Treasury Professional

SUSIE CHEN Tel: 914-***-****

**** ***** ****** #** *-mail: ******@***.***

New Rochelle, NY 10804 LinkedIn Profile: http://www.linkedin.com/in/susiechen

SUMMARY

Results oriented hands on Treasury Professional with 15+ years of experience in Treasury/Finance both at Corporate and Operations level at various publicly traded companies.

Demonstrated strengths include the following:

 Cash Management – Domestic & International

 Bank Relationship Management  Fee Negotiations

 Contract Review

 Project Management  Compliance Review

 Acquisition Integration  Process Re-engineering

 Treasury Systems/Banking Products Implementations  Policy and Procedures

PROFESSIONAL EXPERIENCE

Barclays Capital [formerly Lehman Brothers], New York, NY [11/2005 – 10/2008]

Vice President – Network & Project Management - Treasury

 Established clearance and custody arrangements to support the regional business needs including Cash Management, Foreign Exchange, Private Equity, Insurance, Strategic Transactions Group, Fixed Income and Equities in various global markets – i.e. Russia, Kenya, Uruguay, Romania, U.A.E. and Canada.

 Participated in the RFP process, reviewed global markets and clearance mechanisms, gathered market intelligence, negotiated fees and service levels, coordinated the decision making process when selecting agent banks.

 Partnered closely with the Cash Management group on the development of a BRD and implementation of a global standard in-house banking platform designed to improve the cash application and cash disbursement processes.

 Successfully renegotiated Canadian clearance and custody fees for the existing Canadian equity business which yielded a 10% savings year-over-year.

 Successfully recovered approximately $600k in underpaid interest income in a GBP account from agent bank.

 Coordinated with bank providers, business partners, operations and IT to facilitate the implementation of new banking products/systems and account conversions for existing and new businesses while mitigating potential operational and transactional risks.

 Reviewed and negotiated banking and credit line agreements in conjunction with legal, tax and compliance departments to ensure all services and bank accounts are documented in accordance with regulatory requirements.

 Actively participated and supported the Securities Industry and Financial Markets Association [“SIFMA”] as a Sub-Committee Member in various projects – i.e. SignatureNet, TWIST, Account On-Boarding.

Metropolitan Life Insurance Company, New York, NY [09/2003 – 11/2005]

Director – Corporate Treasury

 Re-engineered the existing cash account structure and implemented best practices to optimize cash flow and net investment levels by re-directing cash and/or opening new cash accounts under the appropriate legal and tax entity.

 Established new custody arrangements and successfully negotiated favorable fee pricing relating to reinsurance agreements for domestic and international affiliates which yielded a net savings in excess of $1Million.

 Identified risk/exposure and recommended/implemented enhanced controls on bank documentation and cash management services/systems and related workflows.

 Established new Treasury policies in concert with Company’s financial initiatives .

 Worked on the implementation of Integra-T Treasury Workstation which was purchased by Sungard.

 Prepared cost benefit analysis for new banking services/products prior to implementation.

 Successfully implemented debit card pilot program for claims payment for the Auto & Home Group.

 Established controls over FX transactions to reduce exposure.

 Implemented JPMC’s i-Vault imaging product that replaced the physical shipping and microfiching of 28 million checks per year and also resulted in a net headcount reduction of two for the Firm. Unsolicited feedback was overwhelming, particularly with the Auto & Home and Property & Casualty call centers that handled heavy customer inquiries.

 Member of the Association for Financial Professionals.

Susie Chen Page 2 of 2

Mercer, Inc., New York, NY [12/1999 – 8/2003]

(A subsidiary of Marsh & McLennan Companies, Inc.)

Assistant Treasurer

 Managed cash for all US and International operations; successfully centralized US cash receipts; executed foreign exchange trades; coordinated quarterly repatriation of cash from overseas global operations and subsidiaries involving 40 countries.

 Revamped global cash reporting, including implementation of a global pooling structure to improve cash flow and maximize invested cash.

 Prepared detailed global reporting and analysis of cash flow activity for nearly 40 countries worldwide for a $2.7 billion consulting firm.

 Prepared quarterly reporting package outlining global credit facilities (Performance Bonds, Bid Bonds, Guarantees, LOC’s), interest bearing investments, compliance with assigned bank allocations.

 Conducted risk/compliance review of finance activities (receipts, disbursements, FX) against current Company Policies; implement recommended changes to minimize risk and enhance controls to achieve best practices; prepared compliance summary for senior management which included recommended/implemented changes which resulted in a very successful Internal Audit the following year.

 Developed compliance questionnaire relating to Sarbanes-Oxley Act that was rolled out globally.

 Member of the National Treasury Management Association and Association for Financial Professionals.

World Color Press, Inc., Greenwich, CT [03/1997 – 11/1999]

Director - Treasury Management / Corporate Cash Manager

 Managed cash for a $2.4 billion printing company with $1.4 billion in debt and average cash flows of $25 million daily.

 Prepared daily, weekly, monthly and quarterly reporting package detailing daily cash flows, debt borrowings/paydowns, interest accruals, short-term investments, stock buy-backs, etc.

 Integrated finance activities for approximately 20 new acquisitions.

 Implemented US Postal CAPS program which eliminated idle cash previously left at US Postal Meters at various locations.

 Prepared lease payoff analysis on plant equipments; prepared cash forecasting reports; conducted bank account fee analysis.

 Prepared Cash Desk and Treasury Policies and Procedures.

 Member of the National Treasury Management Association.

Marsh & McLennan Companies, Inc., New York, NY [12/1990 – 03/1997]

Corporate Financial Analyst - Pension Investments (1994 - 1997)

 Reviewed and reported the performance of pension and benefit plans Assets managed by various investment managers.

 Produced monthly and quarterly pension flash and compliance reports for U.S. and International Plans for review

by the Investment Committee.

 Coordinated with Benefits Department to ensure sufficient liquidity of Plan Assets against Benefit payments.

 Reviewed and analyzed fees relating to investment managers, advisors and trustees.

 Prepared an extensive annual report on Administration of Pension Plans (DB, DC & non-Qualified Plans) for

Board of Directors; prepared slides for Treasurer’s presentation to Audit Committee of Board of Directors.

 Member of Pension Group East.

Corporate Financial Analyst - Cash Management (1992-1994)

 Managed daily corporate funds; invested idle cash from subsidiaries; borrowed via issuance of commercial paper, and

monitored compensating bank account balances on all relationships.

 Produced daily treasury flash report for Chief Financial Officer.

 Monitored interest rates with regard to commercial paper and interest-rate swaps.

 Prepared cash flows for Assistant Treasurer.

 Member of the National Treasury Management Association.

Administrative Assistant - Treasury Department (1990-1992)

 Performed full range of administrative and secretarial functions for all 9 members of Corporate Treasury department,

including managing corporate receivables and disbursements and preparation of pension plan reports.

EDUCATION: New York University

B.A. Economics

SKILLS: Excellent Written and Oral Skills

MS Word, Excel, Power Point, Project Management

Fluent in Spanish

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