SlideShare a Scribd company logo
ROBERT D. CORBETT
6 Old Lane Green Pond, Newfoundland N.J. 07435
BOBCANITA@A0L.COM
(973) 697- 5796
SUMMARY: Experienced Operations Vice-President.
Areas Include, Corporate Actions, Euroclear, PTC, Federal Reserve, DTCC,
JP Morgan Chase and the Bank of New York. Developed systems and
procedures for clearance of Corporate Bonds, Equities, Options, Foreign
Exchange / Nostro Accounts, Treasury and Mortgage Backed Securities,
Asset backed Securities, Repurchase agreements, Tri - Party Agreements,
Mutual/ Hedge Funds, Arbitrage Securities and Principal and Interest
payments. Reconciliation of Securities and Cash at all Depositories.
Initiated trade date balancing, to ensure trade date plus one settlement.
BK OF NY (2014)
(Consultant)
Tested and assisited in the delvelomenet of the
Bank of New York's new securities processing
system.
BARCLAYS CAPITAL CORP (2005- 2013)
Clearance of all Mtg Backed and US Treasuries securities thru the Bk Of
NY, GSCX system. Involved in the development of there internal operation
system (IMPACT).
Reconciliation of aged monies and security positions.
Training of personnel in the aspects of us treasuries and mortgage related
securities processing.
NOMURA SECURITIES INTL 2004- 2005
Consultant:
Clearance of US Treasuries, Agency’s and Mtg Backed securities thru the
Bank of NY via there GSCX System. Assigned securities to triparities via
There Repo-edge system and settled transactions thru the DTC System.
SAFRA NATIONAL BANK OF NEW YORK
(Vice President Securities Operations) 2000 to
2003
Responsibilities include cash and position reconciliation’s for DTC, PTC, Federal
Reserve and Euroclear. Systems development using Phase 3. Manager of 20
personnel, Engaged in clearance, balancing, stock record and ADR conversions.
Re-org/Corporate Actions, Domestic and off shore mutual/ hedge funds.
Foreign Exchange / Nostros Accounts. Roll Out of Broker Dealer.
Interaction with sales personnel, traders to develop procedures to balance on a
trade date basis. (For STP).
NOMURA SECURITIES INTERNATIONAL
(Fixed Income Operations) 1995
-2000
Developed, C.P.U. to C.P.U, link to Bank of New York for more efficient
clearance of U.S. Government and Mortgage Backed Securities. Reduced day
light overdraft approximately five thousand dollars daily. Implemented G.S.C.C.,
Blind Broker Business. Coordinated processing of London and Tokyo trades to
U.S. broker/dealer to improve settlement process and clear trades more
efficiently.
DAIWA SECURITIES AMERICA (Fixed Income Operations) 1991 -
1995
Responsibilities included clearance of U.S. Government Securities, Mortgage
Backed, Equities and Corporate Bonds. Completed implementations of Phase 3
Interface System with our clearing agents for Government and Mortgage Backed
Securities. Coordinated with traders and sales force to create and clear New
Issues, IPO’s, Corporate Debt Securities, either physical or DTC eligible, while
providing general problem solving capability to traders.
SHEARSON LEHMAN BROTHERS (Fixed Income Operations) 1988-1991
Completed development of C.P.U. to C.P.U. link to our clearing bank (VIA
RADAR) to improve clearing operation. Reduced clearing fees approximately
500K by renegotiating fee structure with clearing bank. Reduced financing costs,
in the Stock Loan Dept., approximately 100K annually by eliminating fails and
resolving aged fails. System Development for control of Stock Loan, Stock
Borrow Business. Revamped entire area to control fails, turnarounds, ACATS
and all mortgage related issues. Developed and implemented one account
concept for the ACAT’S Dept. which saved $200K annually by reducing the
number of security movements with the Bank Of N.Y. by two-thirds while
improving the control of segregated securities and complied with S.E.C. rule
15c-3-3.
SALOMON BROTHERS INC. (Euro-Bond Operations) 1976-1988
Managed all functions of instruction, settlements, finance, stock record, bond
borrows, reconciliation, new issues, conversions of securities and system
enhancements. Coordinated the development of the interface for Eurobond
Operations for both London and Frankfurt offices. Administered budgeting,
staffing, training for staff of three Assistant Supervisors and 25 support
personnel.
(International Fixed Income Operations) Assigned to London to develop
procedures and systems for the clearing of United Kingdom Gilts. Reorganized
Eurobond Settlements Area. Trained personnel in U.S. Government and
Mortgage Backed Securities. Developed systems and procedures to handle
Mortgage Backed Securities.
(Fixed Income Operations) Responsibilities included salary and bonus reviews,
interviews, and fail control, repurchase agreements and system development.
Involved in the development of Mortgage Backed Securities Clearing Corporation
Depository System for clearance of GNMA securities by means of a book entry
system. (P.T.C.) Provided significant problem solving capability for traders,
Salomon Branches and our customers. Presented lectures for Operations
Information Lecture Series. Assisted in the implementation of a C.P.U. to C.P.U.
Government Securities Clearance System. Involved in creating test scripts,
parallel testing and user acceptance testing. VIA Chase Manhattan Bank)
EDUCATION
Morris County Community College, New Jersey
Attended for Business Administration
US ARMY (1971-1973)
COMPUTER SKILLS
MSWORD, MSEXCEL, BLOOMBERG, EUROCLEAR, CEDEL CHASE AND
BANK OF NEW YORK

