Dwight Silvera Email & Phone Number

New York City Metropolitan Area

New York City Metropolitan Area

Assumed responsibility for the production management of the quarterly Comprehensive Capital Analysis and Review (CCAR) production runs. The scope requires coordination across 15 process groups that represent all business lines and infrastructure divisions within DB’s IHC. The production cycle is supported through an automated runbook processes that was implemented through my team.Manage the annual risk and controls assessment (RCA) process for all key controls throughout all CCAR process functionsDeveloped model data sourcing processes for financial and non-financial inputs for B/PPNR and for credit loss related models. These processes support both model development, testing and execution effortsImplemented ongoing data quality checking capabilities across various input sources. This includes the management of remediation efforts for data quality exceptions and issues as a part of the CUSO Data Steward Committee. This effort is coordinated across various data provider organizations within the Bank along with TechnologyDelivered on multiple data related initiatives aligned to both DB Group and Region strategic deliveries such as data lineage and strategic sourcing efforts.Administration of the CCAR platform, SRC, which was developed in-house for which I was included on the patent.

60 Wall Street New York

Assumed responsibilities as Business Finance lead upon my promotion from Vice President. This role included the responsibilities of Treasurer for the MortgageIT entities that DB acquired in 2007.Responsible for the daily P&L reporting which included the coordination of the VaR backtesting results from Market RiskManaged the monthly ledger close cycle for RMBS related activities within DB’s broker/dealer entity, DBSI in addition to over 20 RMBS specific entities, SPEs/SPVs and JVs. This function included US GAAP and IFRS reporting requirements through the management of well-controlled processesDeveloped monthly reporting pack that include both internal business metrics alongside industry benchmarking data

Responsible for the daily P&L reporting which included the coordination of the VaR backtesting results from Market RiskManaged the monthly ledger close cycle for RMBS related activities within DB’s broker/dealer entity, DBSI in addition to over 20 RMBS specific entities, SPEs/SPVs and JVs. This function included US GAAP and IFRS reporting requirements through the management of well-controlled processes

Financial Controllership for the 27 legal entities owned by Asset Management. Duties included but not limited to monthly consolidated and stand alone reporting to Head Office. Includes intercompany reporting and suspense account review.Reporting duties also include some regulatory such as FFIEC 041 – Call Report for Scudder Trust Company, BE 10, 602, 602 for Deutsche Asset Management as well as provide other financial support to our internal Regulatory Group. Funding activities for investment seedings and liquidations.Management Review Process (MRP) Coordinator for Asset Management: This role includes monthly reviews with the businesses in AM to ensure that substantiation of their balance sheet is being done in compliance with our SOX requirements, to review monthly results, and to report on potential exposure issues.Directed and managed a staff of four

Responsible for the US GAAP (formerly IAS) submission for one of the significant consolidated entities in the North American region, US Financial Markets Holding (USFMH). This role includes the responsibility of providing detailed monthly analytical reviews to our head office in Germany.Ensure proper reporting by coordinating details and reviewing results with various legal entity controllers, business area controllers, management reporting staff, Credit Risk and head office controlling.Support the maintenance of the mainframe element mapping tables and related sub-system GL tables in order to ensure consistent data across all reporting entities as well as updated reporting requirements. This includes the researching of new FASB pronouncements in order to ensure reporting compliance and ad hoc coordination with the LEC’s and BAC’s to determine proper treatment for unusual financial transactions.Responsible for the preparation of 10K and 10Q disclosures for the Banker’s Trust Registrant which include the statement of cash flow, the fair valuation and trading derivative footnotes.Supported various management initiatives such as the US GAAP reporting conversion (the NYSE Project) and the implementation of new reporting submission formats and requirementsDirected and managed one full-time staff person along with a shared analyst.

Responsible for the monthly NY financial reporting process which includes the allocation of the revenues related to the product sales; the monthly review of product holdings from the various marketing support areas; systems review and update for the “flash” data (required monthly unit level financial data) for select legal entities.Analyzed monthly results with detailed review of sales staff productivity, product holdings over $9 billion and growth by region, revenues by product and expenses. Prepared monthly analysis packages tailored to the needs of various internal clients. Process involves mainframe downloads and Access database management in order to customize data for the reporting formats created in Excel.Responsible for the expense accounting of an American Express Bank Ltd. / American Express Financial Advisors (AEFA) joint venture company. Scope included coordination with AEFA, operations processing via the UK office, accounting support in Cayman and product management. Provided monthly file extracts and downloads to facilitate detailed product review.Assisted with the preparation of the annual budget for Private Banking. Support the preparation of the rolling four-quarter forecast.Provided various levels of financial support to marketing staff on an as needed basis. Includes liaison duties with marketing and finance staff

Responsible for the reporting, forecasting, budgeting and analysis of 77 functional units of a four billion-dollar branch. New York Agency’s primary business is correspondent banking; providing services to clients in approximately 40 countries.Analyzed monthly results, including intensive review of the balance sheet and related net interest income, fees and expenses. Major involvement with complex expense allocation methodologies. Reviewed and adjusted, if necessary, each functional unit’s income statement to ensure the reporting of accurate monthly results.Jointly responsible for New York Agency’s budget. Coordinated with overseas and local marketing managers, operations staff and senior management. Guided marketing managers through complex interest income calculations and expense allocations. Worked with correspondent banking senior management in order to streamline expenses. Coordinated the processing of the 77 individual units’ budgets. Analyzed the reasonableness of the budgets against such factors as prior year results and the forecast.Conducted a monthly analysis of the actuals versus budgeted results for each individual functional unit. Collaborated with overseas relationship managers and New York support staff to explain variances for presentation to senior management. Directed the preparation and distribution of the reports.Responsible for the review and coordination of various regulatory reports including the Call Report (FFIEC002), the BC, BL-1, BQ-1 & BQ-2 and the Form S. Implemented new procedures for all regulatory reporting in order to provide better documentation, proper audit trail support and to streamline the preparation process.Responsible for the preparation and review of quarterly and annual GAAP reporting: cash flow, loan disclosure, fair valuation of financial instruments (FAS 107).

Planned and coordinated audit engagements in addition to supervising and evaluating audit staff.Prepared and reviewed financial statements including footnote disclosures. Performed analytical review of financial statements.Assisted in preparation of various consolidations.Ascertained that accounting policies and procedures followed were in accordance with US GAAP. Conducted research on new accounting and auditing pronouncements as a client service.Evaluated internal accounting control system.Prepared Letter of Recommendations for management.Industry exposure includes financial services, communications, software development and non-profit.

External Reporting