Senior Credit Underwriter & Risk Expert

James E. Cusick

Palm Harbor, FL ***** 727-***-**** ********@***.*** www.linkedin.com/in/jamescusick3-banking

CREDIT RISK UNDERWRITING LOAN REVIEW PORTFOLIO MANAGEMENT BANKING CONSULTING

Disciplined, decisive, knowledgeable and results-oriented professional with extensive, broad, in-depth banking and risk management experience in the public and private sectors. Breadth of experience encompasses regulatory/examination, compliance, due diligence, commercial, consumer, residential, high net worth client underwriting and lending, loan servicing and marketing. Proven ability to analyze strategic issues in industries including healthcare, marine and aircraft. Exceptional leader with the expertise to achieve significant cost savings. An adaptable and energetic achiever who can make an immediate impact on an organization’s overall efficiency, productivity and profitability.

KEY SKILL AREAS

Due Diligence/Loan Review Interpersonal Skills Microsoft Office

Regulatory/Examination Asset Restructure SBA/USDA/ABL

Portfolio Management Risk Management CRE/C&I/Construct A&D

Healthcare Marine-Aircraft Loan Presentation

EXPERIENCE and ACCOMPLISHMENTS

Pathward, N.A. Remote. . 2022 – 2026

Senior Credit Review

Review and validate front line underwriting including financial analysis and collateral valuation, review structure as approved vs booked, validate risk rating, evaluate covenant monitoring and compliance, document collection, and tickler compliance for Alternative Energy, Solar, Renewable Natural Gas, Battery Energy; Equipment Sale-Leaseback; Asset Based Lending/Factoring, USDA/SBA, Insurance and Financial Services

Pilot Bank, Tampa, FL 2020 – 2021

Community bank headquartered in Tampa, FL since 1987 with total assets of $656 Million. Acquired by Lake Michigan Credit Union

V.P. – Senior Credit Analyst

Responsibilities include new business underwriting, portfolio review, modifications and RLOC renewals. Loan types include SBA 7(a) and 504, ITL (International Trade Loans,) business acquisition and expansion, working capital LOC, equipment and inventory, Commercial Real Estate, Commercial C&I.

Analyzed global financial and statistical information, perform industry analysis for new loan requests, renewals/modifications, and existing borrowers to drive the credit decision making process.

Conducted detailed analyses for trends, ratios, and cash flow. Authored and presented insightful, accurate credit memoranda providing a detailed evaluation of all risks to senior management.

Seacoast Bank, Tampa, FL 2018 – 2019

Community bank headquartered in Stuart, FL active since January 1934 with total assets of $6.8 Billion.

V.P. – Senior Commercial Underwriter: Loans and Relationships of $2,000,000 or more.

Responsibilities include new business underwriting, portfolio review, modifications and RLOC renewals. Loan types include ABL, Commercial Real Estate, Commercial C&I, Aircraft and Marine. Approval authority: $2,000,000

Analyzed global financial and statistical information, perform industry analysis for new loan requests, renewals/modifications, and existing borrowers to drive the credit decision making process. These analyses led to correct lending decisions on loans beyond credit authority including $5,000,000 aircraft purchase, $3,000,000 RLOC to $75MM building supply company and $4,000,000 marine purchase.

Conducted detailed analyses for trends, ratios and cash flow. Authored and presented insightful, accurate credit memoranda providing a detailed evaluation of all risks to senior management. Recognized a client’s need for a RLOC to relieve pressure on operating cash flow which was approved and closed.

Collaborated with project manager to identify a list of loan policy violations to be programmed into an online approval template. This shortened the time required to review large loan requests and ensure appropriate statutes and regulations are followed.

Flagship Community Bank, Clearwater, FL 2013 – 2018

Community bank active since January 2006 with total assets of $121 Million now known as Flagship Bank.

A.V.P. - Senior Credit Analyst/Portfolio Manager/Loan Review/Risk Review

Performed global cash flow, collateral, and credit analysis on new applications and existing loans/relationships including SBA. Collected due diligence documentation.

Conducted credit reviews while updating risk ratings of initial decisions and resubmissions of existing loan files while preparing projections, monitoring covenants and calculating borrowing bases.

Managed risk by determining creditworthiness of commercial loan applicants; analyzed range of financial data, including full menu of tax returns, balance sheets, income / cash flow statements, budgets, and projections.

As Master Account Holder, managed user access to various Sageworks/Abrigo platforms, which are the bank’s cloud based automated underwriting software provider.

Researched, authored, and presented institution wide, relationship and individual borrower Stress Tests and Sensitivity Analysis to Executive Management and Board of Directors. This allowed adjustments to Allocation for Loan and Lease Loss from Current Earnings, potentially boosting earnings.

Prepared commercial and residential property evaluations for loan requests $250,000, eliminating the expense of an outside appraisal.

Completed commercial and residential appraisal and Phase I Environmental Report reviews, eliminating the cost of outsourcing and saving $300-$500 per report.

Served as Secretary to the Directors’ Loan Committee authoring minutes of monthly meetings.

Oriented, trained and coached two new associates, over a 6-month period, in areas including credit analysis, collateral and credit evaluation, and loan policies / procedures. Reviewed production.

Florida Bank Tampa, FL 2011 – 2013

Community bank with $565Million in total assets. Sold to Iberia Bank in March 2015 without government assistance.

V.P. - Senior Commercial Underwriter/Loan Review/Risk Assessment/Asset Restructure-Disposition

Performed global cash flow, collateral, and credit analysis on new applications and existing loans/relationships.

Led the analysis to liquidate criticized assets through reviews, updated risk ratings within an established time frame and conducted timely reviews while updating risk ratings of initial decisions and resubmissions of existing loan files. Analysis led the effort to liquidate non-performing loan assets.

Independently conducted financial, market and collateral analysis on all applicant/borrowers both corporate and individual over a full menu of commercial lending products.

Determined cash flow, credit worthiness, collateral value, debt service, and compliance with internal and regulatory policies/statutes over a full menu of commercial lending products.

Conducted global cash flow analysis on all complex commercial real estate and commercial and industrial transactions both existing and proposed.

Teamed with Special Assets Officers to profitably structure/liquidate non-performing credit assets. Assisted Risk Department with special projects as needed.

Built on the bank’s existing relationships by conducting thorough due diligence and offering additional lending products i.e. a guidance line of credit to relieve cash flow pressure, which originated new business. Noted as being an independent, motivated and creative team player as a result of this work.

PREVIOUS RELEVANT EXPERIENCE

First Kensington Bank/Superior Bank Tampa, FL

V.P. - Senior Credit Analyst

AmSouth Bank Clearwater, FL

Relationship Representative/Underwriter and Account Manager in Healthcare Banking Group.

Chase Manhattan Mortgage Corporation Boston, MA/Tampa, FL

A.V.P. - Positions included Production Underwriter – Nonconforming residential paper, Correspondent Division; Area Underwriter; Eastern Area Review Officer, Quality Control; Deputy Credit Officer, Southeast Region; and Relationship Manager.

Coolidge Bank and Trust-Boston, MA

A.V.P. – Commercial Loan Officer

Commissioner of Banks Commonwealth of Massachusetts Boston, MA

Principal Bank Examiner in charge of FDIC, Federal Reserve, and credit union statutory Reports of Examination

EDUCATION

Carroll School of Management, Boston College, Boston, MA

Completed 69 hours of coursework towards Master of Business Administration.

Bachelor of Arts, (BA), Economics, Boston College, Boston, MA

FDIC Examiner Commission School Graduate

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