More Related Content

Similar to RDC RESUME 2

Glover_Kenneth_Res_Data Analyst1
Glover_Kenneth_Res_Data Analyst1Glover_Kenneth_Res_Data Analyst1
Glover_Kenneth_Res_Data Analyst1
Kenneth Glover
 
Resume recon and settlement new
Resume recon and settlement newResume recon and settlement new
Resume recon and settlement new
Noorul Hoda
 
Structured Finance Middle Office CDO Origination and Warehousing
Structured Finance Middle Office CDO Origination and WarehousingStructured Finance Middle Office CDO Origination and Warehousing
Structured Finance Middle Office CDO Origination and Warehousing
John B Murphy
 
Karen Costagliola's Resume
Karen Costagliola's ResumeKaren Costagliola's Resume
Karen Costagliola's Resume
kcostagliloa
 
DAVID M FIORITO - ResumeS
DAVID M FIORITO - ResumeSDAVID M FIORITO - ResumeS
DAVID M FIORITO - ResumeS
david fiorito
 
Debi Carter TM Jun16 functional
Debi Carter TM Jun16 functionalDebi Carter TM Jun16 functional
Debi Carter TM Jun16 functional
Debi Carter
 
Resume_Bart O'Brien_v3
Resume_Bart O'Brien_v3Resume_Bart O'Brien_v3
Resume_Bart O'Brien_v3
Bart O'Brien
 
Vinay NDS Resume
Vinay NDS ResumeVinay NDS Resume
Vinay NDS Resume
vinay NDS
 
Ian-Paul-Ross-CV-NEW-2015
Ian-Paul-Ross-CV-NEW-2015Ian-Paul-Ross-CV-NEW-2015
Ian-Paul-Ross-CV-NEW-2015
IAN ROSS
 

Similar to RDC RESUME 2 (20)

Kenneth Glover DTC - Ops - Settlements - reconciliations
Kenneth Glover DTC - Ops - Settlements - reconciliationsKenneth Glover DTC - Ops - Settlements - reconciliations
Kenneth Glover DTC - Ops - Settlements - reconciliations
 
Glover_Kenneth_Res_Data Analyst1
Glover_Kenneth_Res_Data Analyst1Glover_Kenneth_Res_Data Analyst1
Glover_Kenneth_Res_Data Analyst1
 
