Professional Career Resume

Jonathan A. Falatea

Lehi, UT 84043

ad1ch6@r.postjobfree.com

+1-801-***-****

Summary

I am a thorough, articulate, leader/team player, coachable, hardworking, and extensively experienced professional with 12+ years of experience in corporate finance, banking operations, business credit, b2b, technology, and accounting functions. Sharp in conducting underwriting for conventional, consumer, commercial, insurance, construction, automotive, personal loans, line of credit, credit card, SBA (express, 7a, 504, working capital, business acquisition, refinance, etc.) along with statistical analysis and thoroughly skilled in the administration of balance sheets, income, and cash flow statements, as well as financial reporting and forecasting. Expert in managing accounts payable/receivable, collections and in optimizing service to drive client retention and propel growth in accounts. I love to collaborate, connect, and create an impact with my work and interactions with people. I’m a polished communicator and skilled negotiator with the ability to develop strategies to strengthen client relations, improvement with processes and excellence in service.

Work Experience

Director of Underwriting and Compliance Everee

Salt Lake City, UT November 2021 to Present

The Compliance and Underwriting Director oversees the Corporate Compliance Program, functioning as an independent and objective body that reviews and evaluates compliance issues/concerns within the organization. The position ensures management and employees are following the rules and regulations of regulatory agencies and that the company’s policies and procedures are being followed. This position also has certain duties to assist the underwriting team in their activities such as to scale Everee Credit product offering.

DUTIES AND RESPONSIBILITIES Develops, initiates, maintains, and revises policies and procedures for the general operation of the Compliance Programs (AML/BSA, state lending, card programs) and their related activities to prevent illegal, unethical, or improper conduct. Manages day- to-day operation of the Programs for business to business and business credit with annual loan reviews. Develops and periodically reviews and updates Standards of Conduct to ensure continuing currency and relevance in providing guidance to management and employees. Collaborates with other departments to direct compliance and underwriting issues to appropriate existing channels for investigation and resolution. Consults with the management and corporate counsel as needed to resolve difficult underwriting/legal compliance issues. Responds to alleged violations of rules, regulations, policies, procedures by evaluating or recommending the initiation of investigative procedures. Develops and oversees a system for uniform handling of such violations. Acts as an independent review and evaluation body to ensure that compliance and underwriting Issues/ concerns within the organization are being appropriately evaluated, investigated, and resolved. Monitors, and as necessary, coordinates compliance activities of other departments to remain abreast of the status of all compliance/underwriting activities and to identify trends. Identifies potential areas of compliance vulnerability and risk; develops/implements corrective action plans for resolution of problematic issues and provides general guidance on how to avoid or deal with similar situations in the future. Provides reports on a regular basis, and as directed or requested, to keep senior management informed of the operation and progress of compliance efforts. Ensures proper reporting of violations or potential violations to duly authorized enforcement agencies as appropriate and/or required. Establishes and provides direction and management of the compliance Hotline. Institutes and maintains an effective compliance communication program for the organization, including promoting (a) use of the Compliance Hotline; (b) heightened awareness of Standards of Conduct, and (c) understanding of new and existing compliance issues and related policies and procedures. Works with the Human Resources Department and others as appropriate to develop an effective compliance training program, including appropriate introductory training for new employees as well as ongoing training for all employees and managers. Monitors the performance of the Compliance Program and relates activities on a continuing basis, taking appropriate steps to improve its effectiveness. Works with the credit team to underwrite, monitor and manage customers that have requested or are actively utilizing Everee Credit. Works with the credit team to monitor the performance, quality, and compliance of Everee Credit. Recognized for creating a new Compliance Evaluation Report to evaluate the securities, policies, and regulations of Compliance and implemented new detailed Credit applications and Credit presentations to onboard approve clients through the underwriting process.

Underwriting Manager Iron Horse Funding LLC

Salt Lake City, Utah, United States August 2019 to November 2021

Oversee underwriting with routine procedures and tasks to ensure compliance, policies, and procedures are met for company safety. Proficient in personal, conventional, mortgage, commercial, credit card, auto, prime, non-prime, equipment, construction and SBA banking credit policies and procedures, credit/financial statement analysis, loan structuring and cash flow analysis. Ability to perform intermediate level accounting and financial analysis Excellent written and communication skills Ability to communicate effectively and project a professional image when giving and taking information in writing, in person and over the phone Good analytical skills including ability to define problems, collect data, establish facts, and draw conclusions. Excellent computer skills including the use of excel, word processing, email, and spreadsheets Attention to detail Rewarded for Manager Excellence as SLC floor had dress code, unprofessional behavior, and work ethic violations before taking on the role of Underwriting Manager and was able to improve the SLC team through leadership, example, creating an award committee, and engaging each employee with customer success. Promoted 2 credit analyst to Senior Credit Analyst from SLC and Boston, MA.

