Michael Ellis

Experience

• 

  Mellon Bank

  Jan 1995 - Jan 1998

  Operations Associate - Federal Funds Trading Desk

  Monitored flow of funds into and out of the bank each day to maintain Federal Reserve funding requirements. Tracked large wires in anticipation of daily funding surpluses or deficiencies. Communicated with various departments within the bank to ensure their funding needs were met

• 

  KeyBanc Capital Markets

  Jan 1999 - Jan 2008

  Responsible for daily balancing of all mortgage positions, and allocating mortgage pool information to satisfy trades. Created detailed spreadsheet to monitor principal payments received each month for all mortgage positions held. Assisted in conversion to new operating system for all back office functions and new operating system for exchanging mortgage pool information. Worked with Credit Department to set up and maintain proper credit levels for various customers and brokers Part of trading desk that managed $300 million trading book. Worked on a daily basis with sales force and broker/dealers to fill orders for clients. Used various electronic trading platforms including broker screens and TradeWeb. Maintained relationship with over 20 different broker/dealers to facilitate inventory trades. Updated and distributed inventory list to sales force daily with pricing and spread information.

  • Senior Operations Specialist

    Jan 2004 - Jan 2008

  • Mortgage Trader

    Jan 1999 - Jan 2004
• 

  WestPoint Wealth Management, LLC

  Jun 2019 - now

  • Investment Adviser Representative

    Oct 2019 - now

  • Financial Services Professional

    Jun 2019 - now