Department of Economics

Raymond Schachle

  • Graduated: 1992
  • Field: Finance

Raymond Schachle(opens in new window), who graduated with a BA in Economics in 1992, came to Chico from Ramstein, Germany, where he was a program manager with the US Air Force. After graduation Raymond took a position as a senior consultant for IRI(opens in new window) where he “provided marketing mix modeling and analytic consulting services to major consumer packaged goods companies.” During his time at IRI he took graduate classes in economics at San Francisco State. In 1996 Raymond finished his MA in Economics and he joined Bank of America as vice president and product manager for consumer deposits in an effort to help B of A to increase its profits. In 1999 he left B of A to join Wells Fargo where he served as vice-president for 6 years. Raymond was general manager for Yodlee(opens in new window), a consultant for Wells Fargo, and Director of Global Processing for Visa before accepting his current position as director of eCommerce solutions for First Data(opens in new window). Raymond specializes in online product management, ecommerce, process mapping and operations, payment gateways, and other computer-related banking operations.

In a recent email, Raymond stated that “studying economics developed the analytic skills that I use every day, allowing me to tell stories with data and map out possible outcomes.”