Damian Maroun

Experience

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  DAVIS BORKUM HARE & CO

  Jan 1983 - Jan 1985

  Trader/ Operations

  Worked in-country, buying and selling South African gold, industrial shares. Responsible for servicing institutional clients and private investors in all aspects of trade.

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  GE ASSET MANAGEMENT

  Jan 1986 - Jan 2016

  SENIOR VICE PRESIDENT, HEAD OF EQUITY TRADING & CLIENT INVESTMENT MANAGEMENT (2007-2016)SENIOR VICE PRESIDENT, HEAD OF EQUITY TRADING (1990-2007)During tenure, as the industry was continually disrupted by technology and globalization, led significant strategic shifts to facilitate product and market growth. Built and led a team of 15 professionals in creating and developing a robust global equity trading and client implementation platform, servicing institutional clients. Accountable for risk management, trade cost analysis integration, commission budgeting, evolving trading technology, and adherence to all compliance policies and regulatory requirements. • Structured a 24-hour centralized global trading desk, supporting global and regional mandates. • Facilitated the creation and integration of a commodity fund off the trading desk.• Expanded service requirements and strengthened relationships between the trading team and over 15 global active PM's and 40 analysts. • Facilitated the introduction of fundamental portfolio management tools to the trading workflow, driving behavioral change, efficiencies, productivity and intelligence to enhance the value of exploiting trade and portfolio opportunities. • Cultivated and managed a 100+ broker dealer relationship including a semi-annual broker vote and one-on-one reviews with automated innovative score cards and metrics to maximize services and value received from industry partners. Total spend ranged between $23m and $56m across soft dollars, CSA and proprietary relationships. • Innovatively leveraged street technology to use passive and electronic execution venues to minimize order footprint and impact cost.• Proactively involved in industry market microstructure discussions between buy and sell-side peers to effect meaningful changes for the improvement of the National Markets System (NMS). Treasurer of NOIP, NASDAQ ITAC Committee, Trader Forum Advisory Board and one of the founders of BETR organization. Show less Promoted to actively trade for 20+ portfolio managers across the globe; responsible for all soft dollar services and broker relationships. Filled in as Assistant Manager of the desk while head trader was on leave. • Built out a real-time global trading desk; hired staff and developed core operational infrastructure to support the International Equity team’s business growth, enhance global execution quality and define and build stronger technology solutions, policies and procedures that mitigated risk. • Engineered the evaluation and integration from paper-based trading system to a streamlined automated platform that was in the forefront of the industry’s transition to electronic trading, algorithm capabilities, commission management and trade performance.• Actively responsible for daily trade executions across Europe, US markets and index arbitrage, alongside derivative option investment ideas. • Actively managed the GE corporate buyback program with close communication with senior executives. Show less

  • Senior Vice President, GE Asset Management

    Jan 1986 - Jan 2016

  • Senior Trader & Assistant Manager

    Jan 1987 - Jan 1990

  • Trade Support Specialist

    Jan 1986 - Jan 1987
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  STATE STREET GLOBAL ADVISORS

  Jul 2016 - May 2017

  Managing Director, Head of Equity Trading & Client Investment Management

  Retained through purchase to co-lead the full integration of the Trading and CIM platform and operational functions. Charged with evaluating, recommending and driving a simplified solution to align the business strategy, achieve synergy targets and optimize resources and cost out. This included building a collaborative cross-functional team to simplify solution for system integration, align trading policies/ procedures, integrate new regulatory oversight and mitigate people and trade risk throughout the implementation of the desk closer. Show less