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245 Highland Avenue Stuart E. Scheer 201.259.9707
Wood-Ridge, NJ 07075-1505 sscheer704@aol.com
1 | P a g e
SUMMARY
Results-driven ITexecutivewith expertiseenvisioning and leading technology-based, multi-million dollar
revenueand growth initiatives ranging from manufacturing companies through financial institutions.
Highly ethical, and adept at understanding and complying with government regulations and working with
regulators during yearly examinations. Impressive, fast track management career marked by a
demonstratedability to buildpeak-performing teams and achieve cross-functional business objectives.
Valued member ofsenior executive teams contributing a seasoned, broad-based perspective to create
pragmatic ITstrategies and implementation plans designed for maximum return at the lowest possible
costs.
 IT Strategy and Execution  Product and Technology Launch
 Enterprise ITSystems  Excellent verbal and written skills
 Program and Project Management  Vendor Relations
PROFESSIONAL EXPERIENCE
Synchrony Financial (formerly GE Capital Retail Bank),Bridgewater,NJ July 2014 –July
2015
Senior Manager – IT Marketing
Following its IPO in July 2014, GECapital Retail Finance became Synchrony Financial. Now a bank with
over $20BBin assets, we are still striving to grow at an extraordinary rate. The main thrust during this
next phase ofgrowth for me was to implement new products to enablea greatercustomer base, and to
bring additional processing in-house to reduce our relianceon external vendors and improve audit
controls.
 Working with vendorFIS, prepared to launch the new checking product and debit card (dual card
intended to replace ATMcards) in November of2014. Worked with all stakeholders (Operations,
Risk, Fraud, Compliance, Marketing, Surveillance) and vendor FISto design, configure, and make
coding changes and create and execute projectplans and schedules, and perform a full QA and
UAT cycle in preparation for release. Due to a change in business focus, all was made ready for
release, but not yet “turned on”.
 Insourced all customerprocessing that had been performed by our vendor including all
remittance items and paperaccount applications,checks,and correspondence. This involved
creation ofa secure room in our Atlanta RPC, the setup ofan application to scan and transmit
checks for processing (BCX), modifications to a scanning and indexing application (Kofax and
I4D), produce additional reporting (DataWarehouse) and modify a workflow system (Deposits
Workstation), and create and transmit a signature card file (from mailed customer welcome kits)
to update the coreplatform. I worked extensively with the internal ITteams (developers and
networking, desktop support,ITsecurity,data transmittal) as well as Operations to ensure a
smooth cut-over,manage expectations, and to hit our desired target date.
 Ensured all documentation was completed properly for regulatory compliance and uploaded to
appropriate libraries (SharePoint).
245 Highland Avenue Stuart E. Scheer 201.259.9707
Wood-Ridge, NJ 07075-1505 sscheer704@aol.com
2 | P a g e
GE Capital Retail Bank (formerly MetLife Bank),Bridgewater,NJ June 2013 – July 2014
Senior Manager – IT Marketing
GECRB is a rapidly growing bank, looking to expand its digital presence and grow its deposit base through
innovative technology. Starting at $6BBin assets, it has grown to over $15BBat time of IPO in July 2014.
 Strategized and implemented the mobile channel for servicing ofbank customers and added
remote check deposit. Serving as Senior ITProject Managerand working with the vendors FIS
and CEDAR and many internal teams (eComm, MW, IT Security, Networking, DataWarehouse)
and business units (Marketing, Risk, Fraud, Compliance, Legal,Operations, Call Center),
managing project plans and schedules while adhering to GECRB’s strict SDLC processes and
procedures;reviewed all documentation and uploaded to proper libraries. I partnered with the
business, writing test cases and managing a large UATeffort involving ITand business personnel,
providing timely updates and discussions with both the business and seniorleadership.
 Implemented the sub-brand ofOptimizer+plus throughout the customer-facing digital interfaces as
well as printed customer artifacts, again working with the vendors FISand CEDAR as well as The
Studio (internal) for artwork and Legal, Compliance,Marketing, and Branding.
Aurora Bank FSB (formerly Lehman Brothers Bank),New York,NY 2004-2013
Vice President, Head of Retail Banking IT 2009-2013
The Bank offers a variety ofproducts including Retail Banking Services with ATMs, Residential
Mortgages, and Residential Mortgage Servicing. I am responsiblefor all retail banking technology,
support, and deployment.
