Fp A Asset Management

RICHARD A. MERCHANT, CPA

Waldwick, NJ ***** 917-***-**** ***************@*******.*** www.linkedin.com/in/richard-merchant

EXECUTIVE SUMMARY

Optimizing Risk & Controls Elevating Management Reporting Insights Building & Leading Global Teams

Finance executive leading business process automation, innovation, and change management initiatives across risk and control operations in matrixed, global environments. Strategic FP&A director driving value creation through insights development, increased reporting transparency, and deeper finance/IT/risk collaboration. Motivating leader aligning teams with strategic priorities by connecting overarching vision to tactical execution.

Representative Career Highlights:

ÜStood up CCAR reporting framework for Deutsche Bank asset management. Developed forecast models, defined risk parameters, and operationalized reporting, governance, and escalation workstreams.

ÜDelivered decision insights in board/committee presentations overviewing current economics and risk appetite alignment to influence investment recommendations for complex fund types and structures.

ÜBuilt suite of management reports and performance dashboards, establishing FP&A infrastructure to enable better, faster business decisions.

Key Skills include

FP&A Finance & Business Management Program Management Control Testing Business Strategy Audit, Risk & Control Technical Accounting (US GAAP/IFRS) Accounting Policy Regulatory Reviews Management Reporting Decision Insights Transformation Projects Process Design & Automation

CAREER HISTORY

SMBC – TREASURY / RESOURCE OPTIMIZATION New York, NY 01/2023 – 06/2023

Project role focused on business decision support and capital management

DEUTSCHE BANK ASSET MANAGEMENT (now The DWS Group), New York, NY 05/2002 – 01/2023

Director, DWS Treasurer & CCAR Reporting Manager (6/2016 – Present)

Lead team of 8 accountable for Treasury (liquidity stress testing, liquidity buffer policies, cash flow forecasting, and cash management), CCAR, and regulatory reporting for standalone DWS entity. Oversee delivery for global proprietary investment, risk management, and regulatory reporting. Drive process automation in collaboration with technology and quantitative teams. Present capital and liquidity reviews to executive committees and entity boards. Member of Seed Money Council and Management Risk/Liquidity Committees.

Leadership: Sustained morale and continuity despite staffing pressures and volatility in macro environment through cross-training, team building, and dedicated focus on employee engagement.

Policy & Governance: Increased due diligence, oversight, and consistency of hedging application via establishment of centralized policy for seed investment hedging.

FP&A: Delivered economic/risk analysis illustrating favorable yield of non-Treasury investments. Gained board buy-in for off-balance sheet seed funding solutions to reduce capital consumption and accelerate velocity of new fund launch.

Regulatory Reporting: Created standalone CCAR reporting and liquidity stress testing workstreams for DWS entity, which encompassed significant change in material risk. Founded Management Risk and Capital Liquidity committees for DWS.

Process Ownership: Matured controls environment, institutionalizing and formalizing detailed SOPs and accountability to ensure execution of appropriate supervisory review.

Director of Finance Risk, Regulatory & Policy (1/2014 – 5/2016)

Following shift of regulatory reporting to EU in 2014, assumed broad oversight of capital adequacy (CCAR) and Volcker Rule reporting. Led CCAR initiatives for asset and wealth management, which required extensive custom development and revision of controls to account for vast systems variation in DWS.

Advancing Automation: Synthesized and mapped business requirements to technical specifications, translating business need for technical teams and continually advancing automation capabilities.

Program Management: Established phased project plan and framework for CCAR reporting, including 3 major reports (14A, 14M, 14Q) and all related schedules. Created forecasts to project balance sheet, capital, and net income.

Director of Finance Risk, Controls, Capital, Balance Sheet & Accounting Policy (12/2008 – 12/2013)

Advanced to oversee matrix team of 10+ in US, Asia, and Europe. Directed internal/external consulting workgroups in developing carve-out financials and auditable processes for sale of various business segments.

Risk Standardization: Standardized reporting, enabling transition offshore to team in Manila.

Business Carve-Out: Developed carve-out reporting for audit in preparation for business segment sale. Partnered with investment bankers on valuation analyses for various cuts of businesses.

Vice President, Head of Capital, Controls & Policy (06/2005 – 12/2008)

Vice President, Controller (05/2002 – 06/2005)

Spearheaded multiple workstreams in early stages of digital transformation as controller for office of Chief Investment Officer. Bridged gap between finance, business, and technology to build out MIS platform aligned with strategic direction. Managed global staff of 10 (5 in NY and 5 in EU/APAC).

Restructuring: Redesigned global reporting structure following Scudder Investments merger.

M&A Integration: Developed analyses for headcount reduction to achieve synergy targets without impacting functionality.

Risk & Controls: Assumed leadership of SOX controls and processes, which comprised intensive testing, documentation, and regulatory reporting.

CANTOR FITZGERALD, Weehawken, NJ

Vice President, Controller & Head of Management Reporting (06/2000 – 03/2002)

Recruited to oversee global management reporting group as direct report to president. Established, implemented, and oversaw controls for financial operations. Performed acquisition due diligence and analysis as chair of special projects committee. Drove budgeting and forecasting processes. Managed team of 8.

DEUTSCHE BANK, formerly Bankers Trust Co., New York, NY

Vice President: Global Controller, Performance Management & Strategic Advisory (08/1999 – 06/2000)

Promoted to lead FP&A/controlling for Global Asset Management Services (GAMS) business. Developed tools and reporting enabling deeper insight into performance against strategic plans. Partnered with business on increasing accountability through monthly/quarterly reviews.

Assistant Vice President, Head of Management Reporting (04/1998 – 08/1999)

Created management reporting and business scorecards for newly formed GAMS division. Devised data capture systems to synthesize disparate data into planning/performance reports and streamline management reporting process. Led 6 controlling teams in preparation of strategic plans, forecasts, and analyses.

EDUCATION & CERTIFICATIONS

FAIRLEIGH DICKINSON UNIVERSITY, Teaneck, NJ MBA in Corporate Finance BS in Accounting

STATE OF NEW JERSEY & NEW YORK Certified Public Accountant (CPA)

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