FRANCIS BERNIE BAKALAR, CFA

635 S. Scoville Ave

Oak Park, Illinois 60304
(312) 513-4032
Business Analyst - Trading and Investment Application Development
Trading and Investment Subject Matter Expert /UML/ Requirements Definition / Doc
umentation / Application Design / Development / Iterative Prototyping / User Acc
eptance Testing / SDLC / Business Process Reengineering / Data Modeling / Projec
t Management
CFA charter holder with thirteen years' investment industry experience including
, seven years trading and portfolio management and six years experience as a bus
iness analyst, is seeking a leadership analyst role involving trading or investm
ent application development. Has proven leadership skills with results assessing
client needs, defining and documenting requirements, coordinating team members,
presenting proposals, effectively communicating complex ideas and managing proj
ects from conception to deployment.
Key Skills
Analysis & Management:
* Practical experience researching/trading across multiple asset classes.
* Experienced conducting meetings and interviewing stakeholders to elicit accur
ate requirements.
* Demonstrated success building consensus and mediating between stakeholders fr
om distinct operational disciplines.
* Organized and analytical approach toward modeling processes and data.
* Experience drafting Scope/ Vision Documents and Project Plans.
* Documented Business Requirements Specifications, System Functional Specificat
ions and Use Cases.
* Familiar with BABOK, ITIL and UML.
* Comfortable managing workload within a fast paced and stressful environment.
* Always open to new ideas and approaches.
Technical:
* Microsoft Excel, Excel Pivot Tables, Access, VBA, Word, Visio
* UML diagramming and Use Cases
* SQL statements and queries
* Trading Technologies X-Trader, Hedge Manager and OCO Trader
* FactSet and Bloomberg
* Familiar with Enterprise Architect, ArgoUML, Visual Paradigm - UML and ERwin
modeling tools
* Object Oriented techniques and concepts
Intermediate level Spanish and Portuguese
BS Economics - The Wharton School of the University of Pennsylvania, 1989
CFA Charter awarded 2005
Selected Accomplishments and Employment History
* Researched and developed discretionary futures trading systems.
* Managed option-pricing system based on program-driven volatility-based model.
* Spearheaded development of regression-based predictive pricing model for pair
trading system.
* Managed development of database application linking regional distribution fac
ilities.
* Lead Business Analyst responsibility for two Fannie Mae system projects.
* Business Analyst role supporting data mapping and validation for Fannie Mae c
entral data warehouse.
Futures Trader, Equitec LLC, Chicago IL, 2008 to 2010
* Researched and developed discretionary futures trading systems.
* Formulated trading strategies based on auction market principles.
* Monitored daily news events for potential market impact.
* Screened and filtered price action based on market profile and volume at pric
e per tick.
* Traded: crude oil, henry hub natural gas, energy crack spreads, equities, equ
ity spreads and currencies.
Options Trader, FNB Trading, Chicago IL, 2005 to 2007
* Market Maker Dow and S&P contracts on Intrade Platform (www.intrade.com).
* Managed option-pricing system generating continuous markets across multiple s
trikes.
* Monitored and adjusted for fair value deviations.
* Analyzed market action and adjusted volatility smile according to perceived c
hanges in volatility.
* Realized results of $340k, 59% winning days with average up day 1.96 x averag
e down day, peak drawdown $19k.
Equities Trader, Peters Securities, Telluride, CO., 2000 to 2005
* Responsible for all research, trading and P&L for a $2 million long-short por
tfolio.
* Formulated initial regression model and collaborated with software team in Ch
icago to facilitate development of regression-based predictive pricing model for
correlated pair trading system.
* Customized Excel spreadsheets for fellow traders to use as execution and posi
tion management support tools.
* My most successful month trading exceeded $100k.
Independent Software Consultant, Seattle WA, 1996 to 1999
* Managed development of supply chain relational database application linking r
egional distribution facilities of Jefferson Smurfit Container Corp. (JSC) with
Nordstrom Inc. purchasing department. The redesigned process and supporting appl
ication simplified the clients supply chain links to their customer, reduced cus
tomer service workload by approx 3000 man-hours per year and generated over $65k
in annual savings.
* Developed an Excel-based purchasing system that linked Willamette Industries
Corrugated Division with the HASBRO toy manufacturing plant in Tijuana, Mexico.
The redesigned process reduced inventory 20% and required lead-time 30%.
Business Analyst, Fannie Mae, Washington DC, 1991 to 1996
* Reconciled data to support the extraction transformation and loading of data
to the Fannie Mae central data repository (FMIS). Advised internal and external
clients on the accurate interpretation of this data.
* Lead Business Analyst responsibility for Delinquent Loan Reclassification Sys
tem (DLRS). The project was delivered on time and within budget earning a Fannie
Mae operational excellence award.
* Lead Business Analyst responsibility for an accounting system project which b
ridged data from a sub ledger preforeclusre system to the general ledger.
* Customized an Excel spreadsheet to audit accrued interest for loans associate
d with a specific credit enhancement arrangement.
Deck Hand and Factory Foreman, MVS Kodiak Enterprise, Dutch Harbor AK, 1989 to 1
990