 Implemented a new core banking application and a suite ofancillary applications (all with vendor
FIS) reducing our yearly cost by 20%. There are over40 individual apps in supportofthe
business which I administer. The platform has a sophisticated web services layer that allows
connectivity with many ofour third-party apps, FundTech GFX(Fed wire) being but one of them
 In the process ofimplementing EnterpriseBanker (ACI Worldwide), a Cash Management front-
end that will interface with the core. With Enterprise Banker in place, the Bank will realize a
savings ofover$2mm annually.
 Implemented an in-house IVR, rolled out Online Bill Pay and Mobile Banking for all our retail
customers increasing customer satisfaction by 40%
 Working with vendors to improvetheir productofferings, most notably as a member ofthe
Product Review Board for both CeB(Consumer e-Banking) and IBS Homepage (banking
dashboard)
 Responsible for contract and pricing negotiations with all my vendors
245 Highland Avenue Stuart E. Scheer 201.259.9707
Wood-Ridge, NJ 07075-1505 sscheer704@aol.com
3 | P a g e
Vice President,T ransition Architect 2008-2009
Responsible for overseeing the migration efforts as Aurora Bank FSB uncoupled from the Lehman
Brothers (now Barclays Capital) datacenter and shared application environments
 Migrated all AuroraBank-owned Lehman applications to the new Aurora Bank environment
located in Littleton, CO
 Worked with vendors to reestablish communication lines, and rebuild firewall rules with new IP
addresses
 Managed the team that rebuilt and rebranded Lehman Brothers Bank applications for use at
Aurora
 Migrated file servers, ftp servers, and routers from the Barclays to the Aurora environment
Vice President,Director ofT echnology 2004-2008
Senior executive responsible for leading all ITstrategy and initiatives within the Bank. Managed vendor
relationships and collaborated with the OTS (Office of Thrift Supervision) to garner a rating of‘1’ (highest)
for the most recent (2008) OTS ITexam. Implemented and reengineered key applications to strengthen
quality ofservice, reducecosts,and improve reliability. Managed multiple project managers and guided
multiple projects. Key playerin the integration ofacquired entities onto the Lehman network, and
assimilation with a host ofinternal systems.
 Delivered an in-house email blast platform,saving $215K/year
 Implemented an in-house Fed wire system (FundTech GFX) saving $1mm in fees annually
 Reengineeredthe Lehman Brothers Bank website and brought it in house for an annual savings of
$276K and removed all external development costs.
 Moved the Bank’s IVRin house, for an annual savings of$288K
 Managed process improvements with HMDA (Home Mortgage Disclosure Act) software (Wolters
Kluwer) to reduce time for creation offiles for regulatory filing from 12 ½ hours to less than 7
minutes.
 Leading role in the cut-over ofCNL Commercial Finance (an acquisition) from its parent
company to be branded as LBSBF (Lehman Brother Small Business Finance), and recreated its
external website and new presencewithin Lehmanlive (Lehman’s intranet). Careful timing and
adept project management allowed the changeoverto occur seamlessly with no downtime
Lehman Brothers Inc.,New York,NY 1994-2004
Vice President,Global Head of Equity Capital Markets Technology 2002-2004
Responsible for all technology initiatives within the Equity Capital Markets division. Implemented
products to increaseproductivity, improve communication throughout the Equity Sales and Equity
Research organizations, and provided real-time reporting for top-tier management. Managed a 30+
person development and support team which was also responsiblefor all Equity e -Commerce portals,
including Global Equity Research, Equity Sales, Research Distribution,and Soft Dollar.
 Implemented EventDesk (Dealogic),a very powerful event management and calendaring
application that was used heavily by both Equity Research and Equity Sales as well as the Equity
Syndicate (for Road Shows), replacing a spreadsheet and document system
 Managed the team that designed and wrote ConferenceCreator to supportthe Equity Research
conferences. The application schedules and invites attendees and presenters for conferences
245 Highland Avenue Stuart E. Scheer 201.259.9707
Wood-Ridge, NJ 07075-1505 sscheer704@aol.com
4 | P a g e
 Managed the development effort for the Capital Markets Pipeline application, which keeps track
of deals in various stages plus all the banking teams associated with them and their calendars, and
provides reports for the bankers
 Worked with Account Management to develop the Account Scorecardreportwhich became an
integral part ofthe Global CRM product (which I also implemented). The Account Scorecard
gives a very in-depth analysis ofproduction numbers, deals in which the account participated,
meetings the account has attended, and sales coverage for every product in which the account
took part.
