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Vice President, Funding and Liquidity Manager Resume Example

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VICE PRESIDENT, FUNDING AND LIQUIDITY MANAGER
Summary

Analytical and detail-oriented finance and accounting professional with over 24 years in banking experience, including cash management, funding, liquidity risk management, accounting, financial reporting, investments, and regulatory compliance.

Highlights
  • Day-to-day cash management
  • Cash-flow forecasting
  • Debt instruments
  • Financial analysis and reporting
  • Internal control development
  • Management reports and presentations
  • Policies and procedure development
  • Regulatory compliance
Accomplishments
  • Established a comprehensive liquidity risk management framework to identify, control, measure, monitor, and report liquidity risk exposure.
  • Developed the bank's Liquidity Contingency Funding Plan.
  • Coordinated and analyzed comprehensive cash-flow projections under various scenarios.
  • Developed extensive framework for compliance to the Sarbanes-Oxley Act of 2002.
  • Recognized as a core team member of the bank's successful acquisition of a financial institution in 1997.
  • Recognized as a core team member of the bank's Balance Sheet Restructuring Project as a strategic initiative achieved in 2008. This involved the sale of $1.3 billion of securities and unwinding $1.2 billion of wholesale borrowings.
  • Project team member for two accounting system conversions for the securities portfolio in 2008 and 2009.
  • Achieved the highest score for federal regulatory examinations of liquidity risk management in years 2009 through 2012.
  • Promoted to Manager in January 2002, Assistant Vice President in October 2006, and Vice President in April 2009.
Experience
American Savings Bank, F.S.B., Treasury DepartmentJanuary 2002 to CurrentVice President, Funding and Liquidity Manager
Honolulu, Hawaii
  • Plan, direct, control, and manage daily cash operations, wire transfers, funds and securities settlements, and the recording and reconciliation of asset and liability general ledger accounts.
  • Develop and manage 3-month cash flow projections on a daily basis and guide the decision on borrowing or investing short-term liquidity.
  • Interact with business units, department personnel and senior management on a daily basis. Maintain business relationships with other departments (Accounting, Wires, Items Processing Operations, Central Cash Vault) to perform effectively in managing day-to-day cash operations of the bank while maintaining reserve requirements at the Federal Reserve Bank.
  • Act as liaison between the bank and the Federal Reserve Bank, the Federal Home Loan Bank, brokerage firms, government agencies, and financial institutions to establish maintenance and accountability procedures.
  • Present and discuss the bank's overall liquidity risk position, compliance, and recommendations to senior management on a monthly basis.
  • Developed the model framework, and generate, analyze, and evaluate cash flow forecast projections for 12-months to 3-years under various liquidity crisis scenarios; present quarterly analysis, summary and recommendations to senior management.
  • Manage the bank's wholesale borrowing portfolio, including the review and execution of agreements, loan payments, margin calls, financial reporting. Communicate regularly with funding agencies (brokerage firms, government agencies, financial institutions) and negotiate transactions.
  • Prepare and review financial and regulatory reports.
  • Recruited, hired, trained, coached, supervised, and evaluated up to four analysts under my supervision.
  • Researched, compiled and prepared economic presentations for senior management.
  • Developed internal control matrices, process flowcharts, activity flow descriptions, process improvements, procedural updates, and the internal control testing methodology for compliance to the Sarbanes-Oxley Act.
  • Monitor current banking regulations and research proposed regulations governing cash management, borrowings, and liquidity risk management. Establish, develop, evaluate, monitor, and maintain internal controls, policies and procedures, and reporting requirements to ensure regulatory compliance.
  • Assumed role for thoroughly reviewing third-party contracts with financial institutions, custodian banks, brokerage firms, and vendors. Maintain corporate resolutions, signing authorities, and certificates of incumbency for the Treasury Department.
  • Vendor manager for internet-based systems used for cash management, wire transfers, and asset repos.
  • Served on the bank's Asset/Liability Management Committee since 1991. The committee, comprised of executive and senior management, manages the balance sheet and develops and implements strategies in line with the bank's overall business plan.
  • Served on the bank's Treasury Strategy, Deposit Pricing and Compliance Task Force Committees.
American Savings Bank, F.S.B., Accounting DepartmentAugust 1990 to December 2001Financial Analyst
Honolulu, Hawaii
  • Managed the bank's wholesale borrowings portfolio; communicated regularly with brokerage firms and negotiated transactions.
  • Coordinated all cash and securities settlements with brokerage firms and financial institutions.
  • Managed the short-term, liquid investments portfolio; communicated regularly with brokerage firms and negotiated transactions.
  • Analyzed security offerings for the hold-to-maturity portfolio and prepared timely and accurate analysis for management to make decisions.
  • Monitored, analyzed and reported on two investment trading accounts managed by a third-party investment/advisory firm.
  • Researched, compiled and prepared presentations on economic events and trends affecting the interest rate environment for management meetings held twice a month.
  • Developed and conducted comprehensive due diligence and financial reviews of authorized brokerage firms on an annual basis; present findings and recommendations to senior management.
American Savings Bank, F.S.B., Human Resources DepartmentMay 1989 to August 1990Statistical Specialist
Honolulu, Hawaii
  • Updated and maintained highly confidential database of employee information; generate statistical reports for the Affirmative Action/EEO Officer.
  • Developed and generated consolidated compensation budget for the bank's 5-year business plan for the Director of Human Resources.
Education
University of Hawaii at Manoa1991MBA: Business AdministrationHonolulu, Hawaii, USA
University of Hawaii at Manoa1985Bachelor of Science: MathematicsHonolulu, Hawaii, USA
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Resume Overview

Companies Worked For:

  • American Savings Bank, F.S.B., Treasury Department
  • American Savings Bank, F.S.B., Accounting Department
  • American Savings Bank, F.S.B., Human Resources Department

School Attended

  • University of Hawaii at Manoa

Job Titles Held:

  • Vice President, Funding and Liquidity Manager
  • Financial Analyst
  • Statistical Specialist

Degrees

  • MBA : Business Administration
    Bachelor of Science : Mathematics