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Click here or scroll down to respond to this candidateCandidate's Name
Street Address PHONE NUMBER AVAILABLE EMAIL AVAILABLESenior Financial Services ExecutiveRecord of proven leadership in RIA, recordkeeping/TPA, life insurance, brokerage, custodial, asset management, and banking businesses. Accomplished in all aspects of strategic planning, strategic implementation, corporate financial planning, accounting, treasury, regulatory oversight, human resources, and financial operations. Broad functional experience including multiple COO, CFO, CRO and CAO roles, Strategy and Operations leadership, with notable tenures at John Hancock Financial services and AIG Financial Services. Restrategized JHFN to focus on RIA AUM growth efforts, rearchitecting the Tech Stack and redrafting outdated processes. Recognized for excellent management and mentoring skills, and for building high-performing teams. Used within the larger John Hancock complex as presentational speaker/MC and at multiple JHFN advisor driven conferences.Profitability Improvement At JOHN HANCOCK, turned <$22.0M> loss into $8.0M profit through focusing efforts on AUM growth through the corporate RIA, compensation redesign, technology rationalization and modernizing and diversifying the distribution model. At AIGfn eliminated a combined $30.0M in general operating and compensation expense through heighten FP&A functions, branch rationalization and producer goal setting. At Sterne Agee, reduced forecast costs by $3.5M by eliminating the need for additional custody support personnel and realigning the Tech Stack across multiple subsidiaries.Reducing Complexity and Expense At JOHN HANCOCK, saved $5.50M annually by re-architecting the JHFN Tech Stack, saved $1.50M annually in reduced Tech storage costs by simplifying the compensation structure. At AIGfn, led the expense management team to reduce underlying general operating expenses, by $27.0M annually. At GunnAllen reduced compensation expense by 285 basis points (approx. $4.0M annually) by initiating an internal accounting review.Strategic Planning & Implementation At John Hancock, named as team lead responsible for developing a five-year strategic plan designed to migrate proprietary agency firms to a fully independent model, from an operational, benefits and financial perspective. Re-architecting the Tech Stack for front, middle and back offices. At AIGfn, created and implemented various key strategic initiatives, including Tech stack rearchitecting, compensation redesign and organization structural changes, designed to enhance the firms recruiting efforts, cost mitigation, physical footprint and growth goals.Optimizing Operations At Sterne Agee, implemented an automated process to modernize the paper-based client billing system for 1.2M transactions, and integrated it with back-office operations systems to improve accuracy and standardize release timing. At John Hancock, restructured finance department, re-engineered 130 administrative systems with JH IT platform to integrate with new general ledger, and established full data integrity. Established separate financial reporting team to provide meaningful metrics to CEO including product profitability, variance analysis, budget preparation, and data analytics.ExperienceSLAVIC401K., Boca Raton, FL 2020 PresentA recordkeeping/TPA 3(16) & 3(38) advisory firm focused on institutional 401K needs.Chief Financial OfficerCharged with organizing the financial structure of the recordkeeper and the RIA to maximize the efficiencies required to propel the firm to the next level of financial success.Reorganized the entire organizational structure with the goals to a) optimize the firms base processes,b) fully leverage existing technology and c) reduce the hire and associated costsInitiated a new FP&A departmental function from the ground up to provide more accurate, timely and relevant financial information to all internal & external stakeholdersInitiated a complete overhaul of organizational oversight through compliance advocacy and creating an IA and risk control departments(Slavik401k, Chief Financial Officer, continued)Completely overhauled the firms professional relationships including insurance, audit partners and vendor managementSuccessfully sunset Quickbooks and implemented the installation of NetSuite as the firms primary E.R.P.COLLABORATIVE SOLUTIONS GROUP LLC., Boston, MA 2015 2020Multi-disciplined Financial Services Consulting firm focused on medium to larger institutions with complex strategic needs.Co-Founder and Senior Executive ConsultantCharged with developing a Broker-Dealer/Distribution practice within the current platform as well as augmenting and expanding the benchmarking and metrics practice.Completed an engagement on behalf of a Silicon Valley Startup to define and create their ECN/MTF Forex transaction engine in terms of pricing the transaction processing as well as pricing the adjunct 3rd party managed incrementalized minute-by-minute lending facilityInitiated and drafted a fully realized pro-forma/forecast of the ECN/MTF for P/E presentationCompleted an engagement to review the profitability modeling, revenue generation and cost mitigation of a large insurance owned broker-dealer as well as supported their RFP process for a new clearing firmCompleted engagement with a large recordkeeping organization regarding state mandatory IRA programs, their financial viability to the client, impact on the operating model and strategic fit within the current modelAIG FINANCIAL NETWORK (AIGFN), Nashville, TN 2014 2015National career distribution division of AIG Life & Retirement, provides income and retirement solutions through its insurance agency network.Vice President of Strategy, Analytics, Infrastructure & Branch Development (COO)Reported to Chief Distribution Officer. Responsible for developing growth strategy, rationalizing branch infrastructure, managing expense side administration, and analyzing and reporting sales and profitability metrics.Implemented a completely revamped manager compensation plan refocusing 300 managers, from short-term, tactically driven goals to long-term strategic objectives through core KPI metrics designed to promote sustainable system-wide growth and profitabilityLed the analytics and expense management