Chief Financial Officer

• Jul 2021 - Present

Director of Finance

• Jun 2021 - Nov 2022

Independent Consultant

• Jun 2020 - Jun 2021

Banks: - Restructured the treasury department for a mid-size bank under new management. The new configuration and documentation, incorporated control and compliance functions that were previously centralized in a regional hub. - Created the Liquidity Contingency Plan and defined early liquidity risk alerts for a small bank, in order to manage the risk and resolve regulatory findings. As a result of the implemented framework, the bank avoided being fined. Fintechs & Startups: -… Show more Banks: - Restructured the treasury department for a mid-size bank under new management. The new configuration and documentation, incorporated control and compliance functions that were previously centralized in a regional hub. - Created the Liquidity Contingency Plan and defined early liquidity risk alerts for a small bank, in order to manage the risk and resolve regulatory findings. As a result of the implemented framework, the bank avoided being fined. Fintechs & Startups: - Defined the strategy to incorporate a regional expansion to Colombia & Central America for a fintech specialized in logistics, focusing on digitalization and automation by developing and implementing more algorithms. - Restructured the finance function and raised seed capital for a Colombian startup in the food & service industry. Already $100k pledged. - Defined and implemented the digital transformation for a startup in the apparel industry in the US and began the regional expansion. Show less Banks: - Restructured the treasury department for a mid-size bank under new management. The new configuration and documentation, incorporated control and compliance functions that were previously centralized in a regional hub. - Created the Liquidity Contingency Plan and defined early liquidity risk alerts for a small bank, in order to manage the risk and resolve regulatory findings. As a result of the implemented framework, the bank avoided being fined. Fintechs & Startups: -… Show more Banks: - Restructured the treasury department for a mid-size bank under new management. The new configuration and documentation, incorporated control and compliance functions that were previously centralized in a regional hub. - Created the Liquidity Contingency Plan and defined early liquidity risk alerts for a small bank, in order to manage the risk and resolve regulatory findings. As a result of the implemented framework, the bank avoided being fined. Fintechs & Startups: - Defined the strategy to incorporate a regional expansion to Colombia & Central America for a fintech specialized in logistics, focusing on digitalization and automation by developing and implementing more algorithms. - Restructured the finance function and raised seed capital for a Colombian startup in the food & service industry. Already $100k pledged. - Defined and implemented the digital transformation for a startup in the apparel industry in the US and began the regional expansion. Show less

Director of Innovation and Strategy for Digital Transformation

• Apr 2018 - Jun 2020

2nd largest bank in Panama with a balance sheet of USD10Bn; subsidiary of Grupo Bancolombia, the largest bank in Colombia and Central America with a balance sheet of USD72Bn, listed on NYSE on 1995 Innovation - Defined a framework to prioritize initiatives, resulting in a reduction of 75% the portfolio, improving delivery and turning a projected budget shortfall into a surplus. - Strengthened the ecosystem by increasing the number of strategic partners and the scope of… Show more 2nd largest bank in Panama with a balance sheet of USD10Bn; subsidiary of Grupo Bancolombia, the largest bank in Colombia and Central America with a balance sheet of USD72Bn, listed on NYSE on 1995 Innovation - Defined a framework to prioritize initiatives, resulting in a reduction of 75% the portfolio, improving delivery and turning a projected budget shortfall into a surplus. - Strengthened the ecosystem by increasing the number of strategic partners and the scope of collaboration, resulting in the recognition of the bank as a key player in the innovation arena. - Introduced and proposed investing in fintechs as a strategic tool to test new business models, reach new market segments, adopt new technologies and generating competitive advantage. As a result, the bank is currently implementing 2 of those initiatives. - Defined and implemented minimum viable products (MVP) for new business models, resulting in the adoption and escalation of 4 projects. - Promoted cultural change by creating a voluntary accreditation program with incentives to participate in projects, training and seminars, resulting in a significant increase in engagement and the participation of 50% of the employees during 2019. Digital Transformation - Defined the medium-term strategy for digital transformation, resulting in efficiencies by cancelling not-aligned initiatives and concentrating resources on fewer projects. - Lead the development and implementation of the first 100% digital product for the bank, allowing the bank to increase 3x the number of payroll relationships.

Director of Financial Planning and Analysis

• Oct 2013 - Apr 2018

Improved the efficiency and productivity by streamlining the processes and reducing headcount by 20%, resulting in the decrease of 25% in the number of days required to produce the main reports. Consolidated different sources of information into a financial datawarehouse supplying data to all the organization, proving a single version of the truth. Unified profitability tools into a single framework providing a consistent view across the organization, saving approximately 200 hours per… Show more Improved the efficiency and productivity by streamlining the processes and reducing headcount by 20%, resulting in the decrease of 25% in the number of days required to produce the main reports. Consolidated different sources of information into a financial datawarehouse supplying data to all the organization, proving a single version of the truth. Unified profitability tools into a single framework providing a consistent view across the organization, saving approximately 200 hours per month in different teams. Lead internally, the implementation of various projects with the top consulting firms focused on improving sales productivity, restructuring the organization and optimizing revenue. Identified major deficiencies in the financial modules of a new core, resulting in the cancelation of a project that otherwise would have resulted in higher costs and delays. Reversed the growing trend of operating expenses and achieved a 2.5% reduction despite increased opex associated to major IT investments.

