Elisabetta Trinca Email & Phone Number

Sydney, Australia

Sydney, Australia

Focus on the divestment of CBA's custody platform in New Zealand, Aegis. Responsible for formulating separation plans, support the transaction process including data room, due diligence, presentations and negotiations with bidder and delivering an efficient separation plan and execution as per CBA's directives

Sydney, Australia

Broad responsibility for defining the strategy and business plans for launching new platforms and products to institutional clients in Australia.Achievements:· Identified priority products to be offered to Private Banks in Australia and de-prioritised secondary products and clients that the bank could not properly service.· Conducted industry analysis to identify product launch strategy for fixed income investment products to the Australian retail market.

Sydney, Australia

Following Deutsche Bank's decision to reduce its footprint in Australia, project managed the de-construction of a 12-year-old Wealth Advisory business. Responsible for planning and monitoring all stages of the project life-cycle, including scope and requirements definition, execution and post implementation review. Managed project staff, engaged and co-ordinated internal resources. Prepared and presented project status reporting, including budget and overall project progress to Senior Management. Identified and evaluated project risks and implemented risk mitigation strategies.Achievements:· Successful migration of all clients and assets with minimal disruption. Successful wind down of $1bn loan book thus minimising reputational impact to the remaining business in Australia. Complete migration of $3bn worth of assets including complex and illiquid products.· Orderly wind down of the business. All deliverables were completed within the established timelines and budget.

Sydney - Australia

Responsible for managing and supervising all aspects of the business and deliver on an ambitious plan to make the business profitable. The role included full responsibility for strategy, operations, support functions, project management, execution and accountability for performance, decision making and risk taking.Achievements:· Created a full service Wealth and Advisory offering in Australia. Within two years, project managed and successfully built the only true Global Custody offering domiciled in Australia with comprehensive global execution capabilities and expanded the Margin Lending business into a full-scale multi-currency, multi-asset class offering. Revamped operating model and IT solution to cater for expanded product offering, including defining business requirements, vendor selection, process redesign, overseeing software configuration, managing UAT and final solution roll-out.· Developed a comprehensive third party platform designed to provide distribution and access to Lending, Wealth Products and the broader bank capabilities to clients not advised by Deutsche Bank. As a result, increased AUM from $1bn to $3bn.· Consistently increased revenues by an average of 20% yoy and reduced the cost base through discipline and prioritisation of expenses. Maintained headcount despite expanding the platform and offerings by implementing efficiencies and revamping front and back office processes, resulting in increased profitability measured as CIR from 144% to 70%.· Turned a dysfunctional group into a highly effective team by assigning clear roles and leveraging each person’s unique talents. · Re-defined the business' strategy and prioritised offerings to provide services to more profitable client segments and de-prioritised secondary products and clients that the bank could not properly service.

New York

Responsibility to detect and reduce exposure to various risks in the areas of AML, operations, business, legal and regulatory, supporting both the Private Bank and the brokerage arm of Deutsche Bank in the US – Alex Brown.Achievements:· Developed Risk Management Framework and established continuous monitoring program to identify areas requiring immediate attention. As a result, back office processes were streamlined, proprietary trading products were reviewed and better understood and the monitoring of the margin lending book was automated, among other initiatives.· Key member of a crisis management team that dealt with distressed clients as a result of liquidity constraints due to credit dislocation across markets, minimising losses in the margin loan book for the bank.· Successfully represented the business to relevant regulatory bodies (SEC, FINRA) during regulatory reviews.

New York, New York

Responsible for identifying process reengineering opportunities across the US Private Bank to achieve improvements in critical measures of performance.Achievements:· Redesigned and implemented new Client On-Boarding process and IT solution thus reducing client adoption from 15 days to 48 hours. Managed a team of 3 tasked with defining business requirements, vendor selection, mapping of as-is/to-be states, overseeing of system configuration, liaising with IT vendor, UAT, training of end users, final roll out and post implementation support.· Oversaw successful completion of nationwide AML remediation program covering 50 states and over 6,000 accounts in scope. Responsible for PMO, including project scoping, execution, tracking, reporting and risk management.

Sydney, Australia

Responsible for Finance, HR, Operations, Legal and Compliance for the Asset Management business including Infrastructure Investments, Direct Real Estate, Real Estate Securities and distribution of global products.Achievements:· Supported the Institutional Sales Group to focus on the bank’s strengths and prioritise key clients, which led to several large international real estate securities and infrastructure mandates and a robust pipeline.· Identified and implemented priority products and de-prioritised secondary products and clients that the bank could not properly service.

New York

Led a large consulting team to assist a global financial institution in remediating information gaps for its existing private banking customers in preparation for regulatory compliance audit.Achievements:· As a result, the client avoided a multimillion dollar fine for non-compliance with AML regulation.

Stavanger Area, Norway

Part of a multi-disciplinary team with responsibility to develop new business opportunities in the Americas. Covered the commercial aspects of the team including financial planning, budgeting, project control and commercial analysis.Achievements:· Assessed and focused the business' competitive positioning for accessing new areas, identified critical business issues and prioritised areas for improvement. As a result, the team focused its attention into 3 countries not previously considered in the strategic growth plan.· Implemented comprehensive annual budgeting process, streamlined and automated manual processes, reduced reporting errors and delivered meaningful reports resulting in 10% annual departmental savings.

Caracas - Venezuela

Developed budgets, prepared weekly and monthly reports and analysed operator’s performance of two major oil projects (worth over $4 billion).Achievements:· Developed timely and accurate reporting to management not previously available.· Identified target projects and entry strategy by conducting strategic and competitive analyses in the region.

Various

Managed the implementation of SAP/R3 for the Upstream division in Ireland and Venezuela as part of a $100 million global implementation. Performed gap analysis, conceptual and detailed system design, and system configuration, integration testing and training of end users.Achievements:· All activities were successfully completed within time and below budget.· Reorganised and improved the accounting and financial reporting process thus reducing monthly closings from 2 weeks to 3 days.

Caracas - Venezuela

Responsible for management reporting and cash management.Achievements:· Instituted internal controls to manage cash disbursements resulting in clean audit opinion for first time in three years.· Designed and developed key operating procedures for the newly created Accounting and Finance Department

Caracas - Venezuela

Master Of Business Administration - Mba, Finance And Economics

Bachelor'S Degree, Finance And Economics