Tim Eischen has over 20 years of experience in financial services operations management. He is currently seeking new opportunities. Most recently, he was the Financial Products Operations Manager at Alloya Corporate Federal Credit Union, where he managed daily cash flows of billions of dollars and oversaw a securities safekeeping program worth over $10 billion. Prior to that, he held associate director and associate vice president roles at Banc One Capital Markets and State Street Bank, where he managed back office operations including securities lending, custody, and trade settlement. He has a M.Ed. from Middle Tennessee State University and a B.S. in Finance from Northern Illinois University.

1. Tim Eischen
eischentimothy@gmail.com
239-961-2705
Financial Products Operations Manager – Alloya Corporate Federal Credit Union
Financial Services Operations Manager with twenty years of supervisory experience in the credit union, banking and
broker dealer industries. Highly effective team leader with significant experience with cash management, custody
operations and broker dealer back office processing.
Financial Products Operations Manager
Alloya Corporate Federal CreditUnion - Naperville,IL - April 2005 to October 2016
Responsibilities
• Manage the daily cash flow of billions of dollars through the Federal Reserve bank and ou r correspondent banking
institutions. Effectively manage the cash flows and balances with correspondent entity to optimize earnings and to
reduce risk associated with intraday and overnight balances. Utilize the Federal Reserve’s Excess Balance Account
to minimize excess cash on the Alloya balance sheet.
• Supervise the daily processing of the Alloya security safekeeping program. Alloya has 289 credit unions using the
safekeeping program through JPM Chase. The program manages about 10,000 securities with a market value of
over ten billion dollars. My team is responsible for: trade settlement, principal and income problem resolution, and
corporate action entitlementprocessing.
• Successfully negotiated two custody operation agreements including pricing and the conversion of all securities to a
new custodian.
• Merged the cash and custody operations of5 other corporate credit unions into Alloya.
• Responsible for the team’s disaster recoveryplan.
• In charge of the setup and maintenance ofall share accounts including the posting ofdaily rates.
• Run the operational aspects of the Alloya certificate program.
• Administered the annual Paid in Capital program with multiple investmentoptions for over 1500 creditunions.
• Managed the broker dealer settlement operations for our fully owned CUSO, Balance Sheet Solutions. These
processes included: created trade confirms, entered trade instructions with custodian for the settlement of trades,
and manuallyprocessed all TRACE reporting entries.
Associate Director
Banc One Capital Markets – Chicago,IL – 2003 - 2004
Responsibilities
• Supervised the daily reconciliation of Principal and Interest payments for the Capital Market portfolio and the
collection and disbursements offunds based on the ownership and entitlementofthose.
• Responsible for the notification and completion ofcorporate action events.
• Monitored the daily TRACE reporting for the Banc One Capital Markets trading group.
Associate Vice President
State Street Bank, (Deutsche Bank,Bankers Trust), – Nashville,TN – 1995 - 2003
Responsibilities
• Supervised the back office transactions related to our securities lending program.
• The settling of the delivery and receiptof securities though DTC or the FRB.
• Processed manual mark to marketSPO transactions for DTC and FRB trade corrections and factor changes.
• Created a proof process for the organization that compared the DTC Securities Lending and Repo positions to the
books and records of the bank. Developed a process for using the DTC SLRM function to correct erroneous lending
or repo transactions and for adjusting positions for voluntary and mandatorycorporate action events.
• Managed the reconciliation process for the Securities Lending programs Mark to Mark process that utilized the DTC
SPO function,(two thousand to ten thousand transactions per day).

2. • Supervised the transfer of the Agent Bank trade processing group form New York to Nashville and integrated the
functionality into my team.
FINRA Series 27
Balance Sheets Solutions,subsidiaryofAlloya Corporate FCU, (expired)
EDUCATION
M.Ed. Aerospace Education
Middle Tennessee State University - 1992
B.S. Finance and Operations Management
Northern Illinois University- 1998
ADDITIONAL INFORMATION
SKILL AREAS: ◆Custody Operations ◆Mergers – Operations ◆Coaching & Development ◆Setting Goals &
Objectives ◆Cash Management ◆Client Relationship Management ◆Disaster Recovery Plan Development ◆
Recruiting & Termination of Employees ◆Multitasking in Fast-paced Environments ◆ Articulate Oral & Written
Communication ◆Quick Problem Resolution & Decision Making ◆Continuous Process Improvement & Innovation ◆
Individual Training & Development of Staff
Technical Skills:MS Office (Excel, Word), Premier View, Fedline for the Web, AS400, DTC.