Independent Business Consultant
- Content advisor and contributor for a premier motoring enthusiast media outlet, providing marketing services increasing gross revenues.
Results-oriented financial services manager with extensive experience in: fund operations, securities valuation, corporate actions, and personnel management.Demonstrated highly functional ability at high pressure and time sensitive decision-making in situations with high levels of ambiguity.
Team manager for the grassroots racing team "Hofmeister Kinks," engaged in recreational motorsport, specifically endurance racing.
Manage and administer the investment programs of Rotary International, its foundation, and retirement plans. Including: monitoring and compliance with investment policy statements; addressing issues with the custodian bank, investment consultants and investment managers; coordinating and managing investment restructuring and transitions; preparing various investment reports for the Board, Trustees and management. Management responsibility for Investment Department staff.
Ongoing private equity manager monitoring and due diligence; covering directs, fund of funds, secondaries, and co- invest funds.
Maintain relationships with current and prospective investment managers to remain current on investment opportunities and strategies of interest to Rotary.
Responsible for ongoing investment manager due diligence including, performance monitoring, manager site visits, and annual conference calls. Drafted Rotary’s Due Diligence Questionnaire.
Responsible for advance memorandum investment items for the Investment Committee, Board, Trustees and other finance committees. Presentation of investment material.
Production of investment-related material for senior management and Rotarian volunteers for use in Board/committee meetings.
Annual review and authorship of investment policy statements and manager guidelines to ensure appropriateness, recommending updates as necessary.
Revised departmental policies and procedures having identified opportunities for improved operational efficiency. Updated procedure documentation.
Successfully negotiated reduced commission levels for the life income agreements reducing the soft-dollar per-share transaction costs from 5-10 cents to 2 cents.
Researched and wrote the Rotary International Retirement Committee Charter.
Remain current on capital market landscape through attendance at client conferences and participation in client
webinars and conference calls.
Restructured Rotary’s investment management partnerships resulting in improved operational efficiency and eased tax
Production and distribution of monthly and quarterly investment reports to Directors, Trustees, committees, and staff.
Develop and approve annual budgets for investment earnings and investment-related fees.
Responsible for directing cash flows and asset rebalancing activity in accordance with the IPSs and ad-hoc inter-
Managing the closed defined benefit plan’s LDI glide-path, managing cash flows and rebalancing as appropriate.
Group responsibility: Accurate daily pricing and evaluation of all asset classes: equity, debt, mortgage related and asset backed, bank debt, currency, complex derivative instruments, domestic and foreign, held across the fund family and all third party accounts, achieving NAV accuracy of 99.9%.
Experienced with complex derivative products; CDS, total return swaps, inflation swaps, to ensure accurate valuation by the group, either by internal modeling or valuation by external pricing vendor.
Enhanced international fair valuation process to specifically consider target countries on holiday. Initiated the tracking of significant global events whose consequences could dictate fair valuation action.
Responsible for ongoing research of fair value price determinations of all security types within the portfolio including; fixed income and structured products.
Researched the application of a fair valuation metric to international debt securities to reduce staleness of certain fixed income security prices.
Led monthly pricing committee meetings, composed of members of the executive management team, discussing concerns relative to investment valuations within the fund complex.
Responsible for the direction and management of an annual budget of approximately $1 million. Expenses include; pricing vendor fees, salaries, travel and continuing education.
Successfully implemented an automated FASB 157 compliance process, applying knowledge gained through evaluation of topical research and industry best practices.
Performed continual evaluation of available pricing services for numerous investment types. Identification and contract negotiation with the most accurate and cost effective pricing sources.
Acted as the liaison between JNAM and both internal and external auditors responding to inquiries regarding pricing and process controls.
Successfully engaged in continual process review, guaranteeing adequacy of appropriate controls resulting in clean audit and SAS-70 reviews.
Enhanced internal controls for money market 2a-7 valuation testing in response to changing credit market conditions.
Developed and implemented international fair valuation processes with trigger events applicable to specific regions to effectively minimize arbitrage opportunities.
Developed an Access database for monitoring debt security valuations and credit quality degradation in an effort to proactively identify potential security defaults.
Designed and implemented for the executive pricing committee review and risk management on a daily and monthly basis, reports regarding security and fund fair valuation, defaulted & distressed securities, stale security identification, and broker quoted issues.
Maintain relationships with custodian, key service providers, and sub-advisors to obtain current information, resolve discrepancies and increase accuracy with regard to corporate actions, pricing, and trading activities.
Performed reconciliations between Jackson, the custodians and the sub-advisors with regard to settlement of cash and positions resulting from daily trading activity and corporate action events.
Excelled at providing outstanding inbound telephone support to wirehouse and regional brokers of Kemper’s mutual fund products by providing updated fund information and introducing new products.
Member of the Financial Research and Analysis Team: responsibilities included updating fellow investment representatives about market conditions and the affects on the international funds.
Ran orders to and from the trading pits. Entered orders received from brokers into the electronic trading system and endorsed orders when filled.
Checked for errors in the orders that had been processed through the electronic trading system at the end of the trading day including open order call back.
CFA Level 3 Candidate.