Matt Strout Email & Phone Number

Riverton, UT, US

Oversee the Deposit Product Management function for the enterprise. Define the strategic direction of the product portfolio by overseeing the product roadmap, leading product design, managing operational and risk initiatives, and monitoring the financial performance of the deposit products. Lead a team of product managers and analysts.

Greater Salt Lake City Area

Lead the development and execution of the bank's strategy for supporting its small business customers.

Greater Salt Lake City Area

Managed the strategy, design, and financial performance of the banks small business lending products (lines of credit, equipment loans, real estate, SBA). Implemented a new risk based pricing solution, standardized product constructs, and led the launch of a new digital application for small business loans.

Greater Salt Lake City Area

Managed the strategy, design, and financial performance of the banks consumer deposits products (checking, savings, money market, CD, IRA). Launched new suite of products to the banks six retail divisions.

Charlotte, North Carolina Area

Supported the launch of an operational excellence program focused on process improvement and operational risk management for the Consumer Bank.

Charlotte, North Carolina Area

Developed and implemented strategies to improve the banks customer service through social media channels like Facebook and Twitter. Oversaw the re-design of the end-to-end customer handling process for the Social Media department. Led the upgrade of the departments Salesforce Service Cloud technology.

Charlotte, North Carolina Area

Managed project milestones, contingency plans, and executive updates for a key strategic project associated with the transfer of 1.8MM home loans to new servicers for the banks Mortgage Operations Division.Managed a $32MM consulting portfolio for the Mortgage Operations Division and executed a strategy for reducing labor spend which resulted in $9MM annual.

Greater St. Louis Area

Negotiated and executed the terms, conditions, and pricing of seven contracts with a combined annual value of $5.6 million and achieved 8% annual savings for assigned category. Managed RFP's, evaluated proposals, led cross-functional discussions regarding supplier selection, and negotiated contract terms.

Greater Salt Lake City Area

Oversaw the day-to-day operations of the Account Analysis, Account Recon / Positive Pay, and IRS Tax Reporting departments with a total budget of $1.8 million per year. Managed a team of 14 employees. Led initiatives to streamline processes, reduce risk, improve service, and reduce cost for the departments I managed.

Huntington Beach, CA

Negotiated contracts up to $250,000 in value and executed RFI, RFQ, and RFP’s. Persuaded supply base to adopt a new system during Boeing’s launch of its e-procurement initiative. Assisted senior management with supplier improvement action plans.

Graduate Degree, Banking, Honors, Paper Citation

Mba

Activities and Societies: Teaching Assistantship - Advanced Managerial Finance, President - Graduate Supply Chain Management Association.

Bachelor Of Science (Bs), Operations And Supply Chain Management