Lloyd B. Shields
**** **** ***** ¨ Brookfield, IL 60513 ¨ Home 708-***-**** or Cell 312-***-**** *************@*********.***
SUMMARY OF QUALIFICATIONS
Well – qualified results driven Chief Financial Officer / Controller with a distinguished career building organizations, developing financial teams and significantly improving financial and operational performance highlighted by more than 15 years of progressive leadership and management experience.
CORE COMPETENCIES
Finance -Planning/Forecasting, Risk Management, Cost Control, AR & AP, Cash flow management
Financial Reporting, Performance measurement, Financial analysis
Operations Management-Operations analysis, Organizational design & development, Process performance improvements, Project Management
Leadership-Team Building, Turn around leadership, Mergers and Acquisitions, Staff Supervision/Training, Change agent catalyst
Professional Experience
JPMorgan Chase & Co
Senior VP and CFO - Corporate Real Estate & Security - 2000 - 2009
Eliminated Capital project expenditure over runs by $25 million annually and reduced operating expenses by $ 10 million per year.
Designed a process and methodology for calculating and tracking reserves post merger that resulted in a $500 million reserve that was approved by external audit and successfully booked at closing.
Established payable process integrity that resulted in reducing run rate operating expenses by $100 million annually while overall cost to support the process was reduced by $2 million annually.
Assumed the finance lead in the strategic analysis identifying under utilized and vacant space throughout the real estate portfolio resulting in a $400 million reduction in annual operating expenses.
Senior VP and Head of Management Accounting -1995 - 2000
Successfully completed the integration of diverse internal financial management reporting methodologies due to mergers; implemented a workable solution into the new Corporate SAP based reporting system.
Senior VP and CFO - Retail Banking Line of Business - 1987 – 1995
Analyzed the cost structure of retail products, created and implemented a pricing matrix for each individual product that Resulted in immediately improving profitability on a go forward basis.
Education
Bachelor of Business Administration – Accounting & Finance
LOYOLA UNIVERSITY OF CHICAGO
Community Activities
Treasurer for Williamsburg West Homeowners Association (non-profit)
Treasurer for Chicagoland ACOA Integroup (non-profit)