Risk Management Credit Analyst

Melanie D. Hersh

Valparaiso, IN ***** 219-***-****

********@*******.*** https://www.linkedin.com/in/melanie-hersh-821b5580

RISK-ANALYSIS PROFESSIONAL

Detail-oriented Risk professional with 20+ years of experience and a proven knowledge of credit analysis, risk management and mortgage and installment loan underwriting. Team player collaborates well with other underwriters, originators, and processors to produce high quality results. Acts with fair and ethical behavior and complies with federal regulations and Fair Housing Act requirements.

Key Skills

Risk Assessment

Bank Regulatory Compliance

Tax and Financial Statement Review

Problem -Solving

Analytical

Detail Oriented

Accuracy and Timeliness

Written and Verbal Communication

Relationship Building

Presentation

MS Office

Experience

First State Bank of Porter, Porter, IN

Credit Analyst and Non-Conforming Mortgage Underwriter May 2023 to Current

Review of all documents in the commercial and mortgage loan file to make a credit decision according to the commercial and mortgage underwriting guidelines.

Conduct financial and credit analysis to determine the proper credit risk rating for the company under consideration.

Monitor existing loan portfolio performance.

Present recommendations with Risk Rating to Senior Management and Loan Committee.

Utilize spreading software for all commercial loans.

Review of documents to support credit decision (verification of income, tax return analysis including cash flow, asset accounts, personal financial statements, and balance sheets, trusts and any additional required / supporting documentation, etc.).

Formulate and communicate credit decisions in compliance with established underwriting guidelines and regulatory requirements.

Conduct due diligence on borrowers, properties, and market conditions.

Utilizing data to identify trends or relationships to provide insights and inform decisions based on sound analysis.

Gather accurate information to explain rationale and answer critical questions.

Analyze portfolio characteristics, identifying risk drivers, and proposing risk mitigation solutions.

Wells Fargo, Lombard, IL

Non-Conforming Senior Mortgage Underwriter Dec 2014 – Jan 2023

Reviewed all documents in the mortgage file to make a credit decision according to the mortgage program, investor, and Wells Fargo underwriting guidelines for Conforming and Non-Conforming mortgage loans, on an average of 50+ new files a month.

Extensive review and knowledge of self-employed tax returns and financial documentation to determine risk analysis of businesses using cash flow and other financial ratios

Review of documents to support credit decision (verification of income, tax return analysis including cash flow, asset accounts, personal financial statements, and balance sheets, trusts and any additional required / supporting documentation, etc.).

Determine loan eligibility as well as a customer’s willingness and capacity to repay proposed mortgage obligation.

Underwriting of Private Banking, high net-worth clients for Non-Conforming/ Jumbo mortgages.

Oversaw credit decisions and producing credit approval letters with all necessary conditions.

Formulate and communicate credit decisions in compliance with established underwriting guidelines and regulatory requirements.

Maintains excellent level of quality while consistently being in the top 15% of production.

Served with a lending authority for final decisions of up to $2.5M.

Wintrust Mortgage, Rosemont, IL

Correspondent Mortgage Underwriter May 2014 – Dec 2014

Managed document review in the mortgage file to make a credit decision according to the mortgage program, investor, and Wintrust underwriting guidelines for Conforming and Non-Conforming mortgage loans.

Review documents to support credit decision (verification of income, tax returns, asset accounts, personal financial statements, and balance sheets, trusts and any additional required / supporting documentation, etc.) to determine willingness and capacity to repay proposed mortgage obligation.

Formulated and communicated credit decision in compliance with established underwriting guidelines and regulatory requirements.

Served with a lending authority for final decisions of up to $1.25M.

J.P. Morgan Chase, Chicago, IL

Senior Mortgage Underwriter July 2012 – May 2014

Reviewed all documents in the mortgage file to make a credit decision according to the mortgage program, investor, and Chase underwriting guidelines for Conforming and Non-Conforming mortgage loans.

Review documents to support credit decision (verification of income, tax returns, asset accounts, personal financial statements, and balance sheets, trusts and any additional required / supporting documentation, etc.) to determine willingness and capacity to repay proposed mortgage obligation.

Formulated and communicated credit decision in compliance with established underwriting guidelines and regulatory requirements.

Underwriting of Chase Private Client, high net worth clients, Conforming and Non-Conforming mortgages.

Served with a lending authority for final decision of up to $1.0M.

Education

Graduate School of Banking at University of Wisconsin-Madison – Graduate Degree in Banking

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