Manager Management
Resume:
Stanley A. Okorafor
Silver Spring Phone (***)
MD 20906
*******.********@*****.***
http://www.linkedin.com/in/stanleyokorafor
SUMMARY
Experienced accounting and operations professional with strong background in the banking and finance industries.
Demonstrated track record in operational accounting, general ledger management, general ledger and bank
reconciliations, as well as process engineering and enhancement. Strengths include process analysis with the ability
to create process models that increase efficiency & productivity, general accounting management from journal
entries to month-end closing, reporting and staff management. Detail-oriented team builder, with proven track
record on training and motivating others.
SKILLS
• •
Implemented teller tracking Created uniform formats for
system that reduced employee defalcation by General Ledger reconciliations that reduced
55% outstanding items by 80%
• •
Cash and vendor management Process engineering and enhancement for
• improved efficiency
Highly skilled in MS Excel,
•
Power Point and Word Result oriented team manager
• •
Analytical skills with high Access, Shaw, CLCS, Hogan,
attention to details M&I, Touch Point
• •
Reliable, flexible and dependable Excellent Oral & Written
team player Communication
• Strong Computer Skills
EXPERIENCE
Capital One Bank, NA McLean, VA (includes Chevy Chase Bank, NA – 2000 to 2014)
Senior Process Manager/AVP – Process Engineering & Analysis 2011 –
2014
Managed process enhancement programs, which included process re-engineering and delivery through channels for
project completion.
• Supported critical groups in Branch Operations to identify process improvement needs through the ‘Voice
of the Associate’ to identify possible operational issues, and manage the process through project completion.
• Drove process engineering and enhancement models that improved efficiency and eliminated loopholes,
redundancies and process duplication.
• Analyzed current processes; executed research models and surveys for process improvement.
• Socialized process models and research findings with management and related business partners through
conferences calls, and face-to-face presentations and meetings.
• Tested for desired outcomes and provided recommendations for management decision and implementation
processes.
Senior Process Manager/AVP – Branch Annual Review (BAR Team) 2010
– 2011
Managed several Ledger accounts; tracked activities and initiated investigations, which resulted in 35% reduction in
branch defalcation/loss. Trended branch performances through surprise branch inspections scores which helped
track branch pulses on compliance with policy and procedure, internal controls, cash management as well as
regulatory compliance.
• Managed the BAR Inspection reporting, used in assessing branch compliance with operational, proprietary
and regulatory policies.
• Produced BAR trending and management information system (MIS) reports that show branch scores by
categories, district, region, and by market.
• Managed the “Financial Control Analysis” for the branch network to ensure compliance with fee
overrides/reversals policies by branch management staff.
Stanley A. Okorafor
Silver Spring Phone (301)
257-7831
MD 20906
*******.********@*****.***
http://www.linkedin.com/in/stanleyokorafor
• Managed the Teller Over/Short database. Tracked and monitored daily teller differences, and produced
reports that show the cash handling capabilities of tellers.
• Worked with Branch Operations management team in determining frequencies & possible corrective actions
for teller deviations.
Senior Process Manager/AVP – Branch Distribution Operations 2008
– 2009
Managed system conversion tracking and error management for a seamless alignment of general ledger accounts to
the new platform.
• Transition period from Chevy Chase to Capital One Bank. Monitored the branch conversions and aligned
interfaces with the different ledger accounts.
• Tracked branch entries and helped branch staff to resolve issues with the conversion process, and made
entries to correct entry errors.
G/L Supervisor/AVP – General Ledger & Loss Prevention (Chevy Chase Bank, NA) 2006
– 2008
Formulated reconciliation procedures for general ledgers associated with Bank Retail Operations, implemented a
research process for general ledger transactions that led to recovery of over $235k in one year, which limited
potential for losses. Managed a coherent team of four Operations Analysts and Loss Prevention Officers.
• Managed the reconciliation of several general ledgers to include the Teller Over/Short, Branch Working
Funds, Currency and Coins to Dunbar, Change Express, Branch Provisional Credits and American Express
Products.
• Provided sales and transaction support for branch staff on American Express products, including Gift Cards
& Travelers’ Checks.
• Managed retail branch cash shipment to and from our Cash Management vendor (Dunbar)
• Maintained database of the Teller Over/Short reports used in analyzing branch performances and reinforcing
loss prevention at the branch level.
• Drove change through a monthly presentations to retail bank groups on loss prevention & mitigation
essentials.
Accounting Supervisor (Chevy Chase Bank, NA)
2004 – 2006
Managed the daily activities of the accounting group for efficient and effective operation. Provided leadership skills
and training for accounting staff of 4 accountants and 2 temps. Maintained delivery and compliance of company
policies and internal controls. Represented general ledger group in month-end close meetings and variance analysis.
• Managed monthly meetings with supervisors and managers for efficiency and process enhancement
opportunities.
• Prepared the monthly Product Book (financial reports).
• Reviewed and approved daily ‘Bank Exchange’ account and other General Ledger reconciliations.
• Reviewed the weekly Yield Analysis for both Commercial Banking and Commercial Real Estate systems.
• Maintained the integrity of the interface tables for FiServe, DataSelect, Shaw & CLCS.
• Reviewed funding and payoff analysis reports for both construction and commercial loans.
Senior Financial Officer (Chevy Chase Bank, NA)
2000 – 2004
Stanley A. Okorafor
Silver Spring Phone (301)
257-7831
MD 20906
*******.********@*****.***
http://www.linkedin.com/in/stanleyokorafor
Responsibilities include the daily reconciliation of the bank’s account with the Federal Reserve Bank. Designed and
implemented a reconciliation formats that enhanced tracking and recovery efforts.
Trained and on-boarded new staff members of the accounting team.
• Lead reconciliation officer. Coordinated reconciliation processes for all accounts for efficiency and
uniformity.
• Trained new staff on implementation of bank policies and regulatory requirements.
• Maintained the tax exempt schedule for all tax-exempt loans.
• Maintained the deferred fees and delinquent loans schedules, made related monthly entries for month-end
close.
• Performed monthly variance analysis for several ledger accounts.
EDUCATION
Master in Business Administration (MBA)-Finance, University of the District of Columbia Washington, DC
(completed course work).
Bachelor in Business Administration (BBA)-Accounting, Howard University, Washington, DC.
Contact this candidate