ELINDA FISHMAN KISS
215-938-8860 (h) EFKiss@aol.com 215-962-9071 (cell)
Ph.D. Economist experienced in banking, investment banking, government and academia. Adept at applying advanced knowledge of economics and finance to create practical solutions. Expert at communicating complex ideas to senior management and customers. Areas of expertise include:
· Financial Institutions, Instruments and Markets
· Hedging -- Interest Rate Risk Management
· Investments -- Portfolio Management
· Managerial and Corporate Finance
· Monetary Policy and Bank Regulation
· Professional Presentations and Training
Teaching Professor, Finance
Teach undergraduate and MBA courses in: Corporate Finance and Financial Institutions Management
Associate Professor, Finance, Economics and Accounting
Teach undergraduate, MBA, executive MBA and international executive MBA courses in: Corporate Finance, Investments, Financial Institutions, Instruments and Markets, Managerial Economics, International Finance, Financial Accounting, Financial Statement Analysis.
Recipient of Thomas H. Mott award for excellence in teaching.
CUSTOM EQUIPMENT MANUFACTURING, INC.,
Directed: economic and financial analysis, portfolio strategies, and contracting.
Managed: accounting, bank relations, corporate budget, investments, leasing, pension plan.
RESOLUTION TRUST CORPORATION (RTC), PA, NJ, DC 1990-1995
Managing Agent - Acting Chief
Financial Officer and Treasurer - City Federal Savings Bank,
Sold $7 billion in loans, securities, derivatives and real estate in liquidation of savings associations.
Sold $500 million Home Equity Portfolio at $35 million profit.
Managed $3.5 billion portfolio of mortgage-backed, corporate and municipal securities.
Managed derivative securities: CMOs, IOs, POs, REMICs and swap-options.
Chaired Asset/Liability Management Committee; determined deposit rates.
Directed operations half of bank with 200 employees and $300 million budget.
Financial Instruments Coordinator – Department Head – Asset Marketing
Oversight Manager - Asset Specialist - Contractors and Subsidiaries
Coordinated “swaps” of $1 billion residential, multi-family and commercial mortgage loans into FNMA, FHLMC, and RTC-MBS securities. Sold whole loans.
Unwound complex securities transactions.
Chaired Asset Sales Management Committee and served on Credit Review Committee.
Managed department of 25 professionals and six clerical, with budget of $12 million.
Co-wrote policy manual for selling securities by Capital Markets Group
Directed 35 contractors who managed and sold 1700 assets and subsidiaries ($1 billion).
MERITOR SAVINGS BANK (PSFS),
Vice President-Capital Markets
Managed and traded $2.5 billion portfolio of interest rate swaps, caps, floors, options and financial futures. Increased bank income by $2 million in 1987, $5 million in 1988 and $15 million in 1989.
Hedged $6 billion MBS portfolio, CD issuance and mortgage pipeline.
Developed and presented training seminars on Capital Markets.
Wrote Fixed Income Monitor newsletter for customers and senior management.
Vice President-Analysis and Financial Planning; Asst. Economist (Meritor, continued)
Directed strategic and tactical financial planning, forecasting and analysis. Analyzed potential investments and divestitures.
Managed bank’s interest sensitive gap.
Chaired committee to restructure bank’s assets, reducing interest expense and exposure.
Forecasted key interest rates and economic data to determine opportunities for investment.
Designed corporate restructuring plan, leading to capital infusion of $75 million.
CITICORP INVESTMENT BANK,
Assistant Vice President – Capital Markets
Sold bonds, money-market instruments and mortgage-backed securities to financial institutions and money managers.
Top salesperson (of 173) in Citicorp products.
FIRST PENNSYLVANIA BANK,
Commercial Lending – Regional Department $150 million commercial loan portfolio.
ECONOMIC CONSULTING and TEACHING EXPERIENCE
BOARD OF GOVERNORS OF THE FEDERAL
Advanced graduate studies in Accounting and Finance
Ph.D. - Economics
M.A. - Economics
B.A. - Cum Laude in Economics and Mathematics
Board of Directors; Policy conference co-chair National Association for Business Economics
Board of Directors Financial Management Association
Registered Securities Representative (Series 3, 7, 63)
Computer training in Excel, Word, PowerPoint, WordPerfect, QuickBooks, Fortran and Basic.