Dave Edmonds Email & Phone Number

Jacksonville, Florida Area

Alpharetta, Ga

Alpharetta, Ga

San Francisco

Managed strategy and P&L for bank’s entire suite of payment products, including ACH, Wire, Integrated Solutions, Check Services, and DDA Platform. Oversaw commercial card issuing. Supervised team of 10 Product Management, Product Development, and Systems Infrastructure personnel.-Led Payments Team to bank’s highest revenue generation (15%) and year-over-year (YOY) growth (100%) within first 3 months of employment by organizing and recruiting elite product management team to coordinate new cross-functional payment product efforts in Healthcare, Wine & Beverage, Agriculture, and Technology verticals.-Reduced service costs $2M by moving external banking services in-house, including Integrated Solutions, Controlled Disbursements, and Card Processing.-Grew payments from mid- to up-market focus by creating and executing product gap fulfillment strategy, new pricing initiatives, and renegotiations with payment IT vendors.

San Francisco Bay Area

Directed company’s Payables, Purchasing Card, and Fleet product strategy, including market analysis, conceptual product design, marketing efforts, and consulting with issuers to increase payment volume and client value. -Doubled platform payment volume over 18 months.-Received 1 of 18 global Go Beyond Awards by creating payables gateway to allow maximum flexibility and implementation when prescribing solutions for issuing financial institutions.-Grew 3-year volume 30% across B2B network by creating and executing strategy to enhance buyer-initiated payment processes, incentives, pricing, training, and marketing program.

Charlotte, North Carolina Area

Vice President / Wholesale DDA Integration Team Lead, 2009 – 2011 Led WF and Wachovia legacy teams in integrating Demand Deposit Platform and all related products and services. Developed full understanding of Commercial Treasury to create best solution for combined institution.  -Managed 3-year $15M project to successfully complete largest system integration in combined bank history, including creating system and product integration approach and strategy and supervising team of professional product, systems, and project management staff.---------------------------------------------------------------------------------------------------------------------Vice President / Domestic Correspondent Banking Segment Leader, 2007 – 2009 Developed and implemented product strategy for correspondent banking sales segment with $80M in annual sales.-Spearheaded major “white label” product strategy leveraging internal process infrastructures at low cost with projected 5-year revenue of $14M with only $1M investment.-Slashed $5M+/year from business line P&L allocations without affecting service delivery or sales efforts.

Richmond, Virginia Area

Oversaw Payments Strategy, Cash Management, and Wire/ACH Operations, managing $40M in banking fees with 5 financial institutions and $1.7T in cash movement.-Propelled company to nation’s 8th largest originator of electronic payments by devising strategy for electronic payments conversions and directing cross-functional team to $14M NPV.-Won CEO’s Circle of Excellence Award and 2006 Annual Alexander Hamilton Award in Cash Management.-Increased cash flow $2M by creating industry-leading same-day direct electronic payments exchange program.-Awarded patent for same-day ACH direct settlement. -Increased investment balances and reduced bank fees for lockbox receivables by creating proprietary cash flow and bank pricing system used to monitor lockbox payment activity, deposits, and payment processing exceptions.

Dallas/Fort Worth Area

Sold and delivered strategic consulting services to improve earning opportunities. Built and expanded client relationships.

Richmond, Virginia Area

Developed, coordinated, and managed corporate float policy for $12B dollar financial services company. Managed profitability of 56 commercial funds’ availability schedules and relationships of Federal Reserve, correspondent bank, and National Clearing House. -Increased revenue $4.2M by restructuring commercial funds availability process.-Enhanced ongoing annual revenue $1.2M by championing cash management projects.