Manager Management

MICHAEL S. LOBELL

**** ******* ***** 914-***-**** (C)

Frisco, Texas 75035 **************@*****.***

SUMMARY

Analytical, pragmatic and responsive Treasury Management executive with over 20 years

experience, with proven strengths in operations, cash management, and financial reporting and

analysis. Strategist, problem-solver, leader and team builder, effective communicator as well

as adept at defining goals, designing and implementing processes and procedures, developing

successful strategies and implementing tactics. Accustomed to functioning in high-energy,

dynamic environments, able to grasp new concepts quickly and accurately.

• Treasury Operations • Cash Management • Financial Reporting & Analysis

• Process Improvement • Contingency/Disaster Recovery • Project Management

Plans

• Business Analysis • Corporate and Audit Compliance • Relationship Management

• Business Requirements • Strategic Planning • Communication /

Presentations

EXPERIENCE

NATIONSTAR MORTGAGE (Lewisville, TX) 2014 - 2014

Vice President – Treasury Operations

Responsible for bank account management, cash movement, and mortgage funding. Managed

staff of eight.

Documented and updated processes and procedures.

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Implemented tracking of Key Performance Indicators.

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Created bank balance tracking process to maximize cash utilization.

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JPMORGAN CHASE 2010 - 2013

Transaction Processing Manager – Private Equity and Real Estate Services

Dallas Office (2012 – 2013)

New York Office (2010 – 2012)

Responsible for client support and cash movement for major pension funds’ investments in

private equities. Managed staff of seven.

Enhanced process by moving a major client from manual to automated processing.

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Provided excellent service to clients, making them referenceable.

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Improved MIS by designing Excel spreadsheets to track transactions.

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Major contributor in moving function from NY to Dallas

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o Responsible for training new staff

o Engineered “lift and drop” strategy

o Process moved successfully in May 2012 with no major issues

NEWSWEEK, INC. 2009 - 2010

Treasury Manager

Responsible for design and management of a new Treasury functionality at Newsweek,

including bank account management and re-structuring while maximizing utilization of

available funds. Reported to the Controller.

Reduced number of bank accounts by 20% and Bank Fees by $24K (12%).

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Improved on-line access and functionality, as well as reporting and balance tracking.

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Initiated Request for Proposal process to streamline banking relationships, improve service,

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reduce expenses, and improve funds availability.

MICHAEL S. LOBELL 914-***-**** (C)

**************@*****.***

CITIBANK, NA (New York) 1994 – 2007

Vice President/Manager – Treasury Operations (1999 – 2007)

Provided trade support and financial reporting for Citibank’s Consumer and Corporate

businesses. Interfaced with over 100 counterparties and provided financial analysis for

corporate and regulatory reporting. Processed volumes of $25B daily cash movement, 150

trades per day, 150 wires per day, and 500 general ledger accounts reconciled monthly.

Responsible for all back office operations and accounting for Treasury Mortgage Backed

Securities (MBS) and Collateralized Mortgage Obligations (CMO) investment securities

portfolios. Managed relationships with Federal Reserve and Federal Home Loan Banks.

Managed staff of seven, including two located in Delaware. Reported to the Director of

Treasury Operations.

Led Treasury Operations projects to successfully integrate back office processes from three

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major acquisitions with no operational issues, adding new products and transactions, while

reducing New York staff by 25%.

Established collateral pledging capabilities at Federal Reserve Bank of Chicago and Federal

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Home Loan Bank of San Francisco, significantly improving the bank’s liquidity position by

providing potential collateral of $25B.

Successfully managed operations project to install new Treasury back office trade product

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processor.

Managed projects to convert to improved internal funds transfer system that resulted in a

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$100K annual savings, and to balance workloads that resulted in greater accuracy and time

savings of 1 man-hour per day.

Improved internal reporting by instituting new process to monitor and review internal

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lending limits.

Improved regulatory reporting, increasing reporting frequency and eliminating errors.

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Wrote new procedures to comply with Sarbanes-Oxley requirements.

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Regularly reviewed and revised all departmental processes, resulting in highest ratings on

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internal audits.

Vice President/Treasury Funding Manager (1994 – 1999)

Provided cash management, trade support and financial reporting for Citibank’s Federal

Savings Banks. Processed volumes of $1B - $3B daily cash movement, 10 trades per day, and

20 wires per day. Responsible for daily funding of Federal Reserve and correspondent accounts

for $13B Federal Savings Bank. Supervised staff of two, with matrix responsibility for four

Operations area staffers. Reported to the Treasury Financial Controller.

Successfully transferred function from California to New York, while reducing staff by 33%.

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Established operating controls for function that resulted in highest possible internal audit

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rating.

CITIBANK FSB (California) 1985 – 1994

Vice President/Manager, Treasury Operations/Cash Management (1989 – 1994)

Responsible for overseeing daily cash management and funding of $11 Billion Federal Savings

Bank, and for Correspondent Bank relationship management and regulatory reporting.

Coordinated creation and testing of Treasury Continuity of Business plans. Supervised staff of

three. Reported to the Regional Treasurer.

Successfully integrated cash operations of four diverse geographical locations, reducing

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staffing by 33%.

Successfully coordinated all branch cash delivery efforts after 1989 earthquake to ensure

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that all branches could meet the needs of their customers, working with Correspondent

Banks and armored couriers.

Renegotiated contracts with Correspondent Banks that resulted in $250K annual savings.

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MICHAEL S. LOBELL 914-***-**** (C)

**************@*****.***

Redesigned and implemented processes that increased earnings by $100K annually.

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Manager of Financial Reporting and Analysis (1985 - 1989)

Responsible for the timely and accurate review of all revenues, expenses and balance sheet

items for $6 Billion Savings and Loan. Supervised staff of seven financial analysts. Reported

to the Chief Financial Officer.

CITIBANK, NA (New York) 1974 – 1985

Chief of Staff/Financial Controller

Primary responsibility for the creation, construction and implementation and control of $10MM

Operating Plan.

TECHNOLOGY

Summit (Treasury Back Office System), APS2 (SunGard Investment Security System), The

Portfolio Genius (Investment Security System), Visio, Microsoft Office

EDUCATION

PACE UNIVERSITY Master of Business Administration, Finance

NEW YORK UNIVERSITY Bachelor of Arts, Political Science

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