Vice President Management
Resume:
DIAN M. DUCEY
Fort Lee, New Jersey 07024
******@**.**.***
STRATEGIC FINANCIAL CONTROLLER
Finance Manager who effectively partners with Operations/IT and
successfully implements strategic initiatives, including outsourcing
alternatives, resulting in cost savings and improved product
profitability. Reviews business operating processes and related vendor
contracts, creates related cash flows and make recommendations in
efficiencies which produce savings that impact the bottom line. Strong
background in financial controls to ensure compliance with audit and SOX
requirements.
Key competencies are:
Strategic Planning Balance Sheet Management Treasury
Budgeting Internal Controls Portfolio Management
Forecasting Sarbanes Oxley (SOX) Credit/Commercial Lending
Financial Reporting Unit Costing Real Estate/Alterations
PV Cash Flow/FASB 95 IT Finance - S/W, H/W Fixed Assets/Capital Plan
Outsource Business Infrastructure Finance - - IFRS/GAAP
Processes Servers, Telecom
PROFESSIONAL EXPERIENCE:
DEUTSCHE BANK, New York/New Jersey locations
1997- 2008
Vice President, Global Technology & Operations - Americas Regional BAC
Coordinator; Validation & Controls - Balance Sheet & SOX Coordinator (2007-
2008)
Coordinated America Regional financial issues for Global Technology &
Operations (GTO)/Investment Banking Operations (IB Ops)/Structured
Operating Model (SOM) businesses.
. Significantly reduced balance sheet exposure for Global Technology &
Operations sector through monthly Balance Sheet Management Review to meet
timely deadline and to ensure account substantiation.
. Coordinated Sarbanes Oxley (SOX) Americas Balance Sheet reviews as
moderator. Ensured compliance for GTO sector as workflow owner of Global
SOX documentation/process flows for both internal/external audit
evaluation.
. Significantly reduced Intercompany Aging Payable/Receivable balances
generated from global project allocation system (BEN) by monitoring cash
collections. Action plan resulted from participation in Intercompany
Task Force.
Vice President, Controller-CFO, DB Global Processing Services; Business
Area Controller for Personal & Corporate Banking (1997- 2007)
Managed successfully the DB Controller functions for the Americas Personal
& Corporate Banking (Check Processing, Accounts Services, Liquidity, High
Value Payments, IT Application Development) and COO business lines. As
Global CFO and Controller for DB, managed $60M budget for Global Processing
Services Operations and IT departments. Self starter for implementation of
new processes due to dissolution of joint venture.
Implemented new month end closing procedures and created first full year
forecast model at DB Global Processing Services within one month after
joining the organization. Created annual budget within one month after
full year forecast. (DB Global Processing Services was formerly part of a
joint venture with First Fidelity, dissolving in 1996).
Directly managed full year forecast and annual budgets of all Operations/IT
and telecom software, hardware, equipment leases and related maintenance
contracts. Negotiated jointly with Operations/IT vendor contracts.
Centralized all assets in the fixed asset ledger to be accurately assigned
to the products they supported.
Created/monitored annual capital plans and their related expense impact to
reflect timing of IT projects; partnered with IT Department and Project
Management for timing of spending.
Prepared Cash Flow and related financial impact schedules for outsourcing
of the Check/Lockbox products to EDS in 2002 (estimated project ROI of 24%
or $10 million) and in sourcing of Check products in 2006. Successfully
outsourced functions supporting the front office initiative to expand to a
national platform.
6. Prepared ad hoc financial and related headcount impact schedules for
Operations/Front Office initiatives including Check 21 Reengineering
Strategy. Projected savings are: 44% in RTB expenses over 6 years, 49%
in headcount, 51% in operating costs for premises, 35% positions to be
migrated overseas, 70% in transportation costs.
7. Prepared, presented and led interactive discussions for "Cost Summits"
at DB Global Processing Services. Outcome resulted in clarity of product
profitability including activity based costing drivers. Participants
included Sales, Product Management, Operations and IT.
Prepared over 10 Investment proposals including cost benefit analyses for
approval by Investment Governance; topics included New Business and Product
expansion, Infrastructure upgrades for Image Archive/Y2K/ DRP, and Real
Estate Space Renovation Investment Proposals.
Provided expense projections for P& L Profitability study for all DB/GPS
Products & Services; facilitated financial objectives of the Product
Advocacy Teams in conjunction with Check Operations/Accounts Services
Strategies.
Prepared and developed Capacity Model for 3 functional workflows in Global
High Value Payments; Models were implemented globally to verify levels of
headcount based on current volume levels.
Managed financial activities for Americas Personal & Corporate Banking
(P&CB)/COO including Monthly Flash, Accruals, Full Year Forecast and Annual
Budget Plan.
Created accounting processes and related templates as Business Area
Controller for Personal and Corporate Banking for month end closings.
Processes were successfully outsourced to smart-source location in Deutsche
Bank; templates were implemented across multiple franchises within the
Global Technology & Operations division.
FLEET BANK, N.A., Jersey City/Glen Rock, New Jersey
1994-
1997
Assistant Vice President, Communications Coordinator - Consumer Banking
(1996-1997)
Initiated and developed monthly update to advise senior management on the
progress of the ongoing Fleet integration. Updates included performance
highlights, forecasted balance sheet and income statements, current and
upcoming Strategic Initiatives.
Assistant Vice President, Financial Analyst - Commercial Services Division
(1996)
. Performed in-depth financial and cash flow analysis to assist portfolio
and relationship managers in assessing customers' ability to meet debt
service; determined profitability margin of total customer relationship
from pricing model based on all services rendered for the client.
Assistant Vice President, Division Coordinator - Commercial Banking Sector
(1994-1996)
(formerly NAT WEST BANK, N.A)
. Managed in newly created position as chief of staff for Northern New
Jersey division of commercial banking, needed to coordinated customer and
employee communication and marketing events sponsored by bank.
. Prepared financials and various marketing strategies for New Jersey
Strategic Business review project required by the Executive Committee to
determine investment in the New Jersey marketplace.
EDUCATION: Mount St. Mary's University, Emmitsburg, Maryland - B.S.
Accounting
BAI Graduate School of Bank Financial Management - at Owen
Graduate School of Management - Certification
NYU School of Continuing Education - Financial Markets
Fleet Bank - Credit & Risk Training Program - Certification
COMPUTERS: Microsoft (Excel <Pivot/Vlookup Tables>, Word, PowerPoint,
Visio, Access), SAP, Essbase, BEN, BW, Cognos, Advent.
AFFILIATIONS: Who's Who in Executives and Professionals; Member of Women on
Wall Street (WOW)
Member of Financial Executives Networking Group, Bergen County FENG,
Financial Executives International
Volunteer - Shelter our Sisters, Bergen County non-profit,
Hackensack, NJ
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