INVESTOR'S BANK – MARCH 2016 TO FEBRUARY 2020 - SHORT HILLS, NJ
SR. COMMERCIAL LOAN SERVICER ASSOCIATE
Responsible for completing general loan servicing tasks on a daily basis.
Efficiently & accurately document loan servicing customer cases.
Ensure that all escrows & insurance payments are made on a timely basis.
Responsible for funding loan payoffs or initial funding on closings.
Manage all commercial loan files.
Responsible to resolve all client issues or requests in a timely manner.
Worked with the closers in regards to loan set up using Fi-Serve.
CITIBANK – JULY 2012 TO JANUARY 2016 – JERSEY CITY,
ASSISTANT VICE PRESIDENT
Primary day-to-day focal point of contact for key/high revenue clients
In charge of monitoring and reconciling Credit Suisse's mortgage loan business.
Provided backup coverage for team members and assisted team members during high volume periods
Utilized expert technical knowledge of bank, industry, and product systems in order to deliver quality service and achieve operating efficiency
Interacted with Operations, Account/Product Management and Technology to resolve client and operational issues
Participated and lead activities related to compliance with procedures and controls
Communicated knowledge of regulatory requirements to junior CSO’s
Trained others and provided feedback to ensure 100% cross training and implementation of best practices
Supported junior CSO’s with difficult and or sensitive clients
GOLDMAN SACHS & CO – SEPTEMBER 1987 TO AUGUST 2011 – NY, NY
RISK MANAGER ASSOCIATE – TREASURY OPERATIONS (2009-2011)
Promoted numerous times to manage firm’s risk of receipts and payments, ensuring compliance with financial and regulatory controls as devised by OFAC, Legal and AML Compliance
Assisted with the Merchant Bank group in commercial loan funding such as participation loans.
Responsible for setting up day loans for IPO’s, syndicates, and debt restructurings
Spearheaded task force for bank fee project - realized savings of more than one million dollars in a 2-year period
Collaborated with Accuity and GS technology to implement and test updated OFAC lists
Provided strategic training on OFAC processing and developed procedures on OFAC screening required by AML Compliance
Monitored firm bank accounts, in excess of $250 billion/daily, ensuring proper liquidity
Effectively resolved issues and queries raised by customers and internal departments
CASH FORECASTING AND LIQUIDITY MANAGEMENT ASSOCIATE – TREASURY OPERATIONS (2000-2009)
Oversaw inter/intra company funding of all accounts based on long, short and zero balance positions, and expected cash to the accounts. Projected firm’s net cash position and monitored security position ensuring cash needs were met
Liaised with the firm’s finance desk to ensure proper communication of all cash positions so accounts were adequately funded
Overseas assignment to London as Treasury representative in Intercompany Netting User Acceptance Testing
Analyzed the commercial paper position at DTC and margin requirements at exchanges to project/finalize the gain/loss of cash
Reconciled and monitored collateral positions at BNY/Mellon to project and incorporate anticipated settlements and fails
Placed segregated client money in the overnight market based on SEC and FSA regulations.
Authored and delivered PowerPoint presentations on key cash management and treasury concepts. Responsible for training and integration of new team members
Invested and maximized long end-of-day cash balances in the fed funds market based on the firm’s current credit limits
Managed reconciliation and funding of firm lockbox accounts
CASH MANAGEMENT ANALYST – FOREIGN TREASURY OPERATIONS (1987-2000)
Coordinated daily foreign exchange funding/projection for Pacific basin, Canadian and Mexican currency requirements
Determined and compiled funding for various GS entities and applied to current demands
Reviewed settlement of foreign exchange payments and receipts through Goldman, Sachs Treasury Operating System (TBS)
Determined and executed movements of funds between inter/intra-company accounts for foreign currency bank accounts
Executed on strategic projects and initiatives to improve efficiency and control
Arbitrated with domestic and international offices and counterparts regarding funding issues, account balance matters, settlement difficulties, reconciliation and other foreign exchange related inquires
RECONCILIATION ANALYST (1987-1990)
Reconciled U.S. dollar bank accounts and commodity accounts. Monitored and controlled cash position on a daily basis
Notified client services upon receipt of funds. Communicated with departmental personnel. Investigated unknown transactions
Created reports on U.S. dollar activity and distributed to management
E.F. HUTTON & CO – JANUARY 1984 TO SEPTEMBER 1987 –
Participated on CFO Process improvement team, developing efficiencies with ledger interaction
Identified and resolved accounting discrepancies for US Operations
Assisted in year-end close-out and reconciliation processes
Team lead for annual planning process
Proficient in Excel & Microsoft Word
St. Francis College, Brooklyn, NY
BS, Business Management