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Anthony J. Bonaceto
.com
OBJECTIVE: To find a challenging and lasting opportunity for my 12 years of experience in
project and vendormanagement.
SKILLS/QUALIFICATIONS
 12 years of project management experience involving client conversions,client
enhancements,and resolving client issues
 12 years of vendormanagement experience as the relationship manager for the statement
vendorDSTO and RICOH
 12 years of managing experience where 4 of my hires were successfully promoted within
State Street
 3 years of submitting balanced vendorbudgets approved by finance
 3 years of spearheading cost saving projects for the company
 4 years of reviewing and approving all statement vendorenhancements and invoices
 3 years of experience working with internal and external auditors to reduce company risk
PROFESSIONAL EXPERIENCE
State Street Bank & Trust – Wealth Manager Services (WMS) Vendor Management
Officer 7/07 – Present
VENDOR MANAGEMENT EXPERIENCE
 Created efficiency by implementing EPASS systemfor DSTO statement invoices
- Allowed managers to approve annualvendor budgets and eliminate monthly invoice approval
- Used EPASS controls to not exceed budget when processing DSTO monthly invoices
- Faster payment of invoices by adding PO number to DSTO invoices
- Decreased payment errors since each PO number is attached to our client’s internal payment RC
 Manage statement and checks/advice team responsible for day to day interaction with client teams
 Responsible for SLA of over 2 million checks and advices and over 50,000 statements monthly
 Finalized SLA amendment to existing DSTO contract that created target dates for all relationships
 Created a cost per statement sales tool so the sales team can price out statement costs for new clients.
 Conduct Governance meetings with DSTO on a quarterly basis to review relationship
 Implemented Control Meeting to prioritize all vendor statement enhancements
 Created and presented vendorstatement training program for all client teams in Quincy and KC
 Created and presented vendorstatement onboarding training program for new employees
 Created team survey that allowed client teams to provide feedback on vendor management team
PROJECT MANAGEMENT EXPERIENCE
 Well versed in the waterfall project management methodology
 Project Manager Argent Statement Deconversion
- Worked closely with client team to finalize client’s last statement.
- Responsible for confirming all statement events turned off corporate system
- Reviewed vendor’s final client invoice and confirmed payment
 Project Manager Goldman Statement Deconversion
- Worked closely with client team to finalize client’s last statement.
- Responsible for confirming all statement events turned off corporate system
- Reviewed vendor’s final client invoice and confirmed payment
 Project Manager Capital Counsel Statement Conversion
- Responsible for finalizing client statement requirements
- Point Person for all client statement testing and post production testing
- Created procedures for statement team responsible for releasing statement files
- Reviewed accuracy of all client statement invoices.
 Project Manager for IIS retiree services checks and advice conversion OVER
- Created project plan for conversion
- Created procedures for team responsible for releasing checks and advice files
- Created efficiency by automating release of checks and advice files
 Project Manager for Mass MutualStatement Conversion
- Responsible for finalizing client statement requirements
- Point Person for all client statement testing and post production testing
- Created procedures for statement team responsible for releasing statement files
- Reviewed accuracy of all client statement invoices.
 Resolved RR Donnelly statement commingling trend for Capital Guardian
- Went on site at RR Donnelly in New Jersey and met with all operators responsible for our client
Capital Guardian
- Identified issue with inserter, replaced it, tested new inserter and resolved commingling issue
 Assumed Global + statement vendorresponsibilities from the client team which allowed them to reduce
staff
 Conducted monthly onsite visits to EDS Detroit office to oversee statement printing, inserting, and delivery
RISK REDUCTION
 Point person with external audit to review internal checks and advices recon process. No issues identified
 Point person with internal audit to review DSTO vendor. No issues identified. Satisfactory Rating
 Reviewed IIS Profile Statement process,delivery and identified risk items. Escalated to Senior Management
 Partner with vendors annually to produce disasterrecovery tests and the inclusion of State Street Privacy and
FDIC insert in statements
 Created statement Disaster Recovery document for WMS clients of RR Donnelly
 Created vendor escalation documents so appropriate teams are contacted for issues that occuroff hours
 Created automated process with vendor DSTO to purge statements after 7 years per compliance retention policy
 Automated client statement CD-ROM delivery process to reduce risk and print costs.
COST SAVINGS/BALANCING BUDGETS
 Finalized 3.5 million dollar DSTO statement vendormanagement budget in 2015
 Finalized a 4 million dollar DSTO statement vendor management budget in 2014
 Responsible for reconciling all statement invoices to budget and identifying discrepancies or trends
 Resolved aged invoice issue with DSTO. No aged invoices over 90 days reported over last three years
 Responsible for reviewing and approving all statement vendor enhancement estimates and invoices
 Established invoice process that bills statement expenses directly to client. $800,000 in revenue annually
 $26,000 saved annually by implementing new process for inserts to be included with checks and advices.
 $21,000 saved annually by implementing new environmentally friendly envelope.
