Alain Pierroz

Experience

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  Swiss Bank Corporation

  Oct 1979 - Apr 1991

  • Directed a staff of five in conducting audits of all operating areas• Accomplishments include recovering over CHF 650K of duplicate tax fees paid by the Securities Department• Improved and enforced the internal control system • Participated in audits of New York branches and subsidiaries of SBC in the US. Audit assignments included Trading, Securities and Loan Departments encompassing a variety of operational and administrative areas• Conducted audits of various areas within the bank, while stationed at the Lausanne, Switzerland office • Developed thorough understanding of bank operations through rotations in diverse departments within the organization

  • Assistant Audit Manager

    Apr 1987 - Apr 1991

  • Auditor

    Sept 1982 - Mar 1987

  • Accounting Clerk

    Oct 1979 - Aug 1982
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  UBP - Union Bancaire Privée

  May 1991 - Aug 1992

  Senior Auditor

  • Managed several teams conducting all internal operations audits worldwide• Formulated recommendations to enhance accountability and control• Ensured adequate implementation of recommendations

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  BCV - Banque Cantonale Vaudoise

  Dec 1992 - Jul 1995

  • Directed a staff of 3 analyst and IT specialist• Managed risk analysis for a $16 billion loan portfolio of 70+ branch offices• Analyzed collateral, financial statements and industry trends to determine financial stability of specific clients and industry segments• Interviewed clients to develop strategic solutions and negotiate loan restructuring• Prepared recommendations to increase loans, increase collateral, lower interest rates or initiate foreclosures. Participated in weekly Risk Management Committee meetings• Compiled biannual projections of funds required for risk management to the Board of Directors and outside auditors• Ensured loan portfolio compliance with regulatory standards:o Developed and implemented an automated system to capture all questionable or distressed loans for examination by Risk Management Departmento Subsequent to acquisition of Banque Vaudoise de Credit by Banque Cantonale Vaudoise, conducted a comprehensive analysis of entire loan portfolio of newly acquired bank Show less • Directed the credit back office operations of a bank with a $3 billion loan portfolio• Managed a major credit audit to examine compliance, control and credit risk of loan portfolio• In conjunction with external auditors prepared report for federal regulatory board, leading to the acquisition of the bank by Banque Cantonale Vaudoise• Performed total valuation analysis of portfolio, working with Ernst & Young auditors:o Developed standardized operating policies and procedures to enable the smooth transition of Banque Vaudoise de Credit operations, after acquisitiono Created a risk management reporting system using Lotus and Access to generate quarterly internal reports and statistical summaries for regulatory reportingo Uncovered potential high-risk conditions in the loan portfolio and through prompt actions prevented financial institution from facing severe losses Show less

  • Vice President Risk Management

    Jan 1994 - Jul 1995

  • Vice President, Back Office Credit Opportunities

    Dec 1992 - Dec 1993
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  Stewart Stamping Corporation

  Jan 1996 - Jul 1999

  Assistant CFO - Accounting Department Manager

  • Managed 4 member team including billing, accounts receivable, accounts payable, payroll, and reconciliation department• Prepared monthly and quarterly financial package including Balance Sheet, Detailed Profit & Loss, and Variance Analysis• Prepared weekly and monthly reporting package to international parent company (INSILCO) reflecting actual, forecast and budget figures with variance analysis and explanations• Prepared annual tax package and annual budget with detailed explanation Show less

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  S&S INDUSTRIES, INC.

  Jul 1999 - Mar 2016

  Financial Controller/ IT Manager

  S&S Industries is the parent company of a private Group with numerous locations in the US, Hong Kong, China and Honduras.• Oversee operations of U.S locations and assist with the Asian and Honduran companies• Managed the subsidiary company in France for 6 years (now closed)• Discovered 400K of fraudulent transactions performed by various employees & able to recuperate 200K• Prepare monthly financial package and various detailed analysis• Created and implemented reports for future investment decisions utilizing financial data and evaluations • Make all Technology decisions regarding hardware and software purchases• Implemented a computer network including Exchange, Applications and Citrix Servers as well as VPN connections in all locations• Participate in acquisition and expansion projects for the organization• Interact with external auditors Show less

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  Energy Improvement Corporation

  Mar 2016 - now

  Chief Operating Officer

  Energy Improvement Corporation is a local development corporation providing renewable and energy efficiency benefits to New York property owners to reduce their energy costs. Open C-PACE is New York State’s Property Assessed Clean Energy (PACE) finance program which provides financing to commercial building owners and non-for-profits.