Eric Carlson, CFA

**** ******** ***** ***, **** F. West Fargo, ND 58078 aduiy6@r.postjobfree.com 218-***-****

EXECUTIVE MANAGEMENT

Strategic Planning Financial Statement Analytics Treasury Management Capital Planning

Senior Level Executive with hands-on experience in budgeting, resource allocation models, capital planning, portfolio management, and business combinations. MBA/CFA accomplished leader with proven success in market identification and strategic positioning multibillion-dollar financial organization. Track record of increasing revenue and growing bottom line while contributing to operational improvements to drive productivity and reduce costs. Excels in dynamic, demanding environments while remaining practical and focused.

Core Competencies

Strategic Planning and Analysis

Risk Management

Capital Management

Financial Analysis & Reporting

Business Expansion

Investor Relations

Regulatory Compliance

Resource Management

Client Focused

PROFESSIONAL EXPERIENCE

CORNERSTONE BANK, Fargo, ND

Chief Financial Officer 9/2015 – 1/2022

Key Achievements:

Redesigned organizational budgets and financial reporting.

Designed an Enterprise Risk Management Program (ERM).

Managed daily cash management needs.

Designed strategies for capital and risk management

Revamped asset/liability and funds transfer pricing models

Created committee and board presentations and served and facility many committees.

Created a FDICIA compliant control structure.

Handled all regulatory filings.

Key software utilized was the Fiserv Premier core system, Profit Star for Asset/Liability management, Microsoft Office Suite, Banc Tel for A/P, and Sage Works for fixed assets. The largest technology accomplished was installing and integrating the Ncino loan and deposit workflow technology that resides on the Saleforce platform. We were able to automate the process from start to finish and incorporate the rate calculator and store the ROE results to retrieve profitability reporting by product by producer. The customer CRM portion of salesforce was also incorporated into the process creating even greater efficiencies.

Actively supported Company’s Mission, Vision, and Values during team and individual meetings.

Conducted team meetings every week to set the tone for weekly action items and goals.

Conducted individual meetings every other week with each team member to build relationships.

Implemented the new ASC 606 Revenue Recognition Standard based on the 2017 and 2018 deadlines. This is very simple for certain industries but can pose the following challenges for other industries:

oAssessing Impact – evaluate your primary revenue streams to identify revenue recognition requirements.

oEvaluating Effort – know the scope of work required so you can assemble the right plan, team, and budget.

oAchieving Compliance – deliver the right reports to internal and external stakeholders.

ALERUS FINANCIAL CORPORATION, Grand Forks, ND

Chief Financial Officer, 9/2000 – 4/2015

Responsible for the integrity of financial information and systems while assisting in transforming the company into an emerging growth organization.

Supervised operations and strategic direction of accounting, finance, credit collections, facilities, and capital markets while serving on a number of cross-functional committees. Designed and managed the capital markets to include asset/liability management, capital planning, liquidity management, and management and administration of the investment portfolio.

Key Achievements:

Returned company to the 90 percentiles in profitability through strategic market entries and key acquisitions.

Assisted in formulating and modeling acquisitions resulting in increased revenue from $72 million to $130 million in the past 5 years.

Increased market capitalization from $111.2 million to $278.0 million in the past 5 years.

Produced total return of 188.8 percent during the past 5 years

Modeled and structured 16 acquisitions since 2003.

Director of Alerus Financial, N.A.

Key software utilized was the Fiserv Premier core system, Fiserv for Asset/Liability management, Microsoft Office Suite, Banc Tel for A/P, and Sage Works for fixed assets. The largest technology accomplished was building a Customer Relationship Model and a Product Management Suite along with an in-house pricing model for loans, deposits, and asset management that correctly calculated deal value ROE after the allocation of capital.

Actively supported the Company’s Mission, Vision, and Values during team and individual meetings.

Conducted team meetings every week to set the tone for weekly action items and goals.

Conducted individual meetings every other week with each team member to build relationships.

EDUCATION AND CREDENTIALS

Bachelor of Science, Business Administration North Dakota State University, Fargo, North Dakota 1993

Masters of Business Administration (MBA) North Dakota State University, Fargo, North Dakota 1994

Chartered Financial Analyst CFA Institute 2000

PROFESSIONAL ASSOCIATIONS

Twin Cities Society of Security Analysts (1999 – present)

Grand Forks Humane Society Board of Directors (2009 – 2011)

Sharon Lutheran Church Board of Directors (2007 – 2009)

Grand Forks Country Club Board (2006 – 2009)

Community Service Involves Mentoring College Students on Career Development (2015-2021)

Contact this candidate