Manager Financial
Resume:
Dawn L. Wells,
MBA
*** ******* *** ** **** (**3)-
Unit 204 Cell
Woodbridge, VA 22191 *****@***.***
CAREER SUMMARY
A seasoned Finance and Accounting Professional with extensive experience in
the banking and financial services industry. A proven ability in managing
the day-to-day financial operations and administration, analyzing and
compiling financial data and presenting results within the delegated
timeframe. Proficient in performing external financial reporting functions
as well as developing and implementing process improvements. Known for the
ability to build excellent relationships with customers, business partners
and technology support at all levels of management
QUALIFICATIONS
GAAP and SEC Reporting Financial and Management Reporting
Regulatory Reporting and Compliance SOX404
Financial Statement Analysis Financial Operations and Administration
Commercial Banking Investor Reporting/Mortgage Servicing
Loan Documentation
EMPLOYMENT HISTORY
SENIOR FINANCIAL REPORTING ANALYST
June 2013-October 2013
Freddie Mac (Consultant))
. Support the Single-Family Profitability and Reporting Group in managing
and preparing the monthly GAAP analytics and reporting package for the
Corporate Controller Briefing presentation. This includes analyzing
monthly and quarterly financial results as it relates to the Single-
family segment.
. Manage the preparation of the monthly business performance review package
for the Single-family Segment slides. This includes ensuring all
supporting documentation is consistent with system generated numbers.
. Assist with the consolidation of comments of the 10Q/10K for the Single-
family Segment as well as prepare the Single-family quarterly "Freddie
vs. Fannie" comparison package
. Assist with the month-end close process by reviewing and posting Single-
family Segment journal entries and reconciliations
SENIOR LOAN ACCOUTANT 2012-
2013
Freddie Mac (Consultant)
. Supported the client in managing all aspects of Multifamily Investor
reporting and remittances for a portfolio of complex Servicers, including
monitoring their financial performance and compliance with the terms of
business relating to Investor Reporting.
. Ensured Servicer's monthly reporting and remitting was submitted in an
accurately and timely manner.
. Performed cash flow analysis and reconciled Servicer's cash account (s)
to the subledger.
. Used internal reporting tools such as MS Query and SQLs to ensure data
integrity and research any discrepancies in reported data submitted by
the Servicer.
. Participated in quality controls reviews for the restructuring of
distress loans as well as consulted with Servicers and Trustees to ensure
compliance with Investor Accounting policies, while maintaining excellent
Servicer relationship.
INVESTOR MANAGER:
2011- 2012
National Cooperative Bank Capital Impact (NCBCI), Arlington, VA
. Managed and monitored the servicing of a diverse portfolio of Commercial
loans and New Market Tax Credit transactions, while assuring payments to
Investors were remitted in an accurate and timely manner.
. Collaborated with Loan Officer(s) and Accounting for in-depth reviews and
analyses of loan documents (i.e. notes, loan agreements, and credit
agreements) and financial models for system capabilities in managing
reporting requirements.
. Participated in cross functional teams providing advice and leadership on
process improvements and financial systems enhancements
. Assisted in the month-end close process performing investor related
general ledger entries and reconciling off-balance sheet accounts and
investor custodial accounts.
MANAGER, FINANCIAL REPORTING:
2007- 2011
National Cooperative Bank (NCB) Arlington, VA
. Managed the preparation of various consolidated external financial
reports for filing with the SEC which included Forms 10K and 10Q.
Drafted and reviewed financial statements, footnotes, and other
disclosures in accordance with U. S. GAAP and SEC regulations.
. Participated with other business units within the organization to gather
financial and non-financial data to assist with the commentary that was
included and supported in the SEC filing as well as performed financial
analysis to determine any abnormalities in the data that was provided by
the business units.
. Responsible for managing the production of monthly consolidated financial
reports that were presented to the Executive Council or Board of
Directors of NCB.
. Kept abreast and developed an understanding of any new FASB standards and
amendments.
. Performed monthly variance analytics (budgeted vs actual) as well as
fluctuation analyses on account variances
. Monitored the internal and external audit and quarter review process and
assisted in managing the compliance with internal controls, processes and
procedures.
