Wendy Watson Email and Phone Number
Independent Director, Member Audit and Compliance, Human Capital and Governance at
@
Independent Order of the Foresters
Boston, MA, US
Wendy Watson's Location
Boston, Massachusetts, United States, United States
Wendy Watson's Contact Details
Wendy Watson work email
- Valid
- Valid
- Valid
- Valid
- Valid
Wendy Watson personal email
n/a
About Wendy Watson
Current For Profit BoardsCitizens BankIndependent Order of the ForestersCanadian Medical Holding AssociationDAS Legal Protection Canada (a Munich Re Subsidiary)Current Not For Profit BoardsChildren's Hospital Boston ( Community Service Committee)Crittenton Women's Union AdvisorExpert Advisory Panel McGill University Management School I recently retired with more than 30 years in senior management and board roles at some of the largest US & Canadian financial institutions- including custodial banks, retail and commercial banks and asset management companies. I have a rare blend of global operating and IT experience, audit and risk management skills, and demonstrated boardroom capability.I am now moving on to the next phase of my career and seeking to apply my extensive global business experience in for profit board involvement over the next 10-15 years. My background would be particularly appealing to financial institutions looking to bring about change in direction and seeking to recruit new board members who want to be actively engaged through committee participation.Specialties: Financial Expert (meet SEC/OSFI requirements);Global Operations and IT Management; Internal Audit, Risk Management and Governance; and, prior Board experience.
Wendy Watson's Current Company Details
Independent Order Of The Foresters
View
Independent Director, Member Audit and Compliance, Human Capital and Governance
Boston, MA, US
- Employees:
- 7
Wendy Watson Work Experience Details
-
Independent Director, Member Audit And Compliance, Human Capital And GovernanceIndependent Order Of The ForestersBoston, Ma, Us
-
Independent Director, Member Audit & Compliance, Human Capital & GovernanceIndependent Order Of The Foresters Jun 2013 - PresentTorronto, Canada AreaA Fraternal Benefits Society offering a range of financial services products in the US, Canada & the UK.
-
Member, Community Service CommitteeBoston Children'S Hospital Nov 2011 - PresentGreater Boston Area -
Financial Literacy AdvisorCrittenton Women'S Union Sep 2011 - PresentGreater Boston Area
-
Independent Director, Member Of The Audit & Risk And Human Resources & Compensation CommittteesCanadian Medical Association Holdings Inc Sep 2010 - PresentOttawa, Canada AreaProvider of Financial services (financial advice& portfolio management/insurance/banking/estate & trust services) and practice management solutions (advice/technology solutions) to 76,000 Canadian physicians and their families.
-
Independent Director,Chair Audit & Compliance Committees; Member, Risk & Compensation CommitteesCitizens Financial Group Aug 2010 - PresentGreater Boston AreaA $140 billion commercial bank holding company (subsidiary of Royal Bank of Scotland) with 1,500 branches in 12 states and 24,700 employees with head office of in Providence Rhode Island. -
Independent Director, Chair, Audit Committee & Member Governance CommitteeDas Canada Insurance Company Ltd Aug 2009 - PresentToronto, Canada AreaNon Executive Director/ Chairman of Audit Committee of DAS Canada Insurance Company Ltd a start up which operates in a niche market providing legal expense protection to individuals and corporations. DAS Canada is a subsidary of DAS UK which is a subsidary of Munich Re.
-
Executive Vice President Global ServicesState Street Bank & Trust Company Jan 2000 - Jan 2009Leading provider of financial services to institutional investors with $12 trillion in assets under custody, $1.4 trillion under management and 23,000 employees.; Established and led bank's global Cost Leadership Program reducing annual expenses by $800 million over 3 years.Developed and implemented a cross functional global operating model creating centers of excellence for high end customer-facing work and shared service utilities for other business process work.Established and managed shared service utilities in low cost offshore locations (India, Poland, China). Relocated approximately 5,000 jobs from high to low cost locations over 4 years.Negotiated a unique JV structure to deliver services in India at significantly lower cost than running captive facilities. Served as Chair of the Board of the India operating company and the Mauritius holding company (both included external directors). Actively managed the relationship with the partner to deliver service quality that significantly exceeded State Street standards.
-
EvpState Street Corp. 2000 - 2009Recently retired from State Street Corp where as EVP Global Services: led the company's initiative to advance all aspects of cost leadership worldwide reducing operating expenses by $800 million; and, defined the company's shared services and location strategies establishing large business process operations in India, China and Poland. In a prior postion: designed the company's global middle office outsourcing business; and, grew it to two trillion in assets serviced the largest such provider in the world.
