Ilain Isaac

iif9da00@westpost.net

14 Harbour Isle Drive West Unit 304 Home: (772) 882-416

8
Fort Pierce, FL 34949 Mobile: (954) 232-3800

SUMMARY
Treasury Finance Professional with experience in investment portfolio management
, asset and liability management, and cash flow and liquidity management.
ACCOMPLISHMENTS
Manage a portfolio of over $1.0 billion in securities including Trust Preferred
(CDOs).
Buy and sell government securities including CMO, MBS (FNMAs FHLMCs, and Agency
securities).
Track and predict cash flow, optimizing the use of net investable funds, by min
imizing idle balances at the Federal Reserve Bank.
Implement Reserve Link, which reduces the Banks reserve requirement by $45.0 mi
llion. Implement outsourcing of official checks, which improves net income by $1
.3 million.
Manage the Wholesale Funding (liabilities) and deposits of the Bank.
Seek alternative funding sources for liquidity purposes as well as contingency
funding plan, by executing overnight repurchase agreement, State of Florida Depo
sits, Treasury Term Investment Option.
Establish Fed funds credit facility of $282.0 million with other institutions.
Develop strategies to improve return on assets (e.g., minimize cost of funds of
the Bank below libor/swap curve.
Provide timely reports and present ALCO to Executive Management Committee to ma
nage interest rate risk.
Perform Gap and Interest Rate Risk Analyses and What/If analyses to manage gap
duration and interest rate risk.
Analyze credit information for all depositories, dealers, and corporations on B
anks approval lists to ensure maintenance of investment policies and regulatory
requirements.
Remain current on industry trends, economic and business conditions and monetary
policies that could affect the money markets industry.

PROFESSIONAL EXPERIENCE
Riverside National Bank 2004 to 2010
Assistant Treasurer, Vice President
BankAtlantic, Fort Lauderdale, FL 1989 to 2003
Largest Community Bank in Florida with $5.3 billion in assets
Investment Portfolio Manager, Vice President
Treasurer, BankAtlantic Foundation
BankAtlantic, Fort Lauderdale, FL 1986 - 1989
Senior Accounting Clerk Supervised both incoming and outgoing wire transfers. R
econciled the Banks correspondent bank accounts as well as Federal Reserve Bank
and Federal Home Loan Bank of Atlanta.
Bank of America, formerly NationsBank, Miami, FL 1985 - 1986
Funds Manager Managed the daily cash flows in and out of the Bank. Bought and s
old federal funds to approved depository institutions.
Dade Savings, Miami, FL 1982 - 1985
Check Processor Supervisor Managed a staff of two in the Checking Department. S
upervised Return Items, check processing and balanced Federal Reserve Banks dail
y check clearing.
COMPUTER SKILLS
Sendero and Darling Asset/Liability Software Program
Bloomberg Online Financial Database
M&I Data Metavante Desktop Report Writer & JackHenry
Microsoft Excel Suite & Lotus SmartSuite
EDUCATION
Certificate, Wayne Huizenga Entrepreneurial School of Business
Fort Lauderdale, FL
MBA, Business Administration, University of Phoenix
Fort Lauderdale, FL
BS, Finance, Florida International University
Fort Lauderdale, FL
COMMUNITY SERVICES
Board Member - Treasurer, Finance Chairman & Executive Committee (2006-Present)
United Way - Vero Beach, FL
Past Board Member (2001-2003) - Broward Academy of Finance
Broward County Public Schools, Fort Lauderdale, FL