Summary
Overview
Work History
Education
Skills
Certification
Timeline
Community Service

MEL STEALS

Pittsburgh,United States

Summary

Corporate strategy leader with 24 years of financial services experience seeks opportunity to create value leveraging skills honed by solving a variety of business problems. Expert in developing and executing transformative business initiatives. Proficient at managing and improving process across a wide array of functions. Effective in cultivating and maintaining relationships with customers, vendors, the community and internal stakeholders.

Overview

27
27
years of professional experience
1
1
Certificate

Work History

SVP, Strategy and Planning Manager, Sr.

PNC Treasury Management
Pittsburgh, PA
04.2016 - 11.2023
  • Coordinated strategic initiative to integrate $70 million merchant services business within the corporate bank and build a modern merchant acquiring platform, while serving as a member of TM Merchant leadership team.
  • Managed annual strategic planning process / roadmap of product, technology and operations for $2+ Billion Treasury Management division.
  • Established and tracked key performance indicators to assess effectiveness of adopted initiatives to inform executive team actions.
  • Identified a machine learning technology partner to invest in and piloted an early artificial intelligence use case for PNC.
  • Sourced a Fin Tech equity investment to position PNC's receivables services for a more digital future while expanding current capabilities.
  • Participated as a Treasury Management subject matter expert in corporate wide efforts to modernize the bank core platform and build a European branch.

SVP, Director of Invoice Automation Solutions

PNC Treasury Management
Pittsburgh, PA
12.2010 - 04.2016
  • Led a start up to create new products that precede payments, involving invoice automation, procure to pay work flow and a supplier portal.
  • Cultivated and maintained industry relationships and customer partnerships to develop business.
  • Supported sales process by deploying a team of process re-engineering consultants and personally participating in sales calls.
  • Managed global technology vendor relationships from contract negotiation through ongoing maintenance.
  • Oversaw large team inclusive of direct reports, outsourced resources and shared services including technology, operations and service.

VP, Strategic Initiative Manager

PNC Treasury Management
Pittsburgh, PA
02.2008 - 12.2010
  • Direct report to Division CEO splitting time between Healthcare Vertical strategy and general Treasury Management efforts
  • Coordinated division integration strategy for the PNC/Nat City merger and had accountability for employee training and customer service.
  • Led the due diligence on several potential acquisitions and partnerships of strategic import to business direction.
  • Member of leadership team charged with implementing a healthcare vertical business.
  • Negotiated a multi-million dollar software license with a revenue cycle healthcare vendor.
  • Led the rationalization of an acquired 30 person clearing house operation.
  • Managed a ten person team responsible for implementing complex revenue cycle solutions working with healthcare providers and insurers.

CFO - Performance Measurement

PNC Financial Services
Pittsburgh, PA
11.1999 - 02.2008
  • Entered PNC via the finance organization and became a critical staff member supporting the C Suite in developing corporate strategy culminating in CFO role.
  • Worked directly with PNC Chairman / CEO on board approved annual strategy.
  • Coordinated quarterly performance reviews for the PNC CEO and Line of Business Heads.
  • Directed corporate team compiling corporate budget, forecast and strategic plan.
  • Managed incentive compensation plans for executives and regional sales presidents.
  • Coordinated execution of $100 million portfolio of continuous improvement revenue, expense reduction and pricing ideas for Corporate Banking and Shared Services executives.

Manager of Financial Planning and Analysis

Campbell Soup Company
Camden, NJ
01.1999 - 10.1999
  • Monitored pension ($1.6 B portfolio) performance and executed investment strategies with managers.
  • Forecasted cash flow to estimate interest expense and credit ratios.

Senior Financial Analyst

Atlantic Richfield Corporation
Los Angeles, CA
12.1996 - 12.1998
  • Led projects to repurchase ~$1 billions of company issued debt and equity securities.
  • Coordinated rationalization of gas stations/c-stores through asset sales working with the field.

Education

MBA - General Management

Amos Tuck School of Business, Dartmouth College, Hanover, NH
05.1996

Bachelor of Science - Finance And Real Estate

University of Pennsylvania, Philadelphia, PA
05.1992

Skills

  • Profit and Loss Management
  • Strategic Planning and Execution
  • Process Management and Improvement
  • Performance Measurement and Evaluation
  • Product Management
  • Business Development
  • Corporate Finance
  • Board Governance

Certification

  • Certified Treasury Management Professional (CTP) - 2014

Timeline

SVP, Strategy and Planning Manager, Sr. - PNC Treasury Management
04.2016 - 11.2023
SVP, Director of Invoice Automation Solutions - PNC Treasury Management
12.2010 - 04.2016
VP, Strategic Initiative Manager - PNC Treasury Management
02.2008 - 12.2010
CFO - Performance Measurement - PNC Financial Services
11.1999 - 02.2008
Manager of Financial Planning and Analysis - Campbell Soup Company
01.1999 - 10.1999
Senior Financial Analyst - Atlantic Richfield Corporation
12.1996 - 12.1998
Amos Tuck School of Business, Dartmouth College - MBA, General Management
University of Pennsylvania - Bachelor of Science, Finance And Real Estate

Community Service

Served on nonprofit boards focused on education, economic development and social services:

Board Chair and Member of the Greater Pittsburgh Community Food Bank (2009-2018)

  • Oversaw board governance via leadership of the Executive and CEO Performance committees
  • Chaired Long Range Planning committee during transition from Founder CEO to a new CEO

Chairperson of Hill House Economic Development Corporation (2006-2010)

  • Led multi-million dollar investments in an office building and secured the rights that led to the building of a grocery store development within the historic Hill District of Pittsburgh
  • Served as a board member on the affiliated Hill House Association board

Board Secretary of Junior Achievement of Western Pennsylvania (2005-2009)

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