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2014-12-25T00:00:00.000Z

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Wrong Zack Bumpus?

Mr. Zack Bumpus CPA

Founder - Owner

Pinpoint Operations&Strategies, LLC

Pinpoint Operations&Strategies, LLC

Background Information

Employment History

Analyst and Developer
Sterling Heritage Corporation

Chairman
Composite Partners International LLC

Chief Financial Officer, Executive Vice President and Treasurer
Coastal Capital Funding Inc

Affiliations

Member
American Institute of Certified Public Accountants Inc

Advisory Board Member
Wesley Housing Development Corporation

Board Member
New America Savings Bank

Education

B.S.
Business Administration
University of North Carolina

Web References (17 Total References)


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www.compositepartners.com [cached]

Zack Bumpus, Chairman and Chief Financial Officer

As co-founder and chief financial officer, Zack Bumpus brings more than 25 years of financial management and strategic planning experience to Composite Partners International.
Since 1994, Bumpus has been President of Pinpoint Operations and Strategies, LLC (POS) in Herndon
VA. POS is a management consulting company assisting organizations with the delivery of both financially related and strategically oriented products and services to the marketplace. Helping clients develop methods to analyze the risk associated with new product-offerings, strategies for reengineering operations and value for sale existing product-lines or business segments is the core of POS's market strategy. Bumpus has advised global corporations and institutions including the Central Asian American Enterprise Fund, the United Nations, Mitsubishi Materials USA and Novartis Pharmaceuticals Corporation.
The Superintendent of Banks for the State of New York has named Bumpus as Administrator and/or Receiver for various troubled financial institutions in New York . Most notable was the Bank of Credit and Commerce International (BCCI). As administrator of the liquidating estate of the Nationar, an unsecured New York state chartered financial institution with over $20 billion under management, Bumpus eliminated a $30 million estimated shortfall to creditors and eventually provided $25 million to shareholders. This included valuing, marketing and selling eight business operations valued at over $20 million.
Prior to founding POS, Bumpus was the Chief Financial Officer, Executive Vice President and Treasurer for Coastal Capital Funding Corporation (CCFC) and Franklin Mortgage Capital Corporation (FMCC) for 6 years. He managed accounting, external and internal reporting functions, mortgage operations and data resources for the nationwide residential mortgage lender and its wholly-owned thrift subsidiary, NewAmerica Savings Bank. Bumpus help sell CCFC and FMCC, at the time the largest privately held mortgage banking operation in the US , to a Wall Street consortium in 1993.
Bumpus holds a Bachelors degree in Business Administration from the


body

www.compositepartners.com [cached]

Zack Bumpus, Chairman and Chief Financial Officer

As co-founder and chief financial officer, Zack Bumpus brings more than 25 years of financial management and strategic planning experience to Composite Partners International.
Since 1994, Bumpus has been President of Pinpoint Operations and Strategies, LLC (POS) in Herndon, VA. POS is a management consulting company assisting organizations with the delivery of both financially related and strategically oriented products and services to the marketplace.Helping clients develop methods to analyze the risk associated with new product-offerings, strategies for reengineering operations and value for sale existing product-lines or business segments is the core of POS's market strategy.Bumpus has advised global corporations and institutions including the Central Asian American Enterprise Fund, the United Nations, Mitsubishi Materials USA and Novartis Pharmaceuticals Corporation.
The Superintendent of Banks for the State of New York has named Bumpus as Administrator and/or Receiver for various troubled financial institutions in New York.Most notable was the Bank of Credit and Commerce International (BCCI).As administrator of the liquidating estate of the Nationar, an unsecured New York state chartered financial institution with over $20 billion under management, Bumpus eliminated a $30 million estimated shortfall to creditors and eventually provided $25 million to shareholders.This included valuing, marketing and selling eight business operations valued at over $20 million.
Prior to founding POS, Bumpus was the Chief Financial Officer, Executive Vice President and Treasurer for Coastal Capital Funding Corporation (CCFC) and Franklin Mortgage Capital Corporation (FMCC) for 6 years.He managed accounting, external and internal reporting functions, mortgage operations and data resources for the nationwide residential mortgage lender and its wholly-owned thrift subsidiary, NewAmerica Savings Bank.Bumpus help sell CCFC and FMCC, at the time the largest privately held mortgage banking operation in the US, to a Wall Street consortium in 1993.
Bumpus holds a Bachelors degree in Business Administration from the University of North Carolina - Chapel Hill, where he concentrated in accounting.He is a Certified Public Accountant and a member of the American Institute of Certified Public Accountants.


Zack Bumpus, president of ...

www.jobsinthemoney.com [cached]

Zack Bumpus, president of Pinpoint Operations and Strategies, LLC, of Herndon, Va., says he increasingly sees CPAs "ending up in something other than internal audit" at his bank clients, which include Bank of America and the Federal Home Loan banking system.Bumpus, who consults with banks on a variety of product and compliance issues, believes the trend of CPAs moving into product and line positions is driven by a growing recognition that companies - whatever their industry - face "a lot of risk besides market and credit risk."

In other words, it's important to have people who know what they're doing on the front lines of operations.Bumpus sees the movement of CPAs as being part of a migration that began with compliance and is now spreading into what he calls "production," the actual underwriting of loans, for example, and the management of other financial products.


CPAs Back in the Black | jobsinthemoney.com

www.jobsinthemoney.com [cached]

Zack Bumpus, president of Pinpoint Operations and Strategies, LLC, of Herndon, Va., says he increasingly sees CPAs "ending up in something other than internal audit" at his bank clients, which include Bank of America and the Federal Home Loan banking system.Bumpus, who consults with banks on a variety of product and compliance issues, believes the trend of CPAs moving into product and line positions is driven by a growing recognition that companies - whatever their industry - face "a lot of risk besides market and credit risk."

In other words, it's important to have people who know what they're doing on the front lines of operations.Bumpus sees the movement of CPAs as being part of a migration that began with compliance and is now spreading into what he calls "production," the actual underwriting of loans, for example, and the management of other financial products.


CPAs Back in the Black | jobsinthemoney.com

222.efinancialjobs.com [cached]

Zack Bumpus, president of Pinpoint Operations and Strategies, LLC, of Herndon, Va., says he increasingly sees CPAs "ending up in something other than internal audit" at his bank clients, which include Bank of America and the Federal Home Loan banking system.Bumpus, who consults with banks on a variety of product and compliance issues, believes the trend of CPAs moving into product and line positions is driven by a growing recognition that companies - whatever their industry - face "a lot of risk besides market and credit risk."

In other words, it's important to have people who know what they're doing on the front lines of operations.Bumpus sees the movement of CPAs as being part of a migration that began with compliance and is now spreading into what he calls "production," the actual underwriting of loans, for example, and the management of other financial products.

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