David michael fiorito resume
David michael fiorito   resumeDavid michael fiorito   resume
David michael fiorito resume
 
David michael fiorito resume
David michael fiorito   resumeDavid michael fiorito   resume
David michael fiorito resume
 
Resume 2016
Resume 2016Resume 2016
Resume 2016
 
International operations specialist
International operations specialistInternational operations specialist
International operations specialist
 
Resume 2009
Resume 2009Resume 2009
Resume 2009
 
Frederic mc gee resume 4 19
Frederic mc gee resume 4 19Frederic mc gee resume 4 19
Frederic mc gee resume 4 19
 
Resume recon and settlement new
Resume recon and settlement newResume recon and settlement new
Resume recon and settlement new
 
Structured Finance Middle Office CDO Origination and Warehousing
Structured Finance Middle Office CDO Origination and WarehousingStructured Finance Middle Office CDO Origination and Warehousing
Structured Finance Middle Office CDO Origination and Warehousing
 
Tom McNulty June 2011
Tom McNulty June 2011Tom McNulty June 2011
Tom McNulty June 2011
 
Tom McNulty June 2011
Tom McNulty June 2011Tom McNulty June 2011
Tom McNulty June 2011
 
Resume 2016A
Resume 2016AResume 2016A
Resume 2016A
 
Karen Costagliola's Resume
Karen Costagliola's ResumeKaren Costagliola's Resume
Karen Costagliola's Resume
 
DAVID M FIORITO - ResumeS
DAVID M FIORITO - ResumeSDAVID M FIORITO - ResumeS
DAVID M FIORITO - ResumeS
 
Debi Carter TM Jun16 functional
Debi Carter TM Jun16 functionalDebi Carter TM Jun16 functional
Debi Carter TM Jun16 functional
 
PFO FILE 8.0
PFO FILE 8.0PFO FILE 8.0
PFO FILE 8.0
 
Resume_Bart O'Brien_v3
Resume_Bart O'Brien_v3Resume_Bart O'Brien_v3
Resume_Bart O'Brien_v3
 
Vinay NDS Resume
Vinay NDS ResumeVinay NDS Resume
Vinay NDS Resume
 
Ian-Paul-Ross-CV-NEW-2015
Ian-Paul-Ross-CV-NEW-2015Ian-Paul-Ross-CV-NEW-2015
Ian-Paul-Ross-CV-NEW-2015
 