-
Managing DirectorInvestment Manager Solutions Jan 2000 - Jan 2005General management role that included the design and implementation of the bank's strategy to start up a global middle office outsourcing business. State Street is now the largest provider of these services with $2 trillion in assets -almost 5 times the size of its closest competitor.Developed customized servicing solutions for asset managers seeking to outsource middle/back office functions. Developed a standard integrated global operating model and technology solution for middle office services and a strategy for integrating these with the manager's front and back office operations.Managed the bank's first middle/back office outsourcing client (PIMCO). Built operational and IT capability at sites in the US and globally that enabled PIMCO to trade in non-domestic locations; . PIMCO became State Street's largest and most strategic client with assets under management of $800 billion. Acquired and integrated global marquis client including AGI, Investec, AAAM , AXA and Gov't of Singapore.
-
MemberBoard Of Directors, Woman'S College Hospital Jan 1998 - Jan 2002
-
SvpCanadian Imperial Bank Of Commerce Sep 1995 - Feb 2000Ran CIBC's global private banking and domestic trust business: $50 billion in assets; budgets of $100 million; 10 offshore locations; and, 800 employees globally.President & CEO of CIBC Finance Inc: repositioned and completed transactions on two of the Banks troubled lending businesses with assets of $8 billion; annual budgets of $100 million; and, staff of 1,000.
-
SvpCanadian Imperial Bank Of Commerce Jan 1995 - Jan 2000multinational Canadian bank with $350 billion in assets and 40,000 employees globally.
-
SvpSvp, Global Private Banking & Trust Jan 1999 - Jan 2000Promoted to broader general management role that required reinventing the business- $50 billion in assets, annual budgets of $100 million, 10 offshore offices and 800 employees. Developed and implemented a strategy for the domestic trust operation to retain the profitable deposit business and exit unprofitable ancillary businesses.Developed a strategy for the off shore trust and private banking businesses. This included: introducing a North American High Net Worth offer; growing the highest revenue offshore businesses; selling an unprofitable and high risk full service Swiss Private Bank; and, white labeling Swiss products through a third party.These strategies resulted in a gain on sale of over $50 million, a capital release of $75 million and, set the stage for revenues to double and annual expenses to decline by $50 million over the next three years.
-
DirectorsWomen'S College Hospital Foundation Jan 1996 - Jan 2000
-
President & Chief Executive OfficerCibc Finance Inc Jan 1996 - Jan 1999Repositioned and completed transactions on two of the bank's troubled lending businesses (Retail Finance and Government Sponsored Student Loans) with assets of $8 billion, annual budget of $100 million and staff of 1,000.Introduced a Board/Committee (which included external directors) and governance structure to support the business. Built a highly effective and diverse management team. Developed vision, values and business objectives for company. Installed a new performance management and compensation program; and, retention programs to support the strategic alternatives for the businesses that resulted in zero turnovers in key positions. Took the businesses from an "unsatisfactory" internal audit rating to "effective".Developed and executed a strategy to exit the Sales Finance business through a combination of business/asset sales and liquidation of portfolios. Shareholder value was maximized and reputation risk minimized.Developed/executed strategy for Student Loan business through JV with world-class student loan provider. Created a best-in-class service bureau. Reduced operating costs by 26% and loan losses by 70 bsp. Quadrupled profitability
-
President & CeoSvp, Personal & Commercial Bank Jan 1995 - Jan 1996Reported to President of Personal and Commercial Bank. Member of the Bank's Executive Committee.Assessed risks and opportunities associated with the implementing the new retail branch strategy and recommended a more focused and speedy implementation in high payback markets.Led the Customer Satisfaction Task Force that drove fundamental changes to the bank's performance measurement system to focus employees on required improvements resulting in improved customer satisfaction ratings.Led bank-wide tax planning initiative that resulted in tax savings of $70 million over two years.Played a lead role in analyzing potential retail bank and insurance company acquisitions.
-
Vice President & Chief Information OfficerConfederation Life Jan 1993 - Jan 1995Reported to President and CEO. Responsible for consistent and effective technology strategy and implementation across worldwide organization as well as internal audit, security and administrative services. Budget of $50 million. Staff of 600. Was one of only four executives retained for a year post liquidation.Achieved annual cost savings of $20 million and staff reductions of 50% by restructuring IT services; introducing new controls for all IT projects and expenditures; re-negotiating contracts; and, rationalizing supplier arrangements.Developed an IT organization to support the new liquidation requirements including the need to migrate systems to purchasers. Built technology to facilitate the wind up of the company and meet the needs of each of its regulators. Served as company liaison with agents of Canadian, U.S. and the U.K. regulators. Serviced the businesses for U.S. regulator and Canadian liquidator at a time when one party was suing the other for $500 million.
