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vice president asset resolution team resume example with 20+ years of experience

Jessica
Claire
resumesample@example.com
(555) 432-1000,
Montgomery Street, San Francisco, CA 94105
:
Professional Summary
Financial professional with proven effectiveness in real estate lending and real estate loan administration.  During tenures as a real estate workout officer at both Comerica Bank and PNC Bank, I exceeded assigned resolution goals as measured by both number of files closed and the percentage of collection on each file.   A departmental leader during an almost 10 year tenure in Comerica's Special Assets Group and again in my two years of full employment on the Asset Resolution Team of PNC Bank where I won a Market All Star award for 2016 and 2017, meaning my performance was in the top 5% of the department.  Formal credit training from the Harris Bank/Bank of Montreal, Chicago, IL.
Skills
Versed in effective administration of challenged assets, particularly real estate assets.  Mindful that actions of administering an asset can greatly impact the value of the underlying asset, both in a positive or negative direction.

Experienced in ORE administration. Willing and eager to reach out to others when administering an asset to evaluate best methods to preserve or enhance the value of an asset.
Effective negotiating skills and experienced in negotiations in many situations.

Well versed in real estate evaluation.

Solid background in accounting and financial analysis.

Well versed in assessing, and if necessary, implementing lender's legal remedies.
Education
Michigan State University East Lansing, MI Expected in Bachelor of Science : Business Administration - GPA :
Work History
Exl - Vice President, Asset Resolution Team
Galloway, NJ, 05/2014 - Current
Joined the Asset Resolution Team, responsible for collection of small business loans, with most loans secured by varying types of real estate. In 2016 and 2017, earned a Market All Star awards, a distinction in the corporation for its top 5% performers.
Exl - Acquisitions Manager
Gary, IN, 02/2013 - 05/2014
AK Capital is a private equity firm that acquires troubled commercial real estate debt from banks.  Since inception in 2011, AK has acquired debt with an unpaid principal  balance exceeding $75,000,000  Responsible for locating troubled commercial loans that banks wish to sell, evaluating if the potential asset can be acquired for an amount that meets AK's investors' expectations, and crafting a strategy for collection of the loan once acquired.
Northwest Farm Credit Services - Vice President, Special Assets Group
Redmond, OR, 10/2003 - 01/2013
    Responsible for developing a strategy for loans assigned to either return exposure to a credit condition satisfactory to bank, or another method to exit the credit in a timely and cost effective manner while maximizing bank's collection.  In 2007, assigned to a task force that was assigned to manage bank's problem commercial real estate exposure.  Handled a wide variety of real estate including income producing real estate and land development loans.  In addition, one of only six officers in the corporation qualified by Comerican to handle  its ORE, which included overseeing property management and implementing effective marketing of properties.
  • Departmental leader (3rd out of 20) in number of files closed.
  • Routinely exceeded assigned collection goals.  In 2012 achieved 234% of goal, and in 2011, collected 211% of goal.
  • As a consequence of above, consistently received an 'exceeds requirements' performance rating.


Charter One Bank - Assistant Vice President
City, STATE, 02/2003 - 09/2003
Worked as a business development officer responsible for generating new loans.  Responsible for meeting sales goals, maximizing profitability of new and existing accounts and deepening the bank relationship by expanding products utilized in portfolio.
Peoples State Bank - Assistant Vice President
City, STATE, 07/1999 - 02/2003
Assigned first to bank's special assets group responsible for resolving a wide variety of small business loans, mainly secured by real estate.  In 2001, moved to bank's small business lending area as a marketing officer responsible for meeting loan growth objectives that met bank's profitability requirements, and deepening existing relationships at profitable margins.
First Of America Bank (now PNC Bank) - Credit Officer
City, STATE, 04/1986 - 02/1999
Worked in a variety of position, including credit administration, loan administration, coordinator of bank's loan loss reserve adequacy analysis, and credit manager.

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Resume Overview

School Attended

  • Michigan State University

Job Titles Held:

  • Vice President, Asset Resolution Team
  • Acquisitions Manager
  • Vice President, Special Assets Group
  • Assistant Vice President
  • Assistant Vice President
  • Credit Officer

Degrees

  • Bachelor of Science

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