Mark Youngclaus

Background

About Mark Youngclaus

An accomplished executive with over two decades of experience in treasury operations, derivatives transactions, and client services across major financial institutions. At Deutsche Bank in Jacksonville, FL, from August 2006 to January 2024, I served as Vice President, Corporate Bank Client Service Officer, where I provided cash management services to Tier One clients, led a major client platform conversion, and enhanced reporting systems to recover $150K in receivables. I managed vendor relationships and automated complaints management, ensuring efficient treasury operations with daily transactions exceeding $15B USD. My initiatives reduced redundant bookings by 90%, saving $25M USD, and cut overtime costs by $150K. Additionally, I oversaw a 16-member team in GFFX Prime Brokerage, managing $3B USD daily, and restructured the TF-CMC Financial Supply Chain team to improve client satisfaction. Previously, at Prudential Financial in NYC from April 2005 to August 2006, I was Vice President, Manager of FX/OTC Operations and Treasury Operations. I managed broker-dealer treasury activities with a daily volume exceeding $3B USD and implemented accounting system changes that enhanced operational efficiency. From April to April 2005, I worked at Merrill Lynch in NYC as Vice President, Manager of Global Treasury Operations/Derivatives Transactions. I oversaw the global trade input, clearance, and settlement of various treasury products and managed a team responsible for Merrill Lynch's global corporate debt issuance. I leveraged my accounting and ISDA expertise to support new corporate initiatives and implemented a Swap Documentation database, significantly improving process efficiency and saving over 40 hours monthly in research costs.