Background:
Gene s career has primarily involved addressing the needs check, deposit, cash management, loan operations and branch office products or functions experiencing audit, profit, productivity, accounting, quality and operating difficulties and developing and implementing new banking products and services. He has held key management positions over these functions at two of the 50 largest financial institutions in America and served as a consultant to banks, savings and loans and financial services organizations ranging in assets from $250 million to over $300 billion.

He has had management responsibility for, consulted with or reengineered nearly all check, deposit, loan operations, cash management and branch office functions, workflows and processes - involving accounts, paper and electronic transactions, maintenance and exceptions - from the point of origination to point of completion. He installed or has been responsible for much of the hardware and software that supports these products to include deposit, loan and subsidiary application software and check processing, cash management and teller and platform hardware and software. Gene has also had management responsibility for most bank procedures and the development or revision of many bank policies.

In addition, he has conducted bank income improvement studies and consolidated the products and services of three acquired banks and two bank holding companies with combined assets exceeding $10 billion. This know-how provides insight into even the most insignificant facets of financial services organizations and extensive knowledge of nearly all aspects of their products and services.

All management experience involved in-house applications. No software outsourcing or processing arrangements with Third Parties was involved. No case is too small. No geographic limitations.

Lectures & Research:
Gene has served as an instructor and guest lecturer for numerous professional organizations and institutions of higher learning to include LaRoche College, Duquesne University, University of Miami, National Automated Clearing House Association (NACHA), Pennsylvania Bankers Association, Bank Administration Institute (BAI), Recognition Technology Association, American National Standards Institute (ANSI) and Pennsylvania Mortgage Bankers. He also served on BAI and Federal Reserve Task Forces studying, preparing reports and making recommendations on national banking issues.

Litigation Support:
During his career, Gene has had experience dealing with the Uniform Commercial Code, Banking Law, CFR Titles 12 and 31 and Federal Reserve Board Operating Rules as they relate to the products and services he managed or consulted with. He began his first Litigation Support engagement in 1997. Additional cases were obtained from referrals provided by previous clients and opposition counsel prior to expanding this practice nationally. Although no case is too small, Gene has experience with several cases involving amounts between $53 and $130 million.

Two Cases Resolved During 2004:
$130,000,000 Fraud Case. Attorneys had been involved with the case for nearly two years before Gene was brought in. After documents were reviewed, he realized the case focused on two areas of little significance to bankers. Efforts were refocused to transactions originated by the perpetrators requiring bank officer approval. Transactions to avoid required government reporting, launder money, buy cars, motorcycles, boats and other real property and services having no bearing on the nature of the business and in violation of existing banking regulations were identified. He also proved bank employees knowingly or unknowingly assisted the perpetrators by opening a fiduciary checking account without proper documentation in violation of the banks procedures and by providing a notation on the checks of a second account that misrepresented the account type. The case was settled out of court in clients favor.

$53,000,000 Fraud Case. The amount at issue was $16,000,000 but Gene noticed certain account irregularities and subsequently identified an additional $37,000,000. He established that a U. S. bank permitted an unauthorized South American bank employee to open an account in the name of a British Virgin Islands (BVI) corporation in violation of the U. S. banks policies and procedures. Bank employees then sold U. S. dollar instruments, issued certificates in the name of the BVI corporation and cleared the checks received through the U. S. bank using the BVI account. He also showed how many of the transactions transferring funds from the U. S. bank to other U. S. banks, South American banks and corporations were improperly authorized based on the U. S. banks procedures. This case was also settled out of court in clients favor.

Education:
Bachelor of Science in Business Administration, Finance, Duquesne University, 1969
Master of Administration, Business, Penn State University, 1974
Certificate, Business of Banking School, Cornell University, 1981
Certificate, Stonier Graduate School of Banking, Rutgers University, 1986

Affiliations:
Past Vice Chairman & Board Member, American National Standards Institute Financial Services Standards Organization.
Past national technical association industry chair and Vice President and Board Member of regional automated clearinghouse associations.

Areas of Expertise: