Mike Carter

Experience

• 

  Andersen Business Consulting/KPMG Consulting/BearingPoint

  Jan 1997 - Jan 2003

  Senior Manager

  Specialized in strategy articulation, procurement system design, strategic sourcing, eCommerce solutions, as well as end-to-end financial process and system redesign. I managed the delivery of multiple eCommerce solutions, including execution of online auctions and enablement of online marketplaces. Selected Engagements:* Led the Design & Deployment Team for Indirect Procurement Solution (Ariba) at $1B benefits consulting firm* Led the Sourcing Process Design and Catalog Content Strategy teams for a $6B packaging company* Consulted with Major Motion Picture Studio's Executive Management on Procurement Function’s Organizational Design* Led Strategy Development for Indirect Procurement and Supply Chain Enhancements at Major Telecom* Strategic Sourcing of multiple categories to reduce spend for one of the world's largest carpet companies Led the Content Strategy team for translating MRO contracts into Ariba Catalogs, enabling End-to-End process* Designed eProcurement Solution and executed eRFX with Online Auction for several Categories for National Flooring Company* Conducted Spend Analytics and Defined Sourcing Strategy for large Media Company* Consulted with Executive Management on Procurement Function’s Organizational Design at Major National Newspaper Show less

• 

  Bank of America

  Dec 2003 - Mar 2015

  Senior Vice President

  Supply Chain Executive, responsible for defining and enabling the global supply chain process for Bank of America Merrill Lynch; developing and leverging category sourcing strategies and procurement systems to optimize the performance of a multi-billion dollar spend.Procurement Executive, SVP – Vendor Administration, Global Corporate ServicesThis executive position comprised several leadership roles, helping to shape Vendor Administration through a series of reorganizations. This role has provided an opportunity for me to redefine Planning, Strategic Sourcing, Spend Management, Procurement Operations and Third Party Risk Management. Responsibilities have included:• Ownership of end-to-end sourcing and procurement processes, globally• Design and Deployment of a Sourcing Savings Model to capture Budget Impacts• Responsible for delivering on multi-million dollar annual savings targets• Championed migration to Strategic Category Management across $23 Billion spend• Accountability to review and approve all contracts over $10 million• Design and Deployment of Vendor Risk Management Model to enable compliance with OCC 2001-47 for effectively managing Third Party Relationships• Influenced development of OCC 2013-29 on Third Party Management • Managed the Evaluation, Supplier Selection and Contract Negotiation for the outsourcing of the end-to-end Procurement process• Design and Deployment of a Global Procurement Portal to drive Buy Channel Compliance• Represented Bank of America on the SAP-Ariba Customer Council 2012-2014• Lectured in Beijing, China on Contracting & Vendor Management Best PracticesSVP, Business Controls Executive for Enterprise Technology & DevelopmentSVP, Audit Director for CSBB, covering all branches, all contact centers and online banking areasSVP, Director of Automated Testing Operations Center, developing and overseeing all Audit Automation Show less

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  Grant Thornton LLP

  Apr 2015 - now

  Risk Consulting Practice - Providing solutions for Financial Services, with a focus on optimizing Operational Risk Management and Compliance operations. With more than 25 years of experience across consulting and banking industries, Mike has served large global clients in both an advisory and executive capacity. His experience includes assisting in business strategy, operating model design and enterprise transformation. ACAMS Certified Anti-Money Laundering Specialist, FINRA SIE, and holds a Six Sigma Black Belt Certification. He holds an Economics degree from UNC-CH and an MBA from Wake Forest. He is a member of IAA, ISM & IMA

  • Managing Director

    Jul 2018 - now

  • Director, National Financial Services Advisory

    Apr 2015 - Jul 2018
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  Grant Thornton Advisors LLC

  Jun 2024 - now

  Managing Director