Project Manager Management

MICHAEL (MICK) D. WOLTERS

***** ***** **** *****, ****, Ohio 44011

Cellular: 216-***-****

E-mail: abnmjq@r.postjobfree.com

CAREER SUMMARY

Nine years of financial analysis experience including seven years exclusively in Corporate Treasury. Currently serve as the

Treasurer’s senior treasury analyst focusing on daily funding/investment strategies, management of all cash operations,

liquidity management reporting, net interest margin/nominal spread trend analysis, monitoring of the investment portfolios and

derivative instrument valuations, and regulatory reporting. Expertise in treasury analysis and reporting, cash management,

treasury operations management, account reconciliations, and internal/external audits. Skills include:

• cash flow and debt forecasting/modeling

• management and execution of overnight/term loans and investments

• very detail oriented and superb in working against strict deadlines

• preparation and presentation of monthly asset/liability reports

• consolidation of monthly and quarterly data into concise management reports

• FDICIA/Sarbanes-Oxley reporting and compliance

• peer group/competitive industry analysis

• resourceful, analytical, and determined to identify opportunities and implement enhancements to existing strategies

and systems

• strong proficiency in Microsoft Office and working knowledge of Bloomberg Financial software

PROFESSIONAL EXPERIENCE

AMTRUST BANK – Cleveland, OH September 2005 - current

Privately held savings and loan - $12 billion in assets

Senior Treasury Analyst / Cash Manager / Bank Officer, Corporate Treasury, September 2006 - current

Primary responsibilities include: daily borrowings, investments, and interbank Federal funds trading. All cash management

functions including forecasting, management, and reporting of debt payments for AmTrust Financial Corp and subsidiaries.

Monthly asset/liability management and deposit activity reporting. Assisting Corporate Accounting with reconciliations, cash

transfers, and month-end results. Drafting of policies and procedures involving the bank’s investment activity, interbank

liabilities, and liquidity risk management. Completion of ad hoc projects including presentation of bank’s financial data to debt

rating agencies, assisted Treasurer in the creation of new Funds Transfer Pricing methodology across several bank lines of

business, and provided analysis to the Chief Financial Officer for capital management strategies.

• Primary bank contact with funds brokers in purchasing and/or investing overnight funds. Senior trader in the

execution of interbank advances and/or investments of up to $4 billion in overnight/term funds. Established and

maintained rapport with funds brokers resulting in the development of new credit lines from correspondent banks.

Implemented rate-conscious funding and investing strategies saving the bank $250K/year in interest expense and

improving investment returns by $1.5M/year. Worked with the Enterprise Risk Director in revising credit limits

and establishing emergency credit lines to prevent account overdrafts.

• While maintaining all current responsibilities, accepted additional accountability as Interim Manager of Treasury

Operations Department from Oct 2007 – May 2008 and Jan 2009 – June 2009. Reviewed all daily account

reconciliations, enacted departmental responsibility changes, and tracked all operational tasks to verify that assigned

duties were being completed promptly and accurately. Worked extensively with Operations staff to improve

promptitude and accuracy of margin call wires and pledging of security collateral resulting in stronger business

relationships with correspondent banks. Managed all debt payments executed by the wire department. Assisted

Treasurer in the hiring of a Treasury Operations Manager, participated heavily in the training of the new manager, and

developed cross-training within the department to improve efficiency, accuracy, and accountability.

• Project manager for bank audits responsible for coordinating with department directors, legal counsel, mortgage

operations departments, and IT to assemble and organize an extensive amount of data and to present it in a clear

format. Chaired meetings and facilitated conference calls to address audit follow-up questions. Point person for the

Chief Financial Officer and Treasurer with data requests from bank regulators and auditors.

Michael (Mick) D. Wolters, Page Two

Cellular 216-***-****

• Spearheaded project in conjunction with the Chief Accounting Officer and Treasurer to develop hedge accounting

documentation and procedures for swap regression testing which successfully met all regulatory requirements.

Conducted the monthly statistical analysis and reporting of interest rate swap activity.

Treasury Analyst / Funds Trader, Corporate Treasury, September 2005 – August 2006

• Developed new cash management processes to improve cash flow projection accuracy and to account for all cash flow

sources. Automated existing cash management workstation spreadsheets to improve reporting accuracy. Created and

maintained monthly reports depicting the bank’s short-term borrowing activity levels. Prepared analysis for senior

management detailing reductions in interest expense via market-timing strategies. Chief analyst in projects comparing

the bank’s quarterly profitability and earnings metrics to peer banks.

• Project manager in the redesign of management information tools accounting for the bank’s options and futures

trading. Worked with the Treasury Operations Department and Capital Markets to learn the bank’s procedures and

accounting details for this line of business. Overhauled existing spreadsheets to improve reporting accuracy and

overall usability. Trained Treasury Operations staff on all new procedures. Reduced overall time to complete daily

accounting tasks from four hours to one hour.

CHARTER ONE BANK, N.A. - Cleveland, OH August 2000 – August 2005

Publicly traded bank - $40 billion in assets

Cash Management Analyst / Funds Trader, Corporate Treasury, September 2002 – August 2005

Responsible for all aspects of daily cash management, bank account analysis, general ledger reconciliations, and Federal funds

trading of up to $2 billion in overnight funds.

• Managed cash flows within the bank to determine the daily cash position. Strategized and implemented the

borrowing of funds from various sources at the most cost effective rate or invested excess funds at the highest rate of

return available.

• Created and maintained cash flow projections and worked with senior management to coordinate billion

dollar borrowings/investments with security sales/purchases.

• Monitored all fund activity at the bank’s primary account at the Federal Reserve Bank including daylight

overdrafts and managing cash flows.

• Prepared monthly trading performance reports illustrating the bank’s borrowing/investment rate consistently

beat the market Fed effective rate reducing interest expense and maximizing returns.

• Furnished quarterly regulatory credit risk reports complying with FDICIA/Sarbanes-Oxley internal controls.

• Assisted in the development and maintenance of asset/liability management projects involving Bloomberg

Financial software.

• Updated all cash management policies and procedures.

• Principal contact responsible for working with counterparts at Citizens Bank to ensure successful conversion

of all cash management functions during bank acquisition in 2005.

Loan Coordinator, Direct Banking Unit, May 2001 – August 2002

Loan Closing Specialist, Specialty Lending Department, August 2000 – April 2001

EDUCATION

Master of Business Administration candidate (2008), Cleveland State University, Cleveland, OH

Post Baccalaureate classes – Accounting (2001-2002), Cleveland State University, Cleveland, OH

Master of Education (1998), Cleveland State University, Cleveland, OH

Bachelor of Science (1994), Indiana University, Bloomington, IN

St. Ignatius High School (1990), Cleveland, OH

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