Richard W. Chen Email & Phone Number

Honolulu, Hi, Us

Honolulu, Hi, Us

Elemental is a nonprofit investor in climate technologies with deep community impact that brings more than a decade of experience across the climate sector, with an active and maturing portfolio of 150+ companies.

Charlotte, Nc, Us

Manage strategic planning and execution for portfolio of programs to enhance data, analytics, reporting via Climate Risk Data Platform, building Authorized Data Source for Enterprise Climate Data, models, disclosures including TCFD (Task Force on Climate-Related Financial Disclosures), while also building Risk Committee Portal for management and preparation of Bank of America Board and Management Committees meetings materials, and Global Regulatory Relations Portal for management of Bank's interactions, inquires, exams, issues with Global RegulatorsPartner with ESG, Global Risk Analytics, Risk Data Management and LOBs in executing Enterprise Climate Strategy and multi-year plan to source and aggregate Climate risk data to enhance Credit Risk underwriting, Regulatory Disclosures (TCFD), Stress TestsManage technology portfolio and SAFe Agile scrum masters coordinating teams enabling BofA as 1 of 6 participants in Federal Reserve Board pilot climate scenario analysis exercise to enhance the ability of supervisors and firms to measure and manage climate-related financial risksManage technology program for BofA Climate Risk data platform that sources 3rd party assets from vendors including MSCI, S&P, Jupiter Intelligence, FEMA, enabling Climate Risk calculations, target setting for BofA Net Zero strategy and client emissions assessments

Charlotte, Nc, Us

Manage strategic planning and execution for Chief Risk Office portfolio of programs to deliver technology products and services. Manage team of agile scrum masters and project managers scaling 17 Agile teams of 250+ tech resources, partnering cross-functionally with Risk and Product Management Executives to drive Agile technology initiatives deployments that enhance Bank Risk Management and transform how internal customers perform their daily operations to mitigate and predict risks.Manage 3-year initiative planning process with Business, Technology and Finance partners to prioritize $100M+ of tech investments for Global Regulatory Relations, Climate Risk, Corporate Compliance, Operational Risk, Privacy Technology. CFO Software Capitalization Lead, Manage $28M financial planning & analysis for expense / FTE.Scale & coach growing Agile teams in delivering new system for 9,000 Operational Risk users, digitizing ecosystem to manage performance of 4,000 firm wide operations processes; Achieved Regulatory Compliance, Data Management, QA milestonesLaunched 1st Climate & Environment Risk data platform to enrich data sources for modeling Climate regulation risk. Enabled 5,000 Legal, Compliance users improved tools to investigate laws, rules, regulations improving Audit Risk Assessments by 25%. Launched new Global Regulatory Relations Portal, and completed vendor tool assessment piloting use of Optical Character Recognition, Search, Data Science, Machine Learning / AI to implement process automation & predict future inquiry trends leveraging past regulatory interactions / data

Charlotte, Nc, Us

BofA Code Challenge - Global Winner (out of 125 teams) worldwideDAO member, Researched and Implemented Machine Learning & Data Analytics models for Global Financial Crimes division as part Anti Money Laundering efforts to create rule based efficiencies to reduce manual effort and errors associated with investigations team human monitoring

Charlotte, Nc, Us

Judge and Mentor, 2019 BofA CodeWeek Innovation Event

Charlotte, Nc, Us

Recruited to build $116M financial governance and oversight as partner to CIOs, Managing Directors & teams for financial planning of 750+ headcount. Developed tools to improve spend monitoring and enhanced analysis models for managing financial performance, forecasts, workforce planning, capacity management, strategic priorities for Risk and Finance technology initiatives.Led achievement of 1% variance target in <1 year by establishing monthly operational processes, enhanced transparency in monitoring performance, scaled adoption of financial models from 150 to 750 FTE, analyzing workforce planning & growth risksElected to lead Finance & Risk org. Operational Excellence assessment improving portfolio financial management & initiative planning processes for $470M, 2,100 employees. Collaborated across LOBs / functions to redesign investment allocation process as Operational Excellence lead advocating funding of Agile Value Streams (Release Train model)Enhanced transparency of financial $s, FTE forecasts via Tableau reporting to facilitate Tech SLT identification of drivers and risks/opportunities. Created governance process to monitor Agile transformation & Enterprise change standards adherence with Data Management, QA

