SUMMARY:

Credit review / portfolio monitoring. Significant experience and record in commercial / industrial lending, multi - investor leasing, fixed income risk (including derivatives), leveraged lending, financial services counterparty risk.

S KILLS:

MS Word-Excel-PowerPoint, and Project; SQL; Financial spreading with FAMASCrow Chizek, Moody’s, S&P CRE, SP Capital IQ; Credit trained at a major money center bank; Numerous online credit research, market data, and reporting platforms; Risk methodology audit and review experience; Industry expert in 18 Industriesmerger due diligence experience in 3 industries; Financial product development experience; Banking and securities regulatory experience (FRB, FDIC, NYBDDodd-Frank, Basel II-III, GLBA, FSF, SOX, SEC, NRSRO, NYSE);

PROFESSIONAL EXPERIENCE:

Confidential, New York, NY

Responsibilities:

• Led special work-out project during the energy price stress event of 2014-15. $14 billion in energy-related loans & facilities, fixed income instruments, derivative exposures, private investment funds.
• Reporting analyst - counterparty risk ratings / exposure calculations - $54 billion of net exposure to: repos, rev-repos, securities lending & borrowing, margin finance. Provided formal monthly commentary for US regulators and senior business leaders covering movement and composition of risk by counterparty, book, and department.
• Assisted business leaders / compliance staff with upgrade of legal documentation to reduce risk and achieve lowered risk-capital burden for the book of business.

Confidential, New York, NY

Project Structuring Advisor

Responsibilities:

• Developed long term debt, equity, and tax equity forecast models which exceeded rating agency requirements for investment grade / non-investment grade conclusions. Considered an essential asset of the development group.
• Utilized relationships with utilities, major US project banks, tax investors. Incentive arrangement for high-end modeling of investment grade energy-storage projects that create (‘baseload’) wind / solar energy generation.

Confidential, New York, NY

Financial Services Counterparty Credit Analyst

Responsibilities:

• Senior counterparty credit risk analyst - US/foreign broker/dealers, banks, insurers, funds, SPVs, private-equity firms. Retained to professionalize counterparty review work - content, depth and accuracy.
• Credit review responsibility for $8 billion in annual Confidential group securities Confidential volume.
• Lead reviewer for large, international, elevated-risk names under heightened watch. Developed Confidential frameworks for assessing complex-counterparty liquidity risk, and transparency/additivity of Basel III metrics.
• Confidential has a unique exposure to its counterparties, reflecting its ‘house bank’ role in high volume electronic transactional ‘closing services’ for DTCC ‘members’, which translates to trillions of dollars of annual risk.

Confidential, New York, NY

Credit Process Change Leader

Responsibilities:

• Working closely with business / technology leaders, documented the business requirements (BRDs) for a bank-wide pro-forma forecast system to support pro-forma forecasting of capital for the US businesses of Confidential Bank ($250 billion). Mapped Basel III reporting data into Confidential and Confidential CCAR regulatory reports.
• Reviewed credit underwriting processes for diverse portfolios. Improvements identified and crafted which met newly-applicable Basel III regulations, and enhanced transaction risk transparency for committee.
• Assisted banking-book leadership with detailed revisions to due diligence checklists for securitization financings (credit risk analysis).

Confidential, Staten Island, NY

Subject Matter Expert

Responsibilities:

• Led and organized a sampling process for transaction documents at the 12 largest Saudi banking institutions to identify and flag contingent and off balance sheet energy exposures and counterparty exposures in loan systems.
• Presentations and training to the Saudi banks. Recommended loan accounting and credit risk software to organize a standardized consortium-wide treatment for contingent energy exposures and counterparty risk.
• Surveyed capabilities of software vendors for, classification of contingents by type, estimation of counterparty potential future exposures using Confidential derivative valuation, and counterparty credit risk surveillance.
• Conducted buy versus build research.

