Scott Nellis

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Securities operations Vice President with over 29 years of experience in all aspects of Domestic and International Dividends, Interest and Reorganization processing.  • Highly Analytical• Problem-Solver• Process Streamliner • Training & Strategic Development • Coaching / Mentoring• High-level industry connectivity  

Vice President of Corporate Actions & Dividends at Wachovia

2006 - December 2009

• Managed Dividend and Reorganization Department, maintaining high motivation in a challenging environment. • Processed Dividend, Interest and Corporate Action payments in many different currencies (Including Euro Dollars, AUS, NZD, GBP, DKK, NOK etc. • Interviewed, recruited and trained new employees on all aspects of processing. • Managed staffing issues and overtime to minimized costs. • Worked with IT to implement system enhancements. • Interacted frequently with trading floor and sales representatives. • Coordinated the documentation of department’s procedures in the Mentor system. • Monitored and maintained clean suspense accounts. • Created and administered staff’s yearly objectives and year-end performance appraisals. • Successfully streamlined processing to reduce staff and overtime and improve risk control.

Vice President, Reorganization Department at Credit Suisse First Boston

2001 - 2006

Managed all areas of Voluntary and Mandatory Corporate action and Proxy processing. Types of Events: Tenders, Exchanges, Mergers, Reverse Splits, Name Changes, Maturities etc. Types of Products: Domestic/International Equities, Corporate/Government/International /Municipal bonds, CD’s, Rights, and Warrants Accomplishments: • Managed project for the creation of Dividend and Corporate Action entitlement projections for NY and London Prime Broker customers and the Agency lending business. Client service and efficiency improved allowing for redeployment of 20% of staff. • Coordinated the documentation of department’s procedures in the “Hyper knowledge system”. • Monitored and maintained clean suspense accounts. • Coordinated staff to adapt to the Firm’s initiative to regionalize Corporate Action processing across regions. Worked closely with counterparts in the London Asset Servicing department to bring the processing for London Prime Broker clients to New York. • Created and administered staff’s yearly objectives and year-end performance appraisals. • Coordinated department’s documentation and responses for internal and external Audit’s. • Participated in the development, testing and implementation of the Xcitek XSP system enhancing Dividend and Corporate Action notifications and serving as a tool to capture all elections on voluntary events. • Documented business requirements for the creation of a voluntary Corporate Action alarm report for the front office agency lending trading desk, reducing risk considerably. • Teamed with IT to deliver more accurate, efficient processing solutions to meet the demands of Prime Broker Hedge Fund clients, increasing client satisfaction. • Organized a team of employees that created a client service ownership presentation to the firm.

Vice President, Dividends & Interest Department at Credit Suisse

1981 - 2001

Managed all areas of Dividend and Interest processing. Types of Events: Cash & Stock Dividends, Splits, Spin-offs, Rights/Warrants & Bond Interest Accomplishments: • Documented business requirements and performed analysis for project to create all Dividend, Interest and Corporate Action cash entitlements in the Firm’s Cash Management system. This resulted in enhanced management reporting, linkage to the general ledger and increased efficiency that allowed for transfer of 30% of staff. • Processed Dividend & Interest payments in many different currencies (Including Euro Dollars, AUS, NZD, GBP, DKK, NOK etc. • Successfully streamlined processing to reduce staff and overtime and improve risk control. • Monitored and maintained clean Cash and Stock receivable and payable ledgers. • Managed project for enhancements to the in house Domestic and International Dividend and Interest processing system and worked closely with IT on implementation. This enabled the firm to post payments to clients in the native currency and increased the overall efficiency of the process. **My time in this particular role started in 1997, prior to that time frame I moved up through managerial roles at Credit Suisse.

Vice President of Corporate Actions & Dividends at Wells Fargo

December 2009

• Manage Dividend and Reorganization Department, maintaining high motivation in a challenging environment. • Process Dividend, Interest and Corporate Action payments in many different currencies (Including Euro Dollars, AUS, NZD, GBP, DKK, NOK etc. • Interview, recruit and train new employees on all aspects of processing. • Manage staffing issues and overtime to minimize costs. • Work with IT to implement system enhancements. • Interact frequently with trading floor and sales representatives. • Coordinate the documentation of department’s procedures in the Mentor system. • Monitor and maintain clean suspense accounts. • Create and administer staff’s yearly objectives and year-end performance appraisals. • Successfully streamline processing to reduce staff and overtime and improve risk control.

UCC

1979 – 1981

Accounting

Professional Memberships & Certifications • Executive and Advisory Board Member of the SIA Dividend Division from 1992-2002 • Member of the Depository Trust Company Dividend Advisory Board from 1995-1997. • Industry Dividend, Corporate Action, Tax & Proxy Seminars • Company sponsored “Management and Skills” classes.