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Click here or scroll down to respond to this candidateCandidate's Name
Street Address Adams StreetHollywood, FL Street Address
PHONE NUMBER AVAILABLEEMAIL AVAILABLESUMMARY OF QUALIFICATIONSHighly qualified and results-driven Commercial Banker with over thirty years of experience in the financial services industry including loan workouts on commercial and real estate portfolios, corporate lending, loan review and bank supervision. Managed the resolution of over $1.6 billion in problem assets during my career. Performed loan reviews on over $25 billion in assets during my career.EXPERIENCE HIGHLIGHTS7/20-Present McCarthy Consulting Expert WitnessUtilizing my depth of experience of 27 years in complicated and complex matters in Special Asset loans for primarily large money center banks.3/21 11/21 Citibank, N.A., Fort Lauderdale, FloridaSenior Vice President Loan ReviewAssessed effectiveness of credit risk management at Citi and the ability of Business andIndependent risk to identify, monitor, and mitigate current and emerging credit riskacross the organization. Participated in Wholesale Fundamental Credit ReviewEntities through quarterly Business Monitoring and quarterly reviews. Assessed thequality and adequacy of credit and exposure analysis as well as accuracy andappropriateness of risk ratings of the various investment and loan portfolios reviewed.Assessed effectiveness of the credit risk process and standards of assigned Review Entities to provide leading practices and identified opportunities forImprovements. Assigned Business and Risk staffing levels to determine the effectson assigned Review Entities. Prepared Credit Assessment Documents in accordancewith and at the quality standards in the FCR Manual and Review Guides. Evaluated theappropriateness of Corrective Action Plans resulting from Reviews of BusinessMonitoring and subsequent validation of the effectiveness of the same afterimplementation by the Business. Accountable for the quality and consistency of workproducts that include Credit Assessment Documents, Sample Rationale Documents, andFundamental Credit Review Reports created for assigned Review Entities. ProactivelyCommunicated to Credit Review Team Managers, Region Head and GRR SeniorManagement of any concerns or emerging risks that may impact assigned ReviewEntities.7/20-2/21 BCG Platinion, New York, New YorkSenior ConsultantConducted loan review for Fortune 500 Global bank which has an asset size of $135 billion in the United States. Conducted loan reviews of loans/leases between $30 million to over $1 billion consisting of project finance loans, railcar operating leases, construction loans, corporate loans, real estate loans, and leveraged loans. Banks retain us as consultants to enhance the credit standards of their organization. We assist the banks in determining an accurate reading of their risk profile, as well as to provide practical recommendations for its improvements. Conducted training and oversight for the business units within the bank on areas of concern to enhance improvements on areas that were deemed to need further improvement. The loan review process consists of evaluating the loan loss reserve accuracy of the internal banks risk rating methodology, the underwriting, proper timing of risk identification, financial analysis, and to comply with regulatory requirements.12/10 11/19 City National Bank of Florida, Miami, FloridaSenior Vice President Manager Loan Review Department, 10/12 11/19Setup and managed a Loan Review Department that was instrumental in helping the Bank achieve the best Asset Quality rating from the regulators from 2012 to the Present. The Banks regulators have not downgraded any loans within the Bank during the last six years. Loan Review also identified two loan relationships that resulted in $3.5 million in savings to the Bank. Evaluated all of the Banks processes and procedures by Line of Business and specialized lending. Developed process improvements to enhance the Risk characteristics of those areas. Developed a Score Card that was used for incentive purposes to evaluate all of the Risk Officers and Risk Directors on closing loans to the Banks approved terms and conditions, ensuring the tickler addendums were completed correctly, the legal documents correctly encapsulated and there were no collateral deficiencies noted. Enhanced the OCCs requirements for the OCC Horizontal Review on seven identifying metrics.Senior Vice President Senior Special Assets Workout Officer 12/10 10/12Setup and managed a loan sales process that achieved significant results for the company. We generated five sales that resulted in sales prices over appraised value and generated over a $1.5 million recovery to the bank. Reduced our overall non-performing assets from over 8% to just over 2% which puts us in the top 10% of our competitors for overall asset quality. Managed and restructured a $80 million loan portfolio that took the loans off non-accrual status. We were one of the contributors towards the banks return to profitability.6/09 12/10 FirstBank of Puerto Rico, Miami, FloridaSenior Vice President Manager Special Assets/Other Real Estate Loans/Credit Approval OfficerManager of FirstBanks commercial real estate, commercial Special Assets and Other Real Owned. Managed