1. STEVEN M. DEBENEDETTO
1 Branford Drive • Robbinsville, NJ 08691 • 609-577-2440 • DebenedettoSteven@gmail.com
EXECUTIVE PROFILE
Drives profits with keen focus on customer needs and optimizing firm’s resources. Excellent interpersonal and
relationship building skills with ability to communicate borrowing and lending strategies to client base, enabling
accounts to make the best decisions. Outstanding at utilizing extensive securities lending relationships to attain best
rates for customers, providing in depth color on all short sale inquiries. Proficient in Excel, Word, Data Explorers,
Loanet and Bloomberg.
PROFESSIONAL EXPERIENCE
JP MORGAN CHASE & CO. 1/5/2015-4/30/2015
Consultant/ Prime Services Fixed Income and Domestic Equity
Securities Lending
 Refinance and consolidation of both equity and fixed income hard to borrow books.
 Increase hard to borrow institutional balances, establishing new relationships with fixed income and equity
counterparties.
 Assist Securities Lending team in covering recalls and buy-ins.
 Source upgrades and recall/buy-ins via LCOR and Equilend systems.
CREDIT SUISSE SECURITIES (USA) LLC 11/2005 – 10/2013
Stock Loan Trader / ETF Desk / Prime Services
Co-manager of $10 Billion global ETF short book. Liaison to hedge fund desk, providing locates and pricing for all
domestic ETF short sale inquiries. Maintained ETF database visible to all hedge funds, providing best bid and offer as
well as available inventory.
 Increased P&L by upgrading borrows and maintaining target balances.
 Guided hedge funds in making best trading decisions by offering accurate market color on all short sale inquiries
and effectively communicating borrowing and lending strategies.
 Increased business performance by developing close working relationships with IT, initiating system
enhancements to increase accuracy of settlement blotters and daily requirements for deliveries and deficits.
 Leveraged strong relationships with settlements and operations groups to get timely verification of questionable
systems trading positions, enlist help in monitoring large trades to guarantee settlement by end of day, and initiate
validation of international borrows.
 Advise Delta One group on ETF creations and redemptions when necessary, as well as supplying ETF locates,
pricing and pre-borrows for swap and conversion trades.
 Maintain open line of communication with ETF derivatives group enabling inventory of in house products to be
tracked for creation or redemption purposes.
 Monitor T + 1 short sale blotter for large or illiquid ETF trades in order to create or pre-borrow, insuring settlement.
 Instruct collateral management group on any large positions available for pledge or positions needed back for
delivery or new loan.
 Push firm long ETF positions to street for financing and review contra broker daily needs lists.
 Daily borrows for ETF fails, deficits, contra broker recall/buy-ins and SEC 204 buy-ins.
 Approval of all proprietary trading ETF short sale inquiries.
 Training and supervising of summer interns and new hires within the Securities Lending group.
CREDIT SUISSE SECURITIES (USA) LLC 11/2001 – 11/2005
Stock Loan Trader / Prime Services
Proactive, results driven trader engaged in all aspects of Securities Lending for domestic equity desk.
 Maintained and monitored institutional target balances.

2.  Increased target balances when necessary using firm autoborrow system.
 Provided color for all hedge fund inquiries. (tender offers, Dutch tenders, ect.)
 Assisted in covering all pending recalls and buy-ins.
 Pushed firm cash and non-cash excess inventory to street for funding.
 Liaison with proprietary trading, DVP, as well as receive and deliver groups in regards to questionable trades.
 Reviewing broker and institutional push lists for possible upgrades.
 Provided firm wide short sale locates for domestic equity desk.
 Recalling and rate changing loans needed for fail to delivers.
 Term trades and high rate borrows.
 Daily monitoring of book using system reports identifying mismatched rates and pair-offs.
 Reviewed DTC pending deliveries daily to confirm settlement of large trades.
PERSHING, DIVISION OF DONALDSON, LUFKIN & JENRETTE SECURITIES CORP 01/1991 - 11/2001
Trader/Securities Lending
Borrowed securities for all firm needs and maintained target bank balances on daily basis.
 Upgraded borrow rebates with banks and broker dealers.
 Responsible for initiating recalls and buy-ins.
 Prepared credit line increase documentation for risk management.
 Fail control and DTC reconciliation.
 Processed returns in conduit account.
EDUCATION
Pace University
Culinary Institute of America
CERTIFICATIONS
NASD Series 7, Series 63, Series 55 and Series 3