Mr. Gene Cooney
CCI Consulting, Inc.
4371 Winters Chapel Road
Atlanta GA, 30360
Over 30 years of hands-on check, deposit, cash management, loan operations and branch office products and services experience at banks, savings and loans and other financial services organizations.
BIO / Resume / CV:
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:
ANSI Financial Services Standards & Guidelines
Branch Office Products & Processes
Cash/Treasury Management Products & Processes
Check Processing & Check Clearing
Deposit Accounts, Transactions & Processes
Check & General Banking Fraud
Exception Processing - Rejects, Returns, Adjustments
Loan Accounts, Transactions & Processes
Lockbox & Payment Processing
Money Laundering Practices
Policies, Procedures & Standard Practices
Bank Banks Banking Savings And Loans Saving And Loan Thrifts Financial Services Deposits Bank Deposits Loans Check Processing Check Clearing Checks Deposit Accounts Loan Accounts Savings Accounts Savings Check Capture Bank Checks Checks Transit Clearing House Reject Reentry Returns Bank Returns Return Items Bank Return Items Check Returns Returned Checks Nsf Checks Adjustments Check Adjustments Collections Foreign Collections Bank Collections Account Maintenance Ach Automated Clearing House Cif Customer Information File Cis Customer Information System Wholesale Lockbox Retail Lockbox Lockbox Lock Box Controlled Disbursements Positive Pay Check Imaging Check Image Processing Image Processing Imaging Images Check Images Image Capture Check Image Capture Image Check Capture Check 21 Customer Profitability System Profitability System Customer Profitability Bank Accounting Bank Control General Ledger Bank General Ledger Bank Officers Duties Branch Operations Branch Office Operations Bank Operations Banking Operations Checking Accounts Checking Now Accounts Money Management Accounts Personal Credit Line Loan Operations Commercial Loan Operations Consumer Loan Operations Student Loan Money Market Account Ira Individual Retirement Account Check Fraud Fraud Bank Fraud Commercial Banking Commercial Loans Loan Accounting Consumer Banking Corporate Cash Management Cash Management Treasury Management Bank Due Diligence Due Diligence Electronic Funds Transfer Eft Embezzlement Loan Accounts Loan Processing Money Laundering Bank Policy Bank Policies Bank Procedures Banking Practices Standard Banking Practices Banking Standards Bank Practices Banking Best Practices Banking Standards Bank Standards National Banking Standards Banking Policy Bank Policy Banking Procedures Bank Procedures Bank Regulations Banking Regulations Bank Industry Standards Regulatory Compliance Bank Regulatory Compliance Deposit Software Loan Software Cash Management Software Treasury Management Software Commercial Loans Consumer Loans Profit Improvement Bank Profit Improvement Income Improvement Bank Income Improvement Savings And Loan Income Improvement Software Installation Bank Software Litigation Discovery Safe Deposit Safety Deposit Safe Deposit Boxes Forgery Edi Electronic Data Interchange Account Fraud New Account Fraud Bank Code Of Conduct Bank Officer Duties Payments Payment Processing Depositors Ordinary Care Endorsement Check Endorsement Cashiers Check Cashiers Check Certificate Of Deposit Certified Check Draft Bank Draft Holder In Due Course Negotiable Instrument Demand Deposits Payment Order Check Presentment Presentment Special Endorsement Tellers Check Tellers Check Collecting Bank Depository Bank Bank Of First Deposit Payor Bank Paying Bank Documentary Draft Travelers Check Travelers Check Good Faith Notice Of Dishonor Dishonor Drawee Drawer Check Drawee Check Drawer Midnight Deadline Settlement Bank Settlement Check Settlement Depositary Bank Depository Bank Payor Collecting Bank Check Presentment Electronic Presentment Interbank Compensation Inter Bank Compensation Account Analysis Sweep Accounts Account Reconcilement Electronic Payments Electronic Checks.
account analysis, account fraud, account maintenance, account reconcilement, ach, adjustments, automated clearing house, bank, bank accounting, bank checks, bank code of conduct, bank collections, bank control, bank deposits, bank draft, bank due diligence, bank fraud, bank general ledger, bank income improvement, bank industry standards, bank of first deposit, bank officer duties, bank officers duties, bank operations, bank policies, bank policy, bank practices, bank procedures, bank profit improvement, bank regulations, bank regulatory compliance, bank return items, bank returns, bank settlement, bank software, bank standards, banking, banking best practices, banking operations, banking policy, banking practices, banking procedures, banking regulations, banking standards, banks, branch office operations, branch operations, cash management, cash management software, cashiers check, certificate of deposit, certified check, check 21, check adjustments, check capture, check clearing, check drawee, check drawer, check endorsement, check fraud, check image capture, check image processing, check images, check imaging, check presentment, check processing, check returns, check settlement, checking, checking accounts, checks, cif, cis, clearing house, collecting bank, collections, commercial banking, commercial loan operations, commercial loans, consumer banking, consumer loan operations, consumer loans, controlled disbursements, corporate cash management, customer information file, customer information system, customer profitability, customer profitability system, demand deposits, deposit accounts, deposit software, depositary bank, depositors, depository bank, deposits, discovery, dishonor, documentary draft, draft, drawee, drawer, due diligence, edi, eft, electronic checks., electronic data interchange, electronic funds transfer, electronic payments, electronic presentment, embezzlement, endorsement, financial services, foreign collections, forgery, fraud, general ledger, good faith, holder in due course, image capture, image check capture, image processing, images, imaging, income improvement, individual retirement account, inter-bank compensation, interbank compensation, ira, litigation, loan accounting, loan accounts, loan operations, loan processing, loan software, loans, lock box, lockbox, midnight deadline, money laundering, money management accounts, money market account, national banking standards, negotiable instrument, new account fraud, notice of dishonor, now accounts, nsf checks, ordinary care, paying bank, payment order, payment processing, payments, payor, payor bank, personal credit line, positive pay, presentment, profit improvement, profitability system, regulatory compliance, reject reentry, retail lockbox, return items, returned checks, returns, safe deposit, safe deposit boxes, safety deposit, saving and loan, savings, savings accounts, savings and loan income improvement, savings and loans, settlement, software installation, special endorsement, standard banking practices, student loan, sweep accounts, tellers check, thrifts, transit, travelers check, treasury management, treasury management software, wholesale lockbox