Creative and decisive executive with 30 years of experience delivering business technology solutions to achieve strategic business goals and sustained operational excellence. Direct experience with all aspects of software development from strategy through application retirement. Specializes in managing large-scale programs as well as leading teams through enterprise change initiatives. Currently focusing on innovation and methods to speed
Creative and decisive executive with 30 years of experience delivering business technology solutions to achieve strategic business goals and sustained operational excellence. Direct experience with all aspects of software development from strategy through application retirement. Specializes in managing large-scale programs as well as leading teams through enterprise change initiatives. Currently focusing on innovation and methods to speed up product development in the emerging technology areas of mobile, video, cloud, and wearables.
Senior Vice President, Technology @ Responsible for technology that supports the Bank, Card, and Lending businesses. Focus is on strategy, delivery, and innovation in areas of web, mobile, branding, and commerce. Drives team to scale and meet stringent availability and reliability metrics. From June 2011 to Present (4 years 7 months) Senior Vice President, Credit Loss Management @ Managing Dallas operations and technology teams and MHA program for the United States Treasury
Responsible for claims processing and all software initiatives
Technology lead for scaling and transformational strategy
Created multiple year roadmap that supports the processing of the significant rise in numbers of Loan Reviews and Modifications and Properties owned.
Primary regulator point of contact From October 2009 to June 2011 (1 year 9 months) Senior Vice President @ Managing a staff of 1000 and a budget of $125M focusing on reducing the team by 20% by year end through outsourcing and productivity gains.
Technology lead on remediation strategy - SOX, OFHEO, Internal Audit
Led implementation of a new Servicing platform. This platform replaced a very large mainframe system that managed over 20 million loans for over 20 years.
Largest project in Fannie Mae's history
More than 5 Million lines of code and Terabytes of data
10 times faster than predecessor system
Best of Breed technology
Full parallel testing for 6 months
Audited by Internal Audit, Accenture, Deloitte and Touché From November 2008 to September 2009 (11 months) Senior Vice President @ Took over lead role and quickly assessed technology product strategy and contracts with customers.
Installed a precise plan for remediation of over 100 deficiencies coming from various sources--SOX, OFHEO, Internal Audit
Crafted multiple year technology infrastructure to address:
Shared data infrastructure
Messaging infrastructure From March 2006 to October 2008 (2 years 8 months) Senior Vice President @ Critical project to restate corporate financials for; Lead for 80 concurrent development work-streams and 100 databases
Highest pressure/ highest stakes project of my career
Created new sub-ledger systems for all business lines
Created new data infrastructure for all business lines
Executed back transactions for From January 2001 to January 2006 (5 years 1 month) Vice President @ Managed staff of 400 and a budget of $80M.
Created more than 10 software product offerings, three of which are mission critical, Class 1 systems.
Managed technology revenue business focusing on fee revenue of $150M.
Responsible for evaluating and integrating new technologies. From August 2000 to December 2005 (5 years 5 months) Vice President @ Leadership role for architecture, development, and integration of E-Commerce systems. Team is responsible for system blueprint and technology choices for a large scale, business-to-business transaction system with a consumer website. Blueprint has been constructed to support 7x24 availability for thousands of users. Project has required extensive design and prototyping initiatives with very aggressive turnaround times. Team has pioneered the use of JAVA and XML including the creation of an interface generator for Fannie Mae on this project.
Team has created a suite of software services that provide innovative, industry-leading decisioning and electronic transaction capabilities via the Internet.
Team has designed and built a sophisticated middleware platform that "glues" together different enterprise architectures utilizing XML, JAVA, C++ and messaging.
Established reference architectures and E-Commerce benchmarks to assess system readiness. Led a group to review and suggest improvements for partner architectures and integration. From October 1999 to July 2000 (10 months) Vice President, Information Technology @ Led operations and development teams for a mission critical system for thousands of mortgage lenders and brokers. Team is responsible for command center monitoring, user registration, order processing, transaction processing, and database design and management as well as network management. Managed various projects that focused on system performance and scalability improvements, network technology upgrade, disaster recovery capabilities, with roles ranging from architect to executive sponsor. Managed a budget of over $10 Million and a team of 100 professionals that consists of developers, operators, testers, support professionals, and managers.
Established various system benchmarks and metrics that pinpointed system strengths and weaknesses. Managed a team that analyzed customer system issues and improved software products through automated regression testing and creation of standard interfaces.
Managed Y2K compliance efforts including a switch of telecommunications providers focusing on ensuring that external customers incorporate required software modifications. From November 1998 to September 1999 (11 months) Director, Information Technology @ Managed full lifecycle software development of business critical application that allows lenders and brokers to underwrite mortgage loans. The system utilizes three-tier client-server technologies, C++ and UNIX to provide a distributed, large scalable processing capability for over 25,000 customers. This application revolutionized the electronic mortgage industry by providing cost savings to lenders and consumers of as much as $1000/loan. Additionally, customers can choose from many integration options that include Web technologies such as interactive commerce server and Java. The system also includes a sophisticated decisioning engine that takes advantage of AI, knowledge and rules technologies. Throughout the development effort, was responsible for overall design, architecture and development philosophies as well as ensuring the business goals were met.
In this capacity responsible for the performance appraisals and career development of a team of 50 professionals. From July 1996 to October 1998 (2 years 4 months) Director, Information Technology @ Served as Chief Architect and development lead for a project that created an application that would scan and certify mortgage loan documents as well as created a physical facility to index and store these documents. The application utilized imaging and workflow technologies as well as client-server database technologies to produce significant cost and time savings for Fannie Mae. From July 1994 to July 1996 (2 years 1 month) Systems Development Consultant @ Managed team of developers that designed and developed prototypes and production systems that utilized leading edge technologies to show viability of distributed processing and data. Team researched and tested DCE, Encina, and CORBA products. Projects resulted in an investment of $10 Million and a creation of a customer systems division. From March 1992 to July 1994 (2 years 5 months) Systems Development Consultant @ Provided technical consulting and systems design and development expertise for many Fortune 500 companies in the Washington, DC metro area. Consulting concentrated on client/server, TCP/IP, database and large-scale transaction systems. Deliverables included product presentations, architecture blueprints, design reviews, and system development troubleshooting. From March 1989 to January 1992 (2 years 11 months) Technologist @ Hardware and software specialist focusing on innovative designs and application of prototypes. From June 1986 to December 1988 (2 years 7 months)
BS, Systems Engineering and Computer Science @ University of Virginia From 1982 to 1986 Gradiated with Honors @ Tabb High School From 1978 to 1982 Rich McGhee is skilled in: SDLC, Enterprise Architecture, Integration, Program Management, Process Improvement, Software Development, Risk Management, SOA, Strategy, Product Management, ITIL, Disaster Recovery, Unix, Enterprise Software, Databases
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