Bonalynn Wallach

Winnetka, IL *****

acxw0o@r.postjobfree.com - 847-***-****

Well-rounded diversified investment background with a proven record of improving the diversification and risk/

return of retirement, endowment, trust and annuity funds. Adept at identifying strategic and tactical market

opportunities, performing investment manager due diligence and implementing strategies, which achieve

superior results. Manage client relationships through customizing portfolios, communicating and developing

investment policies and objectives aligned with the overall goals. Career track of strong economic and market

fundamentals which enhance the expertise used in managing and monitoring long-term assets.

WORK EXPERIENCE

Director, Investments

Evangelical Lutheran Church in America - 2009 - Present

Responsible for managing the investment portfolios of the ELCA. Coordinate, monitor and report investment

activities for short and medium term cash portfolios, Charitable Gift Annuity and Charitable Trust investment

accounts and Endowment fund (combined assets under management approximately $1 billion).

Provide recommendations to the Board of Trustees related to investment policies and practices (including

strategic asset allocations, investment managers and custodians, socially responsible investing and other

portfolio characteristics) for cash, endowment and deferred gift funds.

Serve as primary liaison to investment advisors, custodians, third party administrators and other service

providers regarding investment performance and investment advisory services.

Monitor performance of investment advisors and custodians and manage formal/informal evaluation of

investment service providers.

Direct the implementation of long-term investment plans in light of regulatory requirements, approved

investment strategies and objectives for endowment and deferred gifts.

Manage endowment fund participant relationships and represent the investment philosophy and processes.

Manage participant requests for quarterly and investment committee meetings.

Manage charitable trust asset allocations in light of trust objectives, life expectancy and payouts.

Manager-Fixed Income Investments

General Board of Pension and Health Benefits of The United Methodist Church - Evanston, IL - 1999 -

2008

Managed and constructed the $6 billion fixed income portfolios, sourced investment managers and performed

investment manager due diligence and communicated results to Board of Directors and Investment Committee

for a $16 billion pension fund.

Constructed the Domestic Bond Fund, Inflation Protection Fund, Stable Value Fund and Annuity Immunization

Fund:

Provided oversight and developed/implemented strategies for Domestic Bond Fund, Inflation Protection Fund

and Stable Value Fund.

Created a fund to partially immunize a pool of annuity liabilities.

Facilitated rebalancing of sectors within all funds.

Added to returns by adhering to rebalancing policy of all sectors within the investment funds.

Sourced and conducted investment manager due diligence on potential and existing managers:

Performed investment manager searches and hired investment managers that increased the diversification

of the Domestic Bond Fund and the Inflation Protection Fund.

Identified managers with diverse style and risk characteristics

Contributed to the overall strategic and tactical asset allocation of the funds.

Collaborated with investment team members to review, monitor and implement new investment manager

mandates for all asset classes.

Strong communication and thorough presentation of investment results:

Contributed investment recommendations and macroeconomic observations to weekly Investment Staff

meetings

Presented verbal quarterly investment reviews to the Senior Management Committee.

Produced comprehensive Quarterly Summary Report distributed to the Board of Directors.

Managed the securities lending programs for fixed income, domestic and international equities:

Generated approximately $10 million in annual revenue from lending programs.

Developed reinvestment guidelines with no exposures to the most recent credit crisis.

Managed the daily, monthly and quarterly risk reporting for the lending programs.

Vice President, Government Securities Trading

Bank of Montreal - 1993 - 1998

Key member of trading staff collaborating efforts to increase primary dealer revenues and operations through

retail, and institutional distribution.

Provided markets and managed over $1 billion in risk for U.S. Treasury bill desk.

Generated annual revenues of $750,000-$1 million by positioning and arbitraging U.S. Treasuries.

Assisted foreign central banks in Pacific Rim and Eastern European countries with managing their reserves

through dollar denominated transactions of $500 million -$1 billion.

Engaged in daily intervention and transactions with the Federal Reserve Banks of Chicago and New York.

Bank of Montreal - Chicago, IL - 1987 - 1998

Assistant Vice President

Bank of Montreal - 1987 - 1993

Developed and implemented strategies, which provided swap and arbitrage opportunities for the Broker/Dealer

Treasury bill portfolio and retail/institutional clients.

Carried aggregates of $500 million-$1 billion in inventory which generated annual revenues of $750,000-

$1 million.

Facilitated trading strategies for retail clients, institutional funds and regional banks.

Increased retail volume to 4-5% of market share

Investment Officer/Short Term Money Markets

The Huntington National Bank - Columbus, OH - 1982 - 1987

Engaged in a system of risk management, which was key in increasing revenues and retail volume.

Actively traded and carried positions in Treasury bills, Agencies and Money market instruments.

Generated a flow of market information between dealer bank area and international division to increase the

issuance of primary banker's acceptances.

Underwrote and traded municipal notes.

EDUCATION

Bachelor of Science in Business Administration

The Ohio State University - Columbus, OH

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