► F.D.I.C. • FEDERAL DEPOSIT INSURANCE CORPORATION • Independent Agency guaranteeing up to $250,000 per Depositor • per Bank • F.D.I.C. Examines and Supervises Financial Institutions for Safety • Soundness • Consumer-Protection functions & Manages Banks in Receiverships ►➣ Receivership and Resolutions Specialist➣ Lead and Subject Matter for Financial processing for National External Servicers➣ Handle all Assets transferred from failed Financial Institutions➣ Technical Monitor for accounting division for multiple servicing contracts➣ Reviewed and set up New Servicers • Reviewed Reporting requirements➣ Implemented automated servicer uploads to Control Total Module (CTM)➣ Coordinated and Reviewed approved conversions from failed bank sites to external servicers➣ Formulated and wrote Internal Operating Procedures and Processes for external servicing area for Internal Training of Staff & Contractors➣ Reviewed Contracts and provided input to Oversight Managers and Contracting Officers • Necessary Changes • Updates • Addendum's for new and existing contracts➣ Reviewed monthly external servicer Reports for correctness and instituted any required changes or corrections➣ Processed Internal Accounting journals for posting of transactions for both Sale Events as well as monthly Processing Transactions➣ Corrected existing problems with prior servicing contracts facilitating a move to Current Servicing Contracts

➤ Contract Work for FDIC ➤➣ Weekly monitoring of Interim Servicing for closed Banks (Funds)➣ Processing of Payments • Adjustments • Related Transactions ➣ Posting of all Transactions on FDIC Control Total Module system via multiple journal entries➣ Recorded • Researched • Cleared Financial variances➣ Gathering of all required information to enable Clearing of outstanding issues➣ Monthly maintenance of National External Servicers➣ Review of Requirements for monthly automated uploads & Setups with Servicers➣ Review & Evaluation of servicer required Reporting➣ Review and Recommendation of servicer generated invoices for Payment approval➣ Review of Contractual Relationship and Recommendations regarding any required Amendments

➣ Performed consulting services for a major video distribution company➣ Reviewed processes for Credit reviews • Releases • Annual reviews • SOX parameters & compliance ➣Change Management for functional institution of Credit and Collection parameters

➤ Global Placement of highly skilled Financial Professionals ➤➣ Reviewed area goals for transition from Dallas Texas credit analysis office to Shared Financial Services Center in Budapest Hungary ➣ Trained new hires from Hungary in credit analysis requirements including use of third party credit history reviews (D&B, Credit Risk Monitor, Tarnal Reports and Equifax)➣ Determined Credit worthiness of Portfolio base➣ Reviewed Sales Contracts for determination of Customer Product Requirements along with Credit Facility necessary to handle Requirements➣ Communication across Departments ensuring Problem Resolution➣ Trained on Financial statement analysis • Financial contract review • Analysis for credit requirements➣ MultiCultural Training on Transfer of Credit functions

➤FOSSIL • LIFE • STYLE • Watches • Handbags • INTERNATIONAL BRAND ➤➣ Managed Credit Collection • Cash Application • Accounts Receivable Operations➣ Domestic and International Manufacturing Accounts➣ Supervised and Implemented System Training of Personnel resulting in reduced DSO➣ Reduced Credit Approval Time from 6 weeks to less than 1 Day➣ Reviewed • Analyzed • Established Credit worthiness of $50M Accounts➣ Reduced losses from 3% to .00018% of Sales while maintaining Growth of 10-15% Annually➣ Released all Orders and Performed Financial Analysis of large Customers➣ Reduced Cash Application period from 20-20 Days to 2-5 days for large complex remittances➣ Provided Compliance deduction backup issues within 30 days from Application date➣ Reduced Returns and Deduction issues by 70% resulting in Savings of over $9M➣ Implemented SOX Requirements to provide Authorizations and Documentations for Legal adherence➣ SAP Subject matter Expert and Trainer

➤ Resolution Trust Corporation (RTC) • temporary Federal agency established in 1989 to oversee the disposal of Assets from failed Savings and Loan (S&L) Institutions ➤➣ Reviewed highly complex Financial transactions including Settlement • Sales of Assets • REO Transactions • Asset Repurchase • Conversion of Data • Contract Breaches • unjust Enrichment issues➣ Maintenance of Information Technologies from various Vendors➣ Reviews of Contractual (RFP's) Requirements for large Financial Institutions for Governmental usage➣ Management of oversight program encompassing seven full service Loan Processing Contracts managing in excess of $5B➣ Monitored all conversion activities involving all 7 Loan Servicers➣ Monitored Management and Disposition of Assets➣ Set Policies for Staff concerning management of Funds➣ Direct oversight management of the single largest Loan Servicing Contract and Data Processing Operation contract➣ Contracted Expenditure Authority of $39M➣ Initiated Expenditure reductions on Contracts and reduced costs in excess of $10M➣ Worked with Office of Inspector General concerning Fraudulent Contract issues➣ Acquired information concerning Contractor excessive and illegal billings ➣ Verified and Audited Accounting system to provide Documentation for Inspector General and Department of Justice➣ Established basis for Department of Justice enforcement actions under False Claims Act & Fraud Injunction Statue➣ Review & Audit of Contractual deliverables to Contractor billings➣ Established Communication channels between Government Agencies • Legal • Contracting • Accounting & Inspector General and Department of Justice➣ Performed extensive and complex Audits of automated Financial systems to establish evidence➣ Coordinated efforts of all relevant agencies to assure timely fact determination and corrective measures taken