Mark Lee

Vice President, Performance Management

Role
Vice President, Performance Management at City National Bank
Location
Fullerton, CA, US
LinkedIn followers
500 followers
Finance & AccountingView LinkedIn profile

About Mark Lee

Manage operational efficiencies through the use of technology and leveraging the work of business partners. Resulting in- Always looking for opportunities and best practices that are for the betterment of the CFO Group and ultimately align with industry best practices- Risk mitigation by reducing operational and compliance risk by providing accurate, timely, and actionable insight to business partners for better decision making.

Experience

  1. Vice President, Performance Management

    City National Bank

    Jun 2020 — Present

    o Manage the strategy, business, and financial reporting to key equity stakeholders o Oversee transformation and automation projects between CNB and RBC o Align CNB operating and reporting standards to RBC\'s o Oversaw the financial modeling, consolidation, and management reporting to internal and external stakeholders for an enterprise with +$92Bn in asset,+$2Bn in revenue, and +5,500 colleagues o While transitioning to Head of Corporate Budget & Forecasting, rebuilt the team from ground zero the Corporate Budget & Forecasting team without missing any deliverables o Enhanced modeling by focusing more on drivers, multi-variate regression history, and capturing managerial adjustments o Expanded partnerships with Accounts Payable, Fixed Asset team, and Treasury to streamline processes and reporting o Optimized Accounting discrepancies between GAAP and IFRS by reconfiguring management reporting mapping to better align to RBC’s o Integrated & automated monthly forecast and budget planning workbooks for better data transferability, flexibility, efficiency, and comparability between the two processes o Reviewed the budgets of acquisitions to validate modeling and assumptions o Partnered with IT system administrator to ensure that accounting has an up-to-date budget for the monthly Flash o Created driver-based models/workbooks (i.e. FDIC expense based on asset growth) o Streamlined data inputs from accounting and treasury into forecasting model for quicker reconciliation

Education

  • University of California, Los Angeles

    Extension, 4.0

    2006 — 2009

  • UCLA Anderson School of Management

    Master of Business Administration (M.B.A.), Finance, 3.6

  • University of Washington

    BA, Economics

    2001 — 2005

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