Donald Powers Email & Phone Number

Greater Pittsburgh Area

Responsible for annual plan, monthly forecasts, financial packages, and presentations for multiple Asset Servicing Operation groups. Heavily involved in cost saving initiatives. Over $250MM annual budget and 3000+ employees• Worked with managers to implement cost savings to lower staffing levels and move staff to lower cost locations, mainly India. Multiple groups lowered staff by 10-20% while others moved over 30% of their staff to India or other low cost locations.• Developed Metrics reporting tied to staffing and key department drivers for Senior Management to track cost initiative progress.• Calculated, consistent, and accurate financial reporting resulted in no year-end external audit adjustments or internal control audit letters.• Promoted to Business Line Controller II in 2009 and Business Line Controller IV in 2010.

Greater Pittsburgh Area

Assisted with monthly Executive Management packages. Internal allocations between Asset Servicing Groups. Planned and forecasted expenses for Global Securities Operations. $100MM annual budget and 600+ employees• Developed controls and analysis of operating service fee invoices that uncovered Mellon Bank was under charging a specific client by $500K per year.• Received Premier Achievement Award for developing a monthly unit cost allocation that was used to plan Mellon’s GSS intrabank allocations of expense and revenue.• Promoted to Senior Financial Analyst in 2004 and Principle Financial Analyst in 2005

Greater Pittsburgh Area

Compiled all cash, earnings and investment activity to complete fund’s financial statements in accordance with established policies. Analyze and reconcile changes in the fund valuation to ensure accurate calculation along with creating financial statements to set accounting principles.• Maintained 99.62% account accuracy for 2001 and 99.83% account accuracy for 2002, both were the best on the Verizon relationship for those years.• Received team award for accurately transferring the GTE book of business in early 2001.

Ft Lauderdale, Fl

Obtained qualified phone leads and opening brokerage accounts. Researched and analyzed public companies to determine finance health and investment potential.• Obtained NASD Series 7 License – Feb. 2000• Obtained NASD Series 63 License – Mar 2000• Scored 92% on Series 7 and 88% on Series 63 tests

Bachelor’S Degree, Finance

Education record