Steven Provanzano

Experience

• 

  State Street Corporation

  Jun 2000 - Sept 2003

  Accountant I, Global Financial Accounting & Reporting

  • Directly supervised the monthly production and analysis of Corporate Earnings Book, including EPS calculation, balance sheet preparation and extensive revenue and expense analysis for Sr. Management. • Prepared and analyzed daily Balance Sheet and Overdraft reports for all levels of management, including effective communication of any key variances and their drivers. • Responsible for daily regulatory reporting to the Federal Reserve Bank of Boston, point of contact for any discrepancies Show less

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  Prudential Financial

  Dec 2003 - Apr 2004

  Financial Services Associate

  • Completed licensing, including NASD Series 7 and Massachusetts life and health insurance exams

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  Fay Spofford & Thorndike

  Jun 2004 - Jan 2005

  Accounting Assistant (Contract)

  • Coordinated with project managers to keep projects on budget. Prepared financial analyses and various types of invoices for public and commercial clients. • Assisted the controller with month-end closing, including preparing financial statements for the board of directors meetings

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  Grantham, Mayo, Van Otterloo & Co

  Jan 2005 - Nov 2005

  Investment Control Analyst (Contract)

  • Performed various daily control, analytical, accounting and reporting functions for separately-managed and hedge fund accounts• Partnered effectively with several internal clients to resolve issues and inquiries in a time sensitive environment

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  Brown Brothers Harriman & Co

  Nov 2005 - Nov 2007

  Senior Client Service Representative

  • Maintain customer relationships - I served as the primary point of contact for client inquiries and partnered effectively with internal departments to efficiently resolve issues. • Supervised two client service representatives

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  State Street Corporation

  Nov 2007 - Sept 2013

  State Street Investment Analytics (SSIA)• Supported the SSIA Chief Administration Officer in the development and execution of the SSIA multi-year strategy, leading to the expansion of operating margins by 2-3%. • Improved business unit key performance indicators (KPIs) by ~20% by enhancing reporting and conducting root cause analysis. Increased visibility by conducting weekly reporting and analysis to senior management which led to greater accountability.• Co-created and administered the SSIA program management function, providing senior management insight into the portfolio of projects ensuring resource allocation was aligned with strategy. • Led the redesign of the Market Data Operations team including the expansion into a low cost operational location (Poland) and the strategic consolidation of data providers, lowering cost and improving quality.• Ad hoc analytical requests including SWOT, Porter’s five forces and developing business unit P&L using VOS methodology. • Streamlined disparate processes across multiple geographies, employed lean tools to analyze existing operating models and generate recommendations Show less Financial Planning & Analysis (FP&A)• Managed the creation and communication of the budget, three-year outlook and monthly forecast. Coordinate with business units to ensure alignment with corporate assumptions, targets and corporate goals. Partnered extensively with multiple business units to analyze variances to plan.• Developed and proposed recommendations for State Street's Executive Operating Group, CFO and Board of Directors by creating and delivering monthly package and ad hoc financial analyses. Including revenue and expense sensitivity analysis under multiple scenarios. • Enabled effective communication with the investor community by summarizing financial results and briefing investor relations in preparation for quarterly earnings call.• Administered the budget and forecast system, Khalix. • Supported the Demand Management team and Business Performance Measurement (BPM) implementation team • Supervised one analyst Show less

  • Project Manager, Assistant Vice President

    Dec 2010 - Sept 2013

  • Financial Analyst, Assistant Vice President

    Nov 2007 - Dec 2010
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  Barings

  Oct 2013 - Aug 2016

  Director, Financial Planning and Analysis

  Corporate Finance• Transformed business unit reporting process, improved timeliness by 33%, and increased functional analysis by including key metrics, variance analysis, and customized executive summaries. • Reduced annual overhead expenses by 4%. Partnered with functional support team leaders to optimize the expense allocation process, ensured that activity-based costing methodology was appropriate, services were captured and appropriate drivers were utilized to map expenses. • Developed financial models and presented analyses to senior management in support of proposed strategic initiatives. Utilized by senior management as analytical support in the decision-making process for ad-hoc financial projects including new business opportunities and deep dive analyses into P&L problem areas. • Assisted in the implementation of a new forecasting and budgeting system, Tagetik. Provided support throughout the process from input into the design/methodology, testing, end-user support and training. Administered system post-implementation. • Developed strategy to re-organize finance division to achieve improved efficiency and increased knowledge sharing• Led a team of two analysts and one director to provide direct support for new business initiatives, monthly forecasting and expense management. Show less

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  360 Huntington Fund - Student-Run Mutual Fund

  Sept 2016 - Dec 2016

  Sector Manager
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  Raytheon

  Jun 2017 - Jun 2018

  Material Program Manager

  Mission Systems and Sensors (MSS)• Accountable for supply chain and supplier performance on several programs in the Mission Systems and Sensors portfolio, including both development and sustainment programs• Facilitated the development and deployment of the 2018 IDS Supply Chain Strategic Business Plan, an important guiding document used to align both internal and external stakeholder’s interests• Drove a Raytheon Six Sigma Specialist project that led to reduced cost ($11k) and improved execution time (25%) of the strategic planning workshop and subsequent artifact development• Certifications earned: Material Program Management (MPM) – Phase 4, Raytheon Six Sigma Specialist, Earned Value Management System (EVMS), Program Management – Level 6 (in-process).• Ensured Export/Import compliance for jurisdiction & classification assessment (JCA) by coordinating with JCA engineers to certify compliance with US DoD EX/IM regulations for multiple international programs.• Received Rstars Spot Award for contributions made as part of a team that enabled an unplanned test event to occur in an aggressive time-frame• Supply Chain Management Systems including Prism, PDM Windchill and Raytheon Supplier Insight Show less

• 

  Santander Bank, N.A.

  Jun 2018 - Dec 2019

  • Selected from over 700 applicants for rigorous formal credit training program focused on credit analysis, accounting, financial statement modeling, and corporate finance.• Perform credit analysis and underwriting for new C&I deals, renewals, maturities and modifications during rotations in Leveraged Finance, Asset-Based Lending, and Mid-Corporate Banking.• Assist in the preparation of valuation and capital structure analysis in conjunction with pitch books for prospecting efforts with new and existing clients. Show less

  • Associate, Asset Based Lending

    May 2019 - Dec 2019

  • Credit Associate at Santander Bank, N.A

    Jun 2018 - Dec 2019
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  East Boston Savings Bank

  Dec 2019 - now

  Loan Officer, Commercial Real Estate