Senior Vicepresident of Financial Planning and Analysis

• Aug 2012 - Oct 2013

The largest international bank with presence in 183 countries, and one of the top 10 banks in the world with a balance sheet of USD2.5Tn, listed on the UK, HK, NYSE, and Paris stock exchanges. - Deputy CFO and responsible for the MIS, Business Finance, and Cost Investment & Analysis divisions. - Achieved 10% in savings on actual expenses vs budget, associated to the transitional process for the sale of HSBC’s operations in Panama, Central America and Colombia. - Prepared the… Show more The largest international bank with presence in 183 countries, and one of the top 10 banks in the world with a balance sheet of USD2.5Tn, listed on the UK, HK, NYSE, and Paris stock exchanges. - Deputy CFO and responsible for the MIS, Business Finance, and Cost Investment & Analysis divisions. - Achieved 10% in savings on actual expenses vs budget, associated to the transitional process for the sale of HSBC’s operations in Panama, Central America and Colombia. - Prepared the financial projections that resulted in the sale of the operations in Panama, Central America and Colombia for USD$2.5bn. - Reorganized the 3 teams and reduced staff turnover by 50% to 6%, below the bank’s average.

Senior Service and Sales Manager

• Sep 2011 - Aug 2012

- Implemented a major change in the compensation model of service and sales representatives in the southwest region in the UK, focusing only on service targets, and eliminating sales metrics. I was able to achieve an increase of 7.5% in customer satisfaction while exceeding the annual operating plan by 3%. - Volunteered to prepare an analysis of costs & revenues in the Southwest region, resulting in the identification of opportunities. - Coordinated voluntarily, the allocation of the AOP… Show more - Implemented a major change in the compensation model of service and sales representatives in the southwest region in the UK, focusing only on service targets, and eliminating sales metrics. I was able to achieve an increase of 7.5% in customer satisfaction while exceeding the annual operating plan by 3%. - Volunteered to prepare an analysis of costs & revenues in the Southwest region, resulting in the identification of opportunities. - Coordinated voluntarily, the allocation of the AOP for 2012 in the Southwest region; achieving a more efficient distribution based on a multivariable analysis.

Chief Financial Officer

• Sep 2010 - Aug 2011

- Engineered and executed a strategy in order to keep the capital adequacy ratio of HSBC Uruguay above both internal and regulatory levels, allowing the balance sheet to grow 20% annually. - Closed satisfactorily all audit recommendations within the first 2 months of my administration. - Presided over the ALCO where I promoted adjustments in rates and fees, resulting in increased revenues. - Oversaw the execution of a USD$30M investment project associated to a new core system.

Vicepresident Strategy and Planning for Latin America

• Sep 2007 - Aug 2010

- Participated in the review and assessment of the corporate structure in LATAM, resulting in the elimination of 10% of the entities. - Assisted in the valuation of 6 mergers, acquisitions and disinvestment targets across Latin America (LATAM), resulting in a recomposition of the corporate portfolio in the region. - Coordinated the definition of the regional strategy in LATAM and implemented the balanced scorecard framework. - Controlled and monitored the BSCs for the CEO of LATAM, the… Show more - Participated in the review and assessment of the corporate structure in LATAM, resulting in the elimination of 10% of the entities. - Assisted in the valuation of 6 mergers, acquisitions and disinvestment targets across Latin America (LATAM), resulting in a recomposition of the corporate portfolio in the region. - Coordinated the definition of the regional strategy in LATAM and implemented the balanced scorecard framework. - Controlled and monitored the BSCs for the CEO of LATAM, the countries’ CEOs and the regional heads.

Senior Manager Commercial Banking

• Jul 2006 - Sep 2007

- Consolidated 3 teams dedicated to customer support to commercial banking customers in Mexico into one unit, improving customer satisfaction and reducing headcount by 22%. - Coordinated the regional planning process, and undertook several initiatives to increase the productivity of Relationship Managers (RMs). - Led initiatives to develop synergies with the rest of the bank.

Lecturer

• Jun 2009 - Jul 2009

- Lecturer of the course in Capital Structure, part of the seminar in Corporate Valuation - Lecturer of the course in Capital Structure, part of the seminar in Corporate Valuation

Senior Manager Strategic Planning and New Businesses

• Oct 2004 - Jul 2006

- Suggested and participated in the implementation of the first branchless banking model in Mexico, relying on fingerprints for customer identification through a retail network. - Responsible for strategic planning for personal banking. - Prepared reports and presentations to regulators resulting in the approval of the branchless banking model. - Designed and implemented a framework to value new investment projects. - Suggested and participated in the implementation of the first branchless banking model in Mexico, relying on fingerprints for customer identification through a retail network. - Responsible for strategic planning for personal banking. - Prepared reports and presentations to regulators resulting in the approval of the branchless banking model. - Designed and implemented a framework to value new investment projects.

Analyst Financial Services

• Jan 2002 - Sep 2003

- Analyzed, designed and implemented risk models for auto, life, health and general purpose insurance. - Trained risk analysts on the new models. - Analyzed, designed and implemented risk models for auto, life, health and general purpose insurance. - Trained risk analysts on the new models.