Management Customer Service

Michael Ratanavong, MBA

** ****** ******, *******, ** 06850

Phone: 203-***-**** Email: ***********@*****.***

Linkedin: http://www.linkedin.com/pub/michael-ratanavong/3/553/905

PROFESSIONAL SUMMARY

A Senior Treasury professional with over 10 years experience in Domestic

and International Treasury Operations. A proven record of successful

managing all aspects of corporate treasury functions and planning.

Experience in Funds & Liquidity Management, Cash Flow Analysis &

Forecasting, Treasury Management System, Banking Relationships, Banking

System Administration & System Implementation, Positive Pay Checks Frauds

Implementation/Process, PaySource XML Implementation, Accounts Payable &

Receivable Management, Business Process Transformation and Improvements,

Compliance and Regulatory Audits [SSAE 16, SAS 70], Foreign Exchange and

Project Management. An excellent work ethic and time management with

supervisory experiences.

XL GROUP, Stamford, CT August 2004 - Present

Officer and US Senior Treasury Manager

Manage and oversee approximately $500M of US Cash Management operation -

Funds Management / Liquidity Management operation with over 200 bank

accounts and over 40 entities.

Administer internal Debt Management of $450M for XLA holding company with

our parent company, XLFI and review interest schedule and payment.

Coordinate all US Working Capital Management cash needs through

dividends, capital contributions and partner with Legal in obtaining

Board of Consent approval.

. Negotiate an Earnings Credit Rates with bank and execute an annual cost

savings of $1.0M in bank fees reduction while generating a higher

investment income by investing in Hong Kong Time Deposits yielding 38

basis pointers higher than Money Market sweeps.

. Global administration filings of the [FBAR] Report of Foreign Bank and

Financial Accounts for US authorized signers that have a financial

interest or signature Authority over foreign financial bank accounts.

US "Lead" for Banking Relationship for XL America and Subsidiaries for

new business and new bank accounts.

. US "Lead" for the evaluation of the PeopleSoft Cash Management Module for

cost benefit analysis & weekly calls.

. US "Lead" for the Notional Cash Pooling (NCP) account opening and

implementation.

Implemented a "Positive Pay Checks Frauds" across all the XL bank

accounts combating checks frauds.

Implemented a "PaySource XML" project for outsourcing operating expense

payments to JP Morgan Chase Bank.

Prepare /review monthly cash flow analysis of Actual vs. Budget for the

Corporate, Insurance and Reinsurance segment.

Publish quarterly and annually statement for the filings of Statutory

Schedule E Part 1 Interest Schedule for all Property and casualty

companies for statutory audited financial statements.

Track state special deposits by state securities for 7 XL Insurance

companies to have special deposit requirements such as securities, cash

and other type of collaterals.

. Analyze, design, implementation and ongoing evaluation of cash management

services. Recommend and implement improvements to current cash

management process.

. Ensure compliance with internal control and supervision of Cash

Management activities. Assist in development of polices procedures,

operational controls and standards and selection of samples for audits.

Coordinate all Treasuries internal, external and regulatory audits. Serve

as Treasury Cash Management point person for all audits planning.

. Implement and review bank lockbox accounts structure for the Corporate,

Insurance and Reinsurance.

Establish a 4 weeks cash flow forecast for the Insurance and Reinsurance

that includes premiums/receipts/loss payments.

. Manage 2 staff members and provide effective management, training and

development of direct reports.

. Coordinate quarterly International and Domestic intercompany settlements

transaction.

. Perform a "Repatriation of Funds" to the US home currency involving

foreign exchange.

SWISS RE, New York, NY May 2001-August 2004

Assistant Cash Manager

. Managed, monitored $1.2B asset management / over 500 banking accounts and

coordinated daily cash account balances, short-term investments and Swiss

Re money market funds participants.

. Implemented a Treasury Workstation System [Sungard RES IQ] for the Cash

Management Module.

. Implemented a Weiland Financial Group - Account Analysis Modeling

ensuring the bank rates, services, pricing are being charge accurately.

Reviewed monthly fees evaluation for operating and custody accounts /

bank products/services.

. Demonstrated proficiency in Cash Management services for all types of

accounts, including DDAs, CDAs, ZBAs, Lockbox, custody, trusts,

Regulation 114 trusts, state deposits, and escrows.

