PROFESSIONAL EXPERIENCE
MBIA, Armonk, NY Apr. *006 -
Jul. 2013
Treasury Director, Head of Corporate Finance and Capital Market
. Led corporate finance and capital market initiatives and assisted the
executive management on: enterprise-wide capital structure, liquidity
forecast/contingent funding planning, capital raising, debt
restructuring, tender/share buyback, special dividends, M&A, transfer
pricing, subsidiary restructuring, inter-company transactions; Published
capital market dashboard for senior management
. Managed firm's $2.2 billion senior debt, $850 million soft capital, and
$500 million revolver; Executed first surplus notes issuance of $1
billion in the financial guarantee industry and $1.6 billion Common
Equity offering; Prepared for CEO and CFO investor road shows during
capital raisings and presentations for quarterly earnings conference
calls
. Headed up firm's proprietary RAROC (Risk Adjusted Return on Capital) and
pricing strategy; Provided insights on capital usage and economic return
on financial guarantee business; Designed and implemented an enhanced,
desk-top based pricing model
. Evaluated capital adequacy under various models: regulatory, rating
agency, and internal capital models, assessed return on capital in
various strategic initiatives: business planning, new product
development, M&A, reinsurance/ risk syndication alternatives, single
risk/capital usage limit
. Advised UK subsidiary and managed IT to develop a Monte-Carlo based
credit risk capital model/stress test, and long-term balance
sheet/liquidity forecast model, under Solvency II guidelines
. Reviewed quarterly Mark-to-Market(Fas133/Fas157) process on insured CDS
portfolio and liquidity stress analysis on ALM portfolio
. Provided various financial and legal analyses to regulators(New
York/California Insurance Department, UK FSA) and rating agencies,
supported general counsels on litigation related analyses
. Member of Asia business strategy working group: conducted due diligence
for market entry and legal framework; maintained dialogues with
regulators, potential JV partners, investment banks, commercial banks,
law firms
Citigroup, New York, NY Mar.
2003 - Apr. 2006
Vice President- Global Transaction Services CFO Group
. Lead all financial planning and analyses needs of Global Clearing
Products (Dollar/Yen/Euro Clearing, Liquidity and Investment), identify
key drivers to optimize revenues from FX trading spread, NRFF through
SWEEP investment, and product pricing
. Provide financial direction and sound business advice to appropriate
parties; strengthen/expand relationships and communication channels with
senior business sponsors, regional CFOs, relationship bankers, corporate
accounting department
. Review all proposed new business cases and work in close association with
business unit directors in all acquisition and new product development
related activities
Vice President- Consumer Finance International Advisory
. Advise Non-US country managers (retail credit portfolio) on strategic
design of portfolio management to identify and achieve incremental
financial opportunities (Areas include: Profitability/Pricing, New
Product Design, Acquisition Targeting, Retention, Credit Testing, Legal
Compliance, etc.)
. Mentor local team and lead financial and business analysis on projects
including: identify drivers and opportunities for financial and
operational optimization; evaluate P&L drivers and forecast portfolio
sales and profitability (balance growth, credit spread, EBIT, credit
loss, ROA, ROE, NPV, etc.)
. Identify and leverage global best practice (both US and international
markets) and develop business growth initiatives for countries segmented
by economic conditions, social and cultural background, and financial
market competitiveness
. Identified best client base and advised product offering through
pricing/reward/servicing strategy for card retention sales channel,
conducted swap-in and swap-out analysis to optimize product and customer
matrix to in order to maximize financial and operational performance
Bank of America (FleetBoston Financial Group) Mar. 1999 - May.
2002
Lead Business Analyst
. Provided wide range of analytical support to senior management including
analyzing retail profitability (at regional, branch, and product level):
identifying cross-selling opportunities, tracking campaign performance,
planning executions of branch consolidations and divestitures in
BankBoston merger and Summit Bank acquisition (created key reports to
DOJ)
. Assisted in the design of a new sweep deposit/asset management product
that consolidated retail banking private client base and Quick&Reilly's
wealth management client base
. Engaged technology consultants to build a web-based platform that
automated analyses of retail and small business portfolio P&L and branch
sales
SCB Computer Technology Inc Sep.
1997 - Mar. 1999
Consultant
. Application Developer at Paragon Rehabilitation, Inc. (1998 - 1999):
Designed Microsoft Access Database with VBA and developed
accounting/payroll/billing automation
. Programmer Analyst at Eastman Chemical Company (1997 - 1998):
Provided SAS programming support on a worldwide reporting/analysis system
for sales, orders, and account receivables; Managed diverse information
from a multitude of data platform, translated detail data into
constructive format; Drafted analytical methods and reporting formats
Education
. New York University, Stern School of Business, New York City, New York
MBA with double major in Finance and Accounting, 2003
Finance Teaching Fellowship
. University of Georgia, Athens, Georgia
Master of Science in Statistics, 1997
Graduate Teaching fellowship
. East China Normal University, Shanghai, P.R. China
Bachelor of Science in Applied Mathematics, 1995
University Scholarship
Second-prize winning team in National University Applied Mathematics
Modeling competition