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JOHN R. ZAJAC, JR.

TAMPA, FLORIDA

adumi2@r.postjobfree.com

419-***-****

CHIEF FINANCIAL OFFICER (CFO)

Financial executive with a keen ability to identify process improvements and market opportunities to enhance financial results that produce sustainable quality earnings. Ability to collaborate with management in developing annual budgets, working forecasts and strategic plans. Previous experience in project management that includes merger due diligence, vendor contract negotiations, facilities planning and software implementation. Possesses strong written and verbal communication skills that clearly articulate organizational objectives with key stakeholders. Leadership style includes a collaborative approach with decision makers in defining goals and establishing key performance indicators.

• Strategic Planning • Mergers & Acquisitions

• Risk Management • Investment Management

• Vendor Management • Liquidity Management

• Compliance/Audit • Earnings Optimization

• Capital Planning • Facilities Management

• Budgeting & Forecasting • Board Education

PROFESSIONAL EXPERIENCE

JRZ CONSULTING, LLC– Tampa, FL 2020- Current

Chief Executive Officer

Provide fractional CFO services for companies requiring any or all, of the services as listed above. Clients:

WE FLORIDA FINANCIAL CREDIT UNION – Margate, FL

$750 million State Chartered Credit Union

Interim/Full-time CFO

• Managed the accounting and investment functions which includes daily liquidity management, purchase, sale, and safekeeping management of a $120 million portfolio

• Successfully secured $60 million in brokered CD’s and introduced liquidity opportunities within the DTC market

• Coordinated $40 million in FHLB advances to leverage and fund loan growth

• Successfully executed the sale of real estate that generated an $8.8 million gain

• Successfully secured over $2 million in CDFI grants working collaboratively with CU Strategic Planning

• Successfully secured $16 million in secondary capital from the Treasury which boosted the net worth ratio above 11%

• Successfully replaced the Controller, Senior Accountant and staff positions which were open from December 2021

• Work collaboratively with the CEO, Senior Management, and the Board in managing the ALM process

• Developed the annual budget and financial forecasts

• Purchased and implemented nCino software to comply with CECL requirements 2

• Revised investment, liquidity and ALM policies in accordance with the CU risk profile and strategic plan

• Board member of CU owned CUSO – City Services Group (CSG)

• Developed general ledger and cost center structure for new core operating system (Fiserv DNA)

• Prepared new fee structure for consumer and business products

• Coordinate internal and external audits and financial exams

• Completed requests for information for the annual regulatory exam led by the Florida OFR

• Completed requests for information for the annual audit lead by Warren Averett.

• Prepared month-end management and board financial reports and analysis.

• Managed the ALM process utilizing a third-party vendor (ALM First) for scenario assumptions.

• Assisted the accounting staff in identifying and correcting multiple out of balance reconciliations.

• Managed the monthly settlement and balancing of 12 loan participation portfolios. Wright Patman Congressional Federal Credit Union, Oakton, VA – Interim CFO

• Prepared the annual operating budget that included KPI’s and detailed production metrics.

• Managed the ALM process utilizing a third-party vendor (ALM First) for scenario assumptions.

• Managed liquidity and a $500 million investment portfolio to maximize returns while complying with board approved Investment and ALM policies.

Priority Credit Union, Orlando, Florida – Interim CFO

• Developed branch profitability model to assist management and the board in addressing regulatory questions regarding the CU’s earnings performance.

• Assisted the CEO and COO in resolving numerous out of balance conditions that required restatement of financial statements.

Florida Rural Electric Credit Union, Tallahassee, Florida – Interim/Full-Time CFO

• Prepared monthly financial reports and variance analysis for the CEO and board.

• Prepared the annual operating budget that included KPI’s and detailed production metrics.

• Revised the Investment policy and improved the financial performance of the investment portfolio by purchasing MBS’s to replace maturing CD’s.

• Managed the ALM process utilizing a third-party vendor (Accolade) for scenario assumptions.

• Provided monthly loan and deposit recommendations based upon risk-based pricing methodologies.

• Developed a branch profitability model to assist management and the board in closing an unprofitable branch that was acquired in a 2016 merger. Annual savings are projected to be $100,000.

• Wrote a real estate investment policy to expand the CU’s consumer product offerings that did not include first or second mortgage lending.

• Negotiated a new debit card processing vendor that will save $60,000 annually in data processing expense.

• Assisted the CEO in developing the 2021-2023 Strategic Plan.

• Provided Executive Coaching to the CEO on personnel decisions and on prospective mergers. CU Engage, St., Petersburg, Florida – Card Processing Pricing Analyst

• Performed pricing analysis for clients negotiating with third party vendors on debit/credit card transactions, network processing and VISA/MC brand analysis.

• Provided training to employees on how to evaluate the financial strength of CU’s by reviewing KPI’s, balance sheet and net income trends. Highlighted how reducing data processing expenses can improve ROA.

• Wrote a white paper for CUE to provide to clients that may be approaching $10 billion in total assets. The paper discusses the various regulatory and compliance issues that can negatively impact current operating expenses.

