I am an accomplished global corporate investment banking and relationship management executive with an extensive history of delivering value-added ideas and stellar results to clients and the bank. I am focused on providing exceptional customer service, resulting in significant and sustained cross-sell revenue across a multitude of banking products. I have a thorough knowledge of banking and financial services, am highly proficient in working with internal and external stakeholders, have strong verbal, written, and interpersonal skills, and am self-driven.
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Managing DirectorBmo Nov 2023 - PresentMinneapolis, Minnesota, United States -
Managing DirectorMufg May 2013 - Sep 2023In August of 2008, became sole manager of all aspects of the Minnesota Corporate Banking Office. Responsibilities include:• Account Management - Continually work to broaden and deepen the bank’s relationship with existing clients and selected prospective customers, including coordinating the financing needs of customer’s foreign subsidiaries through the bank’s branch network.• Business Development - Oversee activities associated with a defined portfolio of 25 to 35 account relationships and prospects with the primary purpose of generating profitable revenue opportunities with such clients to achieve the goals and objectives of the Bank and the Branch.• Cross Selling - Position the bank competitively and work closely with MUFG product team members handling capital markets activities, foreign exchange, currency and interest rate hedging, M&A, leasing, securitization, supply chain finance, project finance, trade finance, cash management activities, and investment-related services including pension, corporate trust and custody services.• Budgeting - Responsible for projecting and meeting revenue and profitability targets for the branch.• Credit and Portfolio Maintenance Activities – Work with the portfolio management group to facilitate the credit process for the clients. Prepare and summarize key relationship and profitability considerations.• Strategic Projects - Participate in various initiatives or projects as required by senior management.• Compliance - Business Line Security Officer for the Minnesota Office, including managing the MN state audit every two years.• Promoted to Managing Director in May of 2013. -
DirectorMufg Feb 2011 - May 2013 -
Vice President & Relationship ManagerMufg Aug 2002 - Feb 2011 -
Senior Treasury AnalystNrg Energy Nov 2001 - Aug 2002Worked with Credit Manager and Treasurer in supporting NRG Power Marketing, Inc. (the Company’s commodity trading arm) by establishing, maintaining, and monitoring credit with counterparties in energy related markets. -
Equity Research AnalystPiper Jaffray Apr 1998 - Oct 2001Worked with Senior Equity Analyst in coverage of the Optical and Electronic Manufacturing Technologies industry. • Helped to build universe from the ground up, co-authoring industry and company specific research reports as well as publishing financial forecasts.• Initiated coverage on thirteen companies within the first eleven months, along with the first ever Wall Street report on Optics Manufacturing and Capital Equipment.Equity Research Analyst, Consumer / Equity Research Associate, ConsumerWorked with Senior Equity Analyst in coverage of the restaurant industry. Jointly authored thematic and company specific research reports and published financial forecasts. Worked closely with investment banking, institutional sales, and trading.• Our team earned the prestigious Wall Street Journal’s #1 ranking in earnings accuracy.• Promoted to Research Analyst from Research Associate after first six months on the job. -
Analyst/Senior Analyst, Investment Banking - Public FinancePiper Jaffray Jun 1996 - Mar 1998• Performed complex quantitative and qualitative analysis for a broad range of investment banking activities across multiple sectors, including Education, Healthcare, and State and Local Government.• Performed extensive financial modeling, participated in the due diligence of the issuer, conducted detailed industry research and assisted with presentations to management.
Scott Ackerman Education Details
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Economics, International Business
Frequently Asked Questions about Scott Ackerman
What company does Scott Ackerman work for?
Scott Ackerman works for Bmo
What is Scott Ackerman's role at the current company?
Scott Ackerman's current role is Managing Director at BMO.
What schools did Scott Ackerman attend?
Scott Ackerman attended University Of Minnesota - Carlson School Of Management, University Of St. Thomas.
Who are Scott Ackerman's colleagues?
Scott Ackerman's colleagues are Amritraj (Amrit) Pankajakshan Nair, Surabhi Jhingan, Makayla Zimmermann, Matthew Luk, Lewis Marshak, Nadia Knircha, Bindu Patel.
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