Michael L. Gampp
Summary
Dynamic Executive Professional with extensive expertise in managing and advising major financial institutions, specializing in risk management, accounting, and financial analysis. Proven track record of enhancing operational efficiency through strategic planning and process improvements, resulting in significant productivity gains. Recognized for fostering collaboration across teams to deliver exceptional client experiences and optimize financial outcomes.
Overview
25
25
years of professional experience
1
1
Certification
Work History
Chief Financial Officer
Telhio Credit Union
Columbus, Ohio
11.2024 - Current
- Guided accounting and finance team in managing operations for a $1.4 billion financial institution.
- Directly oversee all areas of accounting and financial reporting
- Optimized financial operations, achieving a $200,000 annual reduction in program expenses.
- Identified $3.5 million reduction in yearly operating costs to enhance profitability and capital ratios.
- Managed process of selling and leasing back two branches to improve yearly financial outcomes.
- Instituted system to enhance understanding and responsibility through financial data sharing.
Chief Risk Officer
Telhio Credit Union
Columbus, Ohio
08.2024 - 11.2024
- Established comprehensive risk management function within credit union.
- Partnered with the Board and Senior Management to craft comprehensive risk appetite frameworks.
- Provided insights to senior leadership regarding frameworks such as COSO, Three Lines of Defense, RACI.
- Expedited overdue risk assessments for timely year-end completion.
- Formulated and executed a structured approach for regulatory compliance in partnership with the compliance officer.
EVP & Chief Risk Officer
Corporate One Federal Credit Union
Columbus, Ohio
09.2018 - 07.2024
- Led a team managing enterprise risk management for $5B financial institution across the United States.
- Supervised operational, reputational, IT, and cyber risk management functions effectively.
- Worked collaboratively with various unit leaders to optimize the organization's risk management.
- Facilitated dialogues with multiple regulatory entities.
Vice President of Advisory Services
Accolade Asset/Liability Advisory Services
Columbus, Ohio
01.2013 - 08.2018
- Deliver direct advisory and balance sheet services for more than 50 financial institutions with more than $4B in assets
- Provide expert knowledge to educate clients across all aspects of risk including operational, liquidity, credit, interest rate and regulatory risks
- Evaluation of potential returns of investment securities with in applicable state and federal regulations as well as institution specific interest rate risk and ALM policy limitations
- Develop policies to set appropriate limitations for relevant risk exposures
- Developed model contingency funding policy and liquidity stress test that helped clients better understand their liquidity risk and communicate that understanding to their regulators
- Assist clients in strategically managing balance sheet liabilities including strategic structuring and pricing of share accounts and wholesale funding sources
- Review and evaluate loan participation purchases with a focus on quantifying potential assumed risks and returns
- Review and interpret quarterly ALM results in the context of ongoing balance sheet strategies
- Work with clients to help them understand risk exposures within the context of their specific institution and provide guidance formulating responses to regulatory inquiries
- Assist clients in quantifying loan portfolio credit risk and assist in implementing and developing models and processes to provide forward looking analysis of potential credit losses
- Developed strategies to help increase loan originations while utilizing data to limit credit and interest rate risk
- Developed a loan participation program with model policies
- Created an innovative user-friendly liquidity and portfolio activity dashboard that is actively utilized by clients weekly to optimize short-term liquidity levels and portfolio returns
- Grew client base by 159% and led client development and new business efforts
- Designed client specific strategic plans
- Played a key role in reducing rate risk exposure by 50% in nine months for one client while maintaining positive annual earnings
- Facilitated strategic planning retreats
- Researched, developed, and presented formal strategic plans that met client expectations and enhanced trusted and respected professional relationships
- Analyzed potential merger and acquisition targets and provided expert advice on potential acquisitions
- Developed balance sheet leverage strategies for clients resulting in substantial increases in net income while maintaining compliance with all applicable risk requirements
President and CEO
American Savings Bank
Portsmouth, Ohio
01.2011 - 12.2013
- Served as lead executive for internal and external stakeholders
- Developed risk-based capital planning and analysis framework
- Evaluated the potential impact of BASEL III on the institution
- Implemented outside director education programs focused on governance and risk management
- Implemented risk-based approach to managing regulatory compliance with quarterly assessments and reporting to the Board of Directors
- Designed and implemented initiatives that led to a higher rate of customer retention
- Developed staff incentives and process and procedures that attracted high quality candidates
- Spearheaded retail product offerings initiatives that enhanced client experiences
- Created new vision statement aligned with core values
- Led three successful acquisition from initial contact through final integration of all operations
- Through acquisitions and organic growth, grew the institution by 80% over ten years
- Revised all credit management and loan underwriting policies and procedures
- Implemented ongoing monitoring for credit risk with monthly reporting to the Board of Directors
Executive Vice President/Chief Financial Officer
American Savings Bank
Portsmouth, Ohio
01.2000 - 12.2010
- Created internal control framework required by Sarbanes Oxley
- Oversaw financial operations, prepared financial statements and provided regulatory reporting following strict guidelines by the OTS, OCC, Federal Reserve, FDIC, and SEC
- Coordinated all external audits and regulatory examinations
- Organized and led functioning ALCO, credit, and compliance committees
- Oversaw compliance, IT, Human Resources, and retail branch operations and coordinated with department leaders to ensure adequate resources and strategic plan alignment
- Developed and implemented internal audit processes covering compliance, IT, credit risk, and internal controls
- Performed assessments of potential risk exposures and developed risk based audit plans
- Participated in the evaluation and implantation of a new core processor and general ledger system that provided expanded reporting capabilities and an increase in the ability to provide relevant products and services to our customers
- Created a Community Development Entity
- Applied for and recognized as one of thirty-nine recipients nationally in the first allocation of New Market Tax Credits with a total net economic benefit of $1.8 million to the institution
Education
RIMS- Certified Risk Management Professional -
01.2021
CUES School of Enterprise Risk Management -
01.2017
Master of Business Administration -
Morehead State University
Bachelor of Science - Finance
The Ohio State University
Skills
- Strategic Risk Management & Assessment
- Team leadership
- Financial forecasting
- Regulatory compliance
- Financial reporting
- Strategic planning
- Financial Management
- Project Controllership
- Billion $ Asset Management
- Client Development
- Strategic Planning & Analysis
- Liquidity & Portfolio Management
- Competitive Intelligence
- Financial Modeling
- Industry Networking
- Loan Participation Programs
- Balance Sheet Management
Certification
- Certified Enterprise Risk Manager, CUES School of Enterprise Risk Management, 2017
- RIMS- Certified Risk Management Professional, 2021
- Certified Public Accountant
- Registered Investment Advisor
- ISACA CRISC
- Certified Valuation Analyst, 1997-2000
- Series 6 License, 1998-2000
- Ohio State University Academy for Financial Executives, 2001
- Member of Governor’s Financial Leadership Committee, 2011
- Ohio Bankers League - Graduate of Bank Leadership Institute
Timeline
Chief Financial Officer
Telhio Credit Union
11.2024 - Current
Chief Risk Officer
Telhio Credit Union
08.2024 - 11.2024
EVP & Chief Risk Officer
Corporate One Federal Credit Union
09.2018 - 07.2024
Vice President of Advisory Services
Accolade Asset/Liability Advisory Services
01.2013 - 08.2018
President and CEO
American Savings Bank
01.2011 - 12.2013
Executive Vice President/Chief Financial Officer
American Savings Bank
01.2000 - 12.2010
RIMS- Certified Risk Management Professional -
CUES School of Enterprise Risk Management -
Master of Business Administration -
Morehead State University
Bachelor of Science - Finance
The Ohio State University
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