Long Term AML/KYC Project! -- New York
Financial Services Consultant
Luis A. Rangel Sr.
11 Pine Hill Drive
Clifton, New Jersey 07013
(973) 246-4981 Home & (201) 259-7485 Cell
To obtain a consulting position where I can utilize my extensive business and professional experience.
Summary of Qualifications
A Senior Manager in Wall Street Operations able to identify and solve problems quickly. A flexible professional who can bring people together with ease, manage and direct large operations and motivate staff to maximum enthusiastic performance. Articulate and energetic,
I offer managerial, business, financial and communication skills. I managed Name and Address Conversions, Tax Reporting, IRA/KEOGH, New Accounts, OFAC Compliance and Prime Broker Departments. Excellent knowledge of ADP, BETA and other proprietary systems.
- Responsible for the successful completion of a major Name and Address conversion. My areas of responsibility were 100% operational on first day of conversion.
- Consultant at a prestigious boutique where I assisted in the preparation and successful completion of the SRO annual audit. Assisted client with the preparation of TRACE reporting as well as OATS, MSRB, Mutual Funds Breakpoint and AML compliance.
- Consultant on NASD TRACE initiative project. Assisted Broker Dealers in the smooth implementation of corporate bond price reporting system.
- Consultant with AXA Financial on the merging of MONY, insurance and broker dealer business, into AXA, and their Name and Address Conversion to a new clearing firm.
- Reorganized the Accounting Department at the Essex County Division of Citizen Services in order to reduce welfare fraud, improve efficiency, reconcile bank accounts and comply with State of New Jersey requirements.
- Professional personal income tax preparer since 1972.
May 02 to Present Consultant
Regional Director at RCRS, a Financial Industry consulting firm specializing in compliance consulting. Consulted at Muriel Siebert & Co., Inc., in preparation for the regulators annual audit. Assisted in the preparation of TRACE Reporting, OATS, MSRB, Mutual Funds Breakpoints and AML. Revised the firms Written Supervisory Procedures. Worked at the NASD, as a contracted consultant, on their successful launch of the TRACE Initiative. Also worked at AXA Financial, as a contractor, in their merging of Mutual of New York (MONY) into AXA. Insured that Agents, Financial Professionals and Registered Representatives licenses and registrations were transferred to AXA.
Jan 2001 to Sep 2001 Jeffries & Company, Jersey City, NJ
Vice President and New Accounts Manager
Manager of the New Accounts Department. Responsible for the implementation of a new on line front-end system and OFAC procedures.
Jul 1999 to Jul 00 Trade.Com, New York, NY
New Accounts Manager
Part of a management team for a start up internet trading firm. A Senior Manager assisting in the set up of the Margin, P&S, Order Room, Cashiers and Middle Office.
Mar 88 to Jul 1999 SG Cowen Securities, New York, NY
Vice President Operations
Assistant to the Managing Director in charge of operations. Managed the IRA/KEOGH, Customer Tax Reporting, Prime Broker and New Accounts Department. Responsible for all Name and Address as well as Correspondent clients’ conversions. My areas were the only departments that were 100% operational on day one of a major conversion to the BETA System. Worked closely with the NYSE on Margin matters.
Dec 77 to Dec 94 Harrison & Rangel, Inc., East Orange NJ
Principal Owner and Manager
Owned and Managed Arlington Casino Equipment and Supplies (ACES),
Rafael’s Restaurant Corporation and The Savoy Cocktail Lounge and Restaurant.
Mar 82 to Mar 84 Essex County Department of Citizens Services, Essex County, NJ
Director of Administrative services
Monitored the fiscal operations of the County Welfare Agency, the eight largest in the nation, prepared and administered the agency budget. Reorganized the Accounting Departments functions and procedures in order to reduce welfare fraud, improve efficiency, reconcile bank accounts and comply with State of New Jersey requirements.
Jul 80 to May 81 Harrah’s Marina Hotel & Casino, Atlantic City NJ
Manager of Employment and Licensing
Responsible for the hiring and licensing of 3,400 employees required for the successful opening and operation of the casino and hotel. Conducted management training programs.
Nov 72 to Jul 80 East Orange Board Of Education, East Orange
Responsible for all business functions of this large public school system, including the preparation of the budget, construction of new schools, all maintenance and repairs, bidding specifications, and the districts insurance program. Managed a staff of 160 employees that included the staff accountants, architect, engineer and maintenance workers.
Jul 70 to Nov 72 Rangel Employment Agency, New York NY
Owned and operated this permanent placement employment agency specializing in financial district recruitment. Worked closely with banks brokerage house and insurance companies.
Jul 58 to Jul 70 Clark, Dodge & Company, Inc. New York NY
Started my career at this prestigious stock brokerage firm as a trainee and eventually worked my way up to Margin Supervisor and Head Cashier.
A team player and manager who thrives on keen and unrelenting challenges and competition. In all undertakings, stands for mature judgment and professional approach, is knowledgeable, courteous, responsible and respected. Knowledge of MS Word. Excel, Access.
New York Institute of Finance
Barringer High School, Newark NJ