Steven Berman Email & Phone Number

New York, New York, Us

New York, New York, Us

Charlotte, Nc, Us

Loan IQ Technology group responsible for Application Configuration relating to system conversions, the integration of new Misys Loan IQ modules, and the in house developed functionality. • Gather User Requirements and Business Requirements from Business User Group and prepare the Business Requirement Documents (BRD).• Create High Level and Low Level design documents• Evaluate and test new vendor releases/ update for configuration compatibility with production• Manage application configuration changes from development through Lower Level Environments testing and into Production• Create scripts for SIT, Regression and User Acceptance Testing (HP Quality Center)• Integrate Loan IQ data into the downstream sub ledger and General Ledger systems on the controlling side• Provide Production and Defect support for functionality related issue resolution• Create Translation Tables and Data mapping for the conversions from ACBS and AFS to Loan IQ• Use SQL to analyze Oracle databases and API mapping• Mentor and train new users on Loan IQ Application Configuration

New York City, New York, Us

Engaged to remedy the accounting side of Loan IQ and correct the flow of data to downstream systems CaPRI, and PeopleSoft. Additionally performed Daily/ Month-end inventory and P&L adjustments for the High Yield and Leveraged Credit groups.• Analyze, reconfigure and propose new Loan IQ hierarchy to fit the organizational hierarchy.• Configure GL Account, GL Short Name, Account mapping, Cash Account and WIP account with new accounts. • Analyze and create new accounts in PeopleSoft (GL Application)• Responsible for the production of the Leveraged Credit (non USD bonds & equities) daily PnL, includes reconciling front and back office systems for daily PnL and interest amounts, researching breaks with front office and or operations then posting adjustments to the daily reporting system • Responsible for the Leveraged Credit (non USD bonds & equities) month end close process, reconciliation of the reported PnL amounts to the PeopleSoft ledger, inter-company account reconciliation as well as recording of various accruals to the ledger

Us

Chosen to lead the implementation of a new functional unit in the Americas tasked with improving relationship returns in the loan origination process; focused on Return on Risk and Return on Equity. Led the pro-active management of industry, client, and geographic concentration risk of a €16 billion global lending portfolio. • Achieved a better representation of ROR and ROE by introducing the analysis of loan dynamics and improving data integrity. • Successfully developed a strategy to tie-into the loan origination process, Treasury funding and credit. • Proposed and implemented a “Short Fall Pool” to track and monitor new loans not meeting minimum required returns. • Created a dashboard to assess the strength of proposed deals against industry benchmarks and current portfolio. • Developed a new tool to capture a company’s 6 year returns: back looking 3 years and forward looking 3 years.

Us

Responsible for developing a portfolio management group, tasked with achieving aggressive diversification and risk targets. Built the platform for success in a shifting business environment. Assumed ownership of all originated loans and integrated them with secondary market purchased products; actively managed non-core portfolios. (All segments except Energy, Oil & Gas, and Infrastructure.). Appointed voting member of the New Deal Committee and Credit Committee.• Secured a ratings increase from B+/B1 by proposing and implementing an investment strategy for Leverage Loan portfolio. • Instrumental in improving portfolio diversification through secondary market purchase. • Introduced and developed a platform to evaluate and monitor the risk in the underlying transactions of a structured financial transaction. Resulted in 30% time savings by analyzing loans on an aggregated level.

Us

Managed a team of four people who serves as the business liaison between key Investments areas, senior leadership, Finance, Operations, and IT development and support teams. Assumed progressive responsibilities as Operational Risk Coordinator for the Americas. Consulted with top executives to provide thought leadership and strategies to improve operations and leverage technology.• Conduct ad hoc research and analysis for department heads to ensure that the best corporate decisions are made in order to achieve operational and financial objectives. • Decentralized Operational Risk Manager for Credits America.• Analyze America’s loan portfolio for Basil II capital requirements related operational models/tools to identify and document risk and help Business Heads minimize exposure. • Managed cross-departmental relationships, including the Treasury Department, to identify, strategize and implement the use of an emerging tool for active portfolio management.

Us

Originally hired to assist with the implementation of LoanIQ, a new loan processing application, which included a migration from the legacy system. As Business Unit Controller had responsibility for supporting bottom line results through eliminating control weaknesses, enhancing cost control, process efficiency and monitoring to overall profitability of Credit business in the Americas consisting of 80 people and offices is four different Countries. • Successfully completed the data transfer of the $90 billion portfolio.• As a member of the ALCO, played a key role in the launch of the Discount Borrowing Window program. • Saved 3 days per credit analysis, by implementing data workflow system in the Credit Department.• Analyzed and reported daily P&L / Balance Sheet and daily/weekly/monthly commentary. • Managed cross-departmental relationships and internal clients, including the Origination, Treasury Department, Financial Reporting, Market Risk, Compliance, Legal, Tax, Operations, and senior management.• Prepared monthly P/L forecasts, actual vs. budget expense variance review, scenario modeling, gross margin analysis, benchmarking,• Concurrently, assumed Project Manager role to create a digital library to retain all legal documents.

Rose through sales to Head of Finance and Operations for a smaller manufacturer. Drove an organizational turnaround—increasing revenue by 8% and reducing costs by 4%--by finding new and better ways to operate, from design to delivery of final product. Then, recruited to sell the services of an early-stage, web-based global hub for apparel design houses, manufacturers, and retailers. Led strategic reviews of prospective clients’ business models and recommended solutions to increase their operational efficiency. During these early-career experiences, learned how to prototype and experiment in a resource-constrained environment…defining customer needs properly, developing a value proposition, building efficient workflows and assembling collaborative networks across an industry. In the process, strengthened my ability to problem solve and exercise sound business judgment. Leveraged strong leadership and solid management skills, strategic thinking, and business acumen to successfully transition to the financial services sector.