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• Provided analytical support to the technology team in developing a proprietary software to perform vendor invoice analysis for their clients.

Virtual Healthcare Solutions LLC, Columbus, Ohio – New Business Consultant

• Assisted co-founders in developing a business plan and financial forecast to raise funds from Angel Investors.

PUBLIX EMPLOYEES FEDERAL CREDIT UNION – Lakeland, FL 2019

$1.1 billion Federally Chartered Credit Union

Chief Financial Officer

Managed $500 million investment portfolio and supervised four direct reports responsible for accounting, compliance, facilities and audit functions.

• Prepared SWOT analysis, KPI’s and peer group comparisons to support the development of a strategic plan to improve financial performance. Identified underperforming investment portfolio and low loan to deposit ratio.

• Executed the purchase and sale of various investments recognizing gains of $2.7 million and improving the total yield on investments by 40 basis points.

• Chaired ALCO and changed loan and deposit pricing to maximize net interest income. Resulted in $1.0 million in improved annual revenue.

• Implemented a management and discussion report that more clearly articulated financial results to the Board and executive management.

• Collaborated with executive management in developing the 2020 budget – totaling $50 million in revenue.

• Collected $100,000 in refunds of overcharged sales tax from various vendors.

• Negotiated construction contracts for two leasehold improvement projects (branch and operations) totaling $1 million.

KEMBA FINANCIAL CREDIT UNION – Gahanna, OH 2016 – 2018

$1.3 billion State Chartered Credit Union

Chief Financial Officer

Managed $200 million investment portfolio and supervised four direct reports responsible for accounting, compliance, facilities, operations and audit functions.

• Chaired ALCO and introduced disciplined pricing of loans and deposits that maximized net interest income that supported an ROA in excess of 1.20%.

• Collaborated with the Senior Executive of Lending in implementing Visible Equity software to comply with proposed accounting rules for CECL.

• Wrote the ERM Policy and Charter to assess, monitor and report on emerging risks and provide guidance to the board and management in establishing acceptable risk tolerances.

• Upgraded BSA/AML monitoring and reporting by installing behavior- based software – Verafin.

• Improved facilities management by insourcing facilities specialist, consolidated vendors, upgraded help desk software (Upkeep) resulting in over $200,000 in expense savings across 11 facilities.

• Converted card services processor from FIS to PSCU platform improving member service while generating expense savings of $100,000 per year.

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FREEDOM ACCEPTANCE CORPORATION – Norfolk, VA 2015

$55 million private Sales Finance Company

Chief Financial Officer (Interim)

Advised co-owners in developing a workout strategy and managed four direct reports responsible for human resources, collections, compliance and accounting functions.

• Implemented corrective actions to improve internal controls and policies related to consumer protection laws that were previously identified as deficient by the CFPB and various State Attorney Generals.

• Created business plan that improved the liquidity and capital position of the company that suffered significant losses in 2014.

• Corrected deficiencies in loan covenants in negotiating modified working lines of credit with the lead bank and PE firm.

• Implemented static pool analysis software to improve collection processes and monitoring of the accounts receivable portfolio.

SIGNATURE BANK, N.A. – Toledo, OH 2008 – 2015

$650 million private Commercial Bank

Chief Financial Officer

Managed $100 million investment portfolio and supervised four direct reports responsible for accounting, investor relations, wire/ACH operations and audit functions.

• Increased the ROA from 0.60% to 1.00%. Utilized customer and product profitability data to maximize net interest income and improve products per customer from 2.5 to 3.5.

• Redesigned internal controls for the Wire Transfer Process to improve operating efficiencies and reduce risk for the clients and the bank.

• Improved operating efficiencies by automating the A/P process by installing Bank-Tel software. ADDITIONAL CFO RELATED EXPERIENCE

THE HUNTINGTON BANK, N.A. – Columbus, OH Regional Chief Financial Officer 2000-2008

$53 billion Financial Services Holding Company

• Supported two Regional CEO’s and senior executives in commercial, retail, mortgage, private banking and trust lines of business.

FARMERS CITIZENS BANK – Bucyrus Green, OH Chief Financial Officer 1999-2000

$150 million private Community Bank

• Assisted CEO in curing various MOU findings from the OCC. PEOPLES STATE BANK – Hamtramck, MI Chief Financial Officer 1997-1999

$500 million private Community Bank

• Worked with investment advisor (Danielson Associates), independent CPA Firm (Grant Thornton), private majority owner and the board in executing the merger of Madison National Bank into Peoples State Bank.

BANK ONE – Fremont, OH Chief Financial Officer 1991-1997

$1.8 billion multi-bank region

• Supported four CEO’s of separately chartered commercial banks in Fremont, Lima, Marion and Mansfield, Ohio. 5

EDUCATION

Master of Business Administration (MBA), Business Management Bowling Green State University – Bowling Green, OH Bachelor of Science (BS) Accounting,

Albright College – Reading, PA

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