Mike PowersPhone: (863) 602 - 1242Email: Mpowers00@verizon.net

Overview Investment Operations Director for Global Insurance Company

Currently a director within MetLife Investment Operations group, based in Tampa, Florida, with investment operations experience including trade operations for securities, collateral securities, lending and derivatives. Additional experience includes securities accounting as well as global reconciliation. Employed with MetLife for 15 years, leading global groups, working with satellite offices, managing post acquisition integration, implementing systems and workflows while maintaining management of BAU (Business As Usual) processes and metrics. Project experience includes: system design, requirements gathering and implementation, target operating model for bank account structure and specialized processes.

Leadership: Guides and develops team members by exhibiting energy, commitment and subject matter expertise. Effectively evaluates personnel and communicates actions to influence team performance.

Teamwork: Energetic team player who works towards a common goal but accepts personal responsibility. Contributes to team projects, takes direction and is a disciplined self-starter.

Communication: Communicates within and between diverse work groups, service lines and organizations with competing interests. Analyzes situations and communicates concise actions in a timely manner.

Judgment: Makes independent decisions when identifying risks and evaluating business processes; reports inefficiencies and solutions to management and/or clients. Assesses team priorities and develops solutions based on budget and time restrictions.

Experience2000 - present MetLife

Global Insurance Company

Director – Tampa Middle Office (2013 – present) • Operational management of the Investment Middle Office hub in Tampa. Responsibilities include the

direct oversight of derivatives collateral, derivative settlement, securities lending and the primary accounting generation for each of these processes.

• Head of global reconciliations for Investments for the Aladdin global trading and analytics platform

• Head of global pricing for Investments

• Head of corporate action operations

• Supported several critical projects, including:

• Aladdin implementation - played a critical role in the design, requirements definition, testing and implementation of a new global trading platform at MetLife

• Calypso implementation - played a critical role in the design, requirements definition, testing and implementation of a new global collateral platform at MetLife

• Critical role in the redesign of the MetLife Investments bank account and reconciliation structure to promote cash management efficiency

• Direct oversight of 20 FTEs and managed operations of $60B market value of collateral operations, $150B+ derivative notional, $23K daily/monthly pricing of CUSIPs, reconciliation of 800+ cash portfolios and assets totaling $250B+

Director - Trade Settlements and Specialized Accounting (2010 – 2013) • Managed the trade settlements group in Investments Finance. This includes direct oversight of the

domestic trade operations, derivatives collateral, derivative operations and the primary accounting generation for each of those processes.

• Led the Securities Lending group for all accounting, operations and reporting.• Led money market pools and internal asset transfer processes• Supported critical projects including:

• Global Custodial Consolidation - played an instrumental role in the RFP process and future state design of the investments custodial banking structure for MetLife across 4 regions and more than 20

Mike R. Powers P a g e | 2

countries. Achieved reduced overall annual company fees by more than $5M per year and consolidated global providers from 40+ to less than 10 for the countries in scope

• MUREX Sec lending conversion - defined requirements, functional accounting rules and operational design/messaging for the new platform that was custom built for MetLife by MUREX

• Participated in the version upgrades and/or functional redesigns of CAMRA (global investments accounting platform), MUREX for derivatives, ALGO collateral, Metlife’s trade SWIFT messaging generator (MILL) and asset allocation systems

• Developed and maintained relationships across the Investments organization (front and back office), direct oversight of 15 FTEs and managed global trade settlements of $300B AUM, $150B+ derivative notional, $30B securities lending collateral/reinvestment AUM operations and accounting/reporting, $5B liquidity pool accounting and reporting.

Manager – Trade Settlements (2006 – 2010) • Managed the trade settlements group in Investments Finance. This included direct oversight of the

domestic trade operations, derivatives collateral, derivative operations and the primary accounting generation for each of those processes.

• Supported critical projects including:

• Creation of the Derivative Settlements System – This platform allowed direct conversion of cash flows from the MUREX derivative system to the enterprise cash transfer platform, without manual intervention and allowed enrichment of static data. This platform is still in use by investments, has been upgraded several times to be deployed for other investments systems.

• ALGO collateral –created requirements and functional design of the back office portion of the platform including bank messaging, reconciliations and workflow

• Developed and maintained relationships across the Investments organization (front and back office), direct oversight of 10 FTEs and managed $300B AUM, $150B+ derivative notional, $30B securities lending collateral/reinvestment AUM

MetLife Analyst (2000 – 2006) • Supervisor – Securities Lending – supervised the Securities lending operation process with 2 FTE

and $50B AUM• Analyst –Trade settlements – responsible for trade settlements and primary accounting of several

asset class desks including Long term/short term FI, MBS and equity• Analyst – Cash reconciliation – Primary reconciler of investment cash for 50+ accounting on a

daily basis, performed monthly reconciliations and

•

EducationUniversity of Central Florida Orlando, FLSchool of BusinessBachelor of Science in Finance, December 2000

Activities• Board member - MetLife Investments Data Governance Council

• Board member – MetLife Charity Golf Tournament 2003-present

• JP Morgan Insurance Advisory Committee attendee 2005-present

• University Central Florida Alumni Association: 2001 – present

• Community Service: Florida Baptist Children’s Home, Children’s Dream Fund, Metropolitan Ministries

Certifications & Honors

• 2005 & 2010 “Wheelie award” recipient for outstanding performance in Finance department presented by the MetLife CFO