Eric Pratt Email & Phone Number

Saint Paul, MN, US

Shakopee, MN

Serve on the Board of Directors of St. Gertrude's Health & Rehabilitation Center, a member of the Benedictine Health System. I work with management to assure patients receive quality and compassionate care and participate in organizational planning and decision-making. This is a volunteer position.

St Paul, Minnesota, United States

Chairman of the Jobs and Economic Growth Committee and past Chair of the Education Policy Committee. Also serve on State Government, Capital Investment, and Redistricting committees.Passed several bills signed into law on a bipartisan basis related to - Education, - Driver's License/Identification, - Banking, - Consumer Protection,- Workforce Development.

Greater Minneapolis-St. Paul Area

• Led de novo risk management process for $8 billion Prepaid Debit Cards to address credit exposure concerns and overall portfolio risk, including operational and regulatory risk.
• Established credit policy, risk controls and strategies to perform with the bank’s risk tolerance.
• Implemented treasury management procedures and reporting processes.
• Worked with individual corporate and government clients to extend and manage exposure risk.
• Achieved “Strong” risk management rating… Show more Led de novo risk management process for $8 billion Prepaid Debit Cards to address credit exposure concerns and overall portfolio risk, including operational and.
• Achieved “Strong” risk management rating from internal and external auditors. Show less

Greater Minneapolis-St. Paul Area

• Promoted to manage credit and operations risk for $30 billion credit card portfolio to mitigate long-term credit and regulatory risk.
• Led analytic team through post-recession transition to 2nd line of defense model.
• Averaged 7% growth rate in accounts and balances.
• Modified Balance Transfer program to improve profitability by 10% in first year.
• Increased automated credit underwriting decisions and reduced manual review queue by 25%

Minneapolis, Minnesota, United States

• Recruited to lead team of 80 managers, fraud prevention staff and professional investigators through recession.
• Achieved 6.5 bp fraud loss rate – among the best in the industry.
• Responsible for relationship management and financial performance to affiliate bank executives.

Prior Lake, MN

Elected to serve on the Board of Education. - Seved as Chairman 2002-2003, 2011- Treasurer/Clerk 2001, 2006-2010Prior Lake Area Schools have a long tradition of excellence in the South Metro area, and is recognized as a leader in the State of Minnesota. Board members serve to reflect the values of the community and work with the administrative team to set.

Greater Minneapolis-St. Paul Area

• Promoted to develop new financial products that could be sold on a “J-Hook”.
• Developed insurance and financial services products to meet the needs of a diverse customer base.
• Estimated of $20-$40 million of incremental revenue annually.

Greater Minneapolis-St. Paul Area

• Promoted to lead team of 90 in multiple sites to reduce fraud losses.
• Reduced credit fraud losses by over 60% implementing operational efficiencies and enhanced analysis.
• Improved bilingual service by expanding call center capabilities in Panama.
• Improved team morale and earned a 98% customer satisfaction rating.
• Managed SOX 404 quarterly compliance.

Greater Minneapolis-St. Paul Area

• Promoted to develop account acquisition strategies for $6 billion proprietary retail credit card generating $1.2 billion in revenue.
• Launched account acquisition strategies for a de novo Visa portfolio.
• Initiated proof of concept and built business case for enterprise implementation of driver’s license verification technology. Cut application time by 25% and reduced returned mail by 40%
• Upgraded underwriting system (ACAPS) and added a strategy manager feature that allowed for… Show more Promoted to develop account acquisition strategies for $6 billion proprietary retail credit card generating $1.2.
• Upgraded underwriting system (ACAPS) and added a strategy manager feature that allowed for true Champion/Challenger testing.
• Developed new risk scorecards and negotiated credit bureau contracts, saving $4 million annually. Show less

Greater Minneapolis-St. Paul Area

• Established credit risk management framework for proprietary store card portfolio.
• Designed workflow for new credit authorization system.
• Built and implemented an analytic process to easily assess the profitability of account management and acquisition strategies.

Dallas

Formed and led newly created credit risk management analytic team for mortgage loan portfolio.

I held several roles at First Bank Systems prior to the US Bank acquisition. I started as the Credit Scoring analyst for the entire consumer product suite. Initiated risk-reward for all deposit-related products (Debit Card, Checking Plus Overdraft protection, DDA accounts, etc). Doubled account acquisition and profitability of debit card.I finished my.

Bachelor Of Arts - Ba, Economics

Activities and Societies: Sigma Phi Epsilon, Varsity football, member of Alumni C Club

Mba, Finance