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Manager Project

Location:
Arlington Heights, IL
Posted:
February 10, 2013

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Resume:

Tom OConnor

Email: abqjgb@r.postjobfree.com

Address: *** *.******** **

City: Arlington Heights

State: IL

Zip: 60004

Country: USA

Phone: 847-***-****

Skill Level: Director

Salary Range: $140,000

Primary Skills/Experience:

See Resume

Educational Background:

See Resume

Job History / Details:

Tom O'Connor, CFA

104 N. Wilshire Lane, Arlington Heights, IL 60004

847-***-**** abqjgb@r.postjobfree.com

Executive Summary

Senior Financial Services professional with significant progressive experience in risk management, structured finance, business development, operations, product management and relationship management. Excellent analytical, negotiating, organization and communication skills. Demonstrated ability to provide change management leadership to all levels of an organization.

Professional Experience

Bank of America Merrill Lynch 2008 Dec 2012

Key areas of responsibility:

Accountable for Group P/L with revenues of $130 Million and over 100 employees

Senior Relationship Manager for investment banks, asset managers and hedge funds

Managed Commercial Real Estate Products that covered CMBS, CRE CDO, Commercial Document Custody and Cash Management Services with AUA of $520 Billion

Managed CDO Products backed by ABS, MBS, Credit Default Swaps, CI Loans, Total Return Swaps and Middle Market Loans with AUA of $340 Billion

Senior Vice President, Private Label Securities Strategy Manager 2012 - Dec 2012

Responsible for creating resolution strategies for the banks mortgage loan representation and warranty exposure of $963 Billion related to 1,000 private label mortgage backed securitizations.

Created response protocol to address claimants demands for repurchase of loans for representation and warranty breaches.

Developed forecasting tools to predict repurchase claims and focus on key risk areas to better inform settlement strategies.

Managed communication with key claimants resulting in significant mitigation of litigation risk.

Senior Vice President, Divestiture Line of Business Manager 2011

Business Lead for the divestiture of the securitization trust administration business to U.S. Bank.

Met project timeline with no claims on $5 Million holdback.

Decision maker for ongoing business obligations including legal and regulatory inquiries.

Managed the legal process of assigning 8,000 contracts to the purchaser.

Responsible for the data migration and document transfer process.

Senior Vice President, Global CDO/CMBS Senior Product Manager 2010 - 2011

Line of Business Lead in the preparation and execution of the Divisions divestiture.

Voting member of the global risk management committee charged with designing and maintaining an effective risk mitigation framework.

Responsible for global implementation of best practices protocols with a focus on consistent risk mitigation practices and timely escalation of key risk issues.

Developed the Relationship Management group approach in Europe to create an integrated 100 person global team.

Tom O'Connor, CFA 847-***-**** Page 2

Senior Vice President, US CDO/CMBS Senior Product Manager 2008 - 2010

Managed 80 person Product and Relationship Management team.

Partnered with Treasury to manage $12 Billion of short term deposits and created new liquidity products for key clients.

Prepared and presented quarterly reports to the FDIC and OCC.

Provided expert testimony to the SEC.

Created process for managing over 100 ABS CDOs experiencing Events of Default and Liquidations.

Directed product development, business development, and groups daily operations.

Utilized Six Sigma tools to drive group wide operating efficiencies.

Created a framework to identify and assess high risk counterparty touch points to monitor counterparty exposure and liquidity.

LaSalle Bank 2005 2008

First Vice President, ABS CDO/Synthetic CDO Product Manager

Managed the expansion of the team from 35 to 110 employees over a two year span positioning the group to attain a leading market share position in the industry.

Led off-shoring projects resulting in a 15% reduction in costs.

Responsible for product development, business development, and the teams daily operations.

U.S. Bank (U.S Bank acquired First Security Investor Reporting in 200*-****-****

Vice President

Directed product development, business development and groups daily operations.

Priced all services for Bond and Tax Analytics Group while analyzing projected revenues and evaluating new business lines for business development staff.

Performed quality control reviews of monthly bondholder investor reports, tax returns, and loan servicer audits.

As Project Manager, designed, tested and implemented fully-integrated bond distribution calculation and REMIC tax software in SQL.

First Security Investor Reporting 1994 2002

Senior Vice President

Led growth from startup stage to a group with 25 Analysts reporting on 500 securitizations per month.

Developed largest client relationship which provided 40% of firms revenue.

Developed all initial analytics models and quality control procedures; enabled new products to produce 25% of firms total revenues and provide greater diversification of services.

Altschuler, Melvoin Glasser 1991 1994

Assistant Vice President

Developed and system tested investor reporting and tax models for mortgage-backed securities.

Prepared investment and due diligence packages for portfolio of commercial real estate properties for sale in GSE sponsored auctions.

Education

Bachelor of Science, Finance, High Honors, University of Illinois, Urbana-Champaign, IL

Professional Development

CFA Charterholder



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