Darren Frank 516-***-**** ac49hy@r.postjobfree.com LinkedIn Profile

Chief Operations Officer (COO) Business Execution High-Performance Team Build & Management

Lateral thinker and champion of change with 15 years of progressive global experience in fast-paced, deadline driven environments (incl. investment banking/financial services & real estate investment/venture capital), building/managing multi-discipline teams across diverse initiatives, promoting collaboration, developing/optimizing controls, front to back processes and IT solutions, and building/upgrading infrastructure to support/achieve long-term organization productivity/scalable growth.

Detail-orientated, analytical decision maker and leader, recognized for driving strategic direction, tactical execution, and business mandates proven to reduce costs, ensure compliance, and promote efficiency. Recognized for outstanding written and verbal communication and interpersonal/presentation skills, with the ability to build relationships across diverse orientations.

Expertise: Business Strategy/Analysis & Planning Resource Management/Training Regulatory/Compliance/Legal

Financial Management Budget/Risk/Project Management Contract/Fee Negotiation Accounting/Audit

Valuation/Control Client/Vendor Relations Cost Savings Business Management Performance Management

Commercial/Residential Real Estate Securitizations Equities Credit Pool Repo FX Mortgages

Experience & Key Contributions

Deutsche Bank – New York, NY/London, UK 11/2009 – Present

Vice President Deputy Head Consumer Relief Independent Review Group (IRG) 06/2017 – Present

Facilitate all decision making for mortgage origination/loan modification program, influence strategic direction taken, and oversee execution with servicers. Accountable for selection/onboarding and supervision of 3rd-party service providers and budget.

Develop/design definitions/process flows and testing protocols for entire suite of mortgage originations/modifications.

Govern relationship with senior level executives, including divisional heads in Finance/IT/Operations/HR & Vendors.

Procured 50% decline in vendors’ standard rates and additional 25% cut in banks’ negotiated rates via creating Consumer Relief Independent Review Group (IRG) that involved execution of Master Service Agreement and Statement of Work plus negotiating protocols with DOJ, all of which will form foundation for future consumer relief credit claims.

Vice President Chief Regulatory & Control Officer Product Control Americas/ 06/2015 – 06/2017

Regional Head of Finance Product Control Risk/P&L for Global Foreign Exchange (GFX)/

Pool/Repo/Listed Derivatives & Clearing Business

Piloted multiple teams concurrently in supporting adoption/ongoing adherence to U.S. regulations, and independent review/ reporting of daily P&L/risk/P&L attribution (including Bangalore service center), and financial records. Directed process re-engineering initiatives and realigned controls/rollout of IHC VaR back-testing. Represented Finance in CCAR workstreams. Fostered relationships with auditors and regulators, provided guidance on compliance and oversaw implementation of changes.

Served as global lead on issues raised by U.S. regulators with governance of remediation efforts/corrective action plans.

Enhanced efficiency and resiliency by restructuring team, redefining their locational footprint to maximize cost-effectiveness and reinforcing controls, which upgraded KPIs by ~51% and minimized risk and P&L rejections.

Ensured firm compliancy having directed adoption of Volcker rule, CCAR rollout, U.S. Basel III, and Intermediate Holding Company (IHC). Deployed enhanced Volcker Finance operating model proven to reinforce governance structure and control infrastructure.

Vice President Finance Program Manager Model Risk Management (London, UK) 01/2013 – 06/2015

Led design/development and implementation of Model Risk control program across Corporate Banking and Securities globally (business-side), which entailed IT implementation, design of policies and procedures, governance frameworks, and building team to support monitoring/reporting of model usage and exceptions.

Secured ~$7 million of funding for development and resources, unanimous support from numerous regulatory bodies, and was instrumental in bank successfully passing its inaugural European Central Bank Asset Quality Review (AQR), thus reaffirming adequacy of its capital levels.

Vice President (2012) Market Conformity Control Program Head (London, UK)/ 11/2009 – 12/2012 Product Control Manager – Structured Credit/Equities Deal Review X-Book Remediation Program Head

Steered market data/licensing, in-scope transactions, closure of audit/regulatory findings, reporting of daily risk/P&L, exotic equities deals, month-end financials, reinforcement of control framework, and day-to-day operations of teams (U.K./Philippines). Led tactical/strategic remediation and efficiency initiative for risk/P&L. Defined/managed book of work/IT budget, and IT prioritization.

Realized 11% cost savings, 88% reduction in outstanding reviews, 50% improvement in quality/workflow, and a notable decrease in audit/regulatory findings (closed 22 findings) having led Market Conformity Control that entailed negotiating multi-million dollar contracts, establishing licensing agreements/multi-million dollar budgets, and roadmap for function.

Additional

Experience:

Education:

Designation:

Memberships:

Credit Suisse – London, UK Assistant Vice President in Structured Credit Valuation Group

Zambli 146 Pty Ltd. (Blue Label Investment Group Subsidiary) – Johannesburg, South Africa Financial Manager

Grant Thornton – Johannesburg, South Africa Audit Supervisor

Bachelor of Commerce (BCom) Accounting/Audit/Finance & Taxation

Bachelor of Commerce (BCom) (Honors) Accounting/Audit/Finance & Taxation

Chartered Accountant (CA) – South Africa Certification: Theory of Accounting

Association of Chartered Accountants Golden Key International Honor Society

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