team to reduce underlying general operating expenses by approximately $27M year-over-yearPlanned and implemented an internal separation of the sales and service units within the division to optimize operating efficiencies and reduce compliance complexitiesJOHN HANCOCK FINANCIAL NETWORK (JHFN), Boston, MA 2008 2013National retail distribution division of John Hancock provides a full suite of financial service offerings through its insurance agency, broker-dealer, and RIA.Chief Financial Officer/Chief Administrative OfficerReported to CEO and served as CFO/CAO and Risk Officer for JHFN, as well as CFO of the retail and wholesale distributor broker-dealers under the John Hancock USA umbrella: Signator Investors, John Hancock Funds, and John Hancock Distributors. Member of the Board of Directors of John Hancock Financial Network, Signator Insurance Agency, and Signator Investors. The primary charter was to strategically decouple the career agency model and simultaneously transform the agencies to an independent broker-dealer model.(JHFN, Chief Financial Officer and Chief Administrative Officer, continued)Co-authored a five-year strategic plan with the CEO that included a focus on recruiting more experienced producers over training new producers and shifting the firm to a stand-alone, competitive, multi-product retail distribution networkImplemented a comprehensive reconciliation function which identified $5.9M in accounting errors and missed attribution, representing 40% of the firms operating deficitLed development of an independent general ledger system for JHFN, providing the ability to make better decisions and insight into real business drivers. Reengineered more than 130 administrative systems with JH IT platform to function properly with the new general ledger and established full data integrityImplemented a comprehensive operational risk management program focused, among many facets, on internal/external fraud, reputational risk and regulatory riskGUNNALLEN HOLDINGS, INC., Tampa, FL 2005 2008One of the fastest-growing independent broker-dealers in the US at the time, offering securities, protection products, and asset management services to a mid-market client base.Chief Financial Officer and TreasurerRecruited to join new management team with a charter of professionalizing the financial management of the firm following a period of rapid growth. The primary focus of the role was to reconstruct the firms financial records to establish consistency, data integrity, and insightful reporting. Reported to the COO and served as CFO and Treasurer of GunnAllen Holdings, GunnAllen Financial and all subsidiaries.Heavily involved in financial modeling in support of strategic objectives including regulatory risk, personnel levels and organizational structure, capitalization of technology investmentsImproved gross margin by 285 basis points ($4.0M) by appropriately auditing compensation information and integrating all licensing, compensation, and transactional systems with the general ledgerStandardized financial statement output to meet the needs and standards of all stakeheolders including shareholders, B.O.D., internal auditors, external auditors, and regulators. Implemented controls to meet FINRA and SEC regulatory requirementsSTERNE, AGEE & LEACH GROUP, INC., Birmingham, AL 1995 2005Top 10 full-service brokerage firm providing clearing, trust, custodial, and asset management services. Firm has the longest, continuously held seat on the NYSE and is one of the few privately-owned brokerage firms in the country.CFO & COO of Sterne Agee Capital Markets/Sterne Agee & Leach Financial Services (SALF); Director of Regulatory Reporting of Sterne Agee Group (2000 2005)Progressive responsibilities over 10-year tenure culminating in CFO/COO role reporting to divisional CEO, with responsibility for initiating and incubating new correspondent clearing line-of-business as part of SALF executive team. Responsible for accounting policies, client billing, shared services operations, compliance, legal, marketing, HR and IT. Also served as CFO for CUSO Partners, a credit union service organization and dealer in agency and mortgage-backed securities. Served as the senior regulatory officer for the clearing firm, Sterne, Agee & Leach with full responsibility for compliance with SEA Rules 15c3-1 & 15c3-3, and all regulatory filing requirements. Depth of knowledge of all fixed income products, as well as fixed income market and regulatory risk hedging instruments.Developed protocols and managed client billing, contract implementation, client service desk, and all inter-departmental governance, as incubated correspondent clearing business, grew from 10 customers to more than 80. Recruited, hired, and developed team from five to more than 30 professionalsImplemented automated process to modernize paper-based client billing system as the business grew from 1,300 transactions per month to more than 1.2M, and integrated with back-office operations systems to improve accuracy and standardize release timingAccompanied CEO on prospective client meetings, presentations, and industry conferences as part of SALF business growth strategy. Following the successful launch of the SALF business, led the team that re-integrated SALF into Sterne Agee Group operationsAdditional ExperienceREGIONS FINANCIAL CORP. (Formerly Secor Bank F.S.B.), Senior Staff Accountant, Birmingham, AL (1990 1995)UNIVERSITY OF ALABAMA at BIRMINGHAM, Assistant to the Director of Employment, Birmingham, AL (1986 1990)DELOITTE, HASKINS, & SELLS, Insolvency Staff Accountant, Dublin, Ireland (1983 1986)European BackgroundPrior to emigrating from Ireland to the U.S. for school, I was a student member of the Royal Society of Chartered Secretaries concentrating on company and insolvency law. Offered a full athletic scholarship in soccer for the University of Alabama at Birmingham; four-year letterman. Member of the Republic of Irelands youth soccer squad at under 16 and under 17 levels. Attended Westland Row C.B.S. High School, Dublin, Ireland. Selected as one of the Top 50 Irish-Americans on Wall Street for 2011, 2012 and 2013 by Irish America Magazine.EducationUNIVERSITY OF ALABAMA at BIRMINGHAM, Birmingham, AL 1991Bachelor of Science, AccountingLicensed: Series 27 (inactive) Series S.I.E./99 (inactive) |
