Experiences at wachovia securities

I had posted my resume on several web-sites and was contacted by their internal staffing company for a temporary position of 6 months. At the end of my 6 months, I was asked if I would be interested in joining the firm full-time and I eagerly accepted.

Becoming the Medallion Stamp Coordinator for 500+ branches within Wachovia Securities. Knowing nothing about a Medallion Stamp, its use, and its liabilities to the Corporation meant that I had to learn the Stamp's importance in a short period of time. In addition, the information we had been provided was not up-to-date, so I spent months putting together a spreadsheet of stamp numbers and authorized users, along with location files. In addition, I built communication with the branches, established a website for stamp users, and updated forms to make them user-friendly. I am very proud of these accomplishments as it took a lot of hard work putting it all together....

There is no secret here as I actually joined the firm as a temporary hire when Wachovia and Prudential merged and there were a lot of unknowns about how the organization would be built. The temporary position was very slow paced as most of the PCG staff were in the field, but during this slow period I looked for things to do in the office area cleaning up files, straightening out stationery, and answering a multi-line phone system. I was excited when I was asked to join the group and Wachovia full-time....

One of the most challenging aspects of this position was daily evaluating death certificates as part of the verification process. I felt I needed to maintain a balance between remaining sensitive without becoming morbid.

Being part of the Estate Processing area involved being responsible for more than one thing at the same time since I could be working on several beneficiaries' requests simultaneously. This meant paying close attention to detail, especially since the position involved authorizing monetary disbursements. I was also sensitive to the needs of bereaved clients as I requested information from them....

I had worked for the manager previosuly in another capacity. She liked my performance and hired me again.

Assisted busy Director & Senior Equity Analyst and managed a small office
Researched and assisted in production of publications and white paper
Planned travel, meetings, schedule; coordinated four office moves
Created and bound PowerPoint presentations
Coordinated publication email and postal mailing campaign
Created and maintained Access database of Equity Research customers...

* Assumption of Product Manager duties and responsibilities for FA Directed Platform, encompassing 3 distinct Programs with over $18.5 billion AUM, 800 FA participants, and 50,000 Client accounts.
* Administer all facets of FA Directed Wrap-fee Programs, to include marketing, compliance, technology and research functions. Daily interaction with high producing FA's in support of existing book-of-business and new Client sourcing. Serve as primary gate keeper for entry into Programs.
* Proactively seek out internal partnership opportunities with other managers and stakeholders throughout the Firm. Collaborate with various levels of Associates to develop Product enhancements, increase efficiencies, reduce administration costs, and strengthen relationships with FA's.
* Serve as subject matter expert for a variety of Wrap-Fee Program functions, including Performance & Analytics, UMA (Unified Managed Account) processes & opportunities, Modern Portfolio Theory applications, and Product Marketing & Management.
* Architect and process owner for creation of platform used to maintain performance & MPT calculations for over 100 portfolios in Wachovia Securities Wrap-fee Mutual Fund Program. Significant Client deliverable supporting over 8,000 FA's across Wachovia Securities' multiple business channels.
* Create and maintain proprietary investment performance and composite processes, policies, and procedures. Encompass Compliance, Legal, and CFA Institute GIPS considerations into all facets of design.
* Create proprietary processes for composition and maintenance of over 100 separate Composite reports, spanning 50+ Advisors books-of-business for more than 3,000 Client Accounts. Performance Composite ownership for $3+ billion of assets in FA Directed Programs.
* Source new vendors relating to a variety of business processes (e.g. trading platform, research sources, technology initiatives, etc.). Manage existing vendor relationships, to include SLA (Service Level Agreement) initiation, financial negotiations, and general relationship management functions.
* Responsible for initiating and continuation of due diligence functions covering a variety of alternative investments, including hedge fund of funds, Managed Futures Funds, Direct Investments, Exchange Funds, Structured Products, and Private Equity Funds.
* Serve as co-consultant for over 40 institutional clients. Combined institutional client assets in excess of $2.1 billion. Clients include, but not limited to: Corporations, Municipalities, Foundations/Endowments, Labor Unions, Educational Organizations, and Religious Organizations.
* Perform customized asset allocation studies for institutional investors and high net worth individuals. Develop advanced strategies created uniquely for each prospect/client. Incorporate Monte Carlo simulations and cash flow analysis....

I am responsible for Analysis of recruits and their impact to the MBO's and P&L statement for the Private Client Group (approx. 75% of Wachovia Securities' Business).