Accounting Mortgage

Richard A. Henderson

*** ********* ***** ******, ******* 35244 205-***-**** ******@*****.***

Finance Executive

with comprehensive experience in

Strategic Planning & Implementation

Corporate Finance / Accounting / Treasury

Credit & Risk Management

Optimizing Shareholder Value

Cost Reduction & Avoidance

Internal Controls / Regulatory Compliance

Operational Management & Improvement

Financial Analysis / Forecasting / Reporting

Budget Development & Administration

Mergers / Acquisitions / Due Diligence

Procedural Re-design / Streamlining

Team Leadership & Development

Respected and achievement-oriented executive offering a distinguished career in leveraging highly refined analytical talents to contribute to operational and financial success of diversified high-growth organizations. Proven success in directing strategies within multiple functional areas including operations, finance, accounting, human resources, information technology, and reporting. Consistently serve as trusted partner to organization leadership on development of corporate strategies and rendering business decisions that increase shareholder value and achieve overall objectives.

Strategic conceptual decision-maker accustomed to accomplishing goals and leading great change. Employs strong communication, negotiation, and team building skills with ability to forge solid relationships and build consensus across multiple organizational levels.

Professional Experience

Iron Mountain Consultancy, inc, Birmingham, Alabama 2020 – Current

Providing complex financial expertise in business advisory and consulting services, including CFO for hire, Internal Audit, and other risk management services.

Regions Bank, Birmingham, Alabama 2007 – November 2015

Serve as financial leader for one of the nation’s largest full-service providers of consumer and commercial banking, trust, securities brokerage, mortgage and insurance products and services.

Senior Vice President, Controller - Commercial Equipment Finance

Hold full accountability for planning and directing day-to-day performance of accounting and finance group, including budgeting, forecasting, reconciliations, and treasury/operational reporting. Manage sales/use tax and personal property tax calculation and administration function for leased equipment business unit. Oversee activities within the IT Department, including relationship with third party vendors. Report directly to Corporate Finance, with indirect accountability to President of Regions’ Equipment Finance.

Successfully managed merger of Regions Bank and AmSouth Bank Commercial Leasing business lines, including revaluing AmSouth’s leasing portfolio.

Instituted proper controls and accounting procedures enabling improved management of $4 billion leasing portfolio.

Partnered with Corporate Tax Department on facilitation of leveraged leased IRS tax settlement disputes.

Significantly increased overall operational efficiency by streamlining functions and introducing outsourcing partners.

AmSouth Bank, Birmingham, Alabama 2005 – 2006

Managed accounting, finance, human resource, and reporting function for Mortgage Division of full-service bank servicing needs of consumers in Alabama, Georgia, Tennessee and Florida, acquired by Regions Bank in January 2007.

Senior Vice President, Mortgage Accounting Officer

Provided hands-on leadership to staff of 12 professionals responsible for all mortgage accounting activities, budgeting, forecasting, analysis, reconciliation and reporting. Partnered with Corporate Human Resources on management of sales and operational compensation plan and monitoring compliance training program.

Spearheaded restructuring of accounting and human resource departments, resulting in improved efficiencies and alignment of job functions with staff strengths.

Led automation of account level loan proceeds and expense tracking to interface with bank’s general ledger system.

Reduced overall annual expenses associated with uncollected closing cost by over $1 million through establishing automated controls over third party expenses.

Increased secondary marketing gains $200,000 annually through elimination of warehouse loan expenses.

Converted loan level FAS 91 calculations and daily FAS 133 exposure from manual to computerized process.

Redesigned management, accounting and compensation reporting to reflect current operating business model, include metrics, and provide detailed analysis.

SouthTrust Bank, Birmingham, Alabama 2001 – 2004

Managed financial for mortgage division of financial institution comprised of offices across the Southeast offering commercial and retail customers banking and related financial services in Alabama, Florida, Georgia, Mississippi, North Carolina, South Carolina, Tennessee, Texas and Virginia.

Vice President and Controller, Mortgage

Responsible for management of accounting, finance and reporting functions for bank’s mortgage division. Directed, developed, and motivated team of 16 associates in achieving company’s goals and objectives.

Developed and installed fraud prevention controls, resulting in $1.7 million in loss prevention.

Enhanced efficiency and accuracy of compensation plan by designing and implementing computerized system.

Conceived, created, and launched origination accounting processes and controls, eliminating timely research and significant labor hours.

Introduced QRM software for calculating FAS133 and FAS140.

Colonial Bank – Montgomery, Alabama 1994 – 2001

Built a career of achievement and advancement with $27 billion financial institution with more than 340 banking offices in Alabama, Florida, Georgia, Nevada and Texas.

Senior Vice President, Director of Mortgage Lending - (2000 – 2001)

Directed all types of consumer residential real estate lending executed within 12 mortgage lending centers located in Alabama, Georgia, Florida, and Nevada. Supervised and developed team of 100 associates responsible for producing $ 50 million in loan volume.

Senior Vice President, Director of Budgeting and Strategic Planning - (1999 – 2000)

Scope of responsibilities focused on strategic planning and budgeting for bank’s residential portfolio and commercial securitizations. Established and introduced targeted growth plans for new branch operations. Coached, mentored, and developed high-performing team of 15 associates and provided leadership needed to consistently achieve goals. Served as member of Asset/Liability Committee

Executive Vice President, CFO and Risk Manager - (1994 – 1999)

Oversaw all facets of bank’s mortgage accounting, finance, secondary marketing, investor accounting, mortgage credit, servicing hedging, data warehousing, and reporting. Provided direction to staff of 30 professional responsible for supporting division’s objectives.

Generated $200,000 in annual savings through modification of cash remittance cycles.

Instrumental in driving Tier Rating from 3 to highest level of 1.

Maximized efficiencies and overall performance by restructuring accounting department and automating numerous processes.

Collateral Mortgage Company – Birmingham, Alabama 1990 – 1994

Managed residential lending servicing division of one of the nation’s largest privately owned commercial real estate finance firm.

Vice President – Residential Servicing Manager / Corporate Accounting

Directed, developed, and supervised actions of 50 associates responsible for executing servicing related activities within Customer Service, Foreclosure, Collections, Escrow Administration and Cash Management Departments. Managed the accurate and timely performance of mortgage accounting and reporting functions.

Goldome Credit Corporation – Birmingham, Alabama 1988 – 1990

Directed mortgage servicing business units for real estate, finance, and insurance institution.

Vice President – Residential Servicing Manager / Corporate Accounting

Directed daily activities performed within all servicing, accounting, and financial departments supporting residential mortgage division. Managed, coach, and motivated team of 80 in performance of defined functions and activities.

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Additional experience included Senior Auditor for KPMG Peat Marwick

Education and Credentials

BS in Business Administration - Accounting – Auburn University – Auburn, AL

BS in Forest Management – Auburn University – Auburn, AL

Certified Mortgage Banker

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