RICHARD J.

LaVECCHIA
23 Carrington Court
Matawan, New Jersey 07747
(732) 765-1590
Email:rlc07e18@westpost.net

SUMMARY
An Operation Management Executive in the Fixed Income and Equities sector, which
encompassed overall operations management; systems implementation; team develop
ment; personnel management and improving performance and providing quality trade
r support. Demonstrated accomplishments in all facets of Fixed Income Banking an
d Securities Operations. Capable of managing a large professional staff, oversee
ing daily processing, project/product development and system conversions. Self-m
otivated and an effective manager working in any team environments.
PROFESSIONAL EXPERIENCE
Computershare (formerly EquiServe )-Jersey City, New Jersey
5/01-present
Managing Director Domestic Equities and Fixed Income Operations
Managed a group of 90 professionals, located in two sites, responsible for inves
ting shareholder cash and providing recordkeeping for each account. Fixed Income
and Equities processing included: Receiving, Balancing, Trading, Settling and p
erforming account reconciliation on a client and shareholder level.
* Streamlined processing across various applications.
* Consolidated processing area's between Canton, Mass and Jersey City, New Jerse
y.
* Responsible for overseeing a $12,000,000 operating budget.
* Reduced expenses by $1.5 million through automation enhancements, consolidatin
g functions and cross-training.
* Assisted with setting up broker activities so shareholder proceeds remain in E
quiServe accounts creating an increase in balance compensation.
Bank Leumi USA - New York, New York
6/00-5/01
Vice President and Director of Fixed Income Operations
Manage all securities and banking operating related functions. Process transacti
ons in a Proprietary Trading and Private Banking environment. Manage a staff res
ponsible for all functions relating to each product. Processing includes: Fixed
Income Trade Support, Repo and Reverse Repo, Coupon Payments, Bank Reconciliati
on, Investigations and all Fixed IncomeClearance/Settlement activities.
* Restructured the processing within the Domestic Private Banking operating unit
.
* Developed and implemented proper controls and procedures.
Deutsche Bank Securities Inc. - New York, New York
1998-2000
Vice President and Manager of Fixed Income Operations
Managed various aspects of the Fixed Income operations supporting Y2K testing. W
orked closely with SIA to effectively test all applications pertaining to millen
nium rollover date testing. Managed a staff responsible for scripting all functi
ons relating to each product. Processing includes: Fixed Income Trade Support,
Principal and Interest, Coupon Payments, Bank Reconciliation, Investigations and
all Fixed Income Clearance/Settlement activities.
* Implemented various enhancements with the ADP and ICI applications to support
back office activities for DBSI.
* Processed large volume transactions relating to the various instruments su
ch as: Treasuries, MBS, ABS, CMO's, Corporate
Bonds. Managed coupon collection and Principal and Interest
 for all Treasuries and Mortgage-Backed Securities.
* Directed all aspects of Y2K planning and testing for Fixed Income products.
* Managed Streetwide Testing for all Fixed Income products traded within the DBS
I units. Interacted with depositories,
exchanges, vendors and internal staff to successfully tes
t with the street.

Coutts & Co. (member of NatWest Group) - New York, New York
1996-1998
Vice President and Manager of Fixed Income and Equity Operations
Managed Private Banking Operations and Quality Control Group. Responsible for al
l client relationships and custody activities. Managed various aspects of the do
mestic operations supporting products such as: Governments, MBS, ABS, CMO, Corpo
rate Bonds, Mutual Funds and Money Market Instruments.
* Developed proper controls and procedures for Fixed Income Securities including
P & I and Treasury Coupons.
* Developed a process to outsource all processing, including clearing, to the Ba
nk of New York.
* Monitor the departments performance indicators resulting in the clients overal
l satisfaction.
* Developed a process, which eliminated aged exceptions, reduced expenses and re
stored credibility to the operations group.
* Conducted cost cutting exercise with different levels of management and consul
ting firms.
* Successfully reduced expenses 15% while handling an increase in productivity.
International Netherlands Group/Barings Securities - New York, New York
1996
Consulting - Reconciliation and Accounting
Held a short-term consulting assignment. Responsible for Bank Accounts vs Nostro
Accounts and stock record breaks.
Hong Kong and Shanghai Banking Corp. - New York, New York
1993-1996 Vice Pres
ident and Manager of Fixed Income Operations
Managed various aspects of the Fixed Income operations supporting products such
as: Governments, MBS ABS, CMO, Corporate Bonds and Money Market Instruments. Man
aged all functions relating to each product. Processing includes Trade Support,
Reconciliation, Fixed Income Clearance/Settlements activities and P & I. Manag
ed a group of 41 professionals responsible for Securities processing for all thr
ee legal entities Hong Kong, Midland and Marine Midland Banks.
* Processed large volume transactions relating to the various instruments such a
s: Treasuries, MBS, ABS, CMO's, Corporate
Bonds. Managed coupon collection and Principal and Interest for all Tre
asuries and Mortgage-Backed Securities.
* Designed user specifications and implemented systems for business and operatin
g units.
* Developed, implemented and monitored controls and procedures.
* Negotiated contracts with vendors.
* Versatile in both Banking Capital Markets and Broker/Dealer Operations.
* Restructured departments by redefining job requirements and consolidating staf
f functionality, which resulted in increasing
productivity.
CDC Capital, Inc. - New York, New York
1991-1993
Manager, Fixed Income International and Domestic Group
Managed the day-to-day processing for various products: Governments and Treasury
securities and all Mortgage-Backed Securities. Responsible for reconciling trad
ers P&L to back office/general ledger.
* Developed controls and procedures for MBS ABS, CMO's and Corporate Bonds.
* Implemented the Bank of New York's LASER System for processing International a
nd Domestic Products.
Chemical Bank - New York, New York 1978-19
91
Vice President, Fixed Income Operations Group
Assistant Vice President (1986), Assistant Treasurer (1984), Assistant Manager
(1981)
Developed staff to process all aspects of Mortgage-Backed related products such
as; Asset Backed-Securities, Collateralized Mortgage Obligations and Agency tran
sactions. Managed a group of 32 professionals focusing on various projects rangi
ng from system implementation, reconciling accounting records and principal and
interest collection.
* Managed cost analysis pertinent to the specific department in relation to seni
or management's
expectations. Decreased annual expenses 25% while increasing productivity b
y 35%.
* Successfully gained market information serving on various committees and agenc
ies.
* Increased transaction volume 50% by implementing a small internal networking s
ystem to process new products.
* Worked on implementing Foreign Exchange and Foreign Security activity through
international clearing.
* Supervised the securities accounting group: balancing profits and losses to ge
neral ledger and business units.
* Structured the operations group for Futures and Options.
* Directed a team of five responsible for implementing the accounting and accrua
l functionality on a system,
which is the foundation for Fixed Income Products.

EDUCATION
Attended Pace University in 1980 concentrating on a degree in Finance
PROFESSIONAL DEVELOPMENT
Mortgage Backed Securities Clearing Corporation (MBSCC) Regulatory Committee
Depository Trust Company (DTC) Clearing and Settlements Committee
Participant Trust Company (PTC) Re-engineering Group
Alternate Committee Member for Working Efficiency with the Federal Reserve Bank
on Foreign Exchange
CHAMP (Chemical's Executive Management Program), Business Writing and Presentati
on Courses, Introduction to Capital Markets, Bond Market Courses, Future and Opt
ions Courses. American Management Association on Career Development