Charlotte, Nc, Us

Built and developed team that managed planning and execution for Markets, Regulatory & Financial reporting programs, saving $20M/yr. Led 11 business/data analysts in scaling Capital Markets data processes for delivering continuous improvements to Market Risk Models, Scenarios, CalculationsProject Manager & PMO managing Engineering, Architecture, Data Domain teams to deliver Authorized Data Source (ADS) for all General Ledger P&L Reconciliations and Market Risk. Scaled volume growth 400%, certifying platform to Accounting, Data Management policies rigor. Delivered risk & financial data to regulatory reporting & financial functions though APIs & new strategic UI deployed (ReactJS, Redux, ag-Grid, NginX and Tableau). Led initiatives that delivered new Bank capabilities to monitor performance in stressed market scenarios, strengthening analysis, reporting, visualization tools for business insights, risks / opportunity. Resolved 8 Market Risk Audit issues, improving data qualityLed planning and execution for $45M program to scale adoption of data platform to 65 new system customers, replacing complex systematic models and logic. Partnered with 30+ engineers to deliver new controls, daily monitoring of stability, SLA’s, data quality, implementing enhancements through Agile and Waterfall SDLC methodology, managing technical team scrum routines.Project scopes covered FICC & Equities, partnering with cross functional users: traders, capital, finance, credit, liquidity, market risk, and product control. Delivered projects span: Volcker Rule - Dodd Frank Act, BCBS 239, Uncleared Margin Requirement for OTC Derivatives, FVA, Data Lineage & Governance, Oracle Exadata DBaaS strategic cloud migration managing 47 work streams consuming data from 180 APIs off of Netezza & Actian Matrix.

DAO / Project team lead partnering with 8 developers and R3 Corda to pursue design and pilot application of enterprise blockchain platform to Global Stock Loan business use cases. Team leader and presenter to Bank of America Executives at CodeWeek Innovation Fair Finals, demonstrating disruptive potential, speed and data quality. Idea short-listed and presented thereafter for $1M funding request. DAO / Project team lead working with 7 developers to explore use cases for application of R3 enterprise blockchain platform as Distributed Ledger - Americas Wildfire Team Lead. Partnered with R3 Architecture and Business Development teams pre and post R3 Corda Blockchain Hackathon to explore R3 technology and potential applications deeper for Financial Services use cases.

Expansive exposure to start-ups and ecosystems in cities including: Silicon Valley, Berlin, Shanghai, Beijing, New York, Singapore, London, Hong Kong with focus on P2P marketplaces, gaming, digital goods, eCommerce, Fintech, Blockchain, Data Science, Machine Learning & Analytics

Starting as Deputy General Manager, I was promoted 3x to General Manager, China President , then Asia Managing Director. As Board Member, I led scaling of China & Hong Kong operations to expand from 2 to 9 countries, growing sales across 500 distribution channels to $25M. Scaled managing team of 20 to 65 leading regional business units to transform structure, culture. Restructured teams for China and South Asia business and led transformation towards customer focused, online & digital strategy underpin by data-driven decision making. Led delivering 20% sales growth by building Asia partnerships & Ecommerce, and 18% operating expense improvements through eliminating duplicate processes. Chief Financial Oversight for region, owned financial plan/forecast, upgraded Sales teams Planning & Analysis tools, implemented new KPIs to improve financial and strategic goal alignment. Managed all Organization functions (Sales, Marketing, HR, Accounting, Purchasing, Audit, Operations, Customer Service)

Osaka, Osaka, Jp

ONKYO (JASDAQ Listed: 6628) is a consumer electronics co. with USD $500M in global revenuesStrategic advisor to HQ Board on Joint Venture and M&A activity: financial evaluation, team / deal structure, integration and growth strategy. Led enterprise transformation programs with internal/external partners to drive innovation, design thinking, alignment across regions globallyManaged International business relations with Executive partners from China, Singapore, Taiwan, Malaysia, South Korea, Japan. Led strategic assessment of partnerships & investments involving: Gibson Guitar Corp, Will.i.am JV, TEAC, Sharp, ManufacturersAdvised MTM on strategy and opportunities for investment allocation towards trends in Digital, Mobile, Internet of Things. Oversaw implementation, roll-out and on-boarding of new systems: SAP, Salesforce Business One, and Halogen Performance Management