Consumer Loan Manager Utah Power Credit Union

Salt Lake City, UT May 2017 to August 2019

The Consumer Loan manager is responsible for origination, processing, underwriting, portfolio management, risk management and regulatory compliance of all consumer products including unsecured, secured, auto loans, credit cards and other related products and services. In addition, the position is responsible for ensuring that consumer lending policies and procedures best serve the Credit Union and its members, and that it is in strict compliance with State and Federal lending laws and regulations. This person will oversee the department with management of the day-to-day consumer loan operation, providing leadership, guidance, and coaching of the staff. They will also develop, recommend, and implement lending policies and products as well as monitor and analyze economic conditions affecting the loan department and loan portfolio performance. Recognized for introducing the SBA Program to improve loan submissions as a General Partner to become a Preferred Lending Partner by conducting trainings for understanding and processing SBA Loans from SBA Express, SBA 7a, 504, Construction, LOC's, Working Capital, and Business Acquisition.

Credit Analyst to Senior Credit Analyst Brighton Bank –

Salt Lake City, Utah, United States January 2017 to July 2018

Conventional loans including HELOC, Auto, LOC, Personal, Construction, Development and Installment Loans SBA 504, Export, Express, Debt Refi, Business Acquisition, and all 7(a) Loans Construction Draws Site visit / inspection Financial Analysis (Spreading tax returns, balance sheets, profit, and loss, analyzing credit reports, etc.) Borrowing Base Certificates / Annual Loan Reviews Assisting Tellers with approvals, reviews on deposits, answering inbound calls as needed, helping customers, managing SAFE protocols, and assistance with closing the Bank. Hired as Credit Analyst and promoted to Senior Credit Analyst by training new credit analyst, cash flow statements, spreading tax returns for both personal and business. Recognized for spearheading the SBA Department with the PPP loans/forgiveness and gaining more loan submissions and approvals by using experience and excellent customer support.

Loan Processor to Credit Operations Analyst Member Business Lending LLC

Draper, UT January 2013 to January 2017

Processed loans for underwriters for the first 6 months by gathering loan documentation, filing, preparing, and starting loan applications and credit presentations for the underwriting team and then getting promoted to Credit Analyst to Underwriting loans from $50K - $2.5M for both conventional and SBA loans SBA Eligibility Reviews Annual Loan Reviews Analyze Personal/Business Credit Reports along with tax returns, W-2's, Profit/Loss financial statements, Personal Financial Statements, SBA 1919 forms, SBA questionnaire, Pricing Notice, etc. Loan Setup Disbursements/Quality review up to $150M Request 4506 T Forms/Verify tax transcripts Hired as Loan processor and promoted to Credit Analyst within 6 months due to swift understanding of accounting, repayment ability, collateral, capacity, credit, character, and conditions.

Education

Bachelor’s degree-Business Management-Salt Lake Community College-Taylorsville

West High School-Diploma-Salt Lake City

Skills

• Annual Loan Reviews • Hospitality • Pricing • Profit & Loss • Tax Expert • Forecasting • Loan Officer • Detail Oriented • Microsoft Office Suite • Banking • Root Cause Analysis • Excel • Product Management • Continuous Improvement • Underwriting • Self-motivated • Analysis Skills • Negotiation • Risk Management • Leadership Experience • Word • Fair Housing Regulations • Accounts Receivable • Quality Assurance • Account Reconciliation • Fast-learner • Project Management • Customer Service • Credit Analysis • Business Management • Cash Flow Analysis • Lending • Compliance • Revenue Management • GAAP • Accounts Payable • CRM software • B2B sales • Salesforce • Business development • Customer relationship management • Team management • Relationship management • Portfolio management • Negotiation • Presentation skills • Data analytics • NetSuite • Corporate finance • Financial analysis • Financial accounting • Coachable • Product management • Banking • Leadership • Customer service • Budgeting • Tax experience • Profit & loss • Credit analysis • Accounting • Financial statement preparation • Analytics • Sales • Forecasting • Financial planning • Investment banking • Payroll • Training & development • Statistical analysis • Human resources • Dealership experience • Balance sheet reconciliation • Quality assurance • Quality control • Data collection • Risk management

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