EXPERIENCE


                        Delaware Place Bank, Chicago, IL

                        SVP & Chief Credit Officer (Feb 2007 to present)                    

·         Responsible for the management of commercial credit function, including Underwriting Department, Loan Documentation and Servicing department, and Credit Administration Department for this $320 million bank with four direct reports and three indirect reports.

·         Develop and institutionalize new credit underwriting standards for 1) commercial and industrial loans 2) commercial real estate loans; and 3) renewal application template, resulting in much more streamlined and faster process.

·         Established a new background/inquiry procedure for prospective new commercial loan customers for loans $500,000 and above, which significantly decreased the bank’s risk exposure with better anticipation and forecast of similar derogatory trends in the future.

·         Enhanced and improved the bank’s ability to provide better customer service and assess customer’s risk profile by implementing a new global cash flow and financial spreading software program.

·         Review company existing loan procedures including the Loan and Loan Review Policies to ensure that they are consistent with the requirements of the Board of Directors and in compliance with the applicable regulatory guidelines.

·         Responsible for several loan work-outs including loan restructure to improve repayment ability and helped manage the loan work-out function.

·         Reviewed company existing loan procedures including the Loan and Loan Review Policies to ensure that they are consistent with the requirements of the Board of Directors and in compliance with the applicable regulatory guidelines.

·         Assisted commercial loan officers on customer and site visits.

·         Provided assistance in structuring prospective loan transactions.

·         Referred over $30 million in new business to the bank over the past year of which over $20 million was approved and booked.

·         Booked over $20 million of participated loan business over the past year.

·         Member and Secretary of the bank’s risk assessment and sales committees.

·         Member of the ALCOA committee.

·         Voting member and Secretary of Bank’s Loan Committee.

           
                          GreatBanc, Incorporated, Chicago, IL

                          EVP & Chief Credit Officer (Jan 2006 to Feb 2007)

 
·         Responsible for the management of commercial credit function, including Underwriting Department, Commercial and Industrial Loan Serving Department, Commercial Real Estate Loan Servicing Department, and Commercial Real Estate Construction Department for this $1.2 billion three bank group with two direct reports and eight indirect reports.

·         Restructured and centralized the credit underwriting process by establishing a new credit department reducing FTEs from 8 to 4 and providing a savings of over $200,000 for the bank; significantly improving portfolio credit quality by streamlining loan underwriting process.

·         Developed and institutionalized new credit underwriting standards for 1) commercial and industrial loans 2) commercial real estate loans; 3) small commercial loan transactions $500M and below, and 4) renewal application template, resulting in much more streamlined and faster process 

·         Established a new background/inquiry procedure for prospective new commercial loan customers, which significantly decreased the bank’s risk exposure with better anticipation and forecast of similar derogatory trends in the future.

·         Enhanced and improved the bank’s ability to provide better customer service and assess customer’s risk profile by implementing a new global cash flow software program.

·         Reviewed company existing loan procedures including the Loan and Loan Review Policies to ensure that they are consistent with the requirements of the Board of Directors and in compliance with the applicable regulatory guidelines.

·         Monitored and evaluated the adequacy of each bank’s loan loss reserve.

·          Voting Member and Secretary of Banks’ Senior Loan Committees.


                          Bridgeview Bank Group, Chicago, IL (2005-2006)

                          SVP/Deputy Chief Credit Officer (April 2005 to Jan 2006)

 

·         Managed the credit analyst area with five direct reports in Chicago and Arizona.

·         Voting Member of the bank’s loan committee

·         Served as Interim Chief Credit Officer

 

                              GreatBanc, Incorporated, Chicago, IL (1995-2005)

                              Vice President Credit Administration (Jan 2002 - April 2005)

                              AVP Credit Administration (Oct 1999 - Jan 2002)

                              Loan Review Officer (Oct 1995 - Oct 1999)

 

·         Provided assessment of loans condition and quality independent of the lending function; Secretary of corporate Senior Loan Committees.

·         Responsible for preparation of loan reports, which were submitted to Board and Senior Management.

·         Monitored adequacy of banks’ loan loss reserve.

·         Coordinated lending activities between subsidiary banks.

·         Prepared policies and procedures for lending departments and provided oversight of asset classification analysis to ensure the regulatory guidelines are followed.

·         Performed numerous special projects such as due diligence of applicable portfolios and risk assessment of multiple areas of loan department.

Supervised Loan Review and Credit Administration areas ofthe bank.


                               Banc One Corporation, Chicago, Illinois (1993 – 1995) 
                               Loan Review Officer (Apr 1993 – Oct 1995)

 

·         Conducted full scope file reviews.

·         Assessed compliance of bank loan policies with the relevant regulatory processes

·         Analyzed and assessed the quality of loan underwriting process.

·         Evaluated the adequacy of loan documentation.

 

                                      First Colonial Bancorp, Chicago, Illinois (1991 – 1993)  

                                      Loan Review Analyst (Aug 1991 - Mar 1993)

 

·         Analyzed credit quality of loans.

·         Reviewed loan documentation for accuracy.

·         Calculated loan loss reserve.

·         Performed financial reporting and analysis.

                                     River Forest Bancorp, Chicago, Illinois (1987 – 1991)  

                                    Auditor (Jun 1990- Jul 1991)

 

·         Analyzed loan files of prospective banks for acquisition by River Forest Bancorp.

·         Audited a $180 million portfolio to evaluate efficiency and techniques employed in administering loans.                 

·         Performed system support and calculation, and preparation of loan purchase documents.

 

                                  Lending Representative (Dec 1987 - May 1990)

 
·         Supervised the investigation of customer records for a $160 million loan portfolio to test for compliance with federal student loan deferment.

·         Implemented system to verify accuracy and validity of processing loan deferments.

 

 

EDUCATION    

DePaul University, Chicago, Illinois

 

·         Masters of Business Administration, June 1990

·         Major: International Business

·         Concentration in Finance

 

Loyola University, Chicago, Illinois  

·         Bachelor of Business Administration, May 1987

·         Major: Finance

·         Minor: Political Science

 

 

MEMBERHIPS ·         Member of the Board of Directors of the Chicago Mathematical and Science Academy (2005 – present).

·         Member of the Risk Management Association - (1995 to present)

·         Member of Chicago Council on Foreign Relations ( 2006 to present)