Paul Benziger Email & Phone Number

New York, Ny, Us

Greater New York City Area

Implement and upgrade regulatory software at financial institutions. Advise clients on Federal Reserve Bank and other regulatory requirements. Partner with client technology and financial groups to ensure success.• Analyze, translate, and implement new reporting requirements from regulatory authorities. • Advise clients on regulatory rules and other reporting projects. • Manage the development and testing of new products.• Customize client reporting instructions in SQL Server. • Support sales efforts with presentations and RFPs.

Greater New York City Area

Established and implemented financial system strategy for three merged organizations. Prepared presentations for steering committee. Built data analysis and quality roadmap. Provided training for colleagues. Managed business artifacts and test plans. Ensured positive relationships among Paris, IT, Finance, and business partners.Experienced with Peoplesoft, Essbase, Lombard Risk Reg Reporter, Axiom, ACBS, Midas, Summit, PAM, Business Objects, Crystal, Cartesis, Corona, Fundtech, Quantum, SQL, and MS Office. • Developed business requirements and test plans for enterprise-wide technology (PeopleSoft) transformation to replace three GLs under mix of waterfall, agile, and SCRUM. Successful implementation reduced expenses by $1mm and provided for integrated Finance function. • Upgraded loan application and implemented Data Mart (DM) that achieved $2mm syndication revenue target. In addition, DM provided for improved analysis and Ops process improvement.• Implemented FR2052a liquidity requirement within tight deadline. All FRB control checks were passed and fines were avoided. • Devised the business and accounting design to automate P&R and demand deposit applications. This resulted in the elimination of 3 FTE and the introduction of automated client reporting.

Greater New York City Area

Managed accounting policy and accounting procedures in an IFRS, US Regulatory, and French GAAP environment. Directed preparation and presentation of financial statements, budgeting, planning and analysis, forecasting, regulatory, tax, product costing, business analytics attribution, process documentation, and financial systems implementations. Developed an efficient, cooperative, and cross-trained team. Ensured staff mentoring and relationship building among departments.• Shortened monthly close cycle from 12 to 5 business days through the elimination of redundant processes, reports, and the creation of a central data repository. • Created a Hyperion Cube that reduced human error, provided consistency of date, and allowed the re-assignment of 2 FTE from input roles to financial analysis. • Automated regulatory reporting which shorted FFIEC report generation from 15 days to 7, and eliminated 80% of manual adjustments.• Redesigned G/L validation process from a monthly to daily activity without additional staff. • Implemented cash reconciliation tool to produce more timely reconciliation and the resolution of internal audit comments.• Migrated fixed assets from Excel data that eliminated 0.5 FTE and provided enhanced controls. • Maintained a positive relationship with FRB, NYS, Autorité de Contrôle Prudentiel, and external audit examiners and achieved strong audit reports. • Introduced a cross training program for Finance that increased staff growth and provided enhanced coverage of responsibilities.

Greater New York City Area

Managed finance support for Financial Institution clients. Administered customer profitability application. Ensured a fair and visible expense allocation and charge-back methodology.• Implemented Executive Viewer BI client reporting application in 40 countries that eliminated paper reports and their mail delivery time.

New York, London

Directed planning, regulatory and tax reporting, financial statement preparation, product costing, risk analysis, business partner attribution, compliance, accounting policy, deal pricing, and financial systems implementations. Controlled financial and operational units. Recognized with bank's maximum financial award within "Ideas in Action" program.• Managed financial and regulatory aspects of conversion of Edge Act subsidiary into a branch of parent bank eliminating collateral costs of $3 million annually• Devised and implemented a strategy to transfer deposits to an IBF resulting in an annual tax savings of over $1.5 million• Developed policy for and executed structured finance transactions utilizing $2 million in foreign tax credits• Implemented Risk Adjusted Capital reporting for global products that resulted in a 30% increase in Risk Adjusted Return on Capital (RAROC) returns • Directed consolidation of BankAmerica and Security Pacific international operations• Coordinated a nationwide re-engineering of the planning and budgeting function that reduced staff 20%• Negotiated with tax auditors to achieve significant reduction in income taxes• Instituted a compensating balance arrangement with the FRB reducing operating expenses by $300,000 annually• Introduced pricing policy for check products that produced additional revenue of $200,000 annually

New York

Supervised preparation of subsidiary, branch and consolidated financials. Managed multi-shift operation responsible for daily proof and night processing, data entry of Fedwire transactions, CHIPS reconciliation, and delivery of customer statements. Completed Management Training and Development program.

Doctor Of Law - Jd

Activities and Societies: Student Bar Association Vice President - Evening

Master Of Science - Ms, Information Technology

Mba, Finance