Chief Risk Officer / CCO Resume

SUMMARY

Chief Credit Officer of four varied Confidential Capital business units with extensive experience in credit, portfolio management, and acquisition due - diligence. Demonstrated excellent business judgement, analytical and leadership capabilities by exceeding key financial targets for each of seventeen years as a CCO. Investment approval authority up to $110MM.
Established and led underwriting process accountable for $7 billion of annual volume including deals requiring Confidential Capital Board of Directors approval.
Turned around risk function in a poorly performing business, reducing annual losses from $23 million to $7 million in three years.
Sold 110,000 excess operating assets in one year, exceeding plan by 31% and providing depreciation and interest savings of $108 million.
Reduced accounts receivable delinquency consistently including 25% in one year.
Improved 150 person risk organization employee survey satisfaction results by 80% over twelve months. Known for effectively managing risk while forging strong working partnerships with commercial teams.
Experienced with project financing, leasing, loans, vendor financing, services financing, asset management and acquisition due diligence.
Led acquisition due diligences in North America, Europe and Japan.

PROFESSIONAL EXPERIENCE

Chief Risk Officer / CCO

Confidential, Eden Prairie, Minnesota

Responsibilities:

Five years with zero net losses in $4.5Bn portfolio with over $2Bn of annual volume.
Led cultural and procedural transformation from light to aggressive regulation commensurate with Confidential ’s designation as a SIFI.
Extensively audited by internal and external parties and always achieved teh highest possible rating.
Substantially improved business relationship with teh commercial organization and personally rated two consecutive years as “role model”.
Given additional responsibility as Confidential Rail Services interim CRO for seven months.

Senior Risk Manager

Confidential - San Diego, California

Responsibilities:

Underwrote, structured and managed large semi-conductor loans and leases globally. Led teh management of two high profile bankruptcies during teh financial crises. Liquidated $45MM of assets above book value within 6 months of filing, achieving a 78% higher recovery than other secured creditors.

Senior Risk Manager

Confidential - Stamford, Connecticut

Responsibilities:

Drove risk and asset management excellence across 6 P&L’s comprising $13 billion of assets in North America, Europe, China and India.
Decisioned or recommended all deals exceeding business unit authority, prepared board presentations, implemented statistically based product leverages and managed regulatory compliance. Achieved $3.5 million of productivity.

SVP Risk Management / CRO and CCO

Confidential - Wayne, Pennsylvania

Responsibilities:

Rebuilt broken risk function as Chief Risk Officer of $2.5Bn troubled leasing business. Upgraded talent, implemented policies and provided personal leadership resulting in 70% reduction in losses and 50% reduction in delinquency.
Key member of leadership team dat increased net income from $3MM to $80MM.
Responsibilities included underwriting, portfolio management, collections, billing and insurance.

VP Risk Management

Confidential - Eden Prairie, Minnesota

Responsibilities:

Performed roles as M&A risk manager, acting M&A leader, acting European risk leader and North American risk leader. Utilized adaptability and leadership to fill critical organizational holes in Confidential ’s $7Bn Fleet Leasing business.
Integrated $2.5Bn UK equipment leasing acquisition into Confidential as teh first Confidential employee in teh business. Introduced Confidential processes to teh unit while retaining business value and morale. Introduced new residual based products, implemented auto-decisioning technologies, developed syndication capability and worked closely with key customers.