RDC RESUME 2

  • 1. ROBERT D. CORBETT 6 Old Lane Green Pond, Newfoundland N.J. 07435 BOBCANITA@A0L.COM (973) 697- 5796 SUMMARY: Experienced Operations Vice-President. Areas Include, Corporate Actions, Euroclear, PTC, Federal Reserve, DTCC, JP Morgan Chase and the Bank of New York. Developed systems and procedures for clearance of Corporate Bonds, Equities, Options, Foreign Exchange / Nostro Accounts, Treasury and Mortgage Backed Securities, Asset backed Securities, Repurchase agreements, Tri - Party Agreements, Mutual/ Hedge Funds, Arbitrage Securities and Principal and Interest payments. Reconciliation of Securities and Cash at all Depositories. Initiated trade date balancing, to ensure trade date plus one settlement. BK OF NY (2014) (Consultant) Tested and assisited in the delvelomenet of the Bank of New York's new securities processing system. BARCLAYS CAPITAL CORP (2005- 2013) Clearance of all Mtg Backed and US Treasuries securities thru the Bk Of NY, GSCX system. Involved in the development of there internal operation system (IMPACT). Reconciliation of aged monies and security positions. Training of personnel in the aspects of us treasuries and mortgage related securities processing. NOMURA SECURITIES INTL 2004- 2005 Consultant: Clearance of US Treasuries, Agency’s and Mtg Backed securities thru the Bank of NY via there GSCX System. Assigned securities to triparities via There Repo-edge system and settled transactions thru the DTC System. SAFRA NATIONAL BANK OF NEW YORK (Vice President Securities Operations) 2000 to 2003 Responsibilities include cash and position reconciliation’s for DTC, PTC, Federal Reserve and Euroclear. Systems development using Phase 3. Manager of 20 personnel, Engaged in clearance, balancing, stock record and ADR conversions.
  • 2. Re-org/Corporate Actions, Domestic and off shore mutual/ hedge funds. Foreign Exchange / Nostros Accounts. Roll Out of Broker Dealer. Interaction with sales personnel, traders to develop procedures to balance on a trade date basis. (For STP). NOMURA SECURITIES INTERNATIONAL (Fixed Income Operations) 1995 -2000 Developed, C.P.U. to C.P.U, link to Bank of New York for more efficient clearance of U.S. Government and Mortgage Backed Securities. Reduced day light overdraft approximately five thousand dollars daily. Implemented G.S.C.C., Blind Broker Business. Coordinated processing of London and Tokyo trades to U.S. broker/dealer to improve settlement process and clear trades more efficiently. DAIWA SECURITIES AMERICA (Fixed Income Operations) 1991 - 1995 Responsibilities included clearance of U.S. Government Securities, Mortgage Backed, Equities and Corporate Bonds. Completed implementations of Phase 3 Interface System with our clearing agents for Government and Mortgage Backed Securities. Coordinated with traders and sales force to create and clear New Issues, IPO’s, Corporate Debt Securities, either physical or DTC eligible, while providing general problem solving capability to traders. SHEARSON LEHMAN BROTHERS (Fixed Income Operations) 1988-1991 Completed development of C.P.U. to C.P.U. link to our clearing bank (VIA RADAR) to improve clearing operation. Reduced clearing fees approximately 500K by renegotiating fee structure with clearing bank. Reduced financing costs, in the Stock Loan Dept., approximately 100K annually by eliminating fails and resolving aged fails. System Development for control of Stock Loan, Stock Borrow Business. Revamped entire area to control fails, turnarounds, ACATS and all mortgage related issues. Developed and implemented one account concept for the ACAT’S Dept. which saved $200K annually by reducing the number of security movements with the Bank Of N.Y. by two-thirds while improving the control of segregated securities and complied with S.E.C. rule 15c-3-3. SALOMON BROTHERS INC. (Euro-Bond Operations) 1976-1988 Managed all functions of instruction, settlements, finance, stock record, bond borrows, reconciliation, new issues, conversions of securities and system enhancements. Coordinated the development of the interface for Eurobond Operations for both London and Frankfurt offices. Administered budgeting, staffing, training for staff of three Assistant Supervisors and 25 support personnel. (International Fixed Income Operations) Assigned to London to develop
  • 3. procedures and systems for the clearing of United Kingdom Gilts. Reorganized Eurobond Settlements Area. Trained personnel in U.S. Government and Mortgage Backed Securities. Developed systems and procedures to handle Mortgage Backed Securities. (Fixed Income Operations) Responsibilities included salary and bonus reviews, interviews, and fail control, repurchase agreements and system development. Involved in the development of Mortgage Backed Securities Clearing Corporation Depository System for clearance of GNMA securities by means of a book entry system. (P.T.C.) Provided significant problem solving capability for traders, Salomon Branches and our customers. Presented lectures for Operations Information Lecture Series. Assisted in the implementation of a C.P.U. to C.P.U. Government Securities Clearance System. Involved in creating test scripts, parallel testing and user acceptance testing. VIA Chase Manhattan Bank) EDUCATION Morris County Community College, New Jersey Attended for Business Administration US ARMY (1971-1973) COMPUTER SKILLS MSWORD, MSEXCEL, BLOOMBERG, EUROCLEAR, CEDEL CHASE AND BANK OF NEW YORK