Daman Saini

ad4gmd@r.postjobfree.com • 305-***-****

LinkedIn • Miami, FL 33186

Detail-oriented and highly analytical professional with rich experience leading regulatory and compliance operations. Proven success in managing regulatory affairs, evaluating compliance risks, and monitoring internal control testing. Track record of analyzing internal procedural compliance and conducting financial promotions to drive transparency. Recognized for piloting training to accelerate staff awareness regarding compliance expectations. Adept at aligning with departmental procedures and prioritizing simultaneous work streams. Instrumental in devising all compliance-related programs to enable compliance with fundamental laws. Excel at building relationships through interpersonal communication and problem-solving skills.

Areas of Expertise

Risk & Compliance Management

Mortgage & Commercial Lending

Financial Services Regulations

Strategic Planning & Execution

Risk Assessment & Mitigation

Regulatory Compliance

Cross-functional Collaboration

Team Building & Leadership

Stakeholder Engagement

Professional Experience

Matrix Res / Citigroup Private Bank – Miami, FL August 2021 – September 2023

Compliance & Risk Analyst

Responded to complex consumer and bank department insurance complaints. Operated periodically on special projects and task force meetings with diverse business partners. Liaised with Cenlar FSB, USA Patriot Act, and Citi Private Bank Internal SAR for FinCEN, TILA, Loan Estimate, Respa, Trid, Ecoa, FCRA, UDAAP & BSA/AML Training. Allocated to force place insurance (LPI) and executive complaints reports. Supported Bankers on clients’ requests for Contracts, HELOC servicing, Mortgage payment issues, ACH, Loan Payoff, title updates, recast, and Loan Modification. Analyzed individual insurance claims, Applied policy coverage and claims process to insurance claims per Citi Private Bank policy requirements. Deposit Insurance requirements are met per bank’s policies.

Supervised member banks’ Secondary Market Program applications for recommending approvals to management.

Assist with coordinating with Audit, Operational Risk, development, implementation and execution of risk-based compliance testing to review and asses the effectiveness of the firm policies and procedures in compliance.

Assist with the development, implementation and execution of risk-based compliance testing to review and asses the effectiveness in compliance.

Providing assistance to first line unit (FLU) during quarterly RCSA

Reviewing / challenging RCSA results performed by each FLU.

Support the handling of executive complaints reports, addressing a monthly volume ranging from 80 to 130 complaints. Collaborate with senior management to effectively resolve any executive-level concerns.

Keep up to date on all updates and revisions to the CCPA/CPRA and how it affects the interests and obligations.

Supporting reporting requirement to head office and enterprise risk management team.

Working with team management on future developments due to changes in business or market practice.

Assist management in responding to outsourcing requests received from any of global regulators.

Provide senior management coverage including Operations, Compliance, Finance, Technology and Data operations Risk Department.

Manage the reporting of key metrics for Investment Management’s complaince testing committee.

Resposible for ensuring SC’s Complaince Testing Standards adhere to testing standards. Review Standards and conducts Annual Reviews. Recommends for approval to SVP of Testing and Monitoring, the Chief Compliance Officer, and the Compliance Committee.

Advise Stakeholders on legal requirements of the relevant Data Protection Acts (DPA) or equivalent privacy laws forthcoming Privacy Regulation as well as raising awareness of data security, compliance and regulation.

Assist the DPO to develop and deliver Data Privacy / protection awareness and training.

Wrote, revised, and published department procedures to maintain Secondary Market QC Program's database.

Served as corporate contact for all matters regarding executive complaints.

Program application used Encompass, Black Knight, MSP, Microsoft Excel, Powerpoint and other Citi Internal Applications.

Bayview Asset Management / Community Loan Servicing – Miami, FL March 2021 – August 2021

Junior Underwriting

Responsible for managing pipleline of 40+ loan transaction on a daily basis.

Gather information and take each file from pre-approval to closing

Communicate with borrowers, fellow employees and clients in a manner that show sensitivity, tact and professionalism

Meet crucial deadlines requested, Clear certain conditions as outlined by senior management.

Develop policies and procedures and best practice checklist

Responsible for ensuring that all loan documentation is complete accurate verified and complies with company policy

Act in full compliance with bank policy and external regulations to protect the bank’s assets

Use loan program called Encompass and Optimal Blue.

Wells Fargo Home Mortgage – Miami, FL May 2019 – March 2021

Home Mortgage Consultant / Mortgage Compliance Testing

Evaluated loan documentation for FHA, Conventional, and Jumbo loan programs, including assets, income, title, credit collateral purchase contracts, and other documents. Submitted overall files for capital, capacity, character, and condition. Maintained up-to-date knowledge of industry regulations and bank policies to assure loan compliance. Directed credit and income analysis, loan-to-value ratios, risk assessment, debt-to-income ratios, and quality control reviews. Deposit Insurance requirements are met per bank’s policies. Extensive knowledge in the areas of TRID, Loan Estimate, Appendix Q, RESPA, UDAAP, HMDA, TILA, ECOA, FCRA, Fair Lending.

Performed underwriting decisions regarding income such as self-employed, W2 wage earner, partnerships, S-corp, corporation, sole proprietor, and non-taxable income.

Assist with Auditing and Risk per bank policies, Evaluate testing observations to improve policies, procedures, efficiency and controls.

Prepare work papers and testing reports according to internal testing policies that clearly describes the test steps, document testing results and communicate the conclusion of the test with internal Senior Management Team to explain the risk associated with the results.

Assist with the development, implementation and execution of risk-based compliance testing to review and asses the effectiveness of the firm’s AML policies, procedures and controls.

Support the compliance design, implementation, operation and maintenance of security application and tools based upon the established security architecture for data protection.

