Real Estate Management

Howard L. Ellis Jr. * Fisherman Lane Bluffton, SC 29910 843-***-**** 843-***-**** MBL

US Citizen SSN: Provided upon request

Work History

June 2011 – Present, VICE PRESIDENT OF THE SPECIAL ASSETS DIVISION, HeritageBank of the South (HBOS), Springfield, Georgia

Lead and manage the special assets team to conduct workouts on troubled and classified assets in a manner most beneficial to the Bank. Workouts mostly pertaining to residential and primary residence properties; I conducted Troubled Debt Restructuring (“TDR’s”) on all commercial related assets including executing forbearance agreements. I orchestrated in concert with the FDIC Loss Share liaison and the Banks CPA to ensure compliance when pertaining to the loans on the FDIC 4.15 schedule when filing the quarterly certificates and loss claims. I am a member of the Officers Loan Committee and co-chair the Special Assets Division Committee. We maximize the Bank’s return through the Loss Share agreements and maximize earnings with methodologies used to reduce the Bank exposure to additional classified assets by establishing policies and procedures which mold after the FDIC and OCC regulatory guidelines.

August 2009 – June 2011, INVESTIGATION MANAGER, RECOVERY ASSET CONTRACTOR (RAC), Federal Deposit Insurance Corporation (FDIC), Thompson, Cobb, Bazilio & Associates, P.C., Washington, D.C.

Contractor for the FDIC leading investigation cases in the Division of Resolutions and Receiverships dealing primarily with bank closings. Work in concert with the Investigator in Charge and Legal Counsel to formulate claims for recovery. Written investigation findings through clear, concise and detailed reports including conclusions and recommendations for improvements in controls. Interface with the Office of Inspector General (OIG) and Federal Bureau of Investigation (FBI). Examine Call Reports, FASB 114 methodology, review FDIC Examination Reports, ALCO, third party contracts, and conduct loan reviews. Conduct interviews and assist Legal Counsel when advanced discovery is paramount. Evaluate credit administration policy and underwriting procedures to determine lending deficiencies and possible negligence. I write a series of reports documenting the allegations of negligence therefore providing legal counsel with a preeminent avenue to purse insurance bonds for recovery.

December 2007 – March 2009, SENIOR VICE PRESIDENT OF COMMERCIAL LENDING, Pinnacle Mortgage, Bluffton, South Carolina

Lead and managed the commercial loan development department, verified underwriting/analysis process, analyzing financial statements focusing on the Debt to Income (DTI) and the Debt Servicing Ratio (DSR) were within policy guidelines. Verification with supporting documentation that the Global Cash Flow Analysis was performed with accuracy to ensure proper due diligence and credit administration policies were in compliance and assigning pricing and risk ratings to approved loans. The main concentrations were Commercial Real Estate Loans, Acquisition and Development Loans and Small Business Loans. I implemented Risk Management Practices, comprised executive summaries, letters of intent and commitment letters. Maintained a sizable portfolio and expanded the pipeline of new business through networking and various marketing strategies.

September 2005 – December 2007, SENIOR VICE PRESIDENT, Palmetto State Bank, Bluffton, South Carolina

I directed the Bank’s Commercial Lending Division with various functions supervising multiple lenders, credit administration, underwriting, risk management policies and a myriad of banking issues. Concentrations in Commercial Real Estate dealing with retail, multifamily residential, PUD’s and commercial mixed use security in the portfolio. The Senior Member on the Loan Committee with priority on financial due diligence, Global Cash Flow Analysis, Asset Valuation, Loan to Values in accordance with FDIC Rules and Regulations Part 365 and validity of appraisals conducted. A member of the Assets and Liabilities Committee (ALCO) assuring a high Net Interest Margin (NIM) was maintained by keeping Core Funding Sources strong. Implemented Risk Management measures and lending policy for commercial loan underwriting, credit analysis and compliance guideline calculating the Allowance for Lease and Loan Loss (ALLL) in accordance with the Financial Accounting Standards Board (FASB) number 5 and 114 methodology. I conducted loan workouts, restructuring, modifications and foreclosures. Performed and reviewed internal and independent loan reviews for compliance issues and underwriting protocol. I worked with the Bank’s marketing department as well as consultants that were used.

May 2003 – September 2005, SENIOR LOAN OFFICER, Regions Bank, Hilton Head Island, South Carolina

I originated residential and commercial real estate loans. As the Senior Loan Officer I performed complete underwriting due diligence by calculating the Debt to Income (DTI), Debt Servicing Ratio (DSC) and Global Cash Flow Analysis including contingent liabilities on all borrowers and/or guarantors. We verified all income and assets by obtaining the appropriate documentation in accordance with credit administration policies. I conducted appraisal reviews for collateral value determination and compliance with the Uniform Appraisal Standards Board and compliance with all FDIC Rules and Regulations Part 365. Member of the Assets and Liabilities Committee (ALCO) overseeing the Interest Rate Risk (IRR) calculations were in line with our peers, and monitoring concentrations of credit as compared to our peers. Processed and approved loans with Fannie Mae, Freddie Mac, and Ginny Mae. Extended bank products such as Home Equity Lines of Credit, Residential Construction Programs, Acquisition & Development Construction (ADC) loans, opening new DDA, CD’S and Money Market accounts.

April 2001 – April 2003, Senior Loan Officer, AmVest Capital, Bluffton, South Carolina

The main concentration was originating commercial and residential real estate loans. I underwrote the loans conducting financial due diligence calculating the DTI and DSC ratios, Asset Valuation, and a Global Cash Flow Analysis. This was conducted in compliance with credit administration policies and adhering to applicable FDIC Rules and Regulations Part 365 Guidelines. I conducted appraisal reviews on all residential and MAI appraisals. I managed the oversight for the compliance of required RESPA documentation on residential mortgage loans.

July 1998 – April 2001, Assistance Branch Manager, Wells Fargo Financial, Savannah, Georgia

Executed all Management responsibilities including the following; Asset and Liability Management, Risk Management Processes such as monitoring of adversely classified loans, oversee credit administration policies, ensure branch compliance and construct monthly reports on concentrations. I collected on adversely classified loans, monitored delinquency on five points of interest and audited the branch charged off accounts.

Education

University of South Carolina, Beaufort South Carolina

Bachelor of Science degree in Business Management

MBA in Business from Winthrop University, Rock Hill South Carolina

FDIC University

Loan Review Specialist Certificate

Investigations Management Certificate

Risk Management Certificate

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