This summary outlines the career of Brett M. Lear, who has over 18 years of experience in financial services and custody operations. He currently works as a Vice President at State Street, where he manages a team that oversees $350 billion in mutual fund assets. Prior to this role, Lear held several other positions with increasing responsibility at State Street, demonstrating a track record of strong client service and exceeding goals.

1. Brett M. Lear 7 Herrick Drive, Ipswich, MA 02170
617-407-2407/ brettlear@yahoo.com
SUMMARY
Ambitious, diligent financial service professional with 18 years of custody operations experience along
with an extensive track record of creating outstanding client service solutions and exceeding corporate
goals. Areas of expertise include mutual fund operations, securities lending, foreign exchange,
corporate actions, complex security transactions, and project management.
PROFESSIONAL EXPERIENCE
STATE STREET, Boston, Mass. 1998-Present
Vice President, 2012- Present
 Manage staff of 28 custody analysts to ensure supreme execution of daily operations for 750+
multi-currency mutual funds totaling $350 Billion in assets under custody.
 Project lead on concurrent internal and client driven system initiatives to ensure timely and
flawless execution.
 Awarded and converted 300+ new funds totaling $200B in new assets.
 Foster a collaborative work environment to cultivate and implement process improvements and
create group efficiencies while reducing overall expenses.
 Volunteer and participate in multiple corporate working groups to analyze and expand process
improvements to tighten controls and performance within the organization
Special Accomplishments:
 Bestowed divisional award for the execution and onboarding of $60B in new assets
 Received client-awarded number one ranking for client service out of 6 competing companies.
Assistant Vice President, 2007-2012
 Oversee daily custody operations for 250+ mutual funds totaling 130 Billion in assets.
 Managed internal teams and lead a business partnership with our client on the development,
testing efforts, and implementation of new multi-currency cash forecasting application.
 Generate and analyze data requirements outlining prior operational activity and fee negotiations
for upcoming client right for proposal.
 Create, reconcile, and analyze monthly and quarterly Profit and Loss Statements to reduce
expenses while creating methods to increase revenue and efficiencies within the team.
 Analyze management reports to measure effectiveness of operational environment and ensure
ongoing automation efforts to increase productivity.
Special Accomplishments:
 Nominated and Received Client Excellence Award in October, 2008
 Continue to receive number one client service quarterly rankings
 Volunteered to participate in State Street’s Mentoring program to assist and develop lower level
employees
Client Service Officer- Fund Manager, 2006-2007
 Manage group of fourteen mutual fund analysts’ daily Cash Forecasting and Reporting, Securities
Lending, Corporate Actions, and Domestic Custody Operations for top-rated mutual fund clients.
 Client technology liaison responsible for automating, testing and communicating new client
system products and implementing enhancements to current practices to reduce manual entry,
increase both internal and external efficiencies and continue to lead the industry in system
development.
 Streamline group procedures to increase 200 funds serviced while decreasing staff by 40%.

2. B. LEAR p. 2
Account Manager, 2001-2006
 Supervise and oversee staff of eight mutual fund custody analysts in daily operations, cash
projections, corporate actions entitlement, and securities lending activity for two hundred plus top
performing Fidelity Funds.
 Manage and maintain both internal and external client relationship for cash management services
and offshore transfer agent activity processed at State Street.
 Managed User Acceptance Testing for various client system enhancements and new product
development to ensure accurate and timely roll out; Custody Billing, Sub Portfolio, & Securities
Lending Implementation Projects.
 Developed strategy and application for Fidelity Investment’s client service centralization initiative,
which transitioned all custody-related activity at State Street through one division to ensure
accurate reporting, filter client specific inquires and monitor foreign and domestic markets for
daily settlements and potential risk.
Special Accomplishments:
 Awarded top rating for three consecutive years for overall performance on yearly review.
 Led group through seven consecutive quarters of number one client service ratings for cash
projections, securities lending and custody settlements.
Senior Custody Specialist, 1999-2001
 Acted as primary client contact with Fidelity Investments in managing their stock lending division
and foreign and domestic trade settlements.
 Oversaw Canadian and Domestic (DTC, FED, PHY) market activity and monitored potential risk
exposure to investment managers and portfolio analysts.
 Supervised and trained team of six portfolio administrators with cash projections and domestic/
international accounts to ensure correct reconciliation.
 Assisted Fidelity Fund accountants with any ledger account discrepancies.
Special Accomplishments:
 Obtained “Above and Beyond” performance award.
Portfolio Analyst, March 1998-July 1999
 Forecasted, determined and reconciled Mutual Fund investible cash and security movement and
share position in a deadline-oriented team environment.
 Processed daily Excel macro reports for the fund groups trading volume, cash availability, and
interest/dividend payments.
 Verification of daily trade activity through broker confirms and communicated any discrepancies
with trading brokers.
OTHER EXPERIENCE
Norwest Financial, Worcester, Mass.
Credit Manager, March 1997-March 1998
Seltel, Boston, Mass.
Sales Assistant, January- December 1996
EDUCATION
Northeastern University, Boston Mass.
BS Communications Studies/Marketing