-
SvpConfederation Life 1992 - 1995Chief Information Officer and Head of Internal Audit for Confederation Life Insurance Company. In both roles, restructured and developed high performing organizations that saved costs while significantly enhancing the quality of staff to provide improved service. Also, was one of four executives who was retained for a year when the company went into liquidation - worked closely with the Canadian, US and UK regulators to ensure policy holders were fairly treated.
-
Vice President & Chief Information OfficerConfederation Life Insurance Company Jan 1992 - Jan 1995multinational life insurer with $19 billion in assets. Went into liquidation in 1994.
-
Vice PresidentInternal Audit Jan 1992 - Jan 1993Provided full range of internal audit services worldwide. $3 million annual budget and professional staff of 30.Restructured company's global Internal Audit function to align with specific operational, geographic, credit and market risks facing the company. This required significantly increasing the level, quality and experience of staff.Led review of operating expenses across the company worldwide. Introduced controls over the use of consultants and outsourced all noncore services. Result was annual cost savings of 30%.Led an independent assessment of company's worldwide IT organization, operations, service delivery and costs. Brought $500,000 project in on time and 20% under budget -resulted in IT annual cost reductions of $5 million.
-
Assistant Vice PresidentSun Life Financial Aug 1977 - Jun 1992Rose rapidly from staff auditor through seven senior positions to Assistant Vice President Internal Audit- the second most senior person in a 70 person global internal audit function. Worked in Canada, US, UK, and Asia Pacific in insurance, mutal funds, investment and trust operations. Extensive experience in acquitions, alliances and joint ventures. -
Assistant Vice PresidentSun Life Assurance Company Jan 1977 - Jan 1992Rose rapidly from staff auditor through seven more senior positions to Assistant VP, Internal Audit - the second most senior position in a 70 person global internal audit function. Worked in Canada, US, UK and Asia Pacific in insurance, mutual funds, investment and trust operations. Extensive experience in acquisitions, alliances and JV's.
Wendy Watson Skills
Strategy
Risk Management
Financial Services
Management
Finance
Governance
Outsourcing
Mutual Funds
Executive Management
Banking
Process Improvement
Investments
Business Process
Start Ups
Strategic Planning
Analysis
Asset Managment
Change Management
Financial Risk
Project Management
Internal Controls
Cross Functional Team Leadership
Budgets
It Strategy
Wendy Watson Education Details
-
Finance & Law -
Major Accounting & Law -
Bcom, Mcgill UniversityAccounting
Frequently Asked Questions about Wendy Watson
What company does Wendy Watson work for?
Wendy Watson works for Independent Order Of The Foresters
What is Wendy Watson's role at the current company?
Wendy Watson's current role is Independent Director, Member Audit and Compliance, Human Capital and Governance.
What is Wendy Watson's email address?
Wendy Watson's email address is we****@****zon.net
What schools did Wendy Watson attend?
Wendy Watson attended University Of Toronto, Mcgill University, Bcom, Mcgill University.
What skills is Wendy Watson known for?
Wendy Watson has skills like Strategy, Risk Management, Financial Services, Management, Finance, Governance, Outsourcing, Mutual Funds, Executive Management, Banking, Process Improvement, Investments.
Not the Wendy Watson you were looking for?
-
Wendy Watson
5Th Generation Entrepreneur / International Keynote Speaker / Board President / Author / Women Empowerment / Visionary / Creator / 70-20-10 Rule / Mentor / Relationships / Workshops & Webinars / What Is Your Love Legacy?Denver, Co -
4leggett.com, legge.tt.com, graftech.com, arhaus.com2 +1 417-XXXXXXXX
-
4gmail.com, porternovelli.com, clearstreamagency.com, clearstreamagency.com4 +131044XXXXX
-
Wendy Watson
Dallas-Fort Worth Metroplex3gmail.com, aa.com, sabre.com1 (682) 6XXXXXXX
Free Chrome Extension
Find emails, phones & company data instantly
Find verified emails from LinkedIn profiles
Get direct phone numbers & mobile contacts
Access company data & employee information
Works directly on LinkedIn - no copy/paste needed
Aero Online
Your AI prospecting assistant
Select data to include:
Total price:
$0.00
0 records × $0.02 per record
Download 750 million emails and 100 million phone numbers
Access emails and phone numbers of over 750 million business users. Instantly download verified profiles using 20+ filters, including location, job title, company, function, and industry.
Start your free trial