Manager Management

Joseph T Kuriger, Jr., MBA

**** **** ********* *****, **********, PA 18976

E-mail ********@*******.*** /

215-***-**** (cell)

Summary of Qualifications:

. Twenty six years of progressive financial, banking, treasury, and capital

markets experience in asset/liability management, liquidity, funding,

treasury, risk management and operations

. Managed a CDO business unit and a secondary marketing mortgage unit, with

P&L responsibility

. Managed share repurchase programs, debt issuance, dividend payments

. Managed corporate wide risk strategy and mitigation (interest rate,

liquidity and FX)

. Participated in restructuring a firm (ABFS) under Chapter 11. Direct

reporting relationship to the restructuring officers from Alvarez &

Marsal. Managed DIP (debtor-in-possession) facility (ABFS)

. Participated in restructuring an asset management firm outside of Chapter

11 during mortgage credit crisis (Luminent). Managed outside counsel on

deal review and litigation.

. Managed back office operations - securities and deal settlements

. Participated in M&A activity for both acquisition analysis and

integration from an ALM perspective

. Managed insurance - Directors and Officers policy, as well as all

liability policies

. Negotiated and managed letters of credit, banking agreements, credit

agreements and workouts

. Managed staff training and development, collateral operations, A/P and

A/R

. Participated in marketing the firm to investors (debt and equity)

Professional Experience:

Thompson, Cobb, Bazilio & Associates

4/2010-Present

Focus Management Group

2009-Present

Consultant

. Serve as a senior asset manager to subsidiaries of failed financial

institutions, to include asset management, corporate governance and

operations management. Concurrently working on three institutions.

. Pro Forma (balance sheet verification and assessment) work for a large

financial institution. Assigned jackets across various balance sheet

accounts. Significant previous exposure to Asset/Liability Management,

allowed focus to be directed to the FDIC process, and apply that to the

jacket for the required deliverables. Subsequently assigned two

additional jackets to help facilitate completing the engagement. Provided

assistance to others in completing jackets specific to derivatives

(swaps, caps. etc.). Presented more complicated cases to the FDIC Finance

manager.

Luminent Mortgage Capital, Inc., Philadelphia, PA 2005-2008

Senior Vice President, Treasurer / Asset-Liability Management

. Managed the treasury and funding function for an asset management REIT

with several subsidiaries and an $8.5 billion balance sheet. Coordinated

daily cash management and operations. Developed treasury department

policies, procedures and controls.

. Implemented a 120 day and 2 year monthly cash flow projection, to

establish a capital and liquidity management process, and develop

operational strategies to minimize funding cost and risk.

. Broadened the financing platform to facilitate asset growth. The platform

was previously reliant on the repurchase agreement market for well over

90% of the firm's funding. After completing the diversification, the

volatile repurchase agreements represented less than 25% of the liability

platform and overall funding costs were reduced by 6%.

. Monitored ALM and capital management, and coordinated the funding and

short term investments for the firm on a daily basis. Evaluated long term

credits as part of the investment committee. Negotiated and managed

credit facilities and all debt related covenants as well as treasury

Sarbanes Oxley compliance.

. Established multiple banking, brokerage and insurance/risk relationships

(primarily Directors & Officers and liability). Held D&O costs stable in

a period of rising premiums.

. Negotiated and managed a $1 billion dollar single seller commercial paper

program for AAA RMBS securities which employed an innovative market value

swap, in lieu of backup liquidity lines and higher haircuts seen on

traditional commercial paper programs.

. Established a unit to utilize the CDO market to raise capital, mitigate

interest rate risk and match fund our mezzanine RMBS portfolio. Hired

staff, implemented systems and established investment banking

relationships. Co-Managed the business with the VP/CDO Manager. Prepared

budgets/ forecasts and managed to a 3 year plan.

. Participated in presentations to Board of Directors, shareholders,

investors and the several rating agencies on a regular basis. Marketed

the firm's structured finance transactions, both domestically and

internationally.

American Business Financial Services, Inc., Philadelphia, PA (Sub prime

lender) 1999-2005

Vice President - Treasury, ALM and Liquidity Management

. Managed the treasury operations, including multiple banking

relationships, for a sub prime mortgage lender with several subsidiaries.

Established and maintained investment banking and credit relationships.

Managed covenants and compliance.

. Developed liquidity/cash management policies and operational procedures.

Utilized internal and external software packages to increase cash

security and reporting. Monitored all wire, ACH and positive pay

activity. Coordinated accounting and audit work for treasury related

activity. Provided daily capital markets analysis and advice to executive

management.

. Participated in the analysis and recommendation of financing structures

for the firm's quarterly securitization activity, as well as negotiated

whole loan sales.

. Developed appropriate hedge strategies for the mortgage pipeline and

anticipated securitizations. Tracked hedge sensitivity and assisted in

the implementation of FAS 133 reporting.

. Supervised the short-term borrowing and investing activities. Facilitated

changes in the borrowing process to reduce interest expense. Forecasted

and managed daily and long-term cash flows. Supervised the daily

electronic funds transfer activities.

Strategic Solutions International, Landenberg, PA 1998-1999

Regional Manager

. Responsible for lead generation and sales follow through in the Northeast

corridor for a consulting group. Developed sales strategies and

presentations to meet client objectives

CoreStates Mortgage Services Corp., Philadelphia, PA (Commercial & retail

banking) 1985-1998

Vice President/ Mortgage Pipeline Risk Manager - ALM/Treasury (1994-1998)

. Responsible for securitizing mortgage production (FHLMC, FNMA, Private

Investors). Annual originations of $750 million. Exceeded profit target

for four consecutive years.

. Managed interest rate risk and hedged the sale of originated loans.

Established daily pricing to meet profit and origination targets.

Securitized and sold portfolio loans

. Priced and recommended the purchase and sale of servicing portfolios.

. Developed brokerage and financial institution contacts and established

internal lines of credit.

Assistant Vice President - ALCO/Treasury (1990-1994)

. Integral part of team responsible for managing the interest rate and

liquidity risk for the corporation and its subsidiaries. Assets in excess

of $10 billion. Member of the due diligence team for bank merger and

acquisitions activity.

. Forecasted balance sheet activity through communication with the line

units. Modeled cash flows for loans, credit cards and deposits with

defined and undefined maturities.

. Developed interest rate strategies with on and off balance sheet

products, including derivatives (Swaps, Futures, Options) to offset

interest rate and FX risk incurred by the business units.

. Reported interest rate risk position to executive management and the

Board of Directors.

Assistant Vice President - Capital Markets Controller /Treasury (1985-1990)

. Responsible for the financial planning and analysis for the bank's

Treasury group and integrated line unit budgets into corporate liquidity

budget.

. Prepared 1 and 5 year budget and reviewed financial performance,

including net interest margin, for a unit with annual operating expenses

of $2 million and total assets of $2 billion.

. Monitored and reported investment portfolio activity to executive

management and the Board of Directors.

. Developed operating procedures to ensure the integrity of the group's

activities.

DiNatale and Associates, Philadelphia, PA - Public Accounting & Tax 1982-

1985

Education:

Temple University, Philadelphia, PA

Master's of Business Administration, Finance, 1991

Bachelor's of Business Administration, Accounting, 1982

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