Docstoc

Finance Director in New York City NY Resume Carol Savage

Document Sample
Finance Director in New York City NY Resume Carol Savage Powered By Docstoc
					                                           Carol Cannon Savage
                        ~ West Orange, NJ 07052 ~ Mobile (917) 647-8261 ~ papilio0105@gmail.com ~
SUMMARY
Finance professional with Ivy League MBA and over 18 years of extensive experience in financial reporting and analysis,
regulatory compliance, operations, fixed income, FX and treasury products including international expatriate experience.
Proven effectiveness in developing financial procedures and systems to increase productivity and decrease human error
while providing flexible standards for future growth. Strengths include expense control, organizational skills, applying
financial insight to operational problems, leading change and developing talent.

PROFESSIONAL EXPERIENCE
Feb. 2006 – Jan. 2011             Citibank North America – Sales & Marketing Finance – Long Island City, NY
                                  VP, Sales & Marketing Controller

 Controlled over $275 million of marketing and controllable expenses for the retail branch network including online
  consumer banking products and services
 Provided concise monthly and ad-hoc presentation slides for senior management review and strategic meetings
 Reduced monthly reporting time from five days to two days while improving the accuracy of the flash-to-actuals
  variance to 0.20%
 Standardized marketing finance reports and procedures while maintaining flexibility to reduce monthly variance to
  budgets
 Developed and conducted bi-annual training for 80+ marketing staff on managing, reporting and paying marketing
  expenses

Oct. 2002 – Jan. 2006             Citigroup, Inc. – Global Consumer Group – Long Island City, NY
                                  AVP, Control Officer

 Developed system for working across departments to monitor compliance with Sarbanes-Oxley, FDICIA, COSO and
  other banking and credit card regulations
 Implemented intercompany monitoring procedures for both balance sheet and income statement accounts
 Oversaw internal and external audits, reported results and managed follow-ups for the Consumer Treasury and Diners
  Club International units
 Key member on corporate-wide committee focusing on business unit balance sheets and intercompany controls

Nov. 2001 – Oct. 2002             Citigroup, Inc. – Economic Capital/Treasury – New York, NY
                                  Financial Management Associate III

 Provided analysis to develop economic capital and operational risk models in addition to updating Treasury FAS 133
  documentation
 Tested initial economic capital methodology in trial countries
 Analyzed corporate-wide issuance of guarantees resulting in a centralized product group
 Implemented standard procedures to comply with FAS 133 requirements for the corporation’s debt issuance

May 2001 – Oct. 2001              Citigroup, Inc. – Country Treasury – Hong Kong, SAR People’s Republic of China
                                  Financial Management Associate II

 Updated and reviewed product programs, FX rate models and transfer pricing documentation
 Constructed four debt repricing models for back office treasury use
 Cross-trained on Asia – Pacific warrants desk as back-up trader

July 2000 – May 2001              Citigroup, Inc. – Treasury/Financial Control – New York, NY
                                  Financial Management Associate I

 Created FAS 133 documentation for treasury risk management programs
 Conducted post settlement discovery on FAS 133 related assets acquired through purchase of Associates & Co.
 Provided preliminary balance sheet and capital charge analyses before incoming Citigroup Treasurer established a
  broader committee

                                                                                                              Page 1 of 2
                                            Carol Cannon Savage

June 1999 – August 1999             Banc of America Securities LLC – Syndicated Finance – Charlotte, NC
                                    Summer Associate

   Conducted research for pending deals and industry analysis for potential clients
   Worked directly with senior structurers in creating and presenting pitchbooks to companies
   Drafted offering memorandums and assisted in the closing of loan syndication deals
   Profiled and analyzed potential middle market companies in select industries which provided a focus list for Q3 and Q4

August 1996 – May 1998              Morgan Stanley Dean Witter & Co. – Taxable Fixed Income Desk – New York, NY
                                    Sales & Marketing Associate, Intermediate

 Developed marketing pitches for fixed income products including preferred stock
 Prioritized and presented to retail sales force daily marketing ideas for fixed income products including new issues, swap
  ideas and portfolio structures
 Generated client specific fixed income sales ideas for brokers in the Western region sales offices which included Hawaii
  and Hong Kong
 Stood-in as repo and treasury bill trader to accommodate schedules and market fluctuations
 Produced government and agency bond presentations for monthly sales staff training

August 1994 – July 1996             Office of Finance – Federal Home Loan Banks – Term Funding Desk – Reston, VA
                                    FMSII Administrator/Funding Assistant

 Managed the pre- and post-issuance operational activities for all FHLB bond and medium-term notes issuance and
  auction execution and provide statistical reports for internal directors, FHLB Presidents, the Federal Housing Finance
  Board and the U.S. Department of Treasury
 Created and maintained the database for all FHLB bond and medium term note issues
 Provided the basis for the Funding Management System II (automated fixed income trade database) and managed the
  development team
 Designed medium term note bid process to accommodate up to five notes in one bidding session

August 1992 – July 1994             Office of Finance – Federal Home Loan Banks – Operations – Reston, VA
                                    Fiscal Services Specialist II

 Administered all back office procedures for issuing and servicing FHLB floating rate and callable debt including
  settlement through Fedwire
 Calculated interest payment resets and coordinated redemption of over 540 structured bonds
 Processed monthly Federal Reserve Bank reimbursement claims, compiled yearly estimates and provided statistical
  analysis
 Developed system to calculate the floating rate of thirty bonds which grew to over 540 within two years

EDUCATION
2000 M.B.A. Finance, Cornell University, Ithaca, NY
1992 B.B.A. Finance, Howard University, Washington, DC

COMPUTER SKILLS
Advanced skill level in all aspects of Microsoft Office (Word, Excel, Access and PowerPoint). Hands on experience in
accounting and financial reporting systems including Hyperion, Essbase, P2P and Actuate.

PERSONAL
Toastmasters International, President of a President’s Distinguished Club, CC, ALB
March of Dimes – March for Babies Annual Top Fundraiser




                                                                                                                 Page 2 of 2

				
DOCUMENT INFO
Description: Carol Savage is a finance professional with Ivy League MBA and over 18 years of extensive experience in financial reporting and analysis, regulatory compliance, operations, fixed income, FX and treasury products including international expatriate experience. She has proven effectiveness in developing financial procedures and systems to increase productivity and decrease human error while providing flexible standards for future growth. Carol's strengths include expense control, organizational skills, applying financial insight to operational problems, leading change and developing talent.