Scarborough, Ontario, Canada
Neal has more than 25 years of work experience in the financial services industry and has worked in Canada and Asia. He was previously employed as a Consultant - Advisory Services with KPMG on a contract basis. Prior to that he worked as a Relationship Manager with Standard Chartered Bank PLC (Financial Institutions Group). Previous job responsibilities included; co-managing a credit portfolio of large institutional clients which encompassed commercial banks/non banking financial institutions. Some of the clients included pension funds, broker/dealers/ global custodians and multilateral fund agencies. As a Relationship Manager, his primary focus was to promote and cross-sell banking products and services such as Cash Management , Trade Finance, Treasury, Deposits, Syndicate Loans, Derivatives, Custodial and Securities Services. Neal has a MBA in General Management and a B.Sc. degree in Mathematics with a Minor in Business Administration from the University of South Alabama, U.S. He completed the Certified Management Accountant (CMA) (Australia) certification in 2021 and is now a member of the Institute of Certified Management Accountants - Sydney, Australia. Strengths; Team Player with the ability to work well with people of diverse cultural backgrounds Strong analytical background which includes research, credit evaluation and report writing skills Work Experience in Asset Management, Commercial Banking, Securities Services, Mutual Funds and Equity Research Solid academic background with strong a financial services experience coupled with capital market expertise in emerging markets and advisory. Willingness to learn new skills with a good information technology (IT) background and experience in working with global teams in correspondent banking, credit risk, operations, syndicate loans and audit.
Conducted quantitative and qualitative analysis and evaluated management decisions for 12 organizations in private, public and government sectors Recommended solutions to improve business efficiency, performance, cost control and policies Supervised junior members of the team and contributed to developing their business skills Liaised with clients and informed them of the progress and timelines of the assigned projects
Offered wealth management and other financial services to 35 retail clients and managed client portfolios Reviewed clients' investment objectives, risks and timelines to gauge financial expectations. Kept abreast of industry trends, financial market news and provided clients the latest business information and knowledge that enabled investment maximization. Educated clients on the progress of their investments and fund allocations
Co- Managed a USD $ 400 Million FI (Banks and Non-Banking Financial Institutions) Portfolio, which also included clients such as pension funds and global custodians. Promoted and cross sold banking products and services; Management and Payments, Trade Finance, Treasury, Derivatives, Deposits/Loans, Syndicate Loans and Securities Services. Responsible for the management of key performance indicators and business risk/return strategies of managed accounts. Increased revenues by 30% over a two year period by originating new clients Prepared business credit applications and monthly audit reports for all credit facilities in the portfolio and worked with regional loan syndications teams to raise loans totalling about USD $ 150 Million annually for domestic financial institutions Ensured a high level of account maintenance by delivering a superior client service in terms of account onboarding, customer due diligence and coordinating with clients on timely completion of standard credit and treasury documents prior to granting of facilities. This includes ISDA, CSA documenation for all derivative transactions. Promoted trade finance, as well as, coordinating trade asset sell downs with regional product teams to accommodate large trade finance transactions for local correspondent banks. Facilitated large trade finance transactions totalling about USD $500 Million for commodities such as crude oil and fertilizer on an annual basis. Provided global custodial services by liaising with global custodians, pension funds, and broker/dealers on equities, fixed income and other related investments Offered fund services to global financial institutions that included fund administration, compliance monitoring, accounting and performance measurements. Functioned as the Know Your Customer (KYC) Officer for the division with overall responsibilities in AML, Customer Risk Rating, Sanction Monitoring, OFAC adherence, PEP Assessment and Financial Crime Compliance.
Managed a USD $ 50 million equity investment portfolio Analyzed and recommended investment proposals for ALCO committee review meetings Responsible for the overall performance of the assigned investment portfolio, as well as, management and compliance reports for internal and government regulator audits Performed general administrative duties and coordinated special advisory projects funded by the World Bank (Access to Finance Program) Appointed as Project Manager for the first Treasury Management System implementation and supported performance optimization, documentation and change management
Responsible for the accounting of assigned U.S. and Canadian Mutual Funds portfolio with an investment asset size of CAD $ 200 – 350 million. Calculated daily Net Assets Values (NAV) for assigned funds under each assigned portfolio Performed daily cash processing and securities processing activities Prepared financial statements for semi-annual and annual reports