Michael Berrios Email & Phone Number

Charlotte, Nc, Us

San Francisco, California, Us

San Francisco, California, Us

As the CFO for Wells Fargo's Commercial Digital team, I provide financial leadership and oversight for initiatives driving digital transformation and innovation within Commercial Banking and Corporate Investment Banking. In addition to managing financial strategies and budgets, I also have portfolio oversight of SDI's investment portfolio, ensuring alignment with business objectives and optimizing resource allocation for the development and adoption of best-in-class digital products and services across the organization.Prior to this role, as the CFO of Innovation, I functioned as a trusted business partner to executive leadership, offering strategic guidance, developing forecasts, and overseeing reporting, as well as managing investment planning and budgeting. Our portfolio encompassed a wide spectrum, including the implementation of blockchain and artificial intelligence (AI), investments in seed-stage startups, and a focus on human-centered design principles.

Bernhardt Watch Company, a microbrand renowned for its limited-quantity watches and customer experience, provides a platform for me to extend my expertise beyond the realm of finance. As Brand Director, I orchestrate dynamic marketing initiatives and strategic endeavors, elevating the brand's visibility and market presence. My role extends to actively shaping new product development and design strategies, most recently with the design and production of a new watch.In addition, I lead the customer service domain, cultivating lasting connections with our valued clientele while fostering relationships within the community of watch enthusiasts. This multifaceted role highlights my capacity to thrive in diverse, customer-centric environments and underscores my adaptability in roles outside the financial sphere.

Charlotte, Nc, Us

In my previous role in Financial Planning & Analysis (FP&A), I managed the financial aspects of the Wholesale Credit product within the firm's Asset-Based Lending portfolio. My responsibilities included forecasting loan activity and evaluating revenue impacts using comprehensive market data and historical trend analysis.I served as a dedicated Finance Officer for segment executives, delivering regular and ad hoc financial reports while confidently discussing financial matters in company-wide all-hands and town hall presentations. Additionally, I played a crucial role in coordinating the preparation of investor relations materials for the firm's Commercial & Business Banking businesses.Beyond finance, I leveraged my knowledge in Organization Development to create an impactful presentation on conducting more effective workplace meetings. This presentation has been shared with numerous firm executives and approximately 2,000 associates.

Charlotte, Nc, Us

As a Senior Financial Analyst, I spearheaded critical financial functions for Global Commercial Banking & Business Banking businesses, overseeing $203 billion in assets and $9 billion in annual revenue. My responsibilities included crafting meticulously detailed balance sheet and income statement forecasts.I led efforts in interpreting the overall financial performance of business segments, transforming complex data into insightful analytical presentations for Senior Leadership, Executive Leadership, and Board of Directors meetings. Additionally, I played a pivotal role in directing the review and revision process for the Global Banking segment of the firm's quarterly release and SEC filing materials, including Investor Relations presentation decks and 10-Q/10-K filings. With a mind for the firm's Simplify & Improve (SIM) initiative, I achieved significant process improvements by streamlining and automating existing workflows, resulting in an 80-hour annual time savings.

Charlotte, Nc, Us

As a Senior Operations Analyst, I served as the team lead for the Global Reconciliation team, overseeing the efficient management of reconciliation processes for Corporate Treasury & Central Funding Desk trading, as well as the Global Custody and Agency Servicing (GCAS) lines of business.My responsibilities included the successful execution of month-end reconciliation processes and financial reporting, including the resolution of trade exceptions and the attestation of over 10,000 General Ledger account strings. I also spearheaded strategic projects aimed at process improvement and risk mitigation, resulting in a time-saving of 20 hours per month during FY 2018.Furthermore, I played a key role in implementing reconciliation policies and procedures across the team, conducting group training sessions and creating comprehensive lifecycle process flows. Additionally, I acted as a vital relationship conduit to Regulatory Reporting, Finance, and Internal/External Audit organizations, facilitating the resolution of trade exceptions and sharing knowledge to mitigate risk effectively.

Chicago, Illinois, Us

I actively contributed to the organization's risk management efforts by executing Sarbanes-Oxley audits, meticulously testing client financial data for variances and identifying unmanaged risks.My role involved in-depth analysis and evaluation of risks and controls, allowing me to collaborate closely with business counterparts to provide effective solutions. I also gained experience in conducting internal audits, risk assessments, general control reviews, and preparing SOC reports.I consistently delivered value by creating comprehensive reports that conveyed insightful analyses, findings, and recommendations to senior management.

In my capacity as a Financial Advisor intern, I actively contributed to client engagement and communications, assisting in the development of compelling presentations for both existing clients and potential ones. Additionally, I played a key role in arranging and preparing concise reports summarizing conference calls with portfolio managers, whether for mutual funds or privately managed accounts.I engaged in thorough research, examining mutual funds, stocks, and various securities to provide valuable insights. My responsibilities extended to the meticulous preparation and proofreading of investment management performance reports, as well as the necessary account paperwork.In direct collaboration with clients, I addressed and resolved existing issues while assisting with various service requests. I also played a vital role in preparing comprehensive financial exhibits, including Balance Sheets, Income Tax Projections, Cash Flow Projections, and Insurance Summaries (Life, Disability, Health, and Long-Term Care).

Bachelor'S Degree, Finance

Master Of Science - Ms, Talent & Organization Development