Stephen Rotella and the Achievements of StoneCastle

Stephen Rotella is the current Chief Executive Officer and President of StoneCastle Cash Management, LLC. In the past, he has served at different organizations on executive positions. He worked as the President of Chase Manhattan Mortgage Corporation. At Chase Home Finance, LLC he was the Chief Executive Officer. At JP Morgan Chase, he was Executive Vice President. From 2005 to 2008, he worked as the President and Chief Operating Officer of WMI Holdings Corp. Rotella had different responsibilities at WMI Holdings Corp. He was responsible for mortgage and commercial lines, retail, daily administration, and technological issues of the group. Rotella was responsible for Community Development Group of JP Morgan Chase. During 2005, he also worked as the Acting Head of WMI Holding Corp’s Home Loans Division.

 

 

From 1998 to 2001, Stephen Rotella was Chief Operating Officer of Chase Home Finance. In 2003, he became the Head of Chase Home Finance. From 1991 to 1998, he worked as the Executive Vice President Servicing at Chase Manhattan Mortage. From 1987 to 1991, he worked at different positions at the company which included Senior Vice President of Product Development, Finance, and Marketing. Before joining Chase Manhattan Mortgage, he used to work in industries like systems consulting, mutual fund, and retail brokerage. At the Consumer Mortgage Coalition, he worked as the President. BalletMet is a huge arts company in the Columbus City of Ohio, Rotella worked as the Director and Chair there too. Housing Advisory Council of Chase is an organization which provides lending to underprivileged communities. He also serves as the chair there. The Mortgage Bankers Association also have him as a Member Board of Directors. Earlier, he had worked in the Vericrest Financial as an Advisory Board Member. The company later changed its name to Caliber Home Loans, Inc. He was also a Consumer Mortgage Coalition Member in the past.

 

 

Stephen Rotella is a highly qualified man. He received his Bachelor’s degree with major in economics from the University of New York, Stony Brook in 1975. Later, he attended the State University of New York, Albany from where he completed Masters in Business Administration in Information Systems and Finance in 1978. Recently StoneCastle acquired the Insured Deposit Sweep Business from Intermedium Financial. Under Rotella’s leadership, StoneCastle plans to offer a very comprehensive set of sweep solutions to intermediaries, administrators, and financial institutions. The company has earned a repute of being a market leader in providing services to institutional investors and for offering insured deposit technology. The recent purchase of the sweeping business includes a transaction of InterLINK finTech platform and different assets. It has further strengthened the StoneCastle’s position in the market. The company’s strategy is to expand its reach into additional market segments, financial advisor, and broker-dealer. According to Rotella, the plan is to become a differentiated and disruptive force in sweep industry.