Vice President - Enterprise Financial Risk Resume
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SUMMARY:
- Executive risk management professional with broad and diverse financial/accounting experience with a demonstrated and proven track record of success in the banking and insurance industry. Specialized experience in project management, CCAR, AXIOM risk assessment/mitigation, operational risk, credit risk and audit and internal controls. Consistently builds best - in-class risk functions. Keen business acumen with very insightful analysis, critical thinking and problem solving skills.
- Executing on world-class best practices to enhance, implement and maintain strong vendor governance practices. Employs a strategic risk-based approach to collaborate with cross functional SME teams, including information security, privacy, business continuity, legal and other stakeholders to access, mitigate, monitor and report key risks.
PROFESSIONAL EXPERIENCE:
Confidential
Vice President - Enterprise Financial Risk
Responsibilities:
- Protected $20MM of income by mitigating significant credit risk with the development of best-in-class credit risk analytical tools that have been proven reliable and predictable to measure financial capacity.
- Reduced $500MM peak financial exposure with employment of effective bank payment controls.
- In support of regulatory requirements and ERM, designed a holistic scoring model to assess compliance, financial, operational, reputation, and strategic risks in connection with critical third party relationships.
- Significantly enhanced the financial analysis quality presented to Enterprise Risk Committees, including more insightful evaluations, sophisticated quantification techniques and structural mitigation features.
Confidential
Vice President
Responsibilities:
- Developed robust financial models complete with industry benchmarking to quantify a broad range of financial risk exposures relative to corporate risk appetite for credit, forward delivery and chargeback risk.
- Successfully proposed risk/reward analysis dealing with publically traded third party processors; the analysis contributed to 100% revenue increases and more robust and enhanced analytical methodology.
- Generated savings of $2-3MM and protected franchise value by engineering an orderly and timely merchant termination prior to the SEC enforcement action to halt a $600MM pyramid and Ponzi scheme.
Confidential
Assistant Vice President - Market Services
Responsibilities:
- Executed and managed the CCAR and development of financial projection models that measured financial statement and risk-adjusted capital impacts associated with strategic and/or reinsurance alternatives.
- Contributed to $10MM of brokerage income following valuable ERM presentation advice for and CCAR clients who subsequently earned rating upgrades due to enhanced margins and lower volatility.
- Established models to measure prospective financial dashboard metrics and stress tests that were proven leading indicators of financial distress to more effectively detect susceptible reinsurance markets.
Confidential
Senior Auditor/Auditing Manager
Responsibilities:
- Strategic growth of $200MM of reinsurance business while employing lower risks strategies.
- Detected $3 million of under-reported premiums based on thorough reviews of reported data.
- Promoted rapidly for strong performance and initiative to execute primary objectives.
Confidential
Accounting/Auditing Manager - Special Risk Financial
Responsibilities:
- Led the auditing initiative to reconcile/audit Fortune 500 commercial insurance company balances.
- Managed a team of 10 audit/accounting professionals to successfully earn unqualified audit opinions.
- Established strong controls over cash receipts/disbursements to maximize cash flow.
