Manager Management
Resume:
Duston L. Richards
*********@***.***
PROFILE
A banking executive with extensive experience in risk management,
internal controls improvement, credit risk administration, compliance,
auditing, and strategic planning. Strong communication, listening and
investigation skills with ability to work well with all levels of an
organization; clients, vendors, senior management, and government
regulators.
EXPERIENCE
SHORECAP EXCHANGE Kashf Microfinance Bank
June 2010 - present
Lahore, Pakistan
Enterprise Wide Risk Management consultant: Scope of Work includes
. Training of the new Chief Risk Officer.
. Revision and editing of the Risk Policy.
. Coaching the Internal Auditor in COSO methodology and SOX section
404 concepts.
. Mentoring the Branch Operations Manager in risk assessments and
solutions thereof.
FIRST MICROFINANCE BANK February 2009 - February 2010
Kabul, Afghanistan
Manager, Small and Medium Enterprise Lending Division
. Managed Small and Medium Enterprise lending department of a large
MFI in Kabul.
. Coordinated and liaise with external financial partners. Managed a
staff of 24 in five provinces.
. Re-organized the structure of the business lending department for
improved controls.
. Recommended revisions to policy, procedures, pricing, products and
bank governance.
. Reported directly to Bank CEO, participated in strategic planning
and budgeting.
. Position was co-funded by the German Department of State as an
integrated banking expert.
INTERNAL CONTROLS CONSULTANT 2007 - 2008
Greenwood, South Carolina - June 2008 - October 2008
. Performed a multi-dimensional, enterprise-wide risk assessment for a
community bank to determine areas of weakness and needing management
focus. Recommended changes to departmental reporting structures, policy,
compliance oversight procedures, staffing and training.
. Designed a risk based annual audit schedule, an audit policy and Sarbanes-
Oxley-based templates for internal audit department use.
. Reviewed and made recommendations to credit risk management systems,
including documentation quality control, approval structure and
reporting, policy, regulatory accounting issues, risk grade definitions,
and strategies for overhauling the loan operation functions.
Irbil, Iraq - April 2008 - May 2008
. Short-term contract assignment funded by USAID for a micro bank
conducting small and medium enterprise lending in Irbil, Iraq. Retained
by a Washington, DC-based non-government organization (ACDI/VOCA);
trained the internal Auditor on risk based auditing concepts, investor
compliance, credit analysis, loan review, as well as fraud detection
techniques.
. Coached local management on cohesive credit risk for financial management
of the loan portfolio.
. Demonstrated uses of Risk Assessment methodology for improved
profitability and efficiency.
. Conducted comprehensive risk management seminar for local and
international management.
. Reviewed all policies to coordinate enterprise wide integration.
Irbil, Iraq - July 2007 - August 2007
. Provided technical assistance to a USAID funded micro bank conducting
small and medium enterprise lending in Northern Iraq. Consulted for the
grant administrator, advised senior management and the internal auditor
on optimizing internal controls.
. Assessed systems, operating procedures and constructed a comprehensive
action plan.
. Created and delivered an internal audit policy, a risk management policy
and appropriate procedures.
. Mentored and formally trained internal audit staff on job functions,
compliance and investigations.
. Designed a risk assessment template for all facets of line operations.
FREMONT BANK
2002 - 2007
Fremont, CA
Administrative Auditor - November 2003 - January 2007
. Effectively conducted corporate, compliance, fiduciary, and operation
audits for the Bank.
. Conducted annual FDICIA testing for most units of the Bank. Focused on
anti-money laundering compliance and enterprise wide risk management.
. Reported to the Board of Directors, using Sarbanes-Oxley methodology to
test internal controls for accurate financial reporting, proper
recognition of revenue and expenses.
. Tested systems, policies, procedures, back office functions and the loan
portfolio for compliance, safety and soundness as well as best practices,
contributing to financial stability and continued growth.
Credit Risk Manager - June 2002 - November 2003
Managed $600M loan portfolio of business and commercial real estate
loans insuring loan quality and compliance requirements.
Managed a staff of credit analysts and loan processors, including
training in loan fraud detection.
Successfully reviewed all business loans for compliance with
internal loan policy and governmental regulations, monitored all
asset based loan relationships for financial and covenant
compliance, and reported to senior management on real estate trends
in the Bay Area, providing strategic planning for economic cyclical
impacts.
BANK CONSULTANT
2000 - 2002
Berkeley, CA
. Created an innovative anti money laundering training program for
bank lending personnel; blending financial statement analysis
concepts with related bank transactions to gain a global view of the
client's financial and operational transactions. Researched
convictions and interviewed appropriate federal law enforcement
personnel about bank and governmental investigative techniques.
. Performed Accounts Receivable ("A/R") audits/investigations for
customers of Northern California lending institutions including
veracity of stated A/R and mitigated client's exposure to cross
agings, delinquent accounts, inter-company or affiliate receivables
and vendor offsets. Reviewed the debtor's General Ledger for
inconsistencies or misrepresentation with their Financial Statement
and Borrowing Base Certificates.
. As an intern, provided guidance to a non-profit organization
administering worldwide micro finance programs to enhance fraud
detection in their MIS to prevent internal defalcation.
