David Riemer, Mba, Ctp Email & Phone Number

Oversee the following areas:Bond AccountingSafekeeping/collateral managementOffice Management/BillingInformation TechnologyBusiness IntelligenceSEC Compliance ResearchHuman ResourcesAssistant Controller Duties

Plano, TX, US

• Managed treasury function for two multi-site banks under Beal Financial ($10B combined assets) including cash/liquidity management and financial risk management.- Managed one treasury analyst; multiple indirect.
• Redesigned, enhanced and maintained cash/liquidity forecasting processes and reporting including weekly cash flows averaging $150M. Analyzed variances and reported to senior management.
• Developed complex financial models for Net Interest Income (+375M annual)/Balance Sheet ($10B assets) sensitivity forecasts and stress tests.
• Negotiated contract for new Asset/Liability Management software (Fiserv); implemented the installation, testing and development of new financial models using the software. Incorporated into the measurement analyses.
• Reduced data exceptions by 95% for forecasts by working with IT & loan system business analysts to strengthen data system integrity.
• Analyzed Net Interest Income (+$375M ann) forecast variances; reduced variances to 3% average.

Charlotte, NC, US

• Finance Business Partner to Central Division of Premier Banking & Investments (PB&I): $17B Deposits; $4B Loans; $18B Client Investment Assets; 800 associates and annual budget of $140M.- Partnered with Central division.
• Led 4 functions simultaneously: Central Division finance partner; PB&I Finance LaSalle Transition leader; Mass Affluent Products finance leader and Mass Affluent revenue lift analysis leader.
• Instituted expense controls and reporting that helped division end year $9M / 6% under budget.
• Developed key deposit (sales) reporting and provided thought leadership to help reverse 5% under plan to 3% over plan by year-end; aspects of reporting were adopted by national reporting team.
• Led financial team for 15 months through the merger and integration of LaSalle. Received recognition for quality and seamlessness of reporting throughout the transition.
• Improved the quality and effectiveness of management reporting and analysis for Central Division, LaSalle Transition and Mass Affluent Product Group to better understand financial/operating results and identify.

• Provided operational and financial leadership for management of a $1B mortgage hedge fund.- Led the development of financial forecasts, models and strategic plans as a basis for presenting investment strategies..
• Key member of team that provided 18% total ROI the first year of operation.
• Developed and championed investment strategies utilizing mortgage-backed securities, collateralized mortgage obligations, mortgage derivatives and over-the-counter and exchange-traded options on treasury and Eurodollar.
• Enhanced liquidity by negotiating ISDA and Master Repurchase Agreements with 10 Wall Street firms which created basis for credit lines and risk management activities. Partnered with legal representation to ensure all.
• Monitored and analyzed capital markets activities and economic developments. Wrote quarterly economic analysis and portfolio review newsletter distributed to the Fund’s investor and creditors, including ten of Wall.

• Provided leadership and partnership for managing, analyzing and monitoring business strategies. - Managed Treasury team of eight people: three asset traders, two liability traders, two analysts (one manager-level) and.
• Key team member in delivering shareholder return on average equity of 25% over 15 year period.
• Managed, analyzed and profitably traded $3 to $4B mortgage-backed securities portfolio, in addition to a $100M mortgage derivatives portfolio and a $1B off-balance sheet derivatives portfolio.
• Championed investment strategies that would enhance profitability while minimizing risk from inception through approval, including presentation to Board of Directors.
• Built and presented asset/liability models and analysis using QRM and Excel for multiple business plans/forecasts to executive management, Board of Directors and regulators.

• Developed, wrote, championed through approval and implemented Bank’s Information Systems Strategic Plan. Plan called for overhaul of Bank’s fractured systems and replace with state-of-the-art systems for each business.
• Negotiated contracts with vendors for four new systems with a total contract value of $1M per year.
• Hired and managed systems personnel to coordinate the new systems environment from the business applications perspective.
• Provided seamless liaison between IT department (managed by a sister company) and the Bank.

Mba, Finance

Ba, Political Science And Communications