Patrick Charles Trombly

*** **** **** ******, *** 4B, New York, NY 10028

Tel: 212-***-**** / 917-***-**** . E-Mail: aceb2y@r.postjobfree.com

Commercial Banking Experience

**** - ******* *******er USA / Sovereign Bank

New York, NY

Credit Manager, Metro NY / NJ - June 2012 - Present

. Final approval authority and manager of underwriting process

for commercial credit up to $2.5MM; manager of underwriting

and committee presentation for commercial credit >$2.5MM.

Maintain $500MM commercial loan portfolio, comprising over

400 credit relationships. Individual signature authority

increased from $1MM to $2.5MM in July 2013.

. All facility types: working capital, LC, investment and owner-

occupied real estate, ACH, leasing. SBA and conventional.

2H 2013 volume: $125MM. Zero past-due loans >15 days (SAN

grace period).

. Manage seven Credit Officers underwriting new and

renewal/review volume (40 / 60 split).

. Responsible for delinquency management and reporting for two

sales teams (NY / NJ).

. Create and update analytical models (e.g., CRE deal screen

model) and credit request outline to streamline the decision

process.

. Participant in Credit Committee.

Credit Officer - April 2011 - May 2012

. Responsible for review, structure and documentation review

for proposed commercial loans. Prepared and presented

approval memoranda to Regional Credit Director and Credit

Committee. Deal size: $1MM-$5MM. Deal types: C&I and CRE.

Industries include investment real estate, retailers,

wholesalers, manufacturers, contractors and professional

services.

. Designed commercial real estate model used by RMs and Credit

Analysts to evaluate mortgage debt service, loan-to-value and

refinance / interest rate risk.

. Responsible for portfolio maintenance tasks including

renewals and periodic review of term loans. NYBB portfolio

(relationships over $1MM) comprised 80 relationships totaling

$145MM as of 3/15/12. Of this, approximately half was

assigned directly to me.

. Recommended risk ratings and relationship strategies for new

and existing commercial relationships.

. Developed and implemented process to register commercial

mortgages in NYC with the Dept. of Finance to receive advance

notice of tax lien sale.

. Draw upon prior legal, accounting, workout and supervisory

positions to provide hands-on guidance to staff and to

business developers, most of whom are not credit-trained.

2009 - 2010 Flushing Savings Bank New

York, NY

Asset Recovery (Workout) Manager

. Senior / supervisory workout officer for the bank's C&I /

OORE portfolio.

. Responsible for delinquency management (tracking and

collection) for the portfolio.

. Responsible for management of all loan relationships rated

"special mention" or below, and some "watch list" credits.

Assigned "shadow" management for most "watch list" credits.

. Created and implemented policies for risk rating, collateral

and lien preservation, liquidation/foreclosure and REO

management. Managed litigation and relationship with

counsel.

. Crafted processes to oversee troubled real estate mortgages,

comprising over 50% of the classified loan portfolio:

. Reviews of property tax payment, insurance, appraisals,

title and lien status.

. Oversight and review of environmental due diligence.

. Developed and implemented exit strategies. Managed exit

process including litigation, liquidation of collateral and

filing SBA claims.

. Negotiated and made recommendations to credit committee

concerning modifications, conditional forbearances and

settlement of claims.

. Recommended charge-offs and specific reserves; tracked

recoveries.

. Established and managed relationships with vendors, (e.g.,

forensic accountants, appraisers, auctioneers, brokers).

2005 - 2009 Middlesex Savings Bank

Natick, MA Commercial Credit Officer

. Reviewed commercial lending transactions considered by the

Bank (exposures up to $25MM). Deal types: C&I, CRE,

construction. Industries: a broad range including housing

developers, technology companies, retailers, wholesalers,

manufacturers, service providers, non-profits and retail

energy (e.g., heating oil delivery, gas stations).

. Trained junior analysts. Supervised underwriting of Highly

Leveraged Transactions and other complex exposures.

