ZELPHA DAVIS

15 Lembeck Ave Jersey City NJ 07305

Mobile: (201) 424-7310 Email: zelphadavis@hotmail.com

EXPERIENCE

Computershare
DTC Settlement Specialist

Jersey City, NJ

2012-Present

Responsible for trade settlement of international and domestic securities.

Excellent client service.

Resolution of all failed trades via DTC; balancing, reconciliations, plan election.

Correspond with branches and brokers to ensure seamless/ STP settlement.

Knowledge of Reg-SHO 204 regulatory requirement T+3, T+4, T+6.

Reconciliation of funds; FED Wire, SPO, FX, ACH payment.

Tracking breaks, researching and rectifying discrepancies via prime broker.

DWACS, Withdrawals, DK, Delivery /Receive movement, Stock Loan/Borrow.

Plan elections; fast balance; dividend reinvestment.

Statement processing. Mailing as per customers unique request, Physicals.

Morgan Stanley Smith Barney

Jersey City, NJ

2011-2012
Buy In/ Settlement Associate (consultant)

Responsible for buyin transmittals.

Responsible for FED Government settlements using Bank of New Yorks

GSCX system.

Buyin executions on all fail to deliver.

Buyin extensions and transfer letter notices.

Reconciliation of internal reports with clearing reports.

Tracked breaks and fails, researching and rectifying discrepancies.

Utilized Sungard Phase 3 for Government operations and clearance settlement.

Rule 204 executions, Stock Loan Recalls/Borrows/DTC deficit.

E Js Enterprises

Jersey City, NJ

Coordinator for Vacation/Event Planning

2010-2011

Booked meeting facilities, hotel accommodations and dinner reservations.

Relied upon to work through problems to ensure events come off as planned.

Proactively planned vacations and trips for groups of 50-500 people.

The Northern Trust Company

Jersey City NJ/ Chicago, IL

Investment Manager Associate

2008-2010

Proactively settled all trade activity for domestic (DTCC, FED) international, local
market settlements.
Maintained daily communication with DTCC, FED, custodian-local market, contra
parties, traders and clients to ensure seamless settlement.
Initiated research in failed trades in order to resolve default in trades ledger
debit/credit.
Monitored and processed receives and deliveries of all settlements and provided
status of clients trades via DTCC, FED, Euroclear and local market
Responsible for FED Government settlements using Bank of New Yorks
GSCX system.
Generated or Canceled and rebuilt ID Confirms - via DTCC corresponded with
contra brokers to ensure correct confirms for seamless settlement.
Proactively supported and amended differences in breaks. Monitored and
reconciled daily P&L.
Utilized Sungard Phase 3 for government operations and clearance settlement.
Reconciled trade lending position within the determined guidelines in order to
prevent Buyin procedures.
Ensured all emailed inquiries via clients, contra parties, and internal department
were addressed same day in order to maintain a solid operational flow.

Pershing LLC
Client Service Associate

Jersey City, NJ

2004-2008

Customer Clearance Service Expert: Support Domestic/Retail/Government,

Euroclear, local market settlement process.

Monitored failed trades with trading desk, broker/dealers, and depositories to

resolve default in trades.

Processed all market trades for seamless settlement.

Maintained daily communication and relationships with contra party and

custodians. Ensured accurate income allocations.

Proactively supported and amended differences in DTCC, FED, CNS, Euroclear,

local market fails.

Generated or canceled and rebuilt ID confirm for DTCC cash accounts with contra
brokers to ensure settlement.

Monitored DTCC trade transmission systems to ensure all principal and

interest income were allocated timely and accurately.

UBS-Paine Webber

Weehawken, NJ

Dividend/Interest Associate/COD Settlement

2000-2004

Daily balancing of domestic settlement accounts and new allocation exceptions.

Customer service expert: supported DTCC income process.

Responsible for FED Government settlements using Bank of New Yorks

GSCX system.
Used the EXCP system to generate report, label debits, credits, and short
positions in DTCC.

Reconciled dividend and Interest, SPO charges via DTCC and wires via FED
system.
Utilized Sungard Phase 3 for Government operations and clearance settlement
Corresponded with branches and contra-party on items that were unresolved on
the accumulated report.
Downloaded allocations on a daily basis for Journals to client accounts and
collection of income.
Reconciled depository income differences.

Merrill Lynch

Jersey City, NJ

Dividend/Interest Associate
1987-2000

Supported domestic agency bonds for proper income allocation.

Accountable for managing buyin trade processing in association with payment
and collection of principal and interest distributions avoiding losses.
Processed and resolved DTCC fails, SPO charges, wires.
Regulated risk requirements from various agencies and contra parties that
impact Security Control.
Supported efforts for effective review of all trade activities, to insure control and
compliance of all requirements.
Responsible for the development of systems and procedures for the continued
support of domestic settlement operations.

EDUCATION

Adelphi University Concentration: Marketing, New York, New York

New Jersey City University: Real Estate, Jersey City, New Jersey
Washington Irving High School Concentration: Journalism, New York, New York

TECHNICAL SKILLS
Bloomberg, Buy-in Smart Tract DTCC,PBS, Phase 3 back-office clearing system, DTCC
PTS system, Microsoft Outlook , Fiss System, BPS; BONY; GSCX, ICI/Impact; PBS
Smart Search; Euroclear, SWIFT, ICDS-FED settlement system, On-line Cashiering
Application (OLCA), Global Settlement System (Wilco GLOSS), Net Exchange Pro,
GSS datamart, Omega DTCC (Depository Trust & Clearing Corp), Euclid PC, The Fed
(for govt transactions) and Reuters, Microsoft office, Word, Excel, PowerPoint, Act,
Access, Script System.

ACTIVITIES/INTERESTS
Social services, community affairs, mentoring, traveling, spa, reading