Daniel Brachfeld Email & Phone Number

San Jose, CA, US

• Product owner of BILL's Payments and Risk platforms, supporting all payments and each of Credit, Fraud and Compliance risk
• Developed and implemented B2B Payment and Risk capabilities to enable SMB spend of 1% of US GDP ($300B+)
• Designed capabilities for onboarding verification (KYC/KYB & Fraud). transaction monitoring (Fraud & OFAC), and credit risk (Underwriting, Customer Management and Collections)
• Built payment orchestration platform to support 10+ payment methods across multiple Financial Institution and Provider partners
• Re-designed Credit Risk Platform by centralizing data sources, models and associated risk capabilities into centralized real-time decision-making engine
• Enabled fraud controls to deliver best-in-class fraud loss results

New York, NY, US

• Developed and implemented B2B Payments and Financing growth strategies and launched new products for businesses across all segments, from small to large and global
• Designed, launched and scaled Early Pay, industry’s first fully digital Supply Chain Finance and Dynamic Discounting product. $5B+ in Invoices managed by Early Pay in first year
• Managed Amex’s largest supplier payments legacy portfolio, Buyer Initiated Payments, a straight-through processing integrated payables solution for 400+ Large and Global corporates with annual revenues of $300MM+..
• Designed and launched AccessLine, a global Trade Finance solution enabling cross-border payments via Wire Transfer and financing for Small and Medium Enterprises leveraging Commercial Card capabilities. $2 billion in.
• Evaluated 100+ partnerships and acquisitions with Fintechs in the Loan, Receivables Financing and AP & AR Automation spaces through large data and capabilities analyses

New York, NY, US

• Oversaw credit, fraud and FX market risk management for institutional exposures, realizing two basis point write-off rate globally (<$5 million in losses on $35 billion in exposure)
• Direct responsibility for Risk over corporate cards, merchant acquiring, foreign exchange payments and lending, payment remittances, investments, vendors and invoice collection
• Led a team of 15 risk management professionals defining and executing end-to-end credit and fraud risk management for underwriting, line management, authorizations and collections
• Managed portfolio of 400 large Travel category merchants with $9 billion in exposure. Negotiated with CFOs reducing risk by $2 billion by obtaining collateral and introducing financial covenants
• Designed client and merchant onboarding rules for KYC and AML
• Partnered with Federal regulators ensuring effectiveness of second line FX Market Risk management program

New York, NY, US

• Developed negotiation and revenue strategy for airline relationships during period of mega-mergers
• Predicted outcome of airline mergers and positioned Amex to win a competitive Delta Air Lines co-brand deal.
• Achieved zero losses through the Recession despite 50 airline bankruptcies by conducting financial statement analysis, corporate credit risk analysis and financial modeling to assess airline financial health and assign.

US

• Engagement Manager – Silicon Valley Business Technology OfficeWorked jointly with senior executives of major corporations planning and implementing growth strategies and operational improvements in technology and.
• Led McKinsey team in developing payment card strategy for US bank with assets >$400 billion. Determined potential future of credit card associations and benefits of open-loop versus closed-loop networks. Quantified.
• Designed organizational model and new corporate strategy for world’s largest credit card network resulting in change in company governance and ownership.
• Created IT process improvement program growing division of $100 billion food company fivefold by focusing on manufacturing, inventory management and point-of-sale retail systems.
• Identified $1 billion in cost savings across all areas of aircraft production for largest US aerospace firm. Created metrics dashboard ensuring accountability for results.
• Developed impactful brand value proposition for Fortune 300 life insurance carrier based on customers’ shared values. Redefined goals of philanthropic division ($170M budget)

Master Of Business Administration - Mba

Master Of Engineering - Meng, Operations Research And Industrial Engineering

Bachelor Of Science - Bs, Operations Research And Industrial Engineering