Tim Wegner Email & Phone Number

San Juan Capistrano, CA, US

• ( $4.4 billion Residential Lending Company located in Orange County, CA )
• Responsible for the daily cash management and treasury functions resulting in timely execution of loan funding for the term, bridge and single asset business units.
• Identified loan servicing and general ledger recording and reconciliation process issues and developed a plan to improve accuracy and timeliness of financial reporting.

Los Angeles, California, US

• ( $8.2 billion National Bank headquartered in Orange County, CA )
• Worked closely with Business Unit Senior Management to determine the proper location of all loans in the portfolio, moved all loans to the responsible Business Unit and generated the appropriate journal entries to.
• Determined the requirements for Funds Transfer Pricing and Corporate allocations, developed a plan for implementation and executed final reporting in less than 3 months.
• Developed full year 2014 Financial Statements for 13 Business Units resulting in bottom line results not previously reported to Senior Management with appropriate measures for ROA, ROE & Efficiency Ratios.

Omaha, Nebraska, US

• ( $6.8 billion Federal Savings Bank )
• Financial Planning & Analysis Director for $275 million revenue financial institution with operations in 9 states.
• Manage staff of 4 senior finance professionals focused on the Strategic Business Units of Mortgage Lending, Commercial Banking, Community Association Banking and Wealth Management.
• Analyze the profitability and GAAP accounting treatment of sales and purchase transactions as well as the financial soundness of expanding into new markets and locations.
• Coordinate the annual and 5 year financial plan of the Bank and work with Senior Management to execute the specific initiatives within the plan for all Business Units to meet the Bank’s financial targets.
• Develop, prepare and distribute monthly financial reports to the management team of the business units and executive management of the Bank along with quarterly Board reports.

New York, NY, US

• ( $10+ billion finance and investment company focused on commercial real estate )
• Directed daily and monthly loan accounting for $4.5B-$10.6B commercial loan portfolio in the functional role of Loan Portfolio Controller.
• Closed the loan portfolio within 2 business days and provided monthly income/yield analysis, account reconciliations, financial reporting package and SEC reporting data consistent with US GAAP standards.
• Led the accounting team in converting a $10.6B loan portfolio to an automated daily accounting and servicing system resulting in monthly vs. quarterly GL closings.
• Integrated the ERP systems of GL, servicing, data warehouse and Hyperion Essbase application of Fremont after the acquisition providing accurate and timely financial data for ongoing accounting and reporting.

• ( Purchased by iStar in 2007 / $10 billion Commercial Real Estate Division focused on custom financing for mid-to-large commercial real estate projects )
• Implemented ERP System including Hyperion Essbase application along with data warehouse containing the critical loan & financial data used for planning, forecasting, reporting and analysis.
• Introduced a pricing model that projected loan level returns with comparisons to established benchmarks which led to incentive calculations and payouts tied to each individual loan.
• Enhanced the portfolio reporting which focused on trends and concentrations within the portfolio while analyzing this data to forecast portfolio growth.
• Started regional office profit reporting with full expense allocations and a funds transfer system tied to each loan within the portfolio.

Santa Ana, CA, US

• ( $3 billion trust and investment management company )
• Served as Chairman of the Asset & Liability Committee and member of Senior Management team.
• Established an expense allocation system to accurately reflect the margins of each office and product line to enhance the profitability and achieve benchmark results.
• Reconciled a $750 million investment fund and applied GAAP to the monthly reporting.
• Eliminated interest rate, liquidity and credit risk while managing a $300M securities portfolio.

Chicago, Illinois, US

• ( $1 billion private bank & $6 billion trust, investment and wealth management company )
• Ensured that financial statements were presented consistent with US GAAP and managed the internal, external and regulatory audits as it related to the financial statements of the Bank.
• Provided strategies for profitable growth to Senior Management and the Board of Directors.
• Created 3 year strategic plans highlighting the key performance metrics of bottom line improvement of all offices, private banking and wealth management products.
• Led the ALCO committee to reduce balance sheet and net interest income risk using simulation modeling with resulting funding and hedging strategies.
• Developed pricing strategies and a client profitability model for private banking products.

(A $200 million Federal Savings Bank)

New York, NY, US

(A "Big 4" accounting firm)