KAJAT is a consulting and real estate investment firm. The company offers strategic and operational improvement support for businesses with expertise in the banking industry. KAJAT is also an integrated real estate investment company that owns and manages 350 multifamily units in the Cedar Rapids, IA metropolitan area. Recent contracts include:• School District Project Advocate for the construction of a $12 million state of the art Natatorium.• Risk Management support for the wind-down and closure of several European $50 million entities.

Responsible for Network support and development.• Consulted with European Franchises on card acquisition, product development, and risk management identifying $20 million in operational cost efficiencies and annual revenue opportunities.• Held a Diners Franchise Board of Director position

Managed the strategic global network risk for a $40 billion card franchise organization.• Held a Senior Credit Officer status with a $50 million signing authority.• Directed and coordinated credit, operational, fraud, and compliance strategic network risk associated with 74 franchise participants located in various countries throughout the world.• Held Board of Directors position on a European Franchise with $500 million in card sales.• Consulted with franchise participants on credit, operating, and financing models for business performance improvement lowering annual year over year credit losses by $50 million while also creating annual franchise expense saves in excess of $40 million.• Managed and coordinated $700 million in operating risks associated with 150 international network merchants, which have resulted in negligible network operating losses.• Managed and coordinated $500 million in network risk for multinational corporate companies holding write-offs at better than market standards.

Management of all risk and credit operations for a $12 billion card company.• Held Senior Credit Officer status with $15 million in signing authority.• Managed 200 people and $25 million credit operations budget for authorizations, collections, risk, fraud, merchant and international chargeback functions.• Integrated consumer and corporate best practices to achieve operating efficiencies saving over $1 million in annual employee costs.• Reduced annual card write-off losses from over $40 million to $18 million.• Consulted as Citigroup merchant risk subject matter expert instrumental in managing global merchant 9/11 fallout and development of global merchant credit / risk policies.

Managed the creation of a $500 billion global credit risk management system for the Corporate Bank.• Coordinated over 75 resources located throughout Europe and North America.• Used strong influencing and matrix management skills to get 2,000+ task project completed as most resources were not dedicated full time to the effort (A task is defined as work taking at least 1 week to complete).• Sharpened cross-cultural interactions in leading a large-scale change within the Bank.• Exercised credit background knowledge to initiate and implement many process improvement efforts.

Management of a $1.5 billion corporate credit card portfolio with a staff of twelve people extending credit up to $40 million to domestic and international companies.• Created connectivity for a global corporate credit structure as Project Leader utilizing technological means that includes the use of artificial intelligence in the credit decision process.• Conducted business training courses on cash flow analysis with a specific focus on macro issues that affect the underwriting of credit.

Management of over $200 million in complex assets (High Impact Transactions) including all types of real estate, professional sports, bank stock, and other businesses.• Guided the process of implementing re-development strategies including industrial revenue bonds on two regional shopping malls in Texas and Colorado valued at $70 million.• Re-built the business of a residential developer over five years which resulted in the recovery of a $15 million loan (thought initially to be worthless) while earning $3 million in interest.• Managed the re-development ($3 million investment) and re-positioning of a 408-unit apartment complex in Florida over a three year period saving an $11 million write-off.• Developed and implemented a strategy transferring a troubled professional sports franchise to new ownership salvaging a $40 million relationship that generated a $1 million / year (net).• Resolved complex ownership position and recapitalization of a $30 million community bank group.• Salvaged an economic district in Texas allowing $6.1 million in revenue bonds to be re-floated with the sale of a 200-unit apartment complex.• Restructured and built-out 150,000 square foot of office space for multiple properties in Texas and California gaining rents in excess of market.• Managed 12,500 undeveloped acres in Arizona through 104 inter-related bankruptcies ultimately creating a market where none existed resulting in a $2 million gain on sale.• Negotiated and closed sales and financing on over $150 million in company assets.• Responsible for assisting other officers in structuring all types of loans in the Western US.