Tim Prentice

Tim Prentice Email and Phone Number

Lead Business Execution Consultant @ Wells Fargo
Harrisburg, NC, US
Tim Prentice's Location
Harrisburg, North Carolina, United States, United States
About Tim Prentice

Analytics professional with 13+ years of experience in creative problem solving using a variety of techniques and analytic methods. Combining an advanced business acumen with a passion for efficient solutions to enable effective business decisions, I have successfully lead multiple business transformations.

Tim Prentice's Current Company Details
Wells Fargo

Wells Fargo

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Lead Business Execution Consultant
Harrisburg, NC, US
Website:
wellsfargo.com
Employees:
205138
Tim Prentice Work Experience Details
  • Wells Fargo
    Lead Business Execution Consultant
    Wells Fargo
    Harrisburg, Nc, Us
  • Wells Fargo
    Senior Business Execution Consultant
    Wells Fargo Oct 2020 - Present
    Charlotte, North Carolina, United States
    Champion program management on a billion-dollar, multi-site, ground-up data center construction program. Provide analytical and reporting support to the Data Center Construction (DCC) team. Develop tools and templates to increase efficiency and mitigate risk.• Collaborate with Construction Management Director and Program Manager to develop high quality executive level documents and communications.• Led program governance inclusive of action tracking, key decision making, and risk management.• Designed a Master Schedule tool/report for each of the Critical Facilities (CF) to illustrate the volume and timing of work occurring, inclusive of both project and maintenance work.• Refined the Risk Dimensioning template developed for CF Remediation to apply to all DCC projects.• Developed a budget and forecasting tool to allow for a more consistent approach for the DCC team in tracking project costs and communicating forecasted variances.
  • Jll
    Director - Master Scheduler, Wells Fargo Account
    Jll Apr 2019 - Oct 2020
    Charlotte, North Carolina
    Support the Building Technology End of Life (BTEOL) Program with recurring reporting exercises including milestone, risk, and financial metrics. Supported other aspects of the CMO with report design and process improvement.• Enhanced existing reporting for BTEOL Program by creating visuals to effectively communicate status of program to leadership.• Automated data tracking to allow for a more efficient updating process.• Contributed to the design and development of the Master Risk Analysis Tool for the CF Remediation Project.
  • Jll
    Manager, Space Management
    Jll Sep 2015 - Apr 2019
    Charlotte, North Carolina Area
    I currently lead the Space Management Team for the West, Central, and South regions.During 2016 I led the execution of the systems conversion from the legacy Bank of America Manhattan IWMS system to the JLL FMS CAFM system. This conversion covered the entire BAC real estate portfolio (83+ million square feet) and over 9,000 floor plan drawings and required the reconciliation of several million data points between systems. I guided the dual entry reconciliation to successfully prove our ability to deliver the new system and perform the monthly rent allocation cycles. I also simplified the delivery of the dual entry results to foster more effective conversations and built trust with the BAC Finance and Real Estate Services executives.More recently - I have executed the following:• Designed internal charge back process to allocate monthly real estate costs to BAC lines of business.• Identified several process and technology improvements for the Space Management team to increase efficiencies in the CAFM application.• Developed an algorithm to identify potential data quality issues.• Partnered with other service lines to improve KPI performance.
  • Bank Of America
    Senior Vice President, Group Operations Manager
    Bank Of America Jan 2011 - Aug 2015
    Charlotte, North Carolina Area
    I lead the Space Information Management team at Bank of America, which manages the Manhattan IWMS space management module on a national real estate portfolio of over 85 million SF. My team is 20 strong, and is comprised of 7 BAC employees and 13 contractors from NELSON, JLL, and Gensler. I am responsible for ensuring accurate and consistent real estate allocations to over 10,000 business units each month. I also provide strategic leadership and direction for the Space Information Management Team.Over the past few years, I've been an integral part of the Names in Seats team - an initiative to identify and maintain seat assignments for the bank's 300k + employees and contractors within our legacy CAFM and current IWMS systems. I've worked extensively with our proprietary Electronic Data Occupancy Tracker (eDOT) algorithm and process in an effort to understand space usage and utilization.Recently, I have created several algorithms to enable a more automated way of solving space issues. I created our Self Move Probability Estimator or SIMPLE tool to determine the probability that an employee or contractor moved from one seat to another without following the proper channels. This tool has been tested at an over 80% success rate and is being used in conversations with Executive Level Management to identify employees who are not following processes.I also created an algorithm called Smart Status which utilizes Occupancy and Technology data to determine the probability that a seat is used or not and to the degree by which it is used. This algorithm has been tested at an over 90% success rate in properly identifying seat usage.
  • Bank Of America
    Vp; Business Support Manager Ii
    Bank Of America Oct 2005 - May 2011
    Developed and implemented several analytical models and tools that enabled data-driven business decisions. Worked with senior leadership to design automated scorecard reporting. Created executive level presentations that communicated complex statistical models into easily understandable material. • Lead inventor of the Your Quality Index (YQI) tool (US Patent #8583464), an unbiased, Excel/VBA based, decision making framework enabling decisions based on qualitative as well as quantitative CTQs; primary facilitator for YQI sessions with multiple lines of businesses to develop market location strategies.• Inventor on head count forecasting triangulation tool Excel/VBA. Manage quarterly updates and train partners on interpretation of forecasts. Forecasts are utilized in real estate planning to determine future space needs by both line of business and geography.• Established the Advanced Planning and Analytics Scorecard used to track and measure results of Planning Hoshin Goals. Developed new primary metric to measure real estate efficiency and capacity. • Managed Excel based tracking tool for Corporate Workplace Portfolio Reduction Initiative. Tool was designed to capture future tactics and measure impacts to real estate portfolio in major markets.• Created presentations and conducted analytical research related to operating expense accounts; including trend analysis, stability analysis, and recursive partitioning.• Primary lead for the gathering and submission of Corporate Workplace Occupancy Data for annual Real Estate Executive Board benchmarking initiative, to allow comparison of BAC portfolio performance to industry peers.• Green Belt Certified on Property Insurance Project – identified $4.9mm of savings.
  • Bank Of America
    Senior Operations Analyst
    Bank Of America Jun 2004 - Sep 2005
    Capital Management Team. Supported Fleet merger transition. Created and enhanced team reporting documents.

