Harry Mahlstedt

Harry Mahlstedt began their career in 1983 at Bank of America Merrill Lynch, where they held various leadership roles. Harry oversaw a team of over 4,000 people and had responsibility for an operating budget of approximately $450 million and a technology budget of around $200 million. Harry also managed an indirect budget of approximately $1 billion allocated to the Wealth Management Business.

From 1996 to 2009, Mahlstedt served as a Managing Director at Merrill Lynch, where they directed the development of banking products, service, and support delivery to Wealth Management and Online Clients. Harry developed operational and technology capabilities to acquire bank deposits and lending on the brokerage platform, resulting in significant assets and liabilities. Additionally, they developed and implemented a Fraud Management System, reducing fraud losses.

In 2009, Mahlstedt returned to Bank of America Merrill Lynch as a Managing Director. In this role, they were responsible for the design, development, and implementation of the Merrill Lynch Operating Model, which included service delivery, risk management, brokerage, banking, and trust operations. Harry transitioned the service from a regional resourced intensive offering to a virtual automated solutions structure, reducing operating expenses by over $175 million annually. Harry also improved client satisfaction scores and modernized turnaround standards.

In 2020, Mahlstedt joined iCreditWorks as a Fintech Executive and Chief Operations Officer. The information provided does not include specific details about their experience in this role.

Harry Mahlstedt attended the New York Institute of Technology, where they obtained a Bachelor's degree in Accounting and Business/Management. Additionally, they hold certifications in Series 7, 24, and 27 from FINRA (Financial Industry Regulatory Authority). However, the specific months and years of when they obtained these certifications are unavailable.