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Click here or scroll down to respond to this candidateCandidate's Name
Street Address
C: PHONE NUMBER AVAILABLE E: EMAIL AVAILABLEProfileHighly accomplished senior management executive with 40+ years experience in finance and banking and a record of success reversing negative trends and creating new business. Creative and innovative professional with the ability to manage complex business projects while maintaining the highest ethical standards. Experienced in Commercial, Commercial Real Estate, Real Estate Construction, Aircraft and Consumer Lending. Wide-ranging skills in operations, staff development, asset management, and portfolio management. Demonstrated ability to establish effective relationships at the Board of Directors level. Conservative in lending and aggressive in developing new income streams. Experienced in the securitization of assets and structured transactions. Formally credit trained at major regional commercial bank ExperienceWALLIS BANK 2017-2023Executive Vice President and Chief Credit Officer - Member of the Board of Directors Responsible for managing the Credit Department, the Loan Closing Department, the Loan Servicing Department and the Loan Review Department of this $1.1 billion bank in Houston, Texas. This bank is a very active and profitable SBA lender. Reported to the President and served as the Chairman of the Directors Loan Committee and the Bank Loan Committee. As a member of the Senior Management Team I was involved in strategic planning and a member of the ALCO committee. Managed the efforts of three Senior Vice Presidents in charge of three departments that reported to me responsible for loan underwriting, loan closing and loan servicing. The staffing total was 40 plus in total. Managed the Senior Vice President overseeing loan review function of the bank. Managed the problem loan portfolio and developed exit strategies designed to minimize the loss to the bank. Responsible for preparing the quarterly ALLL Report for the Board of Directors and researching and implementing the requirements for the new CECL methodology. Maintained the quality of the loan portfolio with the bank receiving the highest rating by the regulators and credit metrics well below those of the Texas Peer Group. Worked with and interacted with the State and Federal Bank Examiners as appropriate. Also, retained and oversaw the efforts of our independent outside loan review contractor. GOLDEN BANK 2015-2017Executive Vice President and Chief Credit OfficerResponsible for managing the Credit Department, the Loan Operations Department and the Closing Department of this $725 million community bank located in Houston, Texas. Reported to the President and served on the Officers Loan Committee as a member of the Senior Management Team. In addition, I oversaw the loan production process of the Loan Production Offices in Dallas and California. Managed the efforts of the three Vice Presidents in charge of the three departments that reported to me and the eighteen staff members on their teams. Provided oversight of the appraisal and environmental ordering and review process. Managed the problem assets and work out strategies. Responsible for preparing the quarterly ALLLR Report and implementing a new methodology. Maintained the quality of the loan portfolio with credit metrics below those of the Texas .Peer Group CAMBRIDGE SAVINGS BANKSenior Vice President and Chief Credit Officer 2007-2014 Responsible for the implementation and monitoring of all policies relating to the extension of credit for this $2.6 Billion community bank. Prudently exercised $2 million in lending authority and signed off on all loan requests to be approved by the Internal Loan Committee and the Board of Directors. Reported directly to the President and the Board of Directors on credit matters and in the administration of the Banks $1.7 billion loan portfolio. Served on the Internal Loan Committee, the Asset and Liability Committee, the Risk Management Committee, and the Senior Management Team. Wrote and implemented new Allowances for Loan Loss Reserve methodology and Commercial Lending Policy Manual. Provided oversight of the external loan review contractor and primary contact for state and federal regulators who consistently gave CSB high marks for credit quality Worked with commercial lenders to structure loan transactions in accordance with policy. Responsible for hiring, training, and supervision of a team of 10 officers and 2 support staff. Maintained exceptional portfolio metrics for credit quality while growing the commercial loan portfolio from $500 million to $1.2 billion.SOUTHERN NEW HAMPSHIRE BANKVice President and Senior Credit Officer 2005-2007 Managed the credit and loan administration responsibilities for this $400 million community bank. Reported to the President of the Bank and reviewed all loan presentations made to the Executive Committee of the Board of Directors. Supervised a staff of 6 including the Credit Department Manager, and 4 credit analysts. Advised loan officers on how to best structure transactions to comply with credit policy. FIRST ESSEX BANKSenior Vice President and Senior Credit Officer 1998-2004 Oversaw the implementations of loan policies for this $1.8 billion community bank. Managed the credit, asset recovery, and loan review functions. Chaired the Senior Loan Committee which handled loan approvals from $500 thousand to $12 million. Reported to the President and Board of Directors on credit matters and the administration of the Banks $1 billion plus loan portfolio. Assisted loan officers in