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. Interfaced heavily with Portfolio Managers regarding securities

settlements for fixed income, equity, derivatives products & processed

trade tickets, reviewed failed trades and responsible for all cash trades

settlements.

. Performed cash flow analysis on a monthly, quarterly, and year-to-date

basis, including the research and explanation of large variances of

Actual vs. Forecast of liquidity.

. Executed foreign exchange settlements by supporting international

monetary.

. Forecasted future cash flows to predict potential shortages or surpluses

and monitored the accuracy of prior projections.

. Provided and projected a forecast U.S. & Canada liquidity projection

reports to senior management.

. Administered the investment advisory fee bill for Swiss Re Assets

Management and assist in the A/R management.

. Analyze, design, implementation and ongoing evaluation of cash management

services. Recommend and implement improvements to current cash

management process.

. Guaranteed overall adherence to investment policies and criteria in

determining and managing investment of daily surplus and shortage of

cash.

. Responsible for the integration of newly acquired business into cash

management and investment accounting systems.

ALLIANCE GROUP SERVICES, INC., Westport, CT 2000 - 2001

Senior Financial/ Credit Portfolios Analyst

. Established a Cash Management Module for Alliance Group Services Inc. and

expanded a banking relationship.

. Maintained the opening and opening/closing of bank accounts and

maintained records related documentation.

. Monitored daily cash flow and provided daily cash reporting, collected

daily wire transfer requests for banks, and worked with accounts that

have an excess balance and accounts that needed to be funded.

. Facilitated in analyzing financial statements and underlying collateral,

credit approval, reviewed bank & trade reference, D&B, A/R aging

schedule, projections/budgets, and evaluating credit worthiness of new

and existing client base exposure and risk.

. Assisted the General Counsel in the management and negotiation of

contracts forms for the businesses and organized information on business

practices. Prepared basic commercial contracts.

. Drafted amendments, promissory notes and analyzed Uniform Commercial

Codes filings/assignments.

. Upgraded/implemented new bank products and services, upgraded existing

functions and troubleshot problems.

. Lead the collection process for the account receivable management team by

monitoring the A/R aging schedule.

. Prepared monthly journal entries and supported sales, customer service

and prepared basic commercial contracts.

ROYAL SUN ALLIANCE., Hartford, CT 1998 - 2000

Senior Treasury Analyst

. Managed RSA's cash position and its domestic and international

subsidiaries.

. Provided short-term/medium investment portfolio and short-term borrowing

requirements for the operating companies.

. Analyzed consolidated cash on a monthly, quarterly, and year-to-date

basis, including the research and explanation of large variances (Actual

vs. Forecast) of liquidity.

. Balanced RSA's and its subsidiaries cash position. Prepared a daily

reconciliation of daily actual cash flow data to forecasted cash flow

data. Established a forecast on a daily basis to determine which cash

accounts needed to be funded.

. Provided a future forecasting to senior management of cash shortages and

surplus.

. Prepared monthly journal entries using Oracle General Ledger System.

. Analyzed bank statements to ensure that fees and services were charged

accurately by banks.

TECHNICAL SUMMARY:

Treasury Management System + Bloomberg + Banking System + Microsoft Office

+ HSBC Net + BNY Workbench

Investment Accounting: Wings Statutory + Freedom + HiPortfolio + Camara

Investment

General Ledger System/Software: PeopleSoft Version 8.9 + Oracle + SAP +

QuickBooks

EDUCATION:

University of North Carolina -Executive Treasury Management Program/Advance

Cash Management Topics. 2008

Norwalk Community College - Financial Statement Analysis Certificate,

Insurance and Financial Services. 2008

University of New Haven, M.B.A. Concentration in Business Policy and

Strategy. 2001

University Bridgeport, B.S. in Finance and Banking. Awarded a Full 4 -

Years Academic Scholarship. 1994

MEMBERSHIPS / AFFLIATIONS: Association of Financial Professionals [AFP]

+ Treasury Management Association of New York [TMANY] + XL Group Softball /

Basketball + Dublin Ale Men's Softball Team + Alumni Association with

University of Bridgeport and University of New Haven

Contact this candidate