1. MICHAEL CASSELLA
188 Castle Road • Bristol Connecticut 06010
860-977-7137 • mpc1956@att.net
SENIOR FINANCIAL ANALYST
Dynamic Senior Financial Analyst with more than 20+ years of banking experience. Demonstrated expertise with Retail
Banking, Sales, Marketing and Product Development support. Proven management experience developing Shared
Service Operations with business partners to support short and long-term strategies and financial goals. Skilled at
supporting Cash Vaults, Float, Transportation, Document Card and Payment Services. Strong qualitative analysis
experience preparing ad-hoc reports to assist operational departments to achieve business strategies, and financial
goals. Solid expertise maintaining partnership relationships to reach sales and revenue goals.
Financial Analysis • Budgeting • Expense Control • Product Development, Sales and Marketing Support • Reporting
Banking • Risk Management • Financial Forecasting • Team Leadership / Motivation • Financial Data ● Process
Improvement • Vendor Management • Operations • Retail Banking • Project Management • Communication
BANK OF AMERICA • East Hartford, Connecticut • 10/1985 – 7/2015
Leading US Financial Institution and Financial Holding Company.
Senior Business Support Manager / Financial Analyst • 10/2009 – 7/2015
Analyzed data to identify operational risks, business trends and anticipate financial issues. Developed ad-hoc reports to
provide qualitative analysis for operational units to prepared business strategies and manage financial goals. Offered
internal customers and business partners financial analysis for planning and strategy development. Managed expense
cost allocations to provide consistent expense cost reporting. Ensured accurate Shared Services Operations reporting for
Lines of Business based on general ledger system.
Achievements:
• Analyzed Operational Unit expense budget to control cost and increase production efficiency.
• Reviewed equipment contracts and pricing to secure $500K in supplier reimbursements.
• Developed recommendations to outsource cash vaults operations to armored carriers saving $30M in expenses.
• Prepared financial and hierarchy data analysis for bank integration projects for accurate reporting of new Lines of
Business.
• Organized Global Record Management project to identify unmarked record retention boxes.
• Supported single sign-on access control for multiple Lines of Business to ensure security and customer
convenience.
• Streamlined armored carrier billing process saving $1M in cash vault operations.
• Built and maintained business partner relationships across SSO and LOB operations to ensure reaching business
strategies and financial goals.
BANK OF AMERICA • East Hartford, Connecticut
Assistant Business Support Manager / Financial Analyst • 10/1985 – 10/2009
Established budgeting and expense control to contain cost and improve operational efficiency. Developed expense
projections and forecasting to anticipate business requirements.
Achievements:
Resume
2. • Adjusted operational unit staffing to meet actual production requirements. Improved operations while controlling
staffing expenses.
MICHAEL CASSELLA • Page 2 • mpc1956@att.net
• Streamlined month end closings into the budget process for consistent financial reporting.
Analyzed financial data for merger acquisition for smooth integration into BOA system.
• Developed Corporate Banking Division operating budgets to ensure meeting monthly financial goals and objectives.
• Reviewed Line of Business expense allocations to increase organizational understanding of receiver Line of
Business budgets. Improved allocation methodologies for accurate budgeting.
• Managed FleetBoston expense budgeting and forecasting for Cash Vaults, Float and Transportation management
teams.
EDUCATION
Associate of Science in Accounting/Business
Post University, Waterbury, Connecticut
PROFESSIONAL TRAINING
Certificate of Banking Principles
New England School of Banking, Williamstown, Massachusetts
AFFILIATIONS
Elks Club
Bank of America LinkedIn
COMPUTER SKILLS
Microsoft Office Suite
Resume