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Manager Real Estate

Location:
3215
Posted:
November 18, 2010

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Resume:

MARTIN J. O'RIORDAN

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

WATERVILLE VALLEY, NEW HAMPSHIRE 03215

781-***-****

Email ********@**.******.***

. Team-oriented leader with strong core competencies including excellent

interpersonal skills along with strong analytical ability and

creativity.

. Problem solver with nearly 20 years experience negotiating the

restructuring or purchase of distressed credits.

. Extensive experience in managing the transactional,

litigation/foreclosure, collection and bankruptcy aspects of asset

resolution/liquidation.

. Managed the purchase, engineering, permitting, development and sale of

distressed real estate assets.

EXPERIENCE_________________________________________________________

ASSET MANAGER 2010-Present

Managed failed bank's loans with a face value of $270,000,000 including

loans as large as $50,000,000 at an FDIC Receivership. Loans included

partially funded construction loans and participations. Managed distressed

asset workout and litigation process. Within the first 120 days of the

Receivership negotiated settlements or releases of collateral at or above

appraised value with potential proceeds to the Receivership in excess of

$71,000,000.

CONSULTANT 2009- 2010

Worked with Banks responding to requirements of enforcement actions from

Federal Regulators including: criticized asset reduction plans; lending and

collection practices and policies; risk segmentation analysis; impairment

analysis; and reduction of concentrations of credit. Established the

overall management framework for resolution of problem loans.

CONSULTANT 2008- 2009

Asset Professional responsible for all loan participations at a closed bank

for a Receivership Assistance Contractor on behalf of the Federal Deposit

Insurance Corporation. Managed 35 loans participated with 17 banks. Most of

the loans and many of the participants were distressed. Sold and exchanged

participation interests with participants and managed the litigation of

defaulted lending relationships

Performed the contract repudiation function at a closed bank for a

Receivership Assistance Contractor on behalf of the Federal Deposit

Insurance Corporation.

CONSULTANT 2007- 2008

Ran loan reviews at financial institutions in Los Angeles, California, Las

Vegas, Nevada and Fort Pierce, Florida for Brintech, Inc., a bank

consultant. Reviewed up to 350 loans leading a team of up to four other

consultants. Ran the exit interviews with senior management of the

customer. Wrote the reports to senior management of the client containing

findings and recommendations. Performed a BSA Lookback at a financial

institution in New York State.

ATTORNEY, DEVELOPER AND INVESTOR 1994-Present

Represented builders, developers and property owners in financing,

restructuring and sales transactions up to $40 million in size;

Represented borrowers in workouts of problem loans with banks, the FDIC and

the RTC involving relationships up to $20 million in size;

Developed, with partners, various projects including a 68 lot subdivision

in Sudbury, Massachusetts; 330 rental units and a 127 room hotel in

Worcester, Massachusetts; 360 rental units and condominiums in Merrimack,

New Hampshire; and a 113 unit condominium (mill conversion) in Lowell,

Massachusetts.

FEDERAL HOME LOAN BANK OF BOSTON 1987-1994

Started as an attorney and ended as the Bank's Counsel.

Legal responsibilities included:

All issues related to the Bank's operations including wire transfers,

depository relationships, bank checks and compliance with requirements of

Bank Secrecy Act and Federal Reserve Rules and Regulations;

Regulatory issues, lending and collateral issues involving member banks;

and

All issues related to the Bank's finance functions including interest rate

swap and derivative agreements.

EDUCATION_________________________________________________________

Boston University School of Law, Master of Laws in Banking Law

1987

Boston University School of Law, Juris Doctorate

1985

Providence College, Bachelor of Arts 1982



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