JAMES CLEARY

Brooklyn, NY 11209 917-816-5569 JFCRES28@yahoo.com

Member of the management team and senior operations manager that had a long track record investing in US, emerging
and frontier equities markets, fixed income, and private placements securities. Participated in all steps of the
investment process from idea generation to trade execution, settlement, performance, and risk monitoring.
CORE COMPETENCIES
Operation Management Settlement Operations Compliance Staff Supervision Training Disaster Planning
Risk Management Portfolio Strategies Portfolio Management Performance Measurement
Financial Management Accounting Processes Accounts Payable / Receivable Cash Flow Projections Budgets
Regulatory Compliance Policies / Procedures Development New System Implementation
Equities Bonds Equity Options/Derivatives OTC Instruments Private Placements
Daily NAV Corporate Actions Project Management Security & Account File Master

PROFESSIONAL EXPERIENCE
ZESIGER CAPITAL GROUP LLC, New York, N.Y.
An investment management company for separately managed accounts (SMA) for both institutional and individual assets.
Portfolios are concentrated and managed for total return.
Consultant
06/15 to 12/15
Operations Manager, Execution Trader, Controller
09/95 to 06/15
Management
Managed a group of 8 in trading, settlement, operations, accounting, risk monitoring, and IT operations on a daily basis.
Established daily work flow, reports, and daily P/L for investment team, trading, settlement, and accounting department.
Participated in discussion with internal and external auditors/regulators and was a key member with all SEC Audits. Provided
mentoring and support to employees of all background in the execution of daily roles and responsibilities. Cross trained all team
members. Member of Investment Committee, Employee Compensation Committee, and Pricing Committee for Private
Placements.
Trading
Responsible for trading of all US and international equities, bonds, FX, currency forwards, SWAPS, options, derivatives, and
OTC equity instruments with complete discretion on execution. Exercised best execution practices and limited transaction
costs. Skillfully forged and intensively managed relationships with global, US, and local brokers in more then 20 countries.
Ensured accurate communication and implementation of trading strategies between the investment team, trading desk,
operations, and compliance department. Established successful trading lines, netting agreements, and ISDA with brokers and
OTC counterparts. Created currency hedges where appropriate. Worked with executing brokers and custodian bank to resolve
all trades discrepancies and fails.
Operations
Managed the team that settled all trades via DTC, local markets, FED, and Euroclear. Reconciled all portfolio positions with
custodian banks. Products include domestic and foreign equities, 144A securities, currency forwards, bonds, OTC Equity
instruments, prospectus stock, and physical restricted securities. Co-managed the daily reconciliation of client investment
portfolios and securities pricing in our portfolio management system (PORTIA). Maintained accurate Security and Accounts
Master files used for reporting. Reviewed of all corporate actions, dividends, spin-off, stock splits, and reorganizations affecting
portfolio positions and correctly reflected in portfolio system. Produced client holding reports and performance. Verified integrity
of accounting and trading systems to ensure accurate daily positions. Coordinated with counterparties, transfer agents, and
legal counsels on any trade issues to ensure trades settled on time. Supervised front to back processing to ensure proper
controls and procedures are documented and followed.
Accounting
Responsible for overall financial management of the firm. Ensured compliance with audit standards and financial reporting.
Managed accounts payable/receivable, payroll, firm cash flow projections, capital account, and P&L. Created the annual
budget; monitored and reported variances to partners. Calculated quarterly UBT, commercial rent taxes, members
distributions, 1099s and capital accounts. Collaborated with external auditors to produce audited financial reports and member
K1s. Maintained partners capital accounts and distributions. Tested client fees invoicing.
Compliance
Wrote and updated trading policies, employee manual, and compliance manual with the CCO. Performed compliance testing to
ensure adherence to firms policies and escalated results as appropriate. Conducted annual review with CCO of firm
procedures, policies, books, and records to ensured SEC compliance and firm policies. Reviewed of all portfolio holdings of
SEC filings. Collaborated with compliance department to define and monitor trading policies and procedures related to
allocation, best execution, soft dollars arrangements, and client guidelines.

IT Management
Collaborated with IT consultants to ensure network performance. Coordinated all hardware and software upgrades, system
development, and general maintenance; articulated issues and requirements in written and verbal form for production.

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JAMES CLEARY
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ZESIGER CAPITAL GROUP LLC - CONTINUED
Risk Management
Reviewed all trading relationships with brokers and OTC counterparties. Analyzed counterparties risk and made adjustments to
limit exposure. Produced risk management reports showing securities holdings based on performance, weightings,

liquidity, and market capitalization. Assisted PM in rebalancing of portfolio as appropriate. Investigated and
resolved all performance discrepancies and escalated as appropriate. Worked with operations manager and
compliance department to ensure all results are in accordance with GIPS and SEC requirements. Reviewed and
tested disaster recovery plan.
Project Management:

Played an instrumental role in the start-up and development of Zesiger Capital Group LLC, a highly successful asset
management firm, establishing trading, operations, and settlement platforms as well as accounting department.

During the startup of firm, collaborated with outside IT consultant to create new trading system. Led the migration of
client information from BEA Assoc. to Zesiger.

Set up new accounting system (PORTIA) which included clients and securities set-up, daily pricing, and performance
reporting. Created the project budgets for both the implementation of new system and the annual cost. Monitored and
reported variances to partners.

Worked with marketing group to create various performance matrixes including: country, region, sector, and market
capitalization.

Designed comprehensive portfolio reports allowing PM to view real time characteristics.

Directed the testing and quality assurance of all technology updates; articulated issues and requirement in written and
verbal form for production.

Developed and enhanced trade mapping files to enhance trading system, trade booking, and portfolio review.

Designed, generated, and evaluated reports for internal/external use to measure real time performance (P/L),
portfolios characteristics, and market risks.

Created the Error Tracking System to review all trade errors and take appropriate actions to correct errors.

Introduced and worked on a 24-hour trading desk for real-time execution in local markets.

Prepared company to tackle significant issues through strategic development and maintenance of disaster
management plans.

Created new reports tracking the posting of all corporate actions.

Developed various reports to automate delivery of accurate trade information to custodian banks to reduce trade
problems.

Minimized errors and ensured compliance with SEC requirements through creation / rollout / utilization of new trading
system and improve efficiency.

Built talented team of specialists that achieved promotions and added value to firm.

Managed the implementation of ALERT, OASYS, DTCC, Trade Suite, and Trade-on.
ADDITIONAL EXPERIENCE
BEA ASSOCIATES INC., New York, N.Y.
Assistant Vice President / Auditor / Derivative Trader
Investment management firm with $28 billion AUM in 1995 (wholly acquired by Credit Suisse Asset Management Group in 1997)
that managed mutual funds, separately managed accounts, and wrap programs.

Head Trader in the Global Derivative Group performing exposure management of all equity index accounts.
Handled cash flow investments, month-end adjustments, calendar roll, and foreign exchange adjustments.
Expertly counseled and supported Operations Manager in settlement, auditing, and security file master group.
Served on Employee Compensation Committee for 3 years.
EDUCATION / LICENSES
St. Johns University, Queens / Staten Island, New York
Master of Business Administration in Accounting
Bachelor of Science in Business Administration - Finance
Series 65
TECHNICAL SKILLS
Microsoft Office, PORTIA, Bloomberg, Trade-On
Novell, Groupwise, TradeSuite, Alert and Oasys
Various ECN such as Instinet, Future Trade and E Speed
MLX, Fidelity Wealth Central and Bloomberg Trade Book
Resume