Pacific Rim Market Specialist
Monitored all trades in Asian markets, including those executed on the derivative and program trading desks.
Eliminated risk and related costs by avoiding buy-ins and related market fines.
Prudential Securities Inc., New York, NY
Settlement and Reconciliation Specialist
Balanced currency statements, and reconciled security breaks with the depository.
Assisted the settlements department as needed.
EDUCATION
Fordham University, Bronx, NY
BACHELOR OF ARTS
INDUSTRY LICENSES
FINRA Series 7 FINRA Series 63
FINRA Series 79 FINRA Series 99