Confidential, New York, NY

Associate Director

Responsibilities:

• Instrumental in closing $10 million, four-year, credit risk analytics contract with the 12 largest Confidential .
• Trained banks in in-depth pro-forma forecasting; equivalency to agency bond ratings; research on borrower industry cycle; cross-correlation of statement line items-to-industry / macro / interest cycles; requirements of borrower direct contact; evaluation of borrower’s acquisition record; reconciling footnote data to the financial statement line items.
• Developed widely-used ‘risk trend spread tool’ for tracking PD model’s financial-ratio ‘component factor’ trends.
• Proposed the financial ratio ‘predictive factors’ for a probability of default (PD) model tailored to local market practices, norms, laws. Model achieved high hold-out sample accuracy beginning the first year.
• Issued a contemporaneous report for the members on the 2008-10 global crisis and its impact on revenue and earnings in Saudi Arabia's construction, energy, and services industries.
• Authored the first ‘loss given default’ ( Confidential ) report for the Kingdom; study accepted by Saudi Monetary Authority.

Confidential, New York, NY

Vice President

Responsibilities:

• Developed a ‘collateralized loan obligation (CLO)’ risk structuring tool, based on Basel II’s then-new ‘SFA’ securitization risk model.
• Credit risk methodology review. Led a global review of ‘risk methodology gaps’ at the height of the crisis.
• The effort is credited with accelerating global Citi compliance with stepped up US transparency requirements.
• Established dialog with credit risk and corporate risk functions worldwide and authored report conclusions.
• Results presented to the Board of Directors in 2008. Favorable regulatory, BOD, and auditor reception.
• Initiated ‘stability forum’ stress testing approaches working with Chief Economist and risk architecture officials.
• Assisted in establishing ‘independent risk control unit’ for ‘small/medium enterprise’ and ‘retail’ operation.

Confidential, Stamford, CT

Portfolio Risk Analysis

Responsibilities:

• Fixed income portfolio recommendations through all phases of market environments: Corporate, muni, junk, foreign bonds; Commercial/Industrial, mortgage, senior, high yield loans; REITs; Private equity, managed futures, hedge funds. Significant energy fixed income experience
• Originated collateral-backed revolving credits, and hotel / office property mortgages for Confidential conduit funds.
• Enterprise equity valuation-based debt trading experience; capitalization arbitrage experience.
• Portfolio optimization - studied risk and performance characteristics of proposed pension and treasury portfolios, simulating maximum point-to-point loss (value at risk). Portfolios included fixed income, defensive equities, futures,
• Engineered key sales wins in difficult 2001-2003 environment. 7 years of securities sales.

Confidential, New York, NY

Vice President, Manager

Responsibilities:

• Established strong, successful credit discipline; achieved profit levels unmatched by peer Japanese firms in the era.
• Confidential loan losses full cycle on a $2 billion commercial loan portfolio despite serious recession where peers regularly lost 100% of capital.
• Performance is despite concentration in highly-leveraged, lease, non-rated, project deals.
• Extensive track record analyzing the creditworthiness of financial counterparties.
• Managed $6.6 billion of securities lending limits for 7 years - record of Confidential losses and no returned securities.
• $1.2 billion of structured, project, merger, and lease transactions.
• Expertise in taxation, ownership/control, risk sharing, legal documents, interviewing of client officers to gain a complete picture of operations and management.
• Proven secondary market skills - established relationships with 26 institutions, placing loans totaling $665 million.
• Consistently out-performed peer institutions in industry knowledge - oil & gas, energy utilities, energy project finance, utilities, petro-chemicals, specialty-chemicals, banking, broker/dealers, telecom construction, P/C insurers, leveraged finance, internet, services companies, etc., etc. - no loan loss track record in 19 industries.
• Forensically identified deceptive press releases at fortune 100 companies. Surfaced fatal documentation issues in multiple transactions, avoiding or exiting the at-risk relationships, and avoiding $63 million of write-offs.
• Established firm’s credit analysis checklist, which included in-depth pro-forma forecasting; equivalency to a bond rating (where appropriate); literature search on industry cycle; cross-correlation between financial statement line- items and industry/macro/foreign-exchange/interest-rate cycles; pro-forma downside scenario tests; borrower direct contact requirements; borrower historical acquisition performance reviews; reconciliation of footnote data to financial line items and macro and industry cycles; evaluation of trends in the individual PD model component factors; pre-committee news press reviews.
• Successful strategic product expansion - project finance participations, leasing business, leveraged buyout senior loan, residential mortgage securitization; international securities lending, merger intermediation;