Project Manager Management
Resume:
Karen Nelson
Email: abqpjm@r.postjobfree.com
Address: 16505A Se 1ST St Pmb 310
City: Vancouver
State: WA
Zip: 98683
Country: USA
Phone: 360-***-****
Skill Level: Director
Salary Range: $115,000
Willing to Relocate
Primary Skills/Experience:
See Resume
Educational Background:
See Resume
Job History / Details:
KAREN M. NELSON
5504 NE 276th Avenue
Camas, WA 98607
Home 360-***-**** Cell: 360-***-****
E-mail: abqpjm@r.postjobfree.com
CAREER SUMMARY
My professional experience has continually demonstrated my ability to utilize many skills, including:
2.5 years Loss Share Project Management Experience on five different assignments
Bank Liaison with FDIC on four Loss Share assignments
Experience with preparation and implementation of Loss Share Policies Procedures
Over 25 years of experience in originating, documenting working out SFR Mortgages
Established ability to quickly learn and utilize new programs, processes skills
Effective management skills in a fast-paced complex regulatory/lending environment
Ability to work with minimal supervision
Strong oral written communication skills proven time management skills
PROFESSIONAL EXPERIENCE
Loss Share Senior Consultant/Certificate Support July 2012 - Present
Dittrich Associates, LLC-Harbor Community Bank Palatka, FL
Manage, resolve and ultimately collect problem Commercial loans in accordance with the Loss Share Agreement and the Federal Deposit Insurance Corporation (FDIC)
Manage an assigned portfolio of problem loans included in the Loss Share Agreement schedules
Work directly with legal counsel (internal and external) to monitor the legal progress and developments to ensure actions are taken within appropriate timelines
Develop and prepare various Loss Share Group management reports to assist with monitoring progress on a total volume reduction and individual loan resolution basis
Prepare supporting spreadsheets to capture monetary transactions for quarterly FDIC certificate submissions
Train Bank Personnel in the preparation of the quarterly FDIC certificate
Train Bank Personnel in Loss Share policies and procedures and the development of Workout Action Plans
Loss Share Project Manager September 2011-April 2012
Dittrich Associates, LLC-Georgia Commerce Bank Cumming, GA
Responsible for the implementation of the Loss Share/Special Assets Program at Georgia Commerce Bank to resolve and ultimately collect problem Commercial and Single Family Residential loans in accordance with the Loss Share Agreement and the Federal Deposit Insurance Corporation (FDIC)
Establish Loss Share Policies and Procedures and implement these in the working environment of GCB
Analyze Loss Share Covered Assets and assist in developing Action Plans to resolve the delinquency or liquidate the loan in accordance with the FDIC Loss Share Purchase Agreement
Work directly with legal counsel (internal and external) to monitor the legal progress and developments to ensure actions are taken within appropriate timelines
Develop and prepare various Loss Share Group management reports to assist with monitoring progress on a total volume reduction and individual loan resolution basis
Work directly with accounting personnel to implement policies procedures for accurate and timely reporting of the loss share quarterly certificates
Train Bank Personnel in Loss Share procedures and the development of Workout Action Plans
Loss Share Senior Consultant May 2010-September 2011
Dittrich Associates, LLC Alabama, Missouri Georgia
Manage, resolve and ultimately collect problem Commercial and Single Family Residential loans in accordance with the Loss Share Agreement and the Federal Deposit Insurance Corporation (FDIC)
Manage an assigned portfolio of problem loans included in the Loss Share Agreement schedules
Analyze the assigned loans and develop Workout Action Plans to resolve the delinquency or liquidate the loan in accordance with the FDIC Residential Loan Modification Program
Work directly with legal counsel (internal and external) to monitor the legal progress and developments to ensure actions are taken within appropriate timelines
Develop and prepare various Loss Share Group management reports to assist with monitoring progress on a total volume reduction and individual loan resolution basis
Develop budgets for holding costs for specific assets and prepare Net Present Value (NPV) analysis to determine appropriate disposition method and timeframes
Train Bank Personnel in Loss Share procedures and the development of Workout Action Plans
Receivership Assistance Contractor Assistant January 2009 March 2010
C.D. Mitchell Company - FDIC under Quantum Q A Joint Ventures Vancouver, WA
Assisting RAC contractors with analysis of loan portfolio, loan modifications and loan compromises in the process of winding down the affairs of the Bank of Clark County.
Conducted customer interviews, financial analysis of borrowers, authored more than 150 Cases in FACTS (write-ups for loan modifications and compromises), and prepared Statement of Work (SOWs) for appraisals, inspections and construction draws.
Member of UCAT Team/Supported two RAC contractors in managing assigned portfolios
Assist Loan Servicing Department with preparation of loan files and computer files for Asset Sales
Answering questions/problem-solving issues to assist in the QA Process for Asset Sales
Senior Vice President/Residential Const. Development June 2007 January 2009
Bank of Clark County Vancouver, WA
Responsible for originating and managing a Residential Construction Development portfolio and generation of new deposit relationships
Originated $40MM in lending commitments and $347M in fee income in a historically slow marketplace
Brought 30+ new deposit relationship to the bank with $3.4MM in deposit balances
Maintained high credit quality with minimal delinquencies
Assigned Special Projects by management
Senior Vice President/CRA Officer/Lending Officer August 1987 - June 2007
Riverview Community Bank Camas Vancouver, WA
Responsible for all mortgage lending functions for the bank (origination, underwriting, secondary marketing, appraisal review compliance) in 18 branches coordination with mortgage brokerage operation, commercial lending loan servicing operations.
Responsible for compliance with CRA Fair Lending administration of bank policies and procedures
Responsible for the approval of commercial and residential appraisers for the bank and the annual review/maintenance of approved appraiser roster for Riverview
Personally responsible for maintaining mortgage/construction portfolio of $75MM and annual loan production of $70MM
EDUCATION
National School of Banking(NSB) Fairfield, CT
Graduate, June 1996
Washington State University (WSU) Pullman, WA
Bachelor of Arts in Family Studies, June 1979 Graduated Summa cum Laude, 3.93 GPA
Minor: Social Work
REFERENCES
W. Leroy Land Terry Wollam, Sr. Tom Mabon
Project Manager Developer Portfolio Manager
Dittrich Associates 360-***-**** Georgia Commerce Bank
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