Sunday, August 24, 2008

The Smoking Gun

Some may have seen the recent drop in silver and gold, seemingly out of the blue. Here is an article that sheds a little light on the subject.

Wednesday, August 6, 2008

Operations Control Manager

Good day,



I'm with BCI, and I was curious if you or someone from your professional network might be interested in this opportunity:



Job Order:

DM0566-010-511



Title:

Operations Control Manager



Location:

Chicago, IL



Summary:

This position will be responsible for issues related to internal
operations control and liaison with external and internal groups.
Additionally the position will serve as a resource for the operations
team and be responsible for development and review of policies and
procedures. The individual in this position will also work on special
projects and be the department's point of contact for external/internal
audit teams.



Responsibilities:

Review operations errors and facilitate the creation/maintenance of policies/procedures for Operations

Review projects for process automation and recommend appropriate tools/systems

Identify training needs and research, develop, and recommend training programs to meet business needs

Follow up on customer complaints and provide regular reporting on operations performance

Establish quality standards and create/manage systems to ensure process improvements and product and innovations

Work with all departments to ensure effective controls are in place
with regards to position reporting - identification and resolution of
inaccurate reporting.

Represent Operations in meetings with regulators/auditors on operations related issues

Follow up on outstanding audit items

Work with department heads to establish performance measurements and strong operations controls



Experience:

Bachelors Degree in Finance, Business or related major.

10 + years of progressive industry experience

Project management experience

Working knowledge of back office systems, GMI, Opics, RTA, etc.

Ability to assess/elicit technical information from external vendors and internal IT on behalf of operations

Extensive experience interfacing with clients and servicing customer needs

Ability to gather, analyze and assess data and recommend alternative solutions

Ability to develop reasonable recommendation considering resources, priorities and needs

Ability to assess client’s need relative to available projects and services



Compensation:

Commensurate with experience.



If you are interested in this opening, please email us a copy of your resume as an MS Word attachment.



Thank you,



Brooke Akins

BCI - Financial Services Recruiting

(312) 460-8222 x103

brooke@brokerageconsultants.com

www.bcius.com

Thursday, July 31, 2008

Financial Job Opening

Good day,



I'm with BCI, and I was curious if you or someone from your professional network might be interested in this opportunity:



Job Order:

DM0440-007-511



Title:

Risk Analyst



Location:

Midwest



Summary:

Diversified Financial Services firm seeks a Risk Analyst to join their
Investment Risk Management department. This person will be part of a
team responsible for asset analytics/modeling, attribution of value
changes, and economic capital calculations.



Responsibilities:

Actively contribute to projects involving the move to market value accounting

Develop analytic models to help explain volatilities of asset values

Provide attribution/sensitivity analyses for the sources of gain and loss under an economic framework

Work with Financial Reporting/Investment Accounting/Investment
System/Corporate Risk to develop these processes and move them to
regular, quality-controlled production as needed

Working knowledge/understanding of fixed income instruments, derivatives and the term structure of interest rates

General understanding of investment accounting helpful

Possess programming expertise in VBA and SQL

Analyze the sensitivities of the assets towards different market factors

Responsible for quantifying/analyzing/
attributing market value changes under normal and stressed scenarios



Experience:

Demonstrated ability to develop creative solutions to analytical problems, making use of spreadsheets, databases, and graphics

Strong mathematical skills/working knowledge as they relate to modeling/valuation of fixed income instruments and/or derivatives

Understanding of investments and related risk measures, particularly interest rate risk/credit risk

Ability to perform research through the use of internal/external information resources

Understanding of Investment Accounting very helpful

Able to clearly present information through the spoken or written word; compose well-written coherent documents

Able to challenge conventional practices; adapt established methods for
new uses; pursue ongoing system improvement; play with concepts and
ideas to create novel solutions to problems; evaluate new technology as
potential solutions to existing problems

Degree in financial engineering, economics, mathematics, actuarial science, computer science, or a related field

MBA and/or CFA designation encouraged

Knowledge of financial quantitative tools strongly preferred

Possess a good business understanding of investments and the ability to use quantitative techniques



Compensation:

Commensurate with experience.



If you are interested in this opening, please email us a copy of your resume as an MS Word attachment.



Thank you,



Brooke Akins

BCI - Financial Services Recruiting

(312) 460-8222 x102

brooke@brokerageconsultants.com

www.bcius.com

Wednesday, July 30, 2008

Here's an example of how to replace government



From http://www.slate.com/id/2196328/

USA Today
leads with a look at how environmental groups and big businesses are filling a void left by the government by directly cutting "unprecedented deals"
that involve trade-offs between new development and conservation. The
deals permit businesses to carry out new projects, such as oil drilling
or the construction of new power plants, without worrying about
opposition from environmental groups. In exchange, companies often
agree to preserve undeveloped land or to adhere to strict environmental
standards. "These private deals are a pragmatic way to accomplish good
things," an environmental lawyer explained.

Tuesday, July 29, 2008

New Route to Work

Here is a map of my current bike-to-work route.

"Lost" blog from the Cranky Manager

Monday, July 28, 2008

MCP61SM2MA AM2 uATX Motherboard Chipset NVIDIA® GeForce® 6100 (MCP61S ) Realtek ALC662 audio Realtek 10/100 Mbps Ethernet LAN Video NVIDIA® GeForce® 6100

I got a new computer from bestbuy for $250 to replace the p.o.s. dell I'd gotten used (and free) from my old workplace. It came with Vista which wouldn't run quicken2006 so I installed XP. But XP had no idea what my video card was and the nvidia drivers refused to acknowledge any nvidia hardware. Until I downloaded version 175.19 of the drivers (of about 1000 other versions), that is, which fixed it completely. File was named 175.19_geforce_winxp_32bit_english_whql.exe and available from nvidia website.

Hoping this helps somebody else.