Managing Director, PIMCO, Newport Beach, CA                             July 2007 - July 2018

Global Head, Portfolio Risk Management                                        October 2009 -July 2011

Portfolio Manager                                                                        July 2007 – October 2009

Specialist for US derivatives and helped manage PIMCO’s absolute return strategies (PARS). As derivatives specialists, oversaw all US based rate derivatives and helped develop strategies to implement macro and relative value themes. Executed trades as well as trained junior traders, generating substantial P&L for the firm while on the desk.

Portfolio Manager, Ellington Management Group, Old Greenwich, CT

                                                                                                        February 2005 - February 2007

Portfolio Manager with $100mm mandate dedicated to macro and relative value themes. Strategies include options, duration, curve, spreads, mortgage basis, and currency. Option strategies include short and long dated options, skew trades, mortgage options, currency options and curve options.

Trader, Caxton, New York, NY                                                 March 2004 – December 2004

Co-managed $600mm mandate dedicated to U.S. fixed income macro and relative value themes. Strategies included duration, curve, spreads, volatility, mortgage basis, relative value gamma, convexity and convergence ratio trades. Option strategies included short and long dated options, skew trades, and relative value vega strategies. Relative value gamma trades consisting of options on swaps, options on Treasury futures, options on Eurodollar futures and mortgage options.

Managing Director, BlackRock, New York, NY                      March 1998 – March 2004

Senior Portfolio manager, member of the Fixed Income Operating Committee and the Investment Strategy Group. Part of overall development and implementation of derivative and option based strategy across the firm, including mortgage LIBOR mandates, total rate of return accounts and the firm’s hedge fund. Team leader of BlackRock’s hedging clients, including Mortgage Servicing hedging, CMBS hedging, duration and currency overlay.

Worked with mortgage servicing clients to hedge the economic and accounting risk of MSR’s. Clients included Fifth Third Bank, HSBC Bank, G.E. Mortgage and HomeSide lending. Strategies included swaps, options, Treasuries, agencies, futures, mortgages, mortgage options, POs and PO swaps.

Worked with duration and currency overlay portfolios to reduce risk and add alpha. Worked with clients to manage assets to targeted benchmarks taking into account their accounting requirements. Clients included NBAM, International Paper and Oriental Financial Group.

Senior Vice President, DLJ, New York, NY                             March 1997 – January 1998

Proprietary U.S. Government bond trader. Trading strategies revolved around identifying risk-reward trades based upon fundamental and quantitative analysis. Developed proprietary analysis/risk system for scenario analysis of trading strategies.

Director, Merrill Lynch GSI, New York, NY                            May 1993 – March 1997

Responsible for analytics and risk management systems for the U.S. Government bond desk and trading of a proprietary book. Developed and implemented hedging strategies for STRIPS desk. Worked with OTC option desk and developed various exotic option pricing models and trading systems. Supervised systems group with needs of desk regarding trading system requirements and implementation of proprietary models.

Programmer Analyst, Quantitative Financial Strategies, Inc., Conshohocken, PA

                                                                                                        May 1989 – April 1993

Helped develop quantitative research strategies for trading Futures, Forwards and Options using various econometric models. Responsible for developing and coding real-time trading systems for these strategies. Updated and maintained firm’s proprietary Tactical Asset Allocation model.