Robert Vito, CPA

Experience

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  Coopers & Lybrand

  Sept 1986 - Oct 1989

  Senior Accountant

  Planned, supervised, reviewed and administered various audit engagements that included the valuation of accounting systems and internal controls, and resolution of accounting and SEC reporting issues. Evaluated the activities of up to ten professionals on concurrent engagements.Acquired broad SEC experience in reviewing and assisting clients in the preparation of various SEC filings including annual (10K), quarterly (10Q), significant event, (Form 8-K), and amended financial statements (Form 8), benefit plans (11K and form 5500). Show less

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  Bunge Corporation

  Oct 1989 - Jun 1990

  Senior Accountant

  A privately held, billion-dollar grain merchandiser and manufacturer.Accountant, Financial Reporting & Analysis GroupResponsible for corporate consolidations including the preparation of all adjusting and eliminating entries and the analysis of the consolidated financial statements.Summarized and analyzed divisional results and trends in order to report findings to senior-level management..

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  Associated Merchandising Corporation

  Jun 1990 - Oct 1995

  Senior Manager

  A privately held, world-wide global sourcing and product development organization.Accounting Manager – Reporting & FinanceManaged and developed a staff of six employees. Responsible for entire monthly closing process including financial statement presentation and detailed analysis for both CFO and Vice President of FinanceManaged various MIS financial information functions including control of all data entry, account authorization and general ledger maintenance, distribution of reports, and review of the results of system edits and upgrades relating to Computer Associates Masterpiece general ledger software. Show less

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  RIB Finance

  Oct 1997 - Jul 2002

  Senior Manager

  Provide senior management with monthly results of Placements, Collections, Outside Agency fees and fraud expense for Corporate, Consumer and Small Business Services for both charge and lending card products. Provided analysis on $3 billion of placement dollars on U.S. card products by business unit. Reviewed and analyzed both pre-write-off collections (spindown) as well as recoveries.Prepared commentary on fraud write-offs, by product, identifying the various initiatives, which drive saves in the various fraud categories.Liaison to the Collection Management Strategy group reviewing the potential financial impact of collection initiatives for accuracy.Monitored the adequacy of $2 billion credit and fraud reserves.Developed and authored new global credit and fraud policies.Identified write-off errors in the CDF-81 report, which resulted in a $5 million opportunity to Corporate Card. Show less

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  AEBF

  Aug 2002 - Nov 2004

  Senior Manager

  Responsible for the overall strategy and management of back-end collections for the AEBF Lease & Loan portfoliosIncreased Outside Agency effectiveness by 65% and in 2003 and 20% in 2004 as a direct result of improved strategy and semi-annual audits. This equated to $3.3MM incremental PTI in 2003.Initiated the use of second placements in 2003, resulting in over $1.5MM since the program’s inception.Renegotiated the agency contracts, resulting in a 10% reduction in fees.Developed an industry tailored audit program and performed on-site audits of the agencies to ensure their adherence to financial, operational and compliance standards.Influenced each agency’s management to change and adhere to collection strategies that enhanced their overall collection rate.Developed management reporting for portfolio metrics and agency performance. Show less

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  American Express

  Dec 2004 - now

  Consults with Compliance, Global Risk Oversight, Global Banking Group, and General Counsel’s Office to ensure the policy is acceptable with regard to regulation, laws, regulated entity implicationsReviews all policy changes with key control groups; Ensures that all policies conform to the requirements to appropriate policy guidelines.Ensures that all policies have clearly assigned roles and approval workflows that meet policy requirements. Reviews all AEMPs prior to their submission for Level 3 approval.Resolves discrepancies in the interpretation of the policy framework.Maintains inventory of all approved Management Policies , the highest approval committee, and their refresh schedules and ensures that the current approved version of all policies have been posted to the employee internal networkSecures approval from Global Risk Oversight Officer and the Chief Operational Risk Officer that the policy conforms to Management Policy criteria versus a Business, Functional, or Regulated Entity policy;Manages quarterly Policy Management reports which includes new policies being requested, policies no longer needed and a 12-month view of required policy reviews. Show less Led team to ensure all International markets adhered to the American Express Management Policies.Supported each market when undergoing examinations from internal audit or regulatory agencies.Created policy MIS to track adherence to policiesResponsible for the oversight of the New Product Approval process for all product across InternationalServed as the End-to-End Committee Secretary, tracking the voting items and ensuring their rolloutMaintained the committee charter and policy documents Show less 06/08 – 03/11 Provided data & strategy consulting to USCC FSE & sales team surrounding the BIP Healthcare, Concrete, Chemical & Steel and Hotel Industries as well as “Follow the Money” initiative. FTM has had 43 wins and $55MM in PCV.Managed $900K budget, negotiated $0.5MM in savings in InfoUSA’s new 3 year contract as well as $50K of savings stemming from IdExec list. Via negotiations with 3rd party vendors drove over $166K in savings against $900K budget allowing LG to complete more initiatives & projectsReengineered existing USCC customer suppression file shortening the process by two days and improved the UPD refresh process by adding 2 mini-suppressions for more focused campaigns.Completed SIQ risk assessment for third party vendor InfoUSA, requiring no follow-ups.Identified new prospect list sources for campaigns.Reengineered the Universal Prospect Database refresh process resulting in stronger and timelier leads.Worked with Equifax to successfully cleanse the number of non-marketable records in the dataset by over 40%.Enhanced and productionalized prospect suppression process by leveraging IDN production data sources and iCLIC capability to replace current use of ad hoc data sources and D&B match process. More accurate and reliable suppression improves targeting efficiency which drove $100MM of incremental CV. Show less Responsible for policy, procedures and various strategies surrounding underwriting, customer and collections management for the Canadian Corporate Services portfolio.Drove over $100MM in Charge Volume in 2007 through a variety of risk strategies.Reduced the corporate credit provision 20% or $0.6MM by revamping the manner in which writeoffs and recoveries are recorded in the Canadian market.Planned and coordinated annual business partner reviews of the Markham Operations Center which identified and closed over sixty action items. Planning & reporting documents now used as the global model.Effectively trained the inbound and outbound call analysts regarding customer management strategies and rolled out credit policies and procedures enhancing the efficiency of the credit analysts.Created tracking documents which were modeled as the global standard. Show less

  • Director - Policy Governance

    Apr 2014 - now

  • Director - Credit Policy & Administration

    Apr 2011 - Mar 2014

  • Marketing Capabilities Architect - GCC Information Mgt.

    Jun 2008 - Mar 2011

  • Senior Manager

    Dec 2004 - May 2008