Asset Risk Manager Banking Industry Expert Witness

Expert 3801

Professional Profile

Accomplished Vice President with expertise in, loan operation management, non-performing asset management, team leadership, and positive mentorship to maintain result oriented and motivated personnel. Decisive leader with proven success in maximizing asset value, improving customer service, and streamlining business processes. 

Work Experience:

OneWest Bank, formally Indymac Federal Bank F.S.B., Pasadena, CA
March 2009 – March 2012
Vice President
Asset and Risk Manager, March 2009 to March 2012
•    Managed a $600+ million portfolio of distressed construction assets
•    Provided leadership to a staff of 11+ employees
•    Evaluated non-performing assets to determine optimal exit strategy to minimize loss and
      maximize asset value
•    Created and maintained excel spreadsheets used to monitor specific projects and daily
      workflow 
•    Created and determined exit strategies that include modification, short sale negotiations,
      foreclosure proceedings, review and negotiation of forbearance plans
•    Prepared and presented recommendation memorandums to OneWest Bank’s executive
      committee
•    Achieved and maintained satisfactory audit results from PWC, Watkins and the FDIC
•    Responsible for writing, maintaining and adhering to current policies and procedures
•    Lead changes to streamline business processes, decrease headcount through operational
      improvements, and enhance operational efficiency
•    Ensured exceptional customer service to a diverse clientele, both internal and external
•    Prepared and delivered performance evaluations
•    Responsible for reviewing and approving invoicing
•    Short Sales, Note Sales and Discounted Payoffs, March 2009 to April 2011
•    Provided final decisions on counter offers for short sales, note sales and discounted payoffs.
•    Evaluated and presented short sale and note sale and discounted payoff offers to OneWest
      Bank’s executive committee

Indymac Federal Bank, F.S.B., Pasadena, CA
February 2000 – March 2009
Regional Vice President, March 2005 – March 2009
Asset and Risk Manager, April 2008 to March 2009
•    Reported directly to EVP/CEO of consumer construction lending
•    Identified, prepared and presented case studies to FDIC/IMFB Executive Committee
•    Managed $382 million portfolio of distressed construction assets with loan amounts in excess of
      $1.5 million
•    Evaluated non-performing assets to determine optimal exit strategy to minimize loss and
      maximize asset value
•    Determined exit strategies that include short sale negotiations, foreclosure proceedings, review
      and negotiation of deeds in lieu, forbearance plans and/or refinance opportunities
•    Identify, classify and create workout strategy for assets exhibiting weakness based upon
      various and predictive loan characteristics defined by forecast and migration models
•    Reviewed individual construction progress to determine construction term and budget
      sufficiency
•    Create and maintains excel spreadsheets used to monitor specific projects and daily workflow 

Regional Operations Manager, March 2005 to April 2008
•    Managed consumer construction origination operations for the #1 custom home mortgagee in
      California and #2 market share nationwide
•    Managed top producing regional center that produced 70% of volume for the consumer
      construction department
•    Prepared and presented credit summaries to Executive Committee, and President of Home
      Construction Lending, for construction loan commitments ranging from $2-$5 million
•    Provided final decisions and signature authorization on Estate Home Construction Loans up to
      $2 million 
•    Achieved consistent satisfactory results on OTS, regulatory and internal audits
•    Played an important role in maintaining and improving employee morale to increase employee
      retention
•    Provided leadership to a staff of 25+ employees on a regional basis for a $2.2 billion per year
      construction business
•    Reduced operational risk exposure through extensive and ongoing training and professional
      development
•    Ensured delivery of superior customer service to diverse clientele
      Western Regional Operations Management, July 2002 to March 2005
•    Top Producing Regional Center 2002 – 2005
•    Approval authorization for Home Construction Loans up to $1 million
•    Created policies and procedures for training purposes
•    Provided leadership and training for all incoming employees
•    Continually achieved satisfactory results on OTS, regulatory and internal audits

Funder/Condition Specialist,  February 2000 to July 2002
•    Reviewed documentation to validate authenticity and accuracy while implementing quality
      control to eliminate fraud
•    Ensured that all loan documents were within Compliance Regulations
•    Maintained and managed monthly funding pipelines in excess of $100 million
•    Reviewed and evaluated loan documentation to determine buyer, property, and loan         
      conditions met established company and product standards
•    Examined entire loan documentation to ensure accuracy, completeness and to ensure that each
      loan met secondary market, investor and company standards

Education/Training
Cal State Northridge
UCLA
Pasadena City College
FDIC Case Writing

Technical Skills
Microsoft Office, Excel, TCL, eMits/MIPS, Seibel, HCL Portal/Web, Desert Docs, Digital Docs, Mortgage Ware