Kurt Heinrich

Current

Vice President, Profitability Manager at Cambridge Savings Bank

Past

Manager, Financial Services at nGenera
Principal Consultant at IPS-Sendero - Fiserv
Sr. Implementation Consultant at IPS-Sendero - Fiserv

Product Consultant - Risk at IPS-Sendero - Fiserv
Treasury Officer at SIS Bank
Systems Administration Officer at Southington Savings Bank
Research & Financial Analysis Officer, Money Management Division at Fleet Bank

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Education

Bentley College

Recommended

24 people have recommended Kurt

Connections

235 connections

Industry

Banking

Websites

Cambridge Savings Bank website

Kurt Heinrich’s Summary

I have over 20 years of Banking Risk Management experience. Specifically, in the areas of Asset/Liability Management (ALM) and Funds Transfer Pricing (FTP) along with budgeting and forecasting.

Kurt Heinrich’s Specialties:

Bank financial risk management, Investment portfolio management, consulting manager and leader

Kurt Heinrich’s Experience

Vice President, Profitability Manager

Cambridge Savings Bank

(Privately Held; 201-500 employees; Banking industry)

September 2008 — Present (2 months)

Manage a staff to oversee business line, customer, product profitability models, funds transfer pricing and cost allocations as well as budget and performance management.
Manager, Financial Services

nGenera

(Information Technology and Services industry)

October 2007 — July 2008 (10 months)

Provide clear leadership and communication as subject matter expert to a project team. Through an organization specializing in helping corporations move towards becoming a Next Generation Enterprise in a Web 2.0 environment.
Principal Consultant

IPS-Sendero - Fiserv

(Public Company; 10,001 or more employees; FISV; Computer Software industry)

October 2006 — October 2007 (1 year 1 month)

Managed a staff of consultants who implemented the company's financial risk products (Asset/Liability (ALM), Funds Transfer Pricing (FTP), and Budgeting). Interacted with all area of the company and worked closely with the sales staff to structure potential projects.
Sr. Implementation Consultant

IPS-Sendero - Fiserv

(Public Company; 10,001 or more employees; FISV; Computer Software industry)

July 2000 — October 2006 (6 years 4 months)

o Implemented & trained users at 35 client sites annually in how to use the company’s Asset/Liability and Funds Transfer Pricing software. Worked with over 200 banks in the course of this position with an asset size of up to $180 billion.
o Received “excellent” evaluations from over 99% of the clients.
o Coordinated client schedules and software installations. Monitored project plans to meet expected timelines. Working with 30 clients at one time.
o Managed personal chargeable time to exceed standard billable days in a year. Exceeded this target by 20% or more every year, which increased the company’s income from my work by the same percentage.
o Recognized over $1.5 million dollars of revenue for the company.
o Provided leads to sales staff regarding enhancements and services a client might require. Which led to a number booked sales from these leads.
o Promoted from Implementation Consultant to Sr. Implementation Consultant in January 2002.
Product Consultant - Risk

IPS-Sendero - Fiserv

(Public Company; 10,001 or more employees; FISV; Computer Software industry)

February 1999 — June 2000 (1 year 5 months)

Provided phone support on the company's Asset/Liability software to the company's clients. This also included assistance with Bank Asset/Liability theory. While in this position I performed about 20 onsite implementations with clients, also.
Treasury Officer

SIS Bank

(Public Company; 201-500 employees; SISB; Banking industry)

April 1998 — February 1999 (11 months)

Performed modeling of the bank’s balance sheet for the Asset/Liability Committee, using IPS-Sendero Asset/Liability Management software. Heavily involved in the production of the bank wide budget. Supplied custom reports and presented the results as part of the bank’s pricing committee. Assisted in the process of the sale of mortgages to a third party.
Systems Administration Officer

Southington Savings Bank

(Public Company; 51-200 employees; BKCT; Banking industry)

November 1991 — April 1998 (6 years 6 months)

o Managed all aspects of the bank’s computing needs. Responsible for the installation and management of all of the bank’s computer hardware and software purchases.
o Members of officer committee chosen to pick new bank data processing platform.
o Responsible for setting up and maintaining the WAN, which supported every department of the institution. All data was housed on central servers for greater information sharing and workflow efficiency. The new bank platform system was also accessible from each user's desktop instead of centralized terminals.
Research & Financial Analysis Officer, Money Management Division

Fleet Bank

(Public Company; 1001-5000 employees; Banking industry)

September 1987 — November 1991 (4 years 3 months)

Performed monthly pricing and reporting of the bank’s and client’s investment portfolios. Provided research and customized reports as a member of the Asset/Liability Committee. Responsible for the pricing and transferring of a money market liability portfolio, in excess of $100 million.

Kurt Heinrich’s Education

Bentley College

BS, Business Economics, 1983 — 1987

Activities and Societies:

Campus Activities Board President - 1986, Campus Activities Board Concert Chair - 1985