Michael Raggi Email and Phone Number
new york, new york, united states
Michael Raggi's Location
Ledgewood, New Jersey, United States, United States
Michael Raggi's Contact Details
Michael Raggi work email
- Valid
- Valid
- Valid
Michael Raggi personal email
n/a
About Michael Raggi
I am a talented finance professional who understands the importance of being a true business finance partner to Business Leaders. Skilled communicator able to build strong working relationships and develop credibility in order to influence others. Enterprise-minded with strong business understanding. Demonstrated track record of providing robust analysis to senior management to facilitate decision making in fast-paced environments. Known for deep dives in sales, expense and pricing analytics to expose risks and opportunities within the business.
Michael Raggi Work Experience Details
-
DirectorThe Depository Trust & Clearing Corporation (Dtcc) Jan 2022 - PresentJersey City, New Jersey, United StatesCost Optimization Lead responsible for closely coordinating with Product Managers and Service Owners across the IT enterprise, to help them understand, and proactively respond to business drivers and cost levers, in order to optimize the total cost of IT services. Key components of my role include helping Product Managers and Service owners understand both their direct and indirect service costs, and being able to effectively translate a financial P&L into something an IT professional can easily understand and react to. Support the understanding of how business demands, and changes to service volumes, impact the total cost of delivery for a service offering. -
DirectorMufg Jun 2021 - Jan 2022Jersey City, New Jersey, United StatesFinancial management professional responsible for the development and roll-out of the allocation process and the associated service catalog for the Technology and Operations organizations (~$1.4 billion in annual spend).• Developed the overall process to support an enhanced chargeback reporting tool to provide transparency into the monthly charges and improve communication between the business and the OTA (combined IT and Operations) organization, which supports the Americas Region within MUFG.• Integrated the enhanced chargeback process with the overall management reporting and transfer pricing processes.• Responsible for monitoring all IT and Operations Rewire initiatives, a portfolio of expense savings ideas with a run rate of over $100M in savings. -
It, Planning & Strategy, Vice PresidentMufg Aug 2018 - Jun 2021
-
Vice President Financial Planning AnalysisPrudential Financial Aug 2014 - Feb 2018Roseland, NjFinancial management professional accountable for strategic planning, budgeting, and forecasting, monthly and quarterly management reporting and analysis and overall expense management for the Group Insurance business. Managed, developed and empowered a team of 15 professionals. • Provided financial and strategic support for Group Insurance leadership team including sales, pricing and other business analytics resulting in AOI growth of 40% over 3 years.• Led a group of expense champions from across all functional and operations areas to develop expense savings ideas which resulted in ~$50m in cost reductions for the Group Insurance business in order to support more competitive product pricing in the marketplace.• Developed Cost-Benefit Analysis process, with improved governance, which provided transparency into the true financial benefits from customer acquisition, retention, and cost efficiency initiatives. Process included identifying the key metrics for each project, reporting against those metrics, and linking with the multi-year plan. -
Vice President Financial Planning AnalysisPrudential Financial Sep 2012 - Aug 2014Newark, NjFinancial management professional accountable for a major Business Transformation project including the comprehensive reporting, planning, and forecasting. Managed, developed and empowered a team of 3 professionals.• Modeled and produced the associated analysis for seven Enterprise level business cases (financial models) in collaboration and coordination across the 5 Prudential U.S Business resulting in ~$200m in expense savings. • Implemented a well-governed reporting process for the Enterprise business cases noted in the bullet above which helped to ensure the initiatives stayed on track and any deviations from the original businesses cases were understood by the key leaders at Prudential.
