John Chmelka

Experience

• 

  State Street

  Jan 1998 - Jan 2001

  Systems Analyst II/III

  Managed multiple client/server application development projects. Ensured understanding of system requests, researched alternatives, and identified potential project conflicts. Acted as liaison between Information Technology and business units. Assumed responsibility for project objectives and ensured expected timeframes were met. Provided subject matter expertise for business units.•Initiated and completed two-year development project that resulted in an automated bank account to general ledger reconciliation system. Show less

• 

  Aquila

  Jan 2001 - Feb 2002

  Systems Analyst

  Oversaw project management for primary corporate trading and risk system. Managed maintenance and enhancement projects simultaneously. Coordinated activities of 30 project team members, including business analysts, development staff, and database administrators.•Tracked actual costs to determine earned value of project with $3 million yearly budget.

• 

  State Street

  Feb 2002 - Mar 2013

  Managed 125 staff in a Center of Excellence department spanning Kansas City, Missouri and Quincy, Massachusetts. Planned for and implemented new technology across the department. Realized continual operational changes to achieve operational efficiencies in accordance with department strategy. Exceeded aggressive budget goals annually.•Decreased staffing by an average of 9% by revising and improving processes while maintaining productivity levels.•Implemented cost reduction project to save $169,000 annually by moving 25 staff from Kansas City to lower cost location. Project completed timely with no impact to operation.•Acted as business lead and subject matter expert for the successful design, testing, and deployment of new Global Dashboard which resulted in a realized savings of $337,000 annually.•Collaborated with others by streamlining operation of 100+ staff to more effectively manage processing teams. Received written recognition from supervisor. Show less Managed business plan projects aligned with division’s strategic goals and objectives. Collaborated with local senior management to determine annual revenue and expense targets and to identify initiatives supporting those goals. Oversaw portfolio of ongoing strategic, corporate, and organizational projects. Conducted monthly status meetings with project sponsors and management team.•Led a project that established a centralized trade processing group of 100+ staff to comply with government-mandated business continuity objectives.•Successful completion of this project resulted in a promotion to vice president. Show less

  • Vice President

    Jan 2006 - Mar 2013

  • Project Mgr-Consultant / Sr Project Mgr/Project Consultant

    Jun 2004 - Dec 2005

  • Project Manager

    Jun 2003 - May 2004

  • Systems Analysis Manager

    Feb 2002 - Jun 2003
• 

  Commerce Bank

  Sept 2013 - now

  Acts as Principal Operations Officer for the Capital Markets Bank Dealer (CMG) department and the institutional division of Commerce Brokerage Services (CBSI). Manages Wealth Management Operations staff members responsible for trade clearance and settlement, fund valuation, securities pledging, and cash management for CMG, CBSI, and Commerce Trust Company (CTC) clients. •Develops staff by identifying potential leaders and providing guidance for successful career growth.•Ensures compliance with SEC regulations, Sarbanes-Oxley Act requirements, and internal audit controls.•Manages vendor relationship for the books and records software used by the bank dealer; completes risk assessments, monitors vendor performance, and oversees implementation of custom enhancements.•Created Center of Excellence teams across Capital Markets Operations and Trust Operations to gain efficiencies and reduce turnover risk. •Contributed to successful core deposit system conversion by implementing transmission files for repo and money market sweep processes and validating the migrated data. •Completed the selective Commerce Bank Advanced Leadership Development Program (ALDP). Show less Served as project manager for strategic projects within the Capital Markets department. Managed staff responsible for Commerce Bank collateralization of public entity deposits. Led department business continuity planning and execution.•Developed robust asset-liability management reporting using Crystal Reports.•Designed and implemented process to pledge SBA Paycheck Protection Program loans as collateral to the FRB Discount Window and PPP Liquidity Facility.•Reduced operational risk by identifying and completing improvements to the bank collateral pledge process. Show less Provided business analysis, system design, coding, and testing for desktop applications utilizing Microsoft Access. Developed reporting using SAP BusinessObjects Web Intelligence design tools. Completed in-depth analysis and risk review of the Commerce Bank funding process. •Developed application to import and reformat general ledger, loan, and deposit data for 50+ bank customers into file layouts required for new asset-liability management system.•Identified 40 recommendations for the Commerce Bank funding control environment, including 10 recommendations for business continuity preparedness. Implemented many of these recommendations.•Created Fedwire Position Monitoring application to calculate the bank’s FRB master account projected ending balance from expected incoming and outgoing wire information received throughout the day. Projections from this application facilitate funding decisions for the bank daily. Show less

  • Senior Manager-Vice President, Wealth Management Operations

    Oct 2020 - now

  • Business Line Project Manager II

    Oct 2018 - Sept 2020

  • Capital Markets Group Specialist II

    Sept 2013 - Oct 2018