Tim Patz Email and Phone Number
Tim Patz is a Managing Director, Change Advisory and Business Effectiveness at CIBC.
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Managing Director, Change Advisory And Business EffectivenessCibcChicago, Il, Us -
Vp, Digital Strategy & TransformationPrudential Financial Sep 2021 - Apr 2024Newark, New Jersey, Us• Defined and implemented annual strategic goals, collaborating with business units to establish targets and design plans to achieve agreed KPIs• Managed & executed cross-functional digital & strategic transformation programs, successfully overseeing over 40 initiatives from inception to delivery spanning strategic goals, customer experience, and data & analytics• Increased international insurance NPS by 10% YOY through design & deployment of digital customer experience solutions, exceeding annual target• Developed enterprise-wide customer experience training program, completed by over 1,500 employees in 3 months -
Business Strategy ManagerAccenture Jan 2014 - Sep 2021Dublin 2, Ie• Identified $3B Market Opportunity for new product offering via acquisition at Fortune 500 P&C insurer & provided operational due diligence• Designed multi-business transformation program identifying 25 levers to achieve $100M in Growth & $50M in Cost Reduction• Designed & restructured operating models for Fortune 500 P&C Carriers & Brokers with a focus on scalability & keeping costs in line with revenues• Managed business case for $300M cost reduction program• Created $30M in labor savings through Robotics Process Automation (RPA) implementation & launch of Automation COE• Saved $50M in labor costs through optimizing client’s Finance organization • Progressively promoted through 3 roles, demonstrating consistent performance, leadership, and delivery -
Strategic Initiatives & Business Development LeadNoble Bank International Jan 2018 - Oct 2018- Led strategic design, developed business cases, and formalized market strategies for target state products & services- Designed financial models to project optimal fee schedules for current & future products- Performed client outreach to increase platform usage & connectivity, and build relationships with prospective clients to promote and sell Noble’s solution
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Mis Business AnalystJpmorgan Chase Jul 2011 - Jan 2014New York, Ny, Us- Managed offshore team of 6 analysts in Mumbai; oversaw day to day reporting outputs; responsible for approvals, escalations, and running weekly team meetings.- Disseminate accurate data in a timely manner to improve business performance by driving better decision-making.- Developed and manage capacity model for Private Bank Client Service to determine accurate headcount needs.- Redesigned and maintain key risk reports to clearly define and identify areas of interest.- Design and implement solutions including reports, dashboards and data quality tools- Promote, analyze, and track cross-selling program for Midwest region, resulting in over $2 billion in new funding.- Provide various daily, weekly, and monthly statistical reports illustrating trends and predictive analysis to senior management. -
Regional AccountantCompass Group Feb 2011 - Jun 2011- Managed accounting responsibilities of 50+ schools, supporting individual managers of each school.- Analyzed each unit’s monthly balance sheet and income statements to ensure integrity of reports and research sources of profit/losses.- Booked journal entries, following proper financial accounting principles to properly bill all external clients and close out temporary accounts on a monthly basis.- Promoted from temporary role to permanent, full-region accountant in 1 month.
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Income & Expense AccountantIbm Jun 2009 - Jan 2010Armonk, New York, Ny, Us- Performed several monthly/quarterly analyses of Balance Sheet and Income Statement accounts to properly identify, research, and explain material variances in their respective areas.- Researched causes of charges in error and corrected to appropriate accounts; reduced monthly volume of errors.- Booked journal entries, following standard accounting guidelines/principles to successfully close out temporary accounts and bill proper expenses to responsible intercompany departments and external clients. - Executed daily updates of automatic close-out allocations, account tables, and salary details to ensure accurate expenditures and month ending totals.- Eliminated inefficient ECR approval process, saving IBM approximately $1,000 and 50 hours/month.
Tim Patz Education Details
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Elon UniversityAccounting
Frequently Asked Questions about Tim Patz
What company does Tim Patz work for?
Tim Patz works for Cibc
What is Tim Patz's role at the current company?
Tim Patz's current role is Managing Director, Change Advisory and Business Effectiveness.
What schools did Tim Patz attend?
Tim Patz attended Elon University.
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