 $146,000 saved annually by implementing new process for vendorreceipt of checks and advice files
 Significant cost savings realized through merger of WMS SEI statement clients with Investors Bank & Trust
SEI statement clients
 Significant statement print savings realized through implementation of e-delivery for Capital Guardian
Education: Syracuse University
Bachelor of Science in Communications and Psychology May 1995
Computer Skills:Microsoft Suite, Oracle Applications
Extra-Curricular: Participated in WMS Mentoring Program The Manager’s Journey
Committee member: Take Your Child to Work Day, Christmas &
Halloween Party
Former member of Toastmasters

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Updated ABonaceto Resume

  • 1. Anthony J. Bonaceto .com OBJECTIVE: To find a challenging and lasting opportunity for my 12 years of experience in project and vendormanagement. SKILLS/QUALIFICATIONS  12 years of project management experience involving client conversions,client enhancements,and resolving client issues  12 years of vendormanagement experience as the relationship manager for the statement vendorDSTO and RICOH  12 years of managing experience where 4 of my hires were successfully promoted within State Street  3 years of submitting balanced vendorbudgets approved by finance  3 years of spearheading cost saving projects for the company  4 years of reviewing and approving all statement vendorenhancements and invoices  3 years of experience working with internal and external auditors to reduce company risk PROFESSIONAL EXPERIENCE State Street Bank & Trust – Wealth Manager Services (WMS) Vendor Management Officer 7/07 – Present VENDOR MANAGEMENT EXPERIENCE  Created efficiency by implementing EPASS systemfor DSTO statement invoices - Allowed managers to approve annualvendor budgets and eliminate monthly invoice approval - Used EPASS controls to not exceed budget when processing DSTO monthly invoices - Faster payment of invoices by adding PO number to DSTO invoices - Decreased payment errors since each PO number is attached to our client’s internal payment RC  Manage statement and checks/advice team responsible for day to day interaction with client teams  Responsible for SLA of over 2 million checks and advices and over 50,000 statements monthly  Finalized SLA amendment to existing DSTO contract that created target dates for all relationships  Created a cost per statement sales tool so the sales team can price out statement costs for new clients.  Conduct Governance meetings with DSTO on a quarterly basis to review relationship  Implemented Control Meeting to prioritize all vendor statement enhancements  Created and presented vendorstatement training program for all client teams in Quincy and KC  Created and presented vendorstatement onboarding training program for new employees  Created team survey that allowed client teams to provide feedback on vendor management team PROJECT MANAGEMENT EXPERIENCE  Well versed in the waterfall project management methodology  Project Manager Argent Statement Deconversion - Worked closely with client team to finalize client’s last statement. - Responsible for confirming all statement events turned off corporate system - Reviewed vendor’s final client invoice and confirmed payment  Project Manager Goldman Statement Deconversion - Worked closely with client team to finalize client’s last statement. - Responsible for confirming all statement events turned off corporate system - Reviewed vendor’s final client invoice and confirmed payment  Project Manager Capital Counsel Statement Conversion - Responsible for finalizing client statement requirements - Point Person for all client statement testing and post production testing - Created procedures for statement team responsible for releasing statement files - Reviewed accuracy of all client statement invoices.  Project Manager for IIS retiree services checks and advice conversion OVER
  • 2. - Created project plan for conversion - Created procedures for team responsible for releasing checks and advice files - Created efficiency by automating release of checks and advice files  Project Manager for Mass MutualStatement Conversion - Responsible for finalizing client statement requirements - Point Person for all client statement testing and post production testing - Created procedures for statement team responsible for releasing statement files - Reviewed accuracy of all client statement invoices.  Resolved RR Donnelly statement commingling trend for Capital Guardian - Went on site at RR Donnelly in New Jersey and met with all operators responsible for our client Capital Guardian - Identified issue with inserter, replaced it, tested new inserter and resolved commingling issue  Assumed Global + statement vendorresponsibilities from the client team which allowed them to reduce staff  Conducted monthly onsite visits to EDS Detroit office to oversee statement printing, inserting, and delivery RISK REDUCTION  Point person with external audit to review internal checks and advices recon process. No issues identified  Point person with internal audit to review DSTO vendor. No issues identified. Satisfactory Rating  Reviewed IIS Profile Statement process,delivery and identified risk items. Escalated to Senior Management  Partner with vendors annually to produce disasterrecovery tests and the inclusion of State Street Privacy and FDIC insert in statements  Created statement Disaster Recovery document for WMS clients of RR Donnelly  Created vendor escalation documents so appropriate teams are contacted for issues that occuroff hours  Created automated process with vendor DSTO to purge statements after 7 years per compliance retention policy  Automated client statement CD-ROM delivery process to reduce risk and print costs. COST SAVINGS/BALANCING BUDGETS  Finalized 3.5 million dollar DSTO statement vendormanagement budget in 2015  Finalized a 4 million dollar DSTO statement vendor management budget in 2014  Responsible for reconciling all statement invoices to budget and identifying discrepancies or trends  Resolved aged invoice issue with DSTO. No aged invoices over 90 days reported over last three years  Responsible for reviewing and approving all statement vendor enhancement estimates and invoices  Established invoice process that bills statement expenses directly to client. $800,000 in revenue annually  $26,000 saved annually by implementing new process for inserts to be included with checks and advices.  $21,000 saved annually by implementing new environmentally friendly envelope.  $146,000 saved annually by implementing new process for vendorreceipt of checks and advice files  Significant cost savings realized through merger of WMS SEI statement clients with Investors Bank & Trust SEI statement clients  Significant statement print savings realized through implementation of e-delivery for Capital Guardian Education: Syracuse University Bachelor of Science in Communications and Psychology May 1995 Computer Skills:Microsoft Suite, Oracle Applications Extra-Curricular: Participated in WMS Mentoring Program The Manager’s Journey Committee member: Take Your Child to Work Day, Christmas & Halloween Party Former member of Toastmasters