Randal Owen Roan

Springfield, IL 62704 Phone: (217) 793-9098 email: r_roan@msn.com

Summary
Twenty-six years of progressive management, accounting, auditing and finance experience with a proven track record of success. A problem-solver with a high level of self-confidence and the ability to maintain focus on the big picture. Enjoys working as part of a team of professionals dedicated to the achievement of corporate goals and objectives and the delivery of increased shareholder value.

Experience
Prairie State Bank & Trust, Springfield, IL A $550 million bank with 19 locations throughout central Illinois. Chief Operations Officer 2009 to Present Established a mortgage servicing operation to service loans sold to FNMA (total portfolio > $250 million). Implemented deposit reclassification software that has enabled the bank to increase the bottom line in excess of $100,000 per year. Managed compliance area, Visa debit card operations, loan operations, deposit operations, electronic banking operations (remote deposit capture, online banking platform, business banking platform, ATMs), ACH and wire transfer operations, correspondent bank account relationships and data processor relationships, accounts payable, and overdraft monitoring. Supervised a staff of 20 in 6 locations. HSBC Finance Corporation, Prospect Heights, IL 2005 - 2009 The North America consumer lending subsidiary of HSBC Holdings plc; total assets of $180 Billion. Vice President- North America Finance Project Management Office Responsible for managing and delivering upon projects to align and standardize North America Finance operations, reduce costs, and improve process flow and efficiencies. Director- Treasury Finance and Administration Responsible for review and analysis of monthly Treasury financial results, including comparison to plan and forecast. Primary liaison with the credit rating agencies, responsible for coordination and development of rating agency presentations and communications. Primary responsibilities are geared toward special projects necessary to restructure Treasury systems and operations to improve execution and efficiency, reduce costs, improve internal controls and enhance the quality of data to internal and external parties. Director- Treasury Compliance and Control Responsible for the preparation of Sarbanes-Oxley documentation for the Treasury Department. Review all department policies and procedures for effectiveness and efficiency. Documentation of work flows, operating processes and key internal controls. Responsible for testing of key internal controls and ensuring that control improvements are implemented in a timely manner. In this role, I was also the primary treasury liaison for the internal and external auditors and served as the Operational Risk Coordinator, Economic Capital representative and Basle II Capital representative for Treasury.

Service Payment Plan, Chicago, IL 2002- 2004 A specialty finance company involved in providing interest free financing to consumers for the acquisition of auto service contracts. Treasurer Work directly with the President and CFO in the day to day operations of the company. Primary responsibilities include accounting for all Canadian operations, preparation of monthly consolidated financial statements, development and maintenance of bi-monthly securitization reporting, and development of financial forecasts and cash flow projections for third party lenders. Strong operational focus with a significant role in the implementation and testing of a new data processing and accounting system. Actively involved in the negotiation of expanded bank credit lines including a revolving securitization and the upgrade of banking and cash collection services. MFN Financial Corporation, Lake Forest, IL 2000- 2002 A $600 million consumer finance company engaged in the acquisition of non-prime retail installment sales contracts from automobile dealers across the United States. Vice President and Treasurer Worked directly with the CEO and CFO to restructure the Company and prepare it for sale to third party investors. On March 8, 2002, the Company was merged with a subsidiary of Consumer Portfolio Services, Inc. Played an integral part in achieving the following corporate objectives: Renegotiation of post bankruptcy debt which lowered the overall cost of funds and ensured a long-term source of financing. Completion of two securitizations of non-prime auto finance receivables. Daily interaction with investment bankers, attorneys, surety companies, rating agencies and corporate bankers in the negotiation of deal terms and deal structuring and the drafting of critical documents. Implementation of lockbox cash receipts processing and utilization of outside vendors to enhance other methods of collection. Cash collections at branch locations were reduced from 85% of total cash receipts to less than 10%. Centralization of dealer payment processing and conversion of manual checks to electronic funds transfer (ACH) for greater than 80% of contract acquisitions. Reorganization of Funding Department to increase operating efficiency and improve dealer response time while enhancing internal controls. Review and analysis of receivables portfolio demographics and collection performance necessary to modify credit underwriting and collections policies and procedures. Development of a ROA model to measure profitability of various credit grades and introduction of riskbased pricing to credit buyers. Eliminated lowest scoring 30% of originations while maintaining overall monthly volume targets. Responsible for the supervision and review of personnel and the work product associated with cash and investment management, risk management, receivables analysis, securitization reporting, dealer funding, title documentation, and central records and imaging.

Grant Thornton LLP, Chicago, IL Senior Manager- Financial Services Industry

1997-2000

Responsible for the development of a financial services team with the primary objective of expanding the scope of professional services in the Chicago area. Increased annual community bank billings in a rapidly consolidating market and helped expand the financial services practice beyond the historical community bank client base. Maintained an outstanding level of client satisfaction and expanded client services and fees despite an annual staff turnover rate exceeding 35 percent. Considered a firm technical expert in the areas of community banking, investments, securitizations, and the non-prime automobile finance. Crowe Chizek LLP, Oakbrook, IL Manager- Financial Institutions Service Group 1993-1997

Responsible for the delivery of audit and consulting services to community banks and investment companies. Achieved a 75 percent success rate on new business proposals. Designed audit efficiency procedures that resulted in an annual 15 percent improvement in the realization of audit fees. Developed agreed upon internal audit procedures that were ultimately utilized to expand the Chicago area financial services practice and improve staff utilization. The Old Second National Bank of Aurora, Aurora, IL 1992-1993 Controller reporting directly to the Chief Financial Officer of a $700 million publicly traded bank holding company. Supervised a professional and clerical staff of nine responsible for all phases of accounting, budgeting, financial reporting and cash management for six community banks and two bank holding companies. Automated the monthly closing, consolidation and financial reporting process while improving the quality and reliability of reports and financial statements. Designed monthly analytical package utilized by the Board of Directors to monitor and direct Asset/Liability Management. Arthur Andersen LLP, Chicago, IL 1985-1992 Senior Auditor and Financial Consultant to clients in the financial services industry. Planned, coordinated and executed independent financial statement audits. Reviewed and assisted in the preparation of SEC registration statements and periodic filings on forms 10Q, 10-K, 8-K, etc. Directly supervised individual engagement teams of 20 to 30 professional and clerical staff responsible for assisting the Resolution Trust Corporation in the closing of failed financial institutions.

Education & Professional Qualifications

Quincy College Bachelor of Science Accountancy Awarded 1985 Outstanding Accounting Student 1985

Eastern Illinois University Bachelor of Science Business Majors- Finance and Personnel Management Certified Public Accountant Member American Institute of Certified Public Accountants

1982