Joe Tumbarello Email & Phone Number

Long Island, New York

Arlington, Texas, Us

Arlington, Texas, Us

A Financial Services and Financial Technology company featuring consumer-friendly, compliant, cross-border money transfer, consumer loans, bill payment, check cashing and other financial services.

TMCBECA is a multinational advisory group with expertise in CFO Services, risk management, security matters and operational

New York, New York, Us

A Financial Technology company featuring an Omni-channel global payments product: Multiple payment products and originating geographies to 120+ countries. Key accomplishments:• Proactively engaged banking, vendor and client relationships to strategically and operationally solve problems, improve processes and forge stronger business and strategic partnerships.• Created analytical dashboards to provide greater visibility to business and operational trends migrating existing reports from data to decisionable business information. A top three US bank commented, “I wish we had some of these capabilities.”• Developed the first formal risk assessment process to understand, mitigate and substantially reduce the company's risk profile. This yielded a reduction in loss rates and overall enterprise risk.• Expanded and maintained global banking relations.• Led the company through equity investment and debt refinancing processes including valuation and due diligence. • Expert speaker at industry and investor related conferences.Key Responsibilities:• Provide effective and visionary leadership through active involvement in all business divisions and operations with a broad and deep knowledge of all business strategies and functionalities.• Direct and consult on strategic plan implementation processes with the Board, CEO and Department Heads.• Conceptualize, formalize and lead multiple project and process implementations across Sales, Information Security, Infrastructure, Finance and Operations.• Manage development of budgets and forecasts within company capabilities, short-term and long-term strategies. • Oversee financial strategies and activities and insure the correctness of profit and loss for the organization.• Lead the accounting, human resources, cash management, treasury, Information Security, Infrastructure and Compliance departments.• Evaluate, and when appropriate, lead the process for acquisitions.

Roseland, New Jersey, Us

A Financial Technology company that markets, manages and processes stored value Visa® and MasterCard® cards focusing on the domestic paycard and prepaid markets. • Managed development of budgets and forecasts within company capabilities, short-term and long-term strategies.• Participated in weekly leadership meetings ensuring budgetary, regulatory and strategic goals are aligned.• Forged cross-functional teams creating operational efficiencies and process transparency.• Ensured performance metrics are analyzed and presented in a cogent method to the leadership and Board.• Created and managed processes analyzing company performance across multiple business units.• Developed and maintain first-ever analytics to identify business strengths, weaknesses, opportunities and tactics.• Automated key business processes such as commissions, Visa and MasterCard reporting and new business analysis. • Managed bank implementations and portfolio migrations with nominal card impact while yielding substantial business gain. • Developed, led and grew finance and compliance teams in fast-moving, evolving business and regulatory landscapes.• Led the migration of transaction gateways, transaction networks and card portfolios.• Designed and negotiated agreements with key networks and vendors for income optimization.• Presented at industry meetings and company sales and business conferences.

The company features stored value MasterCard® card and closed-loop products designed for the domestic and foreign markets. As the Chief Operating Officer my responsibilities extend to business development, finance and technology.; Develop products and programs for Africa, Asia, South America, Europe and the United States marketplaces.Develop forecasting, accounting and financial control / reporting procedures for foreign and domestic programs.Design and coordinate all activities necessary to bring concepts to market including legal, regulatory and technology.Develop and implement short and long term company strategies.Manage global compliance such as PCI and SAS70.Coordinate card usage for all markets including payroll and payout programs.Accomplishments include:Certified and launched platform - moved from Beta into deployment.Initiated deployment of products through 41 client companies.

The company features two products lines: A stored value MasterCard® card and revenue cycle management healthcare processing. As the Chief Financial and Operating Officer my responsibilities extend to include all business development.; Identify products and evaluate viability in the U.S. and European marketplace.Design and manage all accounting and reporting for division.Negotiate agreements with partnerships, distribution channels and vendors.Develop programs aimed at usage for the Hispanic market.Accomplishments include:Integrate processing and banking platform in the U.S. - launched product into Hispanic market.Contract and bring to development processing agreements in the European Union.

The company processed $12 billion in credit card transactions annually in a 50/50 partnership with First Data Corporation. (In 12/01 First Data purchased the other 50%. The Executive Committee managed company as a wholly owned subsidiary.) Chief Financial Officer• As a member of the Executive Committee set corporate-wide strategies, goals and objectives.• Improved profits 450% in two years through aggressive expense control and revenue initiatives.• Established company’s first ever formal budgeting and forecasting process.• Designed and implemented new processes that drove over $6 million in increased profits annually.• Developed new business lines leveraging the company’s core competencies.• Led the creation and management of financial and operational goals for the company.• Managed all finance, analysis, accounting, planning, reporting, pricing, purchasing and payroll functions.• Effectively managed 53 finance, accounting and analytical staff.• Consulted and coordinated with the sales group on new programs for driving sales.• Designed and implemented the company’s first performance-based management incentive program.

Cardservice Relationship / CFO Managed Accounts and Risk -- Responsibilities include:Managed $60 billion merchant-processing portfolio. Partnered with senior Cardservice management on all strategic, operational and financial issues.As a Member of the Board of Directors, set strategic and financial direction for Cardservice.Managed reporting, analysis and management of all divisional financial functions.Provided recommendations to management as the CFO for the company's third largest business unit.Accomplishments include:Won company's prestigious Winners Circle Award given to top 1% of employees.Improved income by $40 million and Cardservice International PTP 400% between 1997 and 1999.

Revenue and Affiliate Sales: Recipient of HBO's Gryphon Award

Master Of Business Administration (Mba), Corporate And International Finance

Bs, Management / Accounting