Matthew Carangi

*** **** **, ************ ** ****0

Cell: 215-***-****

adyt5f@r.postjobfree.com

Mission Statement: Specialized in a broad range of finance capacities such as asset management, risk mitigation, and credit analysis. Proven track record of asset resolutions, capital restructuring programs, and financial statement review to uphold approved credit standards and meet capital requirements for lending.

THE BANCORP BANK April 2021 – Present

Senior Special Billing Coordinator

Credit Management of Commercial Leasing Portfolio and Loan Acquisition Portfolio

Quarterly Credit Review Report – updated Paynet, CBR, credit recommendations for projected distressed and audited accounts, delinquent accounts are compared with initial credit approvals.

Quarterly Charge-off Report – Equipment Valuations completed for net asset liquidation totals on distressed debt. This is added to asset quality report and consulted with Senior Management for potential risk exposures and future loan approval standards.

TRUIST BANK December 2012 – April 2021

Problem Asset Specialist

•Primary Focus: Working with leasing and loan clients directly to resolve credit concerns and recommend a strategy for additional credit requests. I utilize our credit model and capital restructuring process to underwrite more favorable credit terms. Diverse exposure including Construction, Transportation, Technology, Franchise, Practice Finance, Healthcare, Vendor Services, and Small Businesses.

•Risk Management - Credit Analysis and Performing Debt Restructures.

•Utilizing the Credit Model - Spreading Financial Statements – Employing various credit tools such as debt service coverage ratios, and current ratios to determine the overall liquidity and solvency of a business. Analyzing various reporting platforms -Transunion and Experian Credit Report Review, Dun and Bradstreet, Paynet, Aspire software.

•Capital Restructuring Programs - Loan extensions/modifications, Approving/Denying based on Credit reports, Paynet, and Financial Statement Review. Recommending terms for Liquidity and Cash Flow Improvements. Performed modifications of contract terms using T-Value tables to generate higher returns and significantly reduce default ratios below 50 basis points.

•Asset Management - Evaluating Collateral for FMV, OLV, and FLV; then confirming UCC filings or Title. Working with secondary markets and auction houses to liquidate equipment.

•Determining what the next appropriate action to take is for a distressed Asset: including assignment and assumption, asset sale, litigation, or repossession. Early identification of troubled assets to maximize liquidation values by either recovery/liquidation or sale to third parties.

•Consultation with Attorney when all other attempts for voluntary resolution have failed. Preparation of legal file including UCC filing, Secretary of State confirmation, and Notice of Sale.

•Achievements: All goals and objectives met or exceeded including individual cure rates, modification program success, and debt restructures creating a perfect client experience.

•Certification of Bank Secrecy Act, AML, KYC, UFO filings, and Knowledge of Bankruptcy Laws.

ADVANTA BANK February 2006 – November 2012

B2B Account Representative

Primary Focus: Business to Business Account Receivable Management of commercial loan accounts up to $50,000.

•Performed credit history analysis with Experian and Transunion credit reports to identify opportunities that facilitate contract repayment negotiations.

•Advised management regarding account reconciliation procedures, settlement contracts, and other objectives; via written and verbal communication.

•Achievements: Exceeded all monthly Fee Goals based on gross loan resolution. Provided hardship and modification programs to loan customers based on analysis of credit reports.

TECHNICAL SKILLS

•Microsoft PowerPoint presentations, Excel Spreadsheet, Microsoft Outlook, Microsoft Word, Lease Plus, Lease Waive, CBR generation, Aspire, and Docubase.

EDUCATION

Bachelor of Science, Marketing, October 2005, John L. Grove College of Business (AACSB accredited), Shippensburg University, Shippensburg, PA Arhus University Study Abroad, August 2005 - December 2005, Arhus School of Business, Aarhus, Denmark

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