 Responsible for all the Equity e-Commerceportals. These represent nine Equity content
providers, among which is the Global Equity Research portal that receives over 1mm hits annually
 As global head ofthe Equities CRM effort as well as of the Soft Dollar business, saw to the
successful implementation ofthe CRM for Fixed Income and Equity Sales, Equity Research,and
several major projects for the Soft Dollar desk, including onlineinvoices and image storage
Vice President,Head of Equity Syndicate Technology 2000-2002
Responsible for creating and implementing a variety ofnew software applications and other strategic
initiatives to increaseproductivity, satisfy regulatory requirements, and provide state-of-the-art tools to
senior management. Delivered training globally to users ofSynDesk and SynTicket (Dealogic)
 Implemented new Deals Management and Execution software for the Institutional Equity
Syndicate Desk (SynDesk, SynTicket) which greatly enhanced productivity, provided analytical
tools, satisfied complianceregulations,and positioned the business to begin e -Commerce
functionality with the buy-sidebusiness through i-Ticket
 Trained users globally (Syndicate desks in New Y ork and London, all sales and traders) on all
aspects ofSynDesk and SynTicket
 Created functionality for CMI (Capital Markets Intranet), combining the execution platform with
research and analytical tools. Worked with the business to further define their ne eds and to
implement web-basedsolutions.
 Worked with Equity Research and Sales to develop a high-level product and sector reporting
system, incorporating superleague and franchise accounts (Product Scorecard). This reporting
system was part ofan important suiteofanalytical tools for top-tiermanagement
 Worked with the e-Commerce group to implement Lehman’s participation in TheMarkets.com,
which was used as an execution portal for Syndicate deals in addition to i-Ticket
 Worked with the CRM team to develop a scenario to populatetheir scheduling softwarefrom
Syndicate Road Show information
 Within the Equity Syndicate business, saw to the successful implementation ofSTP (straight -
through processing) with SynTicketvia TIBCO, eliminating paper tickets, re sulting in greater
productivity and fewer errors
 Responsible for the migration ofthe Retail Syndication business from their prior system
(Syndicate IOI) to the new SynTicket Retail platform
PRIOR EMPLOYERS
Seagrams, Panasonic, Merrill Lynch, UnitedMerchants and Manufacturers, Switchco, Inc.
EDUCAT ION
BA, Music and Chemistry, State University ofNew Y ork at Binghamton
245 Highland Avenue Stuart E. Scheer 201.259.9707
Wood-Ridge, NJ 07075-1505 sscheer704@aol.com
5 | P a g e
Certificate in Computer Programming,NYU

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Stuart e scheer_executive_resume_2

  • 1. 245 Highland Avenue Stuart E. Scheer 201.259.9707 Wood-Ridge, NJ 07075-1505 sscheer704@aol.com 1 | P a g e SUMMARY Results-driven ITexecutivewith expertiseenvisioning and leading technology-based, multi-million dollar revenueand growth initiatives ranging from manufacturing companies through financial institutions. Highly ethical, and adept at understanding and complying with government regulations and working with regulators during yearly examinations. Impressive, fast track management career marked by a demonstratedability to buildpeak-performing teams and achieve cross-functional business objectives. Valued member ofsenior executive teams contributing a seasoned, broad-based perspective to create pragmatic ITstrategies and implementation plans designed for maximum return at the lowest possible costs.  IT Strategy and Execution  Product and Technology Launch  Enterprise ITSystems  Excellent verbal and written skills  Program and Project Management  Vendor Relations PROFESSIONAL EXPERIENCE Synchrony Financial (formerly GE Capital Retail Bank),Bridgewater,NJ July 2014 –July 2015 Senior Manager – IT Marketing Following its IPO in July 2014, GECapital Retail Finance became Synchrony Financial. Now a bank with over $20BBin assets, we are still striving to grow at an extraordinary rate. The main thrust during this next phase ofgrowth for me was to implement new products to enablea greatercustomer base, and to bring additional processing in-house to reduce our relianceon external vendors and improve audit controls.  Working with vendorFIS, prepared to launch the new checking product and debit card (dual card intended to replace ATMcards) in November of2014. Worked with all stakeholders (Operations, Risk, Fraud, Compliance, Marketing, Surveillance) and vendor FISto design, configure, and make coding changes and create and execute projectplans and schedules, and perform a full QA and UAT cycle in preparation for release. Due to a change in business focus, all was made ready for release, but not yet “turned on”.  Insourced all customerprocessing that had been performed by our vendor including all remittance items and paperaccount applications,checks,and correspondence. This involved creation ofa secure room in our Atlanta RPC, the setup ofan application to scan and transmit checks for processing (BCX), modifications to a scanning and indexing application (Kofax and I4D), produce additional reporting (DataWarehouse) and modify a workflow system (Deposits Workstation), and create and transmit a signature card file (from mailed customer welcome kits) to update the coreplatform. I worked extensively with the internal ITteams (developers and networking, desktop support,ITsecurity,data transmittal) as well as Operations to ensure a smooth cut-over,manage expectations, and to hit our desired target date.  Ensured all documentation was completed properly for regulatory compliance and uploaded to appropriate libraries (SharePoint).
