Kevin Williamson
North Oxford,MA
Summary
Analytical and meticulous Financial Specialist equipped with in-depth understanding of financial risks associated with a range of organizational actions. Focused on limiting or balancing risk against reward for optimal decision-making. Experienced in handling complex data to understand potential impacts, performing analysis and developing recommendations. Brings great presentation and interpersonal communication skills.
Overview
14
14
years of professional experience
Work History
Vice President of Risk Management
Webster First Federal Credit Union
Worcester, MA
11.2017 - 11.2021
- Developed long range forecasts, annual budgets, and rolling forecasts
- Advised management on how to improve performance, minimize risk, and capture new opportunities
- Implemented financial risk management policies, limits and strategies that complied with standards and strategic imperatives of the organization
- Spearheaded cross-functional initiatives across departments to achieve business goals for bottom- line profitability
- Coordinated with multiple departments to improve rate setting and asset liability management efficiency
- Built and maintained financial models to make capital budgeting decisions, allocate resources and forecast cash/investment needs
- Implemented new asset liability management software along with corresponding processes and procedures for more in-depth financial reporting and statistical analysis
- Created dashboards and financial reports to deliver operational metrics and KPI reporting
- Validated and improved existing metrics and created new resources for data-driven insights
- Provided leadership on metric definitions and analytic methodologies to assess key business value drivers
- Devised new systems and specific processes to handle ongoing monitoring needs for potential risks
- Informed financial decisions by analyzing financial information to forecast business, industry and economic conditions
- Built contingency plans to successfully handle financial emergencies
- Coordinated ongoing efforts to strengthen risk culture and fine-tuned risk appetite for lending and funding activities.
Assistant Vice President of Finance
Webster First Federal Credit Union
Worcester, MA
04.2014 - 11.2017
- Improved outdated financial management system by creating, revising and documenting accounting policies and procedures
- Drove the development and maintenance of methodologies used for organizational reporting, ensuring overall data integrity
- Translated data into high-value, actionable insights for senior management team, developing and refining new analyses in response to business needs and bringing expertise on emerging trends
- Identified opportunities to improve business process flows and overall departmental productivity
- Used asset liability management software to create reports and recommended courses of action to senior management
- Helped establish performance goals for multiple departments and provided methods for reaching milestones
- Completed statistical reviews to uncover trends, patterns and variations
- Developed presentations and reports to inform and educate board of directors and financial team on growth possibilities
- Continually reevaluated productivity and conducted internal audits to identify opportunities for restructuring and cost-savings
- Conducted statistical analysis and evaluated interest rate risk via use of asset liability management software.
Senior Financial Analyst
Webster First Federal Credit Union
Worcester, MA
10.2010 - 04.2014
- Performed in-depth research and recommended strategies to resolve problems and prevent concerns
- Assisted CEO and senior leadership team in implementing strategic business plans and new initiatives based on industry trends and cost reduction analysis
- Developed long-term strategy for revenue and margin expansion with monthly, quarterly and annual forecasting to stay ahead of the competition
- Created and made appropriate documentation for annual budgets and senior leadership goals
- Increased workflow by analyzing data and maximizing opportunities for improved productivity across several areas
- Developed tools to analyze revenue variance, business pipeline, and industry trends
- Produced and filed reports to inform senior management of current activities and progress with examinations
- Administered and helped to prepare annual financial plans, quarterly forecasts, month-end reporting and analysis of budget-to-actual results, various dashboards for managerial reporting, trend analysis, and ad hoc analysis to support management decision-making
- Assisted in numerous mergers and acquisitions over a relatively short period.
Financial Analyst
Webster First Federal Credit Union
Worcester, MA
11.2007 - 10.2010
- Coordinated with internal and external auditors during audit period
- Recommended solutions to complex accounting functions
- Reviewed detailed quarterly and annual financial reports with analysis for submission to executives
- Responsible for month-end close and accounts reconciliations
- Prepared comparative analysis of department budget and expenses
- Assisted with identifying impediments across work streams and collaborated with other departments to resolve any issues
- Utilized experience in performing competitive analysis to demonstrate how products are offered for process-improvement purposes
- Collected data and developed detailed spreadsheets to identify trends and create revenue, profitability and expense forecasts
- Supported the reporting process, developed best practice processes to communicate financial results efficiently and effectively to senior management.
Education
BBA - Finance
University of Massachusetts Amherst
Amherst, MA05.2007
Skills
- MS Office
- Report Preparation and Presentation
- Financial Modeling
- Strategic Financial Planning
- Advanced Financial Analysis
- Budgeting and Variance Analysis
- Statistical Trends
- Monthly Forecasting
- Expense and Revenue Analysis
- GAAP and Statutory Reporting
- Financial Leadership
- Cash Flow and Reconciliation
Accomplishments
- Graduated from the National Association of Federal Credit Union's (NAFCU's) Management and Leadership Institute at Duke University.
- Completed Eascorp's Asset Liability Management (ALM) Academy.
- Successfully completed six mergers in my time at Webster First FCU.
- Helped Webster First FCU to grow 3x in asset size in my time there.
- Instrumental in implementing a new Asset Liability Management Software in 2018.
- Helped maintain industry leading ROA and Capital Ratios.
Timeline
Vice President of Risk Management
Webster First Federal Credit Union
11.2017 - 11.2021
Assistant Vice President of Finance
Webster First Federal Credit Union
04.2014 - 11.2017
Senior Financial Analyst
Webster First Federal Credit Union
10.2010 - 04.2014
Financial Analyst
Webster First Federal Credit Union
11.2007 - 10.2010
BBA - Finance
University of Massachusetts Amherst
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