Real Estate Manager

Thomas J. Emery

*** ****** ******, ***. ** • Ridgewood • New Jersey • 07450

Email: *********@*****.*** Cell: 551-***-****

PROFESSIONAL SUMMARY

Accomplished career with heavy emphasis in the real estate area including construction loans and commercial real estate credits. Highlights include starting and successfully building a new Korean American community bank, Liberty Bank of New York, which was headquartered in New York City. I held the position of chief lender and credit officer where our market area also included Northern NJ. While at HSBC/Marine Midland Bank, I functioned as head of the New Jersey – Loan Production Office for real estate and corporate lending. My entire career has been as a lender for all types of real estate loans, including corporate credits.

EXPERIENCE

Walden Savings Bank 2014 - present

Retained as a loan workout consultant for middle market corporate credits. To date reduced problem loans from $15 million to $3 million.

Wawel Bank 2010 - 2013

Initial consulting position was to focus on construction credits and commercial real estate credits that were problematic for the Bank. Made excellent progress in resolving impaired real estate credits. Later, the CEO requested that focus be brought on another internal problem area for compliance as an assignment. Previous industry experience in lending, credit administration and related areas, including a broad range of knowledge to provide banking assistance.

Financial Regulatory Consulting (FRC) 2008 – 2010

Previously, a senior consultant to the banking industry, specializing in compliance, risk management and asset recovery at various institutions with real estate credit and commercial loan issues. Reviewed real estate loan portfolios for various clients including large NYSE entities and community banks for asset quality and compliance with regard to regulatory standards.

Reviewed and advised client banks in areas of Bank Secrecy Act (BSA), AML and OFAC; with a solid understanding of current issues.

Performed asset recovery/loan workout assignments including construction loans and commercial real estate directly for bank clients including direct interface with the borrowers.

North Jersey Community Bank 2006 - 2008

(*acquired Citizens Community Bank (2009) in Ridgewood, NJ) Executive Vice President and Senior Credit Officer Recruited by Chairman and Board of Directors under a two year contract to strengthen the Lending area of this growing Bergen County bank.

LIBERTY BANK OF NEW YORK 1996 – 2006

Senior Vice President – Chief Lending/Credit Officer Organized, planned and executed the opening of a midtown commercial bank (NYC). Functioned as the Senior (Chief) Lending Officer and later became acting President/CEO. Coordinated successful and profitable merger with Wilshire State Bank in May 2006 at the request of the Board. BANK OF AMERICA 1994 - 1996

Vice President & Manager / Senior Private Banker

HSBC BANK 1986 - 1993

Vice President / Team Manager - Domestic Private Banking (1991-1993) Vice President / District Head- Marine Midland N.J. Corp. (1986-1991)

Improved credit policies, underwriting and overall compliance and BSA/AML standards.

Worked closely with all account officers on construction and commercial real estate credits.

Instituted early warning system for past due/potentially troubled assets at Bank.

Responsible for Compliance, Credit and Risk Management

Recovered most critically” unsecured” defaulted loan; made prior to arrival.

Supervised Bank’s Compliance Officer,BSA Officer and Branch Manager.

Bank Structured and closed all real estate and corporate loans for the

Negotiated terms and conditions for all real estate and corporate loans.

Met with commercial and real estate developers on a consistent basis.

Brought all credits to loan committee personally

Was one of the co-organizer of this bank.

Served as voting member of all credit committees.

Acted as an asset recovery officer for all credits in excess of 100,000.

Responsible for the largest credit/loan relationships in the business sector.

Commended for lead performance in attaining the highest individual fee income.

Initiated the “CEO Recognition Program” for cultivating new business relationships.

Requested by high net worth client to lead and organize a new commercial bank.

Restored division to growth mode; in charge of all credit and lending activities.

Initiated contact with all clients within 60 days, shifting division focus to client needs.

Managed largest NYC team during the “real estate crisis era” for asset quality/compliance.

Renegotiated 20 loans of $5 million by arranging secured loans to replace unsecured loans.

Increased yields on primary assets that comprised bank’s portfolio.

Established innovative marketing program that resulted in syndicated credit of $450 million.

Stabilized Bergen office by restoring sound banking activities. CHASE BANK 1985 - 1986

Vice President / Team Manager - Financial Institutions Group BANK OF AMERICA 1975 - 1985

Vice President & Team Leader / Senior Account Officer - Corporate (1982-1985) Vice President / Deputy Division Manager - Asia Division (1979-1982) ACCOMPLISHMENTS

EDUCATION

Received “Blue Streak Award” for outstanding marketing of State Street Bank & Trust.

As a Team Manager, responsible for all credit standards in sector.

Arranged $20 million private placement for U.S. Trust Co (no balance risk sheet). Active in all financial products, which include: acquisition loans, trust and cash management, balance sheet hedging, interest rate swaps/caps and other derivatives.

Expanded Asia Division (NY) by 100% in loan assets & profits (less than 3 yrs).

Division credit officer during tenure in Asia Division.

No loan losses during assignment. Compliance ratings always strong and satisfactory.

Managed all Asian Banks and Corporate/Government relationships-Eastern USA.

Guard Field Leadership in U.S. Army and N.J. National

Director Ridgewood Chamber of Commerce-Former

Member of the Financial Executives Networking Group (FENG).

Former Evening Instructor-New York University- Banking / Finance

NJ Master of Business Administration Finance Major: Fairleigh Dickinson University,

NJ Bachelor of Science Business Major: Fairleigh Dickinson University

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