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Management Director

Location:
Fairfield, CT
Posted:
January 07, 2014

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Resume:

Timothy M. Barney

** ******* **** **** * ? Fairfield, CT 06824 ? 203-***-**** ?

acb05t@r.postjobfree.com

HTTP://WEBPROFILE.INFO/TBARNEY

Global Financial & Project Management

A dynamic executive with proven experience driving optimal financial

performance across the organization, including effectively aligning

resources and positioning the company for maximum growth. Anticipate,

evaluate and understand roadblocks to achieving organizational objectives

and allocate resources to address issues in close collaboration with key

decision makers and stakeholders. Continually review resources, processes

and targets to maintain focus on becoming the best organization in the

market space.

Core Competencies

Restructures / Global Finance / Regulatory Multifunctional

Divestitures Change Leadership

Integrating Technology & Capital & Debt Acquisition / Resource Analysis /

Business Management Allocation

Directing Complex Business Situation & Risk Analysis / Strategic Planning &

Systems Solutions Execution

Professional Experience

BCL Business Solutions, LLC

Fairfield, CT

Co-Chief Executive Officer & Chief Financial Officer (2012 - Present)

A Best Practice Consulting boutique service provider specializing in building

organizational capability and maximizing performance, servicing governmental

and private sector organizations and their employees to improve applied work

flows focusing on enhancing overall efficiency and effectiveness while

executing change management.

Lead Managed Loss Mitigation and Servicemembers Civil Relief Act Independent

Regulatory Mortgage Review of the largest US mortgage lender in participation

with an International Consulting Firm; responsibilities included strategy and

planning, review execution, issue resolution and reporting for over 10 million

mortgage files (Charlotte, NC).

Program managed the IT implementation and mitigation initiatives for a global

news, financial transaction processing and information technology organization

resolving privacy and data management concerns (New York, NY).

DEUTSCHE BANK, NA / UK New York, NY / London,

UK

Managing Director, Finance, North America (2007 - 2011)

Strategic change leader and regional product controller for North America,

overseeing Global Rates, Commodities, Global Funding / Treasury and Foreign

Exchange, as well as Fixed Income Prime Brokerages and Distressed Debt.

. Positioned the company for $84 million in annual cost savings by

performing global current state-expense analyses of IT and human capital

as a part of Financial Accounting and P&L validation reengineering

program.

. Accurately defined future state datasets to redesign and strategically

restructure data, flows and IT-system processing, leading to a global 22%

efficiency benefit and performed detailed risk assessments and control

reviews for 10 mature and three startup businesses, mitigating 30+

control issues during a period of high-trading market volatility.

. Partnered with key business executives to create a support structure for

three startup operations, leading to maturity within two years and

incremental revenue of more than $300 million assuring financial and

regulatory compliance.

. $18 million net cost savings achieved by analyzing Finance team

responsibilities and successfully offshoring 20% of roles to India. And

transferred and integrated more than 160 Finance, P&L, Validation and

Transaction Accounting roles into Operations, leading to a 14% reduction

of redundancies.

Managing Director, Finance, United Kingdom (2001 - 2007)

Global Program Director for Sarbanes-Oxley, directly managing a staff of

125 resources, as well as holding complete responsibility for UK

Controlling (financial and regulatory), leading a team of 300 directs and

400 indirect reports.

. Developed SOX-implementation methodology and managed the global program

rollout covering $1.6 trillion in assets and revenues of $30 billion.

Worked alongside C-level officers and functional leaders on a global SOX

program, personally overseeing a $40 million budget.

. Coordinated the conversion to U.S. GAAP across all U.K. legal entities,

including implementing adjustment review processes permitting the global

company NYSE listing.

. Streamlined the management and organizational structure of 240+ Financial

and 300+ Product Controllers, leading to coverage alignment and the

resolution of 80 internal audit and regulatory issues.

. Reduced necessary resources 12%, delivering a $2.4 million annual savings

by completing a department resource and responsibility review to track

and eliminate non-essential activities and saved $16 million annually by

initiating a strategic review and implementation of financial and

regulatory reporting systems.

Managing Director, Finance, North America (2000 - 2001)

Led the division as Global Business Area Controller for Global Cash

Management and Custody Institutional Services, ultimately accepting a

position in a larger role with Deutsche Bank, UK.

. Partnered with new management to complete a business model and product

profitability review, resulting in a 130% NIBBT increase in one year.

Achieved a $320 million gain on sale by preparing the Global Custody

business for divestiture through detailed financial and pertinent

information due diligence.

. Led multiple due diligence reviews of target company operations,

determining strategic fit and complementary business profiles leading to

no-go decisions.

CREDIT SUISSE FIRST BOSTON New York, NY

Director, Finance (1998 - 2000)

Global Product Controller for Investment Banking and Private Equity

Divisions, leading approximately 60 global direct reports and 500+ product

controllers.

. Successfully implemented a rolling valuation review cycle for a $900

million investment portfolio, resulting in enhanced revenue recognition

dialogue to increase accuracy in financial projections. Delivered an 18%

second year revenue increase by designing and implementing an enhanced

Product Line Profitability and Revenue Attribution system for the

Investment Banking division.

CANADIAN IMPERIAL BANK OF COMMERCE (CIBC) New York, NY

Executive Director, Finance (1996 - 1998)

Provided Finance leadership across multiple business lines (Structured

Finance, Lending, and Fixed Income Trading), maintaining responsibility for

Financial, Managerial and Special Purpose Vehicle legal entity close and

building product line profitability.

. Completed multiple product, client profitability and regulatory capital

usage reviews, providing critical information for 10 core products and

1,200 clients.

NATIONSBANK Charlotte, NC

Director, Finance (1995 - 1996)

Led Product Control team and provided leadership across multiple business

lines (Investment Banking and Trading), integrated Chicago Research &

Trading and delivered efficiencies through initial business development of

Investment Bank.

GOLDMAN, SACHS & CO. New York, NY

Vice President, Finance and Operations Control (1990 - 1995)

Globally responsible for consolidated US GAAP Financial Reporting; Created

Operations Control and Cash Capital department focused on demonstrating

global collateralization of Treasury Issuance with unencumbered collateral.

COOPERS & LYBRAND New York, NY

Audit Supervisor, Financial Services (1985 - 1990)

Audit of Financial Services companies, including Goldman, Sachs &Co., AIG,

Skandia Reinsurance and Revere Copper & Brass.

Education / Certification / Military

Master of Business Administration (MBA), Bernard Baruch, Zicklin School of

Business

Bachelor of Science in Accounting (Magna Cum Laude), King's College

Certified Public Accountant (AICPA, Pennsylvania)

U.S. Army Reserve - Specialist (Honorable Discharge)



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