. Visited Bishkek Kyrgyzstan for a USAID-sponsored organization to
train bank personnel conducting small and medium enterprise lending
on strengthening their credit risk management systems. Mentored
loan officers on western credit methodologies, fraud detection, loan
collection strategies. Provided samples of standard loan proposals,
commercial and real estate collateral evaluation and demonstrated an
improved Loan Loss Reserve analysis. Demonstrated methodologies and
techniques for responding to their bank regulators.
LIPPO BANK
1996 - 1999
San Francisco & Los Angeles, CA
Vice President, Credit Administration Department
. Provided leadership for improving the credit culture of the South
East Asian oriented trade finance bank, analyzed small business loan
portfolio and managed statewide problem loans, which resulted in a
significant reduction in loan classifications.
. Mentored loan officers on credit administration procedures and
developed and expanded back office functions which reduced loan
processing and approval time.
. Resolved a forensic accounting case of loan fraud, which resulted in
a 65% recovery. Detected and prevented a six figure check kiting
exposure. Improved regulatory loan examination compliance by 100%.
Reduced non-performing loans from 22% to 3% in eight months.
. Collaborated with local bank colleagues and federal law enforcement
on a vexing and unique international loan fraud case involving four
countries and false maritime documentation.
. Responsible for all loan document production and covenant
compliance. Performed monthly analysis of the adequacy of the Loan
Loss Reserve. Chairperson of the Risk Rating Committee (internal
oversight for loan quality).
UNION BANK 1993 - 1995
San Francisco, CA
Vice President, Special Assets Department
. Managed the workout of complex commercial business credits for
maximum recovery of assets, which resulted in improved
profitability.
. Negotiated and recommended resolutions to distressed commercial
loans from the bank's Northern California middle market lending
units leading to reduced loan classifications. Resolved a $6
million relationship with significant lender liability in 6 months,
receiving payment in full and a General Release.
. Specialized in politically and legally delicate problem loan
relationships.
BANK OF THE ORIENT 1985 -
1993
San Francisco, CA
Vice President, Loan Administration - 1989 - 1993
. Reviewed all branch loan proposals for credit quality, assessment of
risk, and adherence to the Pacific Rim oriented bank's lending
policies leading to increased loan quality.
. Participated as an advisory member of the bank's Loan Committee,
responsible for the stateside management of the Guam Branch loan
portfolio, and monitored the Loan Loss Reserve Level yielding improved
oversight and a reduction in regulatory criticism.
. Ensured that approved loans were properly structured and documented
while implementing changes to the lending culture of the organization
that allowed the bank to expand without governmental restriction.
Provided leadership on training issues with lending personnel for due
diligence and account management techniques contributing to a more
stable credit environment and pro-active credit culture.
Assistant Vice President & Manager - 1985 - 1989
Loan Adjustment Department
. Managed asset liquidations including foreclosures of real property and
sale thereof.
. Responsible for the improvement of the loan portfolio from intense
regulatory scrutiny to a well-managed and healthy asset. Mentored loan
personnel in fraud detection and money laundering.
. Detected and prosecuted several large Asian organized crime operations.
. Reduced substandard classifications by 80%, which led to a direct
increase in profitability.
. Spokesperson for loan examinations with State and Federal banking
authorities.
EDUCATION
- Bachelor of Arts, Political Science/Latin American Studies, Covell
College, University of the Pacific
- Business Mediation Certificate, University of California, Berkeley
- Micro Finance Certificate, (CGAP) Naropa University, Boulder, CO
- Black Belt, Cuong Nhu Karate, Berkeley, CA
- Emergency First Aid, American Red Cross, Oakland, CA
- Hostile Environment Awareness Training, T.O.R., Kabul, Afghanistan
LANGUAGES
- English & Spanish
References available upon request.
Salary history available upon request.
Duston L. Richards
1529 Acton Street
Berkeley, Ca. USA 94702
510-***-**** *********@***.*** DustoninKabul ( Skype )
September 26, 2010
Habitat for Humaity
Via Email
RE: Internal Controls Manager, AP
Dear Sir or Madam,
I am submitting my CV in consideration for the Internal Controls Manager
position as found on the Reliefweb site. I have over 30 years experience
in credit risk management and internal controls in ethnic Community Banks
in San Francisco as well as international development finance. I have
cross cultural skills and have worked in Guam, Kyrgyzstan, Iraq and
Afghanistan. My Bachelors degree is in Latin American Studies, speak
nearly Spanish, have a MicroFinance Certificate from CGAP and recently was
the Country Small Business Lending Manager for a well known bank in
Afghanistan. That assignment ended prematurely due to a terrorist attack
and while recuperating I decided to continue with my lifelong desire to
alleviate poverty, social injustice and increase access to credit for the
under-banked. I remain determined to help those less fortunate than I and
not allow misguided individuals deter or scare me from my commitment.
I bring enthusiasm, integrity, a passion for work, listening and
communication skills with me. I have a unique background and can enhance
the Habitat AP program with the unique and broad internal control
experiences I have gained.
My current position is with ShoreCap Exchange; there are four weeks left on
a Risk Management consulting assignment in Pakistan and I need until Nov 15
to be again ready for a challenging and rewarding position.
Please contact me at *********@***.*** if you have any questions or need
further information.
Best Regards,
Duston Richards
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