Profile of Mark Melzl cash equities, listed equity derivatives, corporat actions / compliance

Mark Melzl ( Available )

Old Bridge, NJ - 08857 USA

Expertise :	cash equities, listed equity derivatives, corporat actions / compliance
Job Type :
Position :

Resume

SUMMARY

Mark M. Melzl
Registrations : NASD Series 7, 63, 4, 24. CRD # 735734 ; NFA ; registrations as a CTA Commodity Trading Advisor ID # 0280927

PROFESSIONAL EXPERIENCE

September, 2007 - September, 2009

Senior Business Analyst or

Merrill Lynch Equity Derivatives

Merrill Equity Derivatives encompass both listed and OTC equity derivatives in America, Europe and Asia. Worked with the trading desk for listed derivatives and convertible bonds to resolve intra day booking breaks, as well multi book breaks and profit and loss monitoring in the RAM risk system.
Worked on the design metrics for listed derivative P and L reporting structure.

Working with Merrill s internal trading desk, compliance and IT to, liaison on new business initiatives and work on clearing up issues with old trade breaks and system inconsistencies.
Worked with major data vendors on several initiatives swapswire, options symbology where I dealt directly with it in defining requirements and data vendors to run various price testing scenarios for clean and dirty pricing.
documenting the equity derivative process and procedures in BRD s as well all working documentation. Drawing on my knowledge of key equity derivative products both from a flow and a lifecycle perspective.
I have contributed the new derivatives instrument master Hydrogen and worked with the revisions in OCC symbology, as well representation to the steering committee on both Swapswire ISDA OTC side and new and current listed instrument mapping in coordination with Markit swapswire s parent.
working with FINRA coordinators on the Convertible bond Fixed Income TRACE system with over or underreporting issues.

I help coordinate the Merrill technical and business approach as compared to other street partners, writing requirements setting initiatives, giving input and using examples from previous initiatives and market experience to help drive the projects forward.
All database queries were done in SQL and the results were extracted and imported into excel so that analysis could be done, the files were locked and distributed.

June, 2007 - September, 2007

Project Manager or

Bear Stearns Derivatives Merrill Lynch Equity Derivatives

Served as the Listed Equity or Index derivatives SME for the Institutional Broker IB and Institutional Advisor IA website development and re-deployment team.
Elicited from the business sponsors missing requirements associated with internal BEARTRADE system for processing of listed equity options working with wire frame and web developers to develop new DMA Bear options trading.
The designed GUI interface was compiled to be both state of art, compliant and allow for modular expansion in the future.
My role was to supervise the design of 2 views internal and client facing to facilitate and check wire frames for cross functionality to present to management for signoff and then to supervise the design and build of mock ups, get buy in from users and hold focus groups with clients and IA s.
Ultimate goal was to establish a best of breed idea that was clean functional, compliant and modular.
The website was designed, wire framed and mocked up on test servers at the time of the Bear fund implosions, the project was placed on hold at that time and Bear options trading has since been rolled into the J.P. Morgan trading desk.

August, 2005 - June, 2007

Senior Business Analyst or

Morgan Derivatives

Working with the JP Morgan s subsidiary NEOVEST to implement DMA Direct Market Access for JP Morgan institutional Equity Derivative traders. Working closely with the business to plan for the implementation of a more functional and robust trading platform .I defined the pricing and applied pricing structure for listed derivatives on the in house and database schema's. DMA was chosen because of the JPM or Neovest tie in, however in order to do direct market access new piping and messaging had to be conceived, mapped out and programmed .I flowcharted the old and the new proposed systems, highlighting bottlenecks and areas where throughput could be maximized. This involved BRD s fix messaging changes, especially for multileg trades Use or test cases and facing with compliance and getting end user feedback internal and external. In addition to working across various order entry systems ie black box algo trading package and the quant designers and smart routing the end product encompassed a change in the point of liquidity access provider and a restructuring of systems processing from end of day batch to intra day micro batch.

JP Morgan ~ Fixed income
Senior Business Analyst Latent Zero Fixed Income Implementation

JPM consolidated 5 internal accounting systems prior to transformation to the Latent Zero fixed income system CAPSTONE. Project involved consultation with front end trading desks ~ Trading, Portfolio Operations and Portfolio management discussing items that are working and not working. Finding system and pricing disparities and working to design a common data mapping approach across the enterprise. Working with 5 other data analysts from Columbus and London to ensure core data consistency across regions .I have analyzed existing fixed income vendor data flows to the granular level, provided mapping and Visio s of both upstream and downstream data with different pre and post calculation phases. Suggesting possible re mapping and re structuring of specific areas for future efficiency and expansion .I also interface on a weekly basis with compliance to work out details of reporting requirements according to current and proposed NASD and SEC rules and regulations.

January, 2004 - August, 2005

Vice President or

Royal Bank of Canada NY NY

Manage the US Product Control Team team of approx 9 15 people 10 Reports
VP global equities the trading desks and their books of business rolled into my department, IT metrics, all connectivity, compliance reporting and desk profit and loss.

Oversee the daily P and L production, risk analysis, P/L analysis and accounting processes around the month-end close. Products include listed equity options, equity and interest rate swaps, cash equity and interest rate swaps, cash equities, futures and other related products.
Prepare formal month-end price testing review with intra-month ad hoc pricing where appropriate
Prepare monthly reserve analysis and ensure business is in compliance with reserving policies bid/offer adjustments, etc. Run analysis on P and L vs Billing by desk and book.