. Made changes to underwriting approach that directly improved

the Bank's profitability:

. Created analytical models adopted Bank-wide: financial

statement analysis, debt service coverage, discounted cash

flow, collateral coverage and guarantor strength.

. Introduced modifications to written commercial credit

approval format (streamlining and adding sections relevant

to more complex transactions).

. New models and credit approval format enabled the Bank to

consider larger, more complex and higher priced

transactions (100 -200 bps higher than the typical loan),

including Highly Leveraged Transactions, Employee Stock

Option Plans and acquisition finance.

. Highly Leveraged Transactions grew from one $4MM loan to

over $50MM in total exposure, representing over 10% of the

Bank's C&I portfolio, and through November 2009 had

outperformed the overall loan portfolio in terms of

delinquency and covenant default.

. Reviewed all aspects of proposed transactions involving

mezzanine debt and/or equity investors, including inter-

creditor agreements and subordinations.

. Routinely worked with lender, potential client and other

capital providers to structure the transaction prior to

presentation to Credit Committee.

. Made formal recommendations to Credit Committee and Board of

Investment concerning proposed credit exposures assigned for

review. Assigned Credit Risk Ratings to each loan.

. Wrote lending policy for retail heating oil industry,

including transaction types, advance rates, financial

covenants and required financial disclosure. The Bank more

than tripled its credit exposure to this industry, with zero

past-dues as of 11/09.

. Sixth largest mutual savings bank in the U.S., with over $5BN

assets. "Boutique" bank located in Massachusetts'

technology corridor, with significant middle market / "highly

leveraged transaction" portfolio.

2002-2005 Citizens Bank (subsidiary of Royal Bank of Scotland)

Boston, MA

Senior Credit Analyst

. Completed formal six-month credit training program.

. Worked with two senior lenders to form energy specialty

lending team within the Large Corporate Division in 2004.

Team built $700MM+ portfolio of direct and participation

loans to MLPs and corporations in the downstream energy

sector including petroleum products retailers and

wholesalers, electric and gas utilities and alternative

energy suppliers.

. Portfolio manager with customer service, cross-sell and

underwriting responsibilities.

. Most relationships were syndicated and/or involved multiple

tranches of capital.

. Drafted and presented formal recommendations to Credit

Officer and Credit Committee concerning proposed lending

relationships.

Prior Professional Experience

1998-2001 PricewaterhouseCoopers LLP.

Boston, MA

Associate / Senior Associate

. Provided consulting services within International Tax

Practice. Promoted to Senior Associate in less than 2 years

(typical path was three years).

. Prepared and presented quantitative analysis concerning tax

benefits and accounting treatment of transactions and

transaction structures. Drafted written opinion letters on

issues of tax and accounting treatment.

. Managed implementation and documentation of, and legal

compliance with respect to, tax-advantaged transactions.

. Transaction types included asset purchases and sales, mergers

and acquisitions, cross-border investments, export-based tax

incentives, intellectual property licenses, leases, corporate

restructuring and public equity and debt offerings.

1995-1998 US Department of the Navy - Office of General Counsel

Arlington, VA

Attorney

. Litigation counsel focusing on pre-trial and post-trial work

before Federal courts. The cases involved large defense

contracts and dealt with issues such as contract

interpretation, performance and damages.

. Directly supervised team of eight paralegals performing

factual and legal research.

Education

1994 Suffolk University Law School

Boston, MA

Juris Doctor

. Dean's List 1992-1993

. Honorable Mention Brief, 1st Year Moot Court Competition,

1991-1992

. American Jurisprudence Award for Top Grade in Criminal Law,

1991

1991 College of the Holy Cross

Worcester, MA

Bachelor of Arts - Political Science

. Varsity Crew Team 1987-1989

. Published three times in college literary journals

Other Professional Credentials

. Passed Uniform CPA Examination, November 1997 (1st attempt)

. Passed Massachusetts Bar Examination, July 1994 (1st attempt)

Contact this candidate