Wayne serves as Managing Director of the Public Finance Department of Duncan-Williams. In this role, he has overseen the underwriting of more than $16.3 billion (par amount) of municipal bonds, including governmental, education, healthcare, special districts, multi-family housing, and airport authority issues.
Previously, Wayne worked in a variety of banking capacities, including establishing and serving as registered principal of the broker-dealer subsidiary of a commercial bank, where he managed operations. Previously, as an investment banker working for the broker-dealer division of another regional commercial bank, he developed analyses to help financial institutions manage their securities and loan portfolios. He also worked on the bank’s whole loan trading desk, where he had transactional responsibility for trading pools of up to $250 million, with annual volume averaging approximately $4 billion. Other banking experience includes five years as CEO of a mortgage servicing company operating in more than 40 states. Wayne also participated in the startup of a de novo state charted commercial bank, where he served on the board of directors and chairman of the audit committee.Wayne spent the first ten years of his career as a CPA in Public Accounting. His clients included public and privately owned commercial companies, financial institutions, and securities broker-dealers. At that time, financial institutions engaged in private securitizations of mortgage loans, and he performed collateral audits of those structures. Wayne is a graduate of the University of Evansville with a Bachelor of Science in Accounting. More recently he served as President of the Alumni Board. He earned a MBA degree in Finance from the University of Michigan. He holds the Series 24, 52, 62, 63, and 79 licenses, which qualify him as a General Principal for the department.