Richard B.
External Consultant & Advisor
Experience
Apr 2003 - Jun 2007
4 years 3 monthsIsrael
External Consultant & Advisor
Bank of Israel
- Served as a driving force in the payments reform in Israel, moving forward towards enacting a RTGS payments system based on the elimination of settlement, operational and systemic risk in the national payment system
- Played a prime role in determining and writing both the functional & technical designs and risk management programs
- Responsibilities included analysis and ownership in the entire RFP process
- Provided critical advice and know-how, guiding the project successfully
Dec 2001 - Present
24 yearsIsrael
Principal Associate
Citadel Advantage
- Policy development at ministry of finance, central bank, industry association and financial institution levels in areas such as cash management, payment system strategy development, operational risk mitigation, fraud prevention, bank supervision and national legislation
- External consultant and advisor roles on state treasury, bank and bank systems to central banks, banking associations and financial institutions
- Cash management, payments and RTGS design, development and implementation at government, central bank and financial institution level
- SWIFT expertise in interfacing design, usage, CUG development and implementation
- SWIFT operational expertise
- Risk assessment and mitigation at a bank operations level, especially suited for Basel II operational risk requirements and ERM
- Fraud awareness and fraud prevention
- Bank product design and development including legal aspects, document design and establishment of procedures
- Operations management including branch operations, electronic banking operations and international trade finance (import-export)
- Education and training of staff in all aspects of cash management, payments, operations, operations risk and fraud
Apr 2000 - Dec 2002
2 years 9 monthsRamat Gan, Israel
Project Manager
PAYplus
- Managed projects including business and systems analysis, writing functional specifications, education and training, troubleshooting, quality assurance and review
- Provided professional guidance to meet customers’ specific needs and deliver professional services
- Led reengineering of payments procedures and internal business practices
- Covered banks and payment systems in the USA, Bermuda, Ireland, Greece and Holland
May 1998 - Apr 2000
2 yearsIsrael
Business Analyst (Consultant)
Surecomp Development Ltd.
- Implemented IMEX, an online real-time trade finance system in full conformity with ICC regulations, risk management policies and SWIFT requirements
- Managed projects, provided education and training, troubleshooting, quality assurance and review
- Led system tailoring to banks’ specific needs
- Implemented the system on-site at various banks in Poland, South Africa and Sweden
Jun 1997 - May 1998
1 yearJerusalem, Israel
Int’l Trade Finance Banker
- Processed financial transactions for foreign trade, including documentary credits, collections and payments for import and export
- Expanded and refined the bank’s customer base through client calls and on-site visitations in the Jerusalem region
- Provided support and back-up for the Foreign Currency Department in daily activities
Summary
I have spent over 30 years advising and managing payments, treasury, and risk transformations for banks, corporates, and regulators around the world. I bring deep expertise in liquidity management, cross-border settlements, operational risk, and program management. My work has involved guiding critical reforms and carving out solutions that enhance financial infrastructure and modernize corporate treasury operations.
I combine hands-on execution with a balanced approach to stakeholder alignment and governance discipline. I excel at addressing complex challenges and delivering sustainable improvements in cash management and regulatory environments, ensuring smooth transitions and lasting value for every transformation I support.
Languages
English
NativeHebrew
AdvancedEducation
Mission College
Associate of Arts, Business · Business · Santa Clara, United States
San Jose State University
Bachelor of Science, International Business · Business Administration · San Jose, United States
Certifications & licenses
Speech Communications
Mission College
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