Manager Commercial
Resume:
Hello,
My name is John Kenneth Kruse I am an experienced commercial portfolio
manager/ commercial underwriter formerly credit trained with Citibank in
June 2002. Since resigning from Citibank in 2011 (due to a worsening
physical disability) I briefly worked at home for Newtek Business Services
in the capacity of an SBA underwriter, underwriting primarily SBA 504
loans. I developed a rudimentary understanding of SBA lending practices
before being offered a lucrative contract position for Omega Performance as
an Alpha reviewer of their Commercial Loans to Small Business learning
module and Commercial Real Estate lending learning modules. I recently
completed the work contract and am seeking a permanent position with
internal growth potential in the greater NY area. I held various
underwriting positions at Citibank that started with small business
underwriting (exposure between $250M to $1MM) which evolved into
underwriting middle market exposures (greater than $1MM less than $10MM)
and managing a middle market portfolio. At Citibank I underwrote a wide
variety of products that included Commercial Mortgages, Commercial Equity
Source Accounts, lines of credit (both traditional and borrowing base) and
term loans.
I am familiar with assessing rent rolls and reading commercial leases and
mortgage documentation for buildings are considered a primary source of
collateral at Citibank. .
I have been out of work for a while now due to a need to work closer to
home. I am one armed as a result of a 2006 accident. The injury has zero
effect on my ability to perform and I am a very eager employee. Please
review the attached resume and contact me at 516-***-**** to discuss
potential opportunities
Best Regards,
John K. Kruse
John K. Kruse
93. Center Street
Hicksville, N.Y. 11801
Home 516-***-****
objective
Motivated commercial credit officer/ underwriter
seeking a challenging growth position within
commercial underwriting utilizing my extensive
knowledge developed over a 10+ year underwriting
career coupled with several years of prior
commercial collection experience.
Experience
[pic] 8/12- 4/2013 Omega Performance
Consultant
Alpha reviewer of online courses Business Lending
Fundamentals, Commercial Loans To Small Business,
Commercial Real Estate Lending, etc. I provided
content recommendations and reviewed the
respective coursework to ensure accuracy,
thoroughness and workflow structure. This entailed
a thorough review of each course.
7/11-6-12 Newtek Business Services
Consultant
Underwrote SBA 7a loans on contract
Familiar with both SBA 504 and 7a loans
Familiar with SBA policy and guidelines
5/05-6/11 Citibank Commercial Business Group
LIC, NY
Credit Manager VP / Commercial underwriter
(Mid-Market)
Provided detailed written analysis on business'
with borrowing needs greater than $1MM and up to
$10MM to determine credit worthiness and debt
service capacity.
Managed a commercial credit portfolio in excess of
$100MM. This entailed underwriting commercial
credit exposures, annual reviews of existing
borrowers and day to day portfolio maintenance,
Worked with sales and legal counsel to effectively
bring deals from start to closing.
Developed an excel based program used to determine
the surplus personal income of prospective and
existing personal guarantors as well as business
cash flow and debt service capacity. This model
is being used throughout the Citibusiness group.
12/03-1/05 Citibank Commercial Markets Group
Uniondale, NY
Credit Manager / Commercial Underwriter (Small
Business)
Managed a $10MM active commercial credit portfolio
in the small business segment.
Interpreted and spread financial statements and
tax returns to determine the credit worthiness and
available cash flow of prospective and existing
borrowers with borrowing needs from $250M to $5MM.
Duties include, underwriting of commercial credit
exposures, annual reviews of existing exposures,
risk analysis (industry and company specific) as
well as meeting with customers to discuss their
present and future financial needs.
7/03-12/03 Citibank Commercial Credit College
NY, NY
Formal Credit Training 6 month program
Learned how to assess and determine the financial
needs and borrowing causes of commercial concerns
as well as cash flow analysis in determining
repayment capacity. .
Developed accounting and finance knowledge
including financial statement and tax statement
analysis.
Developed industry analysis skills in determining
whether an industry is growing, stable or
declining as well as risk analysis skills in
determining the viability of lending to a specific
commercial concern.
5/02- 7/03 Citibank National CAM Unit
Hauppauge, NY
Commercial Collection Rep.
Front end commercial collections representative,
handled the 60-90 day accounts within the NYB bank
along with servicing the 15-60 day accounts within
the various marketplaces.
Consistently meet and exceed monthly goals.
Locate and offset guarantors business and personal
Citibank accounts in order to effect payment.
12/00-5/02 Law Offices of Mitchell N. Kay New
York, NY
Legal Collections/ Asset Location
Manage a collection portfolio consisting of over
1,100 Bank judgment accounts. Daily
inbound/outbound call volume exceeds 120 calls.
Locate and execute against debtor assets to effect
collection.
Attorney and Debtor correspondence as needed.
Consistently perform above monthly goal to achieve
monthly cash bonuses.
Education
Citibank Commercial Credit College 6 month Formal
bank credit training program.
Nassau Community College Garden City, NY
Completed 38 credits of Accounting/Business
Administration Degree.
Graduate of Hicksville High School. Four-Year
Regents Diploma.
Skills
Excellent communication skills.
Effective negotiator with a collection background
prior to banking. .
Solid multitasker and self-starter.
Proficiency in Moodys Financial Analyst, Word
Perfect, Microsoft Word, Excel, Lotus, Alpha 123,
and Power Point.
Ability to learn on the go at a rapid pace.
Member of Knights of Columbus Counsel # 3476.
Contact this candidate