WILLIAM REED
New York
Summary
Highly experienced accounting and finance executive with a strong background in strategic financial management, operations management, liquidity management and regulatory oversight. Proven expertise in directing high-performing teams and implementing robust risk management controls. Adept at managing large-scale financial operations, developing and executing investment strategies, and ensuring regulatory compliance. Skilled in cash flow management, budgeting, forecasting and financial reporting. Committed to driving financial efficiency and operational excellence across global financial operations.
Overview
25
25
years of professional experience
Work History
Senior Financial Planning & Analysis Manager
Chimera Investment Corporation
New York
01.2022 - Current
- Senior manager responsible for advisory and collaboration with the Chief Financial Officer and Executive team to develop, implement and streamline programs to manage the financial health and operational efficiencies of the company.
- Operational oversight of day-to-day administrative and operational functions of the business.
- Strategize directly with the Chief Financial Officer and the Executive team to ensure adequate liquidity management.
- Manage budgeting, forecasting, financial reporting and resource allocation of $100mm in operating expenses.
- Oversee process improvement and integration of new technologies to improve operational efficiency.
Senior Risk & Operations Manager
TD Securities
New York
01.2020 - 01.2022
- Senior leader within Wholesale Banking responsible for collaborating with the business to develop, implement, and monitor risk-based programs and operations to ensure regulatory compliance.
- Partnered with Business heads and Control Executive team to establish control governance for Sarbanes-Oxley (SOX) compliance.
- Supervised the end-to-end execution of the Risk & Control Self-Assessment & QC/QA programs.
- Managed the Comprehensive Capital Analysis and Review (CCAR) ensuring regulatory compliance with bi-annual stress tests.
- Strategized and led change initiatives inclusive of the operational logistics of merger with Cowen Inc.
Senior Risk & Operations Director
Bank of America
New York
01.2017 - 01.2019
- Senior leader within Global Markets Operations to drive the risk and strategic framework across the newly formed Shared Services functions leading collaborations with the business to mitigate risk and operational efficiencies.
- Provided oversight for organization by managing a global team responsible for risk management programs.
- Developed and implemented policies, procedures and controls to monitor and minimize the risk exposure of assets.
- Advised senior management on decision-making that aligns with the organization’s risk appetite and strategic objectives.
- Oversaw department’s recruitment and hiring, budget development and change management leading to operational efficiencies.
Senior Operations Director
Bank of America
New York
01.2005 - 01.2017
- Senior Director focused on establishing strategic vision and direction in implementing risk management and information technology support for the increasing complexity of fixed income products traded by the Global Markets business.
- Managed a global team responsible for position management and financial reporting of $65 billion of total assets.
- Reviewed and validated that all daily operations tasks are completed through supervisory controls.
- Directed and managed the strategic integration of full life cycle events on fixed income products to target enterprise platform.
- Provided guidance to senior management on new business ventures and oversight on the execution of management strategies.
Senior Analyst
JPMorgan Chase
New York
01.2001 - 01.2005
- Senior analyst across the firm’s key lines of businesses including Corporate Reporting, Investment Management, Private Banking, Institutional Trust Services and Global Markets.
- Provided financial tables for the earnings release, 10-Q and Annual report involving $759 billion of total assets.
- Developed analytical models for the allocation of capital for operational and business risk.
- Spearheaded the retrieval of aged receivables for the business and directed the business to highly profitable market segments.
- Prepared the daily cash flow settlement advice, Profit and Loss reporting and balance sheet substantiation.
Education
Executive Master of Business Administration - Business Administration
Hofstra University
Hempstead, NYBachelor of Business Administration - Accounting & Finance
Baruch College
New York, NYSkills
- Strategic planning and resource allocation
- Financial reporting and data analysis
- Regulatory compliance and expense management
- Profitability analysis and budget management
- Recruitment and hiring strategies
- Operations management and business development
- Team leadership and problem solving
Timeline
Senior Financial Planning & Analysis Manager
Chimera Investment Corporation
01.2022 - Current
Senior Risk & Operations Manager
TD Securities
01.2020 - 01.2022
Senior Risk & Operations Director
Bank of America
01.2017 - 01.2019
Senior Operations Director
Bank of America
01.2005 - 01.2017
Senior Analyst
JPMorgan Chase
01.2001 - 01.2005
Executive Master of Business Administration - Business Administration
Hofstra University
Bachelor of Business Administration - Accounting & Finance
Baruch College
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