Timothy Reed – Cryptocurrency 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.

SKILLS

Subject MatterPrime Brokerage, Institutional Lending, Loan Servicing/Collateral Management
TechnicalGoogle App Script, Excel macros, REST API queries, SQL, UNIX scripting
SoftwareGoogle Sheets/Docs/Slides, Microsoft Office, Lucid Charts, Postman, Confluence

EXPERIENCE

Independent Consultant – New York, NYMay 2024-Present
Operations Advisor

Provided operations-focused advisory services to remote global start-ups, including REITs, fractional CISOs, lenders, and tokenization platforms.

Lionsoul Global Inc. – New York, NYDec 2023-Apr 2024
Head of Operations

Managed daily operations, including on-boarding, middle office, and client service.

Responsibilities/Deliverables:

  • Worked closely with senior management, business analysts, product managers, and engineers to understand operations requirements for the firm’s investment platform.
  • Met with service providers (execution, custody, banking, compliance, legal, security, insurance) to analyze their offerings and align with our service needs.
  • Defined entity relationships, account hierarchies, and front to back flow of funds including client’s initial funding, SMA and SPC investment and redemption, asset conversion, and fee management.
  • Worked with HR to describe and justify staffing requirements. Participated in recruiting efforts for all levels of staffing, from president to analyst.
Circle Internet Financial, LLC – New York, NYOct 2022-Jan 2024
Institutional Market Operations Senior Director

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

Responsibilities/Deliverables:

  • Defined all aspects of the institutional lending business, including the business entity, business plan, policies and procedures, hiring plan, and software platform.
  • Stood up and managed the OTC FX business, from new client onboarding and rate negotiation and confirmation to on-chain settlement and reporting.
  • Partnered with Legal to create and license a state regulated qualified custodian, from drafting applications to fine tuning its content with state banking regulators.
BitGo Inc. – New York, NYJun 2019-Jul 2022
Prime Brokerage Business Manager

Managed Crypto Prime Brokerage daily operations, including institutional crypto lending, trading, settlement, and loan servicing.

Responsibilities/Deliverables:

  • Responsible for all aspects of BitGo Prime’s daily operations and client service.
  • Ran Loan Servicing 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.
  • Implemented Google Sheets-based lending platform with App Script automation and triggers.
  • Developed service and product requirements and use cases; populated JIRA backlog.
  • Documented operations policies and procedures.
Bank of America, Equity Services Technology – New York, NYApr 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 ConsultantJan 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, NJSep 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 Product Manager (Director)
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

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

EDUCATION

  • Undergraduate studies, School of Visual Arts, New York, NY