Tommy Esposito

Collaborate with CFOs and Treasurers at nonprofit hospitals to advise on investment strategy and balance sheet management. Includes identification and quantification of the following:

1 - Resources - decompose Total Assets to determine what assets are truly unrestricted and potentially available in <7 days to meet emergency liquidity needs. Include detailed analysis of alternative investments, available credit lines, and credit capacity in our analysis.

2 - Risks - lead a… Show more

Collaborate with CFOs and Treasurers at nonprofit hospitals to advise on investment strategy and balance sheet management. Includes identification and quantification of the following:

1 - Resources - decompose Total Assets to determine what assets are truly unrestricted and potentially available in <7 days to meet emergency liquidity needs. Include detailed analysis of alternative investments, available credit lines, and credit capacity in our analysis.

2 - Risks - lead a disciplined effort to identify and quantify the dollar impact of the top 10-15 risks facing the organization, and use this information as a basis for calculating a stress-level liquidity requirement.

3 - Investment Strategy - combine Resources and Risks to formulate an investment strategy that sets an asset allocation that prioritizes protecting hospital liquidity first, while pursuing risk-optimized returns second. Collaborate with Investment Advisors to implement a Liquidity Pool and Long Term Pool, with requisite volatilities set in collaboration with clients based on a detailed risk tolerance exercise.

Please DM me if you are interested in learning more.

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ABOUT KAUFMAN HALL

For almost 40 years, Kaufman Hall has helped society’s foundational institutions improve financial performance, make effective strategy decisions, and achieve transformative outcomes. Show less

Guided community banks in enhancing credit risk strategies, implementing CECL credit reserve models, and achieving 100% compliance in liquidity regulations. Built and validated credit models for retail mortgages, commercial loans, and credit card portfolios. Presented in person to three state bank treasury conferences on ALCO Committee and Liquidity Management; achieved 90% satisfaction score.

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ABOUT VELLIGAN-BLAXALL… Show more

Guided community banks in enhancing credit risk strategies, implementing CECL credit reserve models, and achieving 100% compliance in liquidity regulations. Built and validated credit models for retail mortgages, commercial loans, and credit card portfolios. Presented in person to three state bank treasury conferences on ALCO Committee and Liquidity Management; achieved 90% satisfaction score.

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ABOUT VELLIGAN-BLAXALL CONSULTANTS

Velligan-Blaxall Consultants provides risk management and consulting services to banks, credit unions and FinTech companies. Show less

Contributed to the determination of minimum capital requirements by calculating risk weighted assets within a $470B portfolio of retail loans encompassing credit cards, mortgages, home equity loans, and auto financing agreements. Supervised three direct reports in the United States and India. Improved efficiency and productivity through the identification, consolidation, and automation of manual processes. Led the integration of seven user tools in Excel to a new capital software… Show more

Contributed to the determination of minimum capital requirements by calculating risk weighted assets within a $470B portfolio of retail loans encompassing credit cards, mortgages, home equity loans, and auto financing agreements. Supervised three direct reports in the United States and India. Improved efficiency and productivity through the identification, consolidation, and automation of manual processes. Led the integration of seven user tools in Excel to a new capital software application. Established a formal process to organize and categorize information and communications relating to variances in risk-weighted assets throughout the portfolio. Results included the consolidation of 25 output fields into five categories, reduced preparation time, and improvements in comment quality.

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ABOUT JPMORGAN CHASE

JPMorgan Chase & Co. is a multinational investment bank and financial services company. Show less

Managed a three-person team with responsibility for credit risk monitoring, analytics, and loss forecasting within an $87B portfolio of domestic credit card accounts. Successfully lowered the loss forecast process from two days down to two hours. Improved insight into profits sorted by business by overhauling risk monitoring to separate Citi-branded credit cards from co-branded credit cards through Costco and other merchants. Formed a multi-disciplinary team that identified $105M in loss… Show more

Managed a three-person team with responsibility for credit risk monitoring, analytics, and loss forecasting within an $87B portfolio of domestic credit card accounts. Successfully lowered the loss forecast process from two days down to two hours. Improved insight into profits sorted by business by overhauling risk monitoring to separate Citi-branded credit cards from co-branded credit cards through Costco and other merchants. Formed a multi-disciplinary team that identified $105M in loss reduction opportunities through 25 strategies that were presented to the Chief Risk Officer.

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ABOUT CITI

Citi is a leading global bank that serves more than 200 million customer accounts and does business in more than 160 countries. Show less

Established a risk team from the ground up to support the bank’s new credit card business following the acquisition of the $6B Target credit card portfolio. Led two direct reports performing credit risk reporting and loss forecasting. Lowered credit card losses by $5M by identifying performance gaps in a third party collections vendor. Met a 90-day deadline for Basel II regulatory compliance by building an SAS-based Loss Reserve process for the $60B US Retail portfolio, which was approved by… Show more

Established a risk team from the ground up to support the bank’s new credit card business following the acquisition of the $6B Target credit card portfolio. Led two direct reports performing credit risk reporting and loss forecasting. Lowered credit card losses by $5M by identifying performance gaps in a third party collections vendor. Met a 90-day deadline for Basel II regulatory compliance by building an SAS-based Loss Reserve process for the $60B US Retail portfolio, which was approved by auditors and the OCC.

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ABOUT TD BANK

TD Bank, N.A. is the US national bank and subsidiary of the Canadian multinational Toronto-Dominion Bank. Show less

Used Strategic Analytics forecast scenario software, data from various sources including internal systems, Excel, Access and Moody’s, to enable stress testing of credit loss forecast results in multiple macroeconomic scenarios. Re-engineered the forecast process to allow both US GAAP and IFRS reporting of forecast results for the US and UK using Excel. Provided credit forecast support and purchase accounting details for three M&A deals.