Mark Bures Email & Phone Number

Lexington, Kentucky, Us

Recruited to build and lead global risk management program for 150-year-old company that would go public within 45 days. Held responsibility for ERM, all insurance programs, and crisis management plans.Procured global insurance program for all casualty, property, cyber and executive risk, launching program within tight, 45-day timeframe.Reduced total cost of risk while enhancing coverages, directing brokers and leveraging underwriter relationships for annual program renewals. Provided expertise by developing and implementing global ERM framework and conducting annual risk assessments. Improved strategic decision-making by presenting insurance program, ERM framework, and risk profile to Board of Directors at least twice annually.Managed reputational risk by creating global crisis communication playbook directing communications related to media coverage of events.

Schenectady, Ny, Us

Recruited to streamline and simplify global ERM framework to eliminate multiple meetings with duplicative members / agendas and drive focus on risk.Led-risk focused discussions with company and P&L leadership, eliminating duplicative meetings, identifying and reporting enterprise-level risks, reducing touch points redundancy, and maintaining program integrity.Improved relationships within P&L leadership, strengthening ERM culture embedding into company operating rhythm.Facilitated “forward-looking” risk sessions, gaining longer view of risk to “look around corners,” bettering preparation for future events.

Chicago, Il, Us

Selected to advance global Enterprise Risk Management (ERM) program to provide more strategic views of risk across organization and embed into day-to-day operations. Existing program focused on short-term compliance and operational risks versus longer-term issues and obstacles to company success.Improved strategic decision-making process by modifying ERM risk assessment process, including executive leadership interviews and scenario discussions focusing on long-term strategic risks.Reduced high level risk exposure by identifying and assessing risks in specific business and facilitating risk mitigation strategy execution to exit business. Improved executive reporting to focus risk reviews and discussions on critical information related to specific impactful risks.

Lisle, Il, Us

Selected to develop and implement companywide ERM program in organization recently emerged from 3-year financial restatement process. SEC, NYSE, and external auditors requested implementation of ERM program to create visibility to risk throughout company and all stakeholders.Developed and implemented company-wide ERM framework and process, obtaining executive leadership buy-in, support, and participation. Facilitated semi-annual top-down risk assessments with executive leadership, reporting results to Audit Committee and Executive Council.Streamlined ERM process by embedding within businesses, facilitating risk assessments, mitigation development, and result reporting.

Lisle, Il, Us

Recruited to streamline truck loan receivable collection, repossession, and off-lease processing. Challenged by limited resources and budget, within organization utilizing paper-based manual processes with limited management oversight. Re-engineered repossession and off-lease process, reducing time to sale, resolving SOX valuation control deficiency, increasing repossessed truck sale prices, reducing losses and repo inventory from $30M to under $1M.Recovered over $1M in terms and conditions fees by utilizing online inspection reports and implementing consistent billing process.Generated annual fee revenue in excess of $100K by developing customer pay by phone system utilizing internal resources with no additional costs.

Lisle, Il, Us

Hired to gain process efficiencies, improve controls and accuracy, and reduce costs in corporate processing center during industry downturn.Right-sized center effectively overseeing 50 professionals in funding, cash application, title and insurance processing, accounting, reporting, and reconciliation of $4B in managed assets with annual volumes in excess of $1B.Revised booking and funding processes, reducing costs 10%, increasing accuracy 90%, and boosting productivity 45%, while increasing volume and customer service levels. Implemented new billing statement format and initiated bulk mail handling, improving efficiencies and reducing mail costs 15%.

London, Gb

Selected to provide effective consulting services to manufacturing, consumer products and financial services clients within an internal audit, risk management and process improvement framework. Managed a project that identified in excess of $50 million in process improvements, cost reduction and efficiency gains at a major credit card operation.Directed a process improvement project at the international shared service center for a major consumer products company. Recommended improvements in the new hire process helped reduce employee turnover by 50%.Supervised report preparation and presented results to Client Executive Leadership. Managed the client relationship, process review and analysis, best practice development as well as the teams, scope and program development. Clients included Harley-Davidson, Whirlpool Corporation, McDonald’s, Sears Credit Card, CNA Insurance, Transamerica Commercial Finance, Bombardier Capital, PNC Bank.

Masters Of Business Administration, Mba

Bachelor Of Arts, Music Teacher Education