Expert Details
Banking, Financial Services
ID: 725796
Georgia, USA
He has over 35 years of banking experience both as a line manager and as a consultant in bank operations responsible for all deposit and loan applications and most cash management applications. He held senior/executive positions at two of the 50 largest financial institutions in the country. He was hired as manager of operations at one of these banks, Centrust, with less than 15 years experience in banking.
Reengineering check processing, return items, adjustments, check clearing and all other deposit application systems plus their balancing and control at banks and operating centers of major banks. Reengineering state tax return and payment processing functions plus bank wholesale and retail lockbox functions to mirror state of the art lockbox operations.Vendor selection and installation of up to 13 cash management products and services.Vendor selection and installation of deposit, loan, subsidiary and cash management application system software.Branch office reengineering and operations consolidations for bank holding companies
Education
| Year | Degree | Subject | Institution |
|---|---|---|---|
| Year: 1974 | Degree: Master of Administration | Subject: Business | Institution: Penn State University |
| Year: 1969 | Degree: BS in Business Administration | Subject: Finance | Institution: Duquesne University |
Work History
| Years | Employer | Title | Department |
|---|---|---|---|
| Years: 1998 to Present | Employer: Undisclosed | Title: Managing Director | Department: N/A |
Responsibilities:He is the Managing Director of a consulting firm that specializes in banking and financial services matters. He consults in financial services areas of expert witness cases, income improvement, processing re-engineering, cash management and software evaluation & installation.He obtained his first Expert Witness engagement in 1997. He obtained additional engagements from referrals provided by previous clients and opposition counsel prior to expanding this practice nationally offering a full range of Expert Witness and Litigation Support services. Expert has completed over 20 cases. He has served as an expert in both state and federal court cases representing plaintiffs and defendants in civil and criminal cases that have involved amounts at issue ranging from $100,000 to $130 million. These actions have been associated with financial services organizations with assets ranging from $250 million to over $850 billion. The scope of these cases include but are not limited to depositing fraudulently obtained or embezzled funds into bank accounts; identity theft; cash management products; check processing; return items; disaster recovery; safe deposit boxes; mortgage loan administration and procedures; international banking; payment processing; regulatory compliance and a Ponzi scheme |
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| Years | Employer | Title | Department |
| Years: 1990 to 1998 | Employer: Independent Consultant | Title: None | Department: |
Responsibilities:He was an independent consultant completing banking and fanancial service engagements he acquired and contracting his services to national consulting firms with a focus on depsoits, cash management, checks, planning and regulatory compliance. |
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| Years | Employer | Title | Department |
| Years: 1987 to 1990 | Employer: Centrust Bank | Title: Managing Director, Operations & Administration | Department: Operations |
Responsibilities:He managed checking, deposit, loan and administrative functions for this $13 billion financial services firm. He was recruited to the bank to conceptualize, implement and manage a centralized operating strategy for deposits and loans and to install new technology and a service culture. He created and managed the bank’s Operating Department; the installation of deposit, loan and subsidiary software applications; the reengineering of most processes and procedures; installing new check processing and teller and platform hardware and software, and; the development of new products and software applications. |
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| Years | Employer | Title | Department |
| Years: 1973 to 1987 | Employer: Mellon Bank | Title: Vice President, Controll Operations | Department: Operating |
Responsibilities:He held five increasingly more responsible management positions. His primary responsibilities involved addressing the needs of deposit, loan and cash management functions experiencing difficulties in virtually any area. He managed well over 20 different banking functions and reengineered 14 of the functions. Eight new software applications were developed or purchased and installed to support these functions.He also developed, implemented and managed six new products and services, installing new hardware and/or software for five. Prior to assuming other responsibilities two of the products, Retail Lockbox and Funds Concentration, had grown to become the largest services of their kind offered by a U. S. bank at that time. He was also very involved in the acquisition of three banks with assets exceeding $7 billion completing due diligence and operations consolidations along with the conversion of the acquisitions to Mellon’s deposit and General Ledger software as required. |
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Career Accomplishments
| Associations / Societies |
|---|
| He is currently a member of the Georgia Automated Clearinghouse Association (GACHA), the National Automated Clearing House Association (NACNA) and the Association of Certified Anti-Money Laundering Specialists (ACAMS). Prior affiliations include offices in professional organizations to include a national technical association industry chair and two regional electronic banking organizations, He also served as Vice Chairman of the American National Standards Institute’s (ANSI) financial services standards organization for four years and as a member of its Board of Directors for over five years. This ANSI organization is comprised of over 180 financial services organizations and affiliated service providers |
| Professional Appointments |
|---|
| A national technical association industry chair and two Vice Presidential appointments to regional electronic banking organizations. Federal Reserve Board (FRB) and Bank Administration Institute studies of banking iissues leading to the development and implementation of a FRB regulation. |
Additional Experience
| Expert Witness Experience |
|---|
| He obtained his first Expert Witness engagement in 1997. He expanded this practice to be a major offerring of the firm in 2006. He has completed cases in both state and federal court representing plaintiffs and defendants in civil and criminal matters that have involved amounts at issue ranging from $100,000 to $130 million. These actions have been associated with financial services organizations with assets ranging from $250 million to over $850 billion. The scope of these cases involved deposit, checking and loan accounts, their processing, procedures, workflows and regulatory requirements plus most cash management services to include but not limited to the collection and disbursement services. |
| Vendor Selection |
|---|
| As a consultant, he has sourced vendors for four major software applications and led the approval, purchase and installation processes. As a manager, on over 20 occassions he was responsible for the sourcing and purchase or leasing of software and equipment with a value of between $100,000 and $4,000,000. As a former ANSI X9 executive he has access to information regarding the products and service offerrings of over 150 industry vendors who are members of X9. |
| Other Relevant Experience |
|---|
| During his career he has made an effort to focus on major industry issues. His current focus involves money laundering and remote deposit capture. |