David Resnick, CFA

Experience

• 

  A.G. Edwards

  Apr 2006 - Oct 2006

  Intern
• 

  J. Herzog & Sons

  Jun 2007 - May 2012

  Investment Analyst

  - Focused on asset and portfolio analytics pertaining to a $450 million hotel, retail, and restaurant portfolio- Developed valuation models and forecasting tools for acquisition, disposition, investment structuring, budgeting, and portfolio management purposes

• 

  Western Union Business Solutions

  May 2012 - Oct 2018

  - Managed North American regional trading team responsible for FX risk management across multiple trading books and front-end channels- Partnered with cross functional stakeholders to design and implement new products, capabilities, and risk management solutions for internal and external clients- Provided strategic analytics and risk management consultation to Treasury and business leadership on key initiatives and revenue generating activities- Developed and implemented workflow enhancements to streamline and automate regional and global operational deficiencies- Supported and improved partner bank relationships to strengthen depth and breadth of core liquidity pool Show less - Directed daily workflow for a team of traders engaged in active management of foreign exchange risk across multiple products and front-end channels- Provided modeling and risk management consultation on key risks arising from operational gaps and shifting market dynamics - Designed and implemented reporting solutions aimed at enhancing visibility into, and improving active management of, critical business risks- Delivered market analytics and commentary to the North American sales team Show less

  • Senior Manager, Treasury Trading Desk

    Oct 2014 - Oct 2018

  • Senior FX Trader

    May 2013 - Sept 2014

  • FX Trader

    May 2012 - Apr 2013
• 

  Western Union

  Oct 2018 - now

  Director, Capital Markets and Investments

  Manage a team with responsibility for strategic finance and Treasury functions, including:- Design and execution of Western Union’s capital structure strategy, including debt structure and capital raising activities, share repurchase planning, dividend policy, and interest rate risk management through various derivative hedging instruments- Establishing and executing investment strategy for the company’s multi-billion-dollar global investment portfolios and regulatory cash / assets - Development of modeling tools and analytics for various strategic finance initiatives, including M&A, investment opportunities, hedging strategies and related quantitative hedge effectiveness testing, working capital efficiency and cost of capital analysis, debt liability management, and optimal capital structure positioning - Development of materials and analytics to advise the Executive Team and Board regarding capital structure strategy, M&A capacity and funding considerations, and other strategic finance topics- Management of credit rating agency and core bank relationships- Lead and/or support cross-functional projects with the FP&A, tax, accounting, regulatory, legal, and business teams to implement capital efficiency initiatives and new products / services Show less