-
Vice President Financial Planning AnalysisPrudential Financial Jan 2005 - Sep 2012Newark, NjFinancial management professional accountable for planning, budgeting, and forecasting, monthly and quarterly management reporting and analysis and overall expense management for all Corporate Center areas (IT, Legal, Compliance, Human Resources, Finance, and Marketing). Total of over $1.5 billion of annual expense. Managed, developed and empowered a team of 15 professionals.• Reduced enterprise expenses by $100M by developing and implementing an enhanced Corporate Budget Review process that increased expense awareness and governance along with budget transparency on expense drivers and associated headcount. • Developed reporting for Corporate charges via an enhanced chargeback reporting tool which provided transparency into the monthly charges, improved communication between the business and corporate areas and led to a reduction in errors in the chargeback process.• Led a strategic assessment of, and transformed, Corporate Mgmt. Reporting through a combination of operating model, organizational and technology changes, and continuous improvement to reduce costs by $1 million or 25% and provide more enhanced analytics.
-
Director Financial Planning And AnalysisPrudential Financial Jan 2002 - Jan 2005Newark, NjFinancial management professional accountable for planning, budgeting, and forecasting, monthly and quarterly management reporting and analysis and overall expense management for IT and Finance. Total of over $0.8 billion of annual expense. Managed, developed and empowered a team of 8-10 professionals• Business partner for all key leaders in IT and Finance. Delivered high quality, timely, value-add analysis to help understand business performance and inform and drive strategic decision making.• Redesigned and automated management reporting leveraging Oracle & Essbase reporting tools to accelerated delivery of reporting by 2 days.• Presented and reviewed all IT and Finance allocated costs and associated drivers annually to the Business Group leaders to ensure cost transparency.
-
Manager Of Financial Planning And AnalysisPrudential Financial Apr 1999 - Jan 2002Newark, NjFinancial management professional accountable for planning, budgeting, and forecasting along monthly and quarterly management reporting and analysis for Demutualization initiative.
Michael Raggi Skills
Financial Analysis
Financial Reporting
Finance
Budgeting
Strategic Planning
Expense Management
Forecasting
Business Process Improvement
Business Case Development
Financial Modeling
Leadership
Allocations
Business Partner Support
Communication
Project Management
Talent Management
Analytical Skills
Financial Planning
Strategy
Corporate Finance
Analytics
Microsoft Excel
Microsoft Powerpoint
Oracle Applications
Microsoft Word
Microsoft Access
Management
Change Management
Mergers And Acquisitions
Business Analysis
Tableau
Accounting
Michael Raggi Education Details
-
Finance, General -
Accounting
Frequently Asked Questions about Michael Raggi
What company does Michael Raggi work for?
Michael Raggi works for The Depository Trust & Clearing Corporation (Dtcc)
What is Michael Raggi's role at the current company?
Michael Raggi's current role is Cost Optimization Lead at DTCC.
What is Michael Raggi's email address?
Michael Raggi's email address is mr****@****mufg.jp
What schools did Michael Raggi attend?
Michael Raggi attended Seton Hall University, Penn State University.
What skills is Michael Raggi known for?
Michael Raggi has skills like Financial Analysis, Financial Reporting, Finance, Budgeting, Strategic Planning, Expense Management, Forecasting, Business Process Improvement, Business Case Development, Financial Modeling, Leadership, Allocations.
Who are Michael Raggi's colleagues?
Michael Raggi's colleagues are Vasundra Rajagopalan, Steven Todorow, Jessie Liu, Jon Herd, Sri Movva, Letitia Jackson-King, Sean Bollers.
Not the Michael Raggi you were looking for?
-
Michael Raggi
Willow Grove, Pa -
Michael Raggi
Retired Dcis Special Agent And Police Investigator, Contract /Special Investigator At Various Us Govt. Contractors And AgenciesMurrells Inlet, Sc2ag.ny.gov, tmprotection.com -
1aol.com -
Michael August Raggi
Washington Dc-Baltimore Area4gmail.com, gmail.com, gmail.com, proofpoint.com
Free Chrome Extension
Find emails, phones & company data instantly
Find verified emails from LinkedIn profiles
Get direct phone numbers & mobile contacts
Access company data & employee information
Works directly on LinkedIn - no copy/paste needed
Download 750 million emails and 100 million phone numbers
Access emails and phone numbers of over 750 million business users. Instantly download verified profiles using 20+ filters, including location, job title, company, function, and industry.
Start your free trial