CHRISTER D. LUCANDER

Telephone 313-***-**** ● Email: acrhev@r.postjobfree.com ● www.linkedin.com/in/christerlucander/

LENDING / CREDIT EXECUTIVE

An astute, trusted, entrepreneurial oriented executive with diverse leadership experience in community and large global banks, consulting, and automotive manufacturing. Known for a roll up the sleeves approach, developing strategic and opportunistic lending initiatives, growing a loan portfolio with exceptional credit standards, implementing work flow process improvements, and creatively solving problems. Excellent negotiator with a successful track record of managing workouts, regulatory directives, and resolving internal and external challenges.

AREAS of EXPERTISE

Commercial & Industrial Lending Asset Based Lending Commercial Real Estate Lending Business Development Relationship Management Portfolio Management Process Improvements Policy Development Internal Audit / Loan Review Regulatory Compliance Credit Administration Workouts Restructures Contract Negotiations Risk Management Underwriting PROFESSIONAL EXPERIENCE

WHITSUN LLC ( FINANCIAL AND MANAGEMENT CONSULTANT ) 2014 PRESENT PRESIDENT

• Angel Investor Pitch: Prepared pitch deck, analyzed potential market, and coached client to present a new cosmetic business venture to an angel investor group. Presentation was well received by potential investors.

• Refinance: Assisted client with all necessary due diligence and bank introductions to refinance a multi-tenant aircraft storage facility.

COMMUNITY STATE BANK ( $180 MILLION COMMUNITY BANK ) 2013 2014 SENIOR VICE PRESIDENT & CHIEF LENDING OFFICER

Recruited as Chief Lending Officer and Chief Credit Officer with the goal of restoring portfolio growth, establishing a sound credit underwriting culture, improving lending and credit processes, and reducing non-performing loans. Led lending, credit administration, mortgage, and collections functions with significant directorate contributions.

• Contributed to and directed the restoration of the loan pipeline from negative to over $4M.

• Implemented a business development program engaging referral sources, other community banks for loan participations, and a branch manager calling effort requiring minimum monthly business development calls.

• Reduced residential mortgage approval cycle by 2 weeks via process improvement and without risk.

• Reduced real estate foreclosure legal expenses by $500 per file and reduced cycle time by 4 weeks.

• Enhanced the OREO process by standardizing accounting and disposition procedures.

• Streamlined the loan committee process saving 2 man hours/week/employee.

• Improved credit culture by conducting regular training on lending, credit, and documentation topics.

• Reduced non-performing assets by $1 million via renewals, restructures, charge-offs, and OREO sales.

DEXTER STAMPING COMPANY ( $25 MILLION AUTOMOTIVE STAMPING ) 2012 2013 CHIEF FINANCIAL OFFICER

Recruited during a large growth phase to provide financial oversight, document accounting processes, implement risk management, assist seasoned controller, and support owners with financial matters at sister companies.

• Restructured credit package reducing financing costs 10% and increasing covenant flexibility.

• Implemented a $1M leasing program for new CAPEX equipment requirements.

• Implemented a risk mitigation program for importing capital equipment eliminating $2 million loss potential

• Negotiated several contract re-price or claw-back pricing schemes to maintain gross margins.

• Analyzed and implemented a creative health care benefit package reducing premium expense by 25%

WHITSUN LLC ( FINANCIAL AND MANAGEMENT CONSULTANT ) 2011 2012 PRESIDENT

• Health Care: Assisted small regional hospital CEO with strategic and tactical financial matters consisting of daily cash management, vendor negotiations, corporate insurance, and health care insurance reimbursement.

• New product launch: production and market viability assessment of a sports training product. Led team of STEM specialists to develop and test an early stage prototype. Product was launched into market. CHRISTER D. LUCANDER PAGE 2

• M&A project: Conducted due diligence, financial analysis and modeling, solicited funding, and provided negotiation consultation for bankruptcy court distressed debt credit bid.

• Sales model validation: Analyzed client’s sales forecasting model substantiating ownership confidence levels resulting in 600% sales growth post analysis and company’s eventual sale for $45M+.

• Refinanced a $14M credit package for a $35M manufacturing entity reducing interest expense by 45% and improving loan covenant structure.

LOTUS BANK ( DE NOVO, START UP COMMUNITY BANK ) 2008 2011 EXECUTIVE VICE PRESIDENT & CHIEF LENDING OFFICER

Recruited to energize business development program, implement sound credit standards, and establish portfolio management metrics. Collaboratively worked with team members, directorate, and regulators to build and maintain a high quality loan portfolio with strong underwriting and documentation processes. Led lending, credit administration, loan operations, and contributed significantly at board of directors.

• Led and contributed to high quality loan portfolio growth exceeding $42M (450%)

• Launched new business programs: charge card, residential mortgage, loan participations, and a fee generating end investor program.

• Created ALLL methodology, loan portfolio management metrics for regulatory requirements, GAAP reporting.

• Directed excellent credit quality evidenced by nominal non-performing loans and charge offs.

FIRST SPIRIT BANK ( IN ORGANIZATION, DE NOVO COMMUNITY BANK ) 2006 2007 CHIEF LENDING & CREDIT OFFICER

Recruited by chairman to launch a new Detroit-based, small business focused community bank.

• Prepared new bank charter application, strategic business plan, and related documentation with CEO and CFO.

• Approved by FDIC and State of Michigan to serve as Chief Lending Officer.

• Generated greater than 20% of required minimum opening equity capital.

JPMORGAN CHASE BANK, N.A ( FORMERLY NBD BANK ) 1984 2006 FIRST VICE PRESIDENT - SENIOR BANKER (2004 2006)

Recruited internally, with team leader responsibility, to stabilize the portfolio, coach an inexperienced team of bankers and underwriters, and generate quality business banking relationships.

• Stabilized an improperly serviced middle market credit portfolio exceeding 50 relationships that was declining.

• Coached an inexperienced staff of bankers and underwriters and retained the top 30% of the client base.

• Chairman’s office commendation for implementing an identity theft mitigation program( ahead of its time). FIRST VICE PRESIDENT – MANAGED ASSETS DIVISION (1996 2003) Managed portfolio of 25+ problem credits with individual business credit exposure up to $125M. Led negotiations with stakeholders in workout/bankruptcy process. Identified operating/financial risks; implemented action plans to mitigate.

• Mitigated $5 million loss by legally stopping standby letter of credit draw, negotiating with important international customer, leveraging the EXIM bank relationship, reversing vendor ACH payments. Worked with US Attorney and Federal district court to successfully obtain a bank fraud conviction with a prison term.

• In final year, resolved $100million + exposure without charge-off positively impacting bank profits. VICE PRESIDENT ROLES:

• COMMERCIAL LENDING IN PRIVATE BANKING, MIDDLE MARKET, AND BUSINESS BANKING;

• CREDIT ADMINISTRATION – LOAN CREDIT REVIEW;

• LOAN OPERATIONS AND CORE LOAN SYSTEMS CONVERSION PROJECT MANAGEMENT

EDUCATION & PROFESSIONAL DEVELOPMENT

MASTER OF BUSINESS ADMINISTRATION (MBA) – FINANCE

The University of Michigan – Ross School of Business – Ann Arbor, MI BACHELOR OF SCIENCE – BIO-PSYCHOLOGY

Tufts University – Medford, MA

EXECUTIVE LEADERSHIP DEVELOPMENT PROGRAM – JPMorgan Chase (formerly known as Bank One)

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