Daily interaction with traders, sales, Middle Office and other infrastructure groups legal, compliance, regulatory, accounting policy
Active role in new system development front and back end systems, enhancements and implementations
Ensure continued compliance with Sarbanes-Oxley control requirements

Manage the project team for enhancements to legacy systems. Gather requirements from front end users typically the trading desks, create business requirements documents, map out technical flows and turn them over to the technology teams for development. Manage outside consultants and members from other groups. Responsibility areas include : Equity Execution Services area, specifically, : Order Desk, P and S, DVP or RVP Account Support Institutional Services, UIT trading desk support, Options Equity and FI, swaptions and settlements
Managed account operations support of internal and external money managers.
Muni and corporate bond operations, Government bond operations, Futures and Options operations.

Ensure that technology, compliance and senior management are involved to the extent that the finished product is conceived, documented and adheres to all current rules and regulations.

October, 2001 - December, 2003

Senior Business Analyst

Alliance Capital Management ACMC , NY

Alliance Capital management undertook an initiative to replace all their client centric wealth management and accounting legacy systems with the EAGLE suite of products STAR/PACE and Message center. Our group was the initial team that formulated the new system interface specifications, starting with detailed business strategies, we defined functional requirements, outlined the steps required to design interfaces with the EAGLE off the shelf package. This included > detailed specifications, > test cases, > unit testing, > integration testing and front to back testing and commission and billing intergration. My specific product areas included front to Order entry to floor to ledger to customer equities, listed equity derivatives, single stock futures, corporate actions, stock borrow/loan and pledged instruments for Alliances multi-currency global portfolio. The completed system allowed for multi currency, multi market cross border with base and secondary currencies.

February, 2000 - September, 2001

Consultant

Financial Technologies International FTI , NY

As East Coast Manager, took over the team of 2 in March 2000 and participated in design, development and mapping of the FTI Data Model product/reference Security/Master. Etrade working with ETRADE and FTI as Senior project manager it was my responsibility to not only scope the project correctly but to maintain client expectations and ensure the products and systems were delivered on time and functioned properly. The projects were delivered in accordance with the clients specs and in the software delivery lifecycle. Then as Senior Project Manager, designed, developed and led the project team to establish global cross border trading on a segmented phased rollout of 12 separate countries that were Euro-based .I allocated sufficient resources to meet the client s go live deadline expectations and allowed sufficient room for testing and potential issue resolution. This involved bringing together the proprietary database team Etrade or FTI with the TRP Transaction Processing, mapping and testing teams. Coordinated over 100 people with FTI, E-Ttrade and 2 data vendors - Reuters and Bloomberg - and managing outside vendor relationships.

November, 1999 - February, 2000

consultant

Refco Futures Inc , NJ

As Senior Business Analyst, participated in building the futures trading gateway later to dovetail with the buyout of Lind Waldock dealing with the AGS and the fixed income division. Worked with the trading desk on MBS, ABS and Government trading in defining requirements and writing detailed specifications from both a business and compliance perspective. Refco purchase Lind Waldock in February of 2000 and had an excellent system integration

March, 1999 - October, 1999

consultant

Pfizer Corporation , NY or Hoffmann La-Roche , NJ Refco Futures Inc , NJ

Project Manager for the Y2K remediation effort involving Clinical Data Operations. Highlights included : reviewing existing software/ hardware structure for compliance ; mapping out certification plans with existing system vendors or Directors ; design and implement project plans for contingency change implementations ; design and structure SAS or Y2K testing certification lab.

March, 1998 - March, 1999

consultant

Donaldson Lufkin Jenrette , NY

Specialty Brokerage Consultant for the Emerging Markets Division responsible for Quality Control and Year 2000 Compliance testing. The criticality of the Y2K procedures required code experience and attention to detail and the ability to work in an IT corporate structure. In the second phase, member of a two-man certification team assigned to the rollout test of the B.O.L.T bond On Line Trading government bonds online web based fixed income or Bond-Trading system with total return and scenario type analysis and portfolio optimization models.

May, 1988 - December, 1998

President

Graphfax Corp., NJ

Founder and President of this start up financial software services firm. Responsible for investment and investor relations in the start up phase, then directly responsible for software design and marketing to the retail investor and to Brokerage/ Commodity houses for use on a managed account basis. The c++ quantitative trading programs were developed based on empirical models of credit and market behavior from historical data and the resulting predictive programs statistical and simulation-based are copyrighted and patent pending. The software is reviewed and approved by RJ OBRIEN, Rosenthal Collins, LFG Market Brokerage and Fox Investments for client suitability.

September, 1979 - April, 1988

Branch Manager

Charles Schwab and Co , NJ

Joined Charles Schwab and Co. in the Millburn office in an entry-level position and promoted to Supervisor of Trading in 1 year. Further promoted the following year to Branch Manager of the Red Bank office. After a 3 year expansion/ turnaround, was promoted to the Millburn office as VP Branch Manager, second largest office on the East Coast.
Conceived the trading desk concept in 1983 and implemented ACD telephone systems Rolm in the office.
Turned the Red Bank NJ office from a satellite office to a Schwab Presidents Club winner in 2 years.
Improved the Millburn office ranking in the branch system from 79th to 13th in 13 months.

Copyrights, Patents and Publications
25 separate copyrights for Tradestation Systems, C++ and indicators and paint bar studies.
1994 Published the Technical guide to selling index spreads in the options market
1995 Published the Technical guide to selling index spreads in any market environment
1996 Published the Tradestation Cookbook
1997 Published the Tradestation cookbook vol .2

1994 - 1998

Publisher of OEXFAX and the Spread Wizard nightly fax or email services

2004 Copyright Your Best Option ~ seeking a publisher

1979 - 1982

Union College or Rutgers University Newark , NJ BBA