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SOUNG MI PARK

Alexandria, VA 22314 +1 917 566 6507 | soungmi@gmail.com

VICE PRESIDENT, FINANCIAL OPERATIONS


Accomplished and results driven professional offering over 12 years of domestic and international experience with proven success in start up to fully established offices. Offering experience with Asia Pacific, EMEA, India and Americas with strengths in defining business improvement processes, team development, building consensus diplomatically, project management and successor-ship planning. Recognized and praised for the ability to identify and advance peers along with creating strong teams to control and overcome challenges. Willingness to take new challenges others avoid and possess natural leadership talents to manage team in the right direction. Strengths include: Operations Management Strategic Planning Risk Monitoring and Mitigation Team Leadership and Development Business Partnerships Cross Functional Team Coordination Project Management Regulatory Compliance Customer Service Management

PROFESSIONAL EXPERIENCE
The Goldman Sachs Group, Inc. Goldman Sachs & Co. Vice President, Interest Rates Derivatives (IRD) Trade Support November 2005 August 2011 Salt Lake City, UT October 2009 August 2011

Successfully managed start up and development of IRD Trade Support operations, encompassing verbal affirmation, paper and electronic confirmations, and settlements. Oversaw functions averaging over 80,000 transactions monthly. Developed strategic longterm global IRD Operations footprint, restructuring global teams to improve customer satisfaction while enhancing individual growth. SME for interest rate operations. Successfully planned and managed migration of functions with minimal errors. Due to early achievements, 50% savings in resources will be realized two years ahead of schedule. Analyzed impact to Operations of Title VII of the Dodd-Frank Act and delivered potential solutions. GS IRD industry representative for Settlements including development and implementation of best practices, metric development and reporting. Ensured effort to meet industry targets for electronic processing, outstanding confirmations, affirmation timeliness, and fails management are on target. Assessment and certification for quarterly risk and control filing, including Sarbanes-Oxley. IRD contact for development of a global cross product settlements system. Scope included purpose, design and risk mitigation across all derivative products as well as being a central hub for settlement instructions and storage contacts. Eliminated 20% of operational overhead through on-boarding of clients and products eligible for electronic processing. Established global controls regarding payment limits to mitigate risk and reputational damage. Partnered with IT, Sales and Trading and other business units such as Treasury, Compliance and Legal to arrive at best practices and solutions to improve existing models while reducing operational risk. Standardized training for new Trade Services analysts globally. Served as Co-Chair of Recruiting and Integration for Asian Pacific Network (APN), focusing on increasing and integrating the APN population. Additionally participated as a committee member of the Operations Women Network Recruiting and Integration Committee. Identified target schools and best practices in order to increase women applicants and retention. Goldman Sachs Services Pvt. Ltd. Associate, Interest Rates Derivatives Settlements Bangalore, India February 2008 October 2009

Promoted to cultivate and develop existing team, both professionally and culturally. Organized team to become product aligned vs. functionally aligned to improve and increase knowledge depth and expertise. Restructured and managed settlements team, overseeing approximately 3,500 settlements daily. Resolved conflicts between regional offices through improved communications and relationships, resulting in identification of inconsistencies to implement standardization and best practices globally. Initiated cross training between functional teams within IRD maximizing human resources. Oversaw recruiting efforts in order to grow derivatives department by 100%. Selected to participate in a leadership program from a population of 400+ India Associates.

SOUNG MI PARK - PAGE 2 +1 917 566 6507 | soungmi@gmail.com


Goldman Sachs & Co. Analyst, Interest Rates Derivatives Interbank New York, NY November 2005 February 2008

Led initiative to integrate settlement control functions for risk mitigation. Re-engineered and streamlined process through automation, improving turnaround and client relationships. Consolidation of controls to mitigate risk to identify incongruities in the first half of the day. Improved workflow processes, reducing time spent by 50%. Eliminated manual intervention through automation and reduced potential for human error. Selected from global department as sole participant for a short-term assignment (June September 2007) in India to train and develop staff while also instilling the organizational culture. Merrill Lynch, Philadelphia Main Line Complex Investment Associate Wayne, PA September 2000 November 2005

Analytical and detail oriented with excellent proficiency in client relationship management and business development, focusing on individuals with investable assets over $10 million. Developed tailored investment plans in accordance with clients short- and longterm goals and risk tolerance. Contributed to development of annual business plans for client acquisition and development resulting in 8% annual increase in revenues from 2001 2005. Assets and liabilities under management improved to more than $600 million. Constructed equity and fixed income portfolios, utilizing Monte Carlo simulations to help identify optimal asset class weightings. Projected cash flows based on varying assumptions, such as estimate rates of returns on investments, inflation and asset allocation. Projections are created to reflect changing life style goals as indicated by clients. Managed and tailored internship program to provide students with a productive and positive experience. Responsibilities included interviewing, hiring, and supervising college interns interested in the retail brokerage industry. American Management Systems, Inc. Functional Business Analyst Fairfax, VA August 1999 September 2000

Functional lead for government agency projects with regards to the Prompt Payment Act and FACTS II. Drafted Response for Proposal edits for the Prompt Payment Act to be in accordance with the Treasury Offset Program to collect delinquent debts owed. Created edits within the system to ensure proper data was submitted (i.e. Standard General Ledger accounts versus Treasury Appropriation Fund Symbol, debits versus credits). Coordinated with developers to conduct system testing for quality assurance in all possible scenarios. Updated the User Manual and supported both agencies on system issues.

LICENSES AND DESIGNATIONS Series 7 Chartered Retirement Planning Counselor (College of Financial Planning) Certified Financial Manager from Merrill Lynch EDUCATION
New York University, Stern School of Business (Langone) Master of Business Administration, January 2007 Specializations: Finance, Marketing and Global Business Villanova University Bachelor of Science in Business Administration, May 1999 Majors: Finance, Management (International Business) Minors: Japanese, Management Information Systems New York, NY GPA 3.2

Villanova, PA GPA 3.4

LANGUAGES
Conversational Korean

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