DOUGLAS PENA

Innovative Finance manager with over 20 years of Experience at Insured Depository Institutions. 

Douglas Pena Experience:

Douglas Pena is a Finance leader, experienced in managing Treasury, Accounting, ALM, Investments, Risks, Reporting,  and Tax units.  He has implemented models, risk metrics, managed systems, implemented Accounting & Treasury policies, procedures, and created value through automation, improved efficiency, liquidity and risk management. Throughout his career, Douglas has been promoted numerous times, due to the commitment to his work. Most of all, Douglas enjoys working with teams and solving problems.

Douglas Pena work includes performing financial analysis on market trends, investments, corporations, business entities including the presentation of results to senior management.  Douglas has managed a $1.0+ Billion fixed income portfolio and has experience trading in the following asset categories:  US Treasuries, US Agencies, Tax-Exempt Municipal Securities, Taxable Municipal Securities, Corporate Bonds, CMBS, RMBS, ABS, CMOs and Private Debt.  Douglas Investment Portfolio management work includes the development and execution of investment strategies, performing ongoing credit analysis, analyzing credit rating reviews, Trading, and ongoing risk/return assessment. 

Douglas Pena possesses over 10 years’ experience in Asset Liability Management, from managing reporting preparation, strategy development, and presentation to Executive Management at the Asset Liability Committee (ALCO) to assessing, measuring, and recommending on a Financial Institution’s risks such as Liquidity Risk, Market Risk, Interest Rate Risk, Income at Risk, Economic Value of Equity (EVE). 

Douglas Pena years of experience in Accounting includes applying Generally Accepted Accounting Principles (GAAP) to the preparation of monthly internal financial statements, managing the month end financial closing process, managing internal controls, external audits, preparation of the company’s Annual Report to Shareholders, and Board Reports. 

Douglas Pena holds a Masters in Business Administration in Finance and Computer Information Systems.  He also graduated from Pacific Coast Banking School, at the University of Washington where he attended a three year post-graduate program in Management, Banking, and Leadership. 

Providing value in:
-Fixed Income Investments:
Douglas has managed a $1.0+ Billion fixed income portfolio and has experience trading in the following asset categories: US Treasuries, US Agencies, Tax-Exempt Municipal Securities, Taxable Municipal Securities, Corporate Bonds, CMBS, RMBS, ABS, CMOs and Private Debt.
- Model Implementation:  
Formulating ideas, validating them and implementing them are three basic aspect of a model.  However, the steps to move from one level to the next increase in complexity.  Having the right personnel, systems, analytics are key to a successful implementation. 
- Risk Metrics Assessment and Development:   
Managing and Mitigating Risks in not only a good strategy but a necessary one.  A good business strategy requires that an Insured Depository Institution performs ongoing assessments, reviews and a throughout analysis to identify, monitor, measure, and control risks.
- Development of Policies and Procedures: 
Ongoing risk assessment, ongoing due diligence, system changes, efficiency improvement, staff development, are a few of the reasons that may drive an institution to reassess its policies and procedures.
- Asset Liability Management:  
Mitigating and managing risks across an entity's balance sheet, such as investments, loans, deposits, borrowings while maximizing returns is at the front of well-defined ALM process.  
- Managing Teams and Solving Problems: 
 Experience in managing individuals and teams at different levels. 
- Improving Efficiency through Automation:  
Integrating automation and new technology into daily functions leads to improved efficiency and productivity.  It has been my experience that in the long run, these improvements lead to a happier workforce as it removes the repetitive work and induces more challenging jobs.
- Financial Reporting: 
Leveraging improved efficiencies and automation to Financial Reporting.  Applying GAAP to the preparation of the Financial Statements, the Annual Report to shareholders, Board Reports, and Regulatory reporting
- Regulatory Reporting:  
Regulated entities through ongoing reporting facilitates an early identification of risks, issues that may affect the safety and soundness of IDI or public institutions.  Regulatory reporting is, therefore, a critical activity to understand, assess, and mitigate risk.
- Advising Senior Management: 
Experience in guiding senior management, discussing and defending an entity’s ALM position such as Liquidity risk, Interest Rate Risk, and Market Risk.