Jon Arvay Email and Phone Number

•Acquire in-depth subject matter expertise of different financial utilities that are integral in daily global banking activities.•Conduct analyses, recommend and implement processes for the Firm to optimize its daily liquidity, which includes better utilization of collateral supporting credit and reinvestment of funds and securities to drive profitability.•Perform liquidity management activities, such as purchasing of Fed Funds, liquidity movements between businesses and operations, and approval of client daylight overdraft requests. •Develop key relationships with business unit and senior executives to recommend and drive change in processes and procedures to make the Firm more efficient.•Create a process and methodology of charging internal businesses and clients for use of the Firm’s liquidity.•Build complex financial models to project intraday liquidity needs to maintain access to key third party providers.•Develop playbooks to maintain continuity of access to key third party providers in the event the Firm is under stress.•Prepare materials and chair meetings with senior management, regulators and outside consultants on intraday liquidity.•Develop dashboards and other monitoring metrics used to track essential data to manage intraday liquidity.•Participate in completing major regulatory deliverables, including the capital planning process (CCAR), Dodd-Frank Act Stress Testing (DFAST), and Recovery and Resolution Planning.•Participate in cross department shadowing to expand skill sets and provide recommendations to senior managers for ways to update antiquated processes.

The Office of Recovery and Resolution Planning (ORRP) is a project management office that serves as the firm's main point of contact for the development and ongoing maintenance of global and local Recovery and Resolution Plans (RRPs) to meet US and foreign regulatory requirements. My primary functions include: - Conduct complex financial and operational analysis of business lines and legal entities throughout the organization to understand key interdependencies.- Identify gaps that assist in driving cooperation amongst business lines and legal entities to streamline the firm- Preparation and implementation of project plans- Chair meetings and interact with senior management globally and external influences- Draft assigned sections of the plans for various regulators across various jurisdictions, including the UK, US and Belgium and in turn becoming a subject matter expert on various business lines and legal entities, as well as other topics, such as financial market infrastructures, intraday liquidity, and collateral management.- Collect, evaluate and articulate large amounts of data - Design stress scenarios and determine appropriate stress triggers for recovery actions- Relationship management of key stakeholders ensuring program engagement- Facilitate and attend regulator feedback sessions

•Independently prepare high-quality and complete credit offering memorandums for specialized and complex deal structures. Includes identifying all major and secondary credit issues; compiling a history/background of the customer; compiling an operations overview; researching and writing customer, competitor, industry and vendor overviews; performing historical financial, proforma cash flow, projection, sensitivity, borrowing base, and collateral analysis; presentation of risk and mitigants.•Underwrote approximately $497,500,000 in 2011, $269,000,000 in 2012 and $444,100,000 through July 2013 in proposed new business transactions. Resulting in several million dollars in interest and fees for PNC Business Credit.•Coordinate the receipt of and evaluate the thoroughness of collateral valuations consistent with bank and federal standards. Work with internal departments and third party vendors to accurately provide necessary information in a timely and effective manner.•Assist with initial negotiations with potential customers including setting up loan structures, working with counsel, negotiating loan documents, and closing.•Participate actively in and conduct independent due diligence meetings with clients/prospects, while addressing their needs and concerns, and offering solutions that are supported by senior management at PNC Business Credit.•Operate independently, while modeling strong teamwork skills both inside and outside the department and bank.•Actively participate in the training and development of junior underwriters, including providing initial policy and systems training, accompanying new to mid-level underwriters on company/site visits, and review of underwriting reports while providing feedback/guidance.

•Conducted field audits of secured lending clients and analyzed the customers’ collateral records and financial statements to determine accurate collateral values.•Prepared audit reports and supporting work papers for review and discussion with relationship managers and representative loan committees. Such reports are utilized by various groups within Business Credit to analyze a customer’s credit condition and collateral reporting accuracy.•Acted as a liaison between the relationship manager and the client in providing recommendations for implementation or improvement of collateral control or reporting procedures.

• Analyzed customer needs and suggested products to fit those needs.• Developed new customer base to increase market share and improve profitability.• Maintained positive customer relationships through positive attitude and interpersonal skills.• Maintained daily accurate drawer balance.