Lawrence Scarpa

Experience

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  Jefferies & Company

  Jul 1990 - Mar 2008

  Director of Global Operations.Responsibel for US Isntitutional Middle Office, International Middle Office, global back office clearance and settlement. Designated as the registered principal for the business continuity plan and OATS. We cleared for 45 other broker dealers. Series 24/27 licensed Senior technology officer responsible for managing the infrastructure group and the individual development groups taht supported the functional businesses. Senior operations manager responsible for global transaction processing. Responsibilities included Institutional Equity Middle Office, global back office clearence and settlements. We cleared for 25 broker dealers. Responsible for various departments within operations and all technology projects for Operations Responsible for managing the new accounts and purchase and sales departments. Also responsible for technology for Operations.

  • Managing Director, Head of Global Operations

    Jan 2006 - Mar 2008

  • SVP and CIO

    Jan 2004 - Jan 2006

  • SVP and Director of Global Operations

    Sept 2001 - Jan 2004

  • First Vice President - Operations

    Jan 1995 - Sept 2001

  • Vice President

    Jul 1990 - Jan 1995
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  ICM Capital Markets, LLC

  May 2008 - Jan 2010

  MD - Head of Operations

  Managing Director of Operations for a startup broker dealer looking to expand its retail, institutional and trading business. Responsibilities included:• Part of The Management Team which defined the future direction of the business• Development of operational infrastructure to support new business• Selection of technology vendors for trading and operational platforms• Management of four FTE’s.• Responsible for middle and back office processing. • Management of 3rd Party Clearing Broker. • Collaborated with a 3rd Party Vendor on processing transactions for Employee Stock Purchase Plans (ESPP and ESOP) Show less

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  Rodman & Renshaw

  Feb 2010 - Dec 2012

  Senior Project Manager

  Project Manager/Middle Office Manager hired to manage the process of consolidating clearing operations for Rodman and Renshaw. Responsibilities included:• Responsible for building and maintaining the Project Plan• Provided Weekly Status Reports to all stakeholders• Define current and future requirements for back office processing. • Define criteria to evaluate clearing brokers• Selected clearing agents to participate in the bidding process • Evaluated and negotiated proposals submitted by clearing agents • Present to management findings and recommendations for selecting new clearing agent Show less

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  MLV & Co

  Feb 2013 - Nov 2015

  Operations Manager

  Accountable for all activities within the middle officeManaged the clearing relationshipEnsure compliance with OATS, TRACE, Rules 605/6, Reg M and employee trading Responsible for the settlement of all new issuesImplemented daily management reporting, process improvements and procedures for regulatory oversight, booking trades, processing allocations and opening new accounts

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  HSBC

  Nov 2015 - Aug 2016

  Project Manager

  Project lead to create new NY Middle OfficeWorked with HR, Compliance, Operations, Legal and Trading to move 10 staff members into the new middle office Created business requirements for the newly created positionsCreated process flows and procedures Conducted weekly meeting with stakeholders and monthly meeting with the global executive teams

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  Broadridge

  Oct 2016 - May 2023

  Project Manager/SME

  Project Manager and SME responsible for back office applications related to Purchase and Sales, Options, Regulatory Reporting, Margin, Cash Management and ID affirmation.Successfully converted TD Prime, Cowen and Citi onto the Broadridge platform Successfully implemented process improvements for Capital One, JP Morgan and ScottradeDefined and documented current and future state workflowsDefined GAPS between client applications and the Broadridge platformCreated functional requirements for developmentCreated the data mapping between clients current file and Broadridge for the initial conversion of trade data Set up the B1 configuration based upon client requirementsCollaborated with client on the set up of the clearing infrastructure with NSCC, DTCC and OCCCreated test plans, executed the test plans and documented resultsTrailed client personnel on the Broadridge applications Managed weekly meeting with work streams and senior management Show less

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  Santander Corporate & Investment Banking

  May 2023 - now

  Project Manager

  Collaborated with Santander’s Senior Management creating the budget for Broadridge ProjectsResponsible for reviewing and providing feedback on all new proposals from Broadridge. Including opportunities for cost reduction.Provided knowledge and guidance to Santander’s SME in the development of specifications related to Broadridge products Worked with Santander’s SME’s to identify improvements in processing within the Broadridge applications