PATRICK BURNS *** Alberon Drive
Park Ridge, NJ **656
Tel: 201-***-****
*******@*******.***
PROFILE
Financial services professional with expertise in leasing, portfolio
management, asset management and relationship development. Long term track
record of customer focused leadership in diverse organizations such as The
CIT Group and Citicorp. Experience includes management roles with SBUs in
Asia Pacific, Canada and Europe.
CORE COMPETENCIES
. Portfolio risk and collateral quality assessments
. Negotiation and Conflict Resolution
. Residual pricing and transaction review
. Sarbanes-Oxley testing & compliance
. Strategic Planning
. Team and Employee Development
. Comprehensive knowledge of office technology and IT products, vehicle
finance, telecommunications, electronic test and measurement, banking,
graphic arts and healthcare equipment
EDUCATION
. University of Maryland (UC) Master of Business Administration August
2007
. Seton Hall University, S. Orange, NJ Bachelor of Arts, Economics
December 1990
AFFILIATIONS
. Equipment Leasing Association
. National Association of Professional Appraisers
TECHNICAL PROFICIENCIES
. Microsoft Excel, Access, PowerPoint, Project, Business Objects
REFERENCES
. Available upon request
Century Tokyo Leasing (Isuzu Finance of America), Purchase, NY...January
2007 - Present
Vice President - Operations
Responsible for all operational functions of the business including
portfolio management and originations. Oversight of collections,
equipment management, customer service, application processing,
documentation, booking, funding and sales/property tax.
. Developed, implemented and evaluated all processes including policies,
procedures and practices.
. Identified the appropriate metrics and data needed to track, analyze
and evaluate current departmental processes for effectiveness.
. Ensure improvements are identified and implemented as necessary to
reduce delinquency and improve production and workflow.
. Accountable for training new and existing employees to ensure a
thorough understanding of department objectives and responsibilities
relative to company goals, cross-training employees to ensure
effectiveness and continuity of service to internal and external
customers.
The CIT Group, Livingston, NJ
August 2003 - August 2005
Assistant Vice President -
Agilent Financial Services and Technology Leasing Services
Responsible for residual risk analysis, transaction pricing and bid
review as well as the integration of equipment management operations with
credit, finance and sales teams.
. Budgeted annual end of lease revenues, conducted monthly forecasts and
weekly flash analysis to monitor program metrics
. Developed team responsible for identifying end-user leasing
originations for refurbished equipment as well as lease extensions and
re-writes from existing portfolio of customers
. Restructured vendor program agreement to improve transaction flow,
increase remarketing sales/profitability and reduce inventory turns
. Partnered with vendor to identify key product opportunities and
develop offerings to grow end-user placements without increasing
portfolio risk
. Facilitated development of internet tools to enhance information
sharing with vendor and strategic business partners
. Consolidated outsourcing arrangements, renegotiated fee arrangements
and authored remarketing and service level agreements with internal
and external business partners
Citicorp Vendor Finance (f/k/a Copelco Capital), Mahwah,
NJ 1992-August 2003
Assistant Vice President - Asset
Manager 2000-2003
Responsible for the equipment management operations of the Business
Technology Group inclusive of:
. Vendor contact point for non-standard upgrade and lease termination
quotes
. Performed annual asset quality and dealer performance reviews
. Residual pricing and collateral valuation
. Inventory management and end of lease renewal programs
. Equipment audit and impairment write-downs
Asset Manager - Major
Accounts 199
6-2000
Newly created position responsible for managing key account
relationships.
. Coordinated recovery of leased equipment from end-users and vendors
. Managed equipment warehousing, sales and secondary marketing
relationships
. Negotiated lease terminations, equipment sales and renewal with
customers and vendors
. Developed Personal Property Tax Recovery Unit and reduced outstanding
tax exposure on closed accounts by 40% from 1998-2000
Portfolio
Manager
1994-1996
. Ensured timely and complete payment of accounts receivable
. Structured repayment schedules for delinquent accounts
. Developed internal Small Claims litigation process to increase
recoveries and lower costs
Legal Portfolio
Manager
1992-1996
. Managed litigation and bankruptcy matters through closure utilizing
assigned outside counsel and recovery agencies
. Served as corporate representative at depositions, mediations and
trials