Assessed loan package for approval of fraudulent activity through loan program called Wells Fargo Core.

Managed DU/LP finding report for condominium reviews such as limited project reviews.

Program application used WF Core, Encompass Microsoft Excel, Word, Powerpoint and other Wells Fargo Internal Applications.

Guaranteed Rate Affinity (NRT/Coldwell Banker) – Miami, FL March 2018 – May 2019

VP Of Mortgage Lending & Credit Risk Analyst

Acted as in-house lender for Coldwell Banker affiliate to apply standard company and insurer financial solutions. Utilized strong knowledge of regulatory compliance and underwriting to fulfill all requirements. Verified income, employment details, and credit history of bank applicants. Ensured loan compliance with Freddie Mac, Fannie Mae, and portfolio guidelines while communicating loan decisions and deficiencies with clarity. Assessed financial information by connecting effectively with all applicants and internal team members. Executed loan programs (Optimal Blue and Encompass) for proven growth. Extensive knowledge in TRID, Appendix Q, Loan Estimate, RESPA, UDAAP, HMDA, TILA, ECOA, FCRA, Fair Lending Act.

Revised appraisals and complex tax returns to ensure loans fulfillment of program and product specifications.

Investigated capacity, condition, character, capital, and fraud by reviewing overall complex real estate loans.

Analyze credit information to determine the risk involved in corporate lending and prepare reports of findings.

Analyzing guarantor support, monitoring loan covenants, analyzing market research, and environment risk.

Collaborate with colleagues in gathering documents and completing applicable credit reviews.

Successfully closed an average of 30+ loans per month.

Strong Knowledge of Data Protection Legislation, GDPR and DPA rules including impact and risk assessments is essential.

Acting control officer supporting the 1B Loan Operations team support business operations by by partnering with the business to create best practice solutions and drive process and control enhancements, providing expertise in risk/controls and the development of corrective action plans.

Expertise in performing robust risk assessments, identifying and designing effective testing of internal controls and performing effective root cause analysis.

Perform Quality Control Reviews on all Sworn Documents, and Other Signed Documents, and Notarized documents executed by Commercial Banking personnel using established review testing questions and acceptance criteria.

Daily interaction with Line of Business staff (to request documentation, clarify issues, issue approvals), JPMC Legal, Compliance, Sworn Documents Librarian, and Quality Management Team

Recommend and implement resource and/or process changes to improve service performance.

Minimized credit loss by associating with troubled residential real estate loan effectively.

Program application used Encompass, Optimal Blue and other GRA Internal Applications.

J.P. Morgan Chase Bank – Miami, FL June 2013 – July 2017

Private Client Mortgage Banker

Managed loan pipeline to ensure establishment of client relationships. Delivered mortgage loan products presentation by collaborating with prospective clients. Examined loan documentation for Conventional, FHA, VA, and Jumbo loan programs accurately while functioning with production staff to secure all reports for decision. Deposit Insurance requirements are met per bank’s policies. Extensive knowledge in TRID, Appendix Q, Loan Estimate, RESPA, UDAAP, HMDA, TILA, ECOA, FCRA, Fair Lending Act.

Increased productivity and profitability by identifying business opportunities with high-net-worth clientele and formulating business strategies.

Maintain and successfully close an average of 20 - 30 loans per month.

Coached team members regarding high-net-worth and private client management.

Enhanced product approval by analyzing diverse credit profiles.

Program application used JPM Mortgage Express / Encompass Microsoft Excel, Word, Powerpoint and other JPM Internal Applications.

PNC Mortgage – Miami, FL August 2012 – May 2013

Mortgage Loan Officer

Reviewed loan transaction packages for preliminary approval and denial as per bank guidelines. Provided short presentations of mortgage loan products by connecting with prospective clients. Identified new and existing mortgage opportunities with self-employed and business loan files. Operated with staff to save documentation to render decisions. Extensive knowledge in TRID, Appendix Q, RESPA, UDAAP, Loan Estimate, HMDA, TILA, ECOA, FCRA, Fair Lending Act.

Evaluated loan documentation for FHA, VA, Conventional, and Jumbo loan programs accuracy and completeness.

Successfully boosted customer retention goals via service and referral development of PNC retail Bank Branch.

Proposed appropriate plans to all customers by analyzing needs and financial liabilities.

Program application used PNC Encompass, Microsoft Excel, Word, Powerpoint and other PNC Bank Internal Applications.

M.B. Pro Group – Miami, FL October 2009 – July 2012

Commercial Loan Officer

Ensured safekeeping of all legal documentation files such as maintenance of collateral and legal documentation files. Communicated with commercial real estate agents, mortgage loan brokers, and various banks to develop real estate loan business. Negotiated loan structures and terms with customers related to risk considerations and pricing parameters.

Solicited new commercial mortgages and maintained commercial loan portfolio to obtain pertinent information regarding proposed transactions and property.

Built portfolio of prospective clients and created extensive referral network through excellent sales expertise.

Coordinated with multiple internal departments to manage overall loans through to funding.

Program application Encompass, Microsoft Excel, Word, Powerpoint and other Private equity Internal Applications.

Additional Experience

Licensed Loan Originator, Ideal Lending (DBA American Financial Network) – Miami, FL

Mortgage Loan Officer, Bank of America Home Loans – Miami, FL

Sales Manager, Wells Fargo Bank – Miami, FL

Mortgage Loan Officer, Washington Mutual Bank & Next Level Mortgage – Miami, FL

Education

Gold Coast School of Real Estate Mortgage Broker School

Aug 20, 2017

Miami Killian Senior High School

Graduated in 1996

Harvard University

Business Analytics

Financial Accounting

Completed

Massachusetts Institute of Technology

Project Management

Completed

Certification

Licensed Mortgage Loan Originator Certification

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