GlassRatner Team - GA - Margaret Watkins - Senior Manager
Margaret Watkins has over 25 years of experience in finance and accounting in the banking, credit card and telecom industries. Her financial services experience is broad, spanning from tenure with a large regional bank that expanded nationally to consulting for small local community banks.
Margaret started her career with First Atlanta, which later merged with Wachovia. Her career there crossed two lines of business and a bank-wide staff function - Corporate Banking, Credit Card, and Cost Accounting. Her experience included customer relationship management, merger integration, performance measurement, product and customer profitability, credit risk analytics, and marketing campaign evaluations. She evaluated credit card portfolio purchases and partnership deals, and when Wachovia offered the then-$8 billion credit card portfolio for sale, Marge was called upon to perform the financial valuation. After leaving Wachovia Marge held finance roles with GE Money for prepaid telecom products and the Gap/Old Navy/Banana Republic private label portfolios, providing forecasting, planning, and client accounting support to those product and client teams. While at GE, known for its best practices in quality and process improvement, she obtained a Six Sigma Green belt. Departing to take on a broader finance role, Margaret joined First National Credit Card Center, where she was Controller for InfiBank, the credit card portfolio management company’s $1 Billion bank. She was responsible for all accounting, regulatory and board reporting, forecasting, capital adequacy planning, cash management, client and product accounting for the bank and its holding company.
In 2009, Margaret launched FinancialPareto, a consulting firm providing finance project assistance to community bank CFOs. She has assisted her clients with cash flow forecasting, liquidity stress test modeling, multi-year financial forecasts, vendor risk assessments, balance sheet capital adequacy projections, and Asset Liability (ALCO) model validations. Marge also acted as Interim Controller for a failed bank purchased under an FDIC loss share deal, where she assisted the new parent with loss share certificate reporting implementation and accounting function transition. Margaret graduated with honors from Duke University with a Bachelor of Science degree in Management Sciences / Accounting. She is a member of the Community Bankers Association of Georgia.
