Finance director / CFO

KEVIN F. MURPHY

linkedin.com/in/kevinfmurphy** 347-***-**** **********@*****.***

SUMMARY

Finance director/CFO with banking and financial services industry experience within multinational matrixed organizations. Trusted advisor to business heads, COOs and CFOs delivering quality results while demonstrating the highest levels of integrity, dependability and respect for colleagues. Consistently able to simultaneously drive multiple assignments/projects and effectively prioritize to meet deadlines. Establishing lasting partnerships and trustworthy relationships by collaboratively working are essential to achieving success.

Financial Reporting, Forecasting, Planning & Analysis

Project Planning & Management of Deliverables

Operational Efficiency & Process Improvement

Team Leadership & People Management/Mentoring

Due Diligence Investigation through to Closure

Client Service & Customer Success

PROFESSIONAL EXPERIENCE

DEUTSCHE BANK, New York, NY 2012 – 2016

Private Wealth Management – Americas

Alex Brown & Sons Employees Venture Fund – Chief Financial Officer (2014 – 2016)

$2M profit from co-engineering sale of a private equity partnership portfolio of funds to third party buyer from investors seeking liquidity; proceeds distributed to 300+ limited partners.

Transfer of ownership required executing Agreement of Purchase and Sale, creating and/or reviewing all financial, legal, compliance and tax documentation, contracts and correspondences, assembling due diligence materials and electronic data room storage of confidential information relating to valuation, sale, transfer and assignment processes; collaborated with in-house and external senior counsels, secondary market placement advisors and partnership fund managers.

Fiduciary controller of Fund, including reconciling escrow and monthly cash flows, responding to client K-1 inquiries; all regulatory, compliance (AML, KYC) and tax filings, including State Street, KPMG, DTCC, IRS and state tax authorities.

Created account statements dating from 2007 for 300+ LPs, providing transparency into individual account activity; including verifying valuations, distributions, and investments sold.

$158K of unclaimed distributions credited to 60+ LPs; thus no escheating of funds.

Ownership of compliance data reported for closure of legacy Alex Brown legal vehicles.

Planning, Forecasting, Reporting and Analysis Co-Head – Director of Finance (2012 – 2016)

Led quarter forecast and annual budget process for revenues, expenses, staffing, investment spend, and Net New Assets.

Supervised three onshore and ten Manila staff for reporting production and QA; critically evaluated KPIs.

Improved month-end reporting quality 11%, through process re-design replaced time-consuming and error-prone manual activities with automated solutions yielding 33% faster production time.

Reviewed and approved Schedule of Services contracts (SLAs) and procedures manuals for outsourced services ensuring compliance from Finance perspective.

Awarded “Good” (highest) rating for internal audit of financial operations unit; no findings/no deficiencies.

Reviewed new products, recommended Finance changes to New Product Approval committee.

Created “Living Will” document for Private Bank - Americas (plan for dismantling in event of crisis).

CITIGROUP, New York, NY

Operations & Technology – Expense Management & Services (2006 – 2012)

Senior Vice President of Procurement – Finance, Analytics and Business Information

Created expense data analytical tools ensuring saves were reported in an accurate and consistent manner, thereby instilling a strong discipline for expense save and cost avoidance reporting and validation; resulting in greater transparency of performance results for Baseline and Strategic Expense Initiative saves.

Originated data analysis highlighting actual/projected spend and expense savings YTD performance compared to Plan, month averages, and forward looking projections to achieve save targets directly supporting and aligned with regional category sourcing teams.

Reviewed requests for proposals (RFP) / sourcing contractual commitments ensuring compliance, recommended Finance changes to sourcing managers.

Created consolidation reporting and analysis of KPI strategic and operating metrics focusing on priority strategic suppliers; analyzed results compared to industry benchmarks and efficiency ratios yielding benefits:

Increased efficiency by 57% decreasing required time for month-end close from 3.5 to 1.5 days.

Prevented overstating earnings by $66M, project reported $19M revenue when generating $19M loss, and non-existent cost reduction savings by $28M (including FX translation impacts of $6M).

Streamlined/eliminated ad-hoc processes collecting off-line spend, savings and contract data by migrating to e-Sourcing database; collaboratively aided in the design of forecast and budget modules.

Private Banking Group Global Wealth Investments (2004 – 2006)

Director and Chief Financial Officer

Communicated regularly with Private Bank Chief Investment Officer and CFO; analyzed Investments revenues and AUM performance (by product: traditionals (portfolios, funds) and alternatives (hedge funds, private equity, real estate); by type: transactional placement and performance and annuity management).

Managed quarterly forecasting and annual budgeting; synchronized efforts with global and regional business teams ensuring coordinated outlooks of product closing and funding dates, subscription/sales volumes, and fee revenues.

ADDITIONAL RELEVANT EXPERIENCE

CITIGROUP

Private Banking Group Global Planning & Analysis (1994 – 2004)

Acting Head, Vice President – Finance; Senior Analyst, Vice President – Finance

Communicated financial highlights to Private Bank CFO and CEO; analyzed product AUMs and revenues (investments, lending, banking, and treasury), expenses and staffing.

Managed monthly forecasting and annual budgeting; synchronized efforts with market region finance teams.

Global Consumer Banking Group (1981 – 1994)

Increasingly responsible roles in financial reporting, budgeting and analysis, and chief-of-staff in business subsidiaries:

New York Banking Division.

Citicorp Travelers Checks (emphasis on Advertising & Marketing promotion and media campaign budgeting).

UNITED STATES DEPARTMENT OF THE TREASURY (1980)

1500 Pennsylvania Avenue NW, Washington DC

Office of The Secretary of the Treasury

Office of Budget and Program Analysis

Assisted with developing line forecasts for federal agencies having Treasury receipt obligations.

Liaised with Office of Management and Budget for annual plan process.

Performed feasibility study examining elimination of one cent coin as a unit of currency.

EDUCATION

Master of Business Administration (M.B.A.) – Finance; New York University - Stern Graduate School of Business, New York, NY

Bachelor of Arts (B.A.) – Economics and Business, minors in Mathematics and English; Lafayette College, Easton, PA

The John H. Allen Prize in Finance – annually awarded by the Department of Economics and Business to the one student judged to have submitted the best written research paper in the field of finance.

Omicron Delta Epsilon Honor Society for Economics.

Dean’s List.

McKelvey Scholars Program – Invitation extended.

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