Manager Loan Officer
Resume:
IVAN S. FELDMAN
** ****** ******, *********, *** York 10583
**********@*******.***
EXPERIENCE:
Chief Credit Officer January 2015 – November 2015
Savoy Bank, New York, NY
Managed and oversaw all aspects of credit risk for this $175 million commercial bank.
Provided guidance and suggestion to the bank’s Board of Directors regarding the Bank’s appetite for various areas of lending, industry segments and specific proposed transactions.
Expanded and strengthened credit policy, procedures and underwriting criteria to conform to standards mandated by regulatory authorities.
Ensured ongoing compliance with credit policy on both broad and individual levels.
Gave direction and expertise to lenders and analysts to recognize and mitigate credit risks and to balance those risks with appropriate reward.
Served as point person for banking regulators and external auditors during periodic reviews and examinations on credit quality and thoroughness matters, leading to improved results.
Managed a $130 million loan portfolio; proactively handled 16 criticized/classified relationships.
Manager, Credit and Finance February 2010 – January 2015
Castle Oil Corporation, Harrison, NY
Headed both the Credit/Collections and Cash Management departments for this mid-sized energy company. Managed a staff of 16 professionals.
Made all corporate credit decisions and set limits for wholesale, municipal and commercial retail customers. Wrote and implemented structured credit policies and customized collections procedures, which resulted in a reduction in credit losses to 0.3% from 0.9%. Reduced 90+ balances to a low of $5.3 million in December 2014 from a high of $35.7 million in June 2014.
Effectively served as liaison among customers, sales staff and upper management to balance levels of risk with entrepreneurialism, while keeping sight of the company’s best interests. Met with larger customers periodically to keep abreast of their needs and work to mesh those needs with the company’s credit culture.
Worked to improve problem assets via collateralization and execution of payout agreements and personal/corporate guaranties.
Negotiated with large suppliers and refineries to procure lines of credit for the company.
Used collections and supplier credit and worked with trading floor to anticipate/manage bank borrowings in order to maintain short-term liquidity. Ensured compliance with levels of bank debt specified by loan agreements. Signed all corporate checks and approved electronic payments.
Vice President/Senior Commercial Loan Officer December 2006 – November 2009
TD Bank/Commerce Bank, New York, NY
Combination new business/portfolio management lender, for relationships averaging $4 million.
Developed $24 million in new and increased relationships, as part of a $58 million commercial portfolio. Took in over $150 thousand in fees from loans and bank products.
Built relationships via sourcing, negotiating, underwriting, presentation for approval; closing, ongoing customer contact; account maintenance; and regulatory, policy and legal compliance.
Vice President/Commercial Loan Officer December 2004 – December 2006
Atlantic Bank of New York, New York, NY
Originated and managed commercial relationships of up to $16 million. Generated $16 million in new credit facilities; maintained an active pipeline of $25 million. Handled a $75 million assigned portfolio (13 relationships), in addition to those self-generated.
Industries: financial services; medical and other professional services; manufacturing, importing and wholesaling of various products; food service and not-for-profit.
IVAN S. FELDMAN
Resume
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EXPERIENCE (continued):
Vice President/Commercial Loan Officer June 2000 – November 2004
Hudson United Bank/Connecticut Bank of Commerce, New York, NY
Produced and handled commercial and asset-based relationships of up to $11 million. Closed on over $50 million in new business. Loan and cross-sale fees exceeded $200 thousand.
Serviced a broad range of industries: manufacturing, importing, wholesaling, contracting, diamond/jewelry, textile/apparel, high-tech, and financial, professional and other services.
Vice President/Commercial Loan Officer June 1998 – June 2000
General Bank, New York, NY
Generated/maintained $14 million in new facilities and $200 thousand in fee income. Lines to $6 million were centered in trade finance.
Made the bank’s first diamond/jewelry loan, and asset-based loan (through participation).
Chief Financial Officer August 1996 – June 1998
Waldman Diamond Company, New York, NY
Managed all financial and accounting activity for this mid-sized diamond wholesale company.
Negotiated bank facilities; maintained compliance with collateral formulas.
Made all credit decisions: created due diligence procedures for new customers, and met with larger customers directly to discuss credit.
Implemented automated accounting and treasury systems - resulted in savings of $50 thousand in professional fees. Devised collections procedures, which kept write-offs under 1%. Collected $75 thousand in assets already written off. Supervised two in collections/accounting functions.
Vice President/Commercial Loan Officer December 1993 – August 1996
Bank Leumi, New York, NY
New business developer/relationship manager of diamond/jewelry accounts.
Increased an assigned portfolio to $65 million from $50 million.
Retained entire portfolio after the move of the department manager to another bank.
Brought in $275 thousand in annual fee income. Cross-sold numerous bank products.
Assistant Vice President/Commercial Loan Officer November 1992 – December 1993
Sterling National Bank, New York, NY
Handled asset-based relationships of up to $9 million, within a $65 million portfolio.
Called on customers, negotiated/structured loans, and monitored compliance.
Monitored receivables collateral, took part in field examinations.
Assistant Treasurer/Commercial Loan Officer June 1989 – November 1992
First New York Bank for Business, New York, NY
Second in charge to senior lender in a department of eight. Handled relationships of up to $3 million, in various industries with concentrations in diamond/jewelry and textile/apparel.
Negotiated with clients, analyzed credit proposals and presented to Credit Committee weekly.
Credit Analyst January 1987 – June 1989
First Interstate Credit Alliance, New York, NY
Analyzed $2+ million equipment finance credits. Made presentations to senior management.
Completed in-house formal credit training program.
EDUCATION AND ACADEMIC HONORS:
BS degree in Economics/Finance, 1986 - Southern Connecticut State University, New Haven, CT. Member, Omicron Delta Epsilon, economics honor society.
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