Post Job Free

Resume

Sign in

Sales Manager

Location:
Southampton, PA
Posted:
September 17, 2014

Contact this candidate

Resume:

Michael Melamed

*** ****** ***** **

Langhorne, PA 19053

215-***-****

acfz22@r.postjobfree.com

Education

Drexel University, Philadelphia, PA

Bachelor of Science in Business Administration, Graduated -

June, 2007

Finance Concentration

Job Experience

Berkadia Commercial Mortgage, Horsham, PA

Client Relations Manager (CMBS & Portfolio Loans), July 2013 -

September 2014

. Servicing a portfolio, primarily for Citibank, of Balance

Sheet and CMBS (Fannie Mae/Freddie Mac) Loans:

. Monthly billing for Weekly Variable Rate CMBS Loans

including monitoring of Principal Reserve Deposits/Redemptions,

along with Taxes, Insurance, Replacement Reserve and other

Escrows, and Calculating Fees such as Remarketing, Credit

Enhancement, Issuer, Trustee, etc.

. Becoming familiar with various aspects of the Loan Docs,

such as Replacement Reserve stipulations, Financial Reporting

requirements, Payoff conditions, and a multitude of other

specifications, in fulfilling the role of primary contact both

internally and for the Borrowers, Lenders, Investors, and

Trustees.

. Attaining approvals and facilitating Rate Cap Purchases,

Letter-of-Credit Bond Redemptions, Payoffs, Replacement Reserve

Disbursements, SWAP Payments, and other Escrow related

transactions.

. Increased the efficiency of Posting Payments by improving the

procedure for searching the Incoming Funds reports and upgraded

the process of Imaging Compliance Documentation by expanding the

use of available technology.

Rosedale Management Company, New York, NY

Controller/Office Manager/Benefits Administrator, May 2011 -

June 2013

. Controlling the financial activities of the entire Real

Estate portfolio consisting of approximately 30 properties,

each managed as its own company

. Responsibilities included the day-to-day supervision of

transactions, bank accounts, and banking relationships, monthly

reporting to ownership groups, administration of the employee

benefits package including the Pension, Profit Sharing, and

Medical Insurance plans, managing the accounts payable and

receivable staff, and overseeing the annual audit of the books

and benefits package

. Implemented a variety of procedural improvements which

increased efficiency and significantly reduced operating

expenses

Washington Mutual Corporation, Plymouth Meeting, PA

Loan Consultant/Financial Analyst, July 2008 - January 2009

. Assisting Senior Loan Consultant with analyzing deals he

sourced, i.e. financials, property, and borrower

. Working with customers to collect all necessary information

to expedite the due diligence and funding processes

. Researched and analyzed CMBS portfolios to compile a database

of properties, whose loans were approaching maturity and

conformed to bank guidelines, as a tool to source new business

Washington Mutual Corporation, Plymouth Meeting, PA

Commercial Sales Rotation Associate, July 2007 - June 2008

. Exposure to all critical aspects of the Commercial Term

Lending process by means of a 12 month rotational program

. Rotation assignments consisted of Underwriting, Commercial

Appraisal, Processing, Closing, Servicing, and Sales.

. Tasks within these rotations included evaluating a commercial

property's/market's value and analyzing a property's, entity's,

and sponsor's financials

NWJ Companies, Philadelphia, PA

Acquisitions Specialist, September 2005 - May 2007

. Analyzing the investment opportunities in various markets and

multi-family properties based upon designated criteria through

the use of Microsoft Excel spreadsheets

. Evaluating properties via sales and rental comparables

attained through communication with brokers and property owners

along with internet tools such as Realquest.com

. Travel to markets and specific properties to perform detailed

due diligence

. Locating and contacting owners to facilitate discussions of

potential acquisitions

Quaker State Mortgage Corporation, Bala Cynwyd, PA

Commercial Loans Analyst, September 2004 - April 2005

. Initial underwriting of all loan requests by deciding if

loans matched designated company standards

. Followed-up with borrowers and lenders

. Marketing to attract new business

Honors/Skills

. Microsoft Office User Specialist in Microsoft Excel

. Fluent in Russian



Contact this candidate