Clariant Advisory Llc

A group of C-level executive who help banks cut costs, improve loan portfolio performance and management, institute procurement process (typically cutting 15%+/- of non-personnel costs), as well as solving short term problems. Clariant's partners each have run large non-bank subsidiaries as well as overseen lending, workouts and personnel hiring and consolidation. Recent projects by Clariant professionals have included-cutting more than $40 million in expenses -Redesigned portfolio management from loan admin through litigation and recovery for a $3 billion porfolio of consumer and residential loans -Revamped procurement process, saving more than $3 million annually -Developed analytics to modify origination of consumer and commercial loans to minimize non-performers -Devised revised compensation programs for CEOs and senior staff to align incentives with corporate performance -Spearheaded a startup procurement effort for a regional bank, hiring staff and implementing initiatives resulting in more than $7 million of savings in 14 months