612.719.6045
Experienced treasury manager who effectively collaborates with internal and external business partners to develop creative cash and investment management solutions to improve performance, streamline operations and reduce costs. Disciplined investment manager with strong background in operations, investment oversight, and performance reporting. Excellent written and verbal communications skills, including presentations to customers, senior level management and corporate-wide communications.
- Cash Management and Forecasting
- Hedging Strategies
- Bank Account and Fee Analysis
- Debt Management and Compliance Reporting
- Investment Policies and Strategies
- Process Improvements
- Foreign Currency and Forward Contracts
- Project Management and Requests for Proposal
The Housing Partnership Network, Boston, MA - December 2008 to present
Independent Consultant
- Hired to evaluate bank account structure, manage cash, develop and implement investment strategies, prepare investment reports and board presentations, coordinate day-to-day borrowing and other operations activities.
- Implementing more effective short-term investment strategies to increase interest income and reduce investment risk.
- Developing and implementing investment policies to improve long-term performance while ensuring compliance with grant and pro- gram related investment guidelines.
- Evaluating provider risk and bank account structure to reduce costs and leverage FDIC insurance protection.
- Preparing abstracts summarizing loan and grant agreements.
- Implemented new loan administration system and corresponding operations procedures to more effectively manage investor and customer loan payments.
Wilary Winn LLC, St. Paul, MN - April 2008 to November 2008
Vice President and Senior Consultant
- Provided market research and strategic consulting to clients related to cash management, corporate finance, investment management and accounting regulations.
- Co-authored comprehensive investment proposal for nonprofit organization receiving a large government grant.
- Enhanced model used to value and account for interest rate derivatives by integrating complex spreadsheet data into a more client-friendly written report.
- Acted as interim co-general manager for a captive insurance company.
TPG Credit Management L.P., Minneapolis, MN - October 2006 to April 2008
Investment Operations Team
- Hedge fund operations including domestic and foreign high-yield distressed debt settlement and bankruptcy
work-outs.
- Specialized in the settlement and servicing of foreign debt instruments, including foreign bankruptcy proceedings.
- Responsible for all aspects of operations for a leveraged total return swap with $500 million in high-yield securities.
Andersen Corporation, Bayport, MN - March 2004 to October 2006
Investment Manager
- Managed investment analysis and operations for $1 billion in benefit plan assets.
- Developed and implemented investment policy statements: 401(k) plan, ERISA qualified pension, corporate cash.
- Directed activities to convert 401(k) plan to new record-keeper and investment managers.
- Conducted asset/liability study and completed transition of pension portfolio to a more diversified strategy.
Andersen Corporation, Bayport, MN -November 1998 to March 2004
Director of Treasury Services
- Directed corporate cash management, treasury operations, cash forecasting, short-term investing and borrowing, debt compliance and payments, bank relationships, investor relations, stock recordkeeping.
- Improved business-wide cash forecasting model to improve accuracy and reduce uninvested cash balances.
- Analyzed foreign currency risk exposure of company’s newly acquired Canadian business. Collaborated with accounting to develop and implement hedging strategy.
- Planned and brought to market Andersen’s first-ever debt offering of $250 million in 1999. Refinanced in 2004.
- Led finance team to implement debt compliance reporting. Assumed full reporting responsibility when completed.
- Evaluated interest rate risk exposure. Recommended hedging strategies using interest rate swaps.
- Negotiated two syndicated bank credit facilities.
Dain Rauscher Incorporated, Minneapolis, MN - May 1993 to November 1998
Vice President and Treasury Operations Manager
- Managed area responsible for cash management, short-term borrowing, debt service, retail office deposits, customer payments and returns, and banking relationships.
- Led project team that included IT, Retail Operations, and external business partners to implement automated funds transfer system. - Turn-around time on client requests was reduced by two-thirds while transaction volume doubled.
- Directed treasury operations, cash management and financing activities related to three mergers and acquisitions.
First Trust Company, St. Paul, MN (now a division of U.S. Bank) - November 1988 to May 1993
Vice President and Operations Manager
Specialized Processing Services
- Managed investment operations, including foreign exchange execution, for clients’ global custody portfolios and bank’s securities lending program.
Income Collection Services -
- Managed department responsible for the timely and accurate posting of more than $1 billion in monthly dividend, interest, and principal payments.
- Successfully managed operations department of 50 people, including 3 direct reports, through long-term system conversion and 20% personnel reduction while maintaining productivity and service goals.
- Integrated complex mortgage-backed securities payment processing into department work-flows during rapid growth from acquisitions.
Cargill, Incorporated, Financial Markets Division, Minneapolis, MN - 1986 to 1988
- Investment Analyst providing mortgage- and asset-backed securities analysis.
TCF Banking and Savings, Minneapolis, MN - 1983 to 1986
- Cash Manager and Investment Analyst responsible for cash management and investment operations. Analyzed fixed-income portfolios and hedge effectiveness of interest rate swaps.
Midwest Federal Savings and Loan Association, Minneapolis, MN -1981 to 1983
- Cash Manager coordinating short-term cash management and Jumbo CD bidding.
EDUCATION / CERTIFICATIONS
- Certified Treasury Professional (CTP) designation – expected completion January 2010
- Certified Cash Manager (CCM) designation
- Mini Master of Non Profit Management – expected completion December 2009; University of St. Thomas, MN
- Mini Master of Financial Management – University of St. Thomas, MN
- Executive MBA – University of St. Thomas, MN
- Bachelor of Arts, Economics and English – Smith College, MA
PROFESSIONAL AFFILIATIONS
- Association for Financial Professionals (AFP)
- Pinnacle Award Judge – 2006
- Conference Program Committee – 2005 to 2006
- Windy City and AFP national conference presenter – 2004, 2005
- Active member since 1998
- Minnesota Treasury Management Association (MTMA)
- Vice President – 2009 to 2010
- 2009 CTP scholarship recipient
- Conference presenter – 2004, 2005, 2009
- Chair positions on annual conference committees – 1998, 2000, 2003
- Vice President – 2000 to 2001
- Active member – 1993 to 2005, 2008 to present
- Toastmasters International – 1995 to 1998
COMMUNITY SERVICE
- Andersen Corporation Habitat for Humanity – 1998 to 2006
- Croixside Pony Club, Stillwater, MN – held various officer positions from 1997 to 2003
- Boy Scout Troop 125 and Cub Scout Pack 375, Stillwater, MN – active volunteer leader 1995 to 2002
- Parkview United Church of Christ, White Bear Lake, MN – active church volunteer and Sunday school teacher 1988 to 2000
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