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PAUL HADY240 Manor RoadStaten Island, NY 10314H: (718) 981-1697C: (732) 433-9300E-mail:

SUMMARY

Multi-faceted operations executive with extensive experience in international banking operations, directing and managing a diverse portfolio of treasury products and settlement processes. Operational experience further enhanced by various consulting activities and manufacturing management. Highly effective communication, leadership and decision-making skills with proven multi-tasking abilities. Particular emphasis on the mitigation of operational risk and impact to the internal control environment through the development/implementation of effective policies/procedures, efficient systems and quality control methodologies. Areas of operational expertise include:* Money Market (Inter-bank)* Foreign Exchange* Derivatives (Swaps, Futures/Options)* Funds Transfer & Settlements* Investigation/Compensation* Operational Risk Management

EXPERIENCE

EURO SUPPLY LTD (dba Stone Quest), New Jersey 6/07 - 9/10Director of OperationsProvided hands-on management and oversight of all operational aspects of the company's natural stone countertop business from fabrication & production to customer service. Responded to large-scale RFQs, with tailored, professional, quotes that favorably represented the company and acted as Project Manager for all largescale commercial projects which included coordination of imported goods. Provided a wide range of support to company owners in a multitude of capacities, including analysis for improvement/refinement of existing business practices, establishment of new processes, and business development. Assisted in the expansion of

business into commercial limestone and a stone restoration service during an otherwise difficult financial period.

SELECTIVE SURFACES, INC, New York & New Jersey 9/03 - 6/07General Manager and Vice PresidentHeaded the expansion of a Silestone (quartz surfacing) distribution and manufacturing company in the start-up of their second manufacturing facility enabling corporate sales to triple in 2 years. Initially responsible for all aspects of theday-to-day business and factory operations in the new facility. Subsequently charged with Chief Operations Officer duties for both Long Island and New Jersey,having hands-on involvement with: sales and marketing, advertising, customer service/call center, quote/order processing, business development, factory production, material procurement and logistics, additional business expansion, etc. Expo

nential growth was achieved through these efforts including the implementation of a box-ship vanity program throughout the Northeast and large-scale commercialbuilding projects (for such clients as Lennar and Pulte Homes).

INDEPENDENT CONSULTANT 9/02 - 8/03Selected client engagement efforts:Senior Business Analyst in the Treasury Trading Operations division of the Mizuho Corporate Bank, New York Branch (the world's largest bank in assets), supporting the data migration and consolidation of the legacy systems and processes of three merged banks. Add-on deliverables: development and documentation of key tre

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asury operations activities for the newly consolidated operation.

PRICEWATERHOUSECOOPERS, LLP, New York 7/00 - 9/02Principal ConsultantPwC Consulting: Financial Services - Investment Management / Capital MarketsSelected client engagement efforts:* Acted as Operations Manager in the Program Management Office of a fortune 100company [Fannie Mae] for a $200 million systems development project. Managed and directed all aspects of the on-boarding of resources to a large project exceeding 400 client and contractor staff. Initial ramp up from 10 to 160 support staff within two months. Responsibilities included: facilities management, space planning, coordination of infrastructure support, development and implementation ofproject-wide policies and procedures necessary to support a full-scale operation.* Supported the development of an operations strategy for a medium tier brokerdealer firm [Dain Rauscher], addressing current trends in the securities industry including issues surrounding STP and T 1.* Developed and supported a budget and expense reporting process within the global operations division of a top tier Fortune 100 global investment bank [Goldman Sachs]. Designed various standard, comprehensive templates for such purposes as budget variance analysis and per capita expense reporting utilizing extensivespreadsheet solutions and EssBase. These were successfully deployed in the training of new staff and utilized as a major component in the client's on-going business activities.

* Participated in the development of operational business requirements for therollout of a major on-line foreign exchange multi-dealer trading platform [FXall.com] for a consortium of leading financial. This included the analysis and definition of process flows required for straight-through processing as well as identification of requirements for the dot.com's business needs (e.g., CRM, Help Desk, entitlements, management reporting, etc.).

THE LONG-TERM CREDIT BANK OF JAPAN, LTD., New York 6/82 - 12/99Senior Vice PresidentAs Division Manager of Treasury Operations, managed and directed a staff of 45 and the resources necessary to ensure that all transactions were executed according to sound policy and procedures. Provided the overall coordination and maintenance required to support the various activities of the Treasury Group and manage

ment ofthe associated activities for a wide variety of functions for four entities (i.e., New York Branch, Grand Cayman Branch, Trust Company and an asset securitization vehicle).

Selected accomplishments:* Directed a major business processing reengineering endeavor resulting in improved operational efficiency and control, as well as significant reduction in operating costs (25% staff reduction corresponding with personnel expense annualized savings of $.5 million).* Lead the design, development and implementation of several critical multi-functional, straight-through front and back office processing applications throughJoint Application Development. These premier systems utilized front-end data cap

ture interfacing with various back-end processing and legacy systems (e.g., Forex Single Input System, Money Single Input System, Bank Reconciliation System).* Initiated a variety of multi-user, client/server-based applications that vastly improved the internal control environment (e.g., Cash Position System, VaultControl System, Check Register System).* Centralized and consolidated funding operations from the Chicago and Los Angeles offices, contributing to an annual cost reduction of approximately $1.2 million.* Established and initially managed "Middle Office" risk management monitoringand reporting function (Asset/Liability Management, Trader Limits, Credit Line C

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ontrol, Profit/Loss, Liquidity Position, Interest Rate Risk).* Implemented a revised collateralization method for futures/options processingresulting in a savings of ]$1 million/year in carrying costs.* Eliminated $750,000 in outstanding overdraft interest charges due to historical misapplication; implemented an enhanced system of controls over the bank reconciliation function and overdraft interest processing increasing the timelinessand effectiveness of the processes. In conjunction, created and managed a comprehensive investigations & compensation area.* Coordinated treasury support for a $2.7 billion emerging asset class commercial loan securitization.* Developed and maintained a comprehensive business resumption/contingency planand directed key aspects of the Disaster Recovery Steering Committee.* Spearheaded the company's first and most extensive documentation effort of Policy and Procedures, which repeatedly served to demonstrate the integrity of theoperations to regulators, ultimately resulting in superior ratings.

EDUCATION

Montclair State University, Upper Montclair, NJ

TECHNICAL CAPABILITIES

Proficient in most Microsoft Office products, ACT! and QuickBooks (Enterprise Edition). Extensive experience with numerous order/entry applications (e.g., Moraw

are JobTracker, Global StonePro) and numerous proprietary systems. Solid knowledge of electronic funds transfer systems and related cash management applications(i.e., C.H.I.P.S., S.W.I.F.T., telex, testkeys, etc.).