Richard Schneider Email and Phone Number

Responsible for overseeing all Corporate Treasury operations and functions while also playing an integral role in corporate strategic financial initiatives. Developed new cash forecasting and analysis models for executive dashboards. Manage relationships with cash management institutions and corporate credit with all financial partners for all lines of business, and provide monthly financial updates to external stakeholders. Develop financial forecasting models for various lines of business and help lines of business achieve growth targets. Worked closely with Accounts Receivable department and Implemented new AR reporting for executive oversight and monitored client performance. Prepared and managed reporting for board of directors reports.

Responsible for corporate credit compliance, and analyzing, forecasting and measuring credit and covenant performance. Also responsible for managing relationships with financial institutions. Work with collectors in the Accounts Receivable department to identify problem accounts that require immediate escalation.Collaborate with our sales and Client Service departments in regards to the credit approval process and the periodic review of existing customers. Support sales team through monitoring and establishing of credit terms for new clients while minimizing losses due to bad debt.Developed, implemented, enhance and manage a credit risk model, used to analyze risk and set credit terms for new clients.Assisted our ACA/EP Cares department with financial analysis and establishing new process efficiencies for the department.Developed new underwriting procedures, enhanced the reporting and accounting, and prepared financial forecasts for the EP Financial Solutions division, specializing in film tax credit financing.Provide additional analytical support for the Finance department in the areas of Treasury, Corporate Finance, and Risk Analysis.

• Responsibilities include managing, negotiating and underwriting commercial lending facilities for various small-to-middle market companies throughout the Western Region. • Facilities range from $250M revolving credit facilities up to $27.5MM senior secured ABL facilities. • Services include non-borrowing factoring, factoring with advances, inventory financing, letters of credit financing, asset based lending, collections support, term loans, and receivables management. • Industry expertise is in Consumer Products including but not limited to Apparel, Textiles, Footwear & Accessories, Sporting Goods and Technology.• Coordinated and spearheaded compliance initiatives in Western Region; includes monitoring and testing of corporate and BSA/AML compliance policies & procedures as well as regional point-person for compliance initiative requests.

• Responsible for underwriting and managing lending facilities for a regional portfolio of various small businesses, middle market companies, and large corporations. • Commercial lending facilities include asset based lending, factoring, factoring with advances, inventory financing, letters of credit, and syndicated credit facilities.

• Responsible for assisting in underwriting and due diligence for periodic and annual reviews and managing daily client tracking and reports. • Assist A/Es and management team with several ad hoc projects, compliance related initiatives as CIT transitioned into a bank holding company, and participated in loan review meetings.

• 18-month program through four different departments within the Trade Finance division of CIT Group / Commercial Services, Inc, including Field Examination, Customer Credit, New Business, and Portfolio Management. • Performed field examinations and prepared field examination reports.• Checked and verified credit approvals on customer bases for prospective clients.• Generated and analyzed financial statement spreads, projected client positions, and updated client reports and client files for account executives.

Guthy|Renker is one of the largest and most respected direct marketing companies in the world, with distribution in 68 countries. Since 1988, Guthy|Renker has discovered and developed dozens of well-loved, high quality consumer products in the beauty, skincare, entertainment and wellness categories. Known for moving, award-winning productions and marketing campaigns featuring some of today’s biggest stars, Guthy|Renker has been credited with transforming the broadcast direct marketing industry.• Specialized in formation, organization and analysis of statistical data related to back-end direct marketing for infomercials of a wide range of consumer products.• Facilitated month-end and back-end analyses, and participated in multiple product development and design meetings.• Created a historical data spreadsheet which provided imperative information on success rates of previously aired tests to use for analysis on future back-end marketing initiatives.• Generated a back-to-school promotional email blast for a product which had a record 1.9% click rate.• Responsible for updating the script logs and analyzing numerous tests aired during peak seasons.