Manager Analyst

Leslie Albergo

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

Address: *** ******** ****.

City: Brightwaters

State: NY

Zip: 11718

Country: USA

Phone: 631-***-****

Skill Level: Director

Salary Range: $125,000

Primary Skills/Experience:

See Resume

Educational Background:

See Resume

Job History / Details:

LESLIE J. ALBERGO

480 Manatuck Blvd.

Brightwaters, NY 11718

631-***-**** *********@********.***

SUMMARY

Senior Analyst with expertise in operational compliance and due diligence within banks and mortgage companies. Extensive experience in mortgage banking and capital markets covering issues from credit underwriting to mortgage-backed securities (MBS) with emphasis on adherence to Servicing and Origination credit policies, procedures and forensic underwriting. Strengths include risk assessment of operations, project and criteria development and management, conducting on-site reviews of MBS issuers and servicers (banks and mortgage companies) and writing feedback reports for internal presentation and assessment. Industry expert credited with numerous published articles and speaking engagements.

PROFESSIONAL EXPERIENCE

Recovco Mortgage Management, Long Island, NY September 2010 - Present

Forensic Underwriter

Responsible for client recovery of losses resulting from counterparty contract breaches. Working within the norms of the repurchase community to maximize recoveries based on extensive experience, negotiation skills and in-depth knowledge of the mortgage industry. Manage repurchase transactions through forensic due diligence, underwriting and repurchase defense management examinations for clients.

Fannie Mae, Washington, DC May 2009 - May 2010

Senior Credit Risk Analyst - Servicing Policy and Procedures

Responsible for the development of servicing policies and procedures. Assisted in the coordination and implementation of the Home Affordable Modification Program (HAMP) as Program Administrator in conjunction with the US Treasury Department and FHFA.

Standard & Poor's, New York, NY 1995 - 2008

Senior Director - Analytical Manager-Operations Reviews

Managed the mortgage operations review group within the RMBS business sector of Structured Finance. Planned and conducted operational (on-site) reviews to assess the risk of an MBS issuer. Developed and established the criteria surrounding the ranking of originators and conduits based on origination policies, procedures and practices. Managed Operational Review staff and directed internal activities.

AVM Testing and Acceptability - Developed and managed the Automated Valuation Model (AVM) testing and acceptability parameters utilizing a test database of 100,000 property addresses. Acceptable error rates were layered over MSA results by each individual system. Authored several articles discussing test results and subsequent criteria. S&P representative and industry speaker on valuations and valuation models.

Director - Client Value Manager - Managed client/analyst relationship, negotiated fees

Director - Analytical Coordinator - Managed deal volume allocation, analyst skill needs, training

Associate Director / Associate / Rating Analyst - Bond rating analyst for RMBS

LESLIE ALBERGO 631-***-**** Page 2

Professional Development at Standard & Poor's

Loan File Due Diligence Proposal - Developed assessment factors for third party due diligence firms, recommended sample selection and size, wrote scope of due diligence review, developed impact of due diligence on credit enhancement and developed zero tolerance regulatory compliance rule for pools.

Policy and Procedures Manuals/Training - Assisted in the development of the RMBS procedures manual and formal training program for all analysts, developed originator review manual and training procedures, and developed Analytical Coordinator manual for role function.

S&P Leadership Initiative-Fraud Detection (2008) - Initiative for the development of originator's fraud detection policies and benchmarking originator operations; included developing fraud questionnaire, creating methodology and criteria, and building quantifiable results into rating criteria.

PRIOR EXPERIENCE

Countrywide Funding Corp., Pittsburgh, PA 1993-1995

Mortgage Credit Underwriter

Citicorp Investment Bank, New York, NY 1988-1992

Foreclosure Analyst, Portfolio Management

Staff Accountant, Financial Accounting

Investor Accounting, Loan Servicing

EDUCATION

MBA, Marketing/Management, St. Johns University, Jamaica, NY

BS, Bachelor of Science, Business Administration, State University of New York, Oswego

AS, Associate of Science, Business Administration, State University of New York, Farmingdale

Six Sigma Green Belt Certification - 2010

"Volunteer To Serve" Program (Fannie Mae)

July 2009 - Worked as a part of Fannie Mae's 'Volunteer To Serve' program. In association with 'Building Futures', helped to refurbish an apartment building that was being readied to accommodate disabled persons or persons with AIDS. The building location is at the Daffodil House apartment building located in the Columbia Heights district of DC.

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