SUMMARY:

• Accomplished professional experienced in the Financial Services Industry specializing in credit administration and asset recovery, pertinent to Corporate Banking, commercial lending operations, possessing sound judgment and the proven ability to lead and manage.
• Proven ability to successfully identify, interpret and negotiate realistic achievable workout and turn around agreements
• Established skills to maximize loan recovery and minimize loan loss
• Dedicated and focused
• Clear ability to organize and motivate
• Sound capacity to lead and manage
• Excellent oral and written communication skills
• Extensive experience with debtor bankruptcy ( Corporate, Personal, Chapters 11, 7 and 13), working with debtor professional attorneys, consultants, accountants and U.S. Trustees as well as serving on creditor committees; both secured and unsecured.
• Managed loan workouts of commercial and residential real estate
• Years of practical work experience resulting in significant contributions to employer earnings

PROFESSIONAL EXPERIENCE:

Vice President, Regional Credit Officer III

Confidential, Harrisburg, PA

• Primarily responsible for assisting in directing the overall coordination of the organization’s Commercial Credit Lending Program for the bank’s York, PA loan production office. Working with and directing a staff of seven lending officers, three loan administrators and two loan settlement officers.
• My lending authority is $2.5 million secured and $1.0 million unsecured.
• Participated as a rotating member of the banks senior loan committee to consider all loan requests in excess of $10 million.
• Assist in the coordination of the commercial credit program and ensure it is consistent with organization policy and commercial credit laws.
• Reviews past due and overdraft loan reports to manage delinquencies to a minimum level.
• Reviews financial information from borrowers to review risk ratings and recommend updates as appropriate.
• Assist Chief Credit Officer in review of quarterly watch list credits to meet loan quality standards and submission deadlines.
• Work with credit analysts to ensure consistent delivery of quality loan underwriting.
• Interface with senior management, legal counsel and borrowers to determine and execute best course of action plans.
• Establish and maintain a positive working environment for all employees.

Vice President

Confidential, Baltimore, MD

• Responsible for effectively and efficiently managing a portfolio of non - performing criticized and classified assets
• Determine, analyze and recommend timely solutions for successful resolution of exit strategies and/or risk exposure to the bank
• Manage expenses and recoupment of same increase fee income/loan pricing commensurate with credit risk
• Responsible for portfolio of managed assets as of January 1, 2012 consisting of $115 million representing 20 managed accounts in addition to 7 watch list consults
• As of December 31, 2012 achieved substantial reductions $44.8 million in outstandings to $70.2 million; 14 managed and 2 consults.

Vice President, Regional Manager

Confidential, Baltimore, MD

• Special Assets Department M&T Bank successor in interest to the First National Bank of Maryland/All First Bank
• Responsible for all aspects of Problem Commercial Loan Portfolio in order to protect the bank against losses and ensuring efficient and effective performance
• Administered complex loan issues, including the decision to liquidate versus providing ongoing financing
• Proficient understanding of loan documentation, the Uniform Commercial code and the Bankruptcy Code
• Maintained loan portfolio comprised of larger dollar higher risk relationships ranging in size from $1 million to $30 million, simultaneously servicing an average of 20 cases
• Possessed individual loan restructuring authority for $1.5 million and checking O/D authority for $100 thousand.
• Successfully implemented action plans to reduce non-performing and criticized assets achieving recovery of loan principal, interest, expenses and when appropriate collection of forbearance fees and increased interest rates compensator for increased risk.
• Successfully collected in excess of $16 million, non-performing assets achieved gain on the sale of a leased asset of $601 thousand and payment of a 30% Trac (lease) residual for $2.6 million. Legal fees and other expenses recoveries of $125 thousand.

Vice President & Manager

Confidential, Maryland

• Recruited and accepted entry-level position as Vice President/Manager of Commercial Loan Recovery Department.
• Directly responsible for loan portfolio of 385 accounts aggregate balances of $28 million
• Indirectly responsible for watch list accounts, potential (non-performers) approximately 35 accounts aggregate balances $60 million
• Managerial responsibilities for two A.V.P. Workout Specialists and an Administrative Secretary.
• Assumed overall responsibility for and maintained an active collection effort on identified problem, defaulted and charged-off commercial loans in amounts up to legal and lending limit of the bank, involving a consistent effort to fully recover principal, interest, and costs of collection while minimizing loan loss.
• Established and ensured adherence to work out department guidelines, commercial loan policies and procedures regarding loan work out arrangements and the charge-off recovery programs.
• Assumed primary responsibility analyzing and servicing the more difficult and complex loan situations, determined and implemented the most effective method for maximizing financial recovery.
• Advised commercial loan charge-off and recovery program.
• Supervised and trained subordinates.
• Prepared and recommended work out department annual expense budget, and assured adherence.

Assistant Vice President, Assets Recovery Department

Confidential, Baltimore, MD

• Administration of specifically assigned portfolio of problem loans and minimization of potential loan losses. Entailed service of 30 loans with an aggregate unpaid balance of $20 million.
• Performed analysis of loan situations.
• Determined methods toward optimal financial recovery.
• Provided technical assistance of lending personnel in the evaluation and resolution or potential problem situations and the administration of legal activities of counsel on assigned problems loans.
• Responsible for the negotiation of resolutions to problem situations with the clients and their professional representatives.
• Required maintenance of current written histories for all accounts, the submission of internal reports and all phases of loan administration.

Vice President

Confidential, Baltimore, MD

• Specialization in the supervision and collections of problem loans with a range in balances from $50 thousand to $1.5 million.
• Directed complete authority toward remedial action and the prevention of loan loss; included the liquidation of accounts receivable, inventory, equipment, real estate and machinery.
• Supervisory authority over 30 company personnel.
• Responsible for monthly reporting on problem loans and submission of recommendations for loss reserves and charge-offs as appropriate.
• Management of Industrial and Leasing Divisions
• Assistant to house counsel with specialization in supervision and collection of problem loans.
• Collection Manager of the Industrial and Leasing Division
• Responsible for collection of a loan portfolio in the amount of $10 million
• Supervision of 5 company personnel
• Industrial Time Sales and Leasing Divisions
• Responsible for the collection and service of a loan portfolio of 30 accounts with $2 million aggregate balance.