Regulatory Analyst

1. RICHARD S. BERNSTEIN
100 Banks Ave| Rockville Centre, NY 11570 | 516--‐729--‐6680 | Rbernstein62376@gmail.com
PROFESSIONAL PROFILE
 Accomplished Options Derivatives Trader/Broker with compliance experience, excellent analytical and
communication skills. Strong time management ability and consistently displaying high productivity levels and
work quality.
 SUMMARY OF QUALIFICATIONs
 Relationship Management
 Trade Management
 Strategy Development
 Commodity Markets
 Portfolio Management
 Market Regulation
 Excel
 Power Point
 Prime Analytics
 X_TRADER
 ICE Trading Platform
 WhenTech
 WebICE
 Star Matter
 Word
PROFESSIONAL EXPERIENCE
Financial Industry Regulatory Authority (FINRA) September 2015 -Present
Market Regulatory Analyst
 Oversight of FINRA’s NYSE/AMEXexception reports. Track potential market violations on exchanges,focusing on
open/close of trading sessions
 Compile monthly reports and continuously update and maintain monthly spreadsheets
 Conduct for cause reviews as well as in-depth and timely investigations of trading in NYSE and NYSE MKT listed
securities
 Perform analysis of trading activity to detect possible violations of rules, policies and procedures
 Examine all related market data and reconstruct trading using various automated tools and methods
 Interact with member organizations to obtain information and documentation
 Draft investigative memoranda detailing investigative findings and recommending appropriate disposition to management
supported by factual evidence.
 Conduct rigorous reviews of Internal Controls, Research,Affiliates, and Retail branch supervision to ensure compliance
with SEC, FINRA, and NYSE rules.
ENERGEX OPTIONS, LLC NewYork, NY
FloorBroker 2013 -­­2015
 Developed profitable structuresfor over 50 clientsincludinghedge funds, major national banks, market makersand
private trading firmsmanaging hundreds ofmillions of dollars in assetsfor clients.
 Personally generated over 25% of total company revenue, representing millions ofdollars annually.
 Process billingsand handle trade and trade blotter reconciliation’s for back office and middle office responsibilities.
 Perform supervisoryfunctions, includingmonitoring dailyexception reports, trade reporting, risk less principal reviews,
short sale locate & transaction reviews.
LIQUIDITY ENERGY, LLC NewYork, NY
OTCBroker 2012
 Brokered natural gas options on behalfof seasoned brokerage firm specializing in energy markets, ranked among top
three Natural GasOTC brokerage shops by ICE.
 Developed profitable relationshipswith key clients, managinghundredsof millions of dollarsin assetswhile workingon
futuresand options execution desks and tradingfloors for firms.
 Created structures which resulted in millions of dollarsin profits, incorporating knowledge of natural gasand crude oil.
 Develop and maintain compliance policies and proceduresrelevant to FINRA and SEC rules, includingthe firm’s Written
SupervisoryProcedures and Supervisory controls.
 Resolved tradingdisputesin real time, includingapproving & monitoringall error positions to minimize the firms
regulatory& risk exposure.
PRIME INTERNATIONAL TRADING NewYork, NY
Energy Options Volatility ArbitrageTrader/Market Maker June 2012
 Served as Trader and Market Maker for group backed byPrime International, providing liquidity for crude oil market.
 Managed up to 200 tradesdaily, representing millions ofdollars in assetsunder management for key clients.
 Utilized WhenTech to adjust dailyvaluesin line with market movements, ensuring competitive pricing strategies.

2.  Performed updates to option trading model parameters, improving accuracyofmarket making and trading.
PIONEER, LLC NewYork, NY
Energy Options Volatility ArbitrageTrader/Market Maker 2007-­­ 2012
 Managed natural gasoptions tradesfor energyoptions firm generating several million dollars in annual profits.
 Developed and implemented strategiesincorporatingnonlinear dynamicsprinciplesto commodity options market,
successfully applyingmethodology to natural gasand cotton options.
 Contributed tooversight of natural gasportfolio, hedging and managing delta exposure, skew risk and volatilityrisk.
 Oversaw training of trading assistants and clerks, ensuring adherence tocorporate policies and procedures.
 Risk assessment surveillance includingthe review, approval, and monitoringof trader position limitsto ensure the Firm
stays within itsfinancial guidelines.
RiskAnalystJuniorTrader-­­AssistantTrader 2004 -­­2006
 Developed and implemented option hedging strategies, directing ordersintoenergyfuturesmarkets.
 Worked with traders carrying millions of dollars in risk each day, calculating riskanalysis across multiple markets.
 Reviewed and verified a high volume of trades, achieving impeccable trackrecord of excluding errors.
TraderAssistant/FloorClerk 2004
 Contributed to oversight of dailyfloor operations on behalfof independent energyoptions traders, providinginstant
pricinginformation which enabled market making and tradingof options.
 Managed traders'positions, evaluating riskpotentials and executing appropriate hedges when necessary.
 Oversaw tradingstrategiesusing extensive knowledge ofenergyfuturesand Black--‐Scholes option pricingmodel.
EDUCATION
HOFSTRA UNIVERSITY Hempstead,NY
Bachelor'sDegree-‐‐LiberalArts May2002