New York, Ny, Us

Managed merger integration programs for Global Markets Finance Operations, Risk Quants in $50B acquisition to address US Regulatory mandates, deliver tech platform consolidations for Sales & Trading, Enterprise Risk. Led planning, execution to scale systems adoption and created processes that enhanced rigor, reviews, controls - improving bank financial performance, mitigated operational & financial risk by unauthorized trading activity – e.g. €4.9B loss at Société GénéraleRisk Program & Project Manager, Enterprise Credit & Counterparty Risk-Implemented governance process, data for Quantitative Risk, Legal, Audit, Liquidity, Collateral partners to review, approve new Traded Markets products, putting in place safeguards as business scaled for calculating risk coverage to mitigate trading lossesMiddle Office Finance Operations – Project Manager & Business Analyst, Capital Markets- Deployed financial control system on-time to meet US regulations, ensuring Bank’s $45B TARP payment. Scaled 4,000 users on- board, enabling P&L monitoring of 16K trading books feeding General Ledger, assuring Accounting process data accuracy

Boston, Massachusetts, Us

Hired by CEO of maturing start-up (500% growth, 200 FTE org) to assess and improve IT systems for Finance & Operations. Evaluated NetSuite partnering with CFO, COO, CTO, planning new technology roadmap to address Business priorities and requirements. Led delivery - 1st Gen ERPPartnered across functions to direct team of 5 engineers and business analysts in implementing new systems upgrade following NetSuite evaluation, requirements gathering. Successfully deployed 1st Finance ERP system, interconnecting Sales and Operations

Us

CFO partner to Merger Executives during US$3.3B acquisition of Charles Schwab's US Trust Private Wealth Management, Asset Management, Retirement Solutions and Alternative Investments businesses forming largest US Private BankEstablished performance management culture for 19 teams, led governance process and deployed tracking system for Executives to monitor KPIs, risk metrics monitoring that led achievement of $300M P&L increase by 19 functions in merger integration - growing $900M revenue, optimizing $500M costs covering 2,300 FTEsFinance Controller for General Ledger conversion. Owner of all Financial Reporting and Integrated GL mapping of 10,000 Balance Sheet, Income Statement accounts, Legal Entity hierarchies pre-Legal Day 1. Partnered with Technology and Finance teams to integrate US Trust + BAC Financial systems

Charlotte, Nc, Us

Appointed by CFO to build and lead rotational management program. Set-up and scaled program, directed operations, and grew CFO talent management program. Hired and mentored 20 analysts over 2 yearsPeople Operations management role held concurrently with normal business roles with focus on: Talent Management, Performance Measurement, Team Building, Recruiting

Charlotte, Nc, Us

Led modeling & analysis with CFO, HR Execs in redesigning Sales incentive programs / performance management to align strategic & financial goals.Owned analytics, modeling for $100M compensation plans as partner to US Sales Execs. Developed tools to manage performance, team ROI, increasing organic growth across markets. Deployed new calculator tools to 50 field teams with Tech as Product owner enabling data driven decisions. Owner of management reporting, planning, budgeting, forecasting processes

Charlotte, Nc, Us

$90M Controller, US Sales incentives. Owned performance management for growing Sales team of 2,100, scaling all processes & IT

Charlotte, Nc, Us

Analyst in $47B merger; Oversaw financial management, planning & analysis, headcount tracking for Global Banking FTE. Owned performance tracking models, Deployed business intelligence platform for $5B Global Treasury business reporting on firm-wide KPIs, financial and product performance vs. competitors. Partnered with Sales BFO to launch quarterly industry benchmark financial analysisLed projects for CFO reporting & process redesign, and resource optimization. Managed monthly expense review and commentary, analyzing actuals vs. budget / estimates and variances. Consolidated financial reporting & analysis for Fleet Boston & Bank of America mergerRotational assignment as part of fast track CFO Management Program (FMAP). Promoted to Senior Financial Analyst

Charlotte, Nc, Us

Oversaw management of financial reporting and analysis covering 8 countries in Latin America (Brazil, Mexico, Argentina, Uruguay, Chile, Peru, Panama and Colombia) partnering with local teams regionally from US HQ to produce and monitor P&L and market insights covering all consumer retail banking, wealth management, high net worth and credit card businesses across Latin America. Led financials consolidation for merger assessment reporting & analysis during Bank of America / Fleet Boston Financial $47B merger acquisitionRotational assignment as part of fast track CFO Management Program (FMAP)

London, Gb

Toronto, On, Ca

Boston, Ma, Us

American Tower is the owner and operator of global wireless and broadcast communications infrastructure

Mba, Innovation, Blue Ocean Strategy, Entrepreneurship

Data Science (R, Machine Learning) Via Coursera

Master Of Science, Accounting

Cum Luade, B.S. In Management, Dual Degrees With Honors: Finance, Accounting

Education record