A 14-year career in commercial credit has provided me the opportunity to demonstrate my abilities as performance-driven professional. My strengths in credit analysis, management, planning, and commercial banking has been my greatest asset to my employers. |
Credit Manager offering over 14 years of financial management experience in commercial finance. Proven ability to protect company, provide immediate quality service to customers and build highly motivated teams. Proficient in maintaining and ensuring portfolio quality and uniformity of corporate policies. Business systems and computer literate.
CAREER EXPERIENCE
TEXTRON FINANCIAL CORPORATION - Charlotte, North Carolina
6/2001 - 9/2001 (Commercial Finance Company)
Credit Manager- Manufacturing Division
Performed financial analysis of submitted and declined transactions, protected corporate assets and processed applications. Due to decline in the manufacturing economy, Textron exited sector and closed the division.
ORIX FINANCIAL SERVICES, INC. - Secaucus, New Jersey
5/1987 - 5/2001 (Commercial Finance Company)
Division Credit Manager (1999 - 2001)
Streamlined credit operations to improve customer services and increased company volume while building highly motivated teams. Directed process development of improved services and supervised duties and responsibilities of 4 credit analysts working in cooperation with 13 sales representatives.
Division Operations Manager (1998 - 1999)
Managed customer accounts, identified and resolved customer issues. Led team of 19 members in disposition of collection and litigation matters.
Vice President Assistant (1997 - 1998)
Provided Vice President with detailed financial analysis from branch offices. Ensured that all policies were adhered to by business offices and handled financial transactions.
PRIOR POSITIONS
Section Credit Manager (1995 - 1997)
Credit Manager (1993 - 1995)
Division Credit Analyst (1989 - 1993)
Collector/Credit Analyst (1987 - 1989)
CAREER HIGHLIGHTS ---------------------------
ORIX increased credit line authority from $50K to $500k
Throughout career proved ability to protect company and ensure portfolio quality through providing detailed financial analysis of clients by gathering credit information and analyzing cashflow, payment histories, debt structure, inventory turnover, management practices, receivables and payables agings, projections and collateral coverage. Specialized in manufacturing industry in past years with other lending experience in transportation, construction and small ticket leasing.
Led team to develop an "application only" program which reduced credit approval process time by 30%, increasing average monthly branch volumes by $3M
Developed industry specific characteristics for borrowers which insured loan payback would take place within approval terms
Appointed specific team members processed credit applications of borrowers meeting specified criteria through a "fast-track" process which gathered key information to expedite the process
Directed implementation of the Equipment Pricing Standards program which improved transaction processing time and eliminated "phone tag" among staff and manufacturers relative to equipment pricing inquiries
Researched equipment pricing to develop an equipment database containing historical pricing data
Led team in designing a Microsoft Access database to generate appropriate data from previous transactions entered into database (over 10,000 items instated within 12 months)
Verified equipment pricing was in line with market value and true selling price of machinery
Program reduced application processing time by 15%
Reduced turnaround process time of credit applications 33% and increased average monthly volume $2M
Reorganized division - assigned sales staff 2 assistant managers to address all transaction inquiries
Required assistant managers to have all transactions by their analyst staff completed within 8 hours
Analysts were required to process applications immediately and were coached on methods to process applications in a timely manner
Co-developed an internal tracking system of credit approvals, future funding requirements and document status
Developed a Microsoft Access database providing data on number of transactions approved per month, name of salesperson, total dollar amount of transactions, number of pending approval documents and in-house approved transactions pending delivery
System permitted management to plan, forecast and access key information immediately
Directed implementation of "Fair Isaac" credit scoring for select middle market branches which improved application turnaround time within 7 months
Developed specific criteria to prioritize applications for fast tracking - applications that met scoring criteria were processed rapidly, improving service among customers sales personnel
EDUCATION
ESSEX COMMUNITY COLLEGE - Baltimore, Maryland
Associates of Arts - General Studies |
