Keith Izzo

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KEITH A. IZZO
145 Lexington Court, Holmdel, NJ 07733
917-364-2759
[email protected]
SUMMARY
Licensed sales professional with solid work experience and extensive knowledge of fixed income products. Held positions of
increasing complexity and responsibility on several high profile trading desks of major financial institutions.
PROFESSIONAL EXPERIENCE
ING FINANCIAL MARKETS, LLC
Operations Division
Senior Settlements Analyst, Repo Trading Assistant
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Processed and cleared all treasury, mortgage and corporate Triparty trades, which were in excess of $35 billion daily.
Verified all repo and reverse repo General Collateral Financing (GCF) trades on GSCC system daily, in excess of $25 billion.
Verified overnight funds positions with traders daily at 3p.m (Fed deadline), so that they could either borrow or lend additional
collateral depending on their particular funding needs at the time.
Cleared and settled all treasury, mortgage, and corporate repo and reverse repo trades daily.
Used ICI Impact system for settlement, trade comparison and position reconciling on real time position balancing vs clearing bank.
Assisted in execution, processing and confirmation of trades by ascertaining customer’s terms and providing collateral
requirements and interest rate levels.
CANTOR FITZGERALD SECURITIES CORP.
Debt Capital Markets – Repo Division
Trading Assistant
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August 2007- June 2009
New York, New York
May 2005 – August 2007
New York, New York
Calculated and submitted margin call exposure notices to relevant traders, sales people and customers.
Daily re-pricing and re-rating of existing positions.
Investigated and followed up on trade issues to ensure proper and timely settlement.
Reviewed and resolved inter-company breaks as per reports sent from operations control.
Distributed fail reports to traders and sales people on a daily basis. Followed up on all failed trades.
MAXCOR FINANCIAL INC./EURO BROKERS
Feb 2004 – Jan 2005
Institutional Corporate Bond Division
Vice President – Dealer Sales
New York, New York
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Worked on a team of two sales representatives covering 250 major regional and dealer accounts.
Worked directly with senior traders to help market swap ideas and position items to the dealer community.
Prospected and opened over 25 new dealer accounts across the United States and Europe.
Created and built database for all institutional and dealer accounts for a team of 15 sales people.
Maintained position of liaison between trading desk and back office for all corporate and government security trade clearing.
MERRILL LYNCH & CO
June 1997 – Feb 2004
Global Emerging Markets Institutional Client Division
Senior Fixed Income Sales Assistant/Senior Specialist (Feb 2002-Feb 2004)
New York, New York
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Acted as a liaison between clients and 12 institutional sales representatives by monitoring all transactions; resolved trade
disputes, acquired and secured documentation, tracked production credits and assisted in settlement issues of fixed income
securities.
Aggressively marketed repo desk priorities by executing and maintaining all customer repurchase agreement transactions
including issuing margin calls, re-pricing and re-rating existing positions.
Maintained effective links with Internal and Client Support Staff as well as other Merrill Lynch Divisions to track and expedite
orders as well as to minimize settlement problems and risk.
Acquired a fundamental understanding of a wide array of fixed income instruments including corporates, US Treasuries, and
credit derivatives with a strong emphasis on emerging markets fixed income securities.
KEITH A. IZZO
Page 2
MERRILL LYNCH & CO
Continued
Corporate Bond Loan Division
Trader’s Assistant (Feb 2000-Feb 2002)
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Responded to borrow requests from both proprietary traders and professional customers.
Negotiated loan arrangements with Institutional Securities Lenders and Brokers, including size, term, collateral and rates.
Dealt with failed trade analysis and ensured that all failed trade queries were resolved appropriately.
Acted as the liaison point between the corporate bond loan desk and the internal support areas (predominately the Settlements
Department) to ensure that all trade problems were resolved in a timely and appropriate manner.
Rates maintenance - ensuring maximum return/reward for all existing positions.
Emerging Market Repo Division
Trader’s Assistant (June 97-Feb 2000)
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Directed processing and clearing of Brady and Euro Bonds related to financing including repo and reverse repo transactions.
Annual volume exceeded 100,000 trades totaling $500 million.
Worked closely with both Brady Bond Trading and Finance desks.
Managed organization fusing five different functions: trades processing, bookkeeping, receive and deliver, trading support and
margin to develop a team environment between the New York and London office
ERNST & COMPANY
Compliance Assistant
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May 1996-June 1997
New York, New York
Assisted the Director of Compliance in overseeing all market activity to make sure that all trading complied with SEC and
exchange regulations.
CANTOR FITZGERALD SECURITIES CORP.
Government Securities Broker
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October 1986-Feb 1996
New York/Tokyo, Japan
Managed operations involved in the buying and selling of Government Securities.
Directed and contributed to the professional development of a 9-member team of brokers.
Monitored portfolio hedge activity including interest rate swaps, floors and caps for retail and dealer clients; assisted with
speculation; provided information on current economic news.
LICENSES
Series 7 and 63
EDUCATION
BACHELOR OF ARTS IN SPANISH, 1984
New York University, Washington Square and University College of Arts and Sciences
Magna Cum Laude • Minor in Speech Communications
LANGUAGES
Fluent and bicultural in Spanish • Working knowledge of Japanese
PERSONAL
Willing to relocate and perform work related travel • Two Time Marathon Finisher
REFERENCES AND FURTHER DATA AVAILABLE UPON REQUEST
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