structuring loan transactions to meet Banks lending policy. Increased productivity of the Credit Department and quality of the loan memorandum. Wrote and implemented new Allowance for Loan Loss Reserve methodology Hired, trained, and supervised a staff of 5 officers and 3 support people. Managed the process of selling off $7-10 million in problem assets. Developed credit policies for established and new lines of business. Provided Administrative oversight of outsourced loan review and audit functions Signed off on all loans originated by the Aircraft Finance Division(Bank was sold to Sovereign / Santander Bank on February 6, 2004) SOMERSET BANKSenior Vice President and Chief Lending Officer 1995-1998 Recruited to reorganize operations and management practices for this $500million community bank. Reported to the Executive Committee of the Board of Directors on credit issues, and to the CEO on administrative matters. Supervised 20 officers and 25 support staff. Managed a $400 million loan portfolio.Restructured loan administration, origination and servicing, asset recovery, and OREO functions. Changed the credit culture from an equity lenders perspective requiring limited financial disclosure to that of a cash flow lender requiring full disclosure. Improved the quality of the loan portfolio by instituting a new comprehensive credit administration regiment Reduced classified loans from $28.1 million to $12.1 million, OREO from $26.8 million to $2.1 million and reduced past due loan ratio from 4.6% to 2.1%. Introduced PC based DCF model and new financial statement analysis software. Met or Exceeded business development goals established for loans and deposits. Championed improvements in the lending and credit functions that greatly contributed to the bankss CAMEL rating being upgraded and the FDIC Cease and Desist Order being lifted.(Bank sold to US Trust Corp.)FEDERAL DEPOSIT INSURANCE CORPORATIONCredit Specialist and Major Assets Division (Contract) 1992-1995 Managed the liquidation of a $50 million portfolio of loans inherited from several failed Massachusetts banks, containing 50+ loans constituting 30 major relationships with exposures in excess of $1 million each. Developed repayment strategies for each relationship, involving restructuring, collection and settlement strategies that resulted in over $24 million being collected over 24 months. (Office Closed)ANDOVER BANKVice President and Senior Loan Officer 1991-1992Managed a $100 million portfolio of commercial, commercial mortgage, and construction loans and instituted a state-of-the-art credit administration system at this $650 million savings bank. The portfolio consisted of 800+ loans representing nearly 400 relationships. Supervised a lending staff of six officers and four support people. Restructured the lending culture to improve performance. Wrote new corporate loan and appraisal policy, and instituted new write-up and comment formats. Organized a new Credit Administration Unit responsible for file maintenance and PC based customer support functions.BANK of BOSTONVice President and Team Executive 1990-1991In February, named Team Executive responsible for managing a $175MM portfolio of 450 commercial mortgages ranging in size from $100K to $40MM. the team consisted of 12 officers and 12 support personnel. The primary effort was to bring the loans into conformity with current credit standards. It was also my responsibility to standardize the loan origination and documentation process. From June through February 1991, developed the Bank of Boston Commercial Mortgage Conduit Program. Five year fixed rate commercial mortgages were to be originated in accordance with standard underwriting criteria, closed on standard documents, pooled together, insured by a third party and sold into the secondary market as AAA rated pass-through certificates. Legal technicalities ended program. COMMERCIAL MORTGAGE CORPORATION OF AMERICAPresident / Member of the Board of Directors / Founder 1986-1990 Formed corporation in 1984 to establish a national secondary market for commercial mortgages. Accountable for planning and development activities for a venture capital project (venture value projection of $50MM to$70MM in five years) Wrote business plan and designed start-up strategy. Developed legal structure and raised venture capital funding ($4.5MM). Established partnership with Bain and Company, First Boston Corporation and Merrill Lynch. Responsible for establishing a correspondent network of major regional banks. Traveled extensively selling concepts to bankers across the country.(Venture closed upon First Boston exiting the commercial mortgage trading business.) HUDSON NATIONAL BANKSenior Vice President / Commercial Loan Division Manager / Branch Administrator 1980-1986 Responsibilities included the operation and management of the Commercial, Consumer and Branch Divisions. Prepared annual budgets and business plans. Developed and managed a $70MM commercial and consumer loan portfolio to ensure maximum profitability. Established and implemented policies and procedures for branch operations to maximize customer service while achieving cost effectiveness. Directed the efforts of seven branches. Proposed and developed a commercial mortgage product to be sold into the secondary market(incorporated as Commercial Mortgage Corporation of America) VIRGINIA NATIONAL BANKAssistant Branch Manager / Loan Officer 1974-1979Credit trained through formal loan officer development program at the largest bank in the state of Virginia. EducationBabson College ~ MBAUniversity of Massachusetts, Amherst ~ BBA, Magna Cum Laude |
