Mark A. Semanie, CPA, Senior Consultant
Mark served as the Chief Financial Officer and Executive Vice President of a publicly traded (NASDAQ) de novo bank for eight years. In addition to monthly reporting to the board, Mark was responsible for quarterly and annual reporting to the SEC, Comptroller of the Currency, Federal Reserve and FDIC.
Other responsibilities as CFO included managing correspondent bank relationships, managing relationships with regulators, independent accounting firms, investment banks, outsourced internal audit vendors, external legal counsel, information technology vendors and benefits and insurance vendors, managing investment portfolio, conducting due diligence reviews of significant vendors, and preparation and management of the bank and holding companies budget and forecast.
Recently, Mark has provided advisory services to the acquirers of failed banking institutions. In these engagements, he developed reporting tools to comply with FDIC loss sharing agreements.
Prior to working with banks, Mark was a Senior Manager with KPMG.