Tessa Kelln, CPA, CMA

Experience

• 

  Concentra Bank

  Jun 2010 - now

  • Works with credit unions across Canada to ensure an effective credit union services offering at Concentra. • Acts as a liaison between the business line teams and the Credit Union Services team, ensuring a coordinated approach. • Leads Regional Directors to oversee the strategic development of Concentra’s work with credit unions. Leverages customer insights to identify business opportunities, while also collaborating closely with the marketing team to develop collateral materials, promote partnership through events and offer engaging thought leadership.• Champions partnerships with Canadian credit unions to ensuring Concentra provides tailored banking and financial solutions that drive mutual growth.• Manages a dynamic team of professionals who are focused on delivering customized products, to meet diverse client needs.• Collaborates with regulatory bodies to maintain compliance and uphold industry standards.• Analyzes market trends and credit union challenges to innovate service offerings and improve client outcomes.• Drives client satisfaction and growth through proactive relationship management and strategic advisory. Show less • Responsible for the Securitization Administration product offering to credit unions in the CMHC Mortgage-Backed Securities (MBS) program. • Oversaw the performance of credit union's issuances the program to ensure continued access through proper reporting and operating standards while also providing our credit union partners with education, relevant analytics, and securitization administration. • Assisted with the Concentra securitization portfolio management as well and work closely with CMHC to advocate for all stakeholders.• Oversaw securitization transactions, including mortgage-backed securities (MBS), and Canada Mortgage Bonds (CMB) to enhance liquidity and funding.• Managed the full securitization process, ensuring compliance with regulatory standards and risk mitigation.• Analyzed portfolio performance and market trends, adjusting strategies to optimize financial outcomes.• Provided strategic guidance on structuring and executing complex transactions, analyzing the potential balance sheet impact for effective capital and liquidity management. Show less • Responsible for delivering customized financial management services to credit unions, focusing on interest rate risk management as well as strategic analysis on balance sheet management, growth, capital and industry best practices.• Developed and implemented financial models to enhance profitability and risk management based on IRRM scenario analysis.• Directed financial planning and analysis, delivering insights to support strategic decision-making and growth.• Managed budgeting and forecasting processes, aligning financial targets with relevant capital and liquidity constraints.• Provided financial guidance to senior leadership, supporting informed decisions on relevant risks, balance sheet strategies, capital utilization and effective liquidity management processes. Show less

  • National Director, Credit Union Services

    Apr 2024 - now

  • Securitization Director

    Apr 2014 - Apr 2024

  • Senior Finance Manager

    Feb 2013 - Apr 2014

  • Finance Manager

    Jun 2010 - Feb 2013