SENIOR FINANCIAL ANALYST:
2006- 2007
Fannie Mae, Washington, DC
. Managed the preparation of monthly management reports for the Housing and
Community Development (HCD) division. Utilized various financial systems
and internal reporting tools to produce internal reports, analyze data,
and performance results.
. Updated the Acquisition & Book of Business procedures as needed.
. Managed the defeasance program accounting process by completing the
monthly defeasance accounting ledgers and journal entries.
. Produced and generated quarterly financial statements for the Multifamily
Collateral Corporation and Multifamily Collateral Holding Company.
SENIOR CONSULTANT:
2005- 2006
BearingPoint, McLean, Virginia
. Supported the client (Fannie Mae) in managing and monitoring financial
controls. Responsible for analyzing business processes, reviewing
internal controls, and documenting control risks as well as assisted in
preparing policies and procedures.
. Partnered with Business Units in implementing new policy and procedures.
FREDDIE MAC, 1999- 2005 McLean, VA
SENIOR FINANCIAL ANALYST:
2002-2005
Finance Division, Regulatory Reporting
. Oversaw and monitored the distribution the Accounting and Reconciliation
Risk Based Capital (RBC) submission to the Office of Federal Housing
Enterprise Oversight (OFHEO) on a monthly and quarterly basis, included
coordinating with data suppliers to gather financial data to support the
development, implementation and documentation of Regulatory Requirements
and related processes.
. Prepared and executed UAT test cases/scripts as well as supported systems
enhancements efforts to ensure and improve data integrity, accuracy and
process efficiency
. Managed and prepared the monthly Minimum Capital Report to OFHEO, this
included reviewing internal reports, other supporting documentation and
reconciling data to ensure accuracy and completeness of capital adequacy
requirements set forth by OFHEO.
INVESTOR ACCOUNTING ANALYST:
2001- 2002
Multifamily Division
. Assisted with the research and analysis of Negotiated and Bond
Transactions. Reviewed credit enhancement, servicing agreements and
other loan/transaction documents for servicing issues to determine proper
accounting and reporting treatment. Managed and implemented necessary
processes to ensure adequate controls.
. Confirmed bond financial activities by analyzing Servicers monthly
remittance, account reconciliation and other submitted reports as it
relate to timeliness and accuracy. Ensure data integrity and research
any discrepancies in reported data.
. Prepared monthly bond payments schedules by reconciling cash reported
with cash received. Performed monthly variance analysis.
. Analyzed and calculated net interest margin for ARMs loans
. Prepared baseline reporting i.e. Phase I, ARM loan reporting and
amortization schedules.
. Updated procedures for new products and system enhancement
FINANCIAL ANALYST:
1999- 2001
Multifamily Division
. Prepared and distributed recurring reports used to manage Multifamily
Servicing group, including monthly management, performance, Phase I and
ad hoc reports.
. Used MS Query, Excel and other relational databases to create and
maintain large and complex data models used for analysis to support
Management in making sound Business decisions. Ensure data integrity by
researching and correcting data discrepancies.
. Supported Management and staff with weekly and monthly standard ad hoc
financial reports.
COMMERCIAL LOAN SPECIALIST:
1995-1998
Central Fidelity National Bank, Alexandria, Virginia
. Supported the Relationship Manager in the structuring and pricing of new
relationships, assisted in document preparation and post-closing
exception documentation tracking process with external parties such as
title companies and closing counsel.
. Routinely received and analyzed financial information submitted by
borrowers to effectively monitor risk and ensure that individual credits
are assigned the appropriate level of risk
. Prepared Credit Approval Memorandum to Loan Committee for approval or
disapproval of loan.
. Performed portfolio maintenance responsibilities to include: quarterly
review of borrower financial reporting requirements, monthly monitoring
of collateral, receivables and borrowing base certifications, and
quarterly covenant compliance requirements
EDUCATION
. Master in Business Administration Keller Graduate School of Management,
DeVry University, McLean, Virginia.
. Bachelor of Science in Finance North Carolina Agricultural and Technical
State University, Greensboro, NC
COMPUTER SKILLS
. Proficient and experienced in applications such as Microsoft Office
applications, i.e. MS Excel, MS Word and Power Point. PeopleSoft and
familiar with relational databases i.e. MS Query, SQL Access (taken
courses) Lotus Notes, Crystal Reports and McCracken.
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