Resume

ELINDA FISHMAN KISS

3593 Corn Crib Lane

Huntingdon Valley, PA 19006

215-938-8860 (h)  EFKiss@aol.com   215-962-9071 (cell)

 

PROFILE

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:

  • Asset/Liability Management
  • Capital Markets
  • Derivative Securities
  • Economic Forecasting
  • Financial Analysis
  • Mortgage Banking
  • 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

EXPERIENCE

UNIVERSITY OF MARYLAND, College Park, MD                                                   2003-present

Teaching Professor, Finance

Teach undergraduate and MBA courses in: Corporate Finance and Financial Institutions Management

 

RUTGERS UNIVERSITY, BUSINESS SCHOOL-Newark, NJ                                1998-2003

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., Hatboro, PA                           1996-1998

Treasurer

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, Somerset, NJ

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

 (RTC, continued) Somerset, NJ, Valley Forge, PA and Washington, DC

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 in Washington, DC.

Directed 35 contractors who managed and sold 1700 assets and subsidiaries ($1 billion).

 

 

MERITOR SAVINGS BANK (PSFS), Philadelphia, PA                                            1986-1989

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, New York, NY                                                     1983-1986

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, Philadelphia, PA                                                    1981-1982

Commercial Lending – Regional Department      $150 million commercial loan portfolio.

 

  ECONOMIC CONSULTING and TEACHING EXPERIENCE

CITY OF PHILADELPHIA, OFFICE OF THE DIRECTOR OF FINANCE      Saved City of Philadelphia $10 million by advance refunding specific maturities of outstanding serial bonds.

BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM, Washington, DC

UNITED STATES TREASURY DEPARTMENT, Washington, DC   

WHARTON SCHOOL, TEMPLE UNIVERSITY, WELLESLEY COLLEGE, DREXEL UNIVERSITY, THE COLLEGE OF NEW JERSEY, PENN STATE UNIVERSITY

 

EDUCATION

THE WHARTON SCHOOL, UNIVERSITY OF PENNSYLVANIA, Philadelphia, PA

Advanced graduate studies in Accounting and Finance

 

UNIVERSITY OF ROCHESTER, Rochester, NY

Ph.D. - Economics                                                                

M.A. - Economics                                          

 

WASHINGTON UNIVERSITY, St. Louis, MO                                                                      

B.A. -   Cum Laude in Economics and Mathematics

 

 OTHER ACTIVITIES

Board of Directors; Policy conference co-chair      National Association for Business Economics

Past President                                                   Philadelphia Council for Business Economics

Board of Directors                                              Financial Management Association

 

ADDITIONAL TRAINING

Registered Securities Representative (Series 3, 7, 63)

Computer training in Excel, Word, PowerPoint, WordPerfect, QuickBooks,  Fortran and Basic.

 

Home pages:     http://www.rhsmith.umd.edu/finance/elinda-kiss/               http://www.elinda-kiss.rutgers.edu/

Email:                           EFKiss@aol.com           ekiss@rhsmith.umd.edu