a $600 million commercial and commercial real estate portfolio with over 120 loan relationships. Collected over $300MM in non-accrual loans by implementing a sales process that recognized 100% on the dollar based on our net impairment amount. Managed $350 million individually on 35 loan relationships on loans that averaged over $10 million. Additional responsibilities included managing five people and conducted quarterly meetings with senior management from Puerto Rico. Implemented a web-based sales platform that expanded our marketing efforts significantly which allowed us to function with two full time loan workout officers.7/03 6/09 Colonial Bank N.A./Union Bank of Florida, Sunrise, FloridaSenior Vice President - Manager Special Assets/Credit Approval OfficerManager of Union Banks commercial real estate, commercial, and consumer loan workout departments and the construction loan department. Managed a $150 million commercial real estate portfolio with over 61 relationships. Collected over $300 million in loans over five years. Approved and restructured $600 million in commercial and commercial real estate loans in five years, and was able to help the bank achieve a strong asset quality rating from the OCC and other regulatory agencies. Additional responsibilities included managing the appraisal process, and reviewing environmental reports submitted for loan requests. Wrote updates to bank policy regarding special assets, real estate, commercial loans and consumer loans. Implemented credit risk systems, conducted credit risk seminars and evaluated risk in coordination with retail management.7/86-7/03 BANK OF AMERICA, N.A.Bank of America, N.A., Tampa, FloridaSenior Vice President - Senior Workout Officer Special Assets 12/95-7/03Responsible for a $80 million large corporate and real estate loan portfolio (loan relationships over $3 million) which consisted of 16 relationships. Increased collections from $60 million in 2001 to over $100 million in 2002. Achieved the lowest cost of collections in the department along with a significant improvement in the yield on the portfolio. Recognized as the top producer in 2001.Barnett Bank of Polk County, Lakeland, FloridaVice President - Corporate Lending (Relationship Manager) 4/94 - 12/95Managed a commercial loan portfolio totaling $32 million consisting of 62 credit/deposit relationships. Increased loan production by $12 million or 31% of the total loan portfolio for 1995 and $6 million for 1994. Achieved a return on equity of 40% for the commercial portfolio. Recognized as the top producer for the first quarter of 1995.Barnett Banks, Inc., Tampa, FloridaSenior Workout Officer - Special Assets 8/91 - 4/94Managed a $25 million commercial loan portfolio which consists of 45 relationships. Achieved the highest level of resolutions of classified assets and returns to accruals the last two years within the department for the State of Florida. Promoted to a senior account officer within six months.Bank of New England, Boston, MassachusettsAssistant Vice President - Controlled Loans . 8/90 - 8/91Primarily responsible for a $50 million real estate portfolio which consisted of 30 relationships. Reviewed non-performing loan files to determine documentation problems and to formulate action plans for timely resolutions. Prepared market studies and discounted cash flow analysis to determine corporate and property values. Analyzed historical and current financial conditions for presentation to Executed Loan Committee and FDIC Oversight Committee. Negotiated workout and analyzed the economic feasibility of leases, company pro-formas, purchasing contracts and project improvements. Negotiated the sale of notes and OREO assets to investors.CNB TEXAS National Bank, Austin, TexasAssistant Vice President-Special Assets/ Credit Examination Officer 7/86-8/90Managed commercial loan portfolio of $22 million which consisted of 30 relationships. Collected approximately $5 million in loans through intensive restructuring, refinancing or litigation. Responsible for departmental loan review analysis at the lead bank and the 12 affiliate banks within the Austin region. Participated in reviewing all major lending departments. Reviewed loan portfolio management, credit administration activities and policies to ascertain effectiveness of banks overall credit procedures.EDUCATION AND TRAININGNorthern Illinois University, DeKalb, IllinoisBS Degree, Finance, Accounting Minor, Finance National Honor SocietyFederal Reserve BankBoard of Governors, Federal Reserve System, Washington, D.C.Banking School I, II, and III Diploma Certified as Bank ExaminerBasic International Banking School, Washington. D.C.CertificateFederal Reserve Bank, Chicago, IllinoisManagement Workshop, Classes in Statistical Analysis Software (SAS), Lotus, Autotab and PLI. Learned programming and systems analysis for these systems.Credit Analysis School, Federal Reserve Bank, Dallas, TexasCertificateVarious seminars involving the topics of loan review, litigation, bankruptcy and lender liability issues.MILITARYUnited States Navy, Construction Battalion (Seabees),Honorable DischargePRESENT/PAST COMMUNITY INVOLVEMENTCamillus HouseBig Brothers Big SistersAmerican Cancer SocietyAmerican Heart AssociationYMCA - Tampa Board of DirectorNeighborhood Lending Partners Board of Director |
