Steven Vasas MBA

Experience

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  American Express

  Jan 1988 - Jan 1989

  Financial Accountant
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  Ford Motor Credit Company

  Jan 1989 - Jan 2011

  Operations Manager
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  Ford Motor Credit

  Jan 1989 - Jan 2000

  Manager, MAPS administration and International MAPS DevelopmentResponsible for administration of internal accounting software suite that measures all products and organizations within Ford Credit. All organizations at all levels were evaluated utilizing this application. Successfully launched Management Analysis Planning System (MAPS) - Ford Motor Company's proprietary accounting software Supervised sales branch of 25 employeesResponsible for all aspects of sales and credit policy for 76 automobile dealers in western Texas

  • Manager MAPS Administration

    Jan 1999 - Jan 2000

  • Branch Operations Manager

    Jan 1996 - Jan 1999

  • Credit Analyst and Auditing

    Jan 1989 - Jan 1996
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  Ford Motor Credit

  Jan 2004 - Feb 2008

  Managed 15 credit analysts and supervisors responsible for the retail credit policy of the Great Lakes market area with a Retail Portfolio of $1.7 billion and Lease Portfolio of $2.5 billion.Developed and implemented all aspects of retail credit policy and risk mitigation for consumer loans and dealership relationship management.Integrated high profile Detroit dealers into existing processes and procedures. Compliance Officer for all aspects of Ford Credit Business Center in Colorado Springs.Supervised two teams of analysts responsible for ensuring compliance and reporting functions. Management of 238 direct reports.Responsible for financial reconciliation of all accounts.Responsible for servicing of all accounts including refunds. Responsible for $54M annual operating cost budget.Forecasting operating costs and credit loss budgets.Compilation and reporting of monthly results to Senior management Multiple job assignment (concurrent with Performance Manager)Responsible for all collections activities for the Denver

  • Operations Manager - Loan Orignations

    Sept 2007 - Feb 2008

  • Process and Quality Manager

    Jan 2007 - Sept 2007

  • Account Services Department Manager

    Jan 2005 - Jan 2007

  • Performance Manager (Controller)

    Jan 2000 - Jan 2005

  • Operations Manager - Loss Prevention

    Jan 2004 - Jan 2005
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  Ford Credit Bank

  Feb 2008 - Nov 2009

  Operations Manager

  Organized and managed initial establishment of industrial bank to provide funding for all Ford Credit activities. Initial charter of $6 billion that would expand to $26 billion after 3 years. Developed and established policies and procedures to comply with FDIC regulations. Designed and managed construction of bank facility which included acquisition and management of all aspects of facility completion and migration from temporary facilities to permanent bank facilities.Ensured financial transaction compatibility with Ford Motor Company through vigorous research and testing . Show less

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  Ford Motor Credit

  Jan 2009 - Apr 2011

  Operations Manager - Wholesale

  Managed staff of 40+ wholesale representatives and 6 supervisors supporting wholesale (dealership floor plan) activities in 23 states. Coordinated and ensured that transactions performed by overseas vendor complied with company standards. Managed Departmental portfolio of $3.5 billion (1/3 of total Ford Credit U.S receivables)Maximized dealer satisfaction through exceptional administration of dealership Cash Management Accounts (CMA) floor plan offset.Highest rated manager in department for employee satisfaction Show less

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  Rivers Development Inc.

  Jan 2011 - Oct 2012

  Corporate Controller

  Recruited by owner of the #1 homebuilder in Colorado Springs, CO to be the corporate controller of new start-up company focusing on real estate development, multi-family construction, apartments, commercial and land development. Managed 23 companies with operations relating to residential and commercial rentals, private equity construction funding, used car sales, and construction.

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  All Pro Capital

  Jan 2012 - now

  Vice President - Finance

  Responsible for multi-dimensional operations and funding of a start-up real estate development company affiliated with the #1 homebuilder in Colorado Springs, CO. Operations include multiple multi-family, commercial, apartment, and land development projects as well as residential and commercial rental management and HOA/POA management. In first year, company was #2 in overall sales of Townhomes in market. Personally manage $20M+ of private equity construction funding, increasing fund by 100%.