Timothy Reed | Prime Brokerage Operations Director

SUMMARY

Extensive experience as a multi-asset class Prime Brokerage operations manager, including client service, middle office, client-facing reporting, onboarding, and business startup.
Proven success collaborating with development, support, operations, sales, and clients.
Strong technical background.

Capabilities

Subject Matter	Prime Brokerage, Institutional Lending, Loan Servicing/Collateral Management
Technical	SQL, Python, UNIX scripting, Google App Script, Excel macros, REST API queries
Software	Confluence, Google Sheets/Docs/Slides, Microsoft Office, Lucid Charts, SWIFT, Postman

CERTIFICATION

Project Management Professional (PMP), Project Management Institute (PMI)

TRAINING

SDM SAFe Product Owner-Product Manager (PMPO)
SDM Lean – Agile for Teams
Fundamentals of Product Management, Sequent Learning Networks
Advanced MS Project Workshop, Project Management Institute NYC Chapter

EXPERIENCE


Circle Internet Financial, LLC – New York, NY	Oct 2022-Present
Institutional Market Operations Senior Director

Responsible for Prime Brokerage daily operations, including on-boarding, middle office, and client service.

Responsibilities/Deliverables:

Managed daily operations, client service, and middle/back office supporting Circle’s crypto Prime Brokerage services for large institutional clients.
Partnered with treasury operations, financial services, risk, accounting, product, and engineering to define and stand up the institutional services business.


BitGo Inc. – New York, NY	June 2019-July 2022
Prime Brokerage Business Manager

Responsible for the daily operations of the Prime Brokerage business, including institutional crypto lending, settlement, and trading; head of Loan Servicing business.

Responsibilities/Deliverables:

Responsible for all aspects of BitGo Prime’s lending, trading, and loan servicing daily operations and client service.
Ran all aspects of the Loan Servicing business in partnership with our regulated qualified custodian, BitGo Trust.
Managed six-person global client service team responsible for new client onboarding/KYC/AML; loan origination, asset transfers; daily settlement with liquidity providers and clients.
Developed and managed initial version of the lending platform using Google Sheets front-end, App Script automation, and trigger execution scheduling
Documented service and product requirements, developed use cases, populated JIRA backlog, and partnered with product managers and other stakeholders.
Documented policies and procedures to guide and manage daily operations.
Consulted with BitGo Prime’s CEO on all aspects of managing the business, including planning, staffing, and new client pitches.


Bank of America, Equity Services Technology – New York, NY	Apr 2017-Mar 2019
*Project Manager, Business Analyst, Agile Project Owner*

Product owner, project manager, and business analyst responsible for several projects, including:

Migrated delivery of ~100K PB reports to a consolidated strategic platform.
Managed development of a web-based activity and position data on-demand query tool with consolidated, multi-asset-class capabilities.
Migrated the bank’s PB books and records and data flows from a legacy to strategic platform.


Independent PM/BA Consultant	Jan 2016-Mar 2017

Consulted on short term projects for remote global customers, including:

Developed an operational runbook to manage a complex quarterly client billing process.
Authored a detailed RFP for a data analysis platform with BI, ETL, and EDW components.
Responded to a government-issued RFP for a nationwide inventory management platform.
Created complete PMP training guidelines for a PMP R.E.P.-certified educational organization.


Citco Fund Services (USA), Inc. – Jersey City, NJ	Sep 2008-Sep 2015
*Senior Project Manager, Business Analyst*

Managed team of project managers and business analysts responsible for trade capture and data extracts.

Experience to 2008
Lehman Brothers – New York, NY
*Product Manager (Vice President)*


UBS Securities LLC – New York, NY
*Fixed Income Prime Brokerage wProduct Manager (Director)*


JP Morgan – New York, NY
*Senior UNIX Systems Engineer/Administrator*


JP Morgan – New York, NY
*Senior UNIX Systems Engineer/Administrator*


Credit Suisse – Tokyo, Japan
*Front Office Trading Systems Manager*


Objective Technologies, inc – New York, NY
*Founder / Technology Startup*


Nomura Securities – New York, NY
*Systems, Network and Database Administrator*

EDUCATION