  • 2. 245 Highland Avenue Stuart E. Scheer 201.259.9707 Wood-Ridge, NJ 07075-1505 sscheer704@aol.com 2 | P a g e GE Capital Retail Bank (formerly MetLife Bank),Bridgewater,NJ June 2013 – July 2014 Senior Manager – IT Marketing GECRB is a rapidly growing bank, looking to expand its digital presence and grow its deposit base through innovative technology. Starting at $6BBin assets, it has grown to over $15BBat time of IPO in July 2014.  Strategized and implemented the mobile channel for servicing ofbank customers and added remote check deposit. Serving as Senior ITProject Managerand working with the vendors FIS and CEDAR and many internal teams (eComm, MW, IT Security, Networking, DataWarehouse) and business units (Marketing, Risk, Fraud, Compliance, Legal,Operations, Call Center), managing project plans and schedules while adhering to GECRB’s strict SDLC processes and procedures;reviewed all documentation and uploaded to proper libraries. I partnered with the business, writing test cases and managing a large UATeffort involving ITand business personnel, providing timely updates and discussions with both the business and seniorleadership.  Implemented the sub-brand ofOptimizer+plus throughout the customer-facing digital interfaces as well as printed customer artifacts, again working with the vendors FISand CEDAR as well as The Studio (internal) for artwork and Legal, Compliance,Marketing, and Branding. Aurora Bank FSB (formerly Lehman Brothers Bank),New York,NY 2004-2013 Vice President, Head of Retail Banking IT 2009-2013 The Bank offers a variety ofproducts including Retail Banking Services with ATMs, Residential Mortgages, and Residential Mortgage Servicing. I am responsiblefor all retail banking technology, support, and deployment.  Implemented a new core banking application and a suite ofancillary applications (all with vendor FIS) reducing our yearly cost by 20%. There are over40 individual apps in supportofthe business which I administer. The platform has a sophisticated web services layer that allows connectivity with many ofour third-party apps, FundTech GFX(Fed wire) being but one of them  In the process ofimplementing EnterpriseBanker (ACI Worldwide), a Cash Management front- end that will interface with the core. With Enterprise Banker in place, the Bank will realize a savings ofover$2mm annually.  Implemented an in-house IVR, rolled out Online Bill Pay and Mobile Banking for all our retail customers increasing customer satisfaction by 40%  Working with vendors to improvetheir productofferings, most notably as a member ofthe Product Review Board for both CeB(Consumer e-Banking) and IBS Homepage (banking dashboard)  Responsible for contract and pricing negotiations with all my vendors
  • 3. 245 Highland Avenue Stuart E. Scheer 201.259.9707 Wood-Ridge, NJ 07075-1505 sscheer704@aol.com 3 | P a g e Vice President,T ransition Architect 2008-2009 Responsible for overseeing the migration efforts as Aurora Bank FSB uncoupled from the Lehman Brothers (now Barclays Capital) datacenter and shared application environments  Migrated all AuroraBank-owned Lehman applications to the new Aurora Bank environment located in Littleton, CO  Worked with vendors to reestablish communication lines, and rebuild firewall rules with new IP addresses  Managed the team that rebuilt and rebranded Lehman Brothers Bank applications for use at Aurora  Migrated file servers, ftp servers, and routers from the Barclays to the Aurora environment Vice President,Director ofT echnology 2004-2008 Senior executive responsible for leading all ITstrategy and initiatives within the Bank. Managed vendor relationships and collaborated with the OTS (Office of Thrift Supervision) to garner a rating of‘1’ (highest) for the most recent (2008) OTS ITexam. Implemented and reengineered key applications to strengthen quality ofservice, reducecosts,and improve reliability. Managed multiple project managers and guided multiple projects. Key playerin the integration ofacquired entities onto the Lehman network, and assimilation with a host ofinternal systems.  Delivered an in-house email blast platform,saving $215K/year  Implemented an in-house Fed wire system (FundTech GFX) saving $1mm in fees annually  Reengineeredthe Lehman Brothers Bank website and brought it in house for an annual savings of $276K and removed all external development costs.  Moved the Bank’s IVRin house, for an annual savings of$288K  Managed process improvements with HMDA (Home Mortgage Disclosure Act) software (Wolters Kluwer) to reduce time for creation offiles for regulatory filing from 12 ½ hours to less than 7 minutes.  