Tim Prentice Skills

Strategic Planning Management Portfolio Management Mergers And Acquisitions Banking Risk Management Process Improvement Leadership Team Leadership Financial Analysis Vendor Management Business Analysis Program Management Change Management Project Management Business Process Improvement Finance Financial Modeling Six Sigma Analysis

Tim Prentice Education Details

Frequently Asked Questions about Tim Prentice

What company does Tim Prentice work for?

Tim Prentice works for Wells Fargo

What is Tim Prentice's role at the current company?

Tim Prentice's current role is Lead Business Execution Consultant.

What is Tim Prentice's email address?

Tim Prentice's email address is me****@****hoo.com

What is Tim Prentice's direct phone number?

Tim Prentice's direct phone number is +191963*****

What schools did Tim Prentice attend?

Tim Prentice attended Campbell University.

What are some of Tim Prentice's interests?

Tim Prentice has interest in Upper Level Analytics, Golf, Education, Strategic Planning.

What skills is Tim Prentice known for?

Tim Prentice has skills like Strategic Planning, Management, Portfolio Management, Mergers And Acquisitions, Banking, Risk Management, Process Improvement, Leadership, Team Leadership, Financial Analysis, Vendor Management, Business Analysis.

Who are Tim Prentice's colleagues?

Tim Prentice's colleagues are Pankti Patel, Charlene Nhotsavang, Sandeep Phadke, Jennifer Neumann, Pradeep Reddy, Katie Hamilton, Jason Nitsch.

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