David Riemer, Mba, Ctp

David Riemer, Mba, Ctp Email and Phone Number

Managing Director, Operations at ALM First Analytics @
David Riemer, Mba, Ctp's Location
Dallas-Fort Worth Metroplex, United States, United States
David Riemer, Mba, Ctp's Contact Details

David Riemer, Mba, Ctp personal email

n/a

David Riemer, Mba, Ctp phone numbers

About David Riemer, Mba, Ctp

* Seasoned finance leader with deep experience and success in driving the financial planning and analysis and treasury functions. * Passionate about improving P&L, processes and people. * Equally adept at working at companies large and small. * Approaches finance as a relationship/partnership activity just as much as an analytical and number crunching activity.Key Experience:✔ Financial modeling of net margins of $375+ million annually✔ Balance sheet management of $18+ billion✔ Cash flow projections of $150+ million weekly✔ Budgets of $140+ million annually✔ Investment portfolios managed: $4+ billion fixed income securities✔ Managed teams of 8 direct reports; indirect reporting teams of 15+Specialties: - Strategic Planning- Budgeting- Financial Planning and Analysis- Financial Modeling- Asset/Liability Management- Financial Risk Management- Treasury/Banking Relationships- Capital Markets Analysis and Execution- Business Analysis- Board of Directors/Management Reporting- Multi-Site Financial Management- Cash Management- Liquidity Management- Financial Modeling- Debt Management- Treasury Operations- Risk Mitigationpreferred email: david.s.riemer@att.net

David Riemer, Mba, Ctp's Current Company Details
ALM First Analytics

Alm First Analytics

Managing Director, Operations at ALM First Analytics
David Riemer, Mba, Ctp Work Experience Details
  • Alm First Analytics
    Managing Director, Operations
    Alm First Analytics Aug 2017 - Present
  • Alm First Analytics
    Director, Operations
    Alm First Analytics Aug 2016 - Present
    Oversee the following areas:Bond AccountingSafekeeping/collateral managementOffice Management/BillingInformation TechnologyBusiness IntelligenceSEC Compliance ResearchHuman ResourcesAssistant Controller Duties
  • Beal Bank
    Sr. Treasury Manager
    Beal Bank 2009 - 2015
    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 reportsKey Accomplishments• 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 performed using Intex and Bloomberg. • 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.• Reduced cost of issuing brokered deposits 20 basis points (savings of $10M annually) by changing how Beal came to market and by developing more focused competitive analysis.• Monitored and maintained compliance with debt covenants/restrictions for $1B in FHLB advances, $1.5B in intercompany borrowings.• Cultivated strong broker relationships to build and maintain brokered deposit portfolio of $5B.• Increased liquidity by identifying 2 new funding sources: QwickRate/National CD Rateline.• Successfully integrated treasury functions after purchase of two banks ($2B in assets) from FDIC.• Partnered with loan servicer to create a loan pledging department (created $2M in savings).
  • Bank Of America
    Svp/Sr. Finance Officer
    Bank Of America 2006 - 2009
    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 leadership to develop annual business plan, budgets and monthly reforecast, including variance analysis and recommendations for corrective action; prepared and presented quarterly business and financial review to the president of PB&I - Managed one VP – Finance Business Manager; multiple indirect and geographically diverse reportsKey Accomplishments• 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 emerging trends.
  • Cyma Fund Advisors (Formerly Bluebonnet Savings Bank)
    Assistant Treasurer
    Cyma Fund Advisors (Formerly Bluebonnet Savings Bank) 2003 - 2006
    - 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.- Managed three portfolio traders.Key Accomplishments• 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 futures. • 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 aspects covered.• 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 Street’s largest brokerage houses.
  • Bluebonnet Savings Bank Fsb
    Vice President Of Investments/Assistant Treasurer
    Bluebonnet Savings Bank Fsb 1998 - 2003
    - 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 one wire room clerk.Key Accomplishments• 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.
  • Bluebonnet Savings Bank Fsb
    Vice President/Director Of Financial Systems And Analysis
    Bluebonnet Savings Bank Fsb 1996 - 1998
    • 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 function.• 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.

David Riemer, Mba, Ctp Skills

Finance Portfolio Management Banking Capital Markets Financial Analysis Treasury Management Investments Strategy Financial Modeling Analysis Forecasting Derivatives Financial Risk Financial Services Mergers Interest Rate Risk Management Large Scale Budget And Financial Planning Loans Managerial Finance Strategic Financial Planning Brokered Deposits Strategic Planning Budgeting Cash Management Financial Planning Executive Level Relationships Multi Site Operations Liquidity Management Microsoft Office

David Riemer, Mba, Ctp Education Details

  • The University Of Texas At Austin
    The University Of Texas At Austin
    Finance
  • American University
    American University
    Political Science And Communications

Frequently Asked Questions about David Riemer, Mba, Ctp

What company does David Riemer, Mba, Ctp work for?

David Riemer, Mba, Ctp works for Alm First Analytics

What is David Riemer, Mba, Ctp's role at the current company?

David Riemer, Mba, Ctp's current role is Managing Director, Operations at ALM First Analytics.

What is David Riemer, Mba, Ctp's email address?

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What schools did David Riemer, Mba, Ctp attend?

David Riemer, Mba, Ctp attended The University Of Texas At Austin, American University.

What skills is David Riemer, Mba, Ctp known for?

David Riemer, Mba, Ctp has skills like Finance, Portfolio Management, Banking, Capital Markets, Financial Analysis, Treasury Management, Investments, Strategy, Financial Modeling, Analysis, Forecasting, Derivatives.

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