DAVID TOSCANO

Hoboken, NJ 201-***-**** ad450t@r.postjobfree.com linkedin.com/in/dtoscano007

OPERATIONAL EFFICIENCY BUSINESS DEVELOPMENT PROCESS IMPROVEMENT FINANCIAL TECHNOLOGY PROFESSIONAL SUMMARY

Highly accomplished and result-driven Finance Executive With over twenty years of experience in business development and residential lending, I am a seasoned financial executive who delivers results and value for my clients and partners. I am NMLS certified and have a strong background in lending products, policies, and procedures. As the Director of Business Development at Triangle Equipment Finance, I managed and directed accounts nationally, collaborating with investors to optimize capital flow, funding, factoring, and asset retention. Previously, I was a Director at Promontory MortgagePath, where I improved operational efficiency, customer retention, and risk mitigation. I have excellent analytical, communication, and leadership skills, and I am passionate about driving growth and innovation in the lending industry.

Exhibits strong interpersonal skills interacting with all stakeholders in a fast-paced and pressure-filled environment; managed 45 direct and indirect reports; proactive, resourceful, and efficient; maintains high professionalism and confidentiality. Continuous learner and team builder who seeks challenges to enhance financial insight and operational performance and build high-performing teams. Commendable track record of dependability coupled with accuracy. AREAS OF EXPERTISE

Sub-Servicing Risk Mitigation Business Development ROI Optimization Transaction Management State & Banking Audits Federal & State Compliance Loan Operating Systems Fulfillment Management Project & Program Management Process Improvement Operations Management Team Building Quality Control Strategic Planning KPIs Process Development SaaS ACCOMPLISHMENTS

Managed a high-volume portfolio of loans of over one billion dollars at FirstKey and protected the company’s loss exposure.

Successfully obtained 51 MLO state licenses.

Analyzed, developed, and reconfigured loss prevention policies. EXPERIENCE

Triangle Equipment Finance LLC Montclair, NJ 3/2023 – 3/2024 Director, Business Development

Manage and direct accounts nationally about lending products, policies, and procedures.

Improve internal and external efficiency standards.

Develop policy and procedural guidelines for clients to improve approval ratios.

Collaborate with investors about capital flow and securitizations.

Modify internal underwriting policies according to market conditions. Promontory MortgagePath LLC Danbury, CT 11/2021 – 1/2023 Director, National Mortgage of Fulfillment and Originations Departments

Direct and train the lending/fulfillment departments nationally.

Enforce this third-party fulfillment services company's policy, procedures, and compliance.

Engage and manage direct reports to ensure the policy is followed and deliver suitable remote operations licensing supervision and oversight.

Collaborate closely with the National Mortgage Operations, Managing Director, the National Credit Operations, Managing Director, and the processing and underwriting teams.

Delivered adequate interface with all fulfillment teams' lending, processing, and underwriting processes and procedures.

Support and enhance client interactions and requests and provide product knowledge.

Lead group performance through a strategic vision to meet or exceed established goals.

Conduct hiring efforts and manage the performance, development, and training of PMP's Mortgage Loan Originators and fulfillment staff.

Maintained oversight of lending and fulfillment departments and daily pipeline activities of the loan process.

Interface with PMP Client Relationship Managers, so efficiencies are in place for loan processing, underwriting, and funding of loans.

Provide management support in various areas (e.g., loan level review, strategy, questions, interpretations).

Cultivate and maintain strong working relationships with key business partners and external client executive teams to spearhead growth and improve operations.

Assist in developing strategies to maintain client and borrower retention and improve product knowledge. DMT Real Estate Funding LLC Hoboken, NJ 06/2021 - 10/2021 Senior Vice President

Introduced and outlined mandatory Federal and State Regulations and enforced compliance procedures.

Created and administered staff policies and procedures about Operations, Originations, Processing, Underwriting, Closing, and State Audits.

KRDC Enterprise Inc. d/b/a Castleton Mortgage Fort Myers, FL 12/2020 - 06/2021 Senior Vice President

Employed the necessary procedures to obtain a Florida Mortgage Broker License.

Established and administered staff policies and procedures about Operations, Originations, Processing, Underwriting, Closing, and State Audits.

Implemented and outlined mandatory Federal and State Regulations and enforced compliance procedures.

Directed oversight and compliance.

FirstKey Mortgage LLC, Cerberus Capital Management Portfolio Company New York, NY 10/2013 – 12/2020 Vice President

Spearheaded financing solutions and services for residential and commercial property investors, lenders, and mortgage holders.

Oversaw and approved employees’ cash-flow analyses and risk assessments and determined remediation activities as needed.

Directed platforms to select efficient systems and collaborated with the IT department to implement technological solutions.

Supervised State audits and Department of Banking examinations and directed teams of staff members in daily mortgage activities.

An integral member of the initial core team for this start-up originations company; instrumental in growing the company to 130 employees.

Extensive Sub-servicing and REO knowledge.

Served as the initial sole qualified individual for all applicable state licenses, including New York.

Supervised mortgage originations team and mortgage operations staff.

Executed the origination and processing of loans while FirstKey Mortgage was functioning as a Lender.

Decision of all mortgages in which FirstKey Mortgage underwent significant financial exposure. EDUCATION

Fairleigh Dickinson University Bachelor of Science, Management

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