Director of Treasury Resume Midland, MI - Hire IT People

SUMMARY:

EXPERIENCE:

Director of Treasury

Confidential, Midland, MI

Responsibilities:

Responsible for all treasury activities including investments, pension management, forecasting, cash management and debt
Oversee investments totaling ~$1.5 billion, oversee investment manager relationships, lead investment manager selections/terminations, monitor performance and policy compliance, and report to investment committee quarterly
Executed a pension lump sum offer for term vested employees; eliminating $20.5 million of liabilities
Created and run the pension de - risking policy and increased the pension funded status from 69% to 92% (PBO) during my tenure
Completed multiple debt financings including a $175 million public debt refinancing, giving the company a $12.8 million present value savings
Manage all banking relationships
Created and maintain system wide cash Confidential
Responsible for all incoming and outgoing cash including ~100 merchant service accounts
Give regular treasury updates to the Corporate Finance Committee

Treasury Manager

Confidential, Midland, MI

Responsibilities:

Pension Asset Management

Confidential, Dearborn, MI

Responsibilities:

Managed $2.8 billion of hedge fund assets worldwide and reported to Confidential of Confidential monthly
Led a team that made a new multi-million dollar investment in a Confidential fund
Managed employees responsible for payment of fees and reconciliation of accounts
Monitored performance of $56 billion of pension assets on a daily basis

Treasury Analyst

Confidential, Dearborn, MI

Responsibilities:

Performed the duties of the Confidential of Confidential Credit Canada
Protected CAD $800+ million of income from being taxed
Reduced Confidential Credit Canada’s reliance on intercompany funding by 67% from $4.5 billion to $1.5 billion by securitizing its receivables
Prepared and submitted an application for a Canadian bank and prepared the bank for launch
Created and set up CD, Cash and ALM desks in preparation for launch of a $12 billion Confidential .

Trader

Confidential, Dearborn, MI

Responsibilities:

Executed as much as $2+ billion per day of foreign exchange spot transactions externally for Confidential
Fostered and maintained positive relationships with 20+ external banks
Worked closely with Confidential affiliates, including European Treasury, ensuring that they received the financing needed to keep them running and to keep their suppliers paid
Backed-up the swap desk; filling in when needed and assisting with trades on larger volume days

Hedge Fund Equity Research Intern

Confidential, Provo, UT

Responsibilities:

Created a database detailing the holdings of 30 hedge funds. Project increased productivity by reducing research time by 80%
Designed a presentation that outlined background, risks, opportunities, strategies, and financial data of a public company in an effort to raise over $100 million. Presentation was given to 20 investors, resulting in enough funds to purchase over 9% of the company
Researched 35 to 50 public companies and reported findings to CEO and senior analysts, influencing them to purchase two companies, as well as to continue researching four other companies

Financial Representative

Confidential, Salt Lake City, UT

Responsibilities:

One of 10 out of 300 traders during the first half of 2005 to perform all trades with 100% accuracy
Initiated and trained 15 team members how to access, use and apply database in daily work assignments, increasing efficiency by 20% and reducing errors by 60%