Leading role in the cut-over ofCNL Commercial Finance (an acquisition) from its parent company to be branded as LBSBF (Lehman Brother Small Business Finance), and recreated its external website and new presencewithin Lehmanlive (Lehman’s intranet). Careful timing and adept project management allowed the changeoverto occur seamlessly with no downtime Lehman Brothers Inc.,New York,NY 1994-2004 Vice President,Global Head of Equity Capital Markets Technology 2002-2004 Responsible for all technology initiatives within the Equity Capital Markets division. Implemented products to increaseproductivity, improve communication throughout the Equity Sales and Equity Research organizations, and provided real-time reporting for top-tier management. Managed a 30+ person development and support team which was also responsiblefor all Equity e -Commerce portals, including Global Equity Research, Equity Sales, Research Distribution,and Soft Dollar.  Implemented EventDesk (Dealogic),a very powerful event management and calendaring application that was used heavily by both Equity Research and Equity Sales as well as the Equity Syndicate (for Road Shows), replacing a spreadsheet and document system  Managed the team that designed and wrote ConferenceCreator to supportthe Equity Research conferences. The application schedules and invites attendees and presenters for conferences
  • 4. 245 Highland Avenue Stuart E. Scheer 201.259.9707 Wood-Ridge, NJ 07075-1505 sscheer704@aol.com 4 | P a g e  Managed the development effort for the Capital Markets Pipeline application, which keeps track of deals in various stages plus all the banking teams associated with them and their calendars, and provides reports for the bankers  Worked with Account Management to develop the Account Scorecardreportwhich became an integral part ofthe Global CRM product (which I also implemented). The Account Scorecard gives a very in-depth analysis ofproduction numbers, deals in which the account participated, meetings the account has attended, and sales coverage for every product in which the account took part.  Responsible for all the Equity e-Commerceportals. These represent nine Equity content providers, among which is the Global Equity Research portal that receives over 1mm hits annually  As global head ofthe Equities CRM effort as well as of the Soft Dollar business, saw to the successful implementation ofthe CRM for Fixed Income and Equity Sales, Equity Research,and several major projects for the Soft Dollar desk, including onlineinvoices and image storage Vice President,Head of Equity Syndicate Technology 2000-2002 Responsible for creating and implementing a variety ofnew software applications and other strategic initiatives to increaseproductivity, satisfy regulatory requirements, and provide state-of-the-art tools to senior management. Delivered training globally to users ofSynDesk and SynTicket (Dealogic)  Implemented new Deals Management and Execution software for the Institutional Equity Syndicate Desk (SynDesk, SynTicket) which greatly enhanced productivity, provided analytical tools, satisfied complianceregulations,and positioned the business to begin e -Commerce functionality with the buy-sidebusiness through i-Ticket  Trained users globally (Syndicate desks in New Y ork and London, all sales and traders) on all aspects ofSynDesk and SynTicket  Created functionality for CMI (Capital Markets Intranet), combining the execution platform with research and analytical tools. Worked with the business to further define their ne eds and to implement web-basedsolutions.  Worked with Equity Research and Sales to develop a high-level product and sector reporting system, incorporating superleague and franchise accounts (Product Scorecard). This reporting system was part ofan important suiteofanalytical tools for top-tiermanagement  Worked with the e-Commerce group to implement Lehman’s participation in TheMarkets.com, which was used as an execution portal for Syndicate deals in addition to i-Ticket  Worked with the CRM team to develop a scenario to populatetheir scheduling softwarefrom Syndicate Road Show information  Within the Equity Syndicate business, saw to the successful implementation ofSTP (straight - through processing) with SynTicketvia TIBCO, eliminating paper tickets, re sulting in greater productivity and fewer errors  Responsible for the migration ofthe Retail Syndication business from their prior system (Syndicate IOI) to the new SynTicket Retail platform PRIOR EMPLOYERS Seagrams, Panasonic, Merrill Lynch, UnitedMerchants and Manufacturers, Switchco, Inc. EDUCAT ION BA, Music and Chemistry, State University ofNew Y ork at Binghamton
  • 5. 245 Highland Avenue Stuart E. Scheer 201.259.9707 Wood-Ridge, NJ 07075-1505 sscheer704@aol.com 5 | P a g e Certificate in Computer Programming,NYU