GASPARE GALANTE, JR.
Parlin, NJ 08859-1110
Home: 732-***-**** Cell: 732-***-****
Email Address: ********@***.***
SUMMARY
Extensive experience in systems and risk control in security and loan documentation processing.
Developed and enhanced systems and procedures that reduced cost while improving service
delivery and operating efficiency.
PROFESSIONAL EXPERIENCE
JPMorgan Chase Bank N.A. – Associate May 2005 – October 2009
Investment Bank – Credit Risk Support
Project Manager supporting Agent Lending Disclosure SEC Financing for Investment Banking
NA, Europe, and Asia. Review and ensure data information received from 25 Agent Lenders
prior approval from Credit Managers. Perform internal control audits to ensure database is
accurate and recommend system enhancements to increase productivity.
Supported GCRMO strategic operational initiative to migrate the Legal Loan Documentation
process to Bangalore, India. Developed procedures and training material for 7 staff members in
Bangalore to perform the functions to research and resolve documentation exceptions. In
addition, supported the direct delivery function of legal documentation and security to Houston.
Provided workflow material to the Portfolio Management Associates to assist them in preparing
transmittal documentations to Houston. This resulted in a reduction of 3 FTE.
Worked closely with Portfolio Management Associates and outside legal counsel in resolving
documentation exceptions and past due covenant compliance. Bringing resolutions to complex
issues prior to escalation to senior management.
Banca Nazionale del Lavoro – Loan Documentation Analyst Dec. 2001 – April 2005
Credit & Legal Department
Responsible in performing documentation due diligence review on syndicate and direct
commercial loans to ensure all terms and conditions comply with bank policies and procedures.
FleetBoston Financial (Formerly Summit Bank) - Manager July 1998 – Aug. 2001
Managed the Cranford Credit File Operations, which includes the processing of TRW’s, Dun &
Bradstreet credit reports requests and maintaining approximately 23,000 credit files for the Lines
of Business.
• Implemented and converted all credit files to Bar Code Tracking System (MasterTrak)
Managed staff of 3 in supporting the Customer Relationship Information System Program
(CRISP) and Sales Force Automation (ASCEND) applications which provided customer and
relationship profitability information along with historical information to the Relationship
Managers.
Project Team member responsible for reviewing Commercial Loan documentation and collateral
files to ensure proper execution and compliance.
Cross Staffing a Division of Snelling - Project Manager Sept. 1997 – June 1998
Provided operational support to Peterson Worldwide Consulting in performing internal
compliance reviews and reconciliation audits of Prudential’s Group Credit Life and Disability
Insurance business.
The Chase Manhattan Bank - Second Vice President Jan. 1974 – April 1997
Information Technology & Operations
Established and managed the Documentary Control Unit with a supporting staff of 7 in a
production environment. Ensured accuracy and proper execution of all Commercial Loan &
Collateral documentation prior to disbursement of funds.
Reviewed all approved Credit Facilities Reports along with the supporting documentation to
•
ensure compliance to bank policy.
Responsible for reviewing, tracking, and safekeeping all Loan Agreements, Security
•
Agreements, and UCC Filings associated with Commercial Loan processing.
Developed document tracking and exception reporting system.
•
Monitored regulatory compliance and credit policy issues.
•
Responsible for the control and pricing of loan collateral and reporting of under margined
•
positions.
Provided joint effort assistance to the Legal Department in implementing the Loan
•
Documentation Training Guide.
Managed the Consumer Collateral Portfolio for Chase Auto Finance Division. Responsible for
all activities associated with processing physical securities and documentation review including:
safekeeping, record keeping, collection, clearance and compliance.
Centralized and managed the Middle Market Regional Banking Commercial Loan Operations
Center with a supporting staff of 25 junior and senior level supporting staff.
ADDITIONAL SELECTED ACCOMPLISHMENTS
Managed the Auditors Confirmation process for confirming balance information to outside
Certified Public Accountants resulting in:
• Automated the response function resulting in 100% improvement in service delivery from 5
business days to same day service.
• Reduced overtime expense by 100% and discontinued the use of temporary employment
service by 100%.
EDUCATION
Attended Baltimore Junior College, Baltimore, Maryland - Business Administration.
COMPUTER SKILLS
Microsoft Office Suite, PowerPoint,Visio and SunGard