Expert in Investment Management, Hedge fund, Operations, Back-office, Middle-office, Technology
As the Chief Operating Officer and Chief Compliance Officer of Ada Investments, Expert radically improved the business operations of a quantitative equity hedge fund across Trading, Middle-Office, Back-Office, Investor Relations, Compliance, Technology, Legal, and Administration. As an executive at Bridgewater Associates, a global investment manager, he drove the largest transformation of middle- and back-office operations in the industry, and led a renovation of how technology is managed. As a senior management consultant at McKinsey & Company, he delivered top- and bottom-line business impact at financial services firms across the US, Europe and Latin America. As an engineer at Cisco and GE, he creatively applied technology to improve sales effectiveness and efficiency.
Expert earned an M.B.A. with distinction from INSEAD and a B.Sc. summa cum laude from Union College.
Expert may consult nationally and internationally, and is also local to the following cities: New York, New York - Yonkers, New York - Newark, New Jersey - Jersey City, New Jersey - Paterson, New Jersey - Elizabeth, New Jersey - Bridgeport, Connecticut - New Haven, Connecticut - Hartford, Connecticut - Philadelphia, Pennsylvania
|Year: 2004||Degree: M.B.A.||Subject: General Management||Institution: INSEAD|
|Year: 2000||Degree: B.Sc.||Subject: Computer Engineering, Economics||Institution: Union College|
|Years: 2014 to 2015||Employer: Ada Investments||Title: Partner, Chief Operating Officer (COO), Chief Compliance Officer (CCO)||Department: Management||Responsibilities: Transformed business operations of a quantitative equity hedge fund ($100M AUM, 22 staff, 2 offices).
Responsible for Fund functions (Trading, Middle-Office, Back-Office, Investor Relations) and Firm functions (Compliance, Human Resources, IT etc.)
Drove rapid improvement in business operations through process systematization, automation, vendor management and talent development, contributing 6% to annual net fund returns.
Fully redesigned high-volume quantitative trading (30M shares a month in 15 markets). Materially reduced trading costs and market impact through algorithmic strategies, end-to-end automation, and process design.
Negotiated and transitioned prime broker relationship to a top-tier bank to cut fund expenses and enhance service quality.
Delivered accounting system for complex portfolio of 4000 securities. Raised quality by automating 3-way P&L reconciliation.
Led successful due diligence engagements with investors.
Enhanced quality of marketing and investor communications.
Reduced firm risk through design and enforcement of stringent cybersecurity and compliance policies.
|Years: 2010 to 2014||Employer: Bridgewater Associates||Title: Senior Manager||Department: Strategy and Transformation||Responsibilities: Drove delivery for Bridgewater’s largest initiative - a four-year, 500+ person, $125B AUM strategy transforming Middle-Office and Back-Office operations in a unique outsourcing business model with BNY Mellon and Northern Trust.
Established and executed a multi-year strategy that radically improved BW’s business capabilities (e.g., to handle new financial instruments) and reduced risk, while minimizing disruption of day-to-day operations during implementation.
Conducted a deep review of the Asset Servicing and Fund Administration industry to select strategic partners for BW.
Designed a new tri-party business model, delivering reliable and rapid support and maintenance of fund operations.
Managed concurrent teams through the full product lifecycle from business requirements to deployment.
Delivered BW’s new systems (trading, portfolio management, accounting, data management) and new infrastructure on-time and within budget.
Orchestrated full-scale testing, proving out the viability of the integrated solution - staff, business processes, and systems.
Hired and ran a cross-functional organization of 50+ personnel from BW, outsourcers, consultants and vendors.
Owned commercial responsibilities (budgets, contracts, sourcing). Established new partnerships with technology vendors.
Led a comprehensive renovation of how BW manages technology and data across functions - business alignment, talent, architecture, development, operations and infrastructure.
Led a major effort for the Management Committee establishing BW’s technology and data renovation strategy. Collaborated with industry experts in assessing current-state, crafting the strategy, and hiring the implementation staff.
Drove holistic improvements in the quality of the architecture, software portfolio, data management, practices, talent, vendors of the Portfolio Management and Trading departments, creating additional business value and reducing risk.
Delivered BW’s first outsourcing of system maintenance and support, increasing customer satisfaction and reducing attrition.
|Years: 2005 to 2010||Employer: McKinsey & Company||Title: Associate Partner||Department: Management Consulting||Responsibilities: One of McKinsey’s key practitioners in financial services operations & technology, developing clients, and leading initiatives delivering top- and bottom-line impact at institutions across the US, Europe and Latin America.
Crafted a strategy for a wealth manager to re-architect its operations to increase customer retention and drive profitability.
Conducted M&A due diligence of a FinTech company for a top European private equity fund.
Designed a long-term sales strategy for a UK corporate bank to triple their regional market share with small businesses.
Led a long-term program at a global insurer to improve claims management outcomes and reduce costs through a combination of data analytics, predictive modeling of business rules, and innovative technology.
Launched a program to save $5B in operations and technology costs over five years for a Fortune 10 financial institution.
Created the M&A plan for a financial services firm, conducting post-merger integration for two $10B acquisitions.
|Years: 2002 to 2004||Employer: Sanmina||Title: Enterprise Strategic Initiatives Project Manager||Department: Sales & Marketing||Responsibilities: Managed a five global analysts executing business and technology projects increasing sales & marketing effectiveness.
Created a management tool to enable real-time visibility of sales data from 110 facilities, improving revenue forecasts by 20%.
|Years: 2000 to 2002||Employer: Cisco Systems||Title: Information Technology Engineer||Department: Sales & Marketing||Responsibilities: Ran cross-functional teams creating online business solutions raising sales force effectiveness and distributor revenues.
Initiated exhaustive data analytics of accounting systems after discovering irregularities, uncovering $3M in fraudulent claims.
|Years: 1998 to 2000||Employer: General Electric||Title: Information Technology Engineer||Department: GE Energy||Responsibilities: Implemented Six Sigma quality projects, including a new online application to increase compliance with safety regulations. Resulted in 20% fewer accidents and higher employee productivity. Project concept was adopted across GE’s businesses.|
|Years||Country / Region||Summary|
|Years: 1993 to 1996||Country / Region: Singapore||Summary: High school student|
|Years: 1993 to 1996||Country / Region: France||Summary: Business school student in Fontainebleau, France|
|Years: 1993 to 